Page 24 - Economy & Policy News
Net GST Collection sees modest uptick at ₹1.52 trillion in November
The GST Compensation Cess collections slipped a sharp 69.06 per cent to ₹4,006 crore from nearly ₹13,000 crore a year ago
 "Net GST Collection sees modest uptick at ₹1.52 trillion in November")
Govt blocks 87 illegal loan lending applications after due process
The government on Monday said a total of 87 illegal loan lending applications have been blocked after following the due process.
 "Govt blocks 87 illegal loan lending applications after due process")
ATF price hiked by 5.4%, commercial LPG cylinders see ₹10 reduction
ATF prices in Delhi increased by Rs 5,133.75 per kilolitre to Rs 99,676.77 per kl, marking the third consecutive monthly hike
 "ATF price hiked by 5.4%, commercial LPG cylinders see ₹10 reduction")
India's manufacturing PMI eases to 56.6 in Nov as tariffs hit export orders
India's manufacturing PMI fell to a nine-month low in November as new orders, export demand and hiring softened, with companies citing tariff pressures and fading GST-related gains
 "India's manufacturing PMI eases to 56.6 in Nov as tariffs hit export orders")
Stellar growth, low inflation raise questions over need for RBI rate cuts
India's economy expanded at a sharper-than-expected clip of 8.2 per cent in the July-September quarter, prompting analysts to raise their full-year growth estimates to above 7 per cent
 "Stellar growth, low inflation raise questions over need for RBI rate cuts")
India's quiet rollback of trade barriers eases worry for global partners
The government argued that, since it was facing a flood of imports from China, it needed to ensure that these were of sufficient quality to meet Indian standards
 "India's quiet rollback of trade barriers eases worry for global partners")
After robust H1, economists upgrade full-year FY26 growth forecast to 7.5%
Most economists have raised India's FY26 GDP growth forecast to around 7.5% after a strong first half, citing robust Q2 data, improving credit trends and potential support from a US trade deal
 "After robust H1, economists upgrade full-year FY26 growth forecast to 7.5%")
Bills to replace GST compensation cess may be tabled in Lok Sabha on Monday
Demerit goods to face a new levy to finance national security and public health
 "Bills to replace GST compensation cess may be tabled in Lok Sabha on Monday")
CII flags $1 tn green funding gap, seeks new finance body in Budget 2026
Industry body calls for a GIFT City-based intermediary to scale green capital, recycling and fast-track clearances
 "CII flags $1 tn green funding gap, seeks new finance body in Budget 2026")
Statsguru: Labour pain may give birth to a new era with new Codes
The new codes, consolidating 29 laws, promise enhanced social security for gig workers and women, amid data showing rising wages but high wealth inequality
 "Statsguru: Labour pain may give birth to a new era with new Codes")
Govt must keep non-serious firms out of magnet scheme: Sona Comstar MD
Sona Comstar MD says Centre should consider 'ring-fencing' this sector through safeguard duties in future
 "Govt must keep non-serious firms out of magnet scheme: Sona Comstar MD")
'RBI may cut interest rate by 25 bps amid subdued inflation, strong GDP'
The consumer price index (CPI) based headline retail inflation is ruling below the 2 per cent lower band mandated by the government for the last two months
 "'RBI may cut interest rate by 25 bps amid subdued inflation, strong GDP'")
CII urges govt to set up finance institution, fund to promote green economy
As India moves closer to its goal of becoming a $5 trillion economy, advancing a green economy is no longer a choice but a strategic necessity, it said
 "CII urges govt to set up finance institution, fund to promote green economy")
India's exports face higher risk due to climate inaction, warns BCG
India is among the top 10 countries most affected by extreme weather events, as the 'Climate Risk Index 2026' launched at COP30 reveals
 "India's exports face higher risk due to climate inaction, warns BCG")
Indian govt, ADB sign $800 mn loan pacts for key projects in three states
These sectors include logistics, automotive, manufacturing, information technology, renewable energy, healthcare and agri-tech
 "Indian govt, ADB sign $800 mn loan pacts for key projects in three states")
Crisil raises India's FY26 GDP forecast to 7% after strong Q2 growth
Chief economist of Crisil, Dharmakriti Joshi, said that India's real GDP growth stood at 8.2 per cent in the second quarter, exceeding expectations
 "Crisil raises India's FY26 GDP forecast to 7% after strong Q2 growth")
India's forex reserves fall by $4.47 billion as gold reserves decrease
RBI data shows declines in gold and foreign currency assets, pulling reserves down to $688 billion
 "India's forex reserves fall by $4.47 billion as gold reserves decrease")
India's new GDP series in February 2026 to spur IMF rating upgrade
The IMF has 'assured' that its 'C' rating for India's national accounts data will be reassessed once the new gdp series is released in feb 2026
 "India's new GDP series in February 2026 to spur IMF rating upgrade")
Framework trade deal with US likely by year-end: Commerce Secretary
India nears a framework trade deal with the US but insists both reciprocal and Russian-oil-linked tariffs must be resolved together, even as parallel talks with the EU and Canada gather pace
 "Framework trade deal with US likely by year-end: Commerce Secretary")
Manufacturing muscle lifts Q2 GDP growth to 6-quarter high of 8.2%
FY26 estimates to be revised upwards after faster-than-expected expansion
 "Manufacturing muscle lifts Q2 GDP growth to 6-quarter high of 8.2%")