Page 159 - Economy

Tiruppur's garment exports increase 12% in Q1 FY26 to ₹12,193 crore

Tiruppur's ready-made garment exports rose nearly 12 per cent in Q1 FY26 to Rs 12,193 crore, outpacing overall textile sector performance amid global headwinds

Are we ready to handle market manipulations in electricity derivatives?

Regulators must not only anticipate the nature of manipulative strategies but act decisively to prevent their execution

35% bank account holders in India had inactive accounts in 2021: World Bank

Nearly half of respondents with inactive accounts cited distance from financial institutions, lack of trust in financial institutions and no need for an account as reasons for having inactive accounts

India's Russian oil imports up slightly in January-June, shows data

India, the world's third-largest oil importer and consumer, received about 1.75 million barrels per day of Russian oil in January-June this year, up 1% from a year ago, the data showed

US will have Indonesia-type trade deal with India: Donald Trump

The Indian team is in Washington for the fifth round of negotiations for the proposed bilateral trade agreement

We will have access to India, says Trump after striking Indonesia deal

Trump announces full US market access and reduced tariff for Indonesia and says India is working along the same line in securing a trade deal

MCA's Version 3 portal sees smoother run after initial user glitches

Launched in January with 38 e-Forms, the MCA Version 3 portal is now seeing fewer login and filing issues, with ICAI support and gradual improvement in data retrieval

CPI inflation to average 4% in FY26, down from 4.6% in FY25: Crisil

Non-food inflation is expected to be subdued on the back of lower commodity prices, the report said

67% of Fortune Global 30 now run strategic GCCs in India, says ANSR report

ANSR report finds 174 Fortune 500 companies have over 390 GCCs in India employing 950,000 people, many of them leading AI, cybersecurity and global strategy

Ind, US inflation data hint downward bias on dollar-rupee forward premiums

India's retail inflation hit a six-year low in June, while US consumer prices rose at their fastest pace since February, with higher goods costs hinting at tariff effects

India, Asean drift apart as Trump tariffs strain trade ties and trust

Trump might be the immediate cause of this rift, but, as always, China's massive manufacturing overcapacity is at the heart of the problem

Maritime incidents involving India and its seafarers rose 22% in 2024

According to India's shipping regulator Directorate General (DG) of Shipping, the incidents resulted in 83 deaths and 61 injuries

Isma urges Centre to ban ethanol imports, flags ₹40,000 crore risk

Ethanol blending in petrol has reached 19 per cent and is on track to meet the 20 per cent target by the 2024-25 supply year

Mixed trajectory: India's June exports shrink but shipments to US zoom

Indian exporters currently bear a 10 per cent baseline tariff, after the US administration temporarily paused the 26 per cent reciprocal tariff on India

India, Asean expect 'some conclusion' in FTA review by October-end

Both sides are also discussing matters pertaining to technical cooperation, sanitary and phyto-sanitary measures and technical barriers to trade collaborations

Datanomics: India EV penetration subdued even as biggies enter market

According to the data from Federation of Automobile Dealers Association (FADA), the EV penetration in India was just 7.8 per cent in FY25, marginally up from 7.1 per cent in FY24

Levy of 28% GST on online money gaming flawed, firms tell Supreme Court

The senior advocate contended that attempts to tax actionable claims like betting and gambling as "goods" by amending the Goods Rate Notification were also flawed

Flash floods: Is India ready with an early disaster warning system?

A lack of coordination means the IMD, the NDMA, and different state governments must interact with each other to ensure warnings are sent out in time

140,000 Jan Dhan accounts opened in two weeks under PMJDY drive: FinMin

Nearly 140,000 new Jan Dhan accounts have been opened and more than 540,000 new enrolments have been recorded under three Jan Suraksha Schemes in the past fortnight

India's exports to US jump 23.5% in June; imports fall over 10%

During April-June, the country's exports to the US increased by 22.18 per cent to $25.51 billion, while imports rose 11.68 per cent to $12.86 billion