Economy
Need energy transition without compromising economic growth: CEA Nageswaran
Chief Economic Advisor (CEA) V Anantha Nageswaran said that this is not just a political challenge, but also an economic one, affecting not only India but the entire global South
 "Need energy transition without compromising economic growth: CEA Nageswaran")
Modi govt's policies, corporate tax cuts failed to revive economy: Cong
Congress general secretary in-charge communications Jairam Ramesh said what is needed for stimulating demand is tax cuts for the salaried middle classes and income support to the poor
 "Modi govt's policies, corporate tax cuts failed to revive economy: Cong")
Edible oil import up 39% in Nov on higher shipment of crude oils: SEA
On Thursday, Solvent Extractors' Association of India (SEA) released the data of import of vegetable oil (edible and non-edible ) for November
 "Edible oil import up 39% in Nov on higher shipment of crude oils: SEA")
Rosneft, Reliance agree on biggest ever India-Russia oil supply deal
The 10-year agreement amounts to 0.5 per cent of global supply and is worth roughly $13 billion a year at today's prices
 "Rosneft, Reliance agree on biggest ever India-Russia oil supply deal")
India's economic growth by end of this fiscal will be back on track: Goyal
The minister was replying to a question whether the 5.4 per cent GDP growth in the July-September quarter of this fiscal worries him
 "India's economic growth by end of this fiscal will be back on track: Goyal")
India needs $2.2 trn investment to be $7 trn economy by 2030: Knight Frank
To achieve an economic size of $7 trillion by 2030, India's economy is required to grow at a CAGR of 10.1 per cent between 2024-2030
 "India needs $2.2 trn investment to be $7 trn economy by 2030: Knight Frank")
India-EU trade pact talks need political directions for meaningful deal
The pact came up for discussion during an interaction between Commerce and Industry Minister Piyush Goyal and Ambassadors of the European Commission delegation
 "India-EU trade pact talks need political directions for meaningful deal")
Asian Development Bank lowers India's growth forecast to 6.5% for FY25
The multilateral funding agency also revised downwards its forecast for the next financial year (FY26) to 7 per cent from 7.2 per cent estimated earlier
 "Asian Development Bank lowers India's growth forecast to 6.5% for FY25")
Reducing debt burden priority for next decade, says FM Sitharaman
Sitharaman said that intergenerational debt is mounting on countries, and it is important for the government and industry to work together to manage debt at the national and sub-national levels
 "Reducing debt burden priority for next decade, says FM Sitharaman")
Rate cut unlikely in Feb review or in FY26: Axis Bank's Neelkanth Mishra
A rate cut will not be possible for the next 13-14 months due to the inflation outlook, said Mishra, who is also a part-time member of the PM's Economic Advisory Council
 "Rate cut unlikely in Feb review or in FY26: Axis Bank's Neelkanth Mishra")
Uttar Pradesh earmarks 17,000 acres for multimodal logistics parks
Yogi 2.0 to offer 30% subsidy on investments of Rs 1,000 crore
 "Uttar Pradesh earmarks 17,000 acres for multimodal logistics parks")
Maritime sector key to India's vision of 3rd largest economy: VP Dhankhar
Addressing the participants, including delegates from 11 countries, he further said that modern India has a 7,500 km coastline, 13 major ports, and 200 non-major ports that establish it as an
 "Maritime sector key to India's vision of 3rd largest economy: VP Dhankhar")
Need to differentiate between financial, non-financial regulation: CEA
In financial sector, regulators have the tendency to lean towards excessive regulations, as if things go wrong in this sector the state is expected to bail out and the effects are systemic
 "Need to differentiate between financial, non-financial regulation: CEA")
ADB cuts India FY25 GDP growth forecast to 6.5%, 7% in FY26 on weak demand
Changes in US trade, fiscal, and immigration policies could dent growth and add to inflation in developing Asia
 "ADB cuts India FY25 GDP growth forecast to 6.5%, 7% in FY26 on weak demand")
E-commerce: A sunrise sector, purveyor of India's economic growth
In a recent report, Deloitte projected India's e-commerce CAGR to be 21 per cent, expected to reach $325 billion by 2030
 "E-commerce: A sunrise sector, purveyor of India's economic growth")
Here's how India is sacrificing its growth and why it needs to stop
In the absence of meaningful private investment and job creation, India is slipping back into its pre-Covid-19 rut, and its economic czars are once again publicly refusing to acknowledge the slowdown
 "Here's how India is sacrificing its growth and why it needs to stop")
Packing and labelling imported goods don't confer Indian-origin status
The balances in the RVAs are built through inward remittances in freely convertible currencies
 "Packing and labelling imported goods don't confer Indian-origin status")
NSO to kickstart next edition of 'Debt and Investment Survey' in 2026
In rural India, 17.8 per cent households were indebted to institutional credit agencies against 14.5 per cent households in urban India
 "NSO to kickstart next edition of 'Debt and Investment Survey' in 2026")
India set for resilient growth in 2025 driven by urban consumption: S&P
For 2025-26 and 2026-27, S&P Global Ratings pegged India's GDP growth forecast at 6.7 per cent and 6.8 per cent, respectively, down 20 basis points from its previous estimates
 "India set for resilient growth in 2025 driven by urban consumption: S&P")
WTO: India for 'per capita distribution of subsidies' criteria for fishers
India also flagged the difference in the amount of subsidy provided by developing nations such as India, as compared to developed nations
 "WTO: India for 'per capita distribution of subsidies' criteria for fishers")
