Page 187 - Economy
Statsguru: India's GDP growth may miss govt estimate; IIP data fuels doubt
The government's final consumption expenditure provided a temporary lift to the economy in Q2FY24 but it has since faded sharply, even registering a decline in Q1FY25
 "Statsguru: India's GDP growth may miss govt estimate; IIP data fuels doubt")
Govt tightens gold import rules, plugs Dubai route misuse under CEPA
Only authorised importers can now bring gold or silver under India-UAE CEPA; new codes introduced to curb gold misdeclared as platinum to avoid higher duties
 "Govt tightens gold import rules, plugs Dubai route misuse under CEPA")
UK FTA: India may leave Pakistan, Türkiye behind in textile exports
India's apparel and home textiles shipments to the UK attract an 8-12 per cent import duty, that would be scrapped under the FTA expected to come into force in calendar year 2026
 "UK FTA: India may leave Pakistan, Türkiye behind in textile exports")
16th Finance Commission will submit report to Centre by Oct 31: Chairman
The chairman praised Uttarakhand for moving ahead rapidly on the development front and said that in view of the difficult geographical conditions
 "16th Finance Commission will submit report to Centre by Oct 31: Chairman")
Trade talks: India to push US to lift non-tariff curbs for goods exporters
The official said industry has raised regulatory hurdles and high cost of certification among other issues in the US as primary obstacles to increasing exports to the US
 "Trade talks: India to push US to lift non-tariff curbs for goods exporters")
Datanomics: Remittance tax in Donald Trump's 'Big, Beautiful Bill'
US remittance Bill: Cost of sending money to India to shoot up to 9%
 "Datanomics: Remittance tax in Donald Trump's 'Big, Beautiful Bill'")
Registered households under MGNREGA grew 8.6% in FY25: Report
The report, 'The Missing Work: A National Review of MGNREGA Implementation,' compiled by LibTech India is based on government data as of April 7
 "Registered households under MGNREGA grew 8.6% in FY25: Report")
India may benefit from trade protectionism: S&P Global India Research
Report highlights India's growth potential through manufacturing reshoring and energy security amid global trade uncertainty and protectionist policies
 "India may benefit from trade protectionism: S&P Global India Research")
Icra projects India's Q4 growth at 6.9%, FY25 GDP expansion at 6.3%
To achieve the NSO's projected 6.5 per cent growth in FY25, the GDP growth in Q4 or March quarter should be 7.6 per cent
 "Icra projects India's Q4 growth at 6.9%, FY25 GDP expansion at 6.3%")
India's manufacturing sector more attractive to global investors: S&P
A strategic shift towards local sourcing, proximity to end-markets, and enhanced regional integration should attract additional investment to the sector
 "India's manufacturing sector more attractive to global investors: S&P")
Icra projects India's Q4 growth at 6.9%, FY25 GDP expansion at 6.3%
To achieve the NSO's projected 6.5 per cent growth in FY25, the GDP growth in Q4 or March quarter should be 7.6 per cent
 "Icra projects India's Q4 growth at 6.9%, FY25 GDP expansion at 6.3%")
Panel working on IPR issues of gene-edited rice, says ICAR's ML Jat
Genome editing is a relatively new technology, and we've had a breakthrough with the development of two novel varieties using this approach
 "Panel working on IPR issues of gene-edited rice, says ICAR's ML Jat")
CCI to bring new toolkit for curbing cartels in public procurement
The antitrust watchdog has been concerned over private companies taking advantage of lack of such checks in the systems to form cartels while bidding for public procurement tenders
 "CCI to bring new toolkit for curbing cartels in public procurement")
US-China tariff truce: Indian shippers see cargo rush, freight rates surge
Indian shippers face double whammy of China rush, Ind-Pak restrictions
 "US-China tariff truce: Indian shippers see cargo rush, freight rates surge")
Hope to deliver more to Centre to stay the fiscal course: DIPAM Secy Chawla
Public stocks are a very good hedge in anyone's portfolio because the government is behind them. We enforce fair dividend norms very strictly, Chawla said
 "Hope to deliver more to Centre to stay the fiscal course: DIPAM Secy Chawla")
Foreign investors welcome in shooting league, says NRAI president
A total of 6-8 city-based franchises will own the teams and bid for players via an auction. Each team will consist of 12 athletes (6 men, 6 women), including up to four foreign players
 "Foreign investors welcome in shooting league, says NRAI president")
India, EU conclude another round of FTA talks; deal likely in two phases
India has followed the practice of negotiating trade pacts in two phases with Australia. It is following a similar approach to the US
 "India, EU conclude another round of FTA talks; deal likely in two phases")
India's move to restrict select Bangladeshi exports targets parity: Report
India limits Bangladeshi ready-made garment and consumer goods imports via land ports in response to trade barriers imposed by Dhaka on Indian rice and yarn
 "India's move to restrict select Bangladeshi exports targets parity: Report")
MSMEs make up 80% of 70 bids for electronic component manufacturing scheme
"Electronics Component Manufacturing Scheme has received tremendous response. Within 15 days of opening the application, around 70 applications have come," Vaishnaw told PTI
 "MSMEs make up 80% of 70 bids for electronic component manufacturing scheme")
'India's port restrictions on Bangladesh imports to help domestic MSMEs'
Ready-made garments, valued at $618 million, now face strict routing through only two Indian seaports
 "'India's port restrictions on Bangladesh imports to help domestic MSMEs'")