Page 73 - Economy
UP govt to set up 75,000 new food processing units across the state
Building on this momentum, the Yogi Adityanath government has set an ambitious target- by 2047, agriculture and allied activities should contribute $1 trillion to UP's Gross State Domestic Product
 "UP govt to set up 75,000 new food processing units across the state")
Unemployment rate unchanged at 5.2% in October, shows PLFS data
The jobless rate in rural areas fell to 4.4 per cent from 4.6 per cent during this period
 "Unemployment rate unchanged at 5.2% in October, shows PLFS data")
First tranche of US-India bilateral trade agreement 'near closure'
India says the first tranche of the Indo-US trade deal is close to finalisation, with talks focused on easing reciprocal tariffs and boosting bilateral trade amid shifting export trends
 "First tranche of US-India bilateral trade agreement 'near closure'")
India to gain as US rolls back tariffs on key farm goods: Commerce minister
The Commerce Ministry said that while this applies to all trading partners, it creates a level playing field for Indian exporters
 "India to gain as US rolls back tariffs on key farm goods: Commerce minister")
200% spike in gold import drives India's trade deficit to $41.68 billion
Exports in Oct saw sharpest decline in 14 months
 "200% spike in gold import drives India's trade deficit to $41.68 billion")
India proposes anti-dumping duties on met coke imports from six countries
DGTR flags heavy dumping from Australia, China, Colombia, Indonesia, Japan and Russia, citing losses and shutdowns for domestic producers
 "India proposes anti-dumping duties on met coke imports from six countries")
We need to brace up because of unpredictable US policy: Priyank Kharge
The state's IT and biotechnology minister outlines strategies to attract investment, foster DeepTech and AI, and develop specialised talent amid global trade and visa challenges
 "We need to brace up because of unpredictable US policy: Priyank Kharge")
YouTube's creative ecosystem added over ₹16K cr to India's GDP in 2024
YouTube said its creator ecosystem supported 9.3 lakh jobs, expanded AI tools for creators and announced new partnerships with IICT and AIIMS to strengthen skills and digital learning in India
 "YouTube's creative ecosystem added over ₹16K cr to India's GDP in 2024")
India imposes anti-dumping duty on Vietnam steel imports for 5 years
Move will curb unfair trade practices and safeguard national capacity, says Jindal
 "India imposes anti-dumping duty on Vietnam steel imports for 5 years")
India's Gold imports triple to record $14.7 bn in October on high demand
Cumulatively, imports during April-October this fiscal year rose 21.44 per cent to USD 41.23 billion from USD 34 billion a year ago
 "India's Gold imports triple to record $14.7 bn in October on high demand")
16th Finance Commission submits 2026-31 report to President Murmu
The commission, which was mandated to submit its report by October 31, was given an extension of one month till November 30
DPDP rules 2025: Why Indian businesses must act now on data compliance
The notification of the Digital Personal Data Protection Rules 2025 on November 13, 2025, marks a significant milestone in India's journey towards a harmonised data privacy regime
 "DPDP rules 2025: Why Indian businesses must act now on data compliance")
Rajasthan government's aerospace and defence policy to come out soon
The policy will aim at making Rajasthan a leading hub in India's aerospace and defence value chain by creating a strong ecosystem for advanced manufacturing, research and industry-friendly incentives
 "Rajasthan government's aerospace and defence policy to come out soon")
Exports dip 11.8% to $34.38 bn in Oct; trade deficit widens to $41.68 bn
Exports to the United States also declined, dropping to $6.3 billion in October from $6.9 billion a year earlier
 "Exports dip 11.8% to $34.38 bn in Oct; trade deficit widens to $41.68 bn")
India's exports fall 11.8% to $34.38 in Oct as imports rise on gold, silver
Gold imports jumped to USD 14.72 bn in the last month against USD 4.92 bn recorded in the same month last year
RBI's export relief may dent dollar flows, pressure rupee, say bankers
The RBI on Friday announced a package of relief measures to help exporters cope with the pressure from US tariffs, including extending the export realisation window to 15 months from nine
 "RBI's export relief may dent dollar flows, pressure rupee, say bankers")
Trump backs 500% tariffs on Russia trade partners: What it means for India
Donald Trump backs Senate legislation enabling tariffs of up to 500% on countries trading with Russia, a move that could significantly affect India and China
 "Trump backs 500% tariffs on Russia trade partners: What it means for India")
India's oil PSUs ink landmark US LPG deal covering 10% of 2026 imports
India has signed its first structured deal to buy 2.2 million tonnes of LPG from the US in 2026, a move the government says will boost supply security
 "India's oil PSUs ink landmark US LPG deal covering 10% of 2026 imports")
COP30 at halftime sees EU pushback on India, China's CBAM, finance moves
Two issues on financial obligations of developed countries and unilateral trade agreements were dropped from the COP agenda after resistance from developed nations
 "COP30 at halftime sees EU pushback on India, China's CBAM, finance moves")
BTA talks: India proposes UK-style totalisation agreement with US
India has proposed a US totalisation pact on the lines of its UK agreement, aiming to prevent double social-security contributions and boost savings for thousands of Indians working in America
 "BTA talks: India proposes UK-style totalisation agreement with US")