Page 135 - Economy

Trump tariffs to impact 55% of total merchandise exports to US: MoS Finance

"A combination of different factors, such as product differentiation, demand, quality, and contractual arrangements, would determine the impact on India's exports," he said

US tariffs threaten to derail India's affordable housing market recovery

Pointing to worker incomes and jobs in micro, small and medium enterprises (MSMEs), and small and medium enterprises (SMEs) that typically make up majority of the customer base of affordable housing

Centre slashes FCI share of broken rice to boost ethanol production

Petroleum Minister Hardeep Singh Puri said last Friday that no engine failures had been reported since the E20 blend's rollout and that the performance impact was minimal, at around 1-3 per cent

Trump tariff hike to 50% on Indian goods sparks calls for self-reliance

Business and startup leaders urge reduced US dependence as Trump's tariff hike on Indian exports threatens $80 billion in trade and hits tech and FMCG sectors

MMDR Bill proposes mine expansion, relief on critical mineral charges

Bill allows easier lease expansion for deep-seated minerals, waives charges for critical minerals, removes captive sale cap, and sets up mineral exchanges to boost mining output

Uttar Pradesh govt allocates ₹6,000 crore for greenfield townships

While some projects are likely to be launched next month, the remaining township projects would start in October around Diwali

US tariff hike likely to hit Rajasthan's gems and jewellery sector

Jaipur Sarafa Committee Chairman Kailash Mittal said that Rajasthan's jewellery traders are surprised by the tariff move but not overly worried

How advanced manufacturing can define India's global manufacturing rise

India's rise in global manufacturing will be driven by innovation-first businesses, policy alignment, and closing the talent gap

Trump's 50% tariffs forcing Indian banks to scrutinise exporters' loans

Lenders are asking borrowers more pointed questions when vetting new export financing proposals or renewals of such funding

US tariff impact on MSME workers may hit affordable home sales: Anarock

Anarock pointed out that sales and launches of affordable homes have already gone down post-Covid-19 pandemic

In India, Trump's tariffs spark calls to boycott American goods, companies

There's a growing chorus both on social media and offline to buy local and ditch American products after Donald Trump imposed a 50 per cent tariff on goods from India

Govt targets critical minerals security through mining law changes

The proposal, aimed at securing long-term access to resources like lithium, copper, cobalt, and rare earth elements, comes amid tightening global supply and rising geopolitical risks

Centre wants states to support exporters hit by Donald Trump tariff

Exporters have warned that the US tariff hike poses a setback, affecting nearly 55 per cent of India's shipments to the American market

MNRE aims to clear backlog of ₹200 cr subsidy for CBG plants post monsoon

Delays have stemmed from stringent norms, eased last June, and off-take challenges for larger plants

India moving fast towards becoming the world's third-major economy: PM Modi

The Prime Minister's comments come days after US President Donald Trump's "India a dead economy," jibe

Trump tariff: Russian oil imports may dip in Aug while US' share rises

Over half of the 40 ships carrying Russian oil to India for deliveries this month are uncertain about discharging their cargoes because they will reach India only after August 21

Statsguru: The two sides of growth as India marks 79th Independence Day

Demographically, India overtook China as the most populous nation, with 1.46 billion people in 2025, even as the average annual population growth rate fell

Private sector likely to play a key role in nuclear power road map

A consultative process is underway, led by NITI Aayog along with NPCIL, involving state energy ministers as nodal points to ensure alignment with state-level energy priorities

'Indian refiners can do without Russian oil, but with trade-offs'

Russian crude supports high distillate yields - the share of crude converted into fuels like petrol, diesel, and jet fuel through distillation

Shrimp exporters seek govt aid as Trump tariffs threaten $2 bn of exports

The association has requested a 30 per cent increase in working capital through soft loans