Page 202 - Economy

Sitharaman to assess RRB consolidation as 'One state-one RRB' takes effect

According to sources, the Finance Minister is scheduled to hold a meeting with RRBs and review various issues including consolidation

Pest and disease attacks on crops rising due to climate change: Scientist

Prasanna talks about some of the challenges that climate change poses to agriculture and ways to handle them

China's fiscal revenue falls 1.1% in Jan-Mar 2025 amid ongoing tariff war

China's tax revenue fell 3.5% in the first quarter from the previous year, while non-tax revenue surged 8.8%, the ministry said

Oilmeals export dip 21% to Rs 12,171 cr in FY25; volume falls 11%

Bangladesh in spite of political turbulences become a largest importer of Indian oilmeals. India exported 7.42 lakh tonnes to Bangladesh in 2024-25

DGTR issues final findings in 13 anti-dumping cases mostly against China

The ministry also said that in addition to this, the Directorate General of Trade Remedies (DGTR) has started 11 investigations in March

India plans to set new nuclear regulator amid the entry of private sector

Amendments to the Atomic Energy Act are in progress to enable private sector involvement in nuclear energy sector, with strict oversight on the import, use, and disposal of nuclear fuel

India to navigate global disruptions with policy agility: FM Sitharaman

Speaking at the 150th anniversary celebration of the BSE, Sitharaman acknowledged the risks posed by "tariff wars" but expressed confidence in India's resilient economy

Retail inflation at 6-year low a result of govt efforts: Finance ministry

It said that this trajectory underscored the country's resilience and commitment to ensuring price stability without compromising on development goals

Hike minimum pension under EPS, complete evaluation by 2025: Panel

The EPS, which came into effect in November 1995, is administered by the Employees' Provident Fund Organisation

DBT saves ₹3.48 trillion, reshapes India's welfare delivery system : Report

With cumulative savings of Rs 3.48 lakh crore, DBT has drastically reduced leakages, curbing the misuse of funds that previously plagued welfare programs

India to send delegation to US next week for key bilateral trade talks

India's chief negotiator, Additional Secretary in the Department of Commerce Rajesh Agrawal is expected to lead the team for the first in-person talks between the two countries

India bets on policy agility to beat global supply chain woes: Sitharaman

The finance minister praised the resilience of India's financial markets amid global uncertainties and commended the growing confidence of retail investors

Rupee faces more pressure as weakening yuan raises depreciation risks

The Reserve Bank of India was ready to let the rupee weaken in line with the yuan after Donald Trump won US elections last year. The yuan has declined about 0.6 per cent against the dollar this month

Fitch cuts India's GDP projection by 10 bps to 6.4% as trade war escalates

Fitch says, excluding the pandemic, world growth rate to be the weakest since 2009

Indian economy to surpass Germany, Japan in 3 years: NITI Aayog CEO

Subrahmanyam further said India can become an education hub for the world as the single biggest advantage it has, keeping all other things aside, is its democracy

Shrimp exporters seek govt help ahead of US duty review on shipments

The exporters said that the formula of the US to calculate these duties is incorrect, and the Indian government should take up the issues with them bilaterally,

Indian exporters should temper euro, pound hedges as dollar faces pressure

With the dollar under pressure from tariff-driven outflows, downgraded US growth forecasts and shifting investor outlook, forex strategists are encouraging exporters to reassess their hedging strategy

Fitch cuts India growth estimates to 6.4% amid ongoing global trade war

Fitch also cut the world growth projections in 2025 by 0.4 percentage points and China and US growth by 0.5 percentage points

India set to become trusted bridge of connectivity via IMEC: Piyush Goyal

Goyal said that the IMEC is a powerful endorsement of the leadership and partnership of India, Middle East and East Europe

US cotton exports to India rise on lower prices, tariff uncertainties

Exports to India from February to April jumped to 155,260 running bales, from 25,901 shipped during a year ago period