
Regional airline FLY91 places order for 40 ATR planes amid push for regional connectivity
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Addressing a national workshop in New Delhi on leveraging free trade agreements, commerce minister Piyush Goyal said India's nine FTAs currently cover economies representing about $60 trillion in GDP and provide preferential access to nearly two-thirds of global trade.
Neelkanth Mishra of the World Bank defended India's 7.8% GDP growth, asserting that claims questioning its accuracy are incorrect.
Opposition parties and some experts have questioned the government's latest GDP data. Mint examines the allegations and whether there is any merit to the concerns.
A methodological shift and routine revisions to India's GDP data have caused confusion over official statistics and critics' claims, even as headline growth struggles to lift living standards.
The government issues a detailed clarification in a question-and-answer format, refuting allegations of artificially pushing up the real growth rate for the June quarter to 7.8% and the nominal expansion rate to 10.3%.
A section of the stakeholders is worried, with global prices surging to a 3-year high on Black Sea disruption, lower output this year
ISMA and NFCSF jointly reassure that domestic sugar availability remains sound, while dismissing any claims of a structural domestic deficit
Union Bank of India to facilitate retail loan facilities for customers purchasing VST Tillers’ products, including tractors, power tillers, power reapers and power weeders
India, US working to build ‘fair, reciprocal’ trade ties; critical technology cooperation also in focus
India's economy grew at a faster-than-expected rate, showing resilience against concerns of an economic downturn over the US-Iran war, the latest numbers show.
Wants a minimum gauranteed price of Rs ₹25,000 a tonne for oil palm
However, mills find few takers for their offers, while prices likely to drop further tomorrow

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The RBI revised its FY27 GDP growth forecast to 6.7%. PM Modi emphasized India's 7.8% real GDP growth in Q1 FY27, urging for local consumption and to avoid non-essential spending, noting the importance of conserving foreign exchange for continued growth.
The state is also actively engaging other global manufacturing hubs during the same period. A state delegation led by Minister Keerthana will travel to Taiwan on September 4 to participate in the Semicon conference.
The deal by drug major with the US government to lower prices of its innovative drugs in the US is in line with the lowest prices paid by other developed nations, under the most favoured nation (MFN) pricing framework
Fed Governor Michael Barr says the central bank should raise interest rates if inflation fails to cool towards its 2% target.

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India's current account deficit widened marginally in the April-to-June quarter from a year ago on the back of higher commodity prices and a wider trade gap, the Reserve Bank of India said on Tuesday.