BUSINESS
Relief for India’s banana, solar cell, and meat exports as Middle East balances a fragile ceasefire
Among the biggest beneficiaries are exporters of sheep and bovine meat, with the entire $176 million worth of Indian exports in this category headed to the region in 2024.
BUSINESS
Platform workers may also get life, accident insurance under new social security scheme
The government has already extended health insurance benefits to all gig workers under the Ayushman Bharat programme
BUSINESS
Statistics ministry to take a shot at household income survey again; sets up expert group
The ministry had first attempted to conduct such a survey in 1955, followed by another one in 1958, but did not release the results of the surveys.
BUSINESS
How India is shielding itself from geopolitical ups and downs
A Moneycontrol analysis shows that renewable energy now accounts for 36 percent of total installed capacity—almost double what it was a decade ago
BUSINESS
Govt works to count, secure Indian nationals in Iran amid tensions: sources
As of today, about 10,000–12,000 Indian-origin nationals live in Iran, including workers who are not permanent residents and students, sources said.
BUSINESS
India’s dependence on Middle East has declined over the past decade
Trade between India and the Middle East and North Africa region hasn't seen much progress. It was worth $217 billion in 2013 and grew to $224 billion in 2024. MENA's share in India’s trade has declined from 27% to 19.8%
BUSINESS
India's business activity rises to a 14-month high of 61 in June
The PMI has now recorded an above 59 reading for three months running, higher than 58.7 in the previous quarter
BUSINESS
MC Interview: MoSPI preparing framework for faster data revisions; incorporating AI/ML, says Minister Rao Inderjit Singh
With the overall guidance of NSC and the technological advancements adopted by MoSPI for conducting surveys, the time lag for releasing survey reports has been reduced considerably, said Singh.
BUSINESS
Core sector growth falls to nine-month low of 0.7% in May
A second consecutive month of tariffs in May continued to hurt India’s infrastructure performance
BUSINESS
Banana was India’s most exported fruit in FY25; shipments up seven-fold since FY18
Iraq accounted for 47 percent of India’s overall export of bananas in FY25, up 108 percent from the previous year.
BUSINESS
India moves a rung up to rank 15th among top FDI destinations in 2024
FDI though dips to $27.6 billion from $28.1 billion in 2023 despite a surge in greenfield project announcements, an UNCTAD report has said
BUSINESS
Checkmate: How Kesar, 'queen of mangoes', trumped 'king' Alphonso in exports
In FY25 , India exported 40% more Kesar mangoes — worth $11.5 million — than $8.6 million worth of Alphonso. In FY22, Alphonso outsold Kesar by nearly 50 percent
BUSINESS
From villages to tier II cities: New migration data to feature in Periodic Labour Force Survey from 2026
The last such effort was undertaken in 2020–21, which helped researchers gauge the devastating impact of the pandemic on migration and the subsequent return of people to rural areas
BUSINESS
India’s combined fiscal deficit to be 7% of GDP in FY26: Morgan Stanley Research
The central government’s fiscal deficit will consolidate gradually, reaching 4.4 percent of GDP in FY26, while the states’ deficit is expected to narrow to 2.6 percent
BUSINESS
More Indian students headed to Iran in 2024 than six years ago, fewer chose Israel
The number of students going to the Iran rose 2.7 times in six years, faster than almost all countries attracting over 500 students from India, except the United Kingdom.
BUSINESS
Monsoon slows after initial rush start, but it's not 2009 yet
Data from the India Meteorological Department shows that for the first 16 days of the year, rainfall was averaging 24 percent below normal. However, it is still far from 2009 levels, when the monsoon started early but petered out in the first few weeks
BUSINESS
How did China come to dominate the rare-earth trade? Production jumped ninefold in three decades
China's dominance in rare earth magnets came through strategic state support and access to raw materials, allowing it to undercut global rivals.
BUSINESS
Unemployment rate rises to 5.6% in May; female unemployment more than men
Women had a higher unemployment rate compared with men at 5.7 percent, up from 5 percent in the previous month
BUSINESS
Wholesale inflation falls to a 14-month low of 0.39% in May
The data indicates a continued cooling of inflation after the Consumer Price Index (CPI), too, dropped to a near six-year low of 2.82% during the month
BUSINESS
India among top 5 trading partners for both Iran and Israel
In India’s case, the nature of trade has evolved significantly since 2014. While India was Iran’s second-largest trading partner after China in 2015—facilitating trade worth $15.7 billion—it slipped to sixth place by 2023
INDIA
India’s tilt toward Airbus aligns with Indigo expansion
Air India, in its current form, has maintained a more balanced fleet, having taken delivery of 122 Boeing aircraft and 114 Airbus planes between 2006 and 2025
BUSINESS
India’s trade with Iran has shrunk 87% since 2019 US sanctions; exports shift toward consumer goods
Mineral fuels, which once formed the backbone of India’s imports from Iran, accounting for over 90 percent of the total, have witnessed a near-complete collapse. Trade in this category has plummeted by 99 percent since 2019
BUSINESS
Brothers in arms: India-Israel weapon trade up 33-fold at $185 million in 10 years
Though Israel’s exports to India have declined over the years, the arms and ammunition trade between the two countries has grown to $185 million from $5.6 million in 2015
INDIA
US, Japan and China account for 40% of Boeing Dreamliners, India ranks ninth in total deliveries
India ranks ninth, having received 33 Dreamliners, or 2.8 percent of the 1,189 Boeing 787 aircraft delivered globally until June 2025.
