Economy

Manufacturing PMI dips to 14-mth low in Feb as new orders, production fall

Despite slowing to the weakest since December 2023, rates of expansion in output and sales remained elevated, according to a private survey

Relevance of gold as asset class to rise in coming years: CEA Nageswaran

He said that gold will remain relevant not only as a store of value, as an ornament for cultural and religious purposes, but also as an important portfolio diversification mechanism

Piyush Goyal heads to US for talks as Trump tariffs loom, say officials

Goyal's visit was sudden, as he departed after cancelling previously scheduled meetings until March 8

Indian manufacturing PMI at 56.3 in Feb, slowest expansion since Dec 2023

Feb manufacturing PMI: The decline was driven by weaker growth in output and sales, along with a slowdown in input purchasing to a 14-month low

Commerce minister Piyush Goyal to meet USTR ahead of tariff rollout

During US visit, commerce minister also expected to meet his US counterpart

Govt may ease norms to allow 2-month window for ITC on credit notes

Move would give taxpayers flexibility and preclude a financial burden

Any policy formulation must factor in uncertainty, says P K Mishra

The 1972-batch IAS officer spoke highly of the government's production-linked incentive (PLI) scheme but stressed the importance of its long-term evaluation

The Applecart upset: US reciprocal tariffs bite into India growth plans

Apple's rapid India pivot now faces a Trump-sized tariff pothole

Indians must work hard to achieve a $30 trn economy by 2047: Amitabh Kant

L&T's chairman's remarks have reignited the work-life balance debate, first triggered by Infosys co-founder Narayana Murthy's suggestion of a 70-hour workweek

Bharat is the fastest-growing global economy in last decade: VP Dhankhar

Referring to the growth trajectory of the country, he said that a phenomenal infrastructure growth was taking place in the nation

Statsguru: Youth employability declines amid looming AI disruption

The unemployment rate for those aged 15 and above with graduate-level education has dropped over the years in both rural and urban areas

Need 7.3% per capita income growth for 'Viksit Bharat' by 2047: Panagariya

India's per-capita income, in 2023-24 dollar terms, is about $2,570, which is very low compared to countries like South Korea, Taiwan, United States, and other European nations

India to remain fastest growing major economy with 6.5% growth in FY26: IMF

India's strong economic performance, the IMF said, provides an opportunity for the country to advance critical and challenging structural reforms to realise the goal of advanced economy by 2047

India's GDP growth picks up to 6.2% in Q3; FY25 projection now 6.5%

Data released by the Ministry of Statistics and Programme Implementation (Mospi) on Friday showed the economy is expected to grow at 6.5 per cent in FY25, marginally higher than the 6.4 per cent proje

Indian trade group asks govt to partly shift gold, silver imports to US

Gem and Jewellery Export Promotion Council says step will balance trade deficit with the US

India needs 7.8% growth for 22 yrs to be high-income by 2047: World Bank

Report highlights the need to cut import tariffs, simplify procedure to attract foreign investment

India, EU to push for long-pending free trade agreement by 2025-end

The trade deal will be accompanied with pacts on investment protection and geographical indicators

Lower tariffs can spur 7% growth, boost competitiveness: NITI's V-C

Big ideas take centre stage on concluding day of BS thought summit, as bureaucrats, corporate leaders, and startup pioneers converge

Oil on track for first monthly drop since Nov on Trump tariff concerns

Uncertainty surrounding OPEC's production resumption plans in April and ongoing talks to end the war in Ukraine also weighed on investor sentiment

India's economy unshaken by global risks: CEA V Anantha Nageswaran

The CEA noted that urban demand has strengthened while inflation is on a downward trend