BUSINESS
New GDP series to address IMF concerns, expect ratings to improve: Statistics Secretary Garg
The government is a looking at a five-year revision for GDP in line with the international norms, says Garg.
INDIA
India’s reliance on Israeli defence systems deepens as arms trade surges
Israel accounts for nearly half of India’s air defence and sensor imports
BUSINESS
Agri, live animal exports top RoDTEP utilisation; nearly 2% of exports availed benefits
Close to one-third of total RoDTEP outgo flowed to agriculture and allied sectors in FY23, prompting the government to shield them from incentive cuts
BUSINESS
GDP base revision may push FY26 growth higher; history points to upward bias
Shift to 2022-23 base year could lift headline growth and nominal GDP estimates as improved data coverage feeds into calculations
BUSINESS
Trump's new tariffs may still leave over $34 billion of Indian exports duty-free
Pharmaceuticals, electronics and petroleum products dominate exempted basket; civil aviation components secure notable carve-outs
BUSINESS
Trade deal with India stands, tariffs will continue, says US President Trump after Supreme Court ruling
Trump says Supreme Court ruling does not alter India trade framework; signals tariffs will remain in place
BUSINESS
50%, 25%, 18%, 10% or 3%? What tariff applies to Indian goods today - breaking down the post-ruling reality
US Supreme Court ruling resets duties to MFN rates, but temporary global levy and sector-specific tariffs will keep exporters on edge
BUSINESS
Side-effects of US SC ruling: India’s tariff edge over neighbours disappears
Rollback to MFN rates levels the playing field, removing the price advantage India briefly held over South and Southeast Asian exporters
BUSINESS
US Supreme Court ruling may provide further reprieve for a third of India’s US exports hit by tariff shock
Tariffs reverting to MFN levels could help labour-intensive sectors like textiles, gems and jewellery
BUSINESS
Over $8 billion of Indian exports still face US tariffs despite Supreme Court relief
Section 232 duties on steel, autos and metals keep about a tenth of shipments exposed even after reciprocal tariff rollback
BUSINESS
Core sector growth eases to 4% in January as energy output remains weak
Coal and steel support infrastructure output, but contraction in crude oil and natural gas keeps overall growth softer
INDIA
India-France defence ties move beyond fighter jets
France accounted for nearly 80% of India’s ship imports during 2019-2024, marking a sharp increase from around 16% in 2013-2018
ECONOMY
Business activity rises to a three-month high of 59.3 in February
The uptick was driven largely by a sharper increase in manufacturing output
BUSINESS
Digital gold, apparel and e-commerce drive January spike in digital payments
Digital gold purchases in January surged more than fourfold from a year earlier as overall digital transaction value rose to Rs 8.41 lakh crore
BUSINESS
Tamil Nadu tilts further towards welfare spending as social transfers gain priority in FY27
Rising allocations to social protection and income support come alongside reduced spending on industry, infrastructure-linked welfare and sanitation, reflecting a shift in Budget priorities
BUSINESS
Data is ‘raw material’ for AI, says statistics secretary Saurabh Garg
Garg described data as a potential “fifth factor of production”, alongside traditional inputs such as labour, capital, land and entrepreneurship
BUSINESS
Trump years saw India step up US cotton purchases; trade dynamics may shift again
India accounted for only 1.5% of US cotton exports in 2014, but that share rose to 7.7% by 2019
BUSINESS
Tamil Nadu’s subsidy bill swells as welfare push intensifies ahead of elections
In absolute terms, subsidy expenditure increased from roughly Rs 37,749 crore in FY24 to nearly Rs 59,526 crore, the highest in the country, in FY26
BUSINESS
India to remain fastest growing economy in Asia: Fitch Ratings
Fitch expects India’s economy to expand by 6.4 percent in 2026
BUSINESS
Pets, parties and personal effects drive January inflation despite softer food prices
Among the fastest rising categories, other personal effects recorded inflation of about 59%, far exceeding the national average
BUSINESS
Urban-rural inflation gap narrows as new CPI series reshapes price dynamics
The narrowing of the gap is largely attributable to changes in the weight assigned to food items in the CPI basket
BUSINESS
Telangana overtakes Kerala as highest inflation state, Assam records slowest rise
Most large states now hover close to the national average
BUSINESS
UP sees biggest Budget jump in 10 years as state gears up for polls
The state’s total expenditure is projected to rise to about Rs 9.13 lakh crore in FY27, up from roughly Rs 7.16 lakh crore in FY26, a 27% increase from the previous year
BUSINESS
January retail inflation at 2.75% in first print under new CPI series
First inflation reading under revised 2024-base series reflects lower food weight and broader consumption basket
