Economy News ( English version)

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  • US opens trade probe into India, EU, China and others over forced labour policies March 14, 2026
    The United States has initiated a trade probe into sixty nations, including India, China, the EU, UK, and Japan. This investigation scrutinizes policies regarding goods made with forced labor. The US Trade Representative's office is seeking consultations and will hold public hearings. This move follows a separate probe into excess industrial capacity. […]
  • India protects key sectors under 'powerful' US trade deal, says Piyush Goyal March 13, 2026
    India's trade pact with the U.S. stands firm, safeguarding critical areas such as agriculture and dairy. This collaboration promises mutual advantages, enhancing technology access while propelling India towards its goal of becoming a global data hub. Additionally, the India-UK free trade agreement is anticipated to launch within a month, following a qui […]
  • Fitch raises India FY26 GDP growth forecast to 7.5% on strong domestic demand March 13, 2026
    Fitch Ratings has recently upgraded its economic outlook for India, now projecting a vigorous growth rate of 7.5 percent for FY26, driven by a surge in domestic demand. They've also adjusted their FY27 estimates upwards. While there are hints of a slowdown, the overarching economic resilience remains intact, with credit growth consistently in double dig […]
  • Forex reserves decline by $12 billion as volatility hits asset valuations March 13, 2026
    The movement in reserves comes at a time when the Indian rupee has been experiencing heightened volatility, with the currency recently touching record lows against the US dollar. The pressure on the rupee has been partly linked to the ongoing geopolitical tensions stemming from the US-Israel-Iran war, which have contributed to instability in global energy ma […]
  • Over Rs 15k cr disbursed to exporters till December 25 this fiscal under duty refund scheme RoDTEP March 13, 2026
    In a significant move for exporters, India's government has rolled out more than Rs 15,700 crore through the RoDTEP initiative this year, benefitting over 1.11 lakh businesses.

 

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