Economy

India creates the culture. Someone else monetises it. We explain the Orange Economy: what it is, where India stands, and why imagination might just be our biggest untapped economic asset.

Economy wrap April 13-19: Rising fuel-led inflation, job market stress and West Asia risks cloud near-term outlook even as government attempts to sustain growth momentum

As a percentage of India's GDP, it declined to 12.1% from 14.4% in FY21, say experts

Uttar Pradesh plans ₹2,900 crore push to upgrade smaller towns with smart infrastructure, aiming for balanced urban growth and improved ease of living

Government allocates Rs 10,000 crore for capacity building and credit guarantees under Urban Challenge Fund to help cities access market financing

Unemployment rate rose to a five-month high in March as labour force participation and worker population ratio declined across both rural and urban areas

Experts say advance pricing agreements will continue to be preferred by large firms for flexibility, certainty, and cross-border alignment despite simplified safe harbour rules

From bridal skincare to fitness makeovers, India’s pre-wedding industry is evolving fast. Now, weight-loss injections like Mounjaro are becoming part of that transformation, raising questions about he

The Finance Ministry effected the hike through five notifications by raising the Special Additional Excise Duty on diesel to ₹24 per litre and adjusting the Road and Infrastructure Cess

RBI Deputy Governor says remittances to India likely to remain stable as demand for migrant workers may rise despite ongoing conflict in West Asia

Economist Michael Devereux calls for moving beyond incremental reforms, arguing current global tax rules are complex, ineffective, and ill-suited to taxing multinationals

Government e-Marketplace records strong procurement growth, with MSMEs leading participation and AI-driven tools enhancing transparency, efficiency, and monitoring across transactions

This will give businesses greater predictability, says Goyal

CAG flags Rs 12,754 crore misclassification and Rs 54,282 crore pending utilisation certificates in FY25, raising concerns over transparency, budgeting gaps and fund transfers

CCIL said ‌it would levy a volatility margin of 20 per cent of initial margin with immediate effect under its foreign exchange forward segment regulations

CBDT clarifies GAAR provisions to exempt pre-2017 investments from scrutiny, aiming to boost investor confidence and ensure tax certainty

Coal demand in India is rising as the West Asia crisis disrupts gas supplies, prompting higher auctions by Coal India and pushing industries to reconsider fuel choices amid tightening energy markets

In the financial year 2024-25, FPI inflows were supported by phased entry into JPMorgan's Government Bond - Emerging Market Index (GBO-EM)

Delhi's FY27 Budget raises capital outlay and green spending, but capex remains below 1 per cent of GSDP, even as revenue surplus strengthens and fiscal deficit stays within limits

Court continues interim relief, stays show-cause notice in case challenging 18% GST rate on restaurants in high-tariff hotels, with hearing slated for June