Economy

US' 10% tariff to raise landed cost of Indian products, says FIEO

The United States has imposed a 10 per cent tariff on goods imported from India and 16 other countries as part of its efforts to combat the use of forced labour in the production of such items

Foreign firms rent 105 mn sq ft space since 2022 to establish GCCs in India

There were more than 2,100 GCCs in India at the end of 2025 and the number is projected to grow at over 4,000 centres by 2030, as per the report

Allowing Chinese firms in power bids to address supply gap: CEA official

CEA said the decision to allow four Chinese power equipment manufacturers to bid for projects was taken consciously to ease supply constraints in critical equipment

Half a lifetime after the 1991 reforms: Lotuses bloom in muddy waters

Thirty-five years after the 1991 reforms, India has grown dramatically but unfinished reforms, weak public services and job creation remain major challenges

US slaps 10% tariff on India under Sec 301 probe linked to forced labour

The new tariff announcement on Friday comes as Washington's baseline tariff of 10 per cent for all trading partners expires

July Flash PMI falls to 54.3 as private sector growth slows to 3-year low

The HSBC Flash India Composite PMI Output Index fell to 54.3 in July from 57.1 in June, marking the weakest expansion in private sector activity since March 2022

Quality control orders intended to achieve policy objectives: India at WTO

Commerce Secretary Rajesh Agarwal also said that India is committed to an open, transparent and predictable trade and investment regime

Trump imposes 10% tariff on Indian goods over forced labour concerns

Last month, when the US had proposed tariffs under Section 301 of the Trade Act, India was bracketed among countries attracting 12.5% levies

Datanomics: ULCA repeal alone no guarantee of manufacturing, infra boost

Repealing the Urban Land Ceiling Act may improve land availability, but manufacturing and infrastructure growth also depend on ease of doing business and broader reforms

Delaying reforms will hurt future of our youth: Montek Singh Ahluwalia

Montek Singh Ahluwalia says India needs a fresh reform roadmap, faster private investment and broader policy consensus to achieve the Viksit Bharat goal

Odisha seeks to become India's next diamond hub with dedicated policy

Odisha plans a dedicated gems and jewellery policy and park to capitalise on rising lab-grown diamond investments and build an integrated manufacturing ecosystem

India's silver imports slump as licensing curbs disrupt shipments

India imposed licensing requirements for silver imports in May to preserve foreign-exchange reserves, sending shipments plunging to an estimated 29 tonnes in June from 747 tonnes in January

Govt allows Amazon and Flipkart to build inventories for exports

The DPIIT said the restrictions on inventory-based e-commerce models would no longer apply where such entities deal exclusively in exports of goods manufactured or produced in India

HC stays CBDT circular denying tax relief to judges under new tax regime

The court said the issue requires detailed examination and directed the Income Tax Department not to process judges' returns under the disputed arrangement

RBI sees resilient economy despite West Asia conflict, monsoon concerns

Reserve Bank of India said the economy remains resilient, supported by healthy demand and strong industrial and services activity, while warning that the Iran war and a deficient monsoon pose risks

India and Myanmar deepen rare earths ties amid China supply concerns

India and Myanmar are strengthening cooperation on rare earths and critical minerals, as Centre seeks to diversify supplies of strategic resources dominated by China

Oil jumps over 2% to more than $95/barrel as conflict threatens transit

Brent crude climbed above $95 a barrel as US-Iran hostilities and Houthi threats to Red Sea shipping heightened fears of major oil supply disruptions

Foreign investors return shows renewed confidence in India: RBI bulletin

The central bank said resilient domestic activity, improving trade momentum and stronger foreign investment inflows point to a favourable outlook for the Indian economy

Unemployment among rural women at one-year high in June: Experts

Weak monsoon and delayed kharif sowing may have pushed rural women's unemployment to a one-year high in June despite higher labour force participation

Adverse developments in West Asia, US, Russia: India may be worst-hit

The legislation allows US President Donald Trump to impose tariffs of as much as 100 per cent on the top five purchasers of Russian oil and natural gas, essentially targeting China and India