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New Delhi4 minutes ago copy link Wholesale inflation (WPI) has increased to 0.83% in December. This is the high level of 8 months. Inflation has increased due to food items becoming expensive. Earlier in November it was at minus 0.32%. Whereas in October it had come down to minus 1.21%. Commerce Ministry has released wholesale…
India’s eight core infrastructure industries recorded a modest rise of 1.8 per cent in November, helped by strong output in cement, steel, fertiliser and coal, even as energy-linked segments such as crude oil, natural gas and electricity stayed under pressure. The data, released by the Ministry of Commerce and Industry on Monday, December 22, offer…
India’s Unified Payments Interface (UPI) is heading for its strongest month ever, with average daily transactions in October surging to Rs 94,000 crore, up 13 per cent from September, according to data from the National Payments Corporation of India (NPCI). With more than a week left in the month, UPI is on course to record…
New Delhi: India’s trade deficit is heading toward a worrying new mark. A latest report from the Union Bank of India estimates that the country’s trade gap may reach $28 billion (Rs 2.48 lakh crore) in September 2025, marking a sharp rise of nearly Rs 13,000 crore from August’s figure of $26.5 billion (Rs 2.35…
Hindustan Unilever Limited (HUL) said on Friday, September 26, that its sales in September were hit by temporary disruptions following recent changes in Goods and Services Tax (GST) rates. In a filing to the BSE, the company noted that while nearly 40 per cent of its portfolio now falls under a lower 5 per cent…
The Ministry of Finance will raise Rs 32,000 crore through the sale of two long-term government securities in an auction to be conducted by the Reserve Bank of India (RBI) on September 26 in Mumbai, according to an official statement. Two lots of Rs 16,000 crore each The first lot is the “6.68 per cent…
New Delhi: In a major embarrassment for US President Donald Trump, who in a rhetorical overdrive termed India as a “dead economy,” the country’s economic growth has accelerated to 7.8 per cent in the April to June quarter, fortifying its position as the world’s fastest-growing major economy. The strong economic performance amid the US tariff…
New Delhi: The extreme US tariffs are nothing less than “economic blackmail”, but they may also be the shock therapy India needs to break free of complacency and dependence, economists have stressed. If industry, policymakers, and diplomats act in concert, today’s tariff terror could become tomorrow’s trigger for transformation, they added. “The task ahead is…
New Delhi: India now faces a full-blown tariff offensive from Washington. U.S. President Donald Trump has already imposed a 25% tariff on Indian exports, alongside a 10% penalty aimed at punishing India’s continued energy trade with Russia. The combined blow could push duties on Indian goods to 35%, shaking the foundations of one of India’s…
Today, the same word is trending all over the world and that word is tariff. Today is 1 August and from today onwards, America’s last deadline over tariffs has ended. The White House has said in its latest statement that the new rates of tariffs will be effective from August 7 and countries which have…