Page 93 - Economy & Policy News
Jaipur's decentralised solar panel plants soar to 121 with 5 additions
The Central government provides an assistance of up to ₹1.05 crore -- 30 per cent of the cost-- for the installation in Component C
 "Jaipur's decentralised solar panel plants soar to 121 with 5 additions")
Power market coupling faces delay, unlikely before December 2027: Report
A J M Financial report says regulatory and procedural hurdles could delay India's proposed power market coupling until late 2027, affecting IEX's market share projections
 "Power market coupling faces delay, unlikely before December 2027: Report")
UPI transactions surge to record ₹27.28 trillion in October festive rush
In terms of value, the last highest recorded was Rs 25.14 lakh crore in May, while in terms of volume, the last high was 19.47 billion in July
 "UPI transactions surge to record ₹27.28 trillion in October festive rush")
White collar hiring dips 9% in October amid festive slowdown: Report
India's white-collar hiring activity eased in October as the Diwali-Dussehra festive cluster temporarily slowed recruitment momentum, according to the Naukri JobSpeak Index report
 "White collar hiring dips 9% in October amid festive slowdown: Report")
UP set to acquire over 56K acres for industrial development in Bundelkhand
A vast majority of the land has been acquired in the Jhansi district, the most prominent hub of the Bundelkhand region
 "UP set to acquire over 56K acres for industrial development in Bundelkhand")
Tariff impact: Gems & jewellery shipments to US hardest hit in September
The US accounts for 37 per cent of India's total exports of precious stones and 28 per cent shipments of gold jewellery
 "Tariff impact: Gems & jewellery shipments to US hardest hit in September")
US HIRE Act a greater concern than H-1B visa fee hike: Raghuram Rajan
The US HIRE Act aims to boost job creation in the US by discouraging companies from outsourcing work to other countries
 "US HIRE Act a greater concern than H-1B visa fee hike: Raghuram Rajan")
Chhattisgarh Assembly's new building to be fully power with green energy
Chhattisgarh Assembly Speaker Dr Raman Singh said the new Vidhan Sabha building followed the green building concept and would be fully powered by solar energy
 "Chhattisgarh Assembly's new building to be fully power with green energy")
Manufacturing PMI jumps to 59.2 in Oct amid GST boost, soft input costs
India's manufacturing PMI climbed to 59.2 in October, signalling robust factory activity as GST relief, strong domestic demand and easing input costs spurred output and jobs
 "Manufacturing PMI jumps to 59.2 in Oct amid GST boost, soft input costs")
October power output sees sharpest drop since Covid as rains dampen demand
Growth in electricity use has tapered this year due to a broader economic slowdown and heavy rains, which have reduced cooling demand
 "October power output sees sharpest drop since Covid as rains dampen demand")
Falling Saudi Arabia LPG prices likely to help refiners breathe easy
Saudi benchmark contract prices (CPs) for November for propane and butane, blended to make LPG, dropped to their lowest since August 2023 - $475 and $460 a tonne
 "Falling Saudi Arabia LPG prices likely to help refiners breathe easy")
Simpler tax rules, quicker dispute resolution among key Budget demands
CII, Ficci, Assocham and PHDCCI have made common recommendations for Budget 2026-27, seeking predictable tax rules, rationalised TDS slabs, and faster resolution of pending appeals
 "Simpler tax rules, quicker dispute resolution among key Budget demands")
Punjab collects ₹15,683.59 crore in net GST from April to October
The state's net GST collection for October 2025 stood at ₹2,359.16 crore, marking a significant rise from ₹2,061.23 crore in October 2024
 "Punjab collects ₹15,683.59 crore in net GST from April to October")
India's petrol demand rises 7% in October; diesel sales remain flat
India's fuel consumption trends diverged in October, with petrol sales rising on festive demand and diesel demand subdued by the growing use of EVs and CNG vehicles in public transport
 "India's petrol demand rises 7% in October; diesel sales remain flat")
Untapped mines could save India $100 bn in imports annually: CSEP study
Policy hurdles, high royalties and red tape keeping global explorers away, warns report
 "Untapped mines could save India $100 bn in imports annually: CSEP study")
Mauritius looking to revive rice ties with India to ease out Pakistan
Pakistan became the country's significant rice supplier after India banned non-basmati rice exports in 2023 to cool down domestic markets
 "Mauritius looking to revive rice ties with India to ease out Pakistan")
India taps IISc as centre of excellence to boost critical minerals research
The Ministry of Mines has chosen IISc Bengaluru as a key hub for research and innovation in critical minerals, strengthening India's self-reliance in clean energy, defence, and advanced technologies.
 "India taps IISc as centre of excellence to boost critical minerals research")
GST 2.0 drives two-wheeler owners to car showrooms, boosts Maruti
GST 2.0 price cuts are bringing a new set of first-time car buyers into Maruti showrooms, with small car bookings rising sharply and a focused campaign launched to ease financing
 "GST 2.0 drives two-wheeler owners to car showrooms, boosts Maruti")
Govt seeks views on allowing FDI in inventory-based e-commerce for exports
The proposal aims to boost India's exports without impacting the businesses of small retailers
 "Govt seeks views on allowing FDI in inventory-based e-commerce for exports")
Accessibility isn't charity, it's India's $1 trn GDP booster: Sminu Jindal
Jindal called for mandatory monthly training for airline staff and steeper financial penalties for mishandling assistive devices
 "Accessibility isn't charity, it's India's $1 trn GDP booster: Sminu Jindal")