Economy

87 mn Indian youth are not studying, working or in training: NITI Aayog

The Aayog, in the report titled 'Reimagining Skilling for Viksit Bharat@2047', said the estimate is based on data from the 78th round of the National Sample Survey conducted in 2021

Indian Oil to supply entire petroleum imports requirement of Mauritius

Indian Oil will supply Mauritius' entire import requirement of petrol, diesel and aviation turbine fuel under a long-term agreement with the State Trading Corporation

PNGRB approves 1,800 km LPG pipeline network worth Rs 7,000 crore

The expansion comes as India relies heavily on imported LPG, with bulk supplies arriving at coastal import terminals and then being transported to consumption centres across the country

India, Mauritius sign fuel supply pact, IOC to meet import requirement

The long-term sales and purchase agreement between IOC and Mauritius' State Trading Corporation is designed to provide Mauritius with assured supplies and reduce its exposure to price volatility

Odisha's ₹72,100 crore capex target at risk as state fast-tracks projects

With just 15.7% of its record FY27 capital outlay spent by July, Odisha is pushing departments to fast-track projects and unlock central capex incentives

Haldiram, MCL lead as Odisha clears 14 projects worth ₹2,780 crore

Odisha has approved 14 projects across 10 districts, spanning food processing, textiles, chemicals, electronics and steel, with potential to create 14,104 jobs

Easing of 10% rule on Chinese stake attracts FDI worth ₹4,896 crore

Investments span sectors including information technology, artificial intelligence, manufacturing, pharmaceuticals, data centres and transport services, government says

Govt examines easing blocked GST credit on construction for own use

Centre is discussing the issue with states amid industry concerns that denial of input tax credit on construction of own-use assets raises the cost of large investments

CabSec seeks programmes in colleges to build an advanced Indian economy

Sources said the directions include preparing a model to improve employability and upskilling opportunities for ITI students, besides rejigging method for awarding them degrees

India's informal sector suffered sharpest contraction in Q1 FY27

Establishments and employment remained above year-ago levels but contracted sequentially, with rural India accounting for much of the decline in the June quarter

Nuclear energy players bat for faster clearances, tech indigenisation

Nuclear power developers seek shorter regulatory approval timelines, standardised designs and greater technology indigenisation to reduce costs and speed up projects

Services drive recovery in private sector activity in Aug: Flash PMI

The HSBC flash composite PMI rose to 54.6 from 54.3 in July, with stronger services offsetting manufacturing growth that slowed to its weakest pace in five years

Sebi proposes distribution model to deepen corporate bond reach

This follows recent proposals to ease fundraising and improve risk disclosure to support debt mkt

Govt blames Red Rot, Top Borer disease, waterlogging for sugar price rise

No ethanol link to sugar price rise; millers jacking up rates, says govt

Finnish firms eye India after EU FTA, but 'Make in India' poses challenges

Finnish companies are looking to expand their India presence from next year, though local manufacturing requirements could pose challenges for some high-end products

RBI Central Board reviews global, domestic risks to economic outlook

The RBI's Central Board also reviewed various areas of the central bank's operations, including the functioning of its committees and the Ombudsman Scheme

India's forex reserves jump $9.9 bn to $716.9 bn in week ending Aug 14

India's forex reserves jumped USD 9.905 billion to USD 716.907 billion during the week ended August 14, the Reserve Bank of India (RBI) said on Friday.

EPFO may give states real-time PM-VBRY data, expand district outreach

The proposal includes district-level workshops with industry, trade unions, EPFO and ESIC officials, alongside a demand-led approach to short-term skilling

India's goods trade deficit hits 6-month high as imports rise amid Gulf war

The data underscores the ​growing pressure on India's external balance, as a wider trade gap weighs on the rupee and capital inflows

Front-of-pack labels: Where India stands vs global food labelling systems

India is yet to finalise its front-of-pack labelling rules. Here's how its proposed approach compares with warning labels and nutrition ratings used in other countries