Page 17 - Economy

Tax hierarchy sees reshuffle as Odisha, Telangana take unexpected leads

Smaller states such as Odisha and Telangana are emerging as the fastest-growing contributors to GST and direct taxes, challenging the long-held dominance of India's traditional economic powerhouses

Centre planned to modify MGNREGA over repeated complaints: Shivraj Chouhan

Government introduces VB G-RAM-G bill in Parliament to replace MGNREGA amid strong opposition protest

40% cost on states under VB-G RAM G Bill to weaken rural jobs: Rahul Gandhi

Rahul Gandhi said the proposed VB-G RAM G Bill's 40% cost shift to states would undermine MGNREGA's core principles, weaken rural job security and centralise control over budgets, rules and works

India's exports to China rise on petroleum and electronics shipments

India's exports to China rose from $ 9.20 billion in April-November 2024 to $ 12.22 billion in April-November 2025, an increase of 32.83 per cent year-on-year

RBI's $5 bn FX swap oversubscribed nearly twofold, draws over $10 bn

The RBI cut rates by 25 basis points earlier this month, and has cut them by a total of 125 basis points this year

Britain's Budget message is: If you invest in the country, we will back you

Indian businesses are in pole position to benefit from measures announced by Chancellor Rachel Reeves

India, Jordan aim to double bilateral trade to $5 bn in 5 years: MEA

Shortly after this briefing, PM Modi, along with King Abdullah II, will jointly address the India-Jordan Business Forum, which will be attended by leading business dignitaries from both countries

India's flash PMI falls to 58.9 in Dec, growth at softest pace since Feb

Flash PMI December 2025: Both manufacturing and service sectors witnessed muted growth in business activity

India's exports grow fastest in nearly 3.5 years; gold imports shrank

Shipments to US, China rose sharply in November

Centre proposes renaming MGNREGA to VB-G RaM G, to change funding pattern

The Centre has proposed renaming MGNREGA as VB-G RaM G, raising guaranteed workdays to 125 and shifting the funding pattern to 60:40, drawing criticism over diluted worker protections

Datanomics: Right to Disconnect Bill fuels work-life balance debate

Since it is a private member Bill, there is a high probability of it not getting passed in the house

RK Goyal takes oath as CIC; watchdog at full strength after 9 years

The Central Information Commission has attained full strength after nine years following the appointment of a new chief and eight information commissioners, amid concerns over backlog and transparency

Unemployment rate at 8-month low of 4.7% in November, shows PLFS

For urban areas, the jobless rate fell to 6.5 per cent from 7 per cent during the same period

Will achieve 56.1% debt-to-GDP ratio in FY26: FM Nirmala Sitharaman

The finance minister also assured that there was no shortage of fertiliser in the country, whether imported or domestically produced, and there was enough buffer available for the upcoming rabi season

India-US framework trade deal soon: Commerce Secretary Rajesh Agrawal

Having missed the 'fall' deadline, India is aiming to conclude the first tranche of the trade deal before the end of the calendar year

Early signs of stress in micro LAP, housing loans, CV portfolio: CIBIL

Festive spending and Goods and Services Tax (GST) changes drove credit growth in the economy across vehicle finance and consumer durables in the last few months

WPI inflation remains in negative territory for 2nd month in a row in Nov

Inflation in manufactured products that carries weightage of over 64 per cent in the index, narrowed to a 14-month low of 1.33 per cent in November

Exports jump 23% at $38.13 billion in November, imports down 1.88%

Exports during April-November were up 2.62 per cent to $292.07 billion, while imports during the eight months rose by 5.59 per cent to $515.21 billion

Uttar Pradesh govt logs ₹35,000 cr excise revenue, 55% of annual target

The annual target of the state excise department is ₹63,000 cr in revenue; in the first eight months, the state has logged nearly 55% of this target at ₹35,144 cr

Unemployment rate falls to 4.7% in November, lowest since April: Govt

Among females aged 15 years and above, the unemployment rate dropped to 4.8 per cent in November from 5.4 per cent in October