Page 2 - Economy

India's $4 trillion economy has entered structural slowdown: UBS Group

The deceleration is underpinned by a long-term moderation in credit growth, foreign direct investment, export competitiveness and earnings potential, UBS said

'Unease' of doing business in India: Bureaucracy pushes factory costs up

Prime Minister Narendra Modi's "Make in India" campaign has also got lost somewhere in the labyrinths of this bureaucratic maze

Weaker rupee to push India's import bill due to higher payments: GTRI

In theory, sectors with low import dependence, like textiles, should gain the most from a weaker rupee, while high-import sectors like electronics should benefit the least

Govt approves 8th Pay Commission ahead of Budget 2025: What we know so far

The current pay commission, which helps determine govt employee's salaries, allowances, and pensions, is set to end in 2026

PM Modi okays constitution of 8th Pay Commission for central govt employees

"The term of the last Pay Commission will end in 2026. Establishing the 8th Pay Commission well in advance, in 2025 itself, will give us sufficient time to get the recommendations," Vaishnaw said

India must thank Manmohan for shift from caste-based to class-based society

For ages, the halwahi ecosystem had maintained a civilisation that had kept trade cashless. Land and grains were the only form of wages

India to remain fastest-growing large economy in FY26, FY27: World Bank

The global economy is projected to expand by 2.7 per cent in both 2025 and 2026, the same pace as in 2024, as inflation and interest rates decline gradually

Income-Tax department recovers Rs 1,070 crore from wrongful claims

The taxpayers filed updated income tax returns (ITRs) for assessment years from FY23 to FY25 after doing the corrections

Indian economy likely to grow between 6.5-6.9% in FY26, says Ficci

On the investment front, the government's focus on capital expenditure is expected to remain a key growth driver in 2025-26

Work in progress to power up Rajasthan govt's solar energy capacity

"The day is not far off when the state will not only fulfil its own needs but also supply electricity to other areas of the country," Rajasthan Minister of State for Energy Heeralal Nagar said

Ficci lowers India's growth projection from 7% to 6.4% for current FY

According to Ficci's Economic Outlook Survey, the revised projection is in line with the broad expectations and reflect a notable slowdown vis--vis 8.2 per cent GDP growth recorded in 2023-24

Palm oil imports to drop to 5-year low in Jan due to losses: Report

The thin lineup of vessels carrying palm oil at key ports such as Kandla, Haldia, and Krishnapatnam over the next two weeks suggests imports could drop to about 370,000 metric tons in Jan

Global economy to weaken in 2025, India's strong growth continues: WEF

In its latest Chief Economists Outlook, World Economic Forum said global economy is set to face significant challenges in 2025, with 56 per cent of chief economists surveyed expecting weak conditions

US sanction clarifications tighten squeeze on India's February oil supplies

Indian refiners have until Feb 27 to wind down transactions with sanctioned Russian tankers, opaque traders, a shadow fleet, and insurers, according to a US govt official

Health and education reforms: A blueprint for India's manufacturing dream

India's ambition to lead global manufacturing depends on tackling malnutrition and improving education. The Union Budget 2025 offers a chance to invest in these sectors, leading to sustainable growth

Trade deficit eases to $21.94 billion in December as gold imports fall

Data showed merchandise exports contracted by 1 per cent year-on-year to $38.01 billion in December

Japan will be country partner in Global Investors Summit Madhya Pradesh

Renewable energy policies include the MP Pump Hydro storage Policy 2025, Madhya Pradesh Biofuel Promotion Policy 2025, and MP Urban Gas Distribution Policy 2024, all of which are expected to be finali

Fiscal conditions to constrain credit growth in 2025, says Moody's

ICRA, in its report on Budget expectations, estimated the fiscal deficit target for FY2026 to be set at 4.5 per cent of GDP

Govt to launch AI-backed data analytics platform for better trade insights

A committee, comprising officials from commerce and finance ministries, has been formed to create a mechanism for publishing consistent and accurate data

US-India Tax Forum proposes simplifying TDS, customs tariff structure

To establish GIFT City as a global financial hub, the Forum has proposed tax exemptions on dividends and financial transactions