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With numbers rising from 6.48 crore in FY20 to 8.56 crore in FY25 officials attribute the surge to digitisation, policy reforms, and compliance measures
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The government has waived the 11 per cent duty on raw cotton imports till September 30 to ease supply pressures on the textile industry. The relief coincides with Indian exporters facing a steep 50 per cent tariff in the US
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India is actively negotiating Free Trade Agreements (FTAs) with multiple countries including the US, EU, Oman, Chile, Peru, and New Zealand, Commerce Minister Piyush Goyal said during the BT India @100 event. With India now the world’s fourth-largest economy, Goyal affirmed that the nation is on track to become the third-largest.
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US tariffs on Indian exports, set to take effect August 7, will have a minimal GDP impact of 0.19%, affecting $8.1 billion in trade, says PHDCCI. The think tank has outlined a four-pronged plan to manage the fallout.
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Prime Minister Narendra Modi reiterated the government’s commitment to farmers and small industries amid rising global trade tensions. Responding to Trump’s tariff hike and claims about Russian oil, India stressed economic self-reliance and denied halting energy imports from Moscow
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New Delhi must absorb the tariffs temporarily without rushing into a one-sided deal
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The real estate firm's net profit touched Rs 598 crore, while sales booking fell 18 per cent to Rs 7,082 crore due to a high base effect
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Congress leader Rahul Gandhi attributed this to BJP's policies, further claiming a US trade deal will be dictated by Trump. Gandhi also criticised the government's handling of foreign policy and its alleged impact on India's global standing
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Commerce Minister Piyush Goyal criticised UPA-era trade deals and confirmed ongoing talks with the EU, US, and other nations
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Aiming for a final deal by end-2025, an interim agreement is being explored as talks progress, with the next round scheduled for September
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RBI’s June 2025 Financial Stability Report highlights India's improving banking health. However, rising household and public debt, and rapid unsecured retail lending point to potential risks amid uncertainties
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NTPC’s board has approved raising up to ₹18,000 crore via non-convertible debentures (NCDs) or bonds through private placement in the domestic market. Shareholders’ approval will be sought through a postal ballot, and funds will be raised in up to 12 tranches
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GDP can open doors, but it is the human development indices that reveal whether people are walking through them
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Naidu said India should strengthen its global product manufacturing capabilities and avoid falling into the middle-income trap.
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The size of the Indian economy rose to Rs 330.68 lakh crore or about USD 3.9 trillion, according to government data
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CII president asserted that the country must pursue bilateral trade pacts with key trading partners to protect national interests in the backdrop of increasing trade barriers
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She said global growth is expected to be steady in 2025, but with regional divergence
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The metric of success from now on would be 'What we want to achieve' as India has forward-looking approach, says Prime Minister
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Measures for the promotion of fisheries sector are in the right direction but the problem of overfishing persists
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"The month saw impressive milestones being reached, substantial growth in GST collections, and a significant rise in e-way bill generation, which points to an overall increase in economic activity. The stock market indices also reached record highs in July," the report states
