India is targeting a $300 billion (₹25 lakh crore) bioeconomy by 2030 to become a global biotech leader. On July 7, Union Science & Technology Minister Dr. Jitendra Singh urged public participation, highlighting India’s biotech growth—from $10 billion in 2014 to $165.7 billion in 2024. Government support, startup boom, and innovation are driving this transformation.
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India is targeting a $300 billion (₹25 lakh crore) bioeconomy by 2030 to become a global biotech leader. On July 7, Union Science & Technology Minister Dr. Jitendra Singh urged public participation, highlighting India’s biotech growth—from $10 billion in 2014 to $165.7 billion in 2024. Government support, startup boom, and innovation are driving this transformation.
US President Donald Trump has announced fresh tariffs effective 1 August on imports from 14 countries, mainly in Asia. India is not on the list, as a pending trade deal with the US remains under negotiation. The move boosts India’s export edge while putting pressure on regional competitors. BulletsIn New tariffs hit 14 countries; duties
US President Donald Trump has announced fresh tariffs effective 1 August on imports from 14 countries, mainly in Asia. India is not on the list, as a pending trade deal with the US remains under negotiation. The move boosts India’s export edge while putting pressure on regional competitors. BulletsIn New tariffs hit 14 countries; duties
At a trade conclave in Srinagar, Commerce Minister Piyush Goyal said India may reduce GST on handicrafts from 12% to 5% to support artisans. He also emphasized continuing apple imports despite growers’ concerns, to ensure affordability for 140 crore consumers. The government aims to boost exports, support cold chains, and balance farmer and consumer interests.
At a trade conclave in Srinagar, Commerce Minister Piyush Goyal said India may reduce GST on handicrafts from 12% to 5% to support artisans. He also emphasized continuing apple imports despite growers’ concerns, to ensure affordability for 140 crore consumers. The government aims to boost exports, support cold chains, and balance farmer and consumer interests.
India has informed the World Trade Organisation (WTO) it will impose retaliatory duties on select US products. This follows the US’s 25% hike on car and auto part imports from May 3. India argues the move violates global trade norms and affects nearly $2.9 billion in Indian exports annually. The counteraction may take effect 30
India has informed the World Trade Organisation (WTO) it will impose retaliatory duties on select US products. This follows the US’s 25% hike on car and auto part imports from May 3. India argues the move violates global trade norms and affects nearly $2.9 billion in Indian exports annually. The counteraction may take effect 30
Kerala Agriculture Minister P. Prasad has opposed the proposed India-US Free Trade Agreement (FTA). In letters to Union Ministers, he warned that US demands in agriculture and dairy may harm Indian farmers. He flagged risks from subsidised imports, GM crops, and past trade agreements. Talks in Washington are ongoing, with agriculture being a key sticking
Kerala Agriculture Minister P. Prasad has opposed the proposed India-US Free Trade Agreement (FTA). In letters to Union Ministers, he warned that US demands in agriculture and dairy may harm Indian farmers. He flagged risks from subsidised imports, GM crops, and past trade agreements. Talks in Washington are ongoing, with agriculture being a key sticking
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On July 4, 2025, the Ministry of Coal will launch a new digital “Exploration Module” on the Single Window Clearance System (SWCS) portal. Developed by CMPDI, the module aims to streamline exploration approvals, reduce delays, and boost transparency for coal block allottees. It supports full digital processing from proposal to final clearance. BulletsIn Exploration Module
On July 4, 2025, the Ministry of Coal will launch a new digital “Exploration Module” on the Single Window Clearance System (SWCS) portal. Developed by CMPDI, the module aims to streamline exploration approvals, reduce delays, and boost transparency for coal block allottees. It supports full digital processing from proposal to final clearance. BulletsIn Exploration Module
New Delhi: The Union Cabinet has cleared a ₹1-trillion Research Development and Innovation (RDI) Scheme to support private-sector R&D. Announced in the FY25 Budget, the initiative offers long-term, low-cost financing to high-growth sectors like deep-tech, AI, and green technologies. It aims to fill funding gaps, drive strategic tech acquisition, and enhance India’s innovation ecosystem. BulletsIn
New Delhi: The Union Cabinet has cleared a ₹1-trillion Research Development and Innovation (RDI) Scheme to support private-sector R&D. Announced in the FY25 Budget, the initiative offers long-term, low-cost financing to high-growth sectors like deep-tech, AI, and green technologies. It aims to fill funding gaps, drive strategic tech acquisition, and enhance India’s innovation ecosystem. BulletsIn
India’s crop contribution to agriculture GDP declined to 54.1% in 2023–24, the lowest in over a decade. Cereals like wheat and paddy saw major declines, while livestock products such as milk and meat rose sharply. Fishing and spice exports also gained share. This shift signals changing food demand patterns and evolving rural economics. BulletsIn Crop
India’s crop contribution to agriculture GDP declined to 54.1% in 2023–24, the lowest in over a decade. Cereals like wheat and paddy saw major declines, while livestock products such as milk and meat rose sharply. Fishing and spice exports also gained share. This shift signals changing food demand patterns and evolving rural economics. BulletsIn Crop
Despite global headwinds, S&P Global Ratings has raised India’s GDP growth forecast for FY26 to 6.5%. The revision reflects expected normal monsoons, lower crude oil prices, monetary easing, and strong domestic demand. This comes amid geopolitical tensions and concerns over global trade disruption. BulletsIn S&P revises India’s FY26 GDP growth forecast to 6.5% Previous projection
Despite global headwinds, S&P Global Ratings has raised India’s GDP growth forecast for FY26 to 6.5%. The revision reflects expected normal monsoons, lower crude oil prices, monetary easing, and strong domestic demand. This comes amid geopolitical tensions and concerns over global trade disruption. BulletsIn S&P revises India’s FY26 GDP growth forecast to 6.5% Previous projection
India is seeking more equitable terms in the ASEAN-India Free Trade Agreement (AITIGA) due to a widening trade deficit. Despite India’s lower per capita income, it opened 71% of tariff lines, while some ASEAN members opened far fewer. India flagged this asymmetry during ongoing FTA review talks, calling for better balance, transparency, and safeguards for
India is seeking more equitable terms in the ASEAN-India Free Trade Agreement (AITIGA) due to a widening trade deficit. Despite India’s lower per capita income, it opened 71% of tariff lines, while some ASEAN members opened far fewer. India flagged this asymmetry during ongoing FTA review talks, calling for better balance, transparency, and safeguards for
