Economy News ( English version)

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  • Goods exports up 6.7% in September, trade gap widens October 15, 2025
    September was a promising month for India's exports, showcasing their vibrancy amid global turbulence. However, with imports climbing at a quicker rate, the trade deficit has widened. Ongoing discussions surrounding U.S. tariffs are under scrutiny, while negotiations for a free trade agreement with the EU are in their final stages.
  • IMF growth revision reflects India's strong fundamentals: Piyush Goyal October 15, 2025
    According to the latest forecast from the IMF, India's economy is set to grow by 6.6% in FY26, a testament to its solid economic backbone and adaptability. The surge in consumer spending and significant infrastructure projects are propelling this growth.
  • China files complaint against India in WTO over EV, battery subsidies October 15, 2025
    China has lodged a complaint with the World Trade Organization against India's electric vehicle and battery subsidies. Beijing claims these measures violate global trade rules and unfairly benefit Indian industries. This move comes as China seeks to increase its EV exports to India. India's trade deficit with China has also widened.
  • India a close 2nd to China with₹25,597 crore Russian oil buys October 15, 2025
    India and China remain significant purchasers of Russian fossil fuels. In September, India's imports of Russian crude oil saw a decline. This comes as the United States urges India to reduce its reliance on Russian energy. China leads as the top importer of Russian crude, LNG, and coal. Turkiye also features prominently in these energy trade flows.
  • Russia to boost banana import from India October 15, 2025
    In a fresh twist to international trade, Russia is poised to become a major player in the banana market, turning its gaze towards India for imports. The Russian agricultural oversight body, Rosselkhoznadzor, has revealed plans to source anywhere from 300,000 to 500,000 metric tonnes of bananas annually.

 

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