Category: Finance

White House Trade Advisor Peter Navarro has said that the United States does not need “unfair trade” with India, but…

National Co-operative Exports Limited (NCEL) and the Agricultural and Processed Food Products Export Development Authority (APEDA) on Tuesday signed a…

Bangladesh has decided to allow the export of 1,200 tonnes of Hilsa fish, locally known as ilish to India ahead…

New Delhi: Commerce and industry minister Piyush Goyal on Monday met Israel finance minister Bezalel Smotrich and they discussed further…

New Delhi: India is readying a big-ticket infrastructure push, focusing on large projects with long gestation periods. Officials said mega…

New Delhi: The Bidkin Industrial Area has attracted marquee investments worth Rs 76,219 crore, including Ather Energy, Lubrizol, Toyota Kirloskar…

Rajan Singh, 32, has driven nearly 300,000 km in six years, initially in a Maruti Swift, now in an S-Cross.…

Calling the landmark GST overhaul a ‘people’s reform’, Finance Minister Nirmala Sitharaman on Saturday said that rationalisation of rates for…

Finance minister Nirmala Sitharaman told Deepshikha Sikarwar, Vinay Pandey & Sruthijith KK in an interview that the big-ticket taxation reforms…

New York/Washington: Terming India as the ‘vowel’ between Russia and China in the BRICS grouping, US Commerce Secretary Howard Lutnick…

Around one-fourth of items, mostly essential and household goods, in India’s inflation basket will be taxed at 5% following the…

GST rate cut would make the fisheries sector more competitive in both the domestic and export markets, the government said…

New Delhi: India’s service activity raced to a 15-year high of 62.9 in August, from 60.5 in July, as robust…

The Goods and Services Tax Council started its two today meeting meet in New Delhi to discuss the centre’s proposal…

The Goods and Services Tax Council will begin its two-day meeting on Wednesday to take up sweeping reforms of the…

The next generation GST reforms would ‘absolutely’ set an economy open and transparent with further reduction in compliance burden and…

August saw a 4.3% year-on-year increase in power demand to about 150.5 billion units despite torrential rains lowering cooling requirement…

Crisil has maintained India’s GDP growth forecast for the current fiscal year 2025-26 at 6.5 per cent even as it…

Mumbai: India’s central bank has preferred to increase its gold holdings over US Treasury bills to bolster foreign exchange reserves,…

India’s specialty fertiliser industry is bracing for renewed supply challenges as China prepares to reimpose export restrictions from October, potentially…

The finance ministry has issued a notification paving the way for quick implementation of 100% foreign investment in the insurance…

Chief Economic Advisor (CEA) Anantha Nageswaran on Saturday said the central government, along with various stakeholders, are actively working overtime…

The Central government’s fiscal deficit till July in this financial year widened to 29.9% of the annual target against 17.2%…

Dr Urjit Patel, former RBI Governor, has been appointed as India’s Executive Director at the International Monetary Fund (IMF) for…

Factory jobs are paying better, with the average pay per person rising by 28.9% — from Rs 2.8 lakh in…

More than 56 crore Jan Dhan accounts have been opened, in the last 11 years, bringing millions into the formal…

New Delhi: India’s inflation index is likely to be revised every five years, statistics ministry secretary Saurabh Garg said on…

Ratings firm Crisil said on Wednesday that the uncertainties surrounding the US tariffs might be a new hindrance to capital…

The US’ 50% tariffs on India come into effect today, with labour-intensive sectors expected to bear the brunt. ET looks…

The Reserve Bank of India (RBI) has begun the September 2025 round of its Urban Consumer Confidence Survey (UCCS) and…

India stands at a critical juncture in the global artificial intelligence race with potential to leapfrog by focusing on societal…

Fitch Ratings on Monday affirmed India’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a Stable Outlook, saying that…

States must strive for self-reliance, remain sensitive to the Centre’s concerns, and seek its blessings to ensure progress, Madhya Pradesh…

India’s outbound investments has jumped by 67.74 per cent to USD 41.6 billion in FY2024-25 from USD 24.8 billion in…

India is negotiating free trade agreements (FTAs) with several countries, including the European Union, the US, Chile, and Peru, Commerce…

The Ministry of Electronics and Information Technology (MEITY) announced on Friday that the government may unveil two to three small…

MUMBAI: The absolute effects of GST restructuring on indirect tax collections and fiscal policy will eventually impact market interest rates,…

Not all partnerships in global strategy carry the same weight. Some are useful, others indispensable. Former US Ambassador to the…

New Delhi: To usher in next-generation reforms, the Centre has constituted two high-powered groups of secretaries, technocrats and economists, headed…

New Delhi: Retail inflation for farm and rural workers eased to 0.77 per cent and 1.01 per cent in July…

New Delhi: Russia wants to increase bilateral trade with India and is willing to purchase more goods if those are…

The imposition of higher tariffs by the US will significantly impact the micro, small and medium enterprise sector, which accounts…

New Delhi: The government on Tuesday said it is suspending import duty on raw cotton until September 30, a move…

The proposed Goods and Services Tax (GST) reforms are set to significantly impact various sectors by reducing tax rates, enhancing…

New Delhi: US President Donald Trump’s trade adviser Peter Navarro on Monday criticised India’s crude oil imports from Russia, calling…

The frontloading of consignments by Indian exporters to stay ahead of higher duties may have led to exports of goods…

Over the last eight years since the introduction of GST, the focus has been on compliance and expanding the tax…

S&P Global Ratings has upgraded as many as 10 Indian financial institutions, following a similar action on the sovereign credit…

Domestic demand will get a boost after goods and services tax (GST) rationalisation, economists said, providing support to the economy…

New Delhi: S&P’s upgrade of its long-term sovereign credit rating on India after 18 years citing economic resilience can potentially…

New Delhi: The next round of review talks for the Asean-India Trade in Goods Agreement (AITIGA) will be held on…

Prime Minister Narendra Modi on Friday called for becoming atmanirbhar (self-reliant) in producing fertiliser through judicious use of crop nutrients…

New Delhi: India’s goods exports rose 7.2% year-on-year in July to $37.24 billion, after declining for two consecutive months. However,…

The United States extended Independence Day greetings to Pakistan on Thursday, and “appreciated” Islamabad’s engagement in counterterrorism and trade. This…

New Delhi: The government will identify 1,000 provisions penalising minor offences within the next 45 days for decriminalisation, commerce and…

Recent tariff actions by the United States, including an additional 25% levy on certain imports and a separate 25% penalty…

Global trade is undergoing a profound shift. Mutual consensus and predictability seem to be principles of the past. Rising protectionism,…

India’s economic story since independence in 1947 is nothing short of a fascinating journey, from Nehru’s vision of a socialist,…

The IBBI has proposed making it mandatory for the committee of creditors (CoC) to formally record its deliberations on the…

The Central government will release Rs 3,200 crore installment of Pradhan Mantri Fasal Bima Yojana on Monday. This is the…

The much-anticipated August 15 meeting between US President Donald Trump and his Russian counterpart Vladimir Putin in Alaska has raised…

Negotiations for a comprehensive trade deal between India and Oman, which commenced in 2023, have been concluded. “India-Oman CEPA negotiations…

Chennai: Reserve Bank of India Deputy Governor Swaminathan Janakiraman on Saturday said financial inclusion initiatives, such as conducting Re-KYC camps,…

As Prime Minister Narendra Modi assured of India’s farmers being the government’s “top priority,” the farmers in Andhra Pradesh’s Amravati…

The government has set up a committee to examine the impact of customs duties, export incentives and refunds, goods and…

President Donald Trump has sharply escalated his trade offensive against India, slapping an extra 25% tariff on certain imports and…

Three years of Indian oil imports from Russia are supposed to have funded Russia’s war effort, but not the 60…

A day after the doubling of tariffs to 50 per cent by the US, a senior Indian diplomat on Thursday…

Higher tariffs imposed by the US on India could negatively impact India’s labour-intensive sectors as well as manufacturing and pose…

What are the odds of the central bank lowering rates later this fiscal year after Governor Sanjay Malhotra outlined the…

Pune: India’s textile industry has suggested that the government could offer to remove the 11% duty on raw cotton imports…

When the United States demanded that China and India stop buying Russian oil, it likely didn’t anticipate triggering a geopolitical…

New Delhi: The Central Board of Direct Taxes has awarded the Permanent Account Number (PAN) 2.0 project to LTIMindtree Ltd,…

Amid growing calls for relief following US President Donald Trump’s tariff announcement, the government has ruled out subsidies but indicated…

New Delhi: The government is pushing exporters to build and promote homegrown brands to cope with the 25% tariff imposed…

New Delhi: G Hari Babu, President of National Real Estate Development Council (NAREDCO) has urged the government to bring the…

India has the capital to support growth but lacks adequate risk capital to realise its USD 5 trillion economy ambition,…

The Reserve Bank of India (RBI) is expected to announce a 25 basis points (bps) repo rate cut in the…

New Delhi: India-US talks on forging a bilateral trade deal may require a reset through a conversation at the highest…

New Delhi: In a move that could dent India’s exports to US, Washington has imposed a blanket 25% tariff on…

The Centre’s fiscal deficit in the first quarter of this financial year rose to 17.9% of the annual target, compared…

US President Donald Trump’s surprise tariff announcement is set to weigh on the Reserve Bank of India’s monetary policy decision…

New Delhi: The government will likely roll out one more phase of its pilot project in a month before launching…

Indian Tea Association (ITA), a leading body of planters, on Wednesday said that the industry is grappling with multiple challenges…

The Finance Ministry on Tuesday told Parliament that it expects to collect Rs 5.91 lakh crore from cess and surcharge…

US Trade Representative Jamieson Greer said “more negotiations” will be needed with India on a trade deal just days before…

Our Bureau New Delhi: India’s industrial output growth slowed to a 10-month low at 1.5% in June, pulled down by…

Angel investing in India has just crossed a modest milestone of $1 billion in commitments, and already the nascent asset…

Mumbai: Economists are divided on the trajectory of interest rate cuts. While some cite six-year low inflation as grounds for…

Andhra Pradesh Chief Minister N Chandrababu Naidu landed in Singapore on Sunday, beginning a five-day official visit to attract investments…

Prime Minister Narendra Modi on Saturday described the recently concluded FTA between India and UK as ‘historic,’ and said the…

As BRICS+ economies deepen collaboration to reshape the global financial system, three key institutional initiatives: the cross-border payments platform, the…

New Delhi: India and the UK have agreed to negotiate mutual recognition agreements (MRAs) to facilitate the movement of professionals…

The Reserve Bank of India has won the battle against inflation but the war continues as price stability remains the…

London: Commerce minister Piyush Goyal said he was optimistic that India could reach an agreement with the US ahead of…

Following the central bank’s decision to cut the key repo rate by 100 basis points since February 2025, public sector…

New Delhi: Prime Minister Narendra Modi on Wednesday reached the UK with the formal signing of the landmark India-UK Free…

The 16th Finance Commission should focus on devolving more funds to local bodies, municipalities and panchayats to enable them effectively…

India’s rice stocks in government warehouses rose 15% from a year ago to a record high for the start of…

As the Goods and Services Tax (GST) has completed eight years since its rollout, a recent report by SBI Research…

New Delhi: The central government’s debt accumulation grew at a slower pace between FY21 and FY23 than the country’s gross…

India’s banking system loan growth stood at 9.4% as of June 27, its lowest level since March 2022, after having…

The Ministry of Statistics and Programme Implementation (MoSPI) has established a mechanism to share inputs on industrial activity in India…

Automobile exports from India grew 22 per cent year-on-year in the April-June quarter, driven by record shipments of passenger vehicles…

Apple growers in Himachal Pradesh are upbeat as early varieties of the fruit are commanding impressive prices in wholesale markets.…

India and the US teams have concluded the fifth round of talks for the proposed bilateral trade agreement (BTA) in…

New Delhi: Prime Minister Narendra Modi is likely to travel to the United Kingdom on July 23-24 that could see…

A senior Indian statistician has called for enhanced data-sharing between institutions and the central government, including access to mobile payments…

Negotiations between India and the US are underway to iron out pending issues for a trade deal, the Ministry of…

Indian officials are hoping to secure a trade deal with US President Donald Trump at a lower tariff rate than…

New Delhi: The government has prohibited the use of 18 antibiotics, 18 antivirals and one anti-protozoan for treatment in egg…

India’s goods trade deficit is projected to widen to USD 300 billion in FY26, up from USD 287 billion in…

About 1.4 lakh new Jan Dhan accounts have been opened in the past fortnight under the nationwide financial inclusion saturation…

Amid US President Donald Trump call for imposing 100 per cent “secondary tariffs” on Moscow if Russian President Vladimir Putin…

Union Minister for Road Transport and Highways Nitin Gadkari on Monday laid the foundation for nine national highway projects spanning…

Even as India and the United States move closer to concluding a long-anticipated trade agreement, a new report by SBI…

India should avoid rushing into a trade deal with the US that compromises core sectors like agriculture, experts on Sunday…

Francesca Bray is Professor Emerita of Social Anthropology at the University of Edinburgh. Speaking to Srijana Mitra Das at Times…

Small traders can heave a sigh of relief as the Chhattisgarh government has decided to waive VAT dues of up…

The Centre has extended the tax exemption for sovereign wealth funds (SWFs) and pension funds for another five years, allowing…

New Delhi: Commerce and industry minister Piyush Goyal Friday met officials of the Department for Promotion of Industry and Internal…

The Reserve Bank of India (RBI) is keeping close watch on global cryptocurrency developments, governor Sanjay Malhotra told a parliamentary…

India now makes faster payments than any other country with the quick growth of UPI, and the usage of other…

US President Donald Trump’s threat to impose new tariffs on India over its participation in the BRICS forum puts New…

Free trade agreements (FTAs) with developed markets such as Australia, UAE and UK will provide greater market access for the…

Brasilia: Noting ample opportunities for diversifying and expanding bilateral trade, Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula…

US President Donald Trump on Tuesday said that India and all other BRICS nations would face an additional 10% tariff,…

The US has extended the suspension of its April 2 reciprocal tariffs until August 1, a move which provides relief…

The Department for Promotion of Industry and Internal Trade (DPIIT) has reviewed 22 issues affecting 18 infrastructure projects worth Rs…

India and the US are nearing a mini trade deal with politically and economically sensitive sectors of dairy and agriculture…

India and the United Sates are likely to make a final decision on a mini trade deal in the next…

New Delhi: An apple a day – but at a price set by geopolitics. With Turkey, Iran and Afghanistan emerging…

India’s decision to reserve its rights to impose retaliatory duties on the US over imposition of tariffs on auto parts…

Inflation is expected to remain in line with the Reserve Bank of India’s (RBI) projections in the first quarter (Q1)…

The free trade agreement between India and the four-nation European bloc EFTA is likely to come into force in the…

The Union Cabinet on Tuesday approved the employmentlinked incentive scheme (ELI), nearly a year after the government announced it in…

New Delhi: The Kerala government has flagged its “grave concern” over the India-US bilateral trade deal negotiations citing risks to…

India’s services sector enjoyed its strongest growth in ten months in June, fuelled by robust demand and cooling price pressures,…

Labour ministry has worked out a fool-proof mechanism using digital tools to implement the Rs 1.07-lakh crore Employment Linked Incentive…

As negotiations for a long-anticipated Free Trade Agreement (FTA) between India and the United States enter their final stretch, India…

The Reserve Bank of India (RBI) has appointed Kesavan Ramachandran as Executive Director (ED) with effect from July 1, 2025.…

BENGALURU: India’s manufacturing activity accelerated to a 14-month high in June, driven by a substantial rise in international sales that…

The finance ministry on Monday directed private sector banks to increase their participation in the implementation of government schemes and…

India’s trade deficit is likely to widen to USD 300 billion in the financial year 2025-26, even though oil prices…

India’s trade team has extended its stay in Washington to iron out differences as the two sides look to clinch…

India has decided to impose port restrictions with immediate effect on the import of jute and allied fibre/ products from…

India imposed restrictions on the import of jute and allied fibre products from Bangladesh in view of its “unfair trade”…

New Delhi: The NITI Aayog could prepare a blueprint for interventions needed to boost private sector investment in infrastructure creation,…

Mumbai: Sugar output is likely to increase by 15 per cent in sugar season 2025-26 to about 35 million tonnes…

The Indian economy will grow at a mostly steady pace this fiscal year and next after marking a four-year low…

Spending on social welfare schemes by the top 18 states is expected to remain high at 2% of gross state…

New Delhi: China has halted shipments of specialty fertilisers used to increase the yields of fruits, vegetables and other remunerative…

Rating agency Icra on Wednesday retained its India’s GDP growth forecast for fiscal 2025-26 at 6.2 per cent, assuming well-distributed…

The Reserve Bank of India surprised economists with significant rate cuts despite positive economic indicators. This move, intended to stimulate…

The Centre on Tuesday approved the procurement of up to 2.5 lakh metric tonnes of mangoes from farmers in Karnataka…

A panel mandated to examine tax rates under the Goods and Services Council has recommended slashing tax on green hydrogen…

Funding by private equity (PE) and venture capital (VC) entities has fallen sharply in India to USD 2.4 billion in…

New Delhi: A worsening geopolitical situation since the Monetary Policy Committee (MPC) meeting earlier this month has heightened the upside…

The country’s coffee exports have jumped about 125 per cent to USD 1.8 billion in the last 11 years on…

Coffee grower N Bose Mandanna isn’t afraid to spill the beans, literally. Standing beside sturdy plants of robusta coffee on…

India has overtaken several economies in terms of GDP over the past decade, but its citizens’ per capita income remains…

India’s direct tax collection for the financial year 2025-26 rose by 4.86% to Rs 5.45 lakh crore as of June…

Exporters have suggested shifting cargo movement from Bandar Abbas port to the Chabahar port in the wake of Iran-Israel conflict,…

India has firmed up a ₹3,500-5,000 crore scheme to incentivise production of rare earth minerals and derived magnets in the…

The government has put in place restrictions on the import of specific colloidal precious metals to curb the unlawful entry…

The government has put in place restrictions on the import of specific colloidal precious metals to curb the unlawful entry…

New Delhi: The India-UK social security agreement was made a non-negotiable part of the free trade agreement (FTA) discussions two…

Indian refiners cancelled orders for 65,000 metric tons of crude palm oil (CPO) scheduled for delivery from July to September…

The Centre’s advance tax collections have grown at a tepid pace till June 15 this fiscal, suggesting muted income growth…

The government on Tuesday allowed the export of up to 25,000 tonnes of pharma-grade sugar per financial year under the…

India wants an assurance from the US that no additional tariffs will be imposed by the Donald Trump administration once…

India’s merchandise exports to the US rose by 16.93 per cent to USD 8.83 billion in May, while imports dipped…

Prime Minister Shri Narendra Modi along with the President of Cyprus, Nikos Christodoulides on Sunday night held a Roundtable interaction…

With the Israel-Iran conflict intensifying, the government must urgently review energy risk scenarios, diversify crude sourcing, and ensure strategic reserves…

Jammu and Kashmir Lieutenant Governor Manoj Sinha on Saturday said the government’s goal is to make every farmer in the…

Diversified conglomerate Kothari Industrial Corporation Ltd has launched 30 agro-products aimed at bolstering agricultural output and serving the growing needs…

New Delhi: India’s soft industrial momentum, a widening trade gap, and early signs of business caution warrant close tracking as…

The year 2025 has been a rollercoaster ride for India and its economy so far, starting with Maha Kumbh giving…

According to a recent report by the Bank of Baroda (bob), India’s retail inflation in the first quarter of FY26…

China on Thursday hinted at holding talks with India over its restrictions on export of rare earth materials, saying it…

India’s central bank under new Governor Sanjay Malhotra is giving market participants conflicting signals about monetary policy as it takes…

The central government on Wednesday slashed the Basic Customs Duty (BCD) on crude edible oils namely crude sunflower, soybean, and…

Commerce Minister Piyush Goyal indicated on Wednesday that the Swiss part of the EFTA will possibly be implemented from October…

India and the US teams discussed issues pertaining to market access, digital trade, and customs facilitation during the week-long deliberations…

MUMBAI: The Reserve Bank of India (RBI) has once again flagged concerns over mis-selling of financial products such as insurance,…

The free trade agreement (FTA) between India and the four-nation European bloc EFTA is likely to come into force from…

New Delhi: The government has identified 12 cities with a population of more than 2.5 million each to monitor e-commerce…

A US trade team that’s currently in India for negotiations has extended its stay, according to people familiar with the…

Union Minister Piyush Goyal on Saturday described his meeting with UK Foreign Secretary David Lammy as ‘fruitful’ as they discussed…

India’s extreme poverty rate declined sharply to 5.3 per cent over a decade from 27.1 per cent in 2011-12 even…

The Reserve Bank of India (RBI) Friday shed its customary conservatism to deliver double the policy rate cut than anticipated…

The Reserve Bank of India has lowered the consumer inflation target for FY’26 inflation target to 3.7% from 4% made…

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) began its bi-monthly meeting on Wednesday, June 4, 2025 and…

India has committed USD 20 billion for infrastructure development, with a focus on enhancing multimodal logistics, port connectivity and trade…

India has called for action to address trade distortions caused by non-market economies, non-tariff barriers and restoration of a strong…

India is weighing legal uncertainties surrounding Trump tariffs as it prepares for the next round of trade talks this week,…

PARIS: India can help French businesses become more competitive in manufacturing and tap global markets, commerce and industry minister Piyush…

Swiss brokerage UBS on Tuesday raised its FY26 GDP growth forecast for India to 6.4 per cent from an earlier…

US Commerce Secretary Howard Lutnick on Monday voiced optimism for a trade deal soon with India to avoid tariffs threatened…

India’s economy, which is currently USD 4 trillion in size, is expected to be close to USD 30 trillion by…