Page 2 - Economy & Policy News

Core sector growth rises to 1.8% in Nov; four sectors still contract

November's 1.8% uptick follows 1st contraction in 15 mths; infra demand revs up steel, cement

AIA: Notification 21/2023-Cus more useful for advance authorization

Para 5.04 (f) of the FTP clearly says that 'eexport obligation may be fulfilled both by physical exports as well as deemed exports'

0% duty on 100% exports: India secures trade deal with New Zealand

Wellington commits to $20 bn FDI in 15 years; dairy items excluded

NRI deposit inflows dip to $8.3 billion in April-October, shows RBI data

NRI deposit inflows moderated to $8.3 billion in April-October FY26, mainly due to a sharp drop in FCNR (B) inflows, even as NRE deposits recorded higher inflows, RBI data showed

Net FDI into India nearly doubles to $6.2 bn in April-October: RBI data

Net FDI into India rose to $6.2 billion in April-October FY26 as repatriation fell to $31.65 billion, even as outward FDI increased to $20.5 billion, RBI data showed

Knowledge key for India to become $5 trillion economy, says Gadkari

Gadkari said entrepreneurship, science, technology, research, skill and best practices are cumulatively referred to as knowledge, and the conversion of this knowledge into wealth is the future

Eight core sectors rebound to 1.8% growth in November after October dip

The Ministry of Commerce and Industry said that cement, steel, fertilisers and coal registered positive growth, while crude oil, natural gas, refinery products and electricity recorded declines

India at advanced stage of talks on bilateral trade pact with US: Goyal

The India-US trade pact talks are crucial as both the countries are working to finalise the first tranche of the Bilateral Trade Agreement (BTA)

India, Canada to soon start talks to revive trade pact discussions: Goyal

India is at an advanced stage of negotiations for a bilateral trade agreement with the US, he said adding "this reflects the growing strategic importance of India in world geopolitics"

India will never open up dairy sector: Commerce Minister on New Zealand FTA

Commerce Minister Piyush Goyal said India has protected dairy and key farm sectors in the India-New Zealand FTA, underlining that dairy will never be opened up in trade negotiations

India-New Zealand trade deal finalised: Which sectors are set to gain?

The deal includes sweeping tariff cuts, expanded services access, enhanced labour mobility and a long-term investment commitment

India-New Zealand FTA concludes: What the trade deal means for both nations

India and New Zealand have concluded a Free Trade Agreement after nine months of talks; the deal cuts tariffs, boosts trade, opens jobs and creates new visa routes for Indian professionals

India-New Zealand FTA to bring in $20 bn investment, visa access boost

The India-New Zealand FTA promises $20 billion investment over 15 years, zero-duty access for Indian exports and a new capped skilled visa pathway for Indian professionals

Cheap oil-linked LNG supply to India trumps US gas amid trade talks

Indian buyers favour cheaper oil-linked LNG over US gas as henry hub prices and freight costs rise, cooling appetite for long-term US LNG deals amid ongoing trade talks

Trade agreement between India and EAEU to exclude areas of services

The Eurasian Economic Union comprises five countries - the Russian Federation, Kazakhstan, Belarus, Armenia and Kyrgyzstan

Water-soluble fertiliser imports steady despite China export crackdown

Between January and November 2024 and 2025, data show that speciality water soluble fertiliser imports from China dropped by just 8.7 per cent, while overall it rose by 8.8 per cent

Railways hikes passenger fares for 2nd time in FY26; move may add ₹600 cr

'Modest' fare hike to have minimal impact on passengers while adding ₹600 crore to railway revenues, officials say, as costs rise and freight rates remain unchanged

We are still the world's most over regulated economy: Gurcharan Das

At BELF 2025 in Kolkata, author Gurcharan Das said India remains heavily over-regulated, called the 'tariff king' tag an insult, and urged the moment be used to push reforms

Near-term impact on Indian drugmakers unlikely from US pricing policy

Analysts say the US move to link drug prices to the lowest global benchmarks targets patented medicines, limiting near-term risks for India's largely generic-focused exporters

India will surpass Germany to become third-largest economy by 2027: Scindia

India's economy has leapt from the 10th position 12 years ago to fourth, leaving behind Japan, he said. By the end of 2027, we will surpass Germany to become the world's third-largest economy