Economy

India must embrace AI to remain competitive, while leveraging overseas acquisition opportunities and strengthening its investment proposition to attract global capital, says Citi's Viswas Raghavan

Mining and quarrying output remained weak in H1 FY27, with fuel and non-metallic minerals driving the decline

Rupee strengthens to a seven-month high, supported by foreign portfolio inflows and positive market sentiment despite a stronger US dollar

The state government has abolished the quota-based pension system, expanding coverage under the Madhu Babu Pension Yojana to 4.18 million beneficiaries with an additional ₹625 crore annually.

Gross direct tax receipts rise 14% to ₹17.50 trillion, while refunds jump 25.9%; net collections reach 53.5% of FY27 Budget target, with corporate taxes leading growth

Agreement seeks to strengthen investment, startup and technology partnerships, skill development and overseas employment as an 80-member Japanese delegation visits Odisha

The 8.5-km extension from Noida Sector 51 to Greater Noida Sector 4 will add five stations and connect commercial hubs, offices, hospitals and residential areas over four years

Union Cabinet approves five-year extension of Stand-Up India scheme with ₹4,111 crore credit guarantee corpus, targeting financial assistance to 250,000 additional entrepreneurs

Nitin Desai says India's reform ideas predated 1991, but the bigger challenge now is boosting manufacturing and new businesses to create jobs and move workers out of agriculture

Rating agency cites robust consumption, improving private investment and resilience to the energy shock, but flags inflation, monsoon risks and tighter monetary policy

Andhra Pradesh expects investment commitments worth ₹10 trillion at the two-day CII Partnership Summit in Visakhapatnam, bringing together investors and delegates from 58 countries

The government said the move would ensure the availability of fertilisers to farmers at subsidised and affordable prices.

Robust consumption, improving investment dynamics and strong macroeconomic fundamentals imply that the economy appears well positioned to sustain growth near 7% over the medium term

Customs investigators have ordered ‌the higher tariff on the shipments arguing that bulk Scotch concentrates used to make whisky brands are not eligible for the pact's reduced 75% duty

The DGFT has changed the export policy for specified battery waste and scrap under ITC (HS) code 85491400 from 'Free' to 'Prohibited', with immediate effect.

Wealthy Indians are increasing allocations to real estate, infrastructure and other income-generating assets, with at least six new funds seeking to raise more than $1.25 billion this year

Earnings hit a 13-qtr high on improved refining margins, lower excise payout

Five properties owned by MTNL in Mumbai, valued at about ₹4,000 crore, have already received approval from the alternative mechanism

The urban youth unemployment rate rose to 18.9 per cent in Q2FY27, while the overall jobless rate fell to 5.1 per cent; Kerala recorded the highest unemployment among states

Gold smuggling surged to 50 tonnes in Q3CY26 after the import duty hike to 15%, widening the price gap and putting organised jewellery retailers at a disadvantage.