March 24, 2026

economy

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Budget expectations 2026: Recycling industry seeks open scrap trade; flags tariff risks to circular economy

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As global tariff uncertainty reshapes trade flows, leaders from the recycling industry have urged policymakers to prioritise open markets and ease cross-border movement of scrap and reusable materials in the Union Budget 2026, arguing that unrestricted trade is critical to building a resilient circular economy.Speaking at the International Material Recycling Conference (IMRC) 2026 here, industry…

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‘No winners’: China criticises US tariffs at World Economic Forum; promises wider opening of economy

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He Lifeng ,Trump (File photos) China on Tuesday said there were no winners in trade and tariff wars and called for more cooperation and dialogue in the global economy.Speaking at the World Economic Forum annual meeting, China’s vice-premier He Lifeng said countries should work together instead of turning inward. He added that while economic globalisation…

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India–Poland ties: EAM Jaishankar reviews economy, tech and defence cooperation; flags ‘selective targeting’

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External Affairs Minister S Jaishankar on Monday held wide-ranging talks with Poland’s Deputy Prime Minister and Foreign Minister Radosław Sikorski, reviewing bilateral cooperation in economy, technology and defence while exchanging assessments on global and regional developments amid heightened international uncertainty.In a post on X after the meeting, Jaishankar said the discussions provided “an opportunity for…

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Robust economy! India’s GDP growth projected at 7.4% in FY26 – government releases first advanced estimates

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Indian economy (AI image) India’s economy will grow at a robust 7.4% in the financial year 2025-26, according to the first advanced estimates of Gross Domestic Product released by the National Statistics Office (NSO). This is much higher than the 6.5% growth in the previous financial year. Nominal GDP is expected to rise by 8.0%…

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US economy outlook: Trump’s tariffs spared Americans in 2025 — but how will 2026 feel?

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Americans may have enjoyed some short-term relief in 2025, as President Donald Trump’s tariffs did not immediately drive up living costs. But for 2026 could bring a different picture, economists have warned, with prices expected to rise as businesses start passing the additional tariff costs on to consumers.Last year, United States collected $187 billion more…

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Concert economy: Government launches Live Events Development Cell; aims to make India global hub by 2030

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The ministry of information and broadcasting has set up a Live Events Development Cell (LEDC) to support the structured growth of India’s live entertainment industry and strengthen the country’s emerging concert economy, according to an official release.The LEDC will function as a single-window facilitation mechanism aimed at streamlining processes for the sector and positioning India…

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RBI Financial Stability Report: Economy stays resilient, banks remain strong; top points to know on NPAs, unsecured loans and crypto risks

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India’s economy continues to expand at a robust pace, supported by strong domestic demand, low inflation and healthy bank balance sheets, even as risks from unsecured lending, fintech exposure, external uncertainties and stablecoins persist, the Reserve Bank of India said in its December 2025 Financial Stability Report (FSR), PTI reported.The report said the domestic financial…

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Growth outlook: Indian economy set to post high growth despite global headwinds; RBI flags domestic demand strength

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India is projected to record high economic growth despite a volatile and unfavourable external environment, supported by strong domestic consumption and investment, Reserve Bank of India Governor Sanjay Malhotra said on Wednesday, PTI reported.“Maintaining financial stability and strengthening the financial system remains our north star,” Malhotra said in the foreword to the latest Financial Stability…

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