India's core sector output grows 5% in June under new base year series, hits 5-month high

June 2026 marked a notable five percent growth in India's core industries index, with iron ore production soaring to forty-three point nine percent. Significant growth was also observed in cement and

India says no proposal to offer long-term tax relief for domestic equity investors

India's finance ministry confirmed no plan to remove equity LTCG tax. This clarification follows recent tax easing for foreign investors in government debt. Domestic investors will continue paying a

India's net FDI inflows likely to reach $15 bn in FY27

India's net FDI inflows are expected to rebound to $15 billion in fiscal year 2027. This rebound will be supported by healthy gross inflows and moderating repatriation outflows. Policy measures and a

India’s edible oil industry flags 17-fold surge in Nepal imports, seeks policy review

In a pressing appeal, the Indian Vegetable Oil Producers' Association urges a swift revision of India's edible oil import regulations. Recent years have seen a surge in duty-free refined oil entering

ICAR @98: Science, innovation and sustainability for Viksit Bharat 2047

Achieving Viksit Bharat 2047 requires agriculture to move beyond production towards value addition, food processing, exports, bio-based industries, carbon markets, and rural entrepreneurship.

A yo-yo monsoon is threatening India's crops and the power grid

India's monsoon rainfall is becoming more erratic due to El Niño and global warming, with the shift threatening agricultural output and straining the nation's power grids. Dry spells and sudden down

Government tightens norms for skilling centres, prioritises permanent industry-aligned institutions

The move is aimed at creating opportunities for employment, entrepreneurship, apprenticeship, higher education, reskilling and international certifications of the candidates.

JPC weighs key changes to Corporate Laws Bill, reviews AIF-to-LLP conversion and CSR norms

A parliamentary panel is examining changes to corporate law amendments. Investors may become partners in newly formed LLPs instead of trustees. The committee also debates proposed relaxations in cor

ASEAN, Africa lead India's export growth in first two months of FY27

ASEAN and Africa were the biggest drivers of India's export growth in the first two months of FY27, with exports to ASEAN surging 66.9% to $10.5 billion and shipments to Africa rising 53.1% to $9.6 bi

Vice President CP Radhakrishnan, Zanzibar President Hussein Ali Mwinyi hold "wide-ranging, productive discussions" in bilateral meeting

Vice President CP Radhakrishnan met Zanzibar President Hussein Ali Mwinyi in New Delhi. Discussions focused on strengthening trade, investment, and development partnerships between the nations. Zanz

Dr Reddy's Foundation soil testing lab set to hit 1-lakh sample mark ahead of 2026 rabi season

Dr Reddy's Foundation is expanding its soil testing operations significantly. The Hyderabad lab aims to process one lakh samples before the next Rabi season. This initiative addresses concerns about

Afghanistan seeks deeper trade ties with India, pitches for easier business access

Afghanistan's trade body seeks enhanced economic ties with India. They requested easier business procedures and faster visa issuance. This comes as Afghanistan diversifies trade routes away from Pak

NITI Aayog to review industrial corridor framework, seeks reforms to speed project execution

India's government is reviewing industrial corridor frameworks to enhance project delivery. NITI Aayog will consult stakeholders on necessary policy and regulatory changes. The review aims to identify

Deloitte projects 6.5-6.8% GDP expansion in FY27, growth to strengthen in second half

Deloitte India on Sunday projected India's economy to grow between 6.5% and 6.8% in the current financial year, with momentum expected to pick up in the second half of FY27. The firm said growth would

From Daman’s first flight to ₹28,840-cr UDAN push: India’s regional air connectivity takes off

Kumaon-Garhwal rail link strengthened as Ramnagar-Dehradun Express begins bi-weekly service

Delhi world's cheapest for dates, buying properties among major cities; salary among lowest

New Delhi offers the world's cheapest date and broadband internet services. Property prices in Delhi remain relatively low compared to global markets. However, the city's salaries are among the lowest

Complaints on quality of seeds, fertilisers and pesticides to be probed, resolved in 7 days: Bharane

Maharashtra's agriculture minister announced revamped taluka committees for faster complaint resolution. These committees will now investigate seed, fertiliser, and pesticide quality issues within sev

Gujarat tops NITI Aayog's Investment Friendliness Index 2026

Gujarat leads India's major states in NITI Aayog's Investment Friendliness Index 2026. The state achieved the highest score, reflecting its investor-friendly business environment. Gujarat's policy sta

Govt explores linking land records with ULI for faster farm credit

The Department of Land Resources is exploring digital land record integration with ULI. This initiative aims to provide faster and secure institutional credit access. Discussions with RBI Innovation H

India tightens Sri Lanka tax treaty with anti-abuse rule

India has amended its tax treaty with Sri Lanka to introduce a Principal Purpose Test (PPT), allowing authorities to deny treaty benefits where tax advantage is a key objective of an arrangement. Effe

States' fiscal deficit likely to moderate to 3.4% of GSDP in FY27 as tax collections improve: ICICI Bank

States' fiscal deficit is expected to moderate to 3.4 per cent of Gross State Domestic Product (GSDP) in FY27, supported by stronger tax collections and an improvement in revenue receipts, according t

Onion growers welcome agri market near Vadhvan port, urge govt to develop Nashik as export hub

Maharashtra's onion growers welcome a new agricultural market near Vadhvan port. They propose developing Nashik as a national onion export hub for global trade. This initiative aims to boost farmer in

It's a revamp! RBI steps ahead on plan for plastic rupee notes

India's currency printing authority is now on the lookout for international suppliers of polymer banknote material, signaling a significant change from nearly a century of using paper notes. Bidders m

Macros strong, but weak rains, war can hit growth: RBI Guv Sanjay Malhotra

The Indian economy expanded 7.7% in the last financial year, and the RBI has projected GDP growth of 6.6% for the current fiscal year despite global uncertainties, Sanjay Malhotra said. The governor a

EPFO launches VISHWAS 2026 to settle employer penalty disputes

The EPFO has launched VISHWAS 2026, a six-month, one-time dispute resolution scheme to help employers settle pending damages and penalty cases under provident fund laws. The initiative offers substant

Sugar prices hit record highs amid supply concerns in India

Record high sugar prices in India have emerged due to pressing supply issues, though industry leaders assure that domestic stocks are adequate for consumer needs. This rise in prices has mainly transp

'Closely following': India on US bill seeking 100% tariffs on India, others

India on Friday said it is closely monitoring a proposed US bill that seeks to impose 100% tariffs on countries, including India, buying Russian crude oil. The External Affairs Ministry said India's e

India-EU Investment Protection Pact, GI agreements work in progress: Piyush Goyal

India and the European Union are progressing on investment protection and GI agreements. These pacts will create significant business opportunities for both sides. India is now connected to the entire

India is ready to play in Russia's long game on top of the world

India and Russia are enhancing cooperation on the Northern Sea Route project. This Arctic corridor offers India an alternative to the Suez Canal. The route could significantly reduce shipping distance

India has adequate sugar stocks, no basis for speculation: ISMA, NFCSF

Indian sugar associations confirm ample domestic stocks and urge against speculative buying. The industry will start the 2026-27 crushing season early to ensure market supplies.

EPFO launches Vishwas 2026; scheme to be operational for six months

Under VISHWAS, 2026, damages or penalty for defaults pertaining to the period prior to June 14 2024 shall be recalculated at substantially reduced rates, namely 0.25% per month for defaults up to two

Gujarat emerges as top state in Niti Aayog's Investment Friendliness Index for states and UTs

Gujarat, Maharashtra, and Tamil Nadu lead NITI Aayog's Investment Friendliness Index. Gujarat secured the top position due to its strong infrastructure and financial health. NITI Aayog released the re

India's forex reserves rise $964 million to $675.16 billion for week ended July 10

India's foreign exchange reserves increased by $964 million to $675.16 billion. Foreign currency assets, the largest component, grew by $930 million during the week. Gold reserves also recorded an inc

West Asia crisis, uncertain monsoon major risks for growth: RBI Governor Sanjay Malhotra

Reserve Bank Governor Sanjay Malhotra noted West Asia crisis and weak monsoon pose growth risks. India's economy grew over seven percent recently, supported by strong fundamentals. The central bank pr

EPFO launches six-month 'VISHWAS 2026' scheme to settle employer penalty disputes, promote compliance

The Employees' Provident Fund Organisation (EPFO) has launched 'VISHWAS, 2026', a one-time dispute resolution scheme aimed at encouraging employers to settle long-pending damages and penalty-related c

No Smoke, Only Water Vapour: PM Modi flags off India’s first hydrogen train

DS Group launches wearable safety filter for women farmers in Uttar Pradesh

DS Group introduced protective filters for women farmers in Uttar Pradesh. These nano-fibre filters are designed to be stitched into traditional attire. The initiative includes awareness campaigns and

LPG subsidy bill may top Rs 1 lakh crore in FY27, create Rs 70,000 cr gap over Budget allocation

India's LPG subsidy bill may surpass Rs 1 lakh crore in fiscal year 2027. This projection indicates a significant shortfall against the budget's Rs 30,000 crore allocation. Overall subsidy spending ha

Indian state-run banks estimate $30 bln flow from overseas deposit scheme, sources say

Indian state-run banks expect to raise nearly $30 billion through the RBI's subsidised NRI dollar deposit scheme by September 30, bankers told Reuters. About $10 billion has been mobilised so far. Ban

US Senate bill seeks 100% tariffs on India, 4 other nations for buying Russian oil

A bipartisan bill introduced in the US Senate proposes 100% tariffs on imports from the top five buyers of Russian oil or gas, including India, China, Slovakia, Hungary and Azerbaijan, to pressure Rus

Iran war and monsoons key risk for Indian economy, says RBI Governor Sanjay Malhotra

RBI Governor Sanjay Malhotra said India’s inflation remains elevated, with rising Middle East tensions and the possibility of a weak monsoon posing key risks. He attributed recent price pressures ma

US less reliable? India may need to open the door wider to the Dragon

US trade uncertainty is prompting fresh calls for India to deepen economic ties with China. PM Modi's economic adviser Rakesh Mohan has urged New Delhi to attract more Chinese investment, rethink RCEP

India to launch headline Index of Services Production within months

India plans to launch a headline Index of Services Production (ISP) within the next few months, giving investors the country's first official monthly measure of services output. The statistics ministr

FAI hails Cabinet nod to NIPU-2026, calls it a major boost to fertiliser self-reliance

The policy offers investors a secure return and protects them from currency fluctuations. These reforms will enhance financial viability and promote self-reliance in urea.

JPMorgan says 100+ MNCs are exploring GIFT City operations

GIFT City is drawing strong interest from multinational companies, with JPMorgan saying more than 100 firms are exploring banking and payment solutions for corporate treasury operations. GIFT City's t

Foreign or local? Investors at lossover GIFT funds

Investors are grappling with confusion when it comes to reporting GIFT City fund investments in their tax returns. Fund houses provide varying guidance on whether these should be categorized as foreig

India-UK FTA unlikely to hurt domestic consumer brands, industry says

Domestic companies expect the India-UK trade pact to spur innovation and not create serious competition. The agreement reduces tariffs on many products, making British goods more affordable for consum

Govt to replace WPI with Producer Price Index for future procurement contracts

In a bid to modernize inflation measurement, the government is set to replace the Wholesale Price Index with the Producer Price Index for future government contracts and price changes. This initiative

Agri Minister targets fake seeds, pesticides; aims to expand ICAR outreach

ICAR aims for financial self-reliance through innovation and tech commercialisation by 2029. The institution released 43 new crop varieties and 17 technologies at the event.