Additionally, the sources added that India is also in negotiations with Mexico that has increased its tariff to 50 per cent.
The minister emphasised that airfares are not fixed by the government. Airlines have the freedom to set prices based on operational needs.
India is gaining credibility on the global stage due to the Union government’s efforts to stick to fiscal targets, says Gita Gopinath
"I am not concerned about the rupee at all," said Sanjeev Sanyal, Economic Advisory Council to the Prime Minister (EAC-PM).
Gita Gopinath, who is currently serving as a professor of Economics at Harvard University, highlighted the recent labour reforms as a step in the right direction
SBI Research estimates the rupee will remain in the depreciating regime for about six months, after which it could appreciate by around 6.5%, potentially moving back towards Rs 87 per dollar in 2026.
The bill allows private players entry into the nuclear sector and addresses concerns about the liability clause
The Chief Economic Adviser stressed the importance of deeper industry engagement across the higher education ecosystem.
Beyond trade negotiations, it is the strength of our economy that will give us a decisive advantage, says FM Sitharaman
New series with base year to be released on Feb 27; back series to be released within a year
State finance ministers are considering writing to the Centre, expressing reservations about the financial and operational implications of the proposed changes, sources told Business Today TV
The weakness in rupee is caused by an impending India-US trade deal and persistent foreign fund outflows.
There was a time when everybody was euphoric about India. Now with the tariffs and so on, there may be more pessimism about India, says Raghuram Rajan
The government has raised the minimum guaranteed employment under the scheme to 125 days, while revising the minimum wage to Rs 240 per day.
RBI Summer Internship 2025: Outstation students would be required to make accommodation arrangements on their own, the bank said.
The government may also approve the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill.
Rupee hits record low: The rupee’s depreciation was exacerbated amid likely limited intervention from the central bank to stabilise the market.
Earlier in the day, Commerce and Industry Minister Piyush Goyal said that trade talks with the United States were progressing well, though he reiterated that India does not negotiate under deadlines. He noted that five substantive rounds of discussions had already taken place.
Rupee hits record low: Analysts attribute high demand for dollar and a delay in the India-US trade deal for the rupee crash.
Surprise 8.2% growth in Q2 seen to be the result of tax cuts, which supported consumption; says exports remained resilient
Hopes on for India-US bilateral trade agreement, India-EU also expediting trade talks





