Falling exports of tariff-free products to U.S. cause of concern: Congress

Falling exports of tariff-free products to U.S. cause of concern: Congress

Congress general secretary Jairam Ramesh. File | Photo Credit: Shiv Kumar Pushpakar The Congress on Tuesday (September 23, 2025) voiced concern over falling exports of tariff-free products like pharma and smartphones to the United States, saying it is “certainly not a seasonal fall”. In a post on X, Congress leader Jairam Ramesh said, “It was […]

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Exports up 6.7% to .1 billion in August, imports drop by 10%

Exports up 6.7% to $35.1 billion in August, imports drop by 10%

Exports were worth $32.89 billion in August last year and imports stood at $68.53 billion. (Representational image) | Photo Credit: Getty Images/iStockphoto India’s exports rose by 6.7% to $35.1 billion in August, while imports declined by 10.12% to $61.59 billion, according to official data released on Monday (September 15, 2025). Exports were worth $32.89 billion […]

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Inclusive development key to India becoming global power: Jitendra Singh

Inclusive development key to India becoming global power: Jitendra Singh

Union Science and Technology Minister Jitendra Singh. File | Photo Credit: ANI Union Science and Technology Minister Jitendra Singh said inclusive development is the key to India becoming a global power. Launching the Dharti Aaba Janjatiya Gram Utkarsh Abhiyan (DAJGUA) in Nagaland’s Wokha district on Tuesday (June 17, 2025), he urged the local youth to […]

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India poised to remain fastest growing major economy in FY26: RBI

India poised to remain fastest growing major economy in FY26: RBI

The Reserve Bank of India seal on a gate outside the RBI headquarters in Mumbai. File | Photo Credit: Reuters The country is poised to remain the fastest growing major economy in the world even in FY26, the Reserve Bank said on Thursday (May 29, 2025). The benign inflation outlook and a “moderation” in GDP […]

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IIP growth slows to an 8-month low of 2.7% in April

IIP growth slows to an 8-month low of 2.7% in April

Image used for representative purpose only. | Photo Credit: Reuters Growth in industrial activity in the country slowed to an eight-month low of 2.7% in April 2025, dragged down by lower activity in the mining & quarrying, electricity, primary goods, infrastructure & construction, and consumer non-durables sectors. According to the Index of Industrial Production for […]

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Tech lay-offs’ cascading effect on India’s economy

Tech lay-offs’ cascading effect on India’s economy

About 90 out of 100 senior tech professionals earning between ₹45 lakh and ₹70 lakh per annum today carry “a solid fear of losing jobs on their faces,’’ observed an IT sector recruiter who had interviewed them for various positions in the last one month. This fear seems to be spreading rapidly among techies. Following […]

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World Bank cuts India’s GDP growth forecast to 6.3% in FY24

World Bank cuts India’s GDP growth forecast to 6.3% in FY24

Image for representation purpose only. File | Photo Credit: Getty Images India’s GDP is expected to moderate to 6.3%, as against earlier estimate of 6.6%, due to moderation in consumption in FY24, the World Bank said in a report on Tuesday. Growth is likely to be constrained by slower consumption growth and challenging external conditions, […]

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2022-23 trade deficit with China crossed  billion by January

2022-23 trade deficit with China crossed $71 billion by January

India’s trade deficit with China touched $71.56 billion in the first ten months of 2022-23. Image for representation | Photo Credit: Getty Images India’s trade deficit with China has touched $71.56 billion in the first 10 months of 2022-23, just $1.7 billion short of the record high of $73.31 billion in 2021-22, as per data […]

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Claims of spike in poverty in India during COVID-19 patently false, says paper co-authored by Arvind Panagariya

Claims of spike in poverty in India during COVID-19 patently false, says paper co-authored by Arvind Panagariya

Claims of a spike in poverty and inequality in India during the COVID-19 pandemic are patently false as such claims are based on uncomparable different surveys, according to a paper co-authored by eminent economist Arvind Panagariya. The paper also noted that inequality fell in the country during Covid years, both in rural and urban areas […]

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Slowdown in GDP growth late last year temporary: Moody’s Analytics

Slowdown in GDP growth late last year temporary: Moody’s Analytics

The Moody’s Corporation headquarters in Manhattan, New York, U.S. | Photo Credit: Reuters Moody’s Analytics on March 7, said India’s domestic economy, rather than trade, is its primary engine of growth and the slowdown in economic activity late last year will only be temporary. The government data released last week showed India’s gross domestic product […]

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