Page 25 - Economy & Policy News
Govt's fiscal deficit touches 52.6% of BE till Oct, capex increases 32%
Experts said meeting the gross tax revenue budget target of ₹42.7 trillion would be difficult as it would require a Y-o-Y expansion of 22 per cent in the November-March FY26 period.
 "Govt's fiscal deficit touches 52.6% of BE till Oct, capex increases 32%")
FY26 GDP growth likely to be 7% or more: CEA V Anantha Nageswaran
India's GDP growth saw a six-quarter high of 8.2% in Q2 FY2026, increasing over the 7.8% growth seen in the first quarter of this fiscal
 "FY26 GDP growth likely to be 7% or more: CEA V Anantha Nageswaran")
Jul-Sep quarter GDP growth shows strength of Indian economy: FM Sitharaman
In the current financial year, real GDP has registered an 8 per cent growth rate in the first half of fiscal 2025-26
 "Jul-Sep quarter GDP growth shows strength of Indian economy: FM Sitharaman")
India set for over 7% GDP growth in FY26, to cross $4 trn mark: CEA
Chief Economic Adviser V Anantha Nageswaran said India's growth outlook remains strong, with Q2 momentum boosting expectations that GDP will exceed 7 per cent and cross $4 trillion this fiscal year
 "India set for over 7% GDP growth in FY26, to cross $4 trn mark: CEA")
Telangana outlines $3 trillion vision for 2047 with focus on human capital
Telangana has set a bold target to become a $3 trillion economy by 2047, with its new vision document centred on human capital, productivity and investment
 "Telangana outlines $3 trillion vision for 2047 with focus on human capital")
Mines ministry notifies new royalty rates for 4 critical minerals
The Union Cabinet earlier this month approved rate rationalisation for the four minerals to boost domestic production and facilitate their auctions
 "Mines ministry notifies new royalty rates for 4 critical minerals")
Delhi's inflation stays below national average in 2024-25: Govt report
The report prepared by the Directorate of Economics and Statistics of the Delhi government, however, showed that the inflation rate rose in the food & beverages and housing sectors
 "Delhi's inflation stays below national average in 2024-25: Govt report")
India's forex reserves fall $4.47 bn to $688.1 bn on gold valuation drop
For the week ended November 21, foreign currency assets, a major component of the reserves, decreased by USD 1.69 billion to USD 560.6 billion, the data released showed
 "India's forex reserves fall $4.47 bn to $688.1 bn on gold valuation drop")
PE/VC investments touch $5.3 billion in Oct, up 8%: EY-IVCA report
However, indicating that investors wrote larger cheques for fewer companies, the number of deals fell sharply, dropping to 102 compared to 112 deals in the corresponding period last year
 "PE/VC investments touch $5.3 billion in Oct, up 8%: EY-IVCA report")
India's fiscal deficit during Apr-Oct reaches 52.6% of FY26 target
Capital expenditure, or spending on building physical infrastructure, at ₹6.18 trillion against ₹4.7 trillion a year ago
 "India's fiscal deficit during Apr-Oct reaches 52.6% of FY26 target")
CEA flags bond market skew, calls for wider access for mid-sized firms
There is also a need to increase liquidity in the markets, and investors need to shed the tendency of holding papers till maturity, Nageswaran said
 "CEA flags bond market skew, calls for wider access for mid-sized firms")
India expects US trade deal by end of 2025 as most issues resolved: Report
The US imposed tariffs of up to 50% on imports from India starting in late August even as negotiations between the two countries continued
 "India expects US trade deal by end of 2025 as most issues resolved: Report")
India's Q2 FY26 GDP grows 8.2% as spending and key sectors strengthen
Real GDP for the quarter stood at ₹48.63 trillion, up from ₹44.94 trillion in Q2 FY25
Industrial output data for Oct postponed to Dec 1 ahead of GDP release
The IIP growth for September 2025 stood at 4 per cent, unchanged from August, supported by growth in the manufacturing sector
 "Industrial output data for Oct postponed to Dec 1 ahead of GDP release")
India negotiating FTAs with US, EU and 50 partners to boost trade: Goyal
Further, the minister stated that India is reviewing its trade pacts with 10-nation Asean bloc and with Korea to bring more balance to it
 "India negotiating FTAs with US, EU and 50 partners to boost trade: Goyal")
India to lead emerging market growth with 7% GDP rise in 2025: Moody's
Its projected average GDP growth in APAC (Asia-Pacific) will remain steady at 3.4 per cent in 2026 compared with 3.3 per cent in 2024 and expected growth of 3.6 per cent in 2025
 "India to lead emerging market growth with 7% GDP rise in 2025: Moody's")
India's economic growth, financial markets muddied by US trade deal woes
President Donald Trump's punitive 50 per cent tariffs, the highest among most major economies, have weighed on sentiment as exporters see orders from the US dry up
 "India's economic growth, financial markets muddied by US trade deal woes")
Biggest reform in laws since 1947 to spur jobs, investment: Labour secy
The new laws are expected to create 7.7 million additional jobs and bring down unemployment by as much as 1.3 per cent over the medium term, according to a Nov 25 report by SBI Research
 "Biggest reform in laws since 1947 to spur jobs, investment: Labour secy")
India's Q2 GDP growth likely stayed firm on strong domestic demand
Gross domestic product is expected to have grown 7.3 per cent in July-September from a year earlier, down from 7.8 per cent in the prior quarter
 "India's Q2 GDP growth likely stayed firm on strong domestic demand")
Rules for four new Codes to be in place before April 1: Labour secy
Gurnani said that the labour ministry will republish the draft rules soon and give 45 days' time for public consultation