Category: Politics

Amid global uncertainty, India’s economy seems to be in a sweet spot with inflation trending lower, exports looking up, financial markets booming, the banking sector in good health and geopolitical concerns easing up a bit. Finance minister Nirmala Sitharaman has much to smile about. In a wide-ranging interview with Deepshikha Sikarwar and Vinay Pandey, she spoke […]

The threat of mass shutdowns across the automotive supply chain is fading as Chinese rare earth magnets begin to flow, though automakers and suppliers say production plans still face uncertainties and a continued risk of shortages. European suppliers have received enough licences to avoid the widespread disruptions predicted earlier this month but hundreds of permits remain […]

India to need $1.3 trillion green, social funds by 2030, says report India will need $1.3 trillion in cumulative green, social, sustainability and sustainability debt (GSS) by 2030 as it transitions to decarbonising sectors like cement and steel, a report by Japan’s MUFG Bank and London based advocacy group Climate Bonds Initiative said. The report said […]

The report underscores that labour-intensive investments in both manufacturing and services could double overall employment, thanks to inter-sectoral linkages India has the potential to employ up to 35 crore workers in manufacturing and services sectors by 2030, but this will require a major push in skilling initiatives and investment, according to a new study by the […]

Washington, DC [US], June 27 (ANI): US President Donald Trump said on Thursday (US local time) that America has signed a deal with China and hinted that a “very big” deal with India will follow soon. Trump made the remarks while speaking at the Big Beautiful Bill event. In his speech hinting towards trade deals, Trump […]

Hopes of finalising an interim trade agreement between India and the United States are now hanging by a thread. Talks between the two sides have hit a stalemate due to unresolved disputes over duties on steel, auto parts, and agricultural goods, Reuters reported on June 26 citing Indian government sources. The impasse is particularly significant as […]

RBI can’t be very aggressive in cutting rates if Fed is not doing so in USA: Swaminathan Aiyar Swaminathan Aiyar, Consulting Editor, ET Now, says the Reserve Bank of India may cut interest rates, influenced by a potential US recession but the US Federal Reserve‘s stance on inflation and interest rates could limit RBI‘s actions. A […]

The 14 production linked incentive (PLI) schemes have witnessed investments worth Rs 1.76 lakh crore, generated production of over Rs 16.5 lakh crore and employment of over 12 lakh till March 2025, the government said Wednesday after commerce and industry, minister Piyush Goyal chaired a review meeting on the flagship programme. Goyal stressed on preparing a […]

Mumbai, Amid global uncertainties, various high-frequency indicators point towards resilient economic activity in India across the industrial and services sectors, the Reserve Bank Bulletin said on Wednesday. The global economy is in a state of flux, reeling from the twin shocks of trade policy uncertainties and a spike in geopolitical tensions, said an article in the […]

New Delhi, India must focus on the sectors in which it has competitive edge over other countries, and address the problems faced by the various stakeholders so that country’s exports can grow further, Commerce Minister Piyush Goyal said on Wednesday. Chairing a review meeting on production-linked incentive (PLI) scheme in various sectors, Goyal urged the need […]