Softer inflation data has reduced near-term likelihood of US Federal Reserve tightening risks.

Softer inflation data has reduced near-term likelihood of US Federal Reserve tightening risks.

NITI Aayog has identified chemicals, textiles, telecom and networking equipment, and solar photovoltaic manufacturing as strategic sectors for India's ambition to become a global manufacturing hub.

Initial claims increased by 9,000 to 209,000 in the week ended Aug. 8, according to Labor Department data released Thursday.

India Inc's Q3 optimism eases as weak export sentiment and global uncertainty offset stronger domestic orders and profit expectations.

The US producer price index rose 4.7% from July 2025 after a 5.5% annual increase in June.

More than 40 major US companies have disclosed $9.6 billion in tariff refunds, with Apple, Nike and Amazon among the biggest beneficiaries.

The country's exports to the UAE rose 10.15% to $3.3 billion, but shipments to Saudi Arabia declined by 2.73% to $763.7 million.

Rajesh Agarwal said India and the US remain in regular contact on the BTA as both sides work to resolve outstanding trade issues.

The initiative seeks to test the performance, durability, and resilience of polymer currency under India's diverse climatic conditions.

The Committee said the gap between government support and the actual cost of running the digital payments infrastructure threatens the long-term sustainability of the ecosystem.