Govt sees no threat to fiscal deficit target for FY26
Despite a projected tax revenue shortfall and higher subsidy spending in 2025-26, the government is confident that “scheme savings” and…
Category: World
Govt aims to offload a record 10 MT of rice in open market
With additional grain allocated for the ethanol blending programme in the 2025-26 season (November-October), the government is aiming to offload…
Govt imposes 30% duty on yellow peas import from November 1
To boost farm gate prices of pulses, the government has imposed a 30% import duty on yellow peas used as…
Engineering exports to US down 9.4% in September, iron and steel exports robust
Despite facing the full force of 50% additional tariff, engineering exports to the US were down just 9.4% on year…
Explainer: Why is Trump-Xi’s rare earths deal important?
US President Donald Trump & Chinese President Xi Jinping have concluded their talks in South Korea with a deal to…
India’s GDP growth to average 6.7% during 2025-2040: DBS Bank
India’s economy is expected to grow by an average rate of 6.7% from 2025 to 2040, outpacing China’s 3% average…
Fiscal deficit for H1 at 36.5% of FY26 target
India’s fiscal deficit in April-September was 5.73 trillion rupees ($65.19 billion) or 36.5% of the estimate for the financial year…
Subdued crude puts a lid on fuel inflation
Inflation in fuel and power, gauged by the wholesale price index (WPI), has contracted for 10 straight quarters through July-September,…
Big shift in India’s export destinations in first half of 2025
Even before exports to the biggest export market — the United States — became tougher due to hefty 50% tariffs,…
RBI’s short forward book rises after seven months
The Reserve Bank of India’s dollar short forward positions rose $6 billion to $59.4 billion in September – up 11%…