Economy News ( English version)

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  • GDP growth to slip to 6.8% in FY27, limited scope for rate cuts: Report January 7, 2026
    Goldman Sachs forecasts India's GDP growth to slow to 6.8 percent in FY27. Inflation is expected to rise, restricting the Reserve Bank's ability to lower interest rates. Private investment remains subdued. The rupee's depreciation is likely nearing its end. The current account deficit is projected at 1 percent in 2026. A US-India trade deal de […]
  • Centre sets guidelines for AI-driven cancer diagnosis January 7, 2026
    India now regulates AI software for cancer detection. These tools analyze medical images like X-rays and CT scans. They are now classified as Class C medical devices. This means they need official approval and safety checks. Developers must follow quality standards. This move ensures patient safety as AI use grows in healthcare.
  • India's GDP pegged to grow at 7.4% for FY26 despite tariff heat January 7, 2026
    India anticipates robust economic growth of 7.4% in fiscal 2025-26. This projection highlights the nation's economic strength despite global challenges. The government's initiatives, including tax relief and GST adjustments, are expected to boost consumer demand. Manufacturing and services sectors are poised for significant expansion, positioning I […]
  • Govt targets to present Seeds Bill in Parliament during Budget session; 9,000 suggestions received: Agri Secretary January 7, 2026
    Budget session: The government plans to introduce the Seeds Bill 2025 in Parliament in February. This new bill will replace the old Seeds Act of 1966. It aims to ensure seed quality and traceability through mandatory registration. Farmers will still be able to save and exchange their own seeds. The bill also outlines penalties for violations.
  • Gadkari calls for import cuts, export push to make India 3rd-largest economy January 7, 2026
    India aims to be the world's third-largest economy. Union Minister Nitin Gadkari stated that reducing imports and boosting exports are crucial. He highlighted converting agricultural waste into bio-bitumen for road construction. This initiative will save foreign exchange and reduce crude oil dependence. The move supports sustainable development and rura […]

 

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