Business
Exports To Marginally Grow In FY26 Despite Trump Tariffs: Analysts
NEW DELHI: While the US tariffs may shave off as much as $37 billion from merchandise exports, India’s overall shipments – goods and services combined– might still marginally exceed last year’s level in 2025-26, analysts reckon. However, the pace of growth will likely slow. “Combining goods and services, total...
FPIs Sell-Off Likely To Remain Bearish In The Near-Term
MUMBAI: Foreign portfolio investors (FPIs) continue to be bearish on Indian markets due to various factors. The recent acceleration in sales of ₹37,823 crore in August, marks the third biggest monthly outflow this year, after January and February outflows of Rs 72,677 crore Rs 46,599 crore, respectively. Overall, in...
Economy Spurts 7.8% In Q1 FY26 As Manufacturing, Agri, Services Shine
NEW DELHI: Beating forecasts, India’s economic growth accelerated to a five-quarter high of 7.8 per cent in the April-June 2025 period, driven by a sharp rise in manufacturing and services, defying expectations of a sequential slowdown indicated by high-frequency data. Most economists, however, believe the punitive 50 per cent...
$67 Billion In 10 Years: Japan Pledges Long-Term Investment Push In India
NEW DELHI: Japan on Friday set a target of 10 trillion yen ($67 billion) in private-sector investments in India over the next decade, as Prime Minister Narendra Modi appealed to Japanese firms to “make in India, make for the world”. At the 15th India-Japan Annual Summit in Tokyo, Modi...
Net FDI Falls 21.1% To $4.91 Billion In Q1 FY26 On Higher Outward Flows
MUMBAI: The net foreign direct investment (FDI) in India, the difference between gross inflows and outflows, declined 21.1 per cent year-on-year (YoY) to $4.91 billion in April-June 2025 period (Q1FY26) from $6.22 billion in April-June 2024, on higher outward investments from the country and repatriation/divestment, the Reserve Bank of...
Consumption Demand Becomes Broadbased; Government Capex Boosts Investment
NEW DELHI: In what could be a sign of recovery in consumption demand, growth in private final consumption expenditure (PFCE), which represents the economy’s consumption potential, improved to 7 per cent during April-June (Q1FY26) from a five-quarter low of 6 per cent in Q4FY25. Economists reckon this recovery could...
Investment Outlook Remains Cautiously Optimistic Going Ahead: RBI Study
MUMBAI: Lower investment announcements amid uncertain demand conditions, along with higher cash buffer, points to a cautiously optimistic outlook for private investment activity in the country, a study authored by Reserve Bank of India (RBI) staff in the August bulletin of the central bank said. “Looking ahead, the investment...
US Tariffs Pose Downside Risk To Aggregate Demand, Says RBI Report
MUMBAI: India–US trade policies pose a downside risk to aggregate demand, which is currently holding up due to benign financial conditions, the ongoing transmission of rate cuts, supportive fiscal measures and rising household optimism, the Reserve Bank of India’s monthly State of the Economy report said. The report noted...
Reversal Of Extra Tariff To Aid Revival Of BTA Talks With US: Official
NEW DELHI: The additional reciprocal tariff by the US on Indian exports need to be addressed for the resumption of negotiations on the Bilateral Trade Agreement (BTA) negotiations, though both sides remain in touch, a senior official said Thursday. “We are hopeful of getting back on the table soon…...
Manufacturing Pushes Industrial Output Growth To Four-Month High Of 3.5% In July
NEW DELHI: India’s industrial production growth accelerated to a 4-month high of 3.5 per cent in July this year due to good performance of manufacturing sector, according to official data released on Thursday. The country’s industrial output earlier recorded this level of growth at 3.9 per cent in March...
Top Four Life Insurance Companies Covered 14 Million Fewer Lives In FY25
MUMBAI: Some of the leading life insurance companies have reported a sharp decline in the number of lives covered in FY25, largely due to a slowdown in credit-linked life insurance policies. Stress in the microfinance segment has reduced loan disbursements and, in turn, the flow of new customers to...
Govt May Relax Press Note 3 To Allow Chinese FDI In Select Sectors: Report
NEW DELHI: The government is considering changes to Press Note 3 of the Foreign Direct Investment (FDI) policy in order to allow Chinese investments in certain non-strategic sectors, as per a report by CNBC-TV18. The move comes a few days after the 50 per cent Trump tariff took effect...
India Eyes Textile Push In 40 Nations To Cushion US Tariff Blow
NEW DELHI: India is preparing dedicated outreach programmes in 40 countries, including the United Kingdom, Japan, and South Korea, to boost textile exports as part of a broader strategy to shield its economy from the impact of steep new tariffs imposed by the United States. An official said on...
Finance Ministry Flags Secondary Impact Of Steep US Duties
NEW DELHI: The immediate impact of recent US tariffs on Indian exports may appear limited but their secondary and tertiary effects on the economy pose challenges that must be addressed, the finance ministry said in a report on Wednesday amid the US effecting a steep 50 per cent tariff...
Manufacturing GVA Grew 11.9 Per Cent In 2023-24, Shows ASI Data
NEW DELHI: India’s manufacturing sector gross value added (GVA) rose 11.89 per cent in 2023-24 (FY24), up from 7.28 per cent in the previous year, marking the second highest uptick in five years, even as output growth slowed to 5.8 per cent from 21.5 per cent in FY23, according...
AIBOC Opposes Centre’s Plan To Privatise IDBI Bank, Warns Of Social Risks
NEW DELHI: The All-India Bank Officers’ Confederation (AIBOC) has come out strongly against the Centre’s plan to privatise IDBI Bank, warning that such a step would undermine social justice, financial inclusion and the country’s economic sovereignty. Rupam Roy, general secretary of AIBOC, said the government’s proposal was a betrayal...
US Tariffs Threaten To Wipe Out India’s $17 Billion Oil Savings From Cheap Russian Oil
NEW DELHI: India saved billions of dollars by stepping up imports of discounted Russian oil in the wake of the war in Ukraine, but punitive tariffs imposed by the U.S. that came into effect on Wednesday will quickly undo the gains, with no easy solutions in sight. Analysts estimate...
India, US Hold 2+2 Dialogue On Trade, Defence After Tariff Tensions
NEW DELHI: Indian and US officials held a 2+2 Intersessional Dialogue on Monday where they advanced bilateral initiatives, discussed regional security developments, and exchanged perspectives on a number of shared strategic priorities, India’s Ministry of External Affairs said on Tuesday evening. The MEA said the officials discussed trade and...
