Page 69 - Economy

Canada eyes decade-long $2.8 bn uranium pact with India as ties improve

Canada's proposed agreement to supply uranium to India is expected to run for a decade, valued at $2.8 billion. The arrangement is likely to form part of a wider framework for nuclear cooperation

India's economy grew at 7.3% in Q2 on rural and govt spending boost: Poll

India remains one of the world's fastest-growing major economies in the face of US President Donald Trump raising tariffs on Indian goods to 50 per cent in August

What India can do to address its low-inflation problem and aid growth

Traders attributed at least part of the slide to the RBI's reluctance to intervene, breaking with the practice of recent months as the currency weakened largely due to an elusive trade deal with US

Ottawa working fast to advance trade deal with India: Canada FM Anita Anand

Relations between Canada and India have been strained since Canadian police accused New Delhi of playing a role in the June 2023 assassination of a Canadian Sikh activist near Vancouver

RBI net sells $21.7 billion in H1FY26, against $85.11 billion in H1FY25

During the current financial year, the RBI was a net buyer of the greenback only in May, while it remained a net seller in the other five months

Exports and domestic demand to drive steady growth for pharma SMEs in FY26

Rising US and EU demand is set to drive SME-led growth, though tougher compliance rules may test smaller firms

Datanomics: India's nominal GDP growth rate likely to remain subdued

Lower deflators are expected to lift real growth again, offsetting weak corporate numbers and muted nominal expansion

India's marine product exports rise 16% as new markets offset US dip

Shrimp-heavy shipments to China, Vietnam, and Europe help country log $4.87 bn in Apr-Oct

Economy picked up steam in Oct on GST rejig, festival spends: RBI bulletin

Measures undertaken this yr pave way for virtuous cycle

GST fast-track registration scheme triggers spike in automatic approvals

142,000 applications cleared in 15 days

Lower GST rates to spur consumption and drive growth:  S&P Global

"If India can secure a trade agreement with the US, it will reduce uncertainty and enhance confidence, which would boost labour-intensive sectors," the report added

Outward remittances under LRS grew marginally in September: RBI data

Outbound remittances rose slightly to $2.78 bn, even as H1 outflows stayed lower due to weaker education and family transfers

India and Canada to reboot trade deal negotiations after 2 years

Govt calls for deeper ties in critical minerals and N-power

Coverage under QCO is not enough to make an item 'restricted' under FTP

Relaxation covers exports still within 15 months as of Nov 13, 2025; FTP rules clarify quality-control imports, re-exports and refunds

India, EU set to firm up FTA, strategic agenda at summit on Jan 27

In September, Prime Minister Narendra Modi and European Commission President Ursula von der Leyen reaffirmed their commitment to finalise the trade deal by December

Net FDI to India doubles to $7.64 bn in April-September, shows RBI data

RBI data shows stronger gross inflows and lower repatriation lifted net FDI in Apr-Sep, even as September saw higher outward investment pushing net flows into the red

India's pvt corporate sector posts stronger sales growth in Q2FY26: RBI

The assessment is based on abridged financial results of 3,118 listed non-government, non-financial firms.

Rupee recovers as RBI intervention cools pressure from strong US dollar

The rupee clawed back some losses after the RBI intervened heavily in spot and NDF markets, helping arrest its slide toward 90 per dollar even as global dollar strength

Ayodhya's tourism economy likely to generate ₹18,000 crore by 2028

Currently, the city's tourism sector generates between ₹8,000 crore and ₹12,500 crore annually spanning the hospitality, transport, retail, and services sectors

India's finished steel imports in April-October down 34%, shows govt data

India, the world's second-biggest crude steel producer, imported 3.8 million metric tons of finished steel during April-October and was a net importer of the alloy, the data showed