Page 186 - Economy

India better placed than peers to weather US tariffs: Moody's Ratings

Moody's says India's robust internal growth, limited trade reliance and rising investments help buffer economic risks from US tariffs and global uncertainties

Why did US reject 25 MT of mangoes? India alleges inspection lapse

India alleges US inspectors bypassed protocol during mango inspections, leading to destruction of 25 MT fruit and loss of $500,000 for exporters

Nearly half of Indian consumers polled switching to private labels: EY

The report said the growing preference for private label products is transforming consumer perceptions, positioning store brands as the favoured alternative to traditional branded options

IMF's Gita Gopinath says US needs to curb fiscal deficit, fix debt burden

Gopinath's remarks follow Moody's downgrade of the US credit rating and highlight rising debt, tax cuts and persistent trade uncertainty under Trump

India well-positioned to deal with negative effects of US tariffs: Moody's

Easing inflation offers the potential for interest rate cuts to further support the economy, even as the banking sector's liquidity facilitates lending

Proposals worth ₹1 trillion investment get Maharashtra cabinet nod

The Maharashtra cabinet has cleared 325 industrial proposals worth over ₹1 trillion, expected to create more than 93,000 jobs across electronics, defence, and other sectors

Govt likely to amend IBC to scrap prior CCI nod for insolvency bids

Experts feel a clarity by the government on this matter would bring relief to bidders who were concerned about approaching CCI before the CoC approval

Not a dream, a destination: Building the new Bharat with power of the sun

The truth: Solar already powers metro trains, steel plants, and data centres. And it creates more jobs per megawatt than coal ever did

Vedanta Chairman Agarwal calls for safeguard duty on aluminium imports

Vedanta Chairman Anil Agarwal urged the government to impose a safeguard duty on aluminium imports, citing the metal's strategic role and rising global trade tensions

Retail inflation for farm and rural workers eases marginally in April

The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) increased by 1 point each in April 2025 to stand at 1307 and 1320 points, respectively, a govt said

Centre to expand area under DSR rice to 40% by 2030, solution in the weeds

Weed management remains the biggest challenge in the adoption of the direct seeded rice method; to counter this, popularisation of herbicide-resistant rice is critical, say experts

MCA aims to complete Gensol Engineering probe in three to five months

Authorities including NFRA and ICAI are examining Gensol's books and audit trail; SFIO probe likely if MCA finds sufficient evidence of fund diversion

Andean aspirations: Why is India cosying up to Chile for a trade deal?

While both sides have shared trade interests such as agricultural products and services, the elephant in the room is Chiles expansive reserves of critical minerals, key among them being lithium

Statsguru: India's GDP growth may miss govt estimate; IIP data fuels doubt

The government's final consumption expenditure provided a temporary lift to the economy in Q2FY24 but it has since faded sharply, even registering a decline in Q1FY25

Govt tightens gold import rules, plugs Dubai route misuse under CEPA

Only authorised importers can now bring gold or silver under India-UAE CEPA; new codes introduced to curb gold misdeclared as platinum to avoid higher duties

UK FTA: India may leave Pakistan, Türkiye behind in textile exports

India's apparel and home textiles shipments to the UK attract an 8-12 per cent import duty, that would be scrapped under the FTA expected to come into force in calendar year 2026

16th Finance Commission will submit report to Centre by Oct 31: Chairman

The chairman praised Uttarakhand for moving ahead rapidly on the development front and said that in view of the difficult geographical conditions

Trade talks: India to push US to lift non-tariff curbs for goods exporters

The official said industry has raised regulatory hurdles and high cost of certification among other issues in the US as primary obstacles to increasing exports to the US

Datanomics: Remittance tax in Donald Trump's 'Big, Beautiful Bill'

US remittance Bill: Cost of sending money to India to shoot up to 9%

Registered households under MGNREGA grew 8.6% in FY25: Report

The report, 'The Missing Work: A National Review of MGNREGA Implementation,' compiled by LibTech India is based on government data as of April 7