Page 6 - Economy & Policy Analysis

Industrial classification set for a makeover, in line with new-age economy

An overhaul of the National Industrial Classification framework seeks to include multiple new activities that better capture a changing economy, data from which is expected to help policymaking

Despite defence pact with Pakistan, India remains Saudi's key trade partner

Saudi-Pakistan defence pact underlines Islamabad's reliance on Riyadh, while India's ties rest on larger trade and diversified remittances

Datanomics: Corn symbolises thorny issues in US-India trade talks

India's corn imports from the US were just $ three million in FY18, accounting for 0.3 per cent of total agricultural imports from that country

India's sugar sector sees sweet days ahead despite some bitter notes

The sugar season for 2025-26 promises to be bountiful, with a projected surplus of almost 12 million tonnes to be produced this season, raising hopes for both exports and ethanol

Govt should ensure policy gains do not evaporate in opaque tractor markets

The government can ensure trade accountability by making it mandatory for dealers to display MRPs for all models along with prices under GST 1 (12-18 per cent) and GST 2 (5 per cent)

GST 2.0 promises relief on many fronts, but unfinished agenda persists

Despite the sweeping rate and slab reductions, several issues remain unresolved and need to be tackled in the next round of reforms to make GST more viable for businesses, say experts

How regulation is shaping a sustainable crypto assets sector in India

The reality is that every country's response will (and should) differ depending on the country context and risks arising from crypto assets

From space to drones, PM Modi-era will be known for deep-tech forays

The confluence of technology, nationalism and communication skills of PM Modi can be appreciated from his interventions during emergencies

Edible oil prices continue to pinch pockets as food inflation rises

Retail inflation inches up to 2.07% in August; edible oils, tomatoes, and precious metals see record price rise, with Kerala topping state-wise inflation charts

Statsguru: Mateship goes amiss despite Indians' economic contribution

Over 31 per cent of Australia's population was born overseas in 2024, up from 23 per cent at the start of the century

West alarmed as global steel capacity set to jump 165 mt by 2027

Excess capacity of that size will inevitably lower the capacity utilisation rate to 70 per cent from 78-79 per cent now

A green industrial policy for CBAM key to securing India-EU FTA benefits

The CBAM is expected to drive the transition of manufacturing globally away from carbon emissions and the use of fossil fuels

Why is India in a rush to seal an FTA with the Russia-led Eurasian bloc?

An ambitious pact with Moscow's bloc could cut tariffs, boost exports from Armenia to Kyrgyzstan, and ease India's dependence on oil imports

India must put policy first, politics later to realise its AI Ambition

The country must institutionalise the technology with the sobriety that once anchored Aadhaar and implementation of GST

Urea shortage: Supplies in Jun-July exceeded states' requirement, sales

Despite images of farmers standing in line for urea, data shows that supplies to most states were more than both their requests and sales; shortages grew out of sudden demand due to increase in sowing

Green energy push: Driving India's economic and geopolitical future

India can position itself as the world's renewable powerhouse and green fuel exporter

India's informal workforce moves towards formalisation, shows govt data

It stated that the EPFO recorded 139.78 lakh net new subscribers in FY25, its highest ever, which is over double the 61 lakh enrolments seen in FY19

Statsguru: Jobs in India to face the heat as 50% US tariffs hit exports

With 50% US tariffs hitting labour-intensive exports like textiles, leather, and gems, millions of Indian jobs and industrial credit flows face mounting risks

From automobiles to agriculture, EY analysis on impact of GST rate change

Relief from long-pending disputes around GST rates on auto components with a single GST slab of 18%

GST rate cut may ease CPI inflation by 25bps; 40bps dent on fiscal deficit

Here's how analysts leading brokerages assess the impact of the GST rate rejig on the Indian economy, bond markets and the possibility of an aggressive interest rate cut by the Reserve Bank of India