Economy

Crude connection: Refiners eye Canadian shores amid supply disruptions

Heavy grade crude from Alberta can be a stable alternative to Russian Urals

Updated On: 11 Jul 2025 | 11:38 PM IST

Datanomics: Gujarat bridge collapse highlights infrastructure faultlines

Among India's 150,746 railway bridges, 25.8 per cent are over a century old

Updated On: 11 Jul 2025 | 11:36 PM IST

Cypriot shipping firms announce ₹10,000 cr investment in Indian shipping

Largest FDI in Indian shipping sector, say companies

Updated On: 11 Jul 2025 | 11:34 PM IST

India's net direct tax receipts down 1.3%, corporate taxes slip 3.7%

Tax experts broadly attributed the decrease in the net direct tax kitty to the spike in refunds but noted there were other factors at play as well

Updated On: 11 Jul 2025 | 11:24 PM IST

Pilot stage of internship scheme ending soon: FM Nirmala Sitharaman

Sitharaman said that India was a country going through a decade or more of demographic dividend

Updated On: 11 Jul 2025 | 11:15 PM IST

Income Tax department releases ITR-2, ITR-3 excel utilities for AY26

This enhanced integration aims to simplify compliance for taxpayers and reduce errors in return filing

Updated On: 11 Jul 2025 | 10:55 PM IST

Bids for RBI's 7-day VRRR auction fall short of notified amount

Receive bids worth ₹1.51 trn against notified amount of ₹2.5 trn

Updated On: 11 Jul 2025 | 10:51 PM IST

Net direct tax mopup dips 1.34% to ₹5.63 trillion on higher refunds

Total net collections stood at Rs 5.63 lakh crore, registering a decline of 1.34 per cent over Rs 5.70 lakh crore collected in the year-ago period

Updated On: 11 Jul 2025 | 9:37 PM IST

FM Sitharaman hails Meghalaya's growth, praises full use of SASCI funds

The FM also pointed out key development achievements in the state, including the construction of over 540 km of roads and a five-fold increase in optical fibre coverage since 2014

Updated On: 11 Jul 2025 | 9:08 PM IST

Trade agreement between India, four-nation EFTA to kick in from Oct

Deal with European bloc was signed in March 2024; it's projected to get India $100 bn foreign direct investment

Updated On: 11 Jul 2025 | 7:31 PM IST

India's forex reserves fall by $3 billion to $699.736 billion: RBI data

In the previous reporting week, the overall reserves had jumped by $4.849 billion to $702.784 billion. The reserves had touched an all-time high of $704.885 billion in end-September 2024

Updated On: 11 Jul 2025 | 5:35 PM IST

Globalisation must be tempered to local needs: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman calls for globalisation that aligns with local requirements, emphasising humanism and ethical practices at the IICA North East Conclave in Shillong

Updated On: 11 Jul 2025 | 4:51 PM IST

US flags India's dairy import rules at WTO, calls them 'trade barriers'

The US told the WTO that India's updated dairy certificate remains trade-restrictive and unscientific, raising concerns as both sides negotiate a broader bilateral trade agreement

Updated On: 11 Jul 2025 | 12:07 PM IST

US actions pushing countries to seek dollar alternatives for trade: GTRI

GTRI said the US sanctions and SWIFT bans on countries like Russia, Iran, and Venezuela, have blocked dollar-based payments

Updated On: 11 Jul 2025 | 11:42 AM IST

India clears air of uncertainty, signals trade deal talks with US still on

Negotiators to head to Washington again to seal a pact before August 1

Updated On: 11 Jul 2025 | 2:41 AM IST

RBI set to conduct 7-day VRRR auction on Friday to absorb ₹2.5 trillion

The Reserve Bank of India will conduct a Rs 2.5 trillion seven-day reverse repo auction to absorb surplus liquidity from the banking system and align the weighted average call rate with the repo rate

Updated On: 10 Jul 2025 | 11:51 PM IST

Strengthen shipping ecosystem to cut crisis risks: Commerce dept secy

He said Indian flag vessels are very limited in number, and this leads to around $50 billion of trade deficit that we do have in the services sector solely due to maritime logistics

Updated On: 10 Jul 2025 | 11:44 PM IST

Centre seeks to relax eco-zone norms as states flag development hurdles

The wildlife board may revise eco-sensitive zone rules to allow site-specific plans, after states said rigid norms were hurting local development and delaying new protected area proposals

Updated On: 10 Jul 2025 | 11:30 PM IST

May look at lateral entry for state science secys, says Jitendra Singh

In June, Singh had said the Centre had not abandoned the lateral entry route in the civil services, and said the Centre remains open to lateral entries

Updated On: 10 Jul 2025 | 10:46 PM IST

Govt quells fears of US tariff threat on Russian crude oil import

Points to deepening India-US trade; diversified crude flows in as counterbalance

Updated On: 10 Jul 2025 | 10:27 PM IST