Page 21 - Indian Economy

Centre to intensify advance-level exploration of critical mineral blocks

The government is also planning to launch a single-window clearance portal for mining projects by December, which will expedite the mining project execution, including that of critical minerals

Textiles face tariff turmoil amid US-China tensions and India's woes

According to the respondents, buyers in US are asking for up to 30 per cent discounts

High-voltage reforms: Draft power law could be a game changer for sector

Most significantly, the amendments propose to allow distribution licensees to supply power through shared networks.

Institute Cargo Clauses (A) cover general average and salvage charges

Trade expert cites FTP Para 1.08 and CBIC circulars requiring that export consignments not be detained beyond three days, and clarifies documentation norms under the Advance Authorisation scheme

Explained: How digital payments are fuelling India's economic growth

Govt plans to introduce biometric authentication for UPI payments, but what exactly is a digital payment system and why is it important for the Indian economy?

Slow bidding for renewable energy projects threatens climate goals

A capacity of around 40.2 Gw was auctioned in FY25, following a record 47.3 Gw in FY24, according to Icra Research, based on government data

Tea sector grappling with acute financial stress: ITA Chairman Bangur

With prices down and costs up, ITA's Hemant Bangur warns of viability risks for tea estates and urges a minimum sustainable price to stabilise the sector

India's urban crisis demands urgent and coordinated city governance

From clogged drains to toxic air, India's cities face rising threats. Smarter planning and citizen engagement are key to recovery

Deregulation is flavour of the season, but caution needed in banking

Deregulation in the economy in general is a good thing. There is always a case for visiting regulations that have outlived their rationale and cramp business activity

India inks critical mineral, climate change and defence deals with UK

Modi, Starmer seek to build on FTA signed in July 24

SoftBank-backed Graphcore to invest £1 bn in India, open AI chip hub

The British AI chipmaker will open an engineering centre in Bengaluru and create 500 semiconductor jobs as part of a £1 billion investment plan over the next decade

India's digital stack a ray of hope for Global South: PM Narendra Modi

Modi said that the UK-India Fintech Corridor is expected to create opportunities for piloting and developing new startups

India could gain ₹3.6 trillion annually from better eye health: Report

A global study says basic eye care like screenings and glasses can yield ₹16 for every ₹1 spent, boosting India's productivity and education outcomes

Best time to invest, innovate and make in India, says PM Modi at IMC 2025

At India Mobile Congress 2025, PM says India's 5G reach and indigenous 4G stack show the country's progress from telecom dependence to technological leadership

Govt to launch ₹7,350 cr plan to boost production of rare-earth magnets

The scheme aims to build a full domestic manufacturing chain for sintered rare earth permanent magnets used in EVs, electronics, and defence

More than resilience, economy needs hard-nosed reforms to sustain growth

It is necessary to see the challenge posed by the prevailing situation as an opportunity and respond effectively to make the economy competitive

Russian oil purchases not bedrock of Indian economy: US trade official

Jamieson Greer's remarks come at a time when India and the US have resumed negotiations to address the trade barriers after President Donald Trump imposed a 50 per cent tariff on India

World Bank ups India's FY26 growth forecast to 6.5%, lowers FY27 projection

India, however, is expected to remain the world's fastest-growing major economy, supported by continued strength in consumption growth

Slightly slower but India's GDP growth likely stayed strong in Q2

A favourable base effect and low deflator growth which boosted the headline figure in Q1 is likely to have continued in Q2 - though less pronounced

India, Chile aim to finalise CEPA by year-end after fast-track talks

Commerce officials to visit Santiago this month for third round of CEPA talks, with focus on critical minerals and expanded market access