Page 12 - Indian Economy

Rupee hits new low on weak sentiment amid US trade deal uncertainty

The currency, Asia's worst performer in 2025, saw mild RBI intervention as FPIs sold over ₹14,000 crore in equities this month

Slower food deflation nudges retail inflation to 0.71% in November

Food deflation eases to -3.91%, rural inflation turns positive at 0.10%, but gold & silver surge above 58% keeps core elevated

Reorient PLI scheme on labour-intensive sectors to create more jobs: NCAER

The study urges a reorientation of incentives toward textiles, garments and food processing to boost employment

Trade deal with India would enhance bilateral ties: US representative

A new trade deal between India and the US under President Donald Trump and Prime Minister Narendra Modi would further enhance the bilateral relationship, a top US official has said, underlining that Washington's partnership with New Delhi is critical. These remarks were made by House Foreign Affairs South and Central Asia Subcommittee Chairman Bill Huizenga on Wednesday at a subcommittee hearing titled 'The US India Strategic Partnership: Securing a Free and Open Indo-Pacific'. "The US-India relationship is no longer just important. It is a defining relationship of the 21st century. If America wants a free Indo-Pacific, resilient supply chains and a world where democracy, not authoritarianism, sets the rules, then our partnership with India is critical, Huizenga said in his opening remarks. The hearing heard from witnesses, Director of Asian Studies Centre, Heritage Foundation, Jeff Smith, Executive Director of the Observer Research Foundation America, Dhruva Jaishankar and External

India one of the fastest-growing major economies, says US Representative

US Representative Bill Huizenga also stressed the wider strategic stakes of cooperation between Washington and New Delhi, noting the importance of their combined economic and geopolitical influence

Top 10% own two-thirds of India's wealth, bottom 50% hold 6.4%: Report

The report edited by economists Lucas Chancel, Ricardo Gómez-Carrera, Rowaida Moshrif, and Thomas Piketty shows that the top 1 per cent Indians hold about 40 per cent of the country's wealth

GST 2.0 pushes eway Bill volumes to third-highest ever at 129.8 mn in Nov

E-way bill generation climbed to 129.8 million in November, the third-highest monthly total so far, rising 28 per cent year-on-year as trade activity strengthened and controls to curb misuse tightened

FTA talks with Oman, NZ in last leg, EU deal near closure: Piyush Goyal

Commerce Minister Piyush Goyal says several key trade pact negotiations are in their final stages

NHAI debt down to ₹2.39 trn; ministry says loans to be repaid by 2050

NHAI's debt stood at Rs 2.39 trillion as of November and is slated to be repaid by 2050, the road transport ministry told Parliament, outlining repayment plans through FY26 and beyond

Why build more hotels when Uttarakhand could become India's skills engine

Why building educational institutions is a better path to promoting Uttarakhand than relying on unplanned tourism that is degrading its environment

Day 1: Telangana summit attracts ₹1.88 trillion investment proposals

Brookfield commits ₹75K cr for Bharat Future City

Budget should reemphasise infrastructure, push private participation

Revive PPPs, enable group taxation for infra SPVs, fund high-speed rail separately, and prioritise urban projects to reignite growth, argues infra expert

India in 2026: Market setup better than 2025 if domestic flows hold

After being shunned by foreign investors and missing the AI boom, a cheaper market, earnings revival, and macro stability offer a contrarian opportunity

Russia to address India's concerns on non-tariff barriers across sectors

During Putin's visit, both nations agreed to remove non-tariff barriers in pharma and agriculture to boost Indian exports and balance the trade deficit

India free to buy oil from sources it deems beneficial, says Russia

Kremlin affirms India's freedom to choose energy suppliers after Putin visit; US and Ukraine negotiate potential peace deal that could lift oil sanctions

Telangana: Young, hungry & restless in the bold chase for global capital

India's youngest state courts big money with speed, sweeteners, and swagger, positioning itself as South India's challenger in the bold chase for global capital

Petroleum exports to US surge in Oct as labour intensive sectors bear brunt

Even as gems, jewellery, garments slump under tariff pressure, energy and telecom exports offset broader decline to the US

Exim Matters: India-Russia targets are big, but businesses are cautious

While bilateral targets are ambitious, exporters wary of payment, logistics risks; deeper ties with West still drive business pragmatism

CBAM changes trade rules: India needs carbon pricing, not exemptions

CBAM to penalise polluting exporters; India should push for deep EU trade pact and simpler carbon tax over complex cap-and-trade

India's economy outdoes expectations but rupee strain raises fresh risks

The headline inflation reading for October, at 0.25 per cent, was the lowest in the current series. The MPC has revised the inflation projection for the current year to 2 per cent