Economy

Kerala govt forms expert panel to prepare white paper on state finance

According to a CMO statement, the committee will be headed by former Cabinet Secretary Dr K M Chandrasekhar. Additional Chief Secretary (Finance) K R Jyothilal has been appointed as the Convener

FinMin, states in talks for simpler GST norms for qcom dark stores

The Finance Ministry is discussing with states possible simplification of GST registration norms for dark stores and warehouses amid rapid quick commerce expansion

Third India-Nordic Summit: Nordic nations to invest $100 bn in 15 years

India offers 100% FDI to Nordic defence firms in defence industrial corridors

How much do you really earn? New survey aims to crack India's income puzzle

Since 1950, the National Sample Survey (NSS) has produced respected household statistics on consumption, employment, health, debt and education. Income has remained the conspicuous gap

RBI likely to hold repo rate at 5.25% through FY27: India Ratings

India Ratings projects GDP growth at 6.7% and inflation at 4.4%, warning that higher crude prices and West Asia tensions may pressure growth and trade deficit

Overlaps in labour codes, state laws create compliance grey zone for firms

Experts say overlaps between Labour Codes and state Shops and Establishments Acts may create compliance uncertainty for companies across working hours and leave rules

Datanomics: PM Modi's 5-nation tour likely to strengthen trade ties

PM Narendra Modi's five-nation tour underscores India's push to deepen trade ties as exports to these countries outpace imports despite a cumulative trade deficit

Assam, UP and Meghalaya India's fastest-growing states, says study

Smaller and mid-sized states are emerging as India's fastest-growing economies, signalling a broader and more balanced growth story beyond traditional industrial hubs

FTAs must drive exports, not just imports: Commerce Minister Piyush Goyal

Commerce Minister Piyush Goyal urged Indian industry to use upcoming FTAs to boost exports and avoid a surge in imports

OMCs raise petrol, diesel price by 90 paise per litre, 2nd hike in a week

Petrol now costs ₹98.64 a litre in the national capital, from earlier ₹97.77 a litre and diesel is priced higher at ₹91.58 per litre

West Asia crisis: Russian oil waiver extension a huge relief, say experts

he US has extended sanctions waiver on Russian oil purchases till June 17, easing pressure on Indian refiners reliant on discounted crude imports

Tighter DSM rules for grid stability raise concerns over RE viability

India's tighter DSM rules aim to improve grid discipline amid rising renewable energy penetration, but industry experts say wider reforms are needed to balance stability and project viability

As India's thirst for edible oil grows, import curbs look unlikely

India's edible oil demand continues to rise on the back of population growth and improving incomes, making import dependence difficult to curb unless domestic oilseed production rises sharply

India to host Africa summit after 11 years amid strategic outreach

New Delhi seeks to deepen trade, investment, energy, and strategic ties with African nations as it hosts the fourth India Africa Forum Summit after an 11-year gap

India is trying to secure fertiliser supplies from 28 countries: Chouhan

Shivraj Singh Chouhan said India is engaging with 28 countries for fertiliser supplies while urging farmers to adopt organic and climate-resilient farming practices

India notifies standards for petrol blends with up to 30% ethanol

The move is part of the government's preparedness for the next phase of its ethanol-blending programme beyond E20, after advancing the deadline for 20% ethanol blending in petrol from 2030 to 2025-26

India's oil trade deficit set to balloon to new high in FY27: Crisil

Crisil expects India's oil trade deficit and current account deficit to widen sharply in FY27 as Brent crude prices rise amid the West Asia crisis

PM Modi in Rome: Why India, Italy need to build a strategic future together

Rome increasingly understands that the future of European competitiveness, economic resilience and strategic diversification will depend upon trusted industrial partnerships beyond the Continent

India's two largest aviation hubs cut ATF tax. How much can airlines gain?

Experts said lower ATF taxes at India's two biggest aviation hubs could improve airline operating economics and margins, though passengers may not see meaningful fare cuts immediately

Edible oil imports rise 3% in FY26 on Nepal duty-free surge: Industry body

Refined soybean oil made up the bulk of Nepal's exports to India, with smaller volumes of sunflower oil, RBD Palmolein and rapeseed oil also traded