Page 2 - Economy & Policy News

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.

Rajiv Gauba calls for energy reforms, stronger regulation to boost security

The Niti Aayog member urged faster domestic exploration, a stronger gas value chain and regulatory reforms that keep pace with new technologies while protecting consumers

ICAR ties up with FCI to trial alternative pest control in grain storage

The trials will test nitrogen, carbon dioxide and a combination of carbon dioxide and phosphine to address pest resistance, worker health risks and fumigation costs

Govt considers cutting import duties on pulses to cool prices: Report

India may cut import duties on lentils and yellow peas to boost supplies and curb food inflation as weak monsoon raises concerns over domestic pulse output

Trade uncertainty, oil spike weigh on India's investment appeal: FinMin

The Finance Ministry said US trade uncertainty, higher crude prices and limited participation in global AI developments are weighing on India's ability to attract capital flows

Finance Ministry sees Q2 FY27 growth at 7.3%, flags geopolitical risks

India must work on ensuring that the economy is more competition-friendly rather than business-friendly, says the report

Gross GST collections rise 14.7% to over ₹2.03 trillion in September

Domestic GST revenue rose 10.1 per cent, while collections from imports jumped 26 per cent; net GST collections increased 18.1 per cent after refunds

India wants foreign capital, but US investors see hurdles at the gate

A new US report says India has eased some investment rules, but foreign investors still face sectoral restrictions, FDI-FPI limits, import hurdles and corruption risks in the regulatory system

From farmers to shopkeepers, India counts the cost of a weak monsoon

Rice yields have fallen after erratic monsoon rains, while higher farm input costs threaten rural incomes and spending during the key wedding and festival season

India's manufacturing PMI rises to 55.1 in September, hits 7-month high

The HSBC India Manufacturing PMI rose from 52.8 in August as new orders grew at their fastest pace since February, while exports and output also accelerated

India's $133 billion cash deluge puts RBI on a more hawkish policy path

Record inflows from Indians abroad have left banks flush with cash, pushing overnight rates below the RBI's 5.25 per cent policy rate as inflation pressures build

Distinguish food weaponisation from security measures: Goyal at G20 meet

Speaking at the G20 Trade Ministers' meeting in Milwaukee, Goyal said food should remain a source of security, stability and cooperation

ATF prices increased by around ₹16 per litre; commercial LPG rises ₹62.50

ATF prices rose to ₹137 per litre for domestic airlines, while commercial LPG rates increased after a smaller hike in September and two consecutive monthly cuts

US economy grew 2.2% in Q2 on rising consumer spending, investment: US govt

The US economy grew faster than previously estimated in the April-June quarter, with consumer spending rising 3.8% even as a surge in imports weighed on overall growth

Higher capex, subsidies widen Apr-Aug fiscal deficit to ₹7.1 trillion

Centre's fiscal deficit widened to ₹7.10 trillion in April-August as capital expenditure rose 18 per cent and spending on major subsidies increased nearly 25 per cent

Two trade bodies meet FM, withdraw from No UPI Day protest on October 2

AICPDF and AIMRA have withdrawn from the October 2 protest after urging the government to defer the proposed UPI MDR and raise the threshold limit to ₹5 lakh

FCNR(B) impact: RBI's net short forward book swells to record $200 billion

RBI's net short dollar position in the forward book surged to $200.06 billion at August-end as FCNR(B) flows boosted longer-tenure forward positions

Odisha sets up CM-EAC on lines of EAC-PM to drive $1.5 trn economy goal

Panel comprising economists, former bureaucrats and Sarvam AI co-founder will advise on growth, fiscal management and structural reforms as Odisha pursues its 2047 target

Datanomics: Rupee feels the heat from crude oil, weakens beyond the dollar

The Indian rupee fell past the 96-per-dollar mark during intra-day trade on Tuesday, hitting a two-month low as higher crude prices triggered worries in energy markets.