The Finance Ministry on Wednesday also notified the Chewing Tobacco, Jarda Scented Tobacco and Gutkha Packing Machines (Capacity Determination and Collection of Duty) Rules, 2026
The Centre has converted the provisional safeguard duty on steel into a three-year levy of up to 12 per cent to curb cheap imports, mainly from China and other exporting nations
RBI says household debt rose to 41.3% of GDP at end-March 2025, led by consumption-oriented retail loans, even as net financial savings improved in Q4 FY25
Sugar output in Uttar Pradesh, the country's largest sugar producing state, increased to 3.56 million tonnes during October-December period of 2025-26 season from 3.26 million tonnes in the year-ago
CGA data showed the Centre's fiscal deficit rose to Rs 9.77 trillion, or 62.3 per cent of FY26 Budget estimates, in April-November as capex surged and net tax revenue slipped
With new GDP, CPI and IIP base years, sweeping tax reforms, GST overhaul, labour code rollout and EU's carbon tax, 2026 is set to reshape India's economic, regulatory and labour landscape
Revised draft rules for the four Labour Codes clarify key provisions such as gratuity on 'wages' and gig worker registration, with stakeholder inputs invited for up to 45 days
The Centre has launched a ₹4,531 crore market access support scheme for FY26-31 to boost exporters' global reach, with an MSME bias and support for trade events and new markets
During Russian President Vladimir Putin's visit to New Delhi in December, India and Russia unveiled a raft of measures, including a five-year roadmap to build a robust economic partnership
Real GDP growth accelerated through successive quarters, reaching 8.2 per cent in Q2 of 2025-26, while retail inflation slipped below the Reserve Bank's lower tolerance band of 2 per cent
The levy, locally known as a safeguard duty, will be imposed at 12 per cent in the first year followed by 11.5 per cent in the second year and then 11 per cent in the third year
Analysts expect banks' corporate credit to pick up as the bond-loan rate gap narrows and RBI reforms, including acquisition financing and eased exposure norms, begin to bite
With inflation easing, tax revenues rising and major FTAs taking effect, India's economy held firm in 2025 even as US tariffs and global slowdown fears weighed on trade
Overall Russian oil deliveries to India had slowed to as little as 712,000 barrels a day in the second week of December, before rising, according to Kpler
Besides cooling food prices, the decision of the government to reduce GST rates on about 400 items in September helped in further improving the price situation in the country
