Page 166 - Economy & Policy News

Insured deposits rise 7% to ₹96.7 trillion as of Sept 2024: RBI report

RBI annual report shows insured deposits rose to ₹96.7 trillion with 97.7% of accounts covered; DIF grew 15.2% while ₹476 crore in claims was settled in FY25

India to submit adaptation plan to UNFCCC in few months: Bhupender Yadav

To strengthen efforts to address climate-related risks and enhance India's climate resilience, the government recently released a draft framework for a climate finance taxonomy

FM meets ADB President; seeks support for integrated rural prosperity

The discussions focused on shaping the partnership in line with Prime Minister Narendra Modi's vision for Viksit Bharat by 2047

Biz collaborations for a circular economy via FTA to boost EU-India ties

An EU official said circular economy projects under the FTA will unlock value and foster deeper collaboration between India and the EU through sustainable development

IBBI to set up IP panel for faster appointments from July to December

The new zone-wise panel of insolvency professionals will be valid from July 1 to December 31, 2025, aimed at reducing delays in NCLT and DRT appointments

'US remittance tax, tariffs to cost India billions in lost investments'

The original version of US President Donald Trump's "One Big Beautiful Bill" included a 5 per cent excise duty on outward remittances

Industrial output growth dips to 2.7% in April, lowest in eight months

Industrial output slowed in April as mining contracted and electricity growth eased; capital goods saw robust growth while consumer non-durables remained weak

Product nation: Dholera and India's quest to build factories for the world

The road map to India becoming a global manufacturing hub is clear, but it is R&D that will truly change the game

Possibility of interim trade deal between India, US by June 25: Report

India's chief negotiator, Special Secretary in the Department of Commerce Rajesh Agrawal, concluded his four-day visit to Washington last week

FM directs public insurers to adopt AI, expand portfolios for new risks

FM asks state-run insurers to tackle emerging risks like cyber fraud, diversify products, use AI for pricing and claims, improve penetration and transform digitally

India's economic growth to moderate in FY26 amid global headwinds: EY

While it will continue to be one of the world's fastest-growing economies, it may have to carefully balance monetary and fiscal policies to sustain its growth momentum

April 2025 IIP dips to 8-month low at 2.7%, manufacturing grows 3.4%

Among the sectors, manufacturing - which carries the largest weight in the index - grew 3.4 per cent, up from 3.94 per cent in March

Economists see global growth coming under strain; India story intact: WEF

A majority of surveyed economists saw the current US economic policy as having a lasting global impact, with 87 per cent expecting it to delay strategic business decisions and heighten recession risks

In FY24, Indians tightened belts but ramped up happy hours to fresh high

In fact, consumption of alcoholic beverages grew at the fastest pace since 2011-12 when the current GDP data series was launched

Tariff suspense a key risk to Indian economy, says finance ministry

FinMin report flags India Inc's foreign investments

FDI inflows up at 13% to $50 bn in FY25; dip 24.5% in Jan-Mar quarter

During the October-December quarter of 2024-25 also, the inflows were contracted by 5.6 per cent year-on-year to USD 10.9 billion due to global economic uncertainties

Rupee weakens after two-day rally as dollar strengthens, crude rises

The local currency has appreciated by 0.1 per cent against the dollar in the current financial year so far, whereas, in the current calendar year so far, it has witnessed 0.3 per cent appreciation

MoSPI calls to monitor MUDRA impact in upcoming CAPEX, ASUSE surveys

MoSPI urges inclusion of MUDRA scheme impact, richer profiling of enterprises, and renewable investment intentions in upcoming CAPEX and ASUSE survey rounds

India should leverage strengths to be indispensable to investors: FinMin

Finance Ministry highlights macro stability, low inflation and monsoon outlook as strengths while warning of global risks and the need for strategic trade agreements

'We've a long way to go': Zerodha CEO on India as 4th largest economy

Nithin Kamath says India must focus on boosting labour participation, productivity, and R&D spending to achieve sustainable, long-term growth