Page 3 of ECONOMY

‘An absolute honour to launch TEPA’: Piyush Goyal on India’s pact with EFTA bloc

He said trade deals will give access to Indian exporters, Indian industry, Indian service providers and providing millions of jobs…

Updated: October 2, 2025 08:05 IST

India's New Project Announcements Plummet 46% to Five-Quarter Low / Representational Photo (Image Source: Reuters)

Project intent falls to five-quarter low in Q2

The value of new projects announced in India dropped sharply by 46% year-on-year to a five-quarter low of Rs 5.2 lakh crore in…

Updated: October 1, 2025 18:37 IST

Cheaper Swiss medicines, wines coming at a store near you

Tariffs on imports from Switzerland, Iceland, Liechtenstein and Norway will be reduced to zero in 5 years by India on…

Updated: October 1, 2025 10:19 IST

ADB trims FY27 growth projection to 6.5% for India

“The implementation of tariffs will weigh on growth, but the overall impact on GDP is expected to be contained due…

September 30, 2025 22:34 IST

RoDTEP scheme for exporters extended till March-end

“The timely extension of RoDTEP has removed the uncertainty that was weighing on the exporting community, ” president of Federation…

September 30, 2025 19:23 IST

EFTA trade pact effective today: Investment, services major gains for India

The biggest trade partner of India in the bloc, Switzerland, already has zero duties on industrial products so the additional…

September 30, 2025 19:13 IST

Fiscal deficit at 38% of FY26 target in April-August

Interestingly, the Centre’s non-interest revenue expenditure has contracted by 3.2% during the five months of FY26, which implies that this…

Updated: September 30, 2025 19:06 IST

Explainer: Why the rupee is hitting fresh lows

The Indian rupee’s depreciation in 2025 reflects a mix of global and domestic pressures. The dollar has shown mixed performance…

September 30, 2025 18:24 IST

India Inc steady in H1; tariff impact to be monitorable

“The upgrade rate of 14% is higher than the decadal average, and reaffirmation rates remain strong at 80%,” Subodh Rai,…

Updated: October 1, 2025 01:27 IST

Manufacturing growth can exceed GDP rate, says BCG India head

“Many sectors, including semiconductors and EV manufacturing, do require technology transfer and collaboration. This has started happening, including in battery…

Updated: September 29, 2025 20:29 IST

IIP grows 4% in August, manufacturing slows sequentially

The sharp revision in July from 3.5% reported earlier was due to the adjustment in manufacturing sector growth to 6%…

September 29, 2025 19:20 IST

Switzerland takes a fancy to Rudraksha

Swiss online retailers and yoga shops are increasingly marketing Rudraksha malas (prayer beads) as tools for a secular spirituality. The…

September 28, 2025 21:17 IST

Centre Announces Rs 6.77 Lakh Cr H2FY26 Borrowing, Cuts Share of Ultra-Long Bonds Amid Low Demand. (Image Source: Freepik)

Centre pegs H2 market borrowings at Rs 6.77 lakh crore

India’s government announced its H2FY26 gross market borrowing at Rs 6.77 lakh crore, including Rs 10,000 crore in Sovereign Green Bonds. The total FY26 borrowing…

September 26, 2025 20:42 IST

Telecom PLI gets DoT’s backing even as half firms miss incentives

Sources said that the DoT’s response to this effect assumes significance as only half of the approved firms have so…

September 23, 2025 09:51 IST

rice, basmati rice, economy, agriculture, agri-economy, food subsidy

FY26 food subsidy may exceed budget estimate by Rs 22,000 crore

Over 4.19 MT of rice from the FCI stocks have been offloaded in 2025-26 so far at subsidised rates through…

September 18, 2025 20:09 IST

Trade, Piyush Goyal, Economy, India-US, European Union

API makers to hold strong despite strong imports from China

As per the ratings agency, the API capacities are largely fungible in nature and domestic companies might be able to…

Updated: September 18, 2025 19:45 IST

free trade agreement, economy, trade, European Free Trade Association, EFTA

US may cut tariff on India to 10-15%: CEA

“It may also be the case that the reciprocal tariff of 25% may also come down to levels, which we…

September 18, 2025 19:03 IST

World Trade Organisation, WTO, trade, Ngozi Okonjo-Iweala

US tariffs not to hit WTO Cameroon meet: DG

WTO chief Ngozi Okonjo-Iweala said US tariff moves won’t derail the March 2026 ministerial meet in Cameroon, stressing the need…

September 17, 2025 19:45 IST

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What’s the true value of Tata Motors shares post-demerger? Nomura's PV and CV price target explained

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After years of commuting 50 miles each way, employee happily gives up office for remote work.

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UltraTech Cement Q2 results: PAT zooms 75% YoY to Rs 1,232 crore

Industry5 hr ago

UltraTech Cement, the market leader in the cement industry, reported a 75% increase in net profit for the quarter ended September 30. This was driven by improved sales and lower energy costs. The company’s revenue for the quarter was Rs 19,371 crore, up 21.32% year on year. UltraTech’s target capacity addition for FY26 is 14.1 mtpa, and it plans to invest Rs 10,255 crore.

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