Economy

Govt may focus on extending support measures to sectors hit hard by US tariffs

Economy
The government may prioritise support measures for sectors, like textiles and chemicals, which would be severely impacted by the US tariffs, under the...

Trump’s punitive India tariff spoils PM Modi’s Russian oil math

Economy
A US decision to double tariffs on Indian goods as punishment for ongoing purchases of Russian crude leaves the world’s third-largest oil consumer...

RBI keeps repo rate unchanged at 5.5%

Economy
MUMBAI: The Reserve Bank of India (RBI) held policy rates steady at 5.5% with a unanimous vote from all six members of the...

India tariffs doubled to 50%: Trump says he may modify order in case of retaliation

Economy
Along with an additional 25% import tariff on India, US President Donald Trump stated in his executive order that the provisions may be...

RBI holds rates citing WIP transmission, tariffs

Economy
The Reserve Bank of India (RBI) Wednesday maintained policy interest rates citing ongoing transmission of its recent actions and global trade uncertainties. The...

Textile sector urges govt to scrap 11% cotton import duty

Economy
Pune: India's textile industry has suggested that the government could offer to remove the 11% duty on raw cotton imports and use it...

No proposal to stop supply of Rs 500 notes: MoS Finance

Economy
There is no proposal to stop supply of Rs 500 denomination banknotes and ATMs will continue disbursing Rs 500 alongside Rs 100 or...

On Russian oil, India and China speak the same language to Trump

Economy
When the United States demanded that China and India stop buying Russian oil, it likely didn’t anticipate triggering a geopolitical alignment between two...

RBI announcements on Wednesday: Banks keep an eye on new liquidity, co-lending norms

Economy
Bankers are looking forward to two important announcements from the RBI—revised liquidity management framework and final norms on co-lending arrangements between lenders—on Wednesday,...

IREF says lifting of curbs by major global rice importer to boost Indian shipments

Economy
Removal of import restrictions by a major Indian rice importer will help boost the grain's exports and reduce the impact of fresh US...

No subsidy lifeline? Govt pushes for “innovative ways” to help exporters tackle Trump tariffs

Economy
Amid growing calls for relief following US President Donald Trump’s tariff announcement, the government has ruled out subsidies but indicated it is open...

Exporters urged to build brandsas a way around Trump tariffs

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