Economy

J&K Assembly passes Rs 7,019 crore grants for five key departments

During discussions, the deputy chief minister highlighted that the public works department oversees a 40,000-km road network and is set to blacktop 4,000 kilometres of roads in 2025-26

J&K received 8,500+ investment proposals worth over Rs 1.69 trn: Dy CM

The government has provided land measuring for industrial purposes to 213 non-local people and 1,751 locals under the Industrial Policy 2016-26 and Industrial Land Allotment Policy 2021-30

India, China saw strong trade growth in Q4 2024 amid risks: UN report

Developing nations, particularly China and India, saw better than average trade expansion, while many developed nations experienced trade contractions

MSME industry bodies urge RBI to tweak norms for ecommerce exports

A digital verification system linked to bank accounts could further streamline the process

Govt likely to bring back single tax return system for search cases

Single return may cover six years plus part-year when investigation is done

Brics mulling national currencies to counter US threat: Brazil Ambassador

Brazil is optimistic about participation of economic actors, civil society, and businesses in the US to fight climate change

India-US discuss reciprocal tariffs, 1st phase of bilateral trade agreement

Goyal met key officials of the Donald Trump-led administration in Washington last week, including Greer, and his counterpart Howard Lutnick to discuss urgent trade issues

Inflation eases, but RBI may not go for aggressive rate cuts: Economists

India's headline CPI inflation eased to 3.61 per cent in February - the lowest since July 2024 - on the back of a sharp decline in food inflation, mostly due to lower vegetable prices

India to become world's third-largest economy by 2028: Morgan Stanley

According to Morgan Stanley, India was the 12th largest economy in the world in 1990, slipped to 13th position in 2000 before rising to 9th rank in 2020 and 5th in 2023

Rupee gains for third straight day; forex reserves surge $15 billion

The rupee gained 0.58 per cent against the dollar this month, while weakened 1.6 per cent in 2025

New IIP series may use GST data, be seasonally adjusted: MoSPI Secy

Besides, the new IIP series will be chain-based, as the annual survey of industries (ASI) data is available to adjust the weights of different industries

Centre assures exporters will protect their interests amid US tariff threat

The issues related to the country's exports were discussed during a virtual meeting chaired by Commerce and Industry Minister Piyush Goyal

RBI to set up 'On Tap' cohort on climate change risks: Guv Malhotra

As a central bank, he said the RBI is mindful of its role in addressing and mitigating risks to the financial system from climate change

Role of financial intelligence in exposing online child sexual exploitation

Effective regulation and collaboration between fintech platforms and law enforcement can significantly enhance OCSE detection

Food prices cool Feb inflation to 3.61%; IIP rises to 8-month high in Jan

Rajani Sinha, chief economist at CARE Ratings, said food inflation is likely to remain benign in the coming months but any weather-related disruptions could play spoilsport

Speed of digital penetration at individual level needs to be stepped up

The State of India's Digital Economy Report 2025 says that India is the third largest digitised country in the world at an aggregate level

US tariffs on steel & aluminium come into effect; MSMEs to be hit

While large steel players that produce carbon steel products may not see any major impact, since exports of such products is limited

India well placed to tackle Trump's tariff volleys: Blackstone CEO

Blackstone to invest $100 bn in India in future

Nandan Nilekani's 4 tips for India's economy to hit $8 trn mark by 2035

Outlining key factors for India's economic expansion, Nilekani spoke about the necessary "Big Unlocks" required to accelerate the country's growth rate from 6 per cent to 8 per cent

Dollar struggles to lift off lows as traders gear for potential trade war

President Donald Trump's unpredictable announcements on trade policy have whipsawed markets and drawn tariff retaliation from trading partners, ramping up a global trade war