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Searched Tag: indian economy
Urjit Patel.

Ex-RBI Governor Urjit Patel appointed as IMF Executive Director

August 29, 2025, 11:21 AM - 2 min read

Patel had taken over as 24th Governor of Reserve Bank of India (RBI) on September 4, 2016

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While the incoming GST reforms have been hailed by the industry, businesses, and people, there has also been concern about the massive revenue losses that the Indian economy will eventually have to face

GST reforms to drive up consumption and growth, says report

August 20, 2025, 03:30 PM - 3 min read

A report by the State Bank of India (SBI) has said the GST reforms will positively impact the Indian economy, despite revenue losses being pegged at up to ₹85,000 crore annually

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PM Modi was speaking at the MS Swaminathan Centenary International Conference.

PM vows to shield farmers despite Trump’s tariff onslaught

August 7, 2025, 10:43 AM - 4 min read

Prime Minister Narendra Modi’s remarks appeared to directly address US President Donald Trump’s move to impose a 50% tariff on India over its continued imports of Russian oil.

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The Indian economy is “doing very well” and contributing more to global growth than the US, said RBI Governor, Sanjay Malhotra

‘Indian economy contributing more to global growth than the US’

August 6, 2025, 08:06 PM - 4 min read

Reflecting upon US President Donald Trump’s ‘dead economy’ jibe against India, RBI Governor, Sanjay Malhotra, said Indian economy is doing ‘really well’; a study by the PHD Chamber of Commerce and Industry (PHDCCI) says only USD 8.1 billion worth of Indian exports may get affected by US tariffs

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A representative image of US currency being handled.

Forex reserves rebound after three-week dip

August 3, 2025, 02:26 PM - 3 min read

India’s forex reserves rose by USD 2.7 billion to USD 698.2 billion for the week ending 25 July, halting a three-week decline, according to RBI data release.

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Prime Minister Narendra Modi addresses a public meeting, in Varanasi.

PM counters Trump, says India set to be 3rd biggest economy

August 2, 2025, 07:42 PM - 5 min read

PM Modi during his Varanasi visit maintained that India is poised to become the third-largest economy, but must remain vigilant about its own priorities amid ongoing global economic turbulence.

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UK Prime Minister Keir Starmer and India's Prime Minister Narendra Modi shake hands during a bilateral meeting at Chequers, in Aylesbury, England, recently.

FTA with UK may shield India from US tariff risks

July 31, 2025, 04:59 PM - 4 min read

Economist Dipanwita Mazumdar said the India-UK FTA could offset pressure from US tariffs, boosting jobs in labour-intensive sectors and helping India deepen global supply chain links.

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Commerce and Industry Minister Piyush Goyal.

India will safeguard interests after Trump tariff: Goyal

July 31, 2025, 04:49 PM - 3 min read

In a suo motu statement in the Lok Sabha, Piyush Goyal said the government is currently examining the implications of the tariff measures announced by the US President.

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Representative image.

Sensex, Nifty open lower on weak global trend and tariff overhang

July 16, 2025, 10:30 AM - 3 min read

Indian markets declined in early trade on Wednesday, mirroring weak global cues and investor caution amid rising US inflation and uncertainty over trade tariffs.

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Representative image.

BSE opens flat ahead of EU pact, US-India deal uncertain

July 9, 2025, 10:09 AM - 4 min read

Indian stock indices opened flat on Wednesday as investors remained cautious ahead of a potential mini trade deal with the EU and lingering uncertainty over US tariffs.

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US President Donald Trump. (File photo)

Trump's 200% pharma tariff may hurt Indian drug exports

July 9, 2025, 09:10 AM - 5 min read

Donald Trump's sweeping tariff hike has threatened India’s pharma exports and copper trade, raising fears of market disruption unless a trade deal is finalised before August 1.

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Representative image.

Fall in food prices bring relief from inflation

July 5, 2025, 11:12 AM - 4 min read

Driven by deflation in key food items, Q1 inflation is expected to align with RBI projections, allowing room to focus on growth, says a Bank of Baroda report.

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