Economy

No commitments relating to ethanol import from US under FTA talks: Govt

The government said India has made no commitment to import US ethanol for fuel blending, reaffirming that the blending programme relies entirely on domestic supplies

West Asia crisis shows need for fertiliser contingency plan: Parl panel

Says current DBT framework needs a relook; comes down heavily on bundling

No dedicated audit of workplace creche provision: Labour Ministry

The Centre told Parliament it has not conducted a dedicated audit of mandatory workplace creche provisions and does not maintain data on compliance by establishments

India's ₹124.9 trn MSME procurement mkt offers digital growth opportunity

Four in five small businesses expect online sourcing to drive growth over the next three years, highlighting a vast opportunity for digital procurement platforms

India must sustain 9.25% growth for 21 years to achieve 2047 goal: Lahiri

NITI Aayog Vice-Chairman Ashok Lahiri says India must sustain 9.25 per cent annual nominal growth for 21 years, backed by reforms, to achieve developed-country status by 2047

Cabinet approves ₹23,731 crore GOBARdhan scheme for compressed biogas

The Union Cabinet has approved the ₹23,731-crore GOBARdhan scheme to scale up compressed biogas production, strengthen the circular bioeconomy and boost clean energy adoption

Coal stocks can meet power sector demand for 62 days: Coal Ministry

India's coal stocks for the power sector can support around 62 days of consumption as production and dispatch rise amid strong supply growth

Industrial infrastructure gets fresh impetus with UPSIDA board approval

UPSIDA approves new industrial areas in Fatehpur and Ayodhya, backed by a ₹9,000 crore budget to boost manufacturing, investment, jobs, and industrial infrastructure

Cabinet approves ₹8,970-crore Guwahati-Tezpur highway project in Assam

The government said the project would double the average travel speeds and cut travel time by half, while improving road safety, fuel efficiency, and reducing vehicle operating costs.

Urban, rural consumer confidence dips as price concerns persist: RBI survey

Households became more cautious about the economy, jobs and inflation in July, though they remained optimistic about income growth and spending, RBI's latest surveys showed

Rajasthan sanctions ₹2,101 crore for non-patchable, missing-link roads

Rajasthan approves ₹2,101 crore for constructing 3,232 missing-link and non-patchable roads to improve connectivity across 187 Assembly constituencies

Govt moves to end ISI's 94-yr society status, defends Bill amid backlash

The Centre says the proposed law will strengthen governance and expand academic opportunities at the Indian Statistical Institute, while faculty members warn it could erode institutional autonomy

Foreign etailers told to set up separate export-only units in India

The DGFT has notified a framework requiring foreign-owned e-commerce firms to create separate legal entities for inventory-based exports of Indian-made goods under the revised FDI policy

Datanomics: State of Delhi-Dhaka economic ties after Sheikh Hasina

Bangladesh's economic engagement shifted towards China, the US and the Netherlands after Hasina's exit, while trade and investment ties with India weakened

India's services PMI falls to 4-year low in July amid weaker demand

Softer demand, fierce competition and postponed orders slowed services activity, though export orders, employment and profit margins showed some improvement during the month

States' deficits run deeper than their Budgets, show CAG reports

CAG audits reveal that several Indian states understated their fiscal gaps in 2024-25 due to accounting practices, off-budget borrowings, and unrecorded liabilities

'Our endeavour is to bring inflation in line with target over medium term'

RBI Governor Sanjay Malhotra said policy will remain guided by headline inflation and evolving growth dynamics, while reaffirming the central bank's data-dependent approach

Eight coal gasification projects to draw ₹65,365 crore investment

The Centre says eight approved coal gasification projects are expected to attract investments of ₹65,365 crore and gasify around 12 million tonnes of coal annually

India's KAL attack drone eyes Gulf, global markets amid export push

IG Defence's indigenous long-range attack drone KAL has drawn interest from Gulf nations and is being readied for exports, subject to government approvals and export clearances

NHAI suspends toll collection on newly-opened Kanpur-Lucknow Expressway

NHAI suspends toll collection on the Kanpur-Lucknow Expressway until repairs are completed, while initiating action against the concessionaire and officials over quality lapses