Page 3 - Economy & Policy News

India's school-to-work push faces test of skills, jobs and apprenticeships

The government plans to link education and employment databases and expand career counselling in schools, but experts say apprenticeships, training, and job creation are key to improving outcomes

India flags off first shipment to New Zealand under free trade agreement

The first shipment, a Maharashtra-made JCB mini excavator, marks the start of zero-duty access for Indian engineering goods as both nations aim to double bilateral trade by 2030.

Govt to launch AgriPV support scheme, 5 GW capacity possible: MNRE secy

The proposed central scheme aims to bridge the 25-30% higher cost of AgriPV projects, with capacity addition depending on states notifying feed-in tariffs, says MNRE Secretary

Engineering exports may hit record $150 billion in FY27: EEPC chairman

The Engineering Export Promotion Council (EEPC) Chairman said shipments are recording healthy growth in markets such as the US

Statsguru: Don't blame stubble burning alone for poor air quality

Farm fires are seasonal, but year-round emissions from power plants and persistently high PM2.5 levels underline the need for a broader clean-air strategy

India-New Zealand FTA expected to boost trade diversification strategy

The trade pact, effective Tuesday, offers duty-free access to Indian exports, targeted tariff concessions and a $20 billion investment commitment as both nations aim to double trade by 2030

India's exports grow across regions, led by Africa, ASEAN in Apr-Aug

India's merchandise exports grew across key regions in April-August FY27, with shipments to Africa rising 47% to $26.19 billion and ASEAN exports surging 56% to $23.08 billion.

Indian refiners' fuel exports to West rise 43% amid Russian crude use

Reliance Industries Ltd's Jamnagar refinery in Gujarat supplied six of the seven cargoes unloaded at EU ports that month, despite the bloc's ban on fuel made from Russian crude

Delhi sets up DITI on lines of NITI Aayog, to act as premier advisory body

DITI will function as the Delhi government's premier advisory body for public policy, development strategy and institutional reforms, an official notification said

India to keep Russian oil imports near current levels after Trump waiver

India imported 1.82 million barrels per day of Russian crude in September, and Kpler expects October volumes at 1.8-1.9 million bpd after Trump waived sanctions and tariffs on major buyers

Trump's sanctions waiver offers India temporary relief, no certainty: GTRI

The think tank said the waiver offers temporary relief from threatened additional duties of up to 100% but leaves US free to revive the tariff threat, urging India to prioritise energy security

IIFCL, two Coal India units to list on D Street in FY27: Dipam Secretary

DIPAM Secretary Arunish Chawla said the "momentum" in stake sales and public offerings would continue in FY27

China's non-tariff walls a major export hurdle: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman says China has denied market access to Indian products despite repeated requests, while calling for a review of India's trade pact with Asean.

Datanomics: India's capital productivity has declined in recent years

In its over 75-year journey since national accounts data has been available, the economy has delivered at least an eight per cent growth rate in seven years

India's GDP to grow 7.1-7.3% in FY27, pvt investment to revive: Deloitte

Deloitte India has raised its FY27 growth forecast from 6.5-6.8 per cent, citing sustained private demand and improving investment conditions, while flagging geopolitical risks.

PM Modi, Canadian foreign minister discuss concluding CEPA by year-end

The two sides discussed expanding trade and investment ties across energy, education, tech and security, with a Canadian trade mission to India as a step towards deeper Indo-Pacific engagement

India GDP to grow 7.1-7.3% in FY27 on private investment revival: Deloitte

However, geopolitical tensions, volatile energy prices and trade disruptions pose risks to the growth outlook, it added

India-US trade deal would be concluded at the earliest: Sitharaman

On trade with China, Sitharaman said the growing trade imbalance and persistent restrictions on market access for Indian products remained major concerns

China's trade barriers remain a hurdle to closer bilateral ties: Sitharaman

Finance Minister said that Chinese non-tariff barriers are restricting Indian exports of generic drugs, beef, and vegetables, complicating efforts to strengthen trade and improve bilateral relations

Govt raises petrol export duty to ₹2.5/litre, cuts diesel duty to ₹8.5

The export duties ‌are currently reviewed every fortnight and adjusted in line ‌with movements ​in international crude ​oil and petroleum product prices