“We are both equally committed to working to expand trade and commerce between the two countries,” Commerce and Industry Minister Piyush Goyal said. Screengrab: YouTube/Piyush Goyal India and the U.S. share an equal commitment towards expanding trade and commerce between the two countries, Commerce and Industry Minister Piyush Goyal said, while adding that there could…
Image for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s real Gross Domestic Product (GDP) growth for second quarter (July to September) would be 7.5% or more due to the consumption boost following Goods & Services Tax (GST) rate cut said the research department of State Bank of India (SBI) on Tuesday (November 18,…
India’s sugar consumption is estimated at around 29 million tons, which could allow New Delhi to export 2 million to 2.5 million tons of sugar in the new season. File. | Photo Credit: Reuters India’s sugar production has gathered pace, with mills producing 1.05 million metric tons of sugar since the 2025/26 season began on…
Dr. Arvind Panagariya, Chairman 16th Finance Commission. File | Photo Credit: Sandeep Saxena New Delhi The Sixteenth Finance Commission (16th FC), chaired by economist Arvind Panagariyam, has submitted its report to the President of India, the office of the President announced on Monday (November 17, 2025). The primary task of the successive Finance Commissions, including…
Gold imports grew nearly 200% in October 2025 to $14.7 billion from $4.9 billion in October 2024. File. | Photo Credit: Reuters India’s trade deficit surged 141% in October 2025 to $21.8 billion due to surging imports, driven in large part by a festival-related jump in gold imports, and subdued merchandise exports, official data showed….
Photo for representational purpose. | Photo Credit: The Hindu Archives The government on Monday (November 17, 2025) imposed import curbs on certain types of platinum jewellery till April next year. The import policy of platinum jewellery “is revised from Free to Restricted, with immediate effect till April 30, 2026”, the directorate general of foreign trade…
Image used for representative purpose only. | Photo Credit: RAMAKRISHNA G India’s public-sector oil companies have successfully concluded a one-year deal to import liquified petroleum gas (LPG) from the U.S. Gulf coast, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Monday (November 17, 2025). In his post on X, Mr. Puri…
Healthy result: The removal of GST has made health insurance premiums about 18% cheaper for individual buyers. | Photo Credit: Getty Images/iStockphoto When the government announced a 0% GST on retail health insurance premiums on September 22, it was welcomed as a move that would make protection more affordable. But in the weeks since, it…
Union Minister Piyush Goyal meets Venezuela’s Minister of Ecological Mining Development Hector Silva on the sidelines of the CII Partnership Summit 2025, in Visakhapatnam, Andhra Pradesh, on October 14, 2025. | Photo Credit: X/@PiyushGoyal via ANI Venezuela has expressed keen interest in enhancing cooperation with India in critical minerals sector and attract investments, the commerce…
The present Flexible Inflation Targeting (FIT) framework in India as a mandate for monetary policy to manage inflation at 4% (+/-) 2% is ending in March 2026 and is under review. In this regard the Reserve Bank of India (RBI) has brought out a well-researched discussion paper, and has several questions for which views have…
