Page 41 - Economy & Policy News

South Asia regains top spot in growth outlook as economist sentiment flips

South Asia tops global growth outlook as WEF economists turn bullish again, with India anchoring optimism even as global growth risks persist

India flags 'huge mountain of debt' in developed nations as major concern

Japan's 40-year bond yield rocketed past 4 per cent to a fresh high since its debut in 2007 and a first for any maturity of the nation's sovereign debt in more than three decades

Under- 40 entrepreneurs account for nearly 1/11th of India's GDP

201 leaders run companies worth ₹31 trillion

India set to become 3rd largest economy by 2028, says Gita Gopinath

Gopinath said the challenge for India is not becoming the third-largest economy; the challenge is raising per capita income to higher levels

Staff cuts, red tape may derail India FTA gains, warns UK Parliament panel

It finds that initial duty savings for UK exporters to India could total400 million pounds a year, potentially rising up to 3.2 billion pounds after 10 years as export volumes increase

India's financial assets & liabilities logs strong growth in FY24: RBI

India's financial assets and liabilities expanded at a robust pace in 2023-24, supported by strong economic growth, rising household savings, deeper financial intermediation and healthier sectoral bal

Current state of economy provides ground for optimism: RBI bulletin

Global growth remained resilient in 2025 despite heightened uncertainties. Though elevated, global uncertainty witnessed further moderation in December

RBI net sells $9.7 billion in November, short dollar position rises

RBI's net dollar sales moderated in November, even as its outstanding short dollar position in the forward market rose further, reflecting continued intervention to manage rupee volatility

India is in top tier of AI economies, not second rung: Vaishnaw at Davos

Speaking during a panel discussion at the World Economic Forum (WEF) annual meeting in Davos, Vaishnaw questioned the basis on which the IMF had drawn its assessment

Cabinet clears ₹5,000 crore equity infusion into SIDBI to boost MSME credit

The government's phased equity support aims to strengthen SIDBI's capital base, expand MSME lending, improve credit access and support employment growth while keeping capital adequacy well above regul

India-EU trade deal almost done, Spain's Albares signals stronger ties

Everything is going forward perfectly. We do not expect any obstacle," Spain's Foreign Minister Albares said after bilateral meetings with Jaishankar

Cabinet clears ₹5,000 cr equity infusion into Sidbi to boost MSME credit

The equity infusion into Sidbi will be provided over three years to strengthen its capital base and expand credit flow to MSMEs, with support expected to reach 2.6 million additional units by FY28

Fertiliser imports set for record $18 billion this fiscal year: Officials

In the first ​nine months of the fiscal year that ends in March, India's fertiliser imports surged 71 per cent from a year earlier to $13.98 billion

India stopped buying Russian oil after Trump's 25% tariff, claims Bessent

The Trump administration is weighing a Russia sanctions bill by Senator Lindsey Graham that would allow the US to impose tariffs of at least 500 per cent on countries that continue buying Russian oil

BPCL leads push to lock in long-term Middle East crude oil purchases

BPCL, as the company is known, has issued tenders for three grades - Abu Dhabi's Murban, Iraqi Basrah and Oman crude - for delivery from April to March 2027

India's December core sector output hit highest level so far in FY26

India's core sector output hit a FY26 high in December, with year-on-year growth rising to a four-month peak of 3.7%, led by electricity, cement and steel

Americans pay the bulk of tariffs on Indian exports, finds study

Indian exporters did not cut prices after the US imposed 50% tariffs, instead reducing volumes, leaving American consumers to bear most of the tariff burden, a Kiel study finds

India's oil bill plunges 8.5% in December amid falling crude prices

The country benefited from lower crude oil prices, driven by an oversupplied global market and subdued demand conditions

US senator Steve Daines pushes for American pulses' access to Indian market

US Senator Steve Daines urged faster India-US trade talks, pressing for greater market access for American pulses, a long-standing and sensitive issue for New Delhi

MMRDA signs 10 MoUs worth Rs 8.73 trillion on day one of WEF 2026

MMRDA signs $96 billion worth of MoUs at WEF 2026 Davos, boosting Mumbai 3.0 vision and reinforcing Maharashtra's push towards a $1 trillion economy