Economy News ( English version)

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  • Broad-based revival in rural demand improvement in incomes: Nabard Survey December 11, 2025
    A NABARD survey reveals a significant boost in rural economic momentum, with 80% of households reporting higher consumption over the past year. This rise in prosperity is attributed to sustained welfare support, strong public investment, GST rate rationalization, and moderating inflation, leading to improved real incomes and purchasing power.
  • Piyush Goyal says India left "no stone unturned" for a fair India-EU FTA talks December 11, 2025
    India and Italy are boosting business ties. Discussions focused on a fair India-EU Free Trade Agreement. Both nations are working on expanding trade and investments. Collaboration is key in technology, innovation, and sectors like automobiles and renewable energy. Joint ventures will unlock opportunities in the EU market. This partnership is vital for future […]
  • Why Mexico slapped 50% tariff on India, how it matters December 11, 2025
    Mexico is implementing significant tariff increases on imports from countries without free trade agreements, including India, China, and Vietnam, aiming to protect domestic industries and boost revenue. This move, potentially influenced by US trade pressures, could impact Indian auto exports and reshape global supply chains.
  • After Prada pact, Piyush Goyal says Kolhapuri chappal exports can touch USD 1 bn/yr December 11, 2025
    Kolhapuri chappal exports could reach USD 1 billion yearly. Italian fashion house Prada signed an MoU to create Kolhapuri chappal-inspired sandals. This collaboration recognizes Indian artisans. The limited edition collection debuts in February 2026. It will be manufactured in India, fostering skill exchange and cultural dialogue. This initiative highlights […]
  • RBI relaxes rules on current, CC and OD accounts; threshold raised to ₹10 crore December 11, 2025
    The Reserve Bank of India has relaxed norms for business accounts. Customers can now open current, cash credit, and overdraft accounts more easily. The aggregate exposure limit for opening these accounts without restriction has been raised. New rules will be effective from April 2026. Banks will have specific criteria for maintaining accounts with higher exp […]

 

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