Economy News ( English version)

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  • Trump Tariff cut: India’s textiles and leather set for US revival February 4, 2026
    Indian textile, apparel, and leather exporters expect a significant boost in US shipments. A new trade deal offers reduced tariffs, making Indian goods more competitive. This move is set to improve profit margins and revive export volumes. Small and medium exporters are particularly poised to benefit.
  • India-US trade deal to boost renewable exports, strengthen supply chains, say RE players February 4, 2026
    Indian renewable energy players welcome the India-US trade deal. They believe it will restore stability in global trade and strengthen supply chains. The improved tariff environment will boost export competitiveness for Indian businesses. This move is seen as significant for the solar sector, enhancing price competitiveness and market access to the US.
  • RBI MPC begins rate meeting, decision due Friday February 4, 2026
    The Reserve Bank of India's Monetary Policy Committee has started discussions on interest rates. Experts anticipate a pause in rate cuts following the Union Budget and a trade deal. The RBI is expected to maintain the repo rate at 5.25 percent. The committee will announce its decision on Friday. Focus will be on liquidity management and market stability […]
  • Kremlin shrugs off India’s oil diversification move February 4, 2026
    India plans to diversify its energy sources to ensure citizen security. Russia's Kremlin stated this is not new, as India has always sourced oil from various nations, including Russia. This comes after a US-India trade deal announcement. Russia acknowledges India's established practice of buying oil from multiple international suppliers.
  • Over 28 lakh households get Rs 16,000 Cr aid under PM Surya Ghar scheme February 4, 2026
    PM Surya Ghar: Muft Bijli Yojana has benefited over 28 lakh households by January 2026. Central financial assistance of Rs 16,061.12 crore has been disbursed. The scheme aims to install rooftop solar systems in one crore households. This initiative is expected to generate significant renewable electricity and reduce carbon emissions.

 

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