Economy

India's March factory output at series peak despite West Asia war

India's industrial output closed the 2011-12 series with modest growth of 4.1% in FY26, as the NSO gears up to release a revamped IIP series with a 2022-23 base year

RBI's expected credit loss guidelines may hit PSBs, mid-tier banks harder

Large private lenders seen to be better cushioned as higher provisioning raises capital costs

Datanomics: India-New Zealand FTA to boost trade, mobility, investment

India and New Zealand have signed a free trade agreement to boost trade, investment, and mobility. Though current trade between the two remains limited, the pact is expected to support India's exports

Time to build crude oil reserves as West Asia supply shock hits stocks

Experts said the crisis in West Asia is likely to prompt producers like Saudi Arabia, the UAE and Qatar to participate in building oil reserves in major consuming nations like India

Govt signs first commercial coal mine deals under UCG framework

Coal Ministry awards four blocks with underground gasification provisions, aiming to expand resource utilisation, boost energy security and reduce fertiliser import dependence

CBIC allows duty drawback on re-export of SEZ goods cleared to DTA

Tax body clarifies that SEZ goods cleared to DTA and re-exported will qualify as imports for duty drawback, aiming to ensure uniformity and reduce disputes

No plan to raise petrol, diesel prices after polls, govt assures supply

Centre says petrol, diesel supplies remain adequate and outlines measures to manage natural gas allocation amid West Asia crisis disruptions

Transmission bottlenecks threaten India's ambitious renewable energy goals

India's rapid renewable energy expansion is exposing grid and transmission constraints, with experts warning that system resilience and infrastructure upgrades are critical to sustain growth

The return of Section 301: How Washington's next trade lever may test India

The US government has revived Section 301 investigations into India over excess capacity and forced labour concerns, raising risks of tariffs and tighter compliance for key export sectors

Rare Earth Corridor gains momentum as Andhra targets ₹50,000 cr investment

State plans integrated rare earth ecosystem with mining, processing and manufacturing as India seeks to reduce dependence on China for strategic minerals

FTAs boost global demand for Indian talent, expand mobility options

Mobility provisions in India's trade deals are opening new visa pathways for skilled workers, as countries across Europe, Asia and Oceania seek Indian talent to address labour shortages

No plan to raise petrol, diesel prices after polls: Govt official

Retail petrol and diesel prices have remained unchanged for a record fourth year, even as conflict in West Asia has pushed crude oil costs up more than 50 per cent over the past two months

Hiring sentiment improves in H1FY27 but growth remains selective: TeamLease

TeamLease report sees modest rise in hiring outlook for April-September FY27, with firms focusing on productivity-led roles amid rising cost pressures and selective expansion

Trade split on cotton duty cut; risks flagged for farmers, CCI

As industry seeks lower cotton import duty amid rising prices, sections of trade warn it could hurt farmers, trigger distress selling, and lead to losses for the Cotton Corporation of India

India's industrial output growth slows to 5-month low of 4.1% in March

India's industrial production growth decelerated to a five-month low of 4.1 per cent in March on account of subdued manufacturing growth and almost flat expansion in the power sector amid the West Asia crisis, according to official data released on Tuesday.

Govt clarifies SEZ goods re-exported from DTA eligible for duty drawback

The instruction clarifies that goods supplied by an SEZ unit to the Domestic Tariff Area (DTA) after payment of customs duties will be treated as imported goods if later re-exported

PPP lens shows India as world's third-largest economy in real terms

PPP-based estimates show India as the world's third-largest economy, highlighting how currency distortions mask real purchasing power, domestic demand strength, and global economic influence

China supplies over 30% of industrial goods; overdependence critical: GTRI

China accounts for 43 per cent of India's electronics imports, 40 per cent of machinery and computer imports, and 44 per cent of organic chemicals

Insurance for All by 2047: What India needs to fix to meet the goal

Irdai's 'Insurance for All by 2047' vision aims universal coverage, but falling penetration, rural access gaps and affordability challenges raise questions over achieving the target

Heatwaves, weak monsoon and oil surge may push India's inflation higher

This year's adverse weather conditions will likely push inflation above 5 per cent in the fiscal year beginning April 1, exceeding the RBI's projection of 4.6 per cent