Mumbai, Feb 6 (IANS) The Reserve Bank of India has raised its real GDP growth projections for Q1 and Q2 of 2026-27 to 6.9 per cent and 7.0 per cent, respectively, RBI Governor Sanjay Malhotra announced on Friday.Explaining the rationale behind the hike in the growth forecast, Malhotra said, looking ahead, sustained buoyancy in the services sector, GST rationalisation, healthy rabi prospects, monetary easing and benign inflation environment should support private consumption. Investment activity,…
Latest Trade agreements News & Updates
Jaipur, Feb 4 (IANS) Rajasthan Chief Minister Bhajanlal Sharma on Wednesday said the newly-signed trade agreement between India and the United States will be a “game changer” for the state’s economy.CM Sharma said Rajasthan is expected to reap “immense benefits” from the newly signed trade agreement between India and the United States.Expressing optimism over the agreement reached under the leadership of Prime Minister Narendra Modi, the Chief Minister said the deal reflects growing global confi…
New Delhi, Jan 29 (IANS) India’s steady rise as a key player in global trade is evident in its increasing share of both global merchandise exports and commercial services exports, said the Economic Survey 2025-26 released on Thursday.According to the WTO’s World Trade Statistics, between 2005 and 2024, India’s share of global merchandise exports has nearly doubled, rising from 1 per cent to 1.8 per cent.Similarly, its share in global commercial services exports has more than doubled, risin…
New Delhi, Jan 26 (IANS) As India approaches Union Budget 2026-27, industry sentiment points to a clear shift from headline announcements to policy direction, continuity and execution, a survey showed on Monday.Against global uncertainty and a calibrated fiscal consolidation path towards a deficit of about 4.4 per cent of GDP, Budget 2026 is being read as a signal of India’s medium-term economic intent, according to Grant Thornton Bharat’s ‘Pre Budget Survey 2026’.With the economy expect…
New Delhi, Jan 24 (IANS) Prime Minister Narendra Modi on Saturday said the government’s continuous efforts are focused on creating new opportunities for the country’s youth, both in India and across the world, as several new-age sectors such as animation and digital media position India as a global hub.Addressing the 18th edition of the Rozgar Mela via video conference, the Prime Minister said India’s young population is increasingly finding opportunities in emerging sectors, where innovat…
New Delhi, Jan 12 (IANS) Chile’s Ambassador to India, Juan Angulo, on Monday stressed the importance of India in the international arena, and termed it key that nations like India act as intermediation in many sectors in the international agenda. In an interview with IANS, Angulo praised India’s leadership of G20, terming it “very substantial and important.” He also mentioned that Chile has participated in the Global South initiatives that took place years ago.Asked his opinion on how Prime Mini…
New Delhi, Dec 30 (IANS) Prime Minister Narendra Modi on Tuesday said that India’s growth story is being shaped by credibility, stability, and long-term confidence, driven by a series of sustained reforms across sectors ranging from labour laws and trade agreements to logistics, energy, and market reforms.In a post on X, the Prime Minister referred to Union Minister Hardeep Singh Puri’s write-up on “Reform Express 2025”, which reflects the “quiet but consistent work of governance that has he…
New Delhi, Dec 26 (IANS) A day after Beijing accused Washington of misrepresenting its defence policy in a recent Pentagon report, an article published by China’s state-controlled news portal stressed bilateral ties “in the economic and trade sphere” and their global impact.”International relations have never been smooth sailing. It requires wisdom and responsibility to stabilize the course and steer the overall situation amid turbulent waves,” People’s Daily Online observed on Friday.”Looking…