Economy

Half a lifetime after the 1991 reforms: Lotuses bloom in muddy waters

Thirty-five years after the 1991 reforms, India has grown dramatically but unfinished reforms, weak public services and job creation remain major challenges T N Ninan

Datanomics: ULCA repeal alone no guarantee of manufacturing, infra boost

Repealing the Urban Land Ceiling Act may improve land availability, but manufacturing and infrastructure growth also depend on ease of doing business and broader reforms

Delaying reforms will hurt future of our youth: Montek Singh Ahluwalia

Montek Singh Ahluwalia says India needs a fresh reform roadmap, faster private investment and broader policy consensus to achieve the Viksit Bharat goal

Odisha seeks to become India's next diamond hub with dedicated policy

Odisha plans a dedicated gems and jewellery policy and park to capitalise on rising lab-grown diamond investments and build an integrated manufacturing ecosystem

India's silver imports slump as licensing curbs disrupt shipments

India imposed licensing requirements for silver imports in May to preserve foreign-exchange reserves, sending shipments plunging to an estimated 29 tonnes in June from 747 tonnes in January

Govt allows Amazon and Flipkart to build inventories for exports

The DPIIT said the restrictions on inventory-based e-commerce models would no longer apply where such entities deal exclusively in exports of goods manufactured or produced in India

HC stays CBDT circular denying tax relief to judges under new tax regime

The court said the issue requires detailed examination and directed the Income Tax Department not to process judges' returns under the disputed arrangement

RBI sees resilient economy despite West Asia conflict, monsoon concerns

Reserve Bank of India said the economy remains resilient, supported by healthy demand and strong industrial and services activity, while warning that the Iran war and a deficient monsoon pose risks

India and Myanmar deepen rare earths ties amid China supply concerns

India and Myanmar are strengthening cooperation on rare earths and critical minerals, as Centre seeks to diversify supplies of strategic resources dominated by China

Oil jumps over 2% to more than $95/barrel as conflict threatens transit

Brent crude climbed above $95 a barrel as US-Iran hostilities and Houthi threats to Red Sea shipping heightened fears of major oil supply disruptions

Foreign investors return shows renewed confidence in India: RBI bulletin

The central bank said resilient domestic activity, improving trade momentum and stronger foreign investment inflows point to a favourable outlook for the Indian economy

Unemployment among rural women at one-year high in June: Experts

Weak monsoon and delayed kharif sowing may have pushed rural women's unemployment to a one-year high in June despite higher labour force participation

Adverse developments in West Asia, US, Russia: India may be worst-hit

The legislation allows US President Donald Trump to impose tariffs of as much as 100 per cent on the top five purchasers of Russian oil and natural gas, essentially targeting China and India

India's GDP likely grew 6.4-6.6% in Q1 FY27 despite cost pressures: Icra

Economic activity rose to a 32-month high in June, but Icra expects GDP growth to moderate from 7.8 per cent in Q4 FY26 amid pressure on margins in key sectors

NITI Aayog's investment index: What separates top states from the rest?

NITI Aayog's first Investment Friendliness Index ranks states on investment readiness and highlights why some attract more private capital while others continue to lag

India's edible oil import bill may rise 9% to ₹1.75 trn this year: SEA

India's edible oil import bill could climb 9% to a record ₹1.75 lakh crore this year, driven by higher import volumes, a weaker rupee and global supply pressures

India's manufacturing set to nearly triple by 2035, says Morgan Stanley

The report expects India's manufacturing industry to grow 2.8 times over the next decade, helped by reforms, public investment, and global supply chain diversification

Rural income gains hit two-year low, informal borrowing rises: Nabard

Nabard's latest survey shows that rural income growth has slowed to a two-year low. The findings come as rural inflation reached 5% in June, compared with 4% in urban area

Trump's 200% tariff plan on generic drugs: What it means for India

Donald Trump has proposed phased tariffs of up to 200% on imported generic drugs by 2028 to boost US manufacturing. Here's why the move matters for India's pharma sector and bilateral trade

Value of rupee market-determined with no specific level or band: Sitharaman

Finance Minister Nirmala Sitharaman says the rupee is market-determined with no target band, while RBI intervenes only to curb excessive volatility