Page 193 - Economy

UK unveils historic US trade deal at Tata Motors' Jaguar Land Rover factory

We are the first country to secure such a deal with the United States and in an era with global insecurity and instability that is so important, said Starmer

Centre closely monitoring food prices amid India-Pakistan tensions

The government won't hesitate to invoke the provisions of Essential Commodities Act, 1955 to check speculative activities, hoarding and black marketing, a senior official said

Bank of England cuts main interest rate by 0.25% amid US tariff uncertainty

Bank Governor Andrew Bailey said inflationary pressures have continued to ease, paving the way for the fourth quarter-point rate cut since August

Attracting FIIs & FPIs - balance regulations with ease of doing business

India's record GST collections and rising domestic investments highlight economic resilience, while SEBI's evolving FPI norms aim to balance transparency, compliance, and investor confidence

India-Pakistan hostilities raise credit risks for both nations: S&P

S&P, which rates India and Pakistan at 'BBB-' with a positive outlook and a 'CCC+' (outlook stable), said that in the current scenario, it does not see any immediate impact on sovereign credit rating

Jaguar Land Rover, Diageo among winners as UK-India sign model trade deal

Free Trade Agreement announced after three years of negotiations, will make it cheaper for UK firms to sell their whiskeys, cars, auto parts, cosmetics, biscuits, clothes and electrical machinery

India-UK trade deal signals that globalisation momentum remains strong

This agreement clearly reflects the importance of political momentum and compromise

UK trade deal likely to serve as model for India's FTAs with EU, US

The long-pending deal with the UK was finalised on Tuesday

Since Covid-19 pandemic, around half a million trusts added to PAN data

Allotments to trusts rose from 847,834 in 2019 to 1.3 million as of March 2025, show statistics from the Income Tax Department, released earlier in April

India grants UK access to £38 bn Indian procurement market under FTA

India grants legally guaranteed access to UK firms for 40,000 tenders annually under FTA, offering preferential status in government procurement

US could be on losing side in the test of wills with China: Claude Smadja

There are limits to India-EU FTA, EU lobbies want protection, don't think will meet the timeline

Cost of home-cooked thalis declines in April as food prices cool

Vegetarian and non-vegetarian thalis became cheaper in April due to lower prices of onion, potato and broiler, although oil and LPG costs curtailed a deeper drop

India's meat, shrimp exporters hope for new markets with India-UK FTA

Indian exporters expect a rise in meat, shrimp, and spirits demand in the UK as tariff removal under the Free Trade Agreement opens access to South-East Asian diaspora

India-Pakistan tensions could strain fiscal deficit if conflict escalates

Economists say India's fiscal deficit may widen if tensions with Pakistan persist, although the broader economic impact is expected to be limited if conflict remains contained

Bombay HC grants interim relief in GST dispute over development rights

Bombay High Court restrains GST authorities from acting on 18 per cent tax demand for development rights, saying TDR may qualify as sale of land exempt from GST

FTA with UK to help double garment exports to Britain in 3 years: AEPC

India is the fourth largest supplier of garments with a 6.1 per cent share of the total RMG import of the UK

UK access to India's procurement may hurt MSMEs, Make in India, warns GTRI

After the UAE, India has opened its central government procurement (GP) for British companies under the free trade agreement (FTA) announced on Tuesday, subject to certain conditions

India opens central govt procurement to UK firms under new trade pact

The official said British firms would be allowed to participate in the procurement of goods and services of the non-sensitive central-level entities only

UK dismisses idea that British workers being 'sold out' in India trade deal

British opposition parties accused the government of signing up to a deal that would unfairly benefit India

No duty cuts by India on diamond, smartphones, fibres in UK trade pact

India seals FTA with UK but keeps duty shield on EVs, smartphones, diamonds, and other key goods to protect domestic industry and manufacturing base