Economy News

Cargo containers are seen stacked outside the container terminal of Jawaharlal Nehru Port Trust

India's exports surge to record $820 billion in 2024-25 despite global challenges

India's goods and services exports have crossed a record $820 billion in financial year 2024-25, which represents a close to 6 per cent increase over the corresponding figure of $778 billion for the previous financial year, despite the economic uncertainties in global markets, according to data compiled by the Commerce Ministry. Apr 10, 2025
Reserve Bank of India (RBI)

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
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
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