Page 4 - Economy

High supply leads to dip in potato prices, farmers struggle to recover cost

Market participants attribute the steep fall primarily to old stocks still lying in cold storage in large quantities, even as fresh arrivals gather pace, along with expectation of bumper crop this yr

MEA calls Howard Lutnick's remarks on India-US trade deal delay inaccurate

Modi, Trump spoke over phone on eight occasions, says MEA

Datanomics: India may not surpass Japan as 4th-largest economy in FY26

India's economy is growing faster than peers, but a weakening rupee may delay its move past Japan to become the world's fourth-largest in dollar terms

Fiscal prudence restoring room for counter-cyclical policy: Shaktikanta Das

India's fiscal discipline and multiple structural strengths are creating a powerful growth multiplier, restoring policy headroom and boosting global confidence, says Shaktikanta Das

Indian economy resilient despite global challenges: Shaktikanta Das

India's economy remains resilient despite geopolitical headwinds and trade barriers, with real gross domestic product projected to grow 7.4 per cent in FY26, the principal secretary to the PM said

India missed trade deal window as PM Modi did not call Trump: Lutnick

India missed a crucial trade deal window with the US after PM Modi did not call President Trump, pushing New Delhi further back as Washington signed pacts with other countries

RBI should hold rates as growth is strong, inflation remains low: PwC

The Reserve Bank is unlikely to cut key policy rate in the next Monetary Policy Committee (MPC) meeting next month, said PwC Partner and Economic Advisory Services leader Ranen Banerjee

India, EU hold FTA talks, reaffirm commitment to protect farmers, MSMEs

Commerce and Industry Minister Piyush Goyal has held high-level talks with EU Trade and Economic Security Commissioner Maros Sefcovic for securing a mutually beneficial FTA

India's exports to China jump 33% to $12.22 billion during April-November

The export increase was driven by products such as oil meals, marine products, telecom instruments and spices, the data showed

FTA: India, EU should find convergence on sustainability chapter, NTBs

The two sides need to move little beyond their defined negotiating stance on investment treaty, subjects like agriculture, digital trade, IPR and ensure conclusion of the much awaited trade agreement

Modi didn't call Trump: Lutnick on why India-US trade deal didn't happen

US Commerce Secretary Howard Lutnick also added that the US had expected the trade deal with India to be closed before others

India consumer price inflation likely rose to 1.50% in December

Core inflation, excluding food and fuel components, likely edged up to 4.53 per cent in December from an estimated 4.2 per cent-4.3 per cent in Nov, ‍partly due to a 7 per cent rally in gold prices

India's economy likely to grow 6.6% in FY27 despite higher US tariffs: UN

The statistics ministry on Wednesday estimated the economy to grow 7.4 per cent in 2025-26

India likely to face 500% US tariff over purchase of Russian oil

Trump backs Bill aimed at punishing countries buying Russian crude

Uttar Pradesh govt announces sops for GCCs and semiconductor plants

Uttar Pradesh unveils fresh incentives for GCCs and large semiconductor projects to boost FDI and advance its $1 trillion economy ambition

Reserve Bank of India mulls fresh steps to provide relief to exporters

Earlier this week, US President Donald Trump warned that tariffs could rise further unless India curbs its Russian oil imports, escalating the pressure as trade talks between the two countries drag on

Farmers' income has more than doubled during Modi years, shows new paper

Study by a NITI Aayog member reveals income jumped 126% between 2014-15 and 2023-24, surpassing the target set by the Modi government

FY27 fiscal deficit likely to overshoot target to touch 4.6%: BMI

BMI said that the fresh spending needs would not necessarily entail greater public deficits if the government could generate more revenue

India's GDP to grow by 7.5% in FY26 with upside bias, says SBI report

The gross value added (GVA) growth is estimated at 7.3 per cent and nominal GDP expansion at 8 per cent

Finmin plans to scrap curbs on Chinese firms bidding for govt contracts

The measures imposed in 2020 effectively barred Chinese firms from competing for Indian government contracts that were estimated to be worth $700 billion to $750 billion