Tariff shock: Indian exports to US crash 28.5%; GTRI warns labour-heavy sectors hurt most, urges quick policy action

Tariff shock: Indian exports to US crash 28.5%; GTRI warns labour-heavy sectors hurt most, urges quick policy action

India’s exports to the United States saw a sharp 28.5% fall between May and October 2025 as aggressive tariff hikes by Washington hit key sectors. According to the Global Trade Research Initiative (GTRI), shipments dropped from $8.83 billion to $6.31 billion during the period, coinciding with US duties rising from 10% in April to 25% […]

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‘Continue to see relentless growth’: Piyush Goyal on India’s GDP after 8.2% Q2 surge; credits reforms and ease-of-business push

‘Continue to see relentless growth’: Piyush Goyal on India’s GDP after 8.2% Q2 surge; credits reforms and ease-of-business push

File photo: Union commerce and industry minister Piyush Goyal (Picture credit: ANI) Union commerce and industry minister Piyush Goyal on Saturday said India’s stronger-than-expected 8.2% GDP expansion in the July–September quarter reflects the government’s sustained reform drive and measures to make business operations smoother. Speaking during a national padyatra in Gujarat, he said the numbers […]

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Black Friday–Cyber Monday: India sees 20–25% sales surge; brands advance promotions by a week

Black Friday–Cyber Monday: India sees 20–25% sales surge; brands advance promotions by a week

Black Friday-to-Cyber Monday sales in India are seeing strong traction this year, with retailers and company executives reporting a 20–25% increase compared with last year. The surge started early, as brands began their promotions a week before Black Friday and plan to keep offers running beyond Cyber Monday. Platforms such as Tata CLiQ, Nykaa, Flipkart, […]

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Airbus software update: Air India says ‘no cancellations’; delays expected on some flights

Airbus software update: Air India says ‘no cancellations’; delays expected on some flights

NEW DELHI: Air India on Saturday said its flight operations remain intact with no cancellations due to the mandatory software and hardware realignment ordered for Airbus A320 family aircraft worldwide.“Air India can confirm that there have been no cancellations due to this task and there isn’t any major impact on schedule integrity across our network. […]

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Intense solar radiation risk? Why Airbus pushed an A320 software update — impact on flights, ops explained

Intense solar radiation risk? Why Airbus pushed an A320 software update — impact on flights, ops explained

Airbus has issued an urgent global alert to A320-family operators, instructing them to immediately fix a newly identified software problem that could affect flight-control systems on thousands of aircraft. The directive which takes effect Saturday evening (US Eastern time) was triggered after Airbus determined that “intense solar radiation may corrupt data critical to the functioning […]

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RBI tells MFIs: Time to focus on borrowers’ income stability

RBI tells MFIs: Time to focus on borrowers’ income stability

MUMBAI: Microfinance must now shift from basic access to delivering long-term income stability for borrowers and a clear pathway to formal credit, the RBI said. The central bank has warned that the sector’s recent regulatory freedom can become a liability if lenders do not uphold responsible conduct.Speaking at a microfinance industry network event during the […]

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Hopeful of framework trade deal with US this year: Commerce secretary

Hopeful of framework trade deal with US this year: Commerce secretary

NEW DELHI: India is hopeful of reaching a framework trade deal with the US this year that should address the tariff issue to the benefit of Indian exporters, commerce secretary Rajesh Agrawal said here Friday. While a bilateral trade agreement (BTA) will take time, a framework trade deal will address the reciprocal tariff challenge faced […]

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IPO will give more credibility: Meesho’s Aatrey

IPO will give more credibility: Meesho’s Aatrey

MUMBAI: SoftBank-backed e-commerce startup Meesho will focus on making online shopping affordable for more consumers and build the value segment of the market where the opportunity is large rather than going after the quick delivery space, said Vidit Aatrey, co-founder and CEO at the company which is set to get listed on the bourses next […]

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GDP grew 8.2% in Q2, fastest in 6 quarters

GDP grew 8.2% in Q2, fastest in 6 quarters

India’s GDP growth has consistently surprised on the upside in the last few quarters. (AI image) NEW DELHI: The Indian economy grew 8.2% in the July-Sept quarter as a strong comeback by the manufacturing sector and robust services activity helped it clock the fastest pace of expansion in six quarters.Strong domestic demand, which drove factories […]

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Economic growth may exceed 7%, GDP to cross  trillion mark in FY26: CEA V Anantha Nageswaran

Economic growth may exceed 7%, GDP to cross $4 trillion mark in FY26: CEA V Anantha Nageswaran

Backed by stronger-than-expected second-quarter numbers, Chief Economic Adviser V Anantha Nageswaran on Friday said India’s economy is poised to grow at over 7% this fiscal, with the GDP set to cross the $4 trillion mark in FY26, according to PTI.Briefing reporters after the release of Q2 GDP data, Nageswaran said the economy’s current trajectory makes […]

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