Economy

OMCs may be losing ₹5/litre on petrol, ₹23 on diesel as Brent crosses $100

OMCs are losing ₹5 a litre on petrol and ₹23 on diesel as Brent crude crosses $100 a barrel, while escalating US-Iran tensions add to India's energy supply risks

US, EU strongly criticise India's tariffs, non-tariff trade barriers

Raise concerns over high tariffs, QCOs, digital trade curbs

Cabinet approves ₹20,000 cr rail multitracking projects in 9 states

Projects across nine states will add about 1,196 km to the railway network, improve freight capacity and connectivity, and are targeted for completion by 2029-30

UPI data can help bring informal sector into formal credit: NITI's Lahiri

NITI Aayog's Ashok Lahiri said transaction data generated through UPI could improve credit appraisal and risk pricing, helping bring MSMEs into the formal lending system

India's goods exports rise over 15% in April-August: Piyush Goyal

Merchandise exports rose more than 15 per cent in April-August, indicating they crossed $200 billion, as India targets $1 trillion in total exports this financial year

India's carbon credit scheme gets UK nod: What it means for exporters

The UK has recognised India's carbon credit scheme under its CBAM rules, which could reduce the carbon tax burden on Indian exporters of steel and cement

Over 11% PPI factory input inflation could have aided fall in deflators

The break-up of these calculations is complicated since many manufactured products are inputs for other manufactured products

India-Brics trade is essentially an import story as deficit widens

Brics partners accounted for nearly 42% of India's merchandise imports in FY26

TDB selects 13 cos under RDI fund's second cohort: Rajesh Kumar Pathak

TDB Secretary Rajesh Kumar Pathak talks about use of the fund, emerging areas of focus, safeguards against foreign takeovers, and measures to address conflicts of interest in the investment committee

India tests new hydro technology as CERC approves first project's tariff

The regulator approved a Rs 3.39 per unit tariff for BBMB's 1 MW pilot project despite the absence of specific central guidelines, with one member dissenting over CERC's jurisdiction

India-Sacu pact could reshape New Delhi's emerging-market trade strategy

The proposed preferential trade agreement could open new export markets, diversify critical mineral supplies and test whether calibrated deals with developing economies can complement India's recent d

Food inflation threatens festive cheer as kharif, El Nino risks mount

Food inflation could remain elevated through the festive season as uneven monsoon rains, kharif crop uncertainties, El Nino risks and higher global food prices put pressure on household budgets

Notebook makers seek minimum import price, anti-dumping probe on imports

Industry body seeks minimum import price on finished notebooks, anti-dumping probe into Indonesian imports and GST rule changes to ease working capital constraints

Textile sector to become UP's new industrial strength: CM Adityanath

Inaugurating the UP Textile Conclave in Lucknow on Tuesday, Uttar Pradesh Chief Minister Yogi Adityanath said the textile industry would become the state's new industrial strength

Fruits of reforms are often reaped by later governments: Shankar Acharya

Shankar Acharya says that structural constraints need to be addressed for India to become an advanced economy by 2047

Adani, NTPC among 5 applicants for ₹37,500-cr coal gasification scheme

The Centre's scheme received seven applications from Adani Enterprises, NTPC, Talcher Fertilisers, Gallantt Ispat and Shyam Sel & Power for projects in urea, syngas and synthetic gas

Cost of home-cooked meals moderately higher in August: Crisil report

The cost of a vegetarian meal increased 1 per cent year-on-year and month-on-month to ₹29.5 per thali, the monthly report by the research arm of domestic rating agency Crisil said

India's fuel demand fell 2.8% in August despite higher petrol, diesel sales

Consumption of fuel, a proxy for oil demand, totalled 18.61 million metric tons, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed

Bank of Baroda raises FY27 growth forecast, flags monsoon and oil risks

Bank of Baroda raised its FY27 growth forecast to 7-7.2 per cent after robust Q1 growth, but flagged upside risks to inflation and the fiscal deficit from monsoon and oil

Interest limited, govt to review ₹25,000-crore export promotion schemes

Aims to spend ₹3,710 cr in FY27, up from ₹2,250 cr in FY26