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Last updated: 18 Feb, 2025  
 India Economy News


Centre tightens vigil to check flow of cheap imports amid US tariff hikes
IANS | 23 Apr, 2025
The government has set up a taskforce to keep a close watch on attempts by other countries to dump goods at predatory prices to exploit the Indian market, following the hike in tariffs announced by the Donald Trump administration which makes it difficult to export to the US, a top government official said on Wednesday.
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FIU-IND signs MoU with RBI for closer ties to combat money laundering
IANS | 18 Apr, 2025
The Financial Intelligence Unit-India (FIU-IND) and the Reserve Bank of India (RBI) signed a Memorandum of Understanding (MoU) here on Thursday as part of continued efforts to strengthen coordination for the effective implementation of the Prevention of Money Laundering Act and Rules framed thereunder.
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Smartphones Top India’s Exports in FY25: Vaishnaw
IANS | 17 Apr, 2025
In a historic achievement, smartphones emerged as India’s largest export category in the first 10 months of FY25 -- marking a major success story under the government’s production-linked incentive (PLI) scheme, Union Minister for Electronics and IT, Ashwini Vaishnaw, said on Thursday.
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India's economic fundamentals are strong, growth to continue: Industry leaders
IANS | 17 Apr, 2025
India’s economic growth story is expected to strengthen further, backed by strong fundamentals, robust policymaking, and a skilled talent pool, top industry leaders said.
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Piyush Goyal encourages exporters to take long term view of India-US trade
IANS | 10 Apr, 2025
Union Minister of Commerce and Industry, Piyush Goyal, on Wednesday held discussions with the Export Promotion Councils and industry bodies here in the light of the emerging trade scenario.
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RBI cuts inflation forecast to 4 per cent for 2025-26
IANS | 09 Apr, 2025
The Reserve Bank’s Monetary Policy Committee has reduced its inflation forecast for 2025-26 to 4 per cent from 4.2 per cent earlier as the “outlook for food inflation has turned decisively positive,” RBI Governor Sanjay Malhotra said on Wednesday.
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MUDRA has democratised India's financial system: PM Modi
IANS | 08 Apr, 2025
Prime Minister Narendra Modi highlighted on Tuesday that the Pradhan Mantri MUDRA Yojana (PMMY), launched 10 years ago on April 8, has turned out to be a massive success in empowering the poor at the grassroots with over 52 crore loans given worth Rs 33 lakh crore.
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Centre's Cotton Purchases from Farmers Exceed 99.4 Lakh Bales This Season
IANS | 01 Apr, 2025
The Centre has procured 99.41 lakh bales of cotton directly from farmers at the minimum support price (MSP), as on March 25 this year, out of the total arrival of 260.11 lakh bales in the market, the Parliament was told on Tuesday.
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Indian IT services to log 6-8 pc growth once again in fiscal 2026: Crisil
IANS | 27 Mar, 2025
The Indian information technology (IT) services sector is projected to sustain its 6-8 per cent (in rupee terms) growth in fiscal 2026,
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India cruising towards $300 billion electronics production by 2026: Centre
IANS | 26 Mar, 2025
India, which is the second-largest mobile phone producer in the world, is all set to reach $300 billion in electronics production by 2026, driven by the ‘Make in India’ and the production-linked incentive (PLI) scheme, the Centre said on Wednesday.
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  Customs Exchange Rates
Currency Import Export
US Dollar
84.35
82.60
UK Pound
106.35
102.90
Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
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