Economy

Andhra Pradesh bags Rs 1,700 crore solar project lined up for Telangana

This comes close on the heels of the reported relocation of key investments from Telangana, like Corning International Corporation to Tamil Nadu and Kaynes Semicon to Gujarat

E-way bill generation slowed to 14.7% in February, shows GSTN data

Sequentially, the number of e-way bills dipped in February to 111.6 million, after rising for three consecutive months to touch a record 118.1 million in January

India shifting towards LNG term contracts despite falling spot prices: S&P

Asian importers have historically used oil slopes, calculated as a percentage of crude oil prices, as a proxy to price LNG contracts from a time when the LNG market was nascent

Our govt works very closely with India to reduce trade barriers: Southwell

It's been successful for both countries, not just for Australian exports to India but also for Indian exports to Australia, John Southwell said

BTA discussions: India eyes a bigger share of the US electronics market

In 2023, the share of US electronics imports from India was a mere 1.9 per cent of the $520 billion they imported. The total Indian electronics exports to the US was pegged at only $10 billion

BTA negotiations: India pushes for greater access to US organic market

Under mutual recognition agreements (MRAs) are bilateral pacts between countries, where they recognise each other's standards as well as the certification process

SDGs hard to achieve without meeting climate agreement goals: IPCC chair

With temperature having exceeded 1.5°C last year, if only temporarily for the moment, the world is entering a zone where the risks of climate change are high

Brazil COP to push for Global Ethical Stocktake, transition policies

Brazilian Minister of Environment and Climate Change, Marina Silva, said COP30 will also come up with roadmap to transition away from fossil fuels, triple renewable energy and double energy efficiency

RBI's fresh liquidity measures aimed at facilitating rate transmission

The RBI's active intervention in the foreign exchange market to avoid sharp decline in rupee against the dollar has been weighing on the banking system liquidity

Will keep India's interests on top in US trade talks: FM Sitharaman

Says govt seized of potential reciprocal tariff problems

India must prepare for greater responsibilities: NITI Aayog's Suman Bery

Echoing a growing sentiment from the top echelons of the government, Bery expressed disappointment over India Inc's reluctance to invest substantially in the economy

Private capex unlikely to pick up despite high profitability: Crisil

Rather than investing to create new capacities, India Inc has deployed money to retire debt and other measures rather than investing it even though the capacity utilisation levels are high

RBI's liquidity push aids sentiment, drives bond yields to 1-month low

The RBI said it will infuse over $21 billion of rupee liquidity into the banking system to ease lending conditions and support economic growth

India bought 112 billion euro worth of Russian oil since Ukraine war

China was the biggest buyer of Russian fossil fuel at EUR 235 billion (made up of EUR 170 billion for oil, EUR 34.3 billion for coal and EUR 30.5 billion for gas)

US crude exports to India hit over 2-yr high in Feb amid Russia sanctions

India said last month its energy purchases from the US could go up to $25 billion in the near future from $15 billion last year

Exporters seek import duty cuts to counter US steel, aluminium tariffs

The 25% US tariffs on steel and aluminium imports, effective March 12, have raised Indian exporters' concerns about declining orders and rising costs

70% women workforce participation by 2047 key to Viksit Bharat: Labour Secy

Dawra also highlighted the significant strides made by women in India's economic landscape

Boost in domestic, int'l demand drives growth in services PMI in February

The India Services Purchasing Managers' Index rose to 59 in February from a 26-month low of 56.5 in January

EU firms want removal of non-tariff barriers as part of FTA deal with India

The Survey provides an outlook and overview of evolving EU-India bilateral trade and investment ties as well as offers an insight into the opportunities and challenges faced by European businesses

Private investments may drop below 11% of GDP, says India Ratings

Private investment likely to fall further after hitting three year low in FY24, says India Ratings