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The Hindu Businessline

Economy / The Hindu Businessline

India may roll-back Scotch duty cuts if UK doesnt sort out steel restrictions

Commerce Minister Goyal and UK counterpart set to discuss Indias concerns on steel quotas, CBAM Hurdles on June 2

1 Jun 2026 9:34 pm
CBSEs re-evaluvation site launch hit with delay on Monday

The portal remained inaccessible throughout the day even till press time on Monday due to technical glitches

1 Jun 2026 9:33 pm
Government steps up to save fertilisers as 20% of subsidy exhausted in 2 months

Agriculture Ministry lowers fertiliser demand for kharif season in view of forecast of below-normal monsoon

1 Jun 2026 9:33 pm
Factory output expanded by 4.9 per cent in April

Despite global economic challenges, factory output grew by 4.9 per cent in April, according to the new Index of Industrial Production,

1 Jun 2026 9:23 pm
PSU OMCs under recovery from jet fuel sale at 30/litre

The Ministry emphasised that the crisis in West Asia has resulted in abnormal increase in crude oil prices

1 Jun 2026 9:07 pm
Revanth wants Centre to sanction Ramagundam urea to Telangana

As the Meteorological Department reports that deficit rainfall conditions may prevail due to the El Nino effect, the Chief Minister directed officials to ensure that the State gets its rightful share of Krishna and Godavari waters

1 Jun 2026 9:04 pm
Indian cotton prices ease after govt suspends import duty

CCI reduces prices by another Rs 700 per candy following duty removal

1 Jun 2026 9:04 pm
West Asia impact: Fiscal deficit in April doubled

Governments fiscal deficit surged nearly 94 per cent in April due to falling tax revenue and rising expenditures, raising economic concerns.

1 Jun 2026 9:03 pm
Indias wheat procurement for buffer stocks exceeds revised target

Total procurement 35 million tonnes, up 17% from nearly 30 million tonnes a year ago

1 Jun 2026 9:03 pm
India-Oman FTA comes into force providing duty free access to most Indian exports

The agreement is expected to boost MSMEs, manufacturing and employment by enhancing competitiveness in labour-intensive sectors, says Piyush Goyal

1 Jun 2026 9:03 pm
India-US trade deal: New Delhi digs its heels on having competitive advantage

US team arrives for crucial talks, India looks for adequate protection against high penal levies under Section 301

1 Jun 2026 8:58 pm
Cochin Port Authoritys outsourcing plans spark union protest

The Forum also expressed concern over the sharp decline in the workforce, which has reportedly fallen to 475 regular workers, excluding officers, due to the non-filling of vacancies arising from retirements over several years

1 Jun 2026 8:48 pm
India, Myanmar to stay in touch on issue of critical minerals, rare earths; take cooperation forward: MEA

Modi and U Min Aung Hlaing discuss defence training, border security and bilateral ties during Delhi talks

1 Jun 2026 8:46 pm
Helicopter operators seek fuel surcharge for shuttle service

Shuttle services to Kedarnath are operated from three locations in Mandakini valley. Ticket rates are approved by the Uttarakhand Civil Aviation Development Authority following a tender process.

1 Jun 2026 7:30 pm
PMI Manufacturing rose to 3-month high of 55 in May

PMI Manufacturing in India reached a three-month high of 55 in May, driven by strong domestic demand and increased output.

1 Jun 2026 7:23 pm
Corteva introduces Mavilon for pest management in rice

Product offers early protection against BPH and stem borer with single application at 30-35 days after transplanting

1 Jun 2026 6:53 pm
Tractor Junctions FY26 revenue up 62% at 198 cr; announces second ESOP buyback

The company also announced its second ESOP liquidity programme worth 3 crore

1 Jun 2026 6:43 pm
First tranche of Bilateral Trade Agreement with US will be concluded as soon as possible: Piyush Goyal

Piyush Goyal says meetings scheduled for June 2-4 as 99% of interim pact details already finalised

1 Jun 2026 6:43 pm
Why dairy must lead Indias gender-justice agenda

Empowering women in dairy can strengthen livelihoods, boost incomes, and drive inclusive rural growth

1 Jun 2026 6:23 pm
Australias Queensland sees potential for new partnership for food and agri-biz with India

The partnerships can be in premium categories such as macadamias, avocados, Manuka honey, selected horticulture and wellness products, says Trade and Investment Queensland official

1 Jun 2026 6:23 pm
Industrial growth at 4.9% in April as new 2022-23 base series debuts

Manufacturing and capital goods drive IIP while mining records contraction

1 Jun 2026 5:13 pm
Maruti Suzuki says CNG bookings rise 40% after fuel price hikes

Bookings for vehicles that run on compressed natural gas jumps after fuel retailers increased diesel and petrol prices 4 times in May

1 Jun 2026 4:53 pm
India-Oman CEPA takes effect: 98% duty-free access opens doors for textiles, pharma, MSMEs: Piyush Goyal

Oman, he said, is more than a market is a gateway to the wider Gulf Cooperation Council GCC countries of the Middle East and East Africa and the Indian Ocean economy through its ports at Sohar, Duqm and Salalah

1 Jun 2026 4:53 pm
India-US trade deal to reflect Washington's tariff changes, says Piyush Goyal

Large parts of the agreement have been finalised and a few final details are being discussed, he said

1 Jun 2026 4:23 pm
Indias seafood exports clock $8.46 billion in FY26 despite global headwinds

Frozen shrimp remained the top export item, earning 49,037.93 crore ($5.62 billion) and accounting for 40.19% of export volume and 66.52% of total export earnings

1 Jun 2026 3:43 pm
How ARAI is expanding from cars to metro rail as Indias mobility rules tighten

The agency recently tested an Obstacle & Derailment Detection system for the Delhi Metro Rail Corporation to detect track obstructions and automatically trigger emergency braking if a train wheel derails

1 Jun 2026 3:13 pm
Indias seafood exports hit record high in 202526: Official

Frozen shrimp, the leading export item, generated 49,037.93 crore and accounted for 40.19 per cent of the total quantity exported

1 Jun 2026 2:53 pm
Indian steelmakers grapple with resurgence of cheap Chinese imports

China shipped in around 232,000 metric tons of finished steel in April and emerged as the top exporter of such steel to the South Asian nation

1 Jun 2026 2:53 pm
Indias power consumption grows 11.55% to 164.98 billion units in May

The peak power demand jumped to an all-time record high of 270.82 GW last month from 230.99 GW recorded in May 2025 amid heat wave conditions.

1 Jun 2026 2:43 pm
E4W registrations surge 82% in May as rising fuel prices and new model launches accelerate EV adoption

Steep increase in petrol and diesel prices during May widened the running-cost advantage of EVs, while a growing range of products across segments, attracted a broader set of buyers, say experts

1 Jun 2026 2:03 pm
Automakers report sales growth in May led by sustained demand

Maruti, Kia report all-time high sales during the month

1 Jun 2026 1:23 pm
Kings Infra Ventures post 24% rise in PAT at 16.36 crore in FY26

Revenue from operations for FY 202526 grew to 162.15 crore, up 30.13% from 124.63 crore in FY25

1 Jun 2026 12:29 pm
Monsoon knocks on Keralas door, but the wait isnt over

IMD has forecast very heavy rainfall over Kerala and Mahe for four days beginning Wednesday, coinciding with expected window for onset of rains

1 Jun 2026 12:27 pm
GST revenue tops 1.94 lakh crore in May, driven by broad-based growth in consumption

Government sources said growth was broad-based across all major goods and services categories, with taxable supplies in the goods sector rising 26.9 per cent and services sector growing 22.2 per cent.

1 Jun 2026 12:03 pm
Domestic jet fuel prices unchanged for June; international rates reduced

Move comes as carriers continue flight rationalisation amid rising costs

1 Jun 2026 11:03 am
Manufacturing PMI hits 3-month high in May despite cost pressures

PMI rose to 55.0 in May from April's 54.7, higher than a preliminary estimate of 54.3

1 Jun 2026 11:03 am
LNG 42% cheaper than diesel for trucks as industry seeks ethanol-style policy push

The rising cost gap, particularly after recent CNG price hikes in cities like Mumbai, Chennai, and Bengaluru, is driving industry players to seek government support for LNG infrastructure and freight corridor development

1 Jun 2026 10:53 am
India keeps local jet fuel prices unchanged after airline plea

The fuel price for domestic flights will remain unchanged at 1,04,927 rupees ($1,104.25) a kilo-liter in New Delhi for June, according to spokespeople from the state oil processors

1 Jun 2026 9:33 am
India-US Chief Trade negotiators to hold 4-day talks in Delhi from today

The visit, scheduled from June 1 to 4, 2026, is expected to focus on finalising the details of an interim trade pact and advancing negotiations under the broader bilateral framework

1 Jun 2026 9:03 am
South Coast Railway, Indian Railways 18th Zone, begins operations

The new zone oversees the divisions of Visakhapatnam, Vijayawada, Guntakal and Guntur, following a gazette notification issued by the Ministry of Railways on May 4

1 Jun 2026 7:03 am
Telangana wants the duty on crude palm oil to be increased

The State Government pointed out that when the duty rate was 44% in 2018, oil palm farmers witnessed good prices; currently the duty rate has fallen to 16.50% from 27.50% last year

31 May 2026 9:29 pm
FSSAI seeks explanation from Blinkit over a consumer complaint

In a letter written to Blinkits senior executives, FSSAI has stated that it has received a complaint from a consumer who had ordered curd through the Blinkit app and fell sick after consumption of the product, they added

31 May 2026 8:12 pm
DTDC eyes global growth, strengthens capabilities for Indian D2C brands

Alongside its international push, DTDC is expanding its domestic footprint to tap growing consumption and manufacturing activity beyond metros

31 May 2026 7:52 pm
India-Oman to implement CEPA on Monday

Pact to boost Indian exports in key sectors and strengthen strategic Gulf ties

31 May 2026 7:22 pm
Interim trade deal: US may offer to lock-in Indias tariffs to insulate from Section 301 penalties

The US trade team visiting Delhi this week may also propose a further lowering of tariffs linked to deficit reduction, but India would also want guaranteed competitive advantage.

31 May 2026 7:21 pm
Amid super El Nino threat, which PMFBY crop insurance model suits farmers?

Under the Beed formula or under PMFBY, if the total claims are less than 80% of the total collected premium, the insurance company will retain 20% of the gross premium and the remaining amount is to be refunded to the State

31 May 2026 6:42 pm
RBI likely to maintain status quo on rates, adopt cautious approach amid West Asia crisis

With surging energy prices, continuing supply chain woes and a depreciating rupee, experts see RBI raising its inflation forecast and lower GDP growth estimate at its bi-monthly monetary policy meet from June 3 to 5.

31 May 2026 4:42 pm
Underlying momentum in industrial sector remains intact, set to get further boost, says Finmin report

The reports states that the electronics and semiconductor value chain is gathering momentum and Indias military drone manufacturing industry is expected to grow four-to-five-fold by March 2028

31 May 2026 4:22 pm
India, US chief negotiators to hold four-day trade talks from June 1

The two sides are proposed to finalise the details of the interim agreement and take forward the negotiations under the broader BTA on multiple areas that includes market access, non-tariff measures, customs and trade facilitation

31 May 2026 3:26 pm