‘Reforms driving productivity’: FM Sitharaman highlights 8.2% GDP rise; says high-frequency indicators show continued momentum

Finance Minister Nirmala Sitharaman on Friday said the July–September GDP growth of 8.2 per cent reflects the strength of the Indian economy and underscores the impact of reforms and fiscal consolidation.In a post on X, Sitharaman said, “Various high-frequency indicators also point to continued economic momentum and broad-based consumption growth.”Official data released earlier in the…

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Indian economy enters H2 of FY26: Finance ministry says GST reform lifts consumption; sees strong demand despite global risks

The finance ministry on Thursday said the Indian economy entered the second half of the fiscal year on a “firm foundation,” supported by easing inflation, resilient domestic demand and recent tax reforms. The rationalisation of goods and services tax (GST) rates has given a “measurable boost” to consumption, strengthening the growth outlook, it added. India’s…

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‘Only matter of time’: India hopes to seal first tranche of US trade deal by year-end; urges both sides to find ‘right landing zone’

India hopes to seal first tranche of US trade deal by year-end India is looking to finalise the opening tranche of the India–US Bilateral Trade Agreement (BTA) before the end of the year, with commerce secretary Rajesh Agarwal saying negotiations have advanced significantly despite recent shifts in global trade conditions. Speaking at FICCI’s Annual General…

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Ease rules for employers! New labour codes slash jail provisions to 22; promote more facilitative regulatory setup

The four new labour codes have significantly reduced the number of offences that carry imprisonment, cutting them to 22 from 87 earlier, according to a senior government official, ET reported.Of these, 16 offences are compoundable, while only six sections now provide for imprisonment along with higher fines for first-time violations related to safety and social…

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