Economy

Plug and Play Industrial Shed Policy (DBFOT Model) 2026: Key features, eligibility, implementation

All you need to know about the Plug and Play Industrial Shed Policy (DBFOT Model), 2026

UP govt presents ₹59,019 cr supplementary Budget amid protest in Assembly

Finance Minister Suresh Kumar Khanna said the supplementary Budget comprised revenue expenditure of ₹17,399.50 crore and capital expenditure of ₹41,620.04 crore

Corporate Laws Amendment Bill, 2026: What changes for India Inc, investors

From easier mergers and higher thresholds for small companies to stronger audit oversight and digital governance, here's what the proposed corporate law changes mean

India's July edible oil imports hit 10-month peak on higher palm oil buying

Palm oil imports jumped 50% from a month ago to 733,000 metric tons in July, the highest in five months, dealers' average estimates showed

India's fuel exports to fire on all cylinders on capacity addition

India's highest annual addition of refining capacity in decades comes even as the world faces a severe shortage of oil products

Income tax department's NUDGE drive resulted in 12.5 mn updated ITRs

The Income Tax Department's NUDGE campaign led to 1.25 crore revised or updated ITRs and ₹9,494 crore in additional tax collections over two years

SME chatroom: Clearing doubts on deferred Customs duty and PVC import curbs

Key compliance clarifications on using RoDTEP scrips for deferred customs duty and MIP rules for PVC imports under the Advance Authorisation scheme.

Tax Bill to widen steps to attract foreign investment, ease rules

The government plans to widen tax incentives for offshore funds, electronics, data centres and diamond trading to attract long-term foreign investment and boost ease of doing business

Softer crude oil prices lift govt bonds; rupee surrenders early gains

Softer crude prices, expectations of lower state borrowing and FCNR(B) inflows supported bonds, while importer dollar demand erased the rupee's intraday gains.

Datanomics: Onion price rise may be food platter's TOP disruptor in July

After months of elevated tomato prices, onion inflation is set to emerge as the biggest driver of food inflation in July, while potato and tomato prices ease

Manufacturing PMI falls to near five-year low in July as sales, hiring slow

HSBC's India Manufacturing PMI fell to 53.5 in July, its lowest level since August 2021, as sales, input purchases and job creation slowed despite resilient export demand

Govt raises windfall tax on petrol, diesel, ATF exports from August

Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased, while domestic excise duty rates remain unchanged.

Coal output from captive, commercial mines rises 9.6% to 14.8 mt in July

Coal output from captive and commercial mines rose to 14.78 million tonnes in July, with the government citing higher productivity and improved capacity utilisation.

Rail freight rises 9% to 141 mt in July on higher coal, iron ore loading

Indian Railways reported strong freight growth in July, supported by higher movement of coal, iron ore, fertilisers and foodgrains, while passenger traffic also increased.

House panel seeks curbs on NFRA powers, softer audit rules in Bill

Panel recommends a risk-based approach to restrictions on non-audit services and cooling-off norms, while cautioning against expanding NFRA's powers at the cost of ICAI's autonomy

Rajasthan constitutes task forces to boost exports in key sectors

Aims to improve inter-departmental coordination and ensure regular monitoring of projects

CEA Nageswaran warns 'free' public services come at heavy cost for economy

The CEA pointed out that pricing vital utilities like water at zero leads society to treat them as limitless, invariably resulting in waste and destruction

SBI, HSBC and ICICI lead India's overseas deposit drive, data shows

The currency had declined to a record low in May but has steadied after the measures were announced in June

Uttar Pradesh logs 53% jump in real estate investment at ₹68,328 crore

This was higher than the capital investments of ₹28,411 crore and ₹44,526 crore in the housing and commercial real estate recorded during calendar years 2023 and 2024 respectively

Pending GST refund claims decline sharply over past two years: Govt

This is significantly lower than 907 claims involving a refund amount of ₹274 crore at the end of FY24; and 374 claims involving a refund amount of ₹246 crore as of FY25