Tag: India
Tractor sales surge 27% in April: Strong rural sentiment kicks off fy27 on a high note Â
India’s tractor sales jump 27% in April 2026, crossing 1 lakh units again. Strong rural sentiment, GST cuts, and farm income drive demand, but monsoon risks remain.
The government raises gold and silver import duty to 15%: Big move to protect rupee and control trade deficit Â
India hikes gold and silver import duty to 15% to reduce imports, control trade deficit, and support the rupee. Understand the reasons, impact, and future consequences.
India’s FTAs promise growth, but poor utilisation by industry raises concerns Â
India’s new free trade agreements offer major investment and export opportunities, but low utilisation by industries remains a key concern, says Commerce Secretary Rajesh Agrawal.
India assures fuel security amid West Asia crisis, no rationing needed
India maintains 60-day fuel stocks and denies any plan for rationing despite West Asia tensions. Government clarifies foreign exchange concerns and boosts LPG supply efforts.
A modest appeal, a necessary step: PM Modi’s request to the nation in light of Iran War
India imports nearly 90% of its oil, and almost half of that passes through the Strait of Hormuz which has been completely shut for over two and a half months now, ever since the US and Israel went to war with Iran.
New labour code rules notified: Minimum wage formula dropped, floor wage system to guide pay structure Â
The government notifies final rules under new labour codes, drops minimum wage formula, introduces floor wage system, and tightens norms for timely wage payments to contract workers.