Economy

Retail inflation hits 69-month low as food prices drop; opens door for rate cut

Retail inflation hit a 69-month trough of 3.16% in April, staying below the central bank’s 4% target for three months in a row...

Commerce minister Piyush Goyal to visit US later this week, WTO retaliation, BTA talks on agenda

New Delhi: Commerce and industry minister Piyush Goyal will visit the US later this week to take forward discussions on the proposed bilateral...

India to defend import curbs on copper in legal tussle with trade associations, sources say

The Indian government is expected to argue that there is sufficient domestic supply of copper cathodes, and an adequate number of suppliers, as...

India proposes retaliatory duties against US on steel, aluminium duties at WTO

New Delhi: India on Monday proposed to impose retaliatory duties on 29 American products including apples, almonds, pears, anti-freezing preparations,boric acid and certain...

Trade is a big reason they stopped fighting, claims Donald Trump on India-Pakistan tensions

United States' President Donald Trump has claimed that the reason behind the ceasefire agreement between India and Pakistan was due to trade. ...

India’s manufacturing and services PMI is highest among developed and emerging markets: J P Morgan

India has topped the global charts in both manufacturing and services activity, according to the Purchasing Managers' Index (PMI) data in report released...

India has 5 years to build on China+1 supply chain change: World Bank Group president Ajay Banga

“India has five years to take advantage of the changes in the supply chain that are happening because of China+1.”The global churn due...

No duty cuts by India on UK wines under FTA; limited concession on British beer

India is not giving any duty concessions on British wines and is providing only limited import duty benefits on UK beer under the...

India poised to double ready-made garments market share to 12% in UK in near term: CareEdge

India is expected to double its market share from 6 per cent in 2024 to 12 per cent in the UK's readymade garments...

Forecast with a model error of 4 days: Monsoon likely to arrive in Kerala early this year

Pune: The southwest monsoon is likely to set over Kerala on May 27, five days earlier than normal, the India Meteorological Department (IMD)...

Explainer: India-UK free trade agreement — all you need to know

India and the UK earlier this week announced that they have concluded the negotiations for a free trade agreement to boost economic ties...

monsoon: India’s monsoon rains to arrive early, brightening outlook for crops

Monsoon rains are expected to hit India's southern coast on May 27, five days earlier than usual, marking the earliest arrival in at...

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