New Delhi, May 28 (PTI) Flagging a reported drop in the share of passenger cars in the overall auto sales, the Congress on Wednesday claimed that it points to most Indians being locked out of the consumption economy, growing inequality, stagnant incomes and weak investment. Congress general secretary in-charge of Communications Jairam Ramesh shared a media report which claimed that while the middle class is increasingly unable to transition from two-wheelers to entry-level cars, the sport utilit

By Elaine Kurtenbach, April 28, 2025(AP) Chinas leaders are downplaying the potential impact from U.S. President Donald Trumps trade war, saying they have the capacity to protect jobs and limit damage from higher tariffs on Chinese exports. The briefing Monday by several senior officials of different government ministries appeared aimed at shoring up confidence with promises of support for companies and the unemployed, easier lending conditions and other policies to counter the impact of combin

Kolkata, Apr 4 (PTI) Indian rice exporters are adopting a wait-and-watch approach following United States decision to impose 27 per cent tariff on imports, though industry leaders say the long-term impact may be limited due to Indias inherent competitiveness. While there may be short-term price fluctuations, the market is expected to stabilise within the next two to three months. The 27 per cent tariff is a temporary hurdle, not a roadblock. With strategic planning and flexibility, we cannot onl

NEW DELHI, Jan 31 (Reuters) The Indian governments economic report, coming a day ahead of the annual budget, is likely to project GDP growth of 6.3%-6.8% in 2025-26, according to two sources familiar with the matter. The forecast suggests economic conditions will remain sluggish next year. Growth is expected to slip to 6.4% in the current financial year the slowest in four years from 8.2% last year. The economic survey will be released later on Friday. A spokesperson for the finance ministry