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Fri, 05 Jun 2026 01:39:09 +0530

FDI equity inflows up 18% in FY26, US investments double

India saw a significant jump in foreign investment in the last fiscal year. FDI equity inflows increased by 18 percent, reaching $58.84 billion. The United States and Singapore were major contributors

Fri, 05 Jun 2026 00:58:17 +0530

India to roll out 6–7 FTAs next year as trade push accelerates: Piyush Goyal

India is set to sign several major trade deals soon. Three to four significant trade agreements are planned for the next year. Additionally, two to three free trade agreements will become active withi

Fri, 05 Jun 2026 00:54:30 +0530

India, US reaffirm push for trade deal, call talks ‘nearly done except commas’

Recent trade negotiations in New Delhi marked a pivotal moment for India and the United States. A dedicated US delegation engaged with Indian leaders in talks centered on various trade challenges. Bot

Fri, 05 Jun 2026 00:44:15 +0530

Govt sets up six sector groups to fast-track ‘Make in India 2.0’ push

In a bold move towards self-sufficiency, India is ramping up its domestic manufacturing initiatives! Six government-led teams are tasked with selecting 100 essential products that will help reduce rel

Fri, 05 Jun 2026 00:29:50 +0530

Livestock industry demands 1.5 million tonnes soymeal imports amid price surge

India's livestock sector faces rising feed costs. Farmers are urging the government to permit soybean meal imports. Domestic prices have surged significantly. This increase impacts poultry farmers and

Fri, 05 Jun 2026 00:23:46 +0530

Cold storages struggle as Gulf cargo lands in India

Indian cold storages are full of imported apples, avocados, and dry fruits. Shipping disruptions due to the Iran war are causing these diversions. This situation also impacts India's own produce exp

Fri, 05 Jun 2026 00:21:07 +0530

Trump's trade chief says 'deal's a deal' for economies with capped US tariffs

America's trade representative assures that new tariffs will respect existing agreements. He stated that a deal is a deal for nations like the European Union and Japan. The US aims to resolve proble

Fri, 05 Jun 2026 00:15:54 +0530

Consumption demand faces risk from global headwinds, parliamentary panel informed

Indian officials have warned that consumption demand might face challenges due to global economic pressures. However, strong service exports and foreign exchange reserves are expected to provide a buf

Thu, 04 Jun 2026 23:00:45 +0530

'US trying to pressure India… but it will resist such efforts': Putin backs New Delhi, eyes $100 billion trade

Russian President Vladimir Putin has publicly endorsed India's autonomous approach to foreign affairs, expressing his belief that India will remain unyielding to U.S. pressures regarding its connectio

Thu, 04 Jun 2026 22:43:09 +0530

India, UK unveil new initiatives on critical minerals, maritime security

India and the UK are embarking on an exciting journey of collaboration. With the unveiling of a significant trade deal and a strategic defence framework, the nations are set to enhance their partnersh

Thu, 04 Jun 2026 21:56:21 +0530

India, US reaffirm commitment to conclude mutually beneficial trade pact

India and the United States have highlighted their determination to advance a pivotal trade agreement. Following four days of meaningful negotiations in New Delhi, both parties engaged in productive d

Thu, 04 Jun 2026 21:50:19 +0530

Economist Neelkanth Mishra appointed India’s Executive Director at World Bank

With a new chapter in international finance, Neelkanth Mishra is set to step into the role of India's Executive Director at the World Bank, following in the footsteps of Parameswaran Iyer. His three-y

Thu, 04 Jun 2026 17:14:49 +0530

India's long-term story intact despite short-term headwinds: Citi CEO Jane Fraser

Citi CEO Jane Fraser sees India's long-term growth story remaining strong. She highlighted India's reform momentum and digital transformation. Emerging technologies like AI will unlock significant opp

Thu, 04 Jun 2026 16:30:05 +0530

India considers spending curbs to protect fiscal deficit target

India's government is reviewing potential budget spending cuts. Higher oil prices are increasing subsidy costs and threatening fiscal goals. Officials are looking at trimming allocations in areas like

Thu, 04 Jun 2026 16:18:44 +0530

India-US trade deal could further boost already vibrant trade corridor: Citi India CEO

A proposed India-US trade agreement is set to enhance trade and investment. Citi India CEO K Balasubramanian expressed optimism about this pact. He highlighted the strong India-US economic corridor, a

Thu, 04 Jun 2026 16:04:29 +0530

From inputs to retail, a monster rages through: As supply-side inflation pressures build, the implications for monetary policy

India's inflation is shifting from producers to consumers, driven by cost-push factors like rising global commodity and energy prices. This is evident in the widening gap between WPI and CPI inflation

Thu, 04 Jun 2026 16:03:52 +0530

India-UK trade deal moving forward, though steel issue may delay launch

Talks on a free trade deal between Britain and India are moving swiftly. Trade Minister Peter Kyle stated discussions are going well. While the deal itself will not be reopened, its implementation mig

Thu, 04 Jun 2026 15:40:06 +0530

BRICS and the new geography of agri-trade

India’s BRICS chairship in 2026 comes as agricultural trade faces new challenges beyond tariffs, including climate shocks, food-price volatility, fertiliser supply disruptions, sustainability requir

Thu, 04 Jun 2026 15:36:43 +0530

India set to implement 2-3 more FTAs in six months, says commerce minister Piyush Goyal

India is set to implement at least two to three more free trade agreements within the next six months, with an additional three to four significant pacts expected by 2027. Commerce Minister Piyush Goy

Thu, 04 Jun 2026 14:56:57 +0530

Record pulses buffer to act as shield against El Nino, says govt official

India holds a substantial 43 lakh tonnes pulses buffer that will protect against supply disruptions and price hikes due to a potential El Nino. The government assures this stock can be utilized if the

Thu, 04 Jun 2026 14:48:44 +0530

India to use artificial intelligence for machine-readable standards, says Consumer Affairs Secretary Khare

India's Consumer Affairs Ministry is set to develop advanced, machine-readable standards using AI. This initiative aims to simplify compliance for industries. The Bureau of Indian Standards is transfo

Thu, 04 Jun 2026 14:39:38 +0530

El Niño needs monitoring, but India better prepared than earlier: Bayer’s Simon Wiebusch

Farmers are increasingly recognising climate volatility as a long-term reality, driving greater adoption of climate-smart practices, says Simon Wiebusch.

Thu, 04 Jun 2026 14:23:37 +0530

India should review FTAs, overhaul investment screening, report says

India should reassess the effectiveness of its existing Free Trade Agreements (FTAs), modernise its investment screening framework and adopt a more coordinated trade and industrial policy approach as

Thu, 04 Jun 2026 14:09:42 +0530

Govt sets up 6 sector-specific groups to identify products to boost manufacturing, cut imports

India is boosting domestic manufacturing. Six expert groups will identify 100 products to reduce import dependence. This initiative aims to promote local production for both Indian and global markets.

Thu, 04 Jun 2026 14:08:12 +0530

India a strong long-term bet despite everything, says BofA India chief

Global investors see India as a strong long-term investment choice; despite market ups and downs, confidence in India's economy remains high, says BofA India CEO Sahu. According to him, manufacturin

Thu, 04 Jun 2026 13:39:12 +0530

RBI MPC: A challenge Shaktikanta Das contained may be resurfacing again

India's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progress. Policymakers are now considering a potential rate hike. T

Thu, 04 Jun 2026 12:52:21 +0530

India fights a familiar fear even as it keenly watches new US tariff move

India 12.5% new tariff: Indian exporters are watching US tariff reviews closely, hoping that trade talks will protect their market share. A uniform tariff could hurt India's advantage as buyers shift

Thu, 04 Jun 2026 12:07:05 +0530

Govt moves to standardize edible oil pack sizes, industry sees boost for consumer transparency

The Indian government is set to introduce new rules for edible oil packaging. This move aims to standardize pack sizes, making it easier for consumers to compare prices. Manufacturers believe this wil

Thu, 04 Jun 2026 11:38:46 +0530

Indian consumers turn defensive as job fears rise, economic confidence falls

Indian consumers are increasingly concerned about jobs and the economy. This is leading many to reduce spending on non-essentials like dining and shopping. People are prioritizing savings and financia

Thu, 04 Jun 2026 11:07:12 +0530

Money market-volumes jump to record as bank lending booms

India's money markets are experiencing record activity. State-owned banks are borrowing more to fund strong credit demand. This surge in lending is happening despite global energy concerns. Banks are

Thu, 04 Jun 2026 06:00:00 +0530

US plans additional 12.5% tariff; India says talks on Section 301 probes ongoing

The US Trade Representative has proposed an additional 12.5% duty on 54 countries, including India, over alleged failure to restrict imports of goods produced with forced labor. This move, seen as a p

Thu, 04 Jun 2026 00:34:57 +0530

Norms issued to estimate District Domestic Product

New uniform guidelines for estimating district domestic product have been released by the statistics ministry, aiming for standardized indicators and bottom-up data collection. This move, aligning wit

Thu, 04 Jun 2026 00:26:11 +0530

We expect interest rates to be left the way they are: Ficci chief Anant Goenka

Ficci president Anant Goenka advocates for steady interest rates, citing supply-side price pressures from the West Asia crisis. He suggests restricting rupee intervention to volatility management and

Thu, 04 Jun 2026 00:20:06 +0530

OECD sees India growth slowing to 6.3% from 7.6% in FY27

India's economy faces a slowdown to 6.3% in fiscal 2027. Higher energy costs from the Middle East conflict will impact investment and exports. Despite this, India remains a top global growth engine. P

Thu, 04 Jun 2026 00:14:53 +0530

Thali costs climb in May: Crisil report

Home-cooked vegetarian and non-vegetarian thalis saw a 5% and 7% price increase in May, respectively, due to rising costs of tomatoes, vegetable oils, and LPG. Tomato prices surged 57% year-on-year, w

Wed, 03 Jun 2026 23:23:55 +0530

India-Oman trade pact creates strong export push for India's textile MSMEs: Govt

India's textile and apparel sector is poised for significant growth in Oman following the India-Oman Comprehensive Economic Partnership Agreement (CEPA). The pact grants immediate duty-free access on

Wed, 03 Jun 2026 21:37:50 +0530

Fuel price shield helping India and consumers to tackle West Asia crisis: Gita Gopinath

India is already cushioning the economy from the West Asia crisis. Gita Gopinath, former IMF Deputy Managing Director, states the government is limiting fuel price hikes. This acts as an implicit subs

Wed, 03 Jun 2026 21:33:34 +0530

Guwahati Tea Auction Centre sets new benchmark for quality tea prices

Guwahati Tea Auction Centre achieved record prices for quality tea. Deckiajuli Tea Estate sold premium CTC leaf at Rs 1,103 per kg. Sotai Tea Estate tea also reached a new high of Rs 889 per kg. Over

Wed, 03 Jun 2026 20:54:20 +0530

Elevated oil prices could drag India's growth to 6%, below IMF forecast of 6.5%: Gita Gopinath

Elevated oil prices could slow India's economic growth to around 6%, according to former IMF official Gita Gopinath. She warned that prolonged West Asian tensions could further impact global growth an

Wed, 03 Jun 2026 20:21:44 +0530

MoSPI releases uniform norms for DDP estimates with 2022-23 base year

The Statistics Ministry has released uniform guidelines for compiling District Domestic Product (DDP) estimates with a 2022-23 base year. These guidelines, finalized after stakeholder consultation, ai

Wed, 03 Jun 2026 20:05:43 +0530

ADB, StanChart ink partnership to support Indian firms across supply chains

The Asian Development Bank and Standard Chartered Bank have partnered to boost supply chain finance in India. Agreements include risk-sharing for USD transactions via GIFT City and a guarantee facilit

Wed, 03 Jun 2026 19:29:33 +0530

RBI to hold rate on Friday, future hike will depend on inflation data: Gita Gopinath

The Reserve Bank of India (RBI) is likely to keep interest rates unchanged in the near term and adopt a data-dependent approach before taking any future policy action, according to Gita Gopinath, form

Wed, 03 Jun 2026 18:22:02 +0530

Cabinet approves widening of NH-63 Armoor-Mancherial section under Hybrid Annuity Model

The government has approved significant road development projects in Telangana. The Armoor-Jagtial-Mancherial section of NH-63 will be widened. The Jagtial-Karimnagar section of NH-563 will be four-la

Wed, 03 Jun 2026 18:21:38 +0530

RBI likely to hold rates as West Asia crisis impact on growth remains unclear: Bank of Baroda Report

The Reserve Bank of India is expected to hold interest rates steady on Friday, according to Bank of Baroda. The central bank will likely maintain a data-dependent approach, balancing growth concerns w

Wed, 03 Jun 2026 17:14:11 +0530

India-US trade agreement "99% there", last 1% being finalized: US Ambassador Sergio Gor

India and the United States are nearing a significant trade agreement. US Ambassador Sergio Gor revealed negotiations are almost complete. Both nations are finalizing the last technical details. This

Wed, 03 Jun 2026 17:03:30 +0530

Cabinet approves Rs 4,415 crore upgrade of 233 km NH-347B in Madhya Pradesh

The Cabinet Committee on Economic Affairs has approved a Rs 4,415.60 crore project to upgrade and widen NH-347B in Madhya Pradesh. The 233.653 km project will enhance connectivity, reduce travel time,

Wed, 03 Jun 2026 16:08:17 +0530

SC GST ruling on online gaming may cast wider tax net over casinos, horse racing

A recent Supreme Court judgment clarifies that the GST valuation framework applies broadly to all betting and gambling activities, not just horse racing. This ruling upholds the imposition of the top

Wed, 03 Jun 2026 15:51:27 +0530

India's fuel exports fall to lowest since 2022 amid refinery maintenance, domestic demand

India's refined fuel exports dropped significantly in May, reaching their lowest point since October 2022. Refinery maintenance, particularly at Reliance Industries' Jamnagar complex, reduced processi

Wed, 03 Jun 2026 15:28:49 +0530

RBI's rate-setting panel starts deliberations, policy announcement on Friday

The RBI's Monetary Policy Committee (MPC) began its three-day meeting on Wednesday, with most economists expecting the central bank to keep the repo rate unchanged at 5.25% when it announces its decis

Wed, 03 Jun 2026 15:26:55 +0530

Airlines' fuel, vehicle replacement & roadways in focus as Cabinet announces key decisions worth Rs 30,290 crore

The Union Cabinet has approved significant development initiatives totaling Rs 30,290 crore. A key focus is providing Rs 10,000 crore in budgetary support to Oil Marketing Companies. This aims to stab

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