Page 166 - Economy

Early monsoon rains boost hopes of record grain harvest in India

With rains arriving ahead of schedule in many regions, farmers have been able to begin sowing earlier than usual, Farm Secretary Devesh Chaturvedi said

Trade conundrum with China: Cautious steps need of the hour, say experts

Over the last few years, India's exports to China have been contracting but imports have been on the rise

India-US interim trade deal nearly sealed after a week of intense talks

First tranche of bilateral trade pact likely in 2-3 days to avert higher US tariffs

Rupee strengthens on hopes of India-US trade deal, crude prices fall

The rupee rose to 85.19 against the US dollar as hopes of a trade deal between India and the US grew, while falling crude oil prices also supported the currency's gains

PM Modi's foreign tour aims to boost cooperation in critical minerals

Prime Minister Modi's foreign tour focuses on enhancing cooperation in critical minerals, with key visits to Ghana, Namibia, and Argentina, as India seeks to secure essential resources for its economy

New businesses drive services sector growth to 10-month high in June: PMI

Indian service providers end Q1 on a strong note, with output and new orders rising at the fastest pace since August 2024, supported by robust international sales & job creation, according to PMI data

Chhattisgarh govt unveils draft policy to boost logistics and exports

The move will particularly benefit farmers and forest-based producers in resource-rich regions such as Bastar and Surguj

Govt may allow GM animal-feed imports from US in proposed trade deal

Indian and US officials have been engaged in intense negotiations over last few days to iron out differences in a bid to secure a deal before a July 9 deadline

India may benefit from lower US tariffs than other APAC economies: Moody's

While negotiations will likely lead to some reduction in tariffs and other trade barriers on a bilateral basis, policy uncertainty is challenging investment decisions and disrupting trade

Rupee strengthens on hopes of India-US trade deal, crude prices fall

The rupee rose to 85.19 against the US dollar as hopes of a trade deal between India and the US grew, while falling crude oil prices also supported the currency's gains

Rupee strengthens on hopes of India-US trade deal, crude prices fall

The rupee rose to 85.19 against the US dollar as hopes of a trade deal between India and the US grew, while falling crude oil prices also supported the currency's gains

India's FY26 GDP growth likely to be 6.4-6.7% amid strong demand: CII

Addressing his first press conference after taking over as the CII president, Memani observed that factors including a good monsoon forecast, and enhanced liquidity emanating from the RBI's rate cut

India launches anti-dumping probe into paperboard imports from Indonesia

The product is used in the packaging of pharmaceuticals, FMCG products, food and beverages, electronics, high-end cosmetics, liquor, book covers, and publishing

June Services PMI touches 10-month high at 60.4 on sharp upturn in new biz

The seasonally adjusted HSBC India Services PMI Business Activity Index rose from 58.8 in May to 60.4 in June, driven by sharp upturn in new business orders

Tamil Nadu plans seafood exports of $5 bn, sets roadmap for blue economy

State has India's second-longest coastline but is seventh among seafood-exporting states

US, India push for trade deal after Trump strikes deal with Vietnam

The push comes as Trump announced an agreement with Vietnam that cuts US tariffs on many Vietnamese goods to 20 per cent from his previously threatened 46 per cent

India to pitch for preferential trade pact expansion with Mercosur nations

Mercosur is a Latin American trading bloc, with Argentina, Brazil, Uruguay, Paraguay as its members

Datanomics: Half the manufacturing segments still far from pre-Covid level

Wood and its products recorded a higher production level by 3.7 per cent in the first two months of FY 26 over the corresponding period of 2011-12 but it was below the 2019-20 level

Quad launches critical minerals push as PM eyes Latin America deals

Officials stated that increasing cooperation in critical minerals, including rare earth elements, will top his agenda during his discussions with respective leaders of at least four of these countries

Patchy rural recovery and a weak capex weigh on Q1 growth outlook

Urban demand continues to face headwinds and though rural demand is accelerating, it is still patchy, reckoned several economists