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Economy - Angel One

Trump’s Reciprocal Tariffs: Full List of Countries Hit Hardest by New Tariffs

Trump’s Reciprocal Tariffs: Full List of Countries Hit Hardest by New Tariffs

3 April 2025

India is in the crosshairs of former U.S. President Donald Trump’s latest trade war move, as the United States imposes a 26% tariff on Indian goods. This is part of a broader overhaul of global trade rules, replacing a system that has been in place for over 75 years. Trump’s new policy introduces a baseline …

Certified Parking Area Policy: Maharashtra’s New Strategy to Combat Mumbai’s Congestion

Certified Parking Area Policy: Maharashtra’s New Strategy to Combat Mumbai’s Congestion

2 April 2025

Buying a car in Maharashtra may soon require more than just financial planning. The state government is working on a Certified Parking Area (CPA) policy that aims to tackle urban congestion by making parking space-proof mandatory for new car owners. This groundbreaking initiative is designed to reduce traffic jams, curb illegal parking, and promote better …

India’s PMI Registers High Growth; However, Exports Slump

India’s PMI Registers High Growth; However, Exports Slump

2 April 2025

Despite a slight slowdown in export growth, India’s manufacturing sector achieved its highest performance in 8 months. According to the HSBC India Manufacturing Purchasing Managers’ Index (PMI) released on Wednesday, a sharp rise in new orders and production drove this improvement. India’s PMI Shows Substantial Growth The seasonally adjusted HSBC India Manufacturing PMI rose to …

US Reciprocal Tariffs to Have Limited Impact on India: Niti Aayog

US Reciprocal Tariffs to Have Limited Impact on India: Niti Aayog

2 April 2025

US President Donald Trump will implement a series of reciprocal tariffs on what he refers to as “Liberation Day,” with an official announcement scheduled for 4 p.m. (local time) on Wednesday in the White House Rose Garden. These reciprocal tariffs are part of a broader set of import duties that President Trump has introduced since …

India’s Coal Production Surpassed One Billion Tonne Mark: Ministry of Coal

India’s Coal Production Surpassed One Billion Tonne Mark: Ministry of Coal

2 April 2025

The Indian coal sector made significant development by surpassing cumulative production of 1 Billion Tonnes (BT) for the financial year 2024-25. This remarkable achievement has been backed by the relentless efforts of the Ministry of Coal to improve production, streamline dispatches, and bolster the nation’s energy security. Coal Production Cross I BT Mark After crossing …

Sovereign Gold Bonds: How Rising Gold Prices Have Grown Government Liabilities to ₹1.2 Lakh Crore

Sovereign Gold Bonds: How Rising Gold Prices Have Grown Government Liabilities to ₹1.2 Lakh Crore

2 April 2025

The Sovereign Gold Bond (SGB) scheme, introduced in 2015, was a novel attempt by the Indian government to curb gold imports and reduce the country’s current account deficit. Over the years, the scheme attracted a significant number of investors seeking to benefit from gold price appreciation and regular interest income. However, what began as a strategic …

Will Central Government Employees Retiring Before January 1, 2026, Be Eligible for 8th Pay Commission Benefits?

Will Central Government Employees Retiring Before January 1, 2026, Be Eligible for 8th Pay Commission Benefits?

2 April 2025

With the 8th Pay Commission set to take effect from January 1, 2026, a wave of concern has emerged among central government employees and pensioners. Speculations are rife that those retiring before this date may be deprived of key benefits. Government’s Clarification on 8th Pay Commission Benefits  Finance Minister Nirmala Sitharaman promptly addressed the controversy …

How RBI and Government Reforms Are Enhancing Governance in Co-operative Banks

How RBI and Government Reforms Are Enhancing Governance in Co-operative Banks

2 April 2025

Co-operative banks have long played a vital role in India’s financial inclusion story, especially in semi-urban and rural areas. However, their regulatory framework has often lagged behind that of commercial banks. Recognising this gap, the Government of India and the Reserve Bank of India (RBI) have introduced a slew of reforms over the last few …

Solar Power Leads the Charge: India Adds Record 25 GW of Renewable Energy in FY 2024–25

Solar Power Leads the Charge: India Adds Record 25 GW of Renewable Energy in FY 2024–25

2 April 2025

In a significant achievement for India’s clean energy ambitions, the Ministry of New and Renewable Energy (MNRE) added 25 gigawatts (GW) of renewable energy capacity in the financial year 2024–25. This marks a 35% increase compared to the 18.57 GW added in FY 2023–24. The progress highlights India’s continued focus on sustainable energy under the …

India Will Record the Highest GDP Growth Among G20 Nations by FY26: Moody’s Report

India Will Record the Highest GDP Growth Among G20 Nations by FY26: Moody’s Report

2 April 2025

Moody’s Investors Service has forecast that India will record the highest GDP growth among the advanced and emerging economies in the G20 group in the fiscal year 2026. The projected growth rate of 6.5% places India ahead of several other major economies. This momentum is largely fuelled by ongoing structural reforms, robust domestic demand, and …

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