Economy News ( English version)

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  • Engineering goods exporters seek mandate on carbon emission certificate under EU norms September 6, 2026
    Engineering exporters have urged the government to mandate accredited carbon-emission data from raw-material suppliers, warning that small exporters could struggle to meet EU requirements under the Carbon Border Adjustment Mechanism (CBAM). About 70% of India’s engineering exports to the EU come from MSMEs.
  • Govt mulls FDI liberalisation in plantation sector September 6, 2026
    India is considering liberalizing foreign direct investment norms for plantations. More commercial crops like bananas could be included under this policy. The government aims to boost exports of bananas significantly in coming years. This move seeks to enhance India's global market share in banana production. Stakeholder consultations are currently unde […]
  • GST Council meeting likely to be postponed, say sources September 6, 2026
    The 57th GST Council meeting, scheduled for September 12, is likely to be postponed, with a final decision expected after consultations with states. The meeting was set to discuss several ease-of-doing-business measures, including protecting buyers’ ITC when suppliers fail to deposit GST, simplifying taxation of corporate guarantees, allowing ITC on certain […]
  • India emerges as key diesel supplier to Europe as Russian, US flows falter September 6, 2026
    India now supplies sixty percent of diesel transiting Bab-el-Mandeb to Europe. Russian diesel exports remain severely constrained due to ongoing disruptions. US shipments to Europe have also begun to weaken significantly. Indian refineries are filling a crucial gap in Europe's eastern diesel supply.
  • Punjab cabinet approves 3 foodgrain policies for Kharif 2026-27 September 5, 2026
    The Punjab Cabinet approved key policies for paddy procurement and movement in 2026-27. Amendments to Punjab Public Service Commission regulations were also sanctioned by the council. Thirty-three hospital posts were revived, and 138 new healthcare positions were created. Eighty vacant Medical Officer (Dental) posts will be filled by the department. These de […]

 

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