Page 90 - Economy

Raising energy purchases from the US hinges on prices, say analysts

Experts say US grades face logistical, economic, and compatibility challenges with Indian refinery configurations

India must fire on all cylinders to reach Viksit Bharat goal: IMF

Krishna Srinivasan urges structural reforms, trade liberalisation, and deeper global integration

Continuing to engage with China on supply of rare-earth elements: MEA

Recently, China sought guarantees from India that the rare earth elements supplied by it will not be re-exported to the US, and will be used to meet only local needs

Uttar Pradesh govt pitching for investments in textile, auto sectors

Other sectors the government is working on include electric mobility, chemicals, electronics, services, for which it is eyeing big private investments

Still dreaming of the deep sea: India's blue economy and its blind spots

If India truly has such promise in the deep sea, why has modern fishing there never taken off?

Refiners likely to buy more US LPG in 2026, cut Middle East imports

The state refiners have already informed their traditional suppliers of LPG in Saudi Arabia, United Arab Emirates, Kuwait and Qatar about the likely cut in LPG purchases

MRPL seeks cheaper oil amid US pressure, hopes to keep buying Russian crude

Russian oil accounted for about 35 per cent to 40 per cent of MRPL's overall oil imports in the September quarter

Refiners likely to cut Russian oil imports following Trump's claim

US President Donald Trump on Wednesday said Prime Minister Narendra Modi had assured that India will stop buying oil from Russia

UK slaps 90 sanctions on Russian firms, Nayara Energy to curb Kremlin funds

The UK government has imposed sanctions to cut Russian oil revenues, targeting Putin's war funding and aiming to block money flowing to the Kremlin

RBI doesn't target any specific level of rupee: RBI Gov Sanjay Malhotra

Inflation targeting framework improved credibility, transparency of monetary policy

Trade deficit hits 13-month high as US exports fall 12%, gold imports surge

The surge in inbound shipments in September was led by a 107 per cent jump in gold imports to $9.6 billion

Jobless rate inched up to 5.2% in Sep, rural saw sharp rise: PLFS

The headline unemployment rate for people of age 15 years and above in the current weekly status (CWS) terms for rural areas rose to 4.6 per cent in September from 4.3 per cent in August

India's overseas investments decline in August as US tariffs kicked in

Experts have said that the dip in August could be due to the uncertainty in the global economic scenario after the US tariffs

MPC Minutes: Members see scope for more rate cuts, await full impact

MPC members see room for easing as inflation cools, but hold rates steady to gauge the full impact of earlier policy steps

Mumbai's Bandra Bay to unlock ₹1 trillion in luxury real estate potential

A report projects 8 million sq ft of luxury waterfront development worth ₹1 trillion near BKC, with leading developers including Adani Realty and Hiranandani on board

Rupee hits best day since June, gain 0.7% on RBI action and global cues

The rupee appreciated by 0.7 per cent to settle at 88.07 per dollar, against the previous close of 88.80 per dollar. The domestic currency appreciated beyond 88 per dollar mark

India keen to raise energy purchases from US for 'win-win' trade deal

"Our negotiating team is already in the US, and (they are) trying to see if we can have a win-win solution between the two sides, which can address some of these tariff issues," he told reporters

Policy space exists for further rate cut: RBI Guv at MPC meeting

During the meeting, Malhotra said the benign outlook for headline and core inflation as a result of the downward revision of projections opens up policy space to further support growth

India's exports up 6.74% in September, trade deficit stood at $32.1 bn

In April-September this fiscal, exports increased by 3.02% to $ 220.12 billion. Imports rose 4.53% to $375.11 billion, the commerce ministry data showed

Govt scraps tax exemption on imports of missile parts amid Adani prob

In September, the government said it would free up all such parts, whether for long- or short-range missiles, from import taxes, in a boost for defence companies