Economy

Centre plans to expand import clearance gateways for drugs, medical devices

The Health Ministry proposes adding seven inland container depots, an SEZ and Jewar airport to the approved list to ease imports of drugs, medical devices and cosmetics

NLMC aims to mobilise upto ₹15K cr in FY27 via asset monetisation of PSUs

NLMC has mobilised around ₹9,000 crore so far and has a pipeline of ₹5,000-6,000 crore in non-core PSU assets for the current financial year

India ranks 32nd among 34 Asia-Pacific economies in women managers: ILO

Women occupy just 11-12 per cent of managerial positions in India, while female employees earn about 28 per cent less per hour than men, according to an ILO report

Green hydrogen push faces reality check as projects struggle to take off

Nearly four years after launch, India's green hydrogen mission faces high costs, slow execution, and uncertain demand. Experts say bankable contracts and purchase mandates hold the key to success

Odisha draws ₹1.17 trillion clean energy investment proposals at summit

Odisha signs clean-energy agreements with 15 companies at a renewable energy summit, drawing proposals worth Rs 1.17 trillion for projects spanning 11.74 GW of planned capacity

India to develop tunnel boring machines if China imposes curbs: Goyal

The commerce minister said India would also reduce dependence on China for critical inputs such as rare earths, with start-ups already developing motors that do not use rare-earth materials

Petronet eyes US LNG supplies under renewed long-term deal with Qatar

India's top ‌gas importer Petronet LNG Ltd is in talks with Qatar to source some LNG from the US under its long-term contract from 2028, Petronet's group general manager Vivek Mittal said

BPCL buys 1 million barrels of US WTI crude for delivery in late December

The refiner bought the crude at a ‌premium of about $18 per barrel to the dated Brent contract for discharge at Mumbai

From grains to chicken and milk, India faces prolonged food inflation

Weak monsoon rains threaten winter crop yields, while rising costs and tight supplies are pushing up prices of staples, poultry and dairy products

India tax hike drives illegal gold imports to highest level since 2023

Informal shipments for July to September jumped more than 1,500% to 50 metric tons from 3 tons a year earlier, according to a report from the World Gold Council

Labour Bureau prepares to revise CPI-IW base year, expand coverage

A separate standing tripartite committee, comprising representatives of employers, employees and the government, will also advise on the exercise

10-yr Gsec yield falls 10 bps, rupee gains for 2nd day as oil prices slide

The benchmark 10-year government bond yield fell nearly 10 basis points to 7.32 per cent as crude prices declined, while the rupee strengthened for the second straight session

RE sector may create ₹20 trn investment opportunities by 2030: PM Modi

Speaking at the Bharat Renewable Energy Summit, PM Modi said the sector had attracted over ₹15 trillion in investments in the past decade, underscoring India's clean energy push

Manufacturing PMI dips in October as output, orders see slow growth

HSBC's India Manufacturing PMI fell to 54.7 from 55.1 in September, even as export orders grew at their fastest pace in six months and input cost inflation eased

Skill development, corporate affairs ministries top H1 FY27 underspenders

CGA data shows only 19 of 47 major ministries utilised over 45 per cent of their FY27 allocations in H1, while Railways led spending at 77 per cent and Mines at 75 per cent.

Datanomics: Banks' credit-deposit ratio in 3 southern states above 100%

The credit-deposit ratio of scheduled commercial banks surpassed 80 per cent in FY26. It stayed above 80 per cent till October 15, FY27

India assures commitment to lower Scotch tariffs under UK trade pact

The government has assured liquor companies it will honour tariff concessions under the India-UK trade pact, signalling a possible resolution to the dispute over bulk Scotch imports

IT and ITeS Policy of Uttar Pradesh, 2022: Incentives, eligibility and implementation

The policy is a state incentive and infrastructure framework intended to attract information technology and technology-enabled service operations to Uttar Pradesh

PM Modi to launch Pune Metro projects worth ₹21,800 crore on Tuesday

Prime Minister Narendra Modi will inaugurate Pune Metro's 23-km Pink Line and lay the foundation stone for Phase II corridors, with total project costs of around ₹21,800 crore

India's economic growth is high despite ongoing West Asia crisis: PM Modi

Addressing the Bharat Renewable Energy Summit, Modi said India was among the world's top three countries in the solar and renewable energy sector