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Economy & Policy News

How US levy could play out: Export tariff rates before and after April 9

EY analyses how the US move would pan out across sectors in India

How US levy could play out: Export tariff rates before and after April 9
Updated On : 05 Apr 2025 | 12:47 AM IST

US tariffs: Govt tightens vigil on China imports amid dumping concerns

The Department of Commerce has been holding internal meetings, chaired by Commerce Secretary, to firm up a strategy in this connection

US tariffs: Govt tightens vigil on China imports amid dumping concerns
Updated On : 05 Apr 2025 | 12:17 AM IST

RIL, Nayara in US tariff crosshairs on exposure to Russia and Venezuela

India may run a $36 billion trade surplus with the US but incurs a trade deficit in energy, according to the Indian government data

RIL, Nayara in US tariff crosshairs on exposure to Russia and Venezuela
Updated On : 04 Apr 2025 | 11:52 PM IST

Datanomics: India's BoP moderately weakened even before Trump's tariffs

This happened because there was capital outflow of around $27 billion on a net basis between October-December against a net inflow of $36 billion during July-September in FY25

Datanomics: India's BoP moderately weakened even before Trump's tariffs
Updated On : 04 Apr 2025 | 11:50 PM IST

Rubber makers brace for cuts in output as Türkiye may gain edge in US mkt

Farmers' groups brace to fight against impact on growers

Rubber makers brace for cuts in output as Türkiye may gain edge in US mkt
Updated On : 04 Apr 2025 | 11:45 PM IST

India, EU to step up trade talks after US imposes reciprocal tariffs

The geopolitical uncertainties are forcing European nations to scout for new markets, including India, considering it is one of the fastest-growing large economies

India, EU to step up trade talks after US imposes reciprocal tariffs
Updated On : 04 Apr 2025 | 11:40 PM IST

RBI proposes new regulations for export, import transactions under Fema

In July last year, the RBI had issued the draft, and based on the feedback received from the public and subsequent further consultations with various stakeholders

RBI proposes new regulations for export, import transactions under Fema
Updated On : 04 Apr 2025 | 9:47 PM IST

Cabinet approves four rail projects in three states worth Rs 18,658 crore

Projects will give rail connectivity for 4.7 million people, 88 million tonnes goods

Cabinet approves four rail projects in three states worth Rs 18,658 crore
Updated On : 04 Apr 2025 | 7:53 PM IST

RBI to issue ₹10, ₹500 notes bearing signature of Governor Malhotra

The RBI said that all banknotes in the denomination of ₹500 in the Mahatma Gandhi (New) Series and ₹10 issued in the past will continue to be legal tender

RBI to issue ₹10, ₹500 notes bearing signature of Governor Malhotra
Updated On : 04 Apr 2025 | 6:45 PM IST

Forex reserve sees rise of $6.59 bn in last week of March, hit 5-month high

India's forex kitty jumped USD 6.596 billion to USD 665.396 billion during the week ended March 28, the RBI said on Friday.

Forex reserve sees rise of $6.59 bn in last week of March, hit 5-month high
Updated On : 04 Apr 2025 | 5:45 PM IST

Govt approves four railway ministry projects worth ₹18,658 crore

These four projects, spread across 15 districts in Maharashtra, Odisha, and Chhattisgarh, will expand the Indian Railways network by approximately 1,247 km

Govt approves four railway ministry projects worth ₹18,658 crore
Updated On : 04 Apr 2025 | 5:37 PM IST

Higher US tariffs on rival manufacturing hubs can benefit India: MAIT

About 60 countries will see tariffs higher than 10 per cent. The baseline 10 per cent tariff becomes effective on April 5 then any higher tariffs will come into effect on April 9

Higher US tariffs on rival manufacturing hubs can benefit India: MAIT
Updated On : 04 Apr 2025 | 5:24 PM IST

US tariffs to have small, indirect impact on India: NITI member Virmani

In the long term, the eminent economist said the final BTA with US will aim to enhance the potential gains during the next 5 to 10 years

US tariffs to have small, indirect impact on India: NITI member Virmani
Updated On : 04 Apr 2025 | 4:02 PM IST

RSS economic wing calls for India 'dumping' WTO, TRIPS amid Trump's tariffs

The TRIPS Agreement is a WTO framework that sets minimum standards for the protection of intellectual property rights like patents, copyrights, and trademarks

RSS economic wing calls for India 'dumping' WTO, TRIPS amid Trump's tariffs
Updated On : 04 Apr 2025 | 1:35 PM IST

India's March services growth moderated, inflation eased sharply: PMI data

The HSBC final India Services Purchasing Managers' Index, compiled by S&P Global, fell to 58.5 last month from 59.0 in February, but was higher than a preliminary estimate

India's March services growth moderated, inflation eased sharply: PMI data
Updated On : 04 Apr 2025 | 11:17 AM IST

RBI to cut rates three more times this year on tariff threat, says Citi

India's economy is forecast to grow by 6.7 per cent in the current financial year, according to the central bank's estimate released in February

RBI to cut rates three more times this year on tariff threat, says Citi
Updated On : 04 Apr 2025 | 9:15 AM IST

Wall Street plunges as US tariffs trigger recession fears; Dow falls 3.3%

Apple leads declines among Big Tech; retail stocks slump on Asia tariff worries

Wall Street plunges as US tariffs trigger recession fears; Dow falls 3.3%
Updated On : 04 Apr 2025 | 1:04 AM IST

Mixed bag for India as US President Donald Trump unleashes tariff war

27% US levy on Indian goods threatens biggest export market; could dent domestic GDP growth by 30-50 basis points in FY26

Mixed bag for India as US President Donald Trump unleashes tariff war
Updated On : 04 Apr 2025 | 1:01 AM IST

US tariffs: Manufacturing, retail growth for IT companies may take a hit

Could lead to slower decision making, less discretionary spending on new-age technology

US tariffs: Manufacturing, retail growth for IT companies may take a hit
Updated On : 04 Apr 2025 | 12:42 AM IST

India's shrimp exports to US seen badly hit due to high reciprocal tariffs

Experts suggest scouting new markets in China, Europe and Middle-East for Indian shrimps

India's shrimp exports to US seen badly hit due to high reciprocal tariffs
Updated On : 04 Apr 2025 | 12:28 AM IST