File picture of U.S. President Donald Trump and Prime Minister Narendra Modi at the White House in Washington, D.C., U.S., on February 13, 2025 | Photo Credit: Reuters U.S. President Donald Trump has expressed his desire to speak with Prime Minister Narendra Modi before giving the final nod to the long-anticipated India-U.S. trade agreement, sources…
The Index of Industrial Production (IIP), the nation’s monthly barometer of goods output, revealed a 10-month low growth rate in June, at 1.5%, largely due to the sharp contraction in mining activity, by –8.7% (10.3% in June 2024), and electricity output, by –2.6% (8.6% in June 2024). The early onset of the southwest monsoon, with…
Representational image of a an MSME industrial unit | Photo Credit: K. Pichumani Indian negotiators are trying to ensure future trade agreements, such as those with the U.S. and the EU, include similar carved-out features to benefit Indian micro, small, and medium enterprises (MSMEs) along the lines of what was included in the recently signed…
The Sensex tanked 572.07 points or 0.70% to settle at 80,891.02 on Monday (July 28, 2025). The Nifty declined 156.10 points or 0.63% to 24,680.90. File | Photo Credit: PTI Benchmark equity indices Sensex and Nifty bounced back after a three-day fall, ending higher on Tuesday (July 29, 2025), powered by a rally in blue-chip…
The manufacturing sector grew at a 5-month high of 3.9% in June 2025, up from 3.2% in May and 3.5% in June of last year. Representational file image. | Photo Credit: Reuters Growth in industrial activity slowed to a 10-month low of 1.5% in June 2025, down from 1.9% in May. This slowdown was driven…
Congress’s Jairam Ramesh criticises Finance Minister’s remarks on private sector investment, urging government action to support incomes and protect Indian industries. File | Photo Credit: ANI , The Congress on Monday (July 28, 2025) claimed that the net foreign direct investment has fallen steeply while domestic investors are gripped by “fear and uncertainty”, as it…
Exemptions and deductions availed by corporate taxpayers resulted in ₹94,910 crore worth of revenue being foregone in 2019, which increased to ₹99,000 crore by 2023-24, according to data shared by Union MoS for Finance and BJP MP Pankaj Chaudhary on July 28, 2025. File | Photo Credit: Sansad TV/ANI Video Grab The government’s tax exemptions…
The Indian economy is growing at a robust pace and will not face any challenge in achieving a growth rate upwards of 6.5% in the current financial year, RBI Monetary Policy Committee (MPC) member Nagesh Kumar said on Sunday (July 27, 2025). Mr. Kumar, in an interview with PTI Videos, further said that the Indian…
The story so far:India and the U.K. signed a Comprehensive Economic and Trade Agreement (CETA) on Thursday, after having announced the conclusion of negotiations on the deal in May this year. With negotiations starting in January 2022, the deal marks a more than three-year effort to enhance bilateral trade between the two countries. What has…
India’s Minister of Commerce and Industry, Consumer Affairs and Food, and Public Distribution and Textiles, Piyush Goyal speaks at the Swissmem Industry Day in Bern, Switzerland, Tuesday, June 10, 2025. | Photo Credit: AP India’s goods and services exports during 2025-26 are expected to cross $900 billion despite the global economic uncertainties, Commerce and Industry…
