India and EU Pursue Groundbreaking FTA for Trade Enhancement, ETCFO

Commerce and industry minister Piyush Goyal said India and the European Union are looking forward to a robust, fair, equitable, balanced and a mutually beneficial win-win partnership in terms of an enduring free trade agreement (FTA). He was speaking at the annual session of the Automobile Component Manufacturers Association of India (ACMA) on Friday. EU trade […]

Indian Exporters Seek Relief from RBI Governor Amid Rising US Tariffs, ETCFO

Indian exporters, who are facing mounting pressure from steep US tariffs, met Reserve Bank of India governor Sanjay Malhotra Thursday to seek relief measures, including a moratorium on loan repayments and an interest subvention scheme. They also sought a dedicated 2.0-2.5% sub-target within the 40% priority sector lending (PSL) quota of banks. “Exporters met the RBI […]

New Reforms on the Table, ETCFO

The Employees’ Provident Fund Organisation (EPFO) is likely to deliberate next month on the EPFO 3.0 initiative, which is aimed at enabling bank-like seamless transactions, including withdrawal of a certain proportion of provident funds through ATMs or using them for UPI payments. Besides, the EPFO central board of trustees could also consider raising the minimum pension […]

Trump Signals Thaw in US-India Relations Amid Trade Tensions, ETCFO

In a surprising shift of tone, US President Donald Trump has signalled a thaw in the recently frosty relations between the US and India. Writing on Truth Social, Trump expressed optimism about the future of India-US trade relations, saying he looked forward to “a successful conclusion” to ongoing trade negotiations and a conversation with his “very […]

Will New US and EU Sanctions Amplify Economic Pressure on India?, ETCFO

Can there be more pain for India if the US, EU join hands? IndustryAs the Russia-Ukraine war continues into its fourth year, the United States and the European Union are preparing a new wave of economic measures aimed at tightening the financial noose around Russia. Central to this strategy is the deployment of secondary sanctions, targeting […]

₹16,000 Crore Incentive Scheme to Boost Indian Construction Equipment Manufacturing, ETCFO

The Indian construction equipment industry, inclusive of exports, grew 3 per cent in FY25, said Manish Mathur, CEO, cranes, at equipment maker ACE. The Centre is readying a programme to incentivise the local manufacture of key construction equipment to plug a yawning gap in India’s infrastructure development push that’s aimed at easing bottlenecks and boosting growth. […]

The Looming Threat to India’s Booming IT Industry, ETCFO

Can this American bill topple India’s showpiece industry? The US-India technology corridor, long seen as a mutually beneficial partnership, is facing fresh turbulence. A new piece of legislation introduced in the US Congress, the “Halting International Relocation of Employment Act” or HIRE Act, has the potential to upend the foundational model of India’s thriving IT services […]

India Accelerates Infrastructure Development for Viksit Bharat 2047, ETCFO

“>After the big-ticket goods and services tax reform, the Centre is keen to give impetus to infrastructure creation to further support growth. India is readying a big-ticket infrastructure push, focusing on large projects with long gestation periods. Officials said mega projects like bullet train corridors, large shipbuilding yards, multiple ports and cess control highways, in line […]