Economy and Finance

From 167th position in 2014, smartphones become India’s top exported product, value of exports reach ₹2 lakh crore

Smartphone exports reached $18.31, surpassing automotive diesel fuel exports, which stood at $16.04 billion.

Finance ministry hands over ₹515.31 crore to Asset Disposal Committee for refund to victims of Rose Valley Ponzi scam

Union Minister of State for Finance Shri Pankaj Chaudhary handed over a Demand Draft of Rs. 515.31 crore to Justice D.K. Seth (Retd.), Chairman of the Asset Disposal Committee formed for the purpose of restitution of properties to legitimate investors in Rose Valley Ponzi scam

China hikes tariffs on imports from US to 125% after American levy on Chinese goods reached 145%

China on Friday hit back at the latest US tariffs by imposing 125 per cent tariffs on imports of all US goods

India revokes Bangladesh transshipment facility after ‘landlocked Northeast’ comment by Yunus: What it was, why revoked, and how it will impact already troubled Bangladeshi...

Indian government on Wednesday revoked the transshipment facility given to Bangladesh. Now Bangladeshi exporters will have to use longer routes, which will add significant delays and cost to the shipments

Trump tariffs not a complete setback, exemption expected: Commerce Ministry

Admitting that the reciprocal tariffs pose a challenge for India, the senior government official expressed hope that there is scope for negotiations.

Donald Trump Tariff Day: How the reciprocal tariffs proposed by the US President will impact Indian companies and the stock market

The Modi govt has been taking proactive measures, including trader negotiations, tariff relaxations, diversification and sectoral analysis to mitigate the negative impact of the US reciprocal tariffs.

Cabinet approves Electronics Component Manufacturing Scheme for making India Atmanirbhar in electronics supply chain, aims to generate production worth ₹4,56,500 crore

Union Cabinet chaired by Prime Minister Narendra Modi today approved the Electronics Component Manufacturing Scheme with a funding of ₹22,919 crore

India’s GDP reaches $4.3 trillion in 2025 from $2.1 trillion in 2015, registering a 105% growth

India has achieved a remarkable economic milestone, doubling its GDP from $2.1 trillion in 2015 to $4.3 trillion in 2025—a staggering 105% growth unmatched by any other major global economy

Union Cabinet approves incentive scheme for promotion of low-value UPI transactions among small merchants

The Union Cabinet chaired by PM Narendra Modi on Wednesday approved the 'Incentive Scheme for promotion of low-value BHIM-UPI transactions Person to Merchant (P2M)' for the financial year 2024-25.

RBI reassures depositors of IndusInd Bank, says the bank is well-capitalised & its financial position is satisfactory

Reserve Bank of India (RBI) on Saturday released a statement stating that IndusInd Bank is well capitalised and financially stable

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