services sector
India's GDP Growth Projected to Moderate to 7% in Q2 FY26 Despite Strong Industrial Performance
Nov 17, 2025 08:32 pm CST
India's economic growth is forecast to moderate to 7% in Q2 FY26 from 7.8% in the previous quarter, with industrial sector performance strengthening to a five-quarter high of 7.8%. Despite slower services and agricultural growth, manufacturing is expected to benefit from festive inventory stocking, GST rationalization, and accelerated exports ahead of US tariffs.
India Calls for Global South Unity Against International Trade Barriers: Piyush Goyal at UNCTAD
Oct 23, 2025 12:42 am CST
Commerce Minister Piyush Goyal urged developing nations to unite against global trade challenges at the UNCTAD conference in Geneva, highlighting concerns over tariff barriers, environmental restrictions, and service sector obstacles. Goyal emphasized that these issues disproportionately affect developing countries pursuing growth and poverty reduction, calling for a reset in addressing these challenges.
India-EFTA Trade Agreement: $100 Billion Investment Commitment and Reduced Duties on European Products Starting October 1
Sep 30, 2025 03:54 pm CST
India's Trade and Economic Partnership Agreement (TEPA) with the European Free Trade Association will take effect October 1, bringing a $100 billion investment commitment over 15 years while reducing duties on European products. This landmark agreement with Iceland, Liechtenstein, Norway, and Switzerland promises to create one million direct jobs in India while giving consumers access to high-quality European goods at lower prices.
NDTV Explains: What's Cheaper Under GST 2.0 Reforms
Sep 22, 2025 11:39 am CST
India will witness a restructuring of its Goods and Services Tax (GST) system from today, which government officials have described as the launch of "GST 2.0."