Economy & Policy News

Under the Income-tax Act, residential status is primarily determined by the number of days an individual spends in India during a financial year

Sensex and Nifty fall for a second straight session as escalating Iran-linked attacks push crude prices near $100 a barrel and raise fears of prolonged disruption in oil supplies

USTR opens Section 301 investigations into 16 economies, including India, over excess manufacturing capacity that Washington says undermines US industrial revival

India will roll out the new Income-tax Act, 2025 from April 1 with 54 forms operational initially, while the rest will be introduced in phases during FY27

CPI inflation increased by 47 basis points year-on-year in February, data showed

Industry body to seek higher import duty, safeguard measures and life-cycle cost analysis in infrastructure procurement as it pushes for a dedicated national policy for stainless steel

Industry body urges DGFT to exclude aluminium products from 50% RoDTEP rate reduction, citing rising tariff barriers, shrinking export opportunities and growing global competition

IEA's record 400-million-barrel reserve release aims to stabilise global oil markets after the Strait of Hormuz closure triggered one of the biggest energy shocks in decades

The most immediate impact would be on India's current account deficit. This concern has pushed the rupee to a record low and forced the central bank to sell dollars from its reserves

The policy design, size of the incentives and the overall budget are still being finalised and may change during the inter-ministerial consultations

The gas crunch is rippling through the economy, raising fears about a spike in prices and a drop in output in some sectors

The US has launched fresh trade investigations into 16 major trading partners, including India, under Section 301 of the Trade Act of 1974, after the SC struck down much of Trump's tariff programme

India will soon receive two cargoes each of crude oil and LNG via routes bypassing the Strait of Hormuz as refiners boost LPG production to ease supply pressures

The Fiscal Responsibility and Budget Management (FRBM) Act aims to regulate the country's debt level by restricting fiscal and revenue deficits as a percentage of GDP

Textile mills, engineering units, and sports goods makers across Ludhiana and Jalandhar test a fragile export revival

India's capacity additions are expected to touch nearly Rs 3.6 trillion in March FY26, led by manufacturing projects, though geopolitical tensions in West Asia could cloud future private investments

Revised policy may ease startup funding and support IPO-bound companies while maintaining security oversight

A prolonged West Asia conflict could strain India's fiscal position through higher fertiliser subsidies, rising import costs and weaker revenue growth

Automatic-route investment applies only to global entities with up to 10% Chinese ownership; firms registered in China must still seek government approval

India plans an indigenous Virtual Asset Lab to detect unregistered offshore crypto platforms as regulators tighten oversight following FATF concerns over money-laundering risks