scorecardresearch
Sunday, August 17, 2025
TopicEconomy

Topic: Economy

Strong demand in June buoyed manufacturing production, sales & employment, finds key survey

India’s Manufacturing PMI score came in at 57.8 in June, lower than May, but still robust. The level of new orders rose highest since February 2021.

Jan-March quarter current account deficit narrows owing to moderation in trade gap, says RBI

Current account deficit stood at $1.3 billion in 4th quarter of fiscal year 2022-23, compared with revised deficit of $16.8 billion in preceding October-December quarter.

End to Black Sea grains deal will hit Horn of Africa, can lead to food prices hike, warn UN

Moscow has been threatening to walk away from the deal if obstacles to its own grain and fertilizer shipments are not removed.

China’s economic recovery stands on shaky foundations – and it could affect the whole world

There is weakness in China’s domestic real estate investment and export expectations due to uncertain global demand and ongoing trade frictions with the US.

SubscriberWrites: GST: A panacea

It would ideal that we have only one tax law for the entire country—One Nation, One Tax. It should be such that it calculates the tax due and recovers it too.

SubscriberWrites: Shillong — A paradise at crossroads

With the projection of India being a developed society by 2047, Shillong can be a pivot for economic activity for the North-East.

TCS and Transamerica terminate $2 billion contract due to challenging macro environment

The 10-year contract, signed in early 2018, involved TCS working with Transameria to enable the digitization of more than 10 million policies into a single integrated platform.

Rising merchandise imports in May signal stable Indian economy, say economists

Economists, however, do not see the wider merchandise trade deficit in May swaying expectations of a manageable current account deficit in this financial year.

India, UAE agree to raise non-petroleum bilateral ties to $100 billion by 2023, says Piyush Goyal

NEW DELHI (Reuters) - India and the United Arab Emirates have mutually agreed to raise non-petroleum bilateral trade between the two countries to $100 billion by 2030, the South Asian nation's trade

Productivity growth crucial for overall recovery of emerging economies, says RBI deputy governor

Michael Patra, in a speech at Sixth Asia KLEMS Conferenc, said it is widely believed that structural slowdown has been spreading across global economy after growth peaked in 2010.

On Camera

Postcards from Hyderabad—stories Europeans told about the city

For all their colonial underpinnings, postcards from Hyderabad also inadvertently preserve a trace of local memory: a glimpse of a street, a face, a forgotten name.

Navigating Trump’s tariffs is no child’s play. Indian toymakers are losing out on orders, enquiries

Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.

What is Project Sudarshan Chakra, announced by Modi from ramparts of Red Fort

The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?