Economy News

Experts call for incentives to fishermen for adopting sustainable practices

Centre allocated Rs 3,490 crore for fishing harbours to promote exports

The Centre has allocated Rs 3,490 crore as financial assistance to the states, Union Territories, and implementing agencies for the construction of fishing harbours, fish landing centres, and modernisation and maintenance dredging of existing fishing harbours to promote seafood exports which have doubled to Rs. 60,523.89 crore in the last 10 years, the Parliament was informed on Tuesday. Mar 18, 2025
India's trade deficit dips to 3-year low of $14.05 billion in February

India's trade deficit dips to 3-year low of $14.05 billion in February

India's merchandise trade deficit narrowed to an over 3-year low at $14.05 billion in February from $22.99 billion in January as exports held steady during the month while imports declined, according to the latest data compiled by the Ministry of Commerce and Industry. Mar 17, 2025
RBI likely to cut rates next month amid easing inflation: HSBC

RBI likely to cut rates next month amid easing inflation: HSBC

After the decline in retail inflation in February to 3.6 per cent, the March inflation print is also trending below the RBI's 4 per cent target which is likely to lead to another rate cut by the central bank next month, according to an HSBC Research report. Mar 14, 2025
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