New Delhi: India’s index of industrial production (IIP) growth moderated to a five-month low of 4.1% in March, down from 5.1% in February, but improved from 3.9% in March 2025.…
Category: Economy
India’s fertilizer subsidy may jump 20% as Hormuz crisis spikes prices
New Delhi: India’s fertilizer subsidy bill is likely to increase 20% in the current financial year as the chokes West Asian supplies and drives up global nutrient prices, a senior…
India seals FTA with New Zealand, gets $20 bn investment pledge, duty-free access
Commerce and industry minister Piyush Goyal on Monday said the India-New Zealand free trade agreement (FTA) carries a $20 billion investment commitment from Wellington, signalling confidence in India’s growth story.…
India-New Zealand FTA: Temporary Employment Entry offers 5,000 work visas for skilled Indians — check key features
India and New Zealand finalised a free trade agreement (FTA) on Monday, granting duty-free entry for 100% of Indian exports, including critical sectors like textiles, gems and jewellery, leather footwear,…
Mapping the fallout: Which Indian sectors face risks from the West Asia war?
Two months into the West Asia war, a conflict that triggered the world’s greatest energy crisis, second- and third-order effects are surfacing everywhere, from falling fertilizer output and shortage of…
Oil jumps over 1% as US-Iran talks stall, Hormuz blockade deepens crisis
International oil prices rose over 1% on Monday morning amid a stalemate in US-Iran peace talks, intensifying concerns over supply disruptions through the Strait of Hormuz. At 7:25 am, the…
India to overhaul firefighting infra, rejig its vehicles and equipment
New Delhi: India is working on an overhaul of its firefighting vehicles—from identifying challenges in dense urban landscapes to building domestic testing capacity—as the government seeks to address critical gaps…
The FTA cautionary tale: What India-Korea trade warns us about new global deals
Earlier this week, commerce minister Piyush Goyal said that India and South Korea were working towards bilateral trade while reviewing a 16-year-old trade agreement between them. Signed in 2010, the…
Kedaara picks up 5% in Axis Finance for Rs750 crore, sets benchmark for IPO-headed NBFC
Axis Finance has secured ₹750 crore in primary capital from private equity firm Kedaara Capital for a 5.08% stake, the non-banking financial company’s parent Axis Bank said in a regulatory…
The week in charts: Fertilizer output, IT earnings, health spending survey
From fertilizer production falling to near five-year low in March, to foodgrain stocks surging to nearly three times the mandated buffer, to rural patients spending more than urban counterparts at…