Page 226 - Economy
Few rice shipments to EU detected with Aflatoxin: Minister informs parl
India's rice exports to the EU have grown by 111 per cent between 2019 and 2023
 "Few rice shipments to EU detected with Aflatoxin: Minister informs parl")
Rupee gains as dollar drops to four-month low amid global uncertainty
Uncertainty about trade tariffs and their impact on the growth-inflation dynamic in the United States has sapped risk appetite from markets alongside a sharp selloff in US equities
 "Rupee gains as dollar drops to four-month low amid global uncertainty")
A booster shot: Biosimilars can greatly reduce India's healthcare costs
Biosimilars can not only reduce patients' financial burdens, but also encourage more people to go for early diagnosis and comprehensive treatment
 "A booster shot: Biosimilars can greatly reduce India's healthcare costs")
India's edible oil imports hit 4-year low due to depleting inventories
Lower-than-normal imports for the second straight month have depleted stocks in the world's biggest buyer of vegetable oils
 "India's edible oil imports hit 4-year low due to depleting inventories")
India, US to focus on mkt access, reducing tariff, non-tariff barriers: MoS
MoS Prasada also said that India continues to engage with the US to achieve enhancement and broadening of bilateral trade ties in a mutually beneficial and fair manner
 "India, US to focus on mkt access, reducing tariff, non-tariff barriers: MoS")
Mukesh Ambani's empire faces turbulence as US trade tariff risks mount
The concern in New Delhi is that any retaliatory trade action by Washington will cover broader ground than just India's massive tariffs
 "Mukesh Ambani's empire faces turbulence as US trade tariff risks mount")
No commitment to US on tariff cuts; deal negotiations on, says govt
Commerce, foreign secys brief House panel on current scenario
 "No commitment to US on tariff cuts; deal negotiations on, says govt")
Prices of veg, non-veg thali decline nearly 5% in February: Crisil
The report noted that the cost of a non-vegetarian thali was up by 6 per cent year-on-year, driven by an estimated 15 per cent year-on-year rise in broiler prices
 "Prices of veg, non-veg thali decline nearly 5% in February: Crisil")
MoSPI likely to include data on new activities in revised IIP series
Water collection, disposal likely to be included in series starting next Feb
 "MoSPI likely to include data on new activities in revised IIP series")
Datanomics: India needs to innovate, cut debt to become developed by 2047
From 2020-21 to 2024-25 (2020-2024 in case of the rest of the world), India's economic growth slowed to 5.4 per cent but was higher than any other major country including China
 "Datanomics: India needs to innovate, cut debt to become developed by 2047")
FM Sitharaman tables Manipur Budget with total expenditure of Rs 35K cr
The state, currently under President's rule, has seen an increase of 9 per cent in the total capital outlay to ₹7,773 crore over the current financial year ending March 2025
 "FM Sitharaman tables Manipur Budget with total expenditure of Rs 35K cr")
Govt seeks Parliament approval for Rs 51,000 crore extra cash outgo
Gross additional spending to be matched by savings of Rs 6.27 trillion
 "Govt seeks Parliament approval for Rs 51,000 crore extra cash outgo")
GST evasion of Rs 1.95 trn detected by CGST officers during April-January
As per the data shared in the Lok Sabha, the total number of GST evasion cases detected by central government officers in the last five years
 "GST evasion of Rs 1.95 trn detected by CGST officers during April-January")
Govt seeks Rs 51k cr cash outgo in second supplementary demand for grants
The central government seeks Parliament's approval for Rs 6.78 trillion in additional spending for FY25
 "Govt seeks Rs 51k cr cash outgo in second supplementary demand for grants")
India slaps anti-dumping duty on water treatment chemical from China, Japan
The decision follows recommendations from the Directorate General of Trade Remedies (DGTR), the commerce ministry's investigation arm
 "India slaps anti-dumping duty on water treatment chemical from China, Japan")
Trump's tariff threats may be good for India: Ex-RBI deputy Viral Acharya
Acharya, who was a deputy governor at the RBI between 2017 and 2019, said large firms that had benefited from the protectionist measures will initially lose some value, but the economy will benefit
 "Trump's tariff threats may be good for India: Ex-RBI deputy Viral Acharya")
Trump tariffs unlikely to impact rising Indian textile exports, say experts
In terms of tariffs on textiles and clothing, while India imposes a 10.4 per cent tariff on US imports, the tariff for Indian importers in the US is 9 per cent
 "Trump tariffs unlikely to impact rising Indian textile exports, say experts")
In last inflation print before MPC meet, February CPI likely near 4% goal
The RBI had projected the CPI inflation for the current financial year (FY25) at 4.8 per cent with the headline figure in March quarter remaining at 4.4 per cent
 "In last inflation print before MPC meet, February CPI likely near 4% goal")
India accelerates efforts to finalise bilateral trade deal with US
New Delhi working on ways to reduce average applied tariff
 "India accelerates efforts to finalise bilateral trade deal with US")
Statsguru: A shift from bank deposits to real estate and securities
It is high time to assess the preference of Indian households towards different investment streams as Trumponomics affects their valuation
 "Statsguru: A shift from bank deposits to real estate and securities")