Page 29 - Economy & Policy News
Lower GST rates to spur consumption and drive growth: S&P Global
"If India can secure a trade agreement with the US, it will reduce uncertainty and enhance confidence, which would boost labour-intensive sectors," the report added
 "Lower GST rates to spur consumption and drive growth: S&P Global")
Outward remittances under LRS grew marginally in September: RBI data
Outbound remittances rose slightly to $2.78 bn, even as H1 outflows stayed lower due to weaker education and family transfers
 "Outward remittances under LRS grew marginally in September: RBI data")
India and Canada to reboot trade deal negotiations after 2 years
Govt calls for deeper ties in critical minerals and N-power
 "India and Canada to reboot trade deal negotiations after 2 years")
Coverage under QCO is not enough to make an item 'restricted' under FTP
Relaxation covers exports still within 15 months as of Nov 13, 2025; FTP rules clarify quality-control imports, re-exports and refunds
 "Coverage under QCO is not enough to make an item 'restricted' under FTP")
India, EU set to firm up FTA, strategic agenda at summit on Jan 27
In September, Prime Minister Narendra Modi and European Commission President Ursula von der Leyen reaffirmed their commitment to finalise the trade deal by December
 "India, EU set to firm up FTA, strategic agenda at summit on Jan 27")
Net FDI to India doubles to $7.64 bn in April-September, shows RBI data
RBI data shows stronger gross inflows and lower repatriation lifted net FDI in Apr-Sep, even as September saw higher outward investment pushing net flows into the red
 "Net FDI to India doubles to $7.64 bn in April-September, shows RBI data")
India's pvt corporate sector posts stronger sales growth in Q2FY26: RBI
The assessment is based on abridged financial results of 3,118 listed non-government, non-financial firms.
 "India's pvt corporate sector posts stronger sales growth in Q2FY26: RBI")
Rupee recovers as RBI intervention cools pressure from strong US dollar
The rupee clawed back some losses after the RBI intervened heavily in spot and NDF markets, helping arrest its slide toward 90 per dollar even as global dollar strength
 "Rupee recovers as RBI intervention cools pressure from strong US dollar")
Ayodhya's tourism economy likely to generate ₹18,000 crore by 2028
Currently, the city's tourism sector generates between ₹8,000 crore and ₹12,500 crore annually spanning the hospitality, transport, retail, and services sectors
 "Ayodhya's tourism economy likely to generate ₹18,000 crore by 2028")
India's finished steel imports in April-October down 34%, shows govt data
India, the world's second-biggest crude steel producer, imported 3.8 million metric tons of finished steel during April-October and was a net importer of the alloy, the data showed
 "India's finished steel imports in April-October down 34%, shows govt data")
Afghanistan offers 5-year tax exemption to Indian investors in gold mining
Afghanistan will charge only 1 per cent tariff if Indian firms import machinery for investment
 "Afghanistan offers 5-year tax exemption to Indian investors in gold mining")
Non-US markets emerge as new growth engine for marine exports: Govt data
The exports to the US have been impacted because of 50 per cent tariffs on Indian marine products
 "Non-US markets emerge as new growth engine for marine exports: Govt data")
From gig workers to factories: What India's new labour codes really mean
India's overhaul merges 29 labour laws into four codes, reshaping minimum wages, gig-worker social security, industrial relations, and workplace safety through unified rules and digital compliance
 "From gig workers to factories: What India's new labour codes really mean")
India, Canada agree to resume FTA negotiations, says Piyush Goyal
A FTA or Comprehensive Economic Partnership Agreement (CEPA) has many strategic elements to it and it is a demonstration of the trust between the two countries, said Goyal
 "India, Canada agree to resume FTA negotiations, says Piyush Goyal")
S&P pegs India's FY26 GDP growth at 6.5%; tax cuts to drive consumption
India's real gross domestic product (GDP) is estimated to have grown at the fastest pace in five quarters at 7.8 per cent in the April to June period of current fiscal year
 "S&P pegs India's FY26 GDP growth at 6.5%; tax cuts to drive consumption")
India, Canada agree to restart stalled talks for new trade deal: Govt
The restart of talks highlights thawing relations between the two countries as Carney pushes to expand trade ties beyond the US, its biggest trading partner
 "India, Canada agree to restart stalled talks for new trade deal: Govt")
Japan aims to foster growth in areas of semiconductors, AI with India
Prime Minister TAKAICHI further stated that, based on the Japan-India Joint Vision for the Next Decade launched during PM Modi's visit to Japan, she is determined to achieve tangible results
 "Japan aims to foster growth in areas of semiconductors, AI with India")
Spice exporters look to tap new markets in Russia, Africa, Southeast Asia
Spices exports have been hit hard due to punitive US tariffs
 "Spice exporters look to tap new markets in Russia, Africa, Southeast Asia")
Labour codes: Real estate expects up to 10% spike in baseline labour cost
Developers expect short-term cost and timeline pressures, but say unified labour laws will bring predictability, better compliance and steadier workforce availability
 "Labour codes: Real estate expects up to 10% spike in baseline labour cost")
India breaks into global quick commerce top 3, behind only China and US
Statista projects India's qcom revenues to double to $11 billion by 2030 as user numbers rise and platforms expand into more cities
 "India breaks into global quick commerce top 3, behind only China and US")