Sitharaman is currently in Milan to attend the four-day long 58th annual meeting of the Board of Governors of Asian Development Bank (ADB).
Escalating tensions with India could pose a significant threat to Pakistan's already strained economy. Comparatively, the macro-economic conditions in India would be stable with no expected disruptions to its economic activity, global ratings firm Moody's said on Monday.
Production of some key minerals in the country witnessed strong growth in FY 2024-25 after reaching record production levels in FY 2023-24, with the Iron ore accounting for 70 per cent of the total Mineral Conservation and Development Rules (MCDR) mineral production by value.
Indian startups raised approximately $102.93 million across 25 deals, with strong contributions from early-stage and growth-stage companies this week.
The government is committed to reducing logistical barriers and enhancing market access for Indian agri and processed food products, Commerce Secretary Sunil Barthwal said at a high-level Chintan Shivir, organised by the Agricultural & Processed Food Products Authority (APEDA) here on Sunday.
Uttar Pradesh has set a new record in paddy procurement by surpassing last year’s figure by 3.90 lakh metric tonnes, and reaching 57.70 lakh metric tonnes in 2024-25.
US President Donald Trump’s tariffs on steel and aluminium imports from anywhere in the world went into effect on Wednesday morning drawing swift retaliatory levies from the European Union and Canada.
The year-on-year inflation rate eased to an 7-month low of 3.61 per cent in February this year, which is 0.65 per cent lower than the corresponding figure for January, as food prices came down further during the month.
The food inflation in February has come down to the lowest level since May 2023 and is 222 basis points lower in comparison to January, according to the official statement.
It said that growth is primarily driven by robust demand from Global Capability Centers (GCCs) and the technology sector.
