Page 3 - Economy & Policy News

NSO to unveil 1st private capex survey in March amid investment push

NSO launched the first of its kind survey to track the annual capex by the private sector by compiling information on the projected capital investment for the next two years

Tax contribution of petroleum sector set to drop rapidly in FY 2024-25

Collections from windfall tax collections had cooled before it was withdrawn on December 2

India's electronics exports may dominate trade negotiations with US

India's electronics exports, driving over 62% trade surplus, to dominate US talks

Limited appetite raises questions on insurance FDI growth projections

The pace of FDI utilisation has been slow. Among private-sector non-life insurers, no company has reached the current 74 per cent threshold

India's aid gradually shifting beyond Asia, extending to new regions

These projects span a wide range of sectors like water, power, railways, roads, agriculture, education and health care

Centre may halt Sovereign Gold Bonds issuance from FY26 to reduce govt debt

Scheme said to have outlived its purpose of reducing physical gold imports

Natural farming in mission mode, but is it a workable alternative?

While the government is looking to push natural farming, which is different from organic farming, contrasting studies question the scalability and viability of the practice

Norway planning to ratify India-EFTA free trade agreement next year

The agreement came up for discussions during India-Norway Business Forum which was held in Mumbai

Electronics component makers seek Rs 72,500 cr to cut reliance on imports

The industry body expects that the government's support for non-semiconductor components can help reduce the deficit in the country by Rs 12.36 lakh crore

CII urges govt to stick to fiscal deficit target of 4.9% of GDP for 2024-25

CII also highlighted the announcement in the Union Budget 2024-25 to keep the fiscal deficit at levels that help reduce the debt-to-GDP ratio

India set to become $30 trillion-economy by 2047: Dharmendra Pradhan

The Union education minister said that the New Education Policy was envisioned to create wealth and jobs

Farmers seek low taxes, doubling PM-KISAN amount in pre-budget meet with FM

The two-hour meeting saw a detailed discussion of proposals, aimed at addressing multiple challenges in the agricultural sector, with key demands focusing on financial relief and market reforms

RBI policy: CRR cut to improve lenders' margins, may lift credit growth

Deposit rates may start easing

Forex reserves up $1.51 bn to $658.091 bn; end consecutive weeks of decline

For the week ended November 29, foreign currency assets, a major component of the reserves, increased by $2.061 billion to $568.852 billion, the data released on Friday showed

Q2 GDP showing not a systemic slowdown, says FM Nirmala Sitharaman

India's growth slowed to a seven-quarter low of 5.4 per cent in the July-September period of FY25

NSO may release monthly jobs data for rural, urban areas from March-end

Currently, the NSO releases the PLFS data for urban areas on a quarterly and yearly basis, while for rural areas it is released only annually

Union Budget 2025-26: Economists stress need for manufacturing policy

Call for reining in food inflation and raising investment in pre-Budget talks

India will continue to grow at 6-8% for next 5 years: Ashwini Vaishnaw

Vaishnaw said the world saw India as a ray of hope in times of global turmoil, two wars, disruption of supply chains and the hit taken by the world economy due to the Covid-19 pandemic

India not re-considering joining mega trade agreement RCEP, says Goyal

In a written reply to the Rajya Sabha, Goyal said that the structure of RCEP did not adequately address the ambitions and concerns of India's stakeholders

Cargo traffic at major ports drops 4.95% to 67.53 mn tonnes in November

JNPA and Deendayal ports reported positive growth, while cargo traffic at the remaining 10 major facilities saw a year-on-year drop