Page 257 - Economy

Indian economy likely to grow between 6.5-6.9% in FY26, says Ficci

On the investment front, the government's focus on capital expenditure is expected to remain a key growth driver in 2025-26

Work in progress to power up Rajasthan govt's solar energy capacity

"The day is not far off when the state will not only fulfil its own needs but also supply electricity to other areas of the country," Rajasthan Minister of State for Energy Heeralal Nagar said

Ficci lowers India's growth projection from 7% to 6.4% for current FY

According to Ficci's Economic Outlook Survey, the revised projection is in line with the broad expectations and reflect a notable slowdown vis--vis 8.2 per cent GDP growth recorded in 2023-24

Palm oil imports to drop to 5-year low in Jan due to losses: Report

The thin lineup of vessels carrying palm oil at key ports such as Kandla, Haldia, and Krishnapatnam over the next two weeks suggests imports could drop to about 370,000 metric tons in Jan

Global economy to weaken in 2025, India's strong growth continues: WEF

In its latest Chief Economists Outlook, World Economic Forum said global economy is set to face significant challenges in 2025, with 56 per cent of chief economists surveyed expecting weak conditions

US sanction clarifications tighten squeeze on India's February oil supplies

Indian refiners have until Feb 27 to wind down transactions with sanctioned Russian tankers, opaque traders, a shadow fleet, and insurers, according to a US govt official

Health and education reforms: A blueprint for India's manufacturing dream

India's ambition to lead global manufacturing depends on tackling malnutrition and improving education. The Union Budget 2025 offers a chance to invest in these sectors, leading to sustainable growth

Trade deficit eases to $21.94 billion in December as gold imports fall

Data showed merchandise exports contracted by 1 per cent year-on-year to $38.01 billion in December

Japan will be country partner in Global Investors Summit Madhya Pradesh

Renewable energy policies include the MP Pump Hydro storage Policy 2025, Madhya Pradesh Biofuel Promotion Policy 2025, and MP Urban Gas Distribution Policy 2024, all of which are expected to be finali

Fiscal conditions to constrain credit growth in 2025, says Moody's

ICRA, in its report on Budget expectations, estimated the fiscal deficit target for FY2026 to be set at 4.5 per cent of GDP

Govt to launch AI-backed data analytics platform for better trade insights

A committee, comprising officials from commerce and finance ministries, has been formed to create a mechanism for publishing consistent and accurate data

Why did RBI replace flexible exchange rate with de facto peg against dollar

The RBI must come out with an official explanation, but until it does, we can only guess. But there are a few reasonable hypotheses

FinMin reviews financial inclusion schemes, urges better banking outreach

Nagaraju stressed the importance of expanding banking infrastructure in unbanked villages and improving connectivity in remote areas, particularly in the North East

FinMin reviews financial inclusion schemes, urges better banking outreach

Nagaraju stressed the importance of expanding banking infrastructure in unbanked villages and improving connectivity in remote areas, particularly in the North East

India's green investments to grow 5-fold to Rs 31 trn by 2030: CRISIL

Subsidies, grants key for high-risk green projects, says CRISIL

US chip export curbs raise concerns for India's AI growth, infrastructure

India's National AI Mission aims to build infrastructure with over 10,000 GPUs through public-private partnerships, supported by a Rs 10,000 crore investment over five years

Targeted steps needed to boost turmeric exports to $1 bn by 2030: Report

For example, there can be subsidies for third-party certification, cultivation of high curcumin varieties, research and development (R&D) for value-added turmeric products and for promoting GI product

Surpassing Japan, India to become 4th largest economy by 2026: PHDCCI

PHDCCI said that 30 per cent income tax limit should be applicable to individuals earning more than Rs 40 lakh, whereas the income tax exemption limit should be increased to Rs 10 lakh

India's fiscal conditions to constrain credit strength in 2025: Moody's

In its report on Asia Pacific Sovereigns, Moody's Ratings said growth and inflation are levelling out, with strong domestic demand bolstered by modest easing in global and regional financial condition

India, Oman looking at finalising comprehensive trade, investment deal soon

The negotiations for a comprehensive economic partnership agreement (CEPA) gained new momentum after Oman's Sultan Haitham bin Tarik travelled to India over a year back