Page 31 - Economy & Policy News
'Households allocating greater share of monthly bill to non-food spending'
Further, in absolute values (rupees), spending has increased across all states and sectors, with higher absolute expenditure in urban households
 "'Households allocating greater share of monthly bill to non-food spending'")
RBI receives tepid demand at seven-day variable rate repo auction
The net liquidity in the banking system was in a surplus of ₹1.56 trillion on Thursday, according to latest data by the RBI
 "RBI receives tepid demand at seven-day variable rate repo auction")
India's exports to Hong Kong rise by a fifth in Apr-Oct as demand rises
Hong Kong is among India's top 10 export destinations, accounting for close to 2 per cent of the country's total outbound shipments
 "India's exports to Hong Kong rise by a fifth in Apr-Oct as demand rises")
India eyes collaboration with Israeli startups to boost innovation: Goyal
He said one of the key elements of the proposed trade agreement between the two countries will be technology and innovation collaboration
 "India eyes collaboration with Israeli startups to boost innovation: Goyal")
US sanctions risk leaving 48 million barrels of Russian oil stranded at sea
Washington's move last month to blacklist top oil producers Rosneft PJSC and Lukoil PJSC is arguably its most aggressive to date under the current administration
 "US sanctions risk leaving 48 million barrels of Russian oil stranded at sea")
Trade uncertainties continue to weigh on private projects, shows data
September was the fourth quarter in a row where projects dropped on a rolling-basis
 "Trade uncertainties continue to weigh on private projects, shows data")
FM Sitharaman meets infrastructure, energy experts on Budget for FY27
She will present the Budget in the backdrop of geopolitical uncertainties and the steep US tariff of 50 per cent imposed on shipments from India
 "FM Sitharaman meets infrastructure, energy experts on Budget for FY27")
India's foreign exchange reserves jump $5.54 billion to $692.57 billion
The overall reserves had dropped by $2.699 billion to $687.034 billion in the previous reporting week
 "India's foreign exchange reserves jump $5.54 billion to $692.57 billion")
India, Afghanistan to appoint commercial attaches to boost bilateral trade
The announcement holds significance as it comes days after Afghan Deputy Prime Minister Mullah Abdul Ghani Baradar directed traders to phase out business with Pakistan within three months
 "India, Afghanistan to appoint commercial attaches to boost bilateral trade")
US sanctions Indian nationals, companies for role in Iran's oil shipments
The US has sanctioned several Indian nationals and companies for helping Iran sell petroleum products, saying the funds support terrorist groups and threaten American interests
 "US sanctions Indian nationals, companies for role in Iran's oil shipments")
India's flash PMI falls to six-month low at 59.9 in Nov from 60.4 in Oct
November Flash PMI 2025: The overall growth remained strong, with the index staying well above the neutral mark
 "India's flash PMI falls to six-month low at 59.9 in Nov from 60.4 in Oct")
FTA with India will boost bilateral trade and investments: Israeli minister
Nir Barkat added that a lot of Israeli companies are interested in opening up subsidiaries in India, which can act as a gateway to Asia for them
 "FTA with India will boost bilateral trade and investments: Israeli minister")
India's core sector momentum stalled as output hits 14-month low in October
Energy-sector contractions wiped out gains in construction-linked industries, leaving overall output unchanged from last year
 "India's core sector momentum stalled as output hits 14-month low in October")
Piyush Goyal to convene the Board of Trade to assess US tariff hit
Piyush Goyal will review export challenges, logistics gaps and trade deal gains as industry seeks clarity on the new Export Promotion Mission
 "Piyush Goyal to convene the Board of Trade to assess US tariff hit")
Confident of good trade deal with US, says RBI Governor Sanjay Malhotra
RBI Guv Malhotra said the BTA will relieve pressure on the rupee
 "Confident of good trade deal with US, says RBI Governor Sanjay Malhotra")
India offers major investment opportunities for Israeli firms: Piyush Goyal
Piyush Goyal said India presents strong investment prospects for Israeli companies across infrastructure, manufacturing, AI and emerging tech
Uttar Pradesh govt exports electronics, IT products worth ₹1.27 trillion
Electronics and IT exports jump sharply, backed by new investments and state incentives
 "Uttar Pradesh govt exports electronics, IT products worth ₹1.27 trillion")
Resilient domestic economy gives govt space to negotiate US trade deal
Indian exports to the US dropped 8.6 per cent year-on-year to $6.3 billion in October, the second month that the 50 per cent tariff on imports from the country was in place
 "Resilient domestic economy gives govt space to negotiate US trade deal")
COP30 agenda: Contentious issues on climate change on the margins
Due to lack of willingness on part of developed nations to open their purses, ambitions have turned to phasing out fossil fuels, in order to keep global warming below 1.5°C over pre-industrial levels
 "COP30 agenda: Contentious issues on climate change on the margins")
Govt to clear ₹800 crore pending exporters' dues under revamped IES
The move aims to ease pressure on MSME exporters as the revamped Interest Equalisation Scheme is folded into the new Export Promotion Mission
 "Govt to clear ₹800 crore pending exporters' dues under revamped IES")