Page 3 - Economy

Indian entrepreneurs need to think global to meet customer needs: Goenka

Anant Goenka optimistic on demand revival, outlines budget priorities including defense, electronics hubs, and export incentives

Sanctions, logistics issues take a toll on India's exports to Russia

Oil imports drive surge; engineering exports dip as sanctions, logistics, and market access hamper outbound growth

Short-covering drives rupee towards 90 vs dollar as pressure returns

Hits new closing low of 89.88/$; Hits 89.96/$ intraday

To bridge trade gap, India and Russia may cut duties, ease barriers

Russia eyes mobility pact, duty cuts and sanctions-proof oil trade; major defence deals unlikely at annual summit

Gaining traction: AIF commitments jump to ₹13.5 trillion in 2025

India's march toward a $6.6-trillion economy is being powered by booming AIF activity, with commitments touching ₹13.49 lakh crore and domestic investors emerging as major contributors

OECD retains India FY26 growth outlook at 6.7% amid US tariff risks

OECD has kept India's FY26 growth forecast unchanged at 6.7% and FY27 at 6.2%, citing easing monetary policy and public capex, while warning that higher US tariffs could hit exports

Uttar Pradesh leads SASCI scheme with 482 projects as of late November

Over a third of the FY26 SASCI fund has been released for 4,106 state projects, with Uttar Pradesh leading approvals and Nagaland remaining the only non-participant

India's palm oil imports edge up in Nov as buyers shift from costlier oils

Meanwhile, soyoil imports fell 12 per cent to 400,000 tons, and sunflower oil imports slid 44 per cent to a two-year low of 145,000 tons, according to dealer estimates

India in a 'sweet spot', GDP growthto be over 7% in FY26: Ficci President

The newly appointed President, who is also Vice-Chairman of RPG group, said that the chamber will also work with states on further improving the business climate of the country

IIP growth slips to 14-month low of 0.4% in October as output weakens

India's industrial output slowed sharply to 0.4 per cent in October-the weakest in 14 months-hit by fewer working days, a decline in electricity generation

India's current account deficit moderates to 1.3% of GDP in Q2FY26

India's current account deficit narrowed sharply in Q2FY26 on lower trade gaps and strong remittances. But a spike in gold imports in October could push the Q3 deficit above 2.5 per cent of GDP

US tariffs weigh as manufacturing PMI slows to 9-month low in November

The headline HSBC purchasing managers index (PMI) figure, compiled by S&P Global, for November fell sharply to 56.6 from 59.2 in October

Seeing a blip: MGNREGA work demand is down nearly 32%, shows data

Some experts said that drop in demand is mainly due to an improvement in economic activity in rural areas

Tax turbulence: Revenues take a hit in first full month of GST 2.0

Other macro indicators give mixed signals; car sales stay strong

Govt seeks Parliament nod for ₹41k crore additional spending in FY26

First supplementary demands for grants tabled in Parliament focus on fertiliser and petroleum subsidies amid rising costs

Centre working on national gig-worker welfare blueprint under Labour Codes

According to a NITI Aayog report, nearly 10 million gig workers were employed in the country in 2024-25, with the number projected to grow to 23.5 million by 2029-30

FDI rises 18% to $35.18 billion in H1FY26; down 11.1% in Q2 from Q1

Inflows from US double

Rajasthan CM to mark 2 years in office with launch of housing schemes

New flats, community centre & policies unveiled as Rajasthan govt marks two years in office

Rupee hits fresh low of 89.79 per dollar as NDF positions mature

India's foreign exchange reserves continue to fall as the RBI steps up its defence of the rupee to prevent it from breaching the 90-per-dollar mark

India needs new livelihood architecture, not more schemes: Report

Climate resilience, despite being the defining challenge of the next decade, has not been mainstreamed into livelihood design