LivePiyush Goyal Confident of US Tariff Relief, Highlights India’s Early Engagement
Commerce Minister Piyush Goyal said India is likely to get better tariff terms from the US than other exporting nations. This advantage is due to...
Category : ECONOMY
FTA Set to Boost India’s Share in UK’s Food & Marine Imports Beyond 2%
Under the India-UK Free Trade Agreement (CETA), Indian exports of agricultural, marine, and processed foods will receive zero-duty access. This applies to 95% of tariff...
Dairy Body Says High GST on Ghee Hurting Farmers, Boosting Unorganised Sector
The Indian dairy industry is urging the government to reduce the GST on ghee from 12% to 5%, arguing that the high tax is hurting...
Public Sector Banks Name 1,629 Wilful Defaulters Owing Over Rs 1.62 Lakh Crore: FinMin
India’s public sector banks have named 1,629 corporate borrowers as wilful defaulters, with unpaid loans totalling Rs 1.62 lakh crore as of 31st March, 2025,...
Japan Inflation Remains High Despite Cooling from Two-Year Peak
Japan’s inflation eased slightly in June but remained above the Bank of Japan’s (BOJ) target, keeping pressure on Prime Minister Shigeru Ishiba ahead of Sunday’s...
Karnataka GST Dept Uses UPI Data to Nab 13,000 Evaders; Vendors Avoid Digital Payments
Using digital payment data as evidence, the Karnataka State Commercial Taxes Department has issued show-cause notices to nearly 13,000 small businesses and street vendors. This...
Cabinet Clears PM Dhan-Dhaanya Scheme to Boost 100 Agri Districts, Aid 1.7 Cr Farmers
The Cabinet approves the PM Dhan-Dhaanya Krishi Yojana, a new scheme aimed at boosting farming in 100 low-performing agricultural districts across India. The scheme commences...
UK Inflation Surges Unexpectedly Amid Tax Hikes
UK inflation rose to 3.6% in June, the highest since January 2024, beating expectations of no change from 3.4%. Food prices jumped 4.4%, led by...
China’s Economy Grows 5.2% in Q2, Driven by Strong Exports
China’s economy grew 5.2% in the April–June quarter, slightly above expectations and exceeding Beijing’s full-year target. Strong exports—mainly to markets outside the United States—helped support...
India’s Wholesale Inflation Drops to 8-Month Low in June
India’s wholesale inflation (WPI) fell to -0.13% in June 2025, marking its lowest level since October 2023. In May, it stood at 0.39%. The drop...