“The US is one of India’s largest trading partners, so a 26 per cent tariff hovering over imports of Indian goods will heavily impede the trade balance,” Moody’s Analytics said.
West Bengal is a state uniquely positioned because it offers many advantages critical to the logistics sector.
The Reserve Bank of India on Wednesday projected India's GDP growth for 2025-26 at 6.5% amid the trade jitters due to the US tariffs.
RBI Governor Sanjay Malhotra on Wednesday announced a 25 basis cut in the policy rate from 6.25 per cent to 6 per cent and change in monetary policy stance from neutral to accommodative to accelerate economic growth.
India will remain the fastest growing economy among the advanced and emerging G-20 countries and the large size of its domestic market makes the country less vulnerable to potential shocks from US tariff policy.
India's agriculture sector is the backbone of the nation, directly or indirectly supporting nearly half the population.
The World Bank (WB) has warned that climate change could erode up to 12 per cent of Zimbabwe's Gross Domestic Product (GDP) annually if the country does not implement robust measures to tackle the phenomenon.
Initiatives by the government, including preventive measures, universal access to high-quality healthcare, strengthened public health infrastructure, and advancements in medical education, have collectively contributed to making healthcare in India more accessible and affordable for all, according to the Economic Survey 2024-25 tabled in Parliament on Friday.
The Indian automotive sector, which contributes approximately 7 per cent to the country’s GDP, is likely to see 70 per cent workforce expansion in the second half of FY25, a report showed on Thursday.
In a significant departure from its earlier policy focus, the Union government is stepping back from aggressive privatisation efforts and is instead investing heavily in reviving ailing state-run enterprises.
