Page 215 - Economy

Cargo at state-owned ports grew by 4.4% to 855 mmt in FY25, shows data

According to the provisional data, Deendayal Port or Kandla Port and Paradip Port in Odisha handled the highest cargo out of all major ports at 150 mmt each

Government approves export of key commodities to Maldives for 2025-26

Items which are restricted or prohibited will be allowed only through the six designated customs ports including Mundra, Tuticorin, and Kandla

98.2% of ₹2000 notes back in system, Rs 6.3K cr worth notes still out: RBI

Since October 9, 2023, RBI issue offices are also accepting Rs 2000 banknotes from individuals and entities for deposit into their bank accounts

M&A 2.0: Can a new mergers playbook simplify the dealmaking process?

The existing rulebook is strewn with regulatory roadblocks, making mergers and acquisitions, especially for smaller companies and listed entities a burdensome process

Capex not cut, states got Rs 1.46 trn special assistance in FY25: FM

Sitharaman said that state governments have requested for continuing the scheme and enhancing the outlay for the scheme from time to time. In FY25, a total of Rs 1,53,673 crore was earmarked for this

Datanomics: Religious sites drive tourism, boost jobs and revenues

According to the recent Ministry of Tourism data, religious tourism witnessed 1,439 million tourists in 2022, generating ₹1.34 trillion in revenue

Govt presses on policy to shield local industries amid Trump tariffs threat

Jitin Prasada's reply in Parliament comes just a day before US President Donald Trump's proposed reciprocal tariffs come into effect

India must assess each demand of US through lens of its priorities: GTRI

The USTR's report highlights several trade and regulatory challenges between the US and India

USTR flags barriers for med device export to India ahead of Apr 2 deadline

Move comes even as domestic medtech manufacturers lobby asked GOI to work towards a fair deal

India's forex reserves strong, can cover 11 months of imports: Sitharaman

Nirmala Sitharaman's remarks came after several opposition members raised concerns about the country's financial position, particularly regarding fluctuations in forex reserves

India's growth to be highest among advanced, emerging G20 nations: Moody's

In its report on emerging markets, Moody's said such economies are exposed to choppy waters from the churn of US policies

US trade panel flags India's high tariffs ahead of April 2 'Liberation Day'

The 2025 National Trade Estimate (NTE) report, released on Monday, details how India's tariff and non-tariff policies remain among the most restrictive in major global economies

Trump's Russian oil threat pushes Indian refiners to seek alternatives

Trump raised the prospect of so-called secondary tariffs on buyers of Russian oil if President Vladimir Putin refused a ceasefire with Ukraine

After nearly 4 decades, govt to revise farm and rural inflation gauges

The Labour Bureau has constituted an expert committee, chaired by National Statistical Commission member Asit Kumar Sadhu, to shift the base year from 1986-87 to the 2024-25 agricultural year

Officials cautious as US Prez Trump warns of secondary levy on Russian oil

Recently, Trump announced a 25 per cent blanket tariff on any nation purchasing oil and gas from Venezuela, effective April 2

Reciprocal tariffs will apply to all countries: US President Donald Trump

He, however, promises to be 'much more generous'

Tariff war clouds India's growth outlook, but fundamentals stay strong

However, economists say country's strong fundamentals, lower inflation hold hope

India crude imports hit record on Russian rebound, US oil, price dip

India imported 1.91 million bpd of Russian crude in March, 30 per cent higher than in February and flat from a year earlier

No quick fix for India to ramp up US energy imports amid tariff threat

The attrition in US energy flows to India comes even as the US announced a 25% tariff on automobile, and proposed to impose a reciprocal tariff on Indian products from April 2

Remittance to foreign print media for ads allowed from EEFC account

Rajagopalan answers SME queries related to GST, export and import matters