Economy

Import stats for gold, silver, electronics lowered for April-November

The government has also revised the electronics import value for this period downward by $2.7 billion to $61.2 billion

Govt seeks suggestions to boost FDI inflows, may consider policy tweaks

The industry associations and legal players have been asked to submit their responses in the next two to three days on how to ease the norms

India's economy likely to grow 6.6% in 2025, 6.7% in 2026: UN report

The report highlighted that capital expenditure on infrastructure development is expected to have strong multiplier effects on growth in the coming years

E-way bills in December at second highest level in two years, shows data

E-way bills are mandatory for the movement of consignments worth more than Rs 50,000 and are, therefore, an early indicator of demand and supply trends in the economy

India adds record 24 GW solar power capacity in 2024: JMK Research

In a recent report, JMK said: "In 2024 (January to December), India added about 24.5 GW of solar and 3.4 GW of wind capacity

Climate change puts India's rice and wheat output at risk of 6-10% decline

Data from the National Innovations in Climate Resilient Agriculture predicts wheat yields may drop by 6-25% by the year 2100, while irrigated rice yields could fall by 7% by 2050 and 10% by 2080

India asks missions in 20 nations to boost market opportunities, export

The official said the missions were asked to market opportunities in these six sectors, competitors and specific companies

Govt to sign pact with Mongolia soon in area of geology and exploration

Mongolia is rich in deposits of copper and coking coal, and India is mostly dependent on imports to meet rising demand for the red metal

Days ahead of Union Budget, revenue secy Arunish Chawla shifted to DIPAM

DIPAM secretary Tuhin Kanta Pandey has been appointed as the new revenue secretary in place of Chawla

Unlisted firms outpace listed peers with faster revenue, earnings growth

The findings are based on a sample of 4,231 unlisted companies (excluding financial firms), compared with 3,575 listed non-financial companies

Business Standard poll: Experts see FY26 nominal GDP growth at 10-11%

The first advance estimates released by the National Statistics Office (NSO) on Tuesday estimated a nominal GDP growth of 9.7 per cent for FY25

Staffing firms cornered 30-40% of H-1B visas: Indo-US forum chief Aghi

Aghi talks on the challenges and opportunities in business between the US and India

Govt slashes Nov gold import data by $5 billion in commodity revision

The revised data also suggests a narrowing of India's trade deficit by $5 billion, reducing it to $32.8 billion in November from the previously reported all-time high of $37.8 billion

Aiming to produce 5 mn tonnes of green hydrogen by 2030, says PM Modi

Describing the state as a "land of possibilities and opportunities", Modi said the time has come for it to become a centre of new futuristic technologies

India Inc files ECB plans worth $ 2.83 bn in November, shows RBI data

Out of this, the intent for fund raising through the automatic route amounted to $1.39 billion and that via the approval route was $ 1.43 billion, according to RBI data

Consumer goods sector faces a muted quarter as urban demand stays sluggish

Despite these challenges, revenues for tracked companies are projected to grow 6 per cent year-on-year, primarily driven by price increases, while volume growth will stay in the low single digits

Centre slashes Nov gold imports by $5 bn in record commodity revision

The spike in gold imports widened the country's merchandise trade deficit to a record $37.84 billion in November, significantly exceeding economists' forecast of $23.9 billion

India's 2024 power output growth slowest since Covid-19, shows data

Power output rose 5.8 per cent annually to 1,824.13 billion kilowatt-hours (kWh), an analysis of daily load despatch data from federal grid regulator Grid-India showed

Centre focuses on new strategy to tackle mounting economic challenges

Asia's third-largest economy forecast annual growth of 6.4 per cent in the fiscal year ending in March, the slowest in four years

FY25 GDP growth of 6.4% underwhelms, but are there silver linings?

Headline growth was quite weak heading into the Covid period but averaged 6.4 per cent and 6.7 per cent in the five years between FY16 and FY20 for GVA and GDP, respectively