Rubio kicks off India visit with trade deal, Russian oil on agenda
During his two-day visit to Mumbai and Jamnagar, Rubio is set to meet EAM Jaishankar, Reliance Industries Chairman Mukesh Ambani, among others.
Economy
The latest economy stories, updated through the day.
The changing template of global growth—and what it means for India
The world economy may have remained resilient in 2026, but volatility and unpredictability are far from over, and their impact could weigh on India’s growth trajectory as well.
India-New Zealand trade pact takes effect on October 20: How it benefits both sides
India’s free trade agreement with New Zealand takes effect on October 20, offering Indian exports full duty-free access and targeting bilateral trade of about ₹35,000 crore by 2030. Key highlights of the pact here.
Amitabh Kant on how India’s semiconductor future is taking shape: 6 states with 12 projects, ₹1.64 lakh cr investments
Gujarat emerges as the largest semiconductor hub, with six approved projects, including Tata-PSMC’s ₹91,526 crore fabrication plant.
Is India’s solar power play facing its Icarus moment?
India’s electricity grid is struggling to keep up with its solar power boom. Can the government fix the infrastructure bottlenecks before they derail the country’s clean energy ambitions?
FM Sitharaman flags global capital moving towards US, AI-linked markets as a ‘concern’ for India in 2027
FM Nirmala Sitharaman warned that continued capital outflows and global investment shifting toward the US and AI markets pose major risks to India in 2027. Details here.
Piyush Goyal on China ties: India is ready to rebuild economic relations, but there's a catch
Piyush Goyal signals scope for renewed India-China economic ties, saying engagement must ensure fair terms, continuity and geopolitical stability.
IMF raises India's growth forecast for FY27 and FY28 amid strong domestic demand, credits AI for helping world economy
The IMF raised its 2026 global growth forecast, citing stronger-than-expected activity and AI investment. India’s growth outlook was upgraded for FY27 and FY28.
India's retail inflation jumps to 5.54% in Sept; highest under new CPI series
India’s retail inflation rose to 5.54% in September from 4.83% in August, driven mainly by higher food prices, government data showed. Details here.
Quarter of India’s labour force highly exposed to AI, says report
A new study shows nearly a quarter of India’s workforce is highly exposed to AI, with 7.6% gaining productivity and 11.4% facing substitution risk.
No special treatment for American firms as US-India ties sour
India refuses special treatment for Starlink amid souring US ties, enforcing full security rules while trade talks stall before US elections.
Centre considers funding, tax support for early SAF deployment
Centre explores funding, tax relief, and policy incentives to fast-track early SAF deployment, including VGF, concessional finance, and feedstock support.