Page 8 - Indian Economy

AM Green to invest ₹10K cr in Andhra Pradesh for sustainable aviation fuel

MoUs target large-scale green fuels, including 180 KTPA sustainable aviation fuel

₹25K crore export push clears Cabinet hurdle, implementation next

EPM to aid MSMEs with trade finance, market access; IES to be revamped

India's Q2 economic growth may have surpassed RBI's 7% projection

Economists see growth above 7% in July-September, backed by consumption revival, robust capex, and steady industrial output; RBI had earlier pegged Q2 GDP at 7%

Export promotion: India needs to focus on improving competitiveness

In this regard, the credit-guarantee scheme for exporters provides additional financial support to eligible ones, including micro, small, and medium enterprises (MSMEs)

Chhattisgarh govt starts biggest copper concentrate export to China

Equipped with the latest cargo handling systems, rail connectivity, and multimodal integration, the facility enables industries to access global markets

MSMEs in Uttar Pradesh seek trade partners in Africa, Latin America

The Indian Industries Association (IIA) will host International Tourism & Hospitality Expo (ITH Expo 2025) in Varanasi from December 18 to19

Indian economy poised for 6.5% growth through 2027: Moody's Ratings

Moody's said that there are several risks ahead, including geopolitical tensions, trade disruptions, and unstable financial markets

Retail inflation dropped to series low of 0.25% in Oct on base effects

In rural India, retail prices slipped into deflationary zone with the NSO reporting a 0.25 per cent drop in the CPI (Rural), compared to a 1.07 per cent increase in September

NaBFID raises ₹4,120 cr from long-term bond sale at coupon rates of 6.86%

The infra lender mobilised funds through 5- and 15-year bonds, marking continued investor interest in long-term infrastructure financing instruments

Pre-Budget talks: MSMEs urge relief package for exporters hit by US tariff

MSME players in pre-Budget talks seek collateral-free credit, relaxed NPA norms, and tax reliefs to offset the impact of a 50% US tariff hike on exports and ease liquidity pressures

RBI faces uphill task as bond yields stay stubborn amid weak demand

Since yields on government bonds directly affect the cost of money in the financial system, it can be argued that the transmission of policy rate cuts has been weak

GDP likely to grow 7.2% in Q2 FY26, driven by private consumption: Ind-Ra

India Ratings & Research (Ind-Ra) on Wednesday projected India's GDP to grow at 7.2 per cent in the second quarter of the current fiscal, with private consumption being the leading growth driver. The Indian economy had expanded 5.6 per cent in the Q2 (July-September) of 2024-25 fiscal. India's real Gross Domestic Product (GDP) is estimated to have grown at the fastest pace in five quarters at 7.8 per cent in the April to June period of the current fiscal. The National Statistics Office (NSO) is slated to release the official data on FY26 Q2 GDP growth estimates on November 28. In a statement, Ind-Ra said it expects GDP growth to remain robust at 7.2 per cent year-on-year in the second quarter of FY26. "From the demand side, private consumption is a leading growth driver due to steady real income growth both in upper- and lower-income households. The resilient services sector along with the favourable base-led goods exports growth in the manufacturing sector propelled GDP growth .

GST reforms to propel India's FY26 GDP growth to 7.4%, says NIPFP

NIPFP pegs India's FY26 GDP growth at 7.4% - higher than RBI's 6.8% forecast - citing GST reforms, robust investment, and strong US economic performance

India to be 3rd-largest economy by 2028; equities remain pricey: UBS

From a stock market perspective, however, UBS remains underweight on Indian equities as valuations in their view still look expensive relative to the ordinary fundamental performance of companies.

Centre monitoring US Supreme Court case against Donald Trump tariffs

Indian officials and experts are monitoring the US Supreme Court case challenging Donald Trump's tariff powers, assessing how the verdict may affect the proposed India-US trade agreement

Australian companies tap Indian partners amid critical mineral push

Pilot project in Jharkhand and Hyderabad tie-ups mark early gains as Australian mining technology companies eye local subsidiaries and Indian PSUs explore Queensland's mineral assets

PLI incentive schemes: achieving ambitions, but timelines and progress vary

ICRA estimates that around Rs. 2.5 trillion capex will be incurred by March 2026, which is 60-65 per cent of the total estimated capex

MMRDA plans ₹1.05 trillion integrated tunnel road network across Mumbai

The 70-km underground corridor will link Coastal Road, BKC, and the airport, creating a third mode of travel beneath the city

20 states spent 26% of budgeted capital expenditure in H1 FY26: CAG data

Among the states analysed, Telangana emerged as the frontrunner with the highest utilisation at 60.8 per cent, followed by Kerala at 43.6 per cent, and Madhya Pradesh at 39.9 per cent

CII urges govt to establish India Development and Strategic Fund

The industry body has urged government to set up a professionally managed, sovereign-backed fund to mobilise domestic and global capital and strengthen India's economic and strategic interests by 2047