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Fortune India. Business news and strategy from Fortune India magazine, the leading source for finance and corporate insight. Home of Fortune India 500, The Next 500, Most Powerful Women, and 40 under 40
- 423articles · 30d
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News
EU to allow 2.5 lakh Indian cars at concessional duty under FTA; quota to reach 4 lakh in 10 years
21+ hour, 16+ min ago (529+ words) Under the India-EU FTA, concessional duty on Indian cars will fall to zero by the fifth year, while the annual quota will rise to 4 lakh vehicles by the 10th year New Delhi, Sep 13 (PTI) The European Union will allow 2.5 lakh Indian-made…...
India’s BRICS trade doubles to $417 billion in five years: ASSOCHAM
1+ day, 6+ hour ago (388+ words) India’s trade with BRICS countries has more than doubled over the past five years, rising from $203 billion in 2020-21 to $417 billion in 2025-26, according to a report by the ASSOCHAM Global Research and Strategy Centre. The report, titled The Rise of BRICS…...
UP exports ₹47,484 crore to BRICS, partner countries, accounts for 24% of total shipments
1+ day, 6+ hour ago (542+ words) Uttar Pradesh has exported goods worth ₹47,484 crore to BRICS member countries and partner countries, accounting for 23.7% of the state's total exports of approximately ₹2 lakh crore, according to the state's available export profile. Of the total, exports worth ₹34,811 crore were shipped…...
Mukesh Ambani calls on India Inc. to strengthen ecosystem for working women
4+ day, 8+ min ago (640+ words) India’s richest man Mukesh Ambani, managing director and chairman of Reliance Industries, on Thursday appealed to business leaders of India Inc. to collectively launch an effective initiative to strengthen the ecosystem that supports working women and working mothers in corporate…...
India’s merchandise exports rise over 15% in April-August despite global turmoil: Piyush Goyal
4+ day, 12+ hour ago (734+ words) India's merchandise exports rose by more than 15% during April-August this fiscal despite global uncertainties and geopolitical turmoil, Commerce and Industry Minister Piyush Goyal said on Wednesday, highlighting the resilience of the country's external trade. Speaking at the BRICS Women's Business…...
BRICS’ dollar challenge: Why a common currency is still a distant dream
4+ day, 15+ hour ago (953+ words) India is set to host the 18th BRICS Summit this week, bringing renewed attention to the grouping’s efforts to reshape global financial architecture. While preparations are in full swing in New Delhi, BRICS members are quietly working on another front: reducing…...
The big data debate: After GDP row, Garg, finance ministry lock horns on GST numbers
5+ day, 26+ min ago (325+ words) The GDP data debate has now reached the doorsteps of GST. Former economic affairs secretary Subhash Chandra Garg, who whipped up a storm by claiming that "real GDP" growth in Q1FY27, is just 2.6% and not 7.8%, has made fresh claims saying GST…...
Cost of home-cooked meals moderately higher in August, says report
6+ day, 7+ hour ago (282+ words) The cost of home-cooked meals rose moderately in August, a report said on Tuesday. The cost of a vegetarian meal increased 1% year-on-year and month-on-month to ₹29.5 per thali, the monthly report by the research arm of domestic rating agency Crisil said....
Where did the ‘missing’ GDP go? SBI Research has an answer
6+ day, 10+ hour ago (569+ words) SBI Research has rejected claims of “missing” nominal GDP worth ₹6 lakh crore to ₹42 lakh crore following the release of India’s Q1FY27 GDP data, arguing that such comparisons stem from comparing estimates based on different GDP base-year series. In its latest Ecowrap…...
Festive season set to widen India’s consumption basket as retail shoppers trade up
1+ week, 6+ hour ago (358+ words) India’s retail sector is heading into the festive and wedding season with consumers showing a greater willingness to spend, trade up and shop across a wider range of categories. From fashion and footwear to beauty, dining, entertainment and luxury, retailers…...