Page 17 - Economy

India set for mega investment boom in CCUS, but scale remains a challenge

A ₹20,000 crore outlay in Budget 2026 may accelerate commercial-scale carbon capture, utilisation and storage projects as India balances industrial growth with its 2070 Net Zero goal

NMP 2.0 targets ₹2.76 trillion power asset monetisation by FY30

NMP 2.0 aims to monetise Rs 2.76 lakh crore worth of power sector assets by FY30 through hydro projects, transmission lines and PSU equity dilution, with Rs 49,900 crore targeted for FY26

RoDTEP benefits cut by 50% as govt rationalises export rebate scheme

The government has halved RoDTEP incentives with immediate effect, reducing rebate rates and value caps across categories, a move expected to raise exporters' costs amid global uncertainty

India removes 'most favoured nation' clause for France: What it means

India has removed the 'most favoured nation' clause from its tax treaty with France, aiming to reduce disputes and clarify tax rules

'Too early to comment': FM Sitharaman on impact of US tariff changes

Asked about the impact of tariff changes on the Indian economy, Sitharaman said it is a "bit too soon" to comment

NaBFID raises $125 million in maiden foreign currency loan from HSBC

NaBFID's total assets rose 44 per cent to ₹1.04 trillion ($11.4 billion) as of Dec. 31, 2025, according to its website

Indian regulators move to curb leverage in $5.2 trn derivatives market

There is growing urgency in New Delhi after the RBI warned that excessive leverage may spark a market shock threatening household finances

Rupee rebound hinges on revival of sustained foreign fund inflows

The outlook for the rupee may also be clouded by renewed uncertainty after the US Supreme Court struck down several of President Donald Trump's tariffs

US SC ruling on Trump's tariffs: A China worry for India's iPhone exports

The tax now has been declared "illegal" by the US Supreme Court

Old WPI, new GDP base year series: Economists split on the impact

Staggered price-index rebasing sparks debate over deflators and data consistency

High-frequency indicators point to moderation in India's Q3 GDP growth

Economists expect Q3 GDP growth to remain above 7 per cent, supported by a pickup in consumption and investment

India, US postpone trade deal talks after Donald Trump tariff verdict

Move comes as Washington trying to figure out legalities

India's oil PSUs spent 81% of FY26 capital expenditure target until January

Of the ₹1.32 trn capex target for FY26, state-run oil firms have already spent ₹1.07 trn in the first 10 months

StatsGuru: Productivity gap continues to hinder India's MSME growth

MSMEs accounted for 48.58 per cent of India's merchandise exports in FY25

Greer says no countries have said they will withdraw from tariff deals

Greer, speaking on CBS's "Face the Nation" program, said he had already spoken with his counterpart from the European Union and would be speaking with officials from other countries

EU-India FTA opens doors to trade, AI, says Austria's State Secretary

Proll highlighted AI as a key future area of collaboration, calling it "the next step after digitalisation"

India delays trade talks after US SC rejects Trump tariffs: Report

The delay came mainly from the uncertainty over tariffs following Friday's judgment, the source added

India, US to reschedule chief negotiators meet on interim trade deal

The development is important following the US Supreme Court verdict against the earlier sweeping tariffs of the Trump administration

India rebalances crude slate as Saudi gains, Russian flows ease

During February 1-18, India's total crude imports averaged 4.85 million barrels per day (bpd), down 8 per cent from January's 5.25 million bpd, as flows from Russia cooled following US sanctions

Govt studying implications of US Court tariff ruling; Trump remarks

The US Supreme Court ruled that Trump exceeded his authority by imposing tariffs under the International Emergency Economic Powers Act (IEEPA), a 1977 law intended for national emergencies