Economy
Can't say anything about average carbon credit cost for Indian firms: Diddi
They are a significant step for our country. The Energy Conservation Act was amended to develop the CCTS, said Saurabh Diddi, director of the Bureau of Energy Efficiency (BEE)
 "Can't say anything about average carbon credit cost for Indian firms: Diddi")
Kerala's central tax share has halved from 10th to 15th FC: Vijayan
He tells that the Centre has double standards in dealing with borrowings of certain agencies in the state and those at the Centre as sovereign debt
 "Kerala's central tax share has halved from 10th to 15th FC: Vijayan")
India, New Zealand restart FTA negotiations after a 10-year hiatus
The announcement coincides with New Zealand Prime Minister Christopher Luxon's visit to India
 "India, New Zealand restart FTA negotiations after a 10-year hiatus")
India should seek reciprocity from EU on medical devices under FTA: GTRI
"To achieve a fair trade deal, India must demand reciprocity. India should cut tariff on medical devices only if the EU reduces its non-tariff barriers," Global Trade Research Initiative (GTRI) said
 "India should seek reciprocity from EU on medical devices under FTA: GTRI")
Banking system in India remains strong despite market concerns
The RBI assures stability as IndusInd Bank addresses a one-time discrepancy, reinforcing the resilience of India's banking sector amid strong liquidity and regulatory oversight
 "Banking system in India remains strong despite market concerns")
J&K Assembly passes Rs 7,019 crore grants for five key departments
During discussions, the deputy chief minister highlighted that the public works department oversees a 40,000-km road network and is set to blacktop 4,000 kilometres of roads in 2025-26
 "J&K Assembly passes Rs 7,019 crore grants for five key departments")
J&K received 8,500+ investment proposals worth over Rs 1.69 trn: Dy CM
The government has provided land measuring for industrial purposes to 213 non-local people and 1,751 locals under the Industrial Policy 2016-26 and Industrial Land Allotment Policy 2021-30
 "J&K received 8,500+ investment proposals worth over Rs 1.69 trn: Dy CM")
India, China saw strong trade growth in Q4 2024 amid risks: UN report
Developing nations, particularly China and India, saw better than average trade expansion, while many developed nations experienced trade contractions
 "India, China saw strong trade growth in Q4 2024 amid risks: UN report")
MSME industry bodies urge RBI to tweak norms for ecommerce exports
A digital verification system linked to bank accounts could further streamline the process
 "MSME industry bodies urge RBI to tweak norms for ecommerce exports")
Govt likely to bring back single tax return system for search cases
Single return may cover six years plus part-year when investigation is done
 "Govt likely to bring back single tax return system for search cases")
Brics mulling national currencies to counter US threat: Brazil Ambassador
Brazil is optimistic about participation of economic actors, civil society, and businesses in the US to fight climate change
 "Brics mulling national currencies to counter US threat: Brazil Ambassador")
India-US discuss reciprocal tariffs, 1st phase of bilateral trade agreement
Goyal met key officials of the Donald Trump-led administration in Washington last week, including Greer, and his counterpart Howard Lutnick to discuss urgent trade issues
 "India-US discuss reciprocal tariffs, 1st phase of bilateral trade agreement")
Inflation eases, but RBI may not go for aggressive rate cuts: Economists
India's headline CPI inflation eased to 3.61 per cent in February - the lowest since July 2024 - on the back of a sharp decline in food inflation, mostly due to lower vegetable prices
 "Inflation eases, but RBI may not go for aggressive rate cuts: Economists")
India to become world's third-largest economy by 2028: Morgan Stanley
According to Morgan Stanley, India was the 12th largest economy in the world in 1990, slipped to 13th position in 2000 before rising to 9th rank in 2020 and 5th in 2023
 "India to become world's third-largest economy by 2028: Morgan Stanley")
Rupee gains for third straight day; forex reserves surge $15 billion
The rupee gained 0.58 per cent against the dollar this month, while weakened 1.6 per cent in 2025
 "Rupee gains for third straight day; forex reserves surge $15 billion")
New IIP series may use GST data, be seasonally adjusted: MoSPI Secy
Besides, the new IIP series will be chain-based, as the annual survey of industries (ASI) data is available to adjust the weights of different industries
 "New IIP series may use GST data, be seasonally adjusted: MoSPI Secy")
Centre assures exporters will protect their interests amid US tariff threat
The issues related to the country's exports were discussed during a virtual meeting chaired by Commerce and Industry Minister Piyush Goyal
 "Centre assures exporters will protect their interests amid US tariff threat")
RBI to set up 'On Tap' cohort on climate change risks: Guv Malhotra
As a central bank, he said the RBI is mindful of its role in addressing and mitigating risks to the financial system from climate change
 "RBI to set up 'On Tap' cohort on climate change risks: Guv Malhotra")
Role of financial intelligence in exposing online child sexual exploitation
Effective regulation and collaboration between fintech platforms and law enforcement can significantly enhance OCSE detection
 "Role of financial intelligence in exposing online child sexual exploitation")
Food prices cool Feb inflation to 3.61%; IIP rises to 8-month high in Jan
Rajani Sinha, chief economist at CARE Ratings, said food inflation is likely to remain benign in the coming months but any weather-related disruptions could play spoilsport
 "Food prices cool Feb inflation to 3.61%; IIP rises to 8-month high in Jan")
