Page 115 - Economy & Policy News

India-EU trade talks moving fast towards conclusion, says Piyush Goyal

The chief negotiators of the two sides are holding the 13th round of negotiations for the proposed free trade agreement

European Union approves 102 more Indian marine product units for exports

"The move would help boost India's seafood exports to the EU. It is expected to help increase our seafood exports by about 20 per cent," an official said

GST reforms to boost consumption but limit fiscal consolidation: Moody's

Moody's says GST rate cuts will boost consumption and ease inflation but warns of higher revenue loss, fiscal strain, and weak debt affordability for India

US exports paused, India investments continue: CNH CEO Gerrit Marx

CNH has paused exports of India-made tractors to the US amid high tariffs and weak demand but continues to invest in India, scouting land for a new plant and expanding capacity

EU lists 102 new Indian fishery units for export to member countries

The US is India's largest export destination for seafood, followed by the EU. China, Japan, Vietnam, and Thailand are also major seafood export destinations of India

From Tokyo to Berlin: Indian states step up global push for investments

Indian chief ministers are increasingly travelling abroad to woo investors, expand markets, and forge global partnerships, marking a new phase of competitive federalism

Household quarterly spending rises 33% to ₹56,000 in 2025: Report

Household expenses, particularly in urban areas, recorded a notable rise each year. However, there is also an increase in expenses in rural areas, the report added

India's consumer inflation likely rose in Aug, ending 9-month decline: Poll

Consumer inflation, as measured by the annual change in the Consumer Price Index (CPI), rose to 2.10 per cent in August from 1.55 per cent in July

Steel demand weak till September, rebound from October: Naveen Jindal

Naveen Jindal expects steel demand to rebound in October after monsoon weakness, projects double-digit growth in FY26, and calls met coke import quotas a 'permit raj'

RBI cut US debt, boosted gold reserves even before Trump's tariffs

India's finance minister said last week the RBI was taking a "very considered decision" to diversify reserves - which currently stands at about $694 billion dollars, the fourth-biggest in the world

Peter Navarro lashes out at India after another online fact-check on X

Navarro's reaction came to his previously challenged X's content moderation policies on which he had launched a poll to gauge user opinions, escalating his feud with the social media platform

Kolkata leather units hit by US tariffs, eye UK and EU markets for relief

With US tariffs on leather products doubled to 50%, exporters in Kolkata face shrinking orders and margin pressure, while betting on UK and EU deals for recovery

World needs stable environment for trade; practices must be fair: India

Jaishankar represented PM Narendra Modi at the summit that saw participation of Chinese President Xi Jinping, Russian President Vladimir Putin and several other leaders of the grouping

On the rise: Share of contract labour at 42%, highest in over 25 years

Annual Survey of Industries shows 10th straight year of increase

Opec to boost output for market share; Brent may fall below $65 a bbl

OPEC+ will increase output by 137,000 bpd from October to regain market share, a move analysts say could push Brent crude below $65 and even $55 a barrel by year-end

Officials explore input tax credit fixes for smooth GST transition

Suggest allowing unused ITC for SGST payments, Customs duty offsets, or tradable scrips

India reduces local remedies exhaustion period for Israel under BIA

A similar provision was included in India's investment pact with the UAE, which came into effect last year

M&M cushions dealers from cess blow; others likely to follow suit

M&M has offered relief to dealers against cess losses while GST 2.0 led buyers to defer purchases, with overall August auto retail sales up 2.84% year-on-year, FADA said

Datanomics: Tracking the wealth that goes into hosting Commonwealth

The expenditure in hosting the CWG in 2002 in Manchester was 330.1 million pounds, while the recent Birmingham CWG in 2022 cost 810.9 million pounds

Govt exploring alternative export markets to shield farmers from US tariffs

The government is trying to have all alternatives to protect the interests of farmers, D K Yadava, Deputy Director General (Crop Science) at the Indian Council of Agricultural Research (ICAR) said