Economy

Chatroom: Consider ICC Code and local laws before advertising abroad

TNC Rajagopalan answers SME queries related to GST, export and import matters

CAG to prioritise mature local body accounts, seeks uniform state reporting

CAG Sanjay Murthy says improving local body accounts and standardising how states report fiscal transfers is essential as Finance Commission grants expand and accountability demands grow

PM Narendra Modi asks industry to make the most of trade deals

Modi tells India Inc to ramp up investments in R&D and never compromise on quality

West Asia crisis: Govt operationalises panel for supply chain resilience

The committee, comprising officials from the FM, MEA, shipping ministry and oil ministry, is expected to ensure coordination among departments and engage with export promotion councils

India to decide on US standards within six months of interim pact

USTR says India will determine within six months of the interim pact coming into force whether US or international standards are acceptable for select sectors, easing market access for US exports

India has ample oil stocks to weather supply shocks amid West Asia crisis

India holds around 25 days of crude and petroleum products and may diversify crude sourcing as the Strait of Hormuz faces disruptions, Oil Minister Puri said

Science, technology and talent: Pillars of India-Canada renewed partnership

India and Canada are building a future talent pipeline through a strengthened partnership grounded in shared values and sustainability, powered by science, technology and innovation

Hookah in restaurants taxable separately at higher GST rates: WB AAR

West Bengal AAR holds that hookah served with food cannot be taxed at the concessional restaurant GST rate, classifying it as a separate supply attracting 18-40% GST

India grapples with grid curtailment, biggest test yet on energy transition

Rising renewable energy capacity is straining India's grid, forcing curtailments and raising concerns over stability, storage gaps and the need for flexible thermal operations

Productive capital, inclusion key to next growth phase: RBI Dy Guv

RBI Deputy Governor Swaminathan J says India's path to Viksit Bharat@2047 depends on productive capital allocation, meaningful financial inclusion and strong customer protection

Japan in talks with India to jointly explore rare earths in Rajasthan

Following on a preliminary pact on critical minerals that Japan and India signed last year, Tokyo has expressed interest in the Rajasthan deposits and plans to send experts to the site

Ongoing conflict in West Asia to discourage investment into India: BMI

Despite the favourable readings of policy uncertainty so far in 2026, BMI kept the FY2026/27 growth outlook unchanged, projecting a 7 per cent GDP expansion

India most vulnerable to prolonged disruptions to West Asian oil: Analysts

Both ​China and India, Asia's top energy consumers, source around half of their crude imports from the West Asia, but India has far less oil in storage than its neighbor

Govt moves to shield trade as West Asia conflict chokes sea routes

The Centre has set up a multi-ministry support desk to assist exporters and importers as the West Asia conflict disrupts cargo movement, congests ports and heightens logistics challenges

Manufacturing PMI climbs to four-month high in Feb, rises to 56.9

However, the latest figure was significantly lower than the Flash India Manufacturing PMI of 57.5, released last month

India, Canada sign $1.9 bn uranium pact to strengthen energy cooperation

India has signed a $1.9 billion uranium supply deal with Canada's Cameco for deliveries from 2027 to 2035, part of a wider strategic energy partnership spanning renewables and fuels

India's CAD widened to 1.3% of GDP in Q3FY26 on higher trade deficit

India's current account deficit widened to $13.2 billion in Q3FY26 as the trade gap expanded, though higher services receipts, lower investment outflows and stronger remittances provided some support

Datanomics: How the West Asia conflict risks inflating India's oil bill

A major proportion of India's crude oil imports flows through the Strait of Hormuz, which remains an important trade point in the Gulf

Democratising AI revolution: GCCs, tax certainty to power India's rise

India's AI ambitions hinge on strong GCC growth and tax certainty through safe harbour rules and APAs, enabling innovation, investment and equitable digital transformation

FMCG companies worried about price pressure amid West Asia conflict

FMCG firms exporting to West Asia are monitoring the Iran conflict as rising crude prices and supply chain risks threaten higher packaging and freight costs, with exporters bracing for volatility