Page 3 - Indian Economy

India a significant trade partner for Ethiopia and Jordan, shows data

India-Ethiopia trade at $550M, India-Jordan at $2.67B; pharma and engineering exports key focus areas

Budget 2026-27: CII suggests reforms to drive investment-led growth

Industry lobby CII has proposed a comprehensive set of reforms for the forthcoming Union Budget 2026-27 to drive sustained investment growth spanning public, private, and foreign investments and maintain India's momentum as one of the world's fastest-growing major economies. The Confederation of Indian Industry (CII) suggested increasing central capital expenditure by 12 per cent and capex support to states by 10 per cent in FY27; launching a Rs 150 lakh crore National Infrastructure Pipeline (NIP) 2.0 for 2026-32; offering incremental tax credits or compliance relaxations for firms achieving significant new investment, production, or tax contribution milestones; and establishing an NRI Investment Promotion Fund. It also called for reinstating accelerated depreciation benefits to further incentivise fresh capital expenditure and technology upgrades, particularly for MSMEs and manufacturing industries, provided the measure is structured to stimulate modernisation without triggering ..

Haier targets ₹14,500 crore topline in 2026, plans ₹3,500 crore expansion

Aims for 38% growth driven by ACs and TVs; to expand manufacturing capacity to 4 million units by 2027, creating 12,000 jobs

Gujarat leads in FY25 loan growth, Karnataka in deposits, shows data

RBI data shows state-wise credit trends; Maharashtra leads in outstanding credit and deposits, while Gujarat records highest growth

India Inc's profits relative to capital employed at 14-year high

Improving return ratios can be positive for FPI flows

India-US trade talks: DPDP Act, Information Technology rules dominate

Washington considers specific provisions in the DPDP rules and IT Rules non-tariff barriers for its companies

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