Page 88 - Economy & Policy News
India negotiating trade pact with US, EU, other nations: Piyush Goyal
The minister added that lowering trade barriers globally will help promote free flow of goods, services and capital
 "India negotiating trade pact with US, EU, other nations: Piyush Goyal")
Govt may need ₹2,000 cr corpus to implement credit guarantee scheme
The Centre will provide ₹2,000 crore to back a ₹20,000-crore credit guarantee scheme aimed at easing liquidity for exporters, especially MSMEs, amid tariff pressures from the US
 "Govt may need ₹2,000 cr corpus to implement credit guarantee scheme")
₹25K crore export push clears Cabinet hurdle, implementation next
EPM to aid MSMEs with trade finance, market access; IES to be revamped
 "₹25K crore export push clears Cabinet hurdle, implementation next")
India's Q2 economic growth may have surpassed RBI's 7% projection
Economists see growth above 7% in July-September, backed by consumption revival, robust capex, and steady industrial output; RBI had earlier pegged Q2 GDP at 7%
 "India's Q2 economic growth may have surpassed RBI's 7% projection")
Manmohan Singh was no free market ideologue: Montek Singh Ahluwalia
Manmohan Singh was not a free-market ideologue but a reformer guided by pragmatism, integrity, and faith in the state's developmental role, says Ahluwalia
 "Manmohan Singh was no free market ideologue: Montek Singh Ahluwalia")
New GST rates help cut Oct inflation by 85 bps to record low 0.25%: Experts
The Consumer Price Index- (CPI-) based retail inflation was lowest in the current series (base year 2012), which captures data since January 2014
 "New GST rates help cut Oct inflation by 85 bps to record low 0.25%: Experts")
Chhattisgarh govt starts biggest copper concentrate export to China
Equipped with the latest cargo handling systems, rail connectivity, and multimodal integration, the facility enables industries to access global markets
 "Chhattisgarh govt starts biggest copper concentrate export to China")
MSMEs in Uttar Pradesh seek trade partners in Africa, Latin America
The Indian Industries Association (IIA) will host International Tourism & Hospitality Expo (ITH Expo 2025) in Varanasi from December 18 to19
Decoded: How the 8th Pay Commission could change govt pay and pensions
As the 8th Pay Commission begins work, here is how it will review salaries, allowances and pensions, and why its recommendations could reshape government finances and employee welfare
 "Decoded: How the 8th Pay Commission could change govt pay and pensions")
Textile exports to 111 countries record 10% growth during Apr-Sep: Govt
Overall, India's global exports of textiles, apparel and made-ups grew marginally by 0.1 per cent during April-September 2025
 "Textile exports to 111 countries record 10% growth during Apr-Sep: Govt")
Indian economy poised for 6.5% growth through 2027: Moody's Ratings
Moody's said that there are several risks ahead, including geopolitical tensions, trade disruptions, and unstable financial markets
 "Indian economy poised for 6.5% growth through 2027: Moody's Ratings")
India's vegetable oil imports flat at 16.3 million tonnes in 2024-25: SEA
Soybean oil imports hit a record 5.47 million tonnes in 2024-25, surpassing the previous high of 4.23 million tonnes set in 2015-16, SEA said
 "India's vegetable oil imports flat at 16.3 million tonnes in 2024-25: SEA")
Govt's ₹45,000 cr schemes to boost global competitiveness: Exporters
Export Promotion Mission (₹25,060 crore) and the Credit Guarantee Scheme (₹20,000 crore) will strengthen India's export ecosystem and global competitiveness
 "Govt's ₹45,000 cr schemes to boost global competitiveness: Exporters")
DPIIT gets 13 PLI applications for white goods with ₹1,914 cr commitment
These investments focus on producing copper tubes, aluminium stock, compressors, motors, heat exchangers, control assemblies, and other high-value components
 "DPIIT gets 13 PLI applications for white goods with ₹1,914 cr commitment")
Swift rollout of export promotion hinges on clear rules, funding: GTRI
The government approved Rs 25,060 crore Export Promotion Mission which seeks to strengthen India's export competitiveness, particularly for MSMEs
Retail inflation dropped to series low of 0.25% in Oct on base effects
In rural India, retail prices slipped into deflationary zone with the NSO reporting a 0.25 per cent drop in the CPI (Rural), compared to a 1.07 per cent increase in September
 "Retail inflation dropped to series low of 0.25% in Oct on base effects")
Govt approves rationalisation of royalty rates for four critical minerals
The Union Cabinet approved rationalised royalty rates for graphite, caesium, rubidium and zirconium to encourage domestic mining and promote auctions of critical mineral blocks
 "Govt approves rationalisation of royalty rates for four critical minerals")
NaBFID raises ₹4,120 cr from long-term bond sale at coupon rates of 6.86%
The infra lender mobilised funds through 5- and 15-year bonds, marking continued investor interest in long-term infrastructure financing instruments
 "NaBFID raises ₹4,120 cr from long-term bond sale at coupon rates of 6.86%")
Cabinet clears ₹45,060 cr schemes to boost exporters amid US tariff blow
Cabinet approves export promotion mission, credit guarantee schemes
 "Cabinet clears ₹45,060 cr schemes to boost exporters amid US tariff blow")
Pre-Budget talks: MSMEs urge relief package for exporters hit by US tariff
MSME players in pre-Budget talks seek collateral-free credit, relaxed NPA norms, and tax reliefs to offset the impact of a 50% US tariff hike on exports and ease liquidity pressures
 "Pre-Budget talks: MSMEs urge relief package for exporters hit by US tariff")