Page 85 - Economy & Policy News

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, 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

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

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

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

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

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

Confident of good trade deal with US, says RBI Governor Sanjay Malhotra

RBI Guv Malhotra said the BTA will relieve pressure on the rupee

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

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

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

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

India may raise Saudi oil purchases after pulling away from Russian crude

A modest rise in Saudi imports leaves India facing a sizable shortfall as it cuts back on Russian crude

Samriddhi 2025: 'Industry aligning with India's circular economy vision'

At the Business Standard Samriddhi event in Lucknow, industry leaders said India Inc is gradually embracing the circular economy model, noting its potential to curb pollution

BS Samriddhi 2025: Uttar Pradesh eyes ₹63K crore excise haul in FY26

Bootlegging curbed, compliance up, liquor industry growing 13-14% annually: State excise min

RBI's inflation model under fire as persistent overestimates draw scrutiny

The central bank's inflation miss in the first three months of the year was 0.7 percentage points - the biggest gap in almost six years, and well above economists' projections

Budget 2026-27: Make demergers tax-neutral, biz houses nudge govt

Industry representatives believe that addressing these issues will improve ease of doing business, facilitate legitimate restructuring, and reduce future tax disputes

India, Israel FTA progress review may figure during Goyal's Tel Aviv visit

The minister is leading a 60-member business delegation to Israel, where he would hold discussions with leaders and businesses on ways to boost bilateral trade

Trade portal to open new insights for importers, exporters, startups: Goyal

TIA Portal is a one-stop trade intelligence and analytics platform that integrates multiple global and national databases along with macro-economic indicators