Page 107 - Economy & Policy News

India, Australia sign agreement to promote organic products' trade

Under the mutual recognition arrangements (MRA), both will recognise each other's organic standards and certification systems

India fuel exports surge to multi-year highs on higher refinery runs

Refiners in India, which sources about a third of its crude from Russia, are boosting runs and redirecting surplus barrels abroad

Govt notifies additional condition for export of 2nd generation ethanol

The permission, however, is subject to a valid export authorisation and feedstock certification from the relevant competent authority

India's solar module manufacturing capacity to outpace demand in 3 years

CareEdge Ratings projects India's solar module and cell capacities at 200 GW and 100 GW by 2027-28, surpassing demand and shifting focus to exports

Dubai's top Indian jewellery importer cuts volumes 30% as gold prices soar

While import values have increased, volumes have dropped 20-30 per cent as gold prices surged from $2,200-2,500 per ounce to $3,600 within three months

India expects to increase energy trade with US, says Piyush Goyal

Goyal is leading a delegation for meetings in New York with the US side to achieve an early conclusion of a bilateral trade agreemen

FY24 profits outpaced wage growth, worker productivity dipped

While corporate profits per factory rose 7 per cent to ₹41.3 million in FY24, the average wages paid per worker increased 5.5 per cent to ₹2,16,000

Global economy to weaken in 2026; headwinds for India from US tariffs: WEF

Noting that India has emerged as the fastest-growing major economy and is projected to grow by 6.5 per cent in 2025 by IMF

Rupee hits new low on US visa shock; exporters don't expect much relief

Exporters don't expect much relief; currency may slip to 89.5 vs $ by year-end

Flash PMI eases to 58.5 in September on weak export orders

India's Flash PMI slowed in September as weak export orders hurt manufacturing while domestic demand ahead of festivals offered support, easing price pressures and lifting confidence

India, China should oppose any form of tariff, trade wars: Chinese envoy

Xu said the two countries should not allow the boundary question to define the current China-India relations and that bilateral trade should be expanded as it has "great potential"

Apeda figures low in fiscal support even as India looks to sign FTAs

Comparatively modest expenses on salaries and establishment could be a reason

India is top choice for MNCs to expand trade, investment: StanChart report

A Standard Chartered report shows over 40 per cent of global firms plan to increase trade and investment in India, citing its fast-growing economy, large market, and favourable business reforms

OECD lifts India's FY26 growth outlook to 6.7%; S&P retains at 6.5%

OECD expects global growth to soften in the second half of 2025 as front-loaded activity fades and higher tariffs in the US and China dampen investment and trade

PPP projects get fresh push with new models, contracts, and oversight

As interest in PPP had tapered off, the pace of investment by the private sector in major projects had also taken a hit but the pace has picked up in 2025

Marco Rubio cites progress in ongoing US, India trade talks this week

India's trade minister had been scheduled to visit Washington this week in an effort to accelerate talks after negotiations resumed last week

La Nina, October rain: What it means for kharif harvest, early rabi sowing

While the monsoons have helped the kharif crop, any extra rains through September and October could adversely impact the standing crop, while a harsh winter due to La Nina could affect perishables

EPFO adds 2.1 mn members in July 2025, youth account for 61% of growth

The year-on-year analysis reveals a growth of 5.55 per cent in net payroll additions compared to July 2024, signifying increased employment opportunities and heightened awareness of employee benefits

S&P Global retains India's GDP forecast at 6.5%, revises inflation downward

The report added that low inflation provides room for further monetary policy adjustments, with S&P expecting a 25-basis-point (bps) rate cut by the Reserve Bank of India in FY26

India's 8% growth goal at risk as private capex lags: YES Securities

YES Securities warns India's growth relies too heavily on government spending as private capital expenditure falters despite record corporate cash holdings of ₹10.35 trillion