Economy News ( English version)

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  • West Asia conflict may take pace off India's growth; CEA Nageswaran flags impact on inflation, fiscal deficit March 29, 2026
    India's economic growth forecast of 7-7.4% for 2026-27 faces considerable downside risk due to the West Asia conflict, according to Chief Economic Advisor V Anantha Nageswaran. The ongoing war threatens inflation, fiscal deficit, and external balances, necessitating reprioritized spending and enhanced preparedness.
  • India's economic ties with Azerbaijan improve despite political drift March 28, 2026
    Indian investments in Azerbaijan saw strong growth in 2025. Investments reached $56.047 million, a rise of 29.8 percent. Over the past decade, total Indian investments in Azerbaijan have climbed substantially. This trend highlights a growing economic partnership. Azerbaijan also assisted in repatriating Indians from Iran. No direct investments from Azerbaija […]
  • India opposes China-led investment pact in WTO March 28, 2026
    India has strongly opposed the China-led Investment Facilitation for Development Agreement. Minister Piyush Goyal stated its incorporation into the WTO framework risks undermining foundational principles. India stood alone on this contentious issue at the WTO ministerial conference in Cameroon. The agreement would only be binding on signatory members. India […]
  • India supports draft WTO fish declaration, says subsidised industrial fleets cause overfishing March 28, 2026
    India backs World Trade Organization talks to limit fishing subsidies. The nation stresses that developing countries and small fishermen must not be unfairly impacted. India highlights its own sustainable fishing practices and conservation efforts. The goal is to protect marine resources and livelihoods through equitable decisions.
  • WTO members bypass opposition to introduce world's first baseline digital trade rules March 28, 2026
    A significant agreement on digital trade rules is moving forward. Several World Trade Organization members have decided to implement the pact among themselves. This move aims to create a more open environment for digital commerce globally. The decision comes after previous attempts to adopt the agreement were blocked. This development marks a crucial step to […]

 

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