Economy News

RBI lowers GDP growth forecast to 6.5 pc for 2025-26 as global uncertainties spike

The RBI's monetary policy committee has reduced its projection for India's GDP growth in 2025-26 by 20 basis points to 6.5 per cent from 6.7 per cent due to global trade and policy uncertainties in the wake of the US tariff hikes, Reserve Bank of India Governor Sanjay Malhotra said on Wednesday.

Apr 9, 2025

RBI's MPC meeting begins; SBI report says 25 bps rate cut likely

As the Reserve Bank of India (RBI) began its Monetary Policy Committee (MPC) meeting (from April 7-April 9) here, SBI Research on Monday said it expects a 25-basis point rate cut in the policy and cumulative rate cut over the cycle could be at least 100 basis points, with two successive rate cuts over February and April.

Apr 7, 2025

Direct impact of US tariffs on Indian sectors will largely be neutral: Report

The expected direct impact of US reciprocal tariffs would vary in nature for the sectors in India, with no impact on pharmaceuticals since they are exempt from reciprocal tariffs for now, a report said on Friday.

Apr 4, 2025

India's services sector activity remains buoyant in March

The HSBC PMI Index for India's services activity remained buoyant at 58.5 in March, which is well above its long-run average of 54.2 but a tad lower than February's reading of 59, according to data released on Friday.

Apr 4, 2025

Rupee strengthens against dollar amid Trump's reciprocal tariffs

The Indian rupee witnessed sharp gains on Friday at below 85 against dollar, as the dollar index and oil prices dropped sharply amid concerns over recession in the US economy after the reciprocal tariffs were announced.

Apr 4, 2025

India poised to lead South Asia in AI adoption with 1.25 mn professionals: Report

India is emerging as a leader in artificial intelligence (AI) adoption in South Asia, with a talent pool of 1.25 million professionals in the emerging technology, a report said on Thursday.

Apr 3, 2025

US tariffs give India a definitive edge over China in key sectors

PM Modi meets Thai counterpart as India and Thailand set to elevate ties to Strategic Partnership

The reciprocal tariffs imposed by the US will undoubtedly hit all countries but Indian exporters may emerge stronger as rivals, mainly, China faces steeper duties as high as 65 per cent and even beyond.

Apr 3, 2025

NE tea planters' body urge Centre, Assam govt to allow oil palm trees planting in tea gardens

Leading tea planters' body, the North Eastern Tea Association (NETA) on Thursday urged both Central and state governments to extend the National Mission on Edible Oils – Oil Palm (NMEO-OP) scheme in the tea estates of Assam for the cultivation of oil palm trees.

Apr 3, 2025

Antibiotics and resistance 'two-way street' between animals & humans

Experts welcome US reciprocal tariff exemption on pharmaceuticals, call to boost domestic manufacturing

Industry experts on Thursday welcomed the exemption of Indian pharmaceutical exports from Trump's reciprocal tariffs while also stressing the need to strengthen domestic manufacturing.

Apr 3, 2025

PM Modi's Cabinet approves ₹3,300 crore for 'Made in India' semiconductors

US tariffs on electronics: India emerges favourable among competitors

India has emerged favourably placed in the first round of reciprocal tariff announcements by the US, especially compared to key electronics export competitors like China, Vietnam, Thailand and Indonesia, following the extraordinary and relentless efforts by its negotiators and leaders, industry experts said on Thursday.

Apr 3, 2025

India less vulnerable to US tariff shocks than others: Report

India will remain the fastest growing economy among the advanced and emerging G-20 countries and the large size of its domestic market makes the country less vulnerable to potential shocks from US tariff policy.

Apr 2, 2025

India to continue as fastest-growing major economy globally: Report

New Economic Transformation Strategy for India

India stands at a decisive juncture where global disruptions, protectionist trade wars, capital market volatility, and technological shifts demand a recalibrated, multi layered, radical economic transformation strategy for India's economic drive to achieve the aspirational targets in a time bound accelerated manner.

Apr 2, 2025

Centre exploring new markets to boost fruit exports after robust growth

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Economy News

RBI lowers GDP growth forecast to 6.5 pc for 2025-26 as global uncertainties spike

RBI's MPC meeting begins; SBI report says 25 bps rate cut likely

Direct impact of US tariffs on Indian sectors will largely be neutral: Report

India's services sector activity remains buoyant in March

Rupee strengthens against dollar amid Trump's reciprocal tariffs

India poised to lead South Asia in AI adoption with 1.25 mn professionals: Report

PM Modi meets Thai counterpart as India and Thailand set to elevate ties to Strategic Partnership

NE tea planters' body urge Centre, Assam govt to allow oil palm trees planting in tea gardens

Experts welcome US reciprocal tariff exemption on pharmaceuticals, call to boost domestic manufacturing

US tariffs on electronics: India emerges favourable among competitors

India less vulnerable to US tariff shocks than others: Report

New Economic Transformation Strategy for India

Centre exploring to widen fruit exports to other countries

India's forex reserves surge by $4.5 billion to $658.8 billion

India least exposed to US tariffs as domestic demand offsets it: Morgan Stanley

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react