Indian Economy

World Bank: India ranks 4th in income equality, ahead of US and China; 171 million lifted out of extreme poverty

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India is now a leading nation in income equality. World Bank data shows India’s Gini Index is better than many major economies. Poverty rates have ...

India-EFTA trade deal: Pact to kick in next couple of months, says Piyush Goyal; deal promises $100 bn investment & duty cuts on key goods

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Commerce and Industry Minister Piyush Goyal announced that the free trade agreement between India and the European Free Trade Association is expected to be implemented ...

India-EFTA trade deal: Pact to kick in next couple of months, says Piyush Goyal; deal promises $100 bn investment & duty cuts on key goods

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Commerce and Industry Minister Piyush Goyal announced that the free trade agreement between India and the European Free Trade Association is expected to be implemented ...

India-EFTA trade deal: Pact to kick in next couple of months, says Piyush Goyal; deal promises $100 bn investment & duty cuts on key goods

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Commerce and Industry Minister Piyush Goyal announced that the free trade agreement between India and the European Free Trade Association is expected to be implemented ...

Cartel probe: CCI seeks 9 years of financial records from UltraTech, Dalmia Bharat, others; flags ONGC tender cartelisation

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India’s Competition Commission (CCI) is scrutinizing UltraTech Cement, Dalmia Bharat, and Shree Digvijay Cement for potential competition violations in ONGC tenders. Following a DG report, ...

Forex watch: Forex reserves jump $4.84 billion to $702.78 billion, overall kitty inches closer to all-time high

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India’s foreign exchange reserves experienced a significant increase of $4.84 billion, reaching $702.78 billion for the week ending June 27, according to RBI data. This ...

‘India remains attractive to long-term global investors’

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BlackRock Investment Institute highlights India’s growing importance in global investments, driven by demographic shifts, digitalization, and supply chain changes. While neutral on short-term Indian stocks, ...

Bold, but difficult mission! How India wants to counter China’s rare earth magnets monopoly – explained

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China’s dominance in rare earth metals poses challenges for India, which seeks to establish a domestic production chain. Despite holding 6% of global deposits, India’s ...

CII projects India’s growth at 6.4–6.7% in FY26; reforms, demand to drive growth

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CII projects India’s economic growth at 6.4-6.7% for FY26, driven by strong domestic demand, while acknowledging geopolitical risks. The industry body proposes GST rationalization, tax ...

RBI lending directive: No more pre-payment charges; borrowers to get freedom from 2026

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The Reserve Bank of India (RBI) has prohibited banks and other regulated lenders from charging prepayment fees on floating-rate loans taken by individuals for non-business ...