Business

China’s factory output contracts for fifth month: PMI at 49.4 in August; trade talks with US drag on

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China’s industrial production saw a slight uptick in August, though still contracting for the fifth month, amidst ongoing trade talks with the U.S. The Purchasing ...

UP’s Rampur mentha oil industry reels under US tariff: Exporters warn of losses as orders on hold; job cuts loom

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India’s mentha oil sector is facing a crisis as the US imposed a 50% import tariff just days ago, threatening exporters and agricultural workers. Order ...

India charts strategy to soften 50% US tariff on exports, govt working overtime with stakeholders: CEA Anantha Nageswaran

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CEA Anantha Nageswaran stated that the government is actively working with stakeholders to mitigate the impact of the US’s 25% additional tariff on Indian exports. ...

Some countries pressured us to open agriculture market; but India now stands tall: Agri minister Shivraj Singh Chouhan

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Union Agriculture Minister Shivraj Singh Chouhan says India now confidently engages globally in agriculture. He recalls past dependence on imported wheat. India achieved record agricultural ...

India to be third largest economy soon, says RBI Governor; lauded women, Jan Dhan scheme for growth push

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RBI Governor Sanjay Malhotra highlighted India’s imminent rise to the world’s third-largest economy, attributing this progress to the Pradhan Mantri Jan Dhan Yojana’s success in ...

Trade strategy: Piyush Goyal says India Inc in ‘cosy comfort zone’ of 1.4 bn market, urges global push amid US tariffs

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Piyush Goyal urged Indian businesses to explore global opportunities, noting the domestic market’s comfort zone. He dismissed negative narratives, highlighting the 7.8% GDP growth and ...

Fiscal roadmap: Govt on track for 4.4% deficit in FY26, DEA Secretary cites strong growth support

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Economic Affairs Secretary Anuradha Thakur affirmed India’s commitment to achieving its fiscal deficit target of 4.4% of GDP by 2025-26, despite recent concerns. She highlighted ...

Green finance: SBI inks 100 mn euro credit pact with AFD; targets stronger climate action

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State Bank of India (SBI) has secured a EUR 100 million Line of Credit agreement with Agence Française de Développement (AFD) at GIFT City to ...

Electronics push: Ashwini Vaishnaw inaugurates first tempered glass factory in Noida; Optiemus to invest Rs 800 crore

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Optiemus Infracom, in collaboration with Corning, has launched India’s first tempered glass manufacturing unit in Noida, with an initial investment of Rs 70 crore. The ...

Trump tariff: Ministry drafts multi-tier plan to shield Indian exporters; check key measures outlined

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The Commerce Ministry of India is developing a strategy. This strategy aims to support Indian exporters facing new US tariffs. The plan includes easing liquidity ...