Page 199 - Economy

Expect India to strike first trade pact: US Treasury Secy Scott Bessent

Trump said India may reduce its high tariffs as part of the bilateral deal

Delhi's minimum wage for workers highest among neighbouring states

A Business Standard analysis shows that an unskilled worker earns ₹10,994 and ₹11,257 in Uttar Pradesh and Haryana respectively, while a skilled worker gets ₹13,546 and ₹14,367 respectively

India, South Africa discuss preferential trade pact through SACU bloc

SACU nations include South Africa, Namibia, Botswana, Lesotho and Eswatini and is the world's oldest customs union, over a century old

Private investment in India is still a worry: IMF's Krishna Srinivasan

The IMF on Tuesday pared down its FY26 growth forecast for India by 30 basis points to 6.2 per cent, citing escalating trade tensions and global uncertainty in its latest World Economic Outlook

US economy likely to slow sharply amid trade tariff hikes, says Nomura

The US growth is going to slow quite sharply, close to recession, says Robert Subbaraman

Datanomics: Terror attack casts shadow on tourism sector of Jammu & Kashmir

As many as 23.6 million tourists visited the UT in 2024, double the number in 2021. This enthusiasm may be broken, at least for a while, by the militant attack on Tuesday

UP to promote manufacturing, preparing policy for Rs 5 trn annual exports

Policy expected to provide Rs 10 crore as capital subsidy to investors: Official

India likely to secure first trade deal amid US tariff push: Treasury Secy

India is on the brink of becoming the first nation to clinch a trade pact with the US, potentially dodging Trump's steep 26 per cent tariff and deepening economic ties

RBI MPC minutes: Members see need to support growth on benign inflation

The MPC decided to cut the policy repo rate by 25 basis points earlier this month, after reducing the rate by a similar magnitude in the February meeting

Private sector business activity rises to 8-month high in April: PMI data

'Buoyant' international demand for goods and services prompts companies to hire additional staff

Caste Census debate: Data gaps, political risks, and social equity

A matter of confidentiality, reporting bias, and political ramifications

Tamil Nadu claims 41% share as electronics exports surge 53 % to new high

In the previous financial year (FY 202324), Tamil Nadu recorded $9.56 billion in electronics expost, Rajaa said in a social media post

Tamil Nadu tops electronics exports driven by Apple; up 53% in FY25

This comes after the state posted a 78 per cent increase in exports last year, from $5.37 billion in 2022-23

World Bank trims India's FY26 growth forecast to 6.3% amid uncertainty

Lowers South Asia's FY25 outlook and urges region's nations to carry out reforms and revenue mobilisation

Saudi to invest in 2 refineries in India; strengthen crude oil, LPG supply

Both nations to collaborate on India's Strategic Petroleum Reserve, expand talks on green hydrogen

US tariffs may cut India GDP by up to 0.5% points, says finance secy

He added that he expected potential growth rate of around 7% could be achieved over the next decade, though India needed to expand its economy

Jharkhand achieves over 86% revenue collection target in FY25: Minister

Including non-tax receipts, the overall collection reached Rs 1,03,469.82 crore against a target of Rs 1,28,900 crore, he said

Making PPPs work for metro-rails: Early land acquisition is non-negotiable

Delays in land acquisition, unclear contracts, and weak last-mile links have led to cost overruns and low ridership in PPP metro-rail projects, undermining their efficiency and financial viability

Rate cut will boost private consumption, investment, says RBI Guv Malhotra

Governor Malhotra-headed Monetary Policy Committee (MPC) had reduced the short-term lending rate by 25 basis points to 6 per cent on April 9. A similar reduction was done in February

India to remain fastest growing even as FY26 GDP forecast cut to 6.2-6.7%

India is expected to grow in the range of 6.2-6.7 per cent in the current fiscal, despite the possibility of the US economy slipping into recession