Economy

India remains engaged with the US side for a mutually beneficial trade deal, says Commerce Secretary Rajesh Agrawal, as negotiations continue on tariff changes and non-tariff barriers

The terms of reference (ToR) outline the scope and modalities of a proposed trade pact

After an increase in January 2026, the urban unemployment rate among persons aged 15 years and above declined to 6.6 per cent in February 2026, falling below the December 2025 level (6.7%)

India will sign the trade pact with the US after Washington completes work on a new tariff architecture, Commerce Secretary Rajesh Agrawal said, adding there is no stand-off in the ongoing talks

Imports grew 24% in February to $63.71 billion, due to gold and silver imports, according to data released by the commerce department on Monday

Wholesale Price Index (WPI)-based inflation was 1.81 per cent in the previous month and 2.45 per cent in February last year

The government has amended Press Note 3 under the FDI policy, allowing investors from countries sharing land borders with India to hold up to 10 per cent non controlling stakes via the automatic route

Survey by LocalCircles found that households are rushing to buy induction cooktops, as delays in cylinder deliveries and supply disruptions linked to the West Asia conflict raise concerns

India's Brics presidency faces an early challenge as Iran seeks condemnation of US-Israel strikes, while fellow members Saudi Arabia and the UAE, targets of Iranian attacks, complicate consensus

Aviation, hospitality, travel, e-comm, q-com, logistics prepare for dent to bottomlines; IT services insulated for now

Third year of consecutive BoP deficit if oil stays above $100/bbl, to weigh on rupee

Rising crude prices and trade disruptions from the West Asia war are prompting economists to trim India's growth forecasts, threatening the economy's recent "sweet spot"

The country still faces a shortfall of 750,000 bpd of crude oil in March compared to Feb

Manufacturing projects worth over ₹1 trn nearing completion

Though some reports claim that authorities have started exploring alternative routes to quickly ship farm goods bound for West Asia, if the crisis continues, the losses could be substantial

India's net oil import bill could rise by $56-64 billion annually assuming global crude averages $110-115 per barrel in FY27

The rationale behind the request is to allow fair access to sell in the domestic market at a comparable rate with FTA partner nations

GJEPC says geopolitical tensions in West Asia have already cut India's gems and jewellery exports by 20%, warning the impact could reach $1.2 billion over the next three months

Periods of major wars - both global and regional - have frequently aligned with spikes in India's inflation

Jag Laadki is the fourth Indian-flagged vessel to have come out of the war zone unharmed