Page 97 - Economy & Policy News
Australia launches First Nations mission to boost mining ties with India
Under the mission, a delegation including eight Mining Equipment, Technology and Services (METS) companies, all of which are Australian First Nations-owned, will visit India
 "Australia launches First Nations mission to boost mining ties with India")
India won't rush trade deals, will reject terms curbing its choices: Goyal
Piyush Goyal made these remarks while speaking at the Berlin Global Dialogue, adding that New Delhi would take a measured approach
 "India won't rush trade deals, will reject terms curbing its choices: Goyal")
Infrastructure boost helping unlock Northeast's tourism potential: Report
The region is expected to nearly double its branded hotel supply by 2030, with more than 3,000 new rooms in the pipeline
 "Infrastructure boost helping unlock Northeast's tourism potential: Report")
India's flash PMI falls to 59.9 in October from 61.0 in September
Flash PMI October 2025: New orders placed with private sector companies in India expanded in October, though the pace of growth slowed to its weakest in five months
 "India's flash PMI falls to 59.9 in October from 61.0 in September")
WH repeats claim India cutting Russian oil imports at Trump's request
However, India has denied any agreement, emphasising its priority to safeguard consumer interests. The country's energy policy prioritises stable prices and secure supplies
 "WH repeats claim India cutting Russian oil imports at Trump's request")
EU sanctions 45 entities, including 3 India-based firms, over Russia links
The EU slapped the punitive actions against the firms as part of its 19th package of sanctions which are part of efforts to put economic pressure on Russia for its invasion of Ukraine
 "EU sanctions 45 entities, including 3 India-based firms, over Russia links")
Southern states lead in household debt charts, Delhi least indebted: Mospi
Delhi least indebted; relative prosperity allows southern households to take bigger loans and service them
 "Southern states lead in household debt charts, Delhi least indebted: Mospi")
Russia share in India's fertiliser imports rose to 27% in 2023-24
Russia's share in India's total fertiliser imports has grown from 7.68 per cent in 2017-18 to almost 27 per cent in 2023-24
 "Russia share in India's fertiliser imports rose to 27% in 2023-24")
India's economy expected to grow at 6.7-6.9% in FY26 amid reforms: Deloitte
The GDP growth forecast is in lines with the RBI which projected FY26 economic growth at 6.8 per cent
 "India's economy expected to grow at 6.7-6.9% in FY26 amid reforms: Deloitte")
India's Russian oil imports may dry up as US sanctions hit Rosneft, Lukoil
Latest sanctions will mean that orders due to be placed over the coming week - for crude that will load in November and deliver in December - will now be overwhelmingly from other destinations
 "India's Russian oil imports may dry up as US sanctions hit Rosneft, Lukoil")
India to cut Russian oil imports by year-end: Trump after new sanctions
US President Donald Trump said India will sharply reduce Russian oil imports by the end of the year, following new US sanctions on Moscow's major oil firms
 "India to cut Russian oil imports by year-end: Trump after new sanctions")
Trade differences remain between India and EU after 14th round of talks
Disagreements relate to market access for goods and also investment, trade, and sustainable development
 "Trade differences remain between India and EU after 14th round of talks")
Railways mulling annuity model to boost investment and infra development
The railway ministry is exploring a HAM-like model to boost private participation and speed up infrastructure expansion across the sector
 "Railways mulling annuity model to boost investment and infra development")
West Asia raises toast to Indian teas, offsets export losses to Russia, US
Significant gains were made in China, with exports soaring to 9.64 mkg compared to 3.31 mkg last year
 "West Asia raises toast to Indian teas, offsets export losses to Russia, US")
India not going to buy much oil from Russia, says US President Donald Trump
US President Trump and PM Modi discuss trade, India's Russian oil imports, and regional issues in Diwali call; PM reiterates India-US partnership and anti-terror stance
 "India not going to buy much oil from Russia, says US President Donald Trump")
WACR better aligned with repo rate amid improved liquidity: RBI report
RBI's 'State of the Economy' report notes improved alignment between the weighted average call rate and repo rate under the revised liquidity management framework
 "WACR better aligned with repo rate amid improved liquidity: RBI report")
RBI's gold reserves crossed 880 metric tonnes by end of September 2025
The total value of the gold was $95 billion as of September 26, 2025, according to the latest data from the Reserve Bank of India (RBI)
 "RBI's gold reserves crossed 880 metric tonnes by end of September 2025")
Global South should speak in one voice against trade challenges: Goyal
He said the world is currently volatile, marked by numerous uncertainties, challenges, and ambiguities in the global trading system
 "Global South should speak in one voice against trade challenges: Goyal")
India-led solar project powers 12 public buildings in 10 Pacific nations
The initiative was implemented under the $ 150 million India-UN Development Partnership Fund
 "India-led solar project powers 12 public buildings in 10 Pacific nations")
Trump claims PM Modi assured him India will stop buying Russian oil
Trump also said his ambassador-designate Sergio Gor told him that PM Narendra Modi "loves Trump," adding that he shares a great friendship and strong relationship with PM Modi
 "Trump claims PM Modi assured him India will stop buying Russian oil")