Page 86 - Economy & Policy News

MoSPI releases NIC 2025, aims to capture economy's new & emerging sectors

NIC 2025's new six-digit coding expands coverage to emerging digital, green and indigenous sectors, offering sharper classification for surveys, GDP estimation and policy planning

Goyal launches trade intelligence portal to track FTAs, global mkt trends

Piyush Goyal has launched a unified trade intelligence portal offering real-time analytics on FTA utilisation, global demand, supply chains and export opportunities

Rlys launches policy for bulk terminals to increase cement freight volumes

With the current share of 17 per cent, the railways is expected to earn ₹12,800 crore in the current financial year

Need to relook at Rs 15k ceiling for mandatory pension enrolment: DFS Secy

Nagaraju said the beneficiaries under the government-backed Atal Pension Yojana have touched 8.3 crore, and 48 per cent of them are women

RBI's policy dilemma: To look at inflation or growth for rate action

A forward looking approach would prompt rate cut as H2 GDP growth likely to be softer

LPG deal with US likely to shield India from geopolitical shocks

India's decision to import LPG from the US helps it to diversify sources as it reduces almost full reliance on West Asian countries for supply of the country's primary cooking fuel

Why the South keeps pulling ahead: Growth, demographics and development

Beyond the increasing complaints about their falling share of central tax revenues, the experience of southern states holds a lesson for the poorer regions wishing to bridge the gap

India needs 'last push' to become third-largest economy: Piyush Goyal

India, which became the fourth-largest economy earlier this year, is expected to overtake Germany and move into the third position in the next 2.5-3 years

Icra projects India's GDP growth to ease to 7% for September quarter

Icra said while services and agriculture sectors would lose some momentum in the second quarter, industrial performance would be strong, propelled by manufacturing, and construction

Gems & jewellery exports slipped 30% to $2.17 billion in October: GJEPC

Sector hopes for relief as FTA talks with the US and EU progress; FY26 exports may still reach $30-35 billion

PM Kisan 21st instalment: How farmers can do eKYC to get Rs 2000

Farmers must finish the eKYC process to get the 21st instalment of the PM Kisan scheme. The PM Kisan portal and Kisan-eMitra offer help in regional languages to get Rs 2,000

UP govt to set up 75,000 new food processing units across the state

Building on this momentum, the Yogi Adityanath government has set an ambitious target- by 2047, agriculture and allied activities should contribute $1 trillion to UP's Gross State Domestic Product

Unemployment rate unchanged at 5.2% in October, shows PLFS data

The jobless rate in rural areas fell to 4.4 per cent from 4.6 per cent during this period

First tranche of US-India bilateral trade agreement 'near closure'

India says the first tranche of the Indo-US trade deal is close to finalisation, with talks focused on easing reciprocal tariffs and boosting bilateral trade amid shifting export trends

India to gain as US rolls back tariffs on key farm goods: Commerce minister

The Commerce Ministry said that while this applies to all trading partners, it creates a level playing field for Indian exporters

200% spike in gold import drives India's trade deficit to $41.68 billion

Exports in Oct saw sharpest decline in 14 months

India proposes anti-dumping duties on met coke imports from six countries

DGTR flags heavy dumping from Australia, China, Colombia, Indonesia, Japan and Russia, citing losses and shutdowns for domestic producers

YouTube's creative ecosystem added over ₹16K cr to India's GDP in 2024

YouTube said its creator ecosystem supported 9.3 lakh jobs, expanded AI tools for creators and announced new partnerships with IICT and AIIMS to strengthen skills and digital learning in India

India imposes anti-dumping duty on Vietnam steel imports for 5 years

Move will curb unfair trade practices and safeguard national capacity, says Jindal

India's Gold imports triple to record $14.7 bn in October on high demand

Cumulatively, imports during April-October this fiscal year rose 21.44 per cent to USD 41.23 billion from USD 34 billion a year ago