Page 12 - Economy & Policy News

Steel Ministry asks SAIL, NMDC to explore overseas mineral assets

Steel Authority of India Ltd (SAIL) is India's largest public sector steel-making entity, and NMDC is the country's leading iron ore player

Niti Aayog member Rajiv Gauba calls for light-touch regulation for growth

Gauba said the state should be firm where risks are high and light-touch where risks are low, while remaining predictable in both cases

Regulation must manage risks while supporting growth: NITI Aayog's Gauba

The NITI Aayog member said regulation should be calibrated to risk while remaining predictable for businesses

Goyal holds bilateral meetings with top officials of several US firms

Goyal highlighted India's growing strengths as a global hub for talent, innovation and business services, and the potential for deeper India-US business partnerships

RBI backs blockchain technology, remains cautious on crypto: Guv Malhotra

Sanjay Malhotra said RBI supports distributed ledger technology and tokenisation but remains wary of crypto assets over concerns about sovereignty, policy and capital flows in emerging economies

Today's financial resilience does not guarantee future stability: RBI guv

Speaking at the KEC 2026, Malhotra outlined five priorities for policymakers and called for continued vigilance against emerging systemic risks that are increasingly cross-border and interconnected

Sanctions, tariffs sometimes weaponised as policy tools: PK Mishra

P K Mishra said wars and disruptions around key maritime routes such as the Strait of Hormuz expose India's energy security to risks, prompting the country to build stocks and diversify suppliers

G20 discusses curbing excess capacity, dumping hurting fair trade: Goyal

Trade ministers discussed how government-backed overcapacity, predatory pricing and dumping affect manufacturers in India, the US and Europe, alongside reforms to the WTO, Goyal said

Democracy makes India's economic reforms durable, says vice-president

C P Radhakrishnan said consensus-building may slow decisions at times but makes reforms sustainable, while warning that growth benefits must reach every section of society

10 years of inflation targeting: How elephant was driven away to the jungle

India's inflation-targeting framework has anchored price expectations, but economists see scope to refine its mandate

India-US trade deal is not imminent yet, says USTR Jamieson Greer

USTR Jamieson Greer says both sides have identified the sticking points and are working diligently towards an agreement, with another leaders' call likely soon

VB-G RAM G: Work demand from households rises 34% to 15.64 mn in September

Household demand reaches 15.64 mn amid monsoon deficit in south, west states, up 26% from August

Only a competition-friendly economy will thrive: Finance ministry report

'Don't take growth for granted amid global shocks'

Capex slows in Q2 as new project announcements, completions lose pace

The factors affecting private investment may be more global in nature in the immediate future, suggested Madhavi Arora, chief economist at Emkay Global

Manufacturing PMI recovers in Sep amid higher output and job growth

Stronger domestic and overseas demand lifted new orders and output, while employment expanded at its fastest pace since May and manufacturers turned more optimistic

Net GST revenue rises 18.1% to ₹1.77 trn in September, fastest in 6 months

Gross GST collections rose 14.7 per cent to Rs 2.04 trillion, while net revenue growth accelerated to around 14 per cent in the July-September quarter

Goyal meets Greer, pushes for early conclusion of India-US trade deal

Goyal and Greer discussed an interim trade agreement at the G20 meeting in Milwaukee, where talks also covered food supply chains, excess capacity and forced labour

CEA Nageswaran flags short-term savings bias as India's population ages

V Anantha Nageswaran said Indians are increasingly willing to take market risk, but have yet to commit savings for longer tenures needed to finance retirement

Delays, recoveries and ethics pose key challenges for IBC: IBBI chairperson

IBBI chairperson Jayanti Prasad flagged delays, ethics and realisations, while NCLT President Anupinder Singh Grewal cited vacancies and sought a higher filing threshold.

RBI extends benchmark issuance strategy to 7 more states, J&K from Q3 FY27

The framework will cover more states and Jammu and Kashmir from Q3 FY27, while total market borrowing by states and Union Territories is expected at ₹3.61 trillion.