Economy

Uttar Pradesh govt logs ₹35,000 cr excise revenue, 55% of annual target

The annual target of the state excise department is ₹63,000 cr in revenue; in the first eight months, the state has logged nearly 55% of this target at ₹35,144 cr

Unemployment rate falls to 4.7% in November, lowest since April: Govt

Among females aged 15 years and above, the unemployment rate dropped to 4.8 per cent in November from 5.4 per cent in October

Petrol, diesel prices: Andhra Pradesh costliest, Andaman & Nicobar cheapest

NDA-ruled Andhra Pradesh charges the highest VAT of ₹29.06 per litre on petrol, while the same in Andaman & Nicobar Islands is just ₹0.82 per litre

India's November palm oil imports rise as lower prices spur buying

Imports of soyoil dropped more than 18% to 370,661 tons and sunflower oil imports fell 45% to a two-year low of 142,953 tons, the industry body said

India proposes trade agreement with Mexico to mitigate high tariffs

While in an FTA two trading partners either significantly reduce or eliminate import duties on max number of goods traded between them, in a PTA, duties are cut or removed on some products

India rejects US dumping claim, says basmati rice exports are premium-grade

India, the world's largest rice exporter, shipped 20.2 million metric tons of rice in the 2024/25 financial year ending in March, including 335,554 tons to the United States

Apple iPhone 16 Pro price drops by up to ₹40,000; know how to grab the deal

Flipkart's 'End of Season Sale' brings a major price cut on the iPhone 16 Pro under ₹70,000, making it one of the best iPhone deals this season. Know how the deal works smoothly online

Explained: Why govt wants to replace MGNREGA with VB-G RAM G after 20 years

The draft VB-G RAM G Bill, 2025 seeks to replace MNREGA to offer 125 days of rural work, focus on durable assets, improve transparency, and align employment schemes with rural economy and needs

Centre proposes renaming MGNREGA to VB-G RaM G, to change funding pattern

The Centre has proposed renaming MGNREGA as VB-G RaM G, raising guaranteed workdays to 125 and shifting the funding pattern to 60:40, drawing criticism over diluted worker protections

Exports jump to 10-yr high of $38.13 bn in November, imports down 1.88%

Exports during April-November were up 2.62 per cent to $292.07 billion, while imports during the eight months rose by 5.59 per cent to $515.21 billion

The year of tariffs: How Trump's policies affected India's exports in 2025

Despite multiple deadline extensions, India failed to reach a trade deal with the US in 2025, leaving exporters grappling with steep tariffs that reshaped competitiveness across key sectors

India's wholesale inflation rises to -0.32% in Nov against -1.21% in Oct

November 2025 WPI-based inflation: The negative rate of inflation in November is primarily due to a decrease in prices of food articles, mineral oils, crude petroleum and natural gas

India among most optimistic consumer markets despite uncertainties: BCG

The BCG report covered developed countries France, Germany, UK, US, Japan and developing nations Mexico, Brazil, India and China

India, France revamp treaty; Paris dividend halved, Delhi gets tax rights

A key change is that French companies which hold a stake of more than 10 per cent in any Indian entity will have to pay a 5 per cent tax on the dividends they receive, instead of 10 per cent earlier

India a significant trade partner for Ethiopia and Jordan, shows data

India-Ethiopia trade at $550M, India-Jordan at $2.67B; pharma and engineering exports key focus areas

300 products hold huge potential for Indian exporters in Russia: Official

At present, India's exports of these goods to Russia stood at $1.7 billion, as against Russia's $37.4 billion in imports

Parl Panel urges diversification of crude sources to cut geopolitical risks

In its report tabled in Parliament last week, the Public Undertaking Committee noted that India imports nearly 89 per cent of its crude oil requirements

I-T dept flags ₹5,500 cr in suspicious political donation-linked tax claims

Investigations found that intermediaries were advertising "guaranteed refunds" in cinema halls and on social media platforms, luring taxpayers into making non-genuine claims in return for a commission

I-T department sends SMS, emails warning of bogus political donation claims

A large number of taxpayers have already revised their Income Tax Returns for the current AY that is 2025-26, and have filed updated ITRs for past years, it added

Gujarat leads in FY25 loan growth, Karnataka in deposits, shows data

RBI data shows state-wise credit trends; Maharashtra leads in outstanding credit and deposits, while Gujarat records highest growth