Economy News ( English version)

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  • Terms of reference for Mexico trade pact likely next month December 17, 2025
    India's outbound shipments to Mexico totalled $5.75 billion in 2024-25 with light vehicles, motorcycles, base metals, auto parts, machinery, textiles and pharmaceuticals being the key exports. Imports, led by crude petroleum oil, smartphones and gold, amounted to $2.9 billion.
  • India and Russia are creating a framework to boost bilateral trade to $100 billion by 2030: Envoy December 17, 2025
    India and Russia are set to significantly increase trade. A new strategic economic plan targets $100 billion in bilateral trade by 2030. Trade has already seen substantial growth. The plan identifies key sectors and agencies for cooperation. Russia seeks to diversify trade beyond energy and defense. Moscow offers digital solutions for India's Smart City […]
  • Govt aims to accelerate pace of highways construction to 60 km/day: Nitin Gadkari December 17, 2025
    Union Minister Nitin Gadkari announced a plan to boost highway construction to 60 km daily. He also aims to make India's automobile sector the world's largest within a decade. The Ministry of Road Transport and Highways has set a target of 10,000 km for National Highways in the current financial year. Previous years saw significant construction ach […]
  • India, Oman trade pact to boost exports of petroleum, machinery & other products: GTRI December 17, 2025
    India and Oman are set to sign a free trade agreement. This pact will boost market access for Indian products like petroleum and machinery. Oman will also see improved access to the Indian market for energy and industrial inputs. The agreement aims to reduce tariffs and liberalize services trade. Bilateral trade is expected to grow significantly.
  • India likely to record about 7% growth in FY26: Gita Gopinath December 17, 2025
    India's economy is set for robust growth this fiscal year, exceeding initial projections. Former IMF chief economist Gita Gopinath anticipates a 7 percent expansion. Achieving ambitious national goals requires sustained reforms and maintaining high growth rates. Global trade dynamics and US tariff policies are also discussed. India's business envir […]

 

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