Page 89 - Economy & Policy News

Govt may allow NFRA to split audit review and disciplinary functions

Currently, the NFRA executive body is entitled to discharge all functions and duties assigned to the authority as a whole

Preparing the FTA pitch: India, Australia eye full deal amid US tariffs

Three years after India and Australia signed an interim trade deal, the two sides are moving decidedly towards a full-fledged free trade agreement. They have rising US tariffs to contend with

Govt approves ₹25,060 crore 'Export Promotion Mission' for six years

The mission will be implemented through two sub-schemes -- Niryat Protsahan and Niryat Disha

Priyank Kharge: Govt-industry ties vital for India's deeptech growth

Karnataka IT Minister Priyank Kharge said the State aims to lead globally in deeptech innovation, emphasising collaboration between government and industry to boost entrepreneurship and talent

Andhra, Tillman Global sign deal for ₹15,000 cr Visakhapatnam data centre

Andhra Pradesh has signed an MoU with Tillman Global Holdings to develop a 300 MW hyperscale data centre campus in Visakhapatnam with an investment of Rs 15,000 crore over 12 months

Retail inflation cools to 0.25% in October on GST cuts, low food prices

October CPI-based inflation: India's food inflation dropped sharply in October, falling to -5.02 per cent from -2.28 per cent in September

GDP likely to grow 7.2% in Q2 FY26, driven by private consumption: Ind-Ra

India's real Gross Domestic Product (GDP) is estimated to have grown at the fastest pace in five quarters at 7.8 per cent in the April to June period of the current fiscal

Mospi releases discussion paper on compilation of new IIP series

In the present series of IIP, the index is compiled based on data received from a fixed panel of factories selected in the base year to represent industrial activity across various sectors

India's 2025-26 sugar production expected to rise 18.6%, says Isma

Isma said opening stocks stood at 5 mt, while ethanol diversion is estimated at around 3.4 million tonnes for the current year

GST reforms to propel India's FY26 GDP growth to 7.4%, says NIPFP

NIPFP pegs India's FY26 GDP growth at 7.4% - higher than RBI's 6.8% forecast - citing GST reforms, robust investment, and strong US economic performance

US President Donald Trump says deal near; no need for more talks: India

As the US President says both sides are "pretty close" to a fair deal, Indian officials indicate no new round of negotiations is needed, with most issues already resolved

India's net direct tax collection up 7% so far in FY26: CBDT data

The Centre has budgeted Rs 25.2 trillion in direct tax collections for FY26. In the previous year, net direct taxes rose 13.6 per cent to Rs 22.26 trillion, surpassing the Budget estimate

EOUs need not debit anti-dumping duty to the B-17 bond at import stage

TNC Rajagopalan answers SME queries related to GST, export and import matters

India may miss 5 MMT green hydrogen output for 2030 target: MNRE Secy

Under the National Green Hydrogen Mission launched in 2023, the government has set a target of 5 MMT of annual production capacity of green hydrogen by 2030

Over 40% of India's IT, gig workforce adopt AI; employability rises

According to the India Skills Report 2026, India now contributes 16 per cent of the world's AI talent, projected to grow to 1.25 million professionals by 2027

Piyush Goyal defends QCOs amid calls to suspend 200 product orders

The commerce minister said QCOs are aimed at improving product quality and boosting domestic manufacturing, even as a NITI Aayog panel seeks their suspension

Labour ministry launches Digital Labour Chowk, links it with VBRY

The new multilingual app aims to connect workers and employers safely and transparently, while states are urged to align job programmes with the Viksit Bharat Rojgar Yojana

Centre may frame five-year integrated transport plans under new body

The new authority will shift India's transport strategy from individual project planning to long-term integrated corridor development aligned with economic goals

Three years on, India-Australia trade deal sees high use, but modest gains

With high levels of saturation, India is now looking to convert the interim deal into a comprehensive trade agreement that will include new-age trade issues left out in the first round

Restore APM allocation for CNG sector, include gas under GST regime: Panel

To boost natural gas adoption, a PNGRB expert panel has recommended restoring APM gas allocation for CNG, including gas under GST, and recognising it as a cleaner fuel in the scrappage policy