Page 150 - Economy

Trump slaps 25% tariff on Indian goods: Smartphones, pharma, shrimp hit

The tariff kicks in August 1 and threatens key Indian exports like smartphones, pharma and shrimp ahead of trade talks set for August 25 in New Delhi

Urban FMCG demand slows but stays ahead of rural in Q1FY26: Report

Urban FMCG volume growth slowed to 4 per cent in April-June but continued to outpace rural demand as uneven rainfall, seasonal shifts hit foods and personal care

India to pay 25% tariff plus penalty for Russian oil, defence buys: Trump

US President Donald Trump described India's trade policies as the 'most strenuous and obnoxious non-monetary trade barriers of any country'

India presses ahead with US trade talks despite looming Aug 1 tariffs

India is pushing ahead with trade deal talks with the US despite looming Trump-era tariff threats, focusing on long-term economic alignment beyond short-term disruption

AIIB to double private-sector lending by 2030: Ajay Bhushan Pandey

AIIB aims to boost private sector financing to 50% by 2030, focusing on renewables, green energy, and affordable housing; lending to rise to $17-18 billion

India's smartphone market dials 8% volume growth in Q2 2025: Report

Retail inflation dropped to a six-year low, easing pressure on household budgets, while the central bank's repo rate cuts made financing more accessible

Why are paddy and maize acreages seeing a big jump this kharif?

Better prices above MSP, coupled with demand from ethanol producers for their fuel-blending programme, are pushing the popularity of maize

Jaguar, Corus, Tetley: A look at Tata Group's biggest global acquisitions

The acquisitions of Tetley Tea, Corus Group, and Jaguar and Land Rover marked the salt-to-steel conglomerate's aggressive expansion streak in the 2000's

Demand to drive gems & jewellery growth as exports slow: Crisil SME tracker

This highly fragmented and labour-intensive industry is characterised by low capital intensity and high reliance on imported inputs, such as gold and rough diamonds

Trump hints at 20-25% tariffs on Indian goods, says deal not final yet

As India and the US race to finalise a trade deal by August 1, Trump warned that tariffs on Indian exports could go up to 25%. However, he added that no final decision had been made

IMF raises India's GDP growth projection by 20 bps to 6.4% for FY26

IMF revises India's FY26 GDP growth to 6.4%, citing a favourable external environment; global growth also projected higher for 2025 and 2026

Four PSBs seek 1-year extension to comply with shareholding norms

As per SEBI norms, listed entities must reduce promoter shareholding to 75 per cent

India may pay 20% to 25% tariff but not yet final, says Donald Trump

India has been a good friend, but India has charged basically more tariffs than almost any other country, said Donald Trump

India's top 18 states' revenues to grow 7-9% in FY26, says Crisil report

Crisil forecasts 7-9% revenue growth for India's top 18 states in FY26, driven by GST, liquor sales, and Centre support, with slower growth than the 10% decadal average

India buys record soyoil from China as prices fall below South America

India has imported a record 150,000 tonnes of soyoil from China, driven by steep discounts and faster shipping, as Chinese crushers seek to clear excess stock amid slowing domestic demand

Urban projects expand, but private investment continues to remain elusive

Despite the clear pace of growth of cities in India, the ability of the city managers to track private investment is slow

India's trade talks with the US face new test as EU deal shows major gaps

As the White House and European Commission offer starkly different versions of their trade pact, it gives India's negotiators ample reason to be alarmed

Why are GCCs in India, touted as the next big thing, in a tax tangle?

The key problem, say tax experts, lies in the classification of GCCS and what they do: while tax authorities look at the share of operational work done in India

India's household consumption set to pick up in 2-3 quarters: Report

There is a "divide" within rural consumption wherein the demand for mass-market products is muted while premium categories continue to grow, the report said

India-UK trade deal: Navigating through worldwide economic chaos

The India-UK trade deal is a balanced and comprehensive agreement expected to create millions of jobs and open vast opportunities for bilateral trade and investment, benefiting both nations