Indian Economy and Business: Key Developments on September 18-19, 2025

September 19, 2025

India's economic landscape witnessed significant developments over the past 24 hours, with Union Minister Piyush Goyal projecting a 6% growth in exports for 2025 and Financial Services Secretary M Nagaraju urging increased corporate investments to fuel economic progress. Major GST reforms, including a simplified tax structure and abolition of GST on educational and health-related items, are anticipated to inject Rs 2 lakh crore into the economy. Despite positive GDP growth forecasts and stock market gains following a US Fed rate cut, the Indian market has underperformed globally this year. Meanwhile, ongoing trade discussions with the US aim to resolve tariff issues and address concerns over visa revocations for some Indian executives.

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Indian Economy and Business: Key Developments on September 18-19, 2025

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1. According to Union Minister Piyush Goyal, what is India's projected export growth for 2025?

2. What was the total value of India's exports for FY25, as mentioned by the Union Minister of Commerce and Industry?

3. Which of the following sectors is NOT explicitly mentioned as a focus area for enhanced market access in India's FTA negotiations with the European Union?

4. The additional 25% tariffs imposed by the U.S. on Indian products, bringing the total levy to 50%, are primarily in response to which of India's actions?

5. Who urged India Inc to scale up investments, citing corporates' 'strongest balance sheets'?

6. What was India's GDP growth rate for the April-June period, as stated in the text?

7. By when does Chief Economic Adviser Dr. V Ananth Nageswaran project India's economy to reach US$5 trillion?

8. From which date are the significant GST reforms announced by CM Yogi Adityanath expected to be implemented?

9. What is the estimated economic boost to the Indian economy expected from the new GST reforms?

10. Under the new GST reforms, which of the following items has had its GST fully abolished?

11. Which of the following products will now incur a 40% GST rate under the new reforms?

12. How did the Indian stock market perform in 2025 in US dollar terms, as stated in the text?

13. Which company launched India's first Green Bond?

14. Who is the Chairman of Oil India Limited, who confirmed that the company's Russian assets remain unaffected by recent drone attacks?

15. Which company acquired Ambika Pathology?

Indian Economy and Business: Key Developments on September 18-19, 2025

Your Score: 0 / 0

1. According to Union Minister Piyush Goyal, what is India's projected export growth for 2025?

2. What was the total value of India's exports for FY25, as mentioned by the Union Minister of Commerce and Industry?

3. Which of the following sectors is NOT explicitly mentioned as a focus area for enhanced market access in India's FTA negotiations with the European Union?

4. The additional 25% tariffs imposed by the U.S. on Indian products, bringing the total levy to 50%, are primarily in response to which of India's actions?

5. Who urged India Inc to scale up investments, citing corporates' 'strongest balance sheets'?

6. What was India's GDP growth rate for the April-June period, as stated in the text?

7. By when does Chief Economic Adviser Dr. V Ananth Nageswaran project India's economy to reach US$5 trillion?

8. From which date are the significant GST reforms announced by CM Yogi Adityanath expected to be implemented?

9. What is the estimated economic boost to the Indian economy expected from the new GST reforms?

10. Under the new GST reforms, which of the following items has had its GST fully abolished?

11. Which of the following products will now incur a 40% GST rate under the new reforms?

12. How did the Indian stock market perform in 2025 in US dollar terms, as stated in the text?

13. Which company launched India's first Green Bond?

14. Who is the Chairman of Oil India Limited, who confirmed that the company's Russian assets remain unaffected by recent drone attacks?

15. Which company acquired Ambika Pathology?

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