Page 51 - Economy & Policy News
Maharashtra overtakes Tamil Nadu in NITI's 2024 export preparedness index
Maharashtra has emerged as the most prepared large state in NITI Aayog's Export Preparedness Index 2024, overtaking Tamil Nadu as several other states gain ground
 "Maharashtra overtakes Tamil Nadu in NITI's 2024 export preparedness index")
India, US restart virtual trade talks; Sergio Gor presents credentials
India and the US have resumed virtual talks on a bilateral trade deal after the holiday break, with both sides signalling commitment but no timeline yet for in-person negotiations
 "India, US restart virtual trade talks; Sergio Gor presents credentials")
Wholesale inflation climbs to eight-month high of 0.83% in December
India's wholesale price inflation rose to an eight-month high of 0.83 per cent in December, ending a two-month deflationary spell as food prices stabilised and core inflation firmed up
 "Wholesale inflation climbs to eight-month high of 0.83% in December")
India's crude lifelines surge as sanctions reshape global oil flows
Recent geopolitical developments have seen record fuel supplies, expanded discounts on oil and robust domestic appetite for fuel
 "India's crude lifelines surge as sanctions reshape global oil flows")
RBI recognises FEDAI as self-regulatory organisation for authorised dealers
The Reserve Bank of India has recognised FEDAI as a self-regulatory organisation for authorised dealers, giving it a year to align governance and operations with the Omnibus SRO framework
 "RBI recognises FEDAI as self-regulatory organisation for authorised dealers")
Geoeconomic confrontation emerges as top global risk, says WEF report
The World Economic Forum's Global Risks Report 2026 flags geoeconomic confrontation as the biggest global threat, with interstate conflict, climate risks and polarisation close behind
 "Geoeconomic confrontation emerges as top global risk, says WEF report")
India's GDP to grow at 7.5-7.8% in FY26, 6.6-6.9% in FY27: Deloitte
Early in 2025, signals of external risks such as unpredictable trade policies, geopolitical tensions, and slowing growth among major partners prompted decisive action
 "India's GDP to grow at 7.5-7.8% in FY26, 6.6-6.9% in FY27: Deloitte")
India wholesale inflation rises to 0.83% in Dec 2025 against -0.32% in Nov
December 2025 WPI-based inflation: Positive rate is due to an increase in prices of other manufacturing, minerals, and the manufacturing of machinery and equipment
World Bank upgrades India's economic growth forecast to 6.5% for FY27
It highlighted AI and possible resolution of trade disputes as upside risks
 "World Bank upgrades India's economic growth forecast to 6.5% for FY27")
India's state finances face headwinds in FY26, says CareEdge report
The report suggests that growth in aggregate revenue receipts slowed to 7.2 per cent year-on-year during April-November 2025
 "India's state finances face headwinds in FY26, says CareEdge report")
India slips to third among Russian oil buyers as US sanctions hit flows
RIL has cut Russian oil imports by 49 per cent, while the state-run refineries reduced it by 15 per cent in the month, said CREA
 "India slips to third among Russian oil buyers as US sanctions hit flows")
India may face fallout from US 25% tariff on Iran trade partners
Though largely routed via UAE, India's basmati rice and tea exports may come under pressure
 "India may face fallout from US 25% tariff on Iran trade partners")
Strong domestic growth will attract foreign investments: RBI Governor
The six-member Reserve Bank of India's Monetary Policy Committee had revised its growth forecast for the current financial year to 7.3 per cent in December from 6.8 per cent in October
 "Strong domestic growth will attract foreign investments: RBI Governor")
Datanomics: Ties with Germany to power India-EU relations ahead
The visit is significant in the wake of ongoing discussions to finalize the India-European Union FTA
 "Datanomics: Ties with Germany to power India-EU relations ahead")
Hungry for power: Rise of data centres fuels concerns over energy infra
India's fast-growing data centre sector is emerging as a major new driver of power demand, prompting questions over grid capacity, energy sourcing and long-term infrastructure readiness
 "Hungry for power: Rise of data centres fuels concerns over energy infra")
Vegetable oil imports rise 8% to 13.83 lakh tonnes in Dec: Industry body
According to data, imports of edible oils increased to 13,62,245 tonnes last month, from 12,29,790 tonnes in December 2024
 "Vegetable oil imports rise 8% to 13.83 lakh tonnes in Dec: Industry body")
How seriously Indian states are funding artificial intelligence ambitions
A review of FY26 state Budget speeches shows wide variation in how Indian states plan to adopt AI and how little most are willing to spend on it
 "How seriously Indian states are funding artificial intelligence ambitions")
RBI gets bids three times notified amount at buy-sell swap auction
At the auction, the central bank received 348 bids worth $29.94 billion and accepted 42 bids, with the cut-off premium set at 728 paise
India slips to third among Russian fossil fuel buyers amid sanctions
India's Russian fossil fuel imports fell sharply in December, pushing it to third place as Reliance and state refiners cut crude purchases amid sanctions and price caps
Venezuela crisis unlikely to hit India oil prices in near term: Crisil
On January 3, the US launched a large-scale operation in Venezuela's capital Caracas and captured President Nicolás Maduro and his wife Cilia Flores
 "Venezuela crisis unlikely to hit India oil prices in near term: Crisil")