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Moody's Ratings has slashed India's economic growth estimates for the current fiscal to 6% from 6.8% earlier, saying the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks. In its credit opinion report on India, Moody's said prolonged disruptions, particularly LPG shipments due to the conflict, would lead to near-term household shortages, higher fuel and transport costs, and spillovers to food inflation through India's reliance on imported fertilisers. Moody' ...Read More >

New Delhi [India], April 6 (ANI): India's metal and mining sector is poised for a near-term recovery, supported by improving domestic demand and a rebound in commodity prices, even as global geopolitical disruptions continue to shape supply dynamics, according to a recent report by Anand Rathi. The report highlighted that India remains structurally well-placed in the global metals cycle, driven by strong internal consumption trends. "India remains at the center of the global ferrous growth stor ...Read More >

New Delhi: Global rating agency Moody's Ratings slashed India's economic growth estimates for the current fiscal to 6 per cent from 6.8 percent earlier, saying the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks as well. "While inflation remains contained for now, geopolitical risks have tilted the inflation outlook to the upside," Moody's said in its credit opinion report on India, while projecting inflation to average 4.8 per cent in FY27, up from 2.4 per ...Read More >

New Delhi: Moody's Ratings has slashed India's economic growth estimates for the current fiscal to 6 per cent from 6.8 per cent earlier, saying the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks. In its credit opinion report on India, Moody's said prolonged disruptions, particularly LPG shipments due to the conflict, would lead to near-term household shortages, higher fuel and transport costs, and spillovers to food inflation through India's reliance on imp ...Read More >

Telangana Chief Minister A. Revanth Reddy on Friday (April 3, 2026) wooed textile industry to invest in the State by assuring best infrastructure, land, power, water, incentives and government support aimed at fastest execution of the projects. "I have policies that can match the best globally. Most importantly, we have the best human resources. If you have a vision, we are your perfect partner for global success," he said at the 13th Asian Textile Conference (ATEXCON 2026) in Hyderabad. Asser ...Read More >

Hyderabad (Telangana) [India], April 3 (ANI): Telangana Industries Minister D. Sridhar Babu on Thursday said that global developments such as US tariff measures and the ongoing West Asia conflict are impacting the textile industry, and stressed the need for India to focus on its large domestic market to sustain growth. Speaking to the media at the 13th Asian Textile Conference (ATEXCON 2026), the minister highlighted that the textile sector was among the first to be affected by rising trade bar ...Read More >

Telangana Industries Minister D. Sridhar Babu said global issues like US tariffs and West Asia conflict are impacting the textile industry. He urged a focus on India's large domestic market to sustain growth, leveraging local skills and technology. Telangana Industries Minister D. Sridhar Babu on Thursday said that global developments such as US tariff measures and the ongoing West Asia conflict are impacting the textile industry, and stressed the need for India to focus on its large domestic m ...Read More >

Hyderabad (Telangana) [India], April 3 (ANI): Telangana Industries Minister D. Sridhar Babu on Thursday said that global developments such as US tariff measures and the ongoing West Asia conflict are impacting the textile industry, and stressed the need for India to focus on its large domestic market to sustain growth. Speaking to the media at the 13th Asian Textile Conference (ATEXCON 2026), the minister highlighted that the textile sector was among the first to be affected by rising trade bar ...Read More >

The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) completes four years since its signing today, marking an important milestone in the evolving economic partnership between India and Australia, stated the Ministry of Commerce & Industry. Since its signing on April 2 2022, the Agreement has played a pivotal role in enhancing trade flows, fostering industry linkages, and creating new opportunities for businesses, entrepreneurs, and employment in both countries. Trade grow ...Read More >

New Delhi [India], April 2 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday met with Russia's First Deputy Prime Minister Denis Manturov in New Delhi and discussed ways to strengthen bilateral trade and investment ties between the two countries. According to a post on social media platform X by the Ministry of Finance, the meeting focused on expanding economic cooperation and other areas of mutual interest between India and Russia. Also Read | Bengaluru Horror: Man Steps on Wife's ...Read More >

New Delhi [India], April 2 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday met with Russia's First Deputy Prime Minister Denis Manturov in New Delhi and discussed ways to strengthen bilateral trade and investment ties between the two countries. According to a post on social media platform X by the Ministry of Finance, the meeting focused on expanding economic cooperation and other areas of mutual interest between India and Russia. "Union Minister for Finance and Corporate Affairs ...Read More >

New Delhi, [India] December 17 (ANI): Domestic steel demand is expected to remain healthy at around 8 per cent in FY2026; however, continued weakness in steel prices is likely to keep operating margins of steel producers under pressure, according to a report by rating agency ICRA. The report says, the operating environment for domestic steelmakers will remain challenging over the coming quarters amid subdued steel prices, stable but sticky input costs, and an unfavourable global environment. Th ...Read More >

Visakhapatnam, Nov 14 (PTI) Commerce and Industry Minister Piyush Goyal on Friday said India is negotiating free trade agreements at present with countries, including the US, European Union, New Zealand, Oman, Peru and Chile. He also said that the India Trade Promotion Organisation (ITPO) would be happy to join hands with the Andhra Pradesh government to develop a world class convention centre - Andhra Mandapam - here like Bharat Mandapam in New Delhi. The minister added that lowering trade ba ...Read More >

New Delhi [India], November 7 (ANI): India and the European Union (EU) made significant progress in the ongoing Free Trade Agreement (FTA) negotiations during a week-long round of discussions held in the national capital, according to an official release on Friday. According to a release issued by the Ministry of Commerce and Industry, the negotiations took place from November 3 to November 7, with a senior EU negotiating team visiting India to engage with their Indian counterparts in advancing ...Read More >

New Delhi, Nov 7 (SocialNews.XYZ) India and the European Union (EU) had a week-long discussion as part of the ongoing effort for a comprehensive and balanced trade agreement, the Ministry of Commerce and Industry said on Friday. A team of negotiators from the EU visited India to have a comprehensive discussion on the proposed free-trade agreement (FTA). "A senior team of negotiators from the European Union (EU) visited New Delhi from November 3 to 7, 2025, for negotiations with Indian counterp ...Read More >

The latest World Economic Outlook (WEO) report suggests that India's domestic strength continues to offset the impact of rising US tariffs and global trade tensions. India's Growth Outlook According to the IMF, the 6.6% forecast reflects strong performance in the first quarter of 2025, which helped neutralise much of the tariff-related impact on exports. However, the figure is 0.2 percentage points lower than the pre-tariff projection made in October 2024. India's economic expansion is expect ...Read More >
India is set to outpace China, which is expected to grow at 4.8%. New Delhi: The International Monetary Fund (IMF) has predicted that India will continue to be one of the fastest-growing 'emerging market and developing economies' in 2025-26, growing at a rate of 6.6%, according to the World Economic Outlook (WEO) report. This upward revision is attributed to strong economic performance in the first quarter, which has more than offset the effects of increased US tariffs on Indian goods. India ...Read More >

Martin Saladin, Head of Promotion Activities Directorate at State Secretariat for Economic Affairs Martin Saladin, Head of the Promotion Activities Directorate at the State Secretariat for Economic Affairs, SECO, the Swiss government, on Wednesday said that Switzerland is shifting its focus towards India as a strategic economic partner amid the US trade tariffs. On US tariffs, Saladin said, "This is a concern. Obviously, Switzerland has also very high tariffs at the moment with 39 per cent. Th ...Read More >
BENGALURU: A day after Biocon chief Kiran Mazumdar-Shaw highlighted Bengaluru's "creaking" infrastructure, Karnataka's deputy CM D K Shivakumar Wednesday accused her of "betrayal" and of tarnishing the very state and country that helped her succeed as an entrepreneur.However, people sprang to her defence, accusing the government of displaying hostility towards those who speak up, and of refusing to accept constructive criticism.On her part, Shaw on Wednesday blamed previous governments' inaction ...Read More >

New Delhi: The United States has trapped the world in a complex web of tariffs. For India, the only effective way to break through this maze is a bilateral trade deal with Washington. Talks on such an agreement have recently gained momentum. A senior Indian delegation is travelling to America this week to advance negotiations that began in February. "The Indian team will visit this week," said an official close to the development. This visit marks the next step in a series of discussions aimed ...Read More >

New Delhi, Oct 7 (Prensa Latina) Commerce and Industry Minister Piyush Goyal, who concludes his visit to Doha, and his counterpart Sheikh Faisal bin Thani bin Faisal Al Thani, agreed to boost an ambitious India-Qatar comprehensive economic partnership. Both ministers agreed to work on the first day of the joint trade commission, being held in Doha, the capital of Qatar, to analyze new actions to boost bilateral trade. The meeting focused on strengthening bilateral trade and investment ties, ad ...Read More >

New Delhi, Oct 6 (Prensa Latina) Indian Minister of Commerce and Industry Piyush Goyal traveled to Doha to co-chair the meeting with Sheikh Faisal bin Thani bin Faisal Al Thani, his Qatari counterpart, on trade and to discuss new actions to boost bilateral trade. Goyal's visit underscores the importance India places on its trade and investment ties with Qatar, one of the most important trading partners in the Gulf Cooperation Council (GCC), with bilateral trade estimated at more than US$14 bill ...Read More >

New York [US], September 27 (ANI): India's upcoming BRICS Chairship in 2026, a firm stand against terrorism, a renewed call for UN Security Council (UNSC) reforms, and alarm over trade-restrictive measures dominated discussions at the BRICS Ministers of Foreign Affairs meeting held on the margins of the 80th United Nations General Assembly (UNGA80). The meeting held on Friday (local time) was chaired by India, with External Affairs Minister S Jaishankar leading the session as India prepares to ...Read More >
NEW DELHI (Reuters) -India and the United States will hold trade talks in New Delhi on Tuesday, weeks after President Donald Trump imposed punitive tariffs on the South Asian nation's exports, slowing its overall shipments to a nine-month low in August. India and the United States will "fast-track" trade talks, Rajesh Agarwal, India's chief negotiator and a special secretary in its commerce ministry, told reporters at an event for the release of trade data, but gave no details. U.S. trade repr ...Read More >
New Delhi: After a brief pause, trade talks between India and the United States are set to resume on September 16. The U.S. Chief Trade Negotiator, Brendan Lynch, along with his team, is scheduled to arrive in India tonight. Full-day discussions between the two nations are expected to take place on Tuesday, focusing on the proposed bilateral trade agreement. Secretary in the Ministry of Commerce, Sunil Barthwal, confirmed this development and stated that India is now open to pursuing Free Trade ...Read More >

The US president's remarks come as he pressures EU leaders to join him in punishing India and China for buying Russian oil US President Donald Trump said he intends to speak to Indian Prime Minister Narendra Modi "in the coming weeks" and expressed optimism that the two leaders would be able to reach an agreement to resolve a blistering trade fight. "I am pleased to announce that India, and the United States of America, are continuing negotiations to address the Trade Barriers between our two ...Read More >

New Delhi, Sep 12 (PTI) India and the European Union (EU) are now maximising their efforts to finalise negotiations for a proposed free trade agreement by the end of this year, with both sides stressing their commitment to a comprehensive and balanced pact to benefit businesses and consumers. The official team of India and the EU are engaged in the 13th round (September 8-12) of negotiations for the agreement here. EU Trade Commissioner Maros Sefcovic and the European Commission's Agriculture ...Read More >

New Delhi, Aug 28 (PTI) India's gains from importing discounted Russian oil are estimated to be just USD 2.5 billion per annum, significantly lower than the previously speculated range of USD 10-25 billion, a research report said on Thursday. Stopping Russian oil imports would force India, the world's third-largest oil importer and consumer, to rely on limited alternatives, potentially driving global crude prices up to USD 100 per barrel amid rising demand and tight supply. "Benefit from Russi ...Read More >

New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including ...Read More >
By Krishna N. Das and Tamiyuki Kihara NEW DELHI/TOKYO (Reuters) -Indian Prime Minister Narendra Modi heads overseas on Thursday to meet the leaders of China, Japan and Russia, seeking to build closer diplomatic ties as New Delhi battles fallout from U.S. President Donald Trump's escalating tariff offensive. By drawing nearer to some of the world's largest economies, including his first visit to China in seven years, Modi hopes to to boost support for his flagship "Make in India" initiative, ma ...Read More >
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