Economy

Centre eases rules for exporters to receive overseas payments in rupees

DGFT amendment puts eligible rupee export receipts on a par with foreign-currency earnings for FTP benefits and export obligations, removing a key regulatory uncertainty

Green signal for blue water fishing: The permit could be a game changer

Under the new guidelines, introduced in December last year, an Indian vessel can fish in the high seas only if it has a Letter of Authorisation

Delhi Master Plan 2047 eyes private investment for 4 mn affordable homes

Plan promotes small-format housing and redevelopment of slums and unauthorised colonies, while pushing high-density growth, transit-oriented development and new transport networks

Core industries growth slows to 5.4% in July as iron ore, power ease

Six of the nine core sectors recorded growth in July, while natural gas, crude oil and fertilisers contracted; refinery products returned to growth after three months

Hawkish MPC minutes, crude oil price surge send bond yields higher

Benchmark 10-year government bond yield rises 5 basis points to 6.87 per cent as markets increasingly price in the possibility of a rate hike at the next policy review

State levies added ₹7,000 crore to Coal India's bill in FY26: CMD B Sairam

Coal India paid over Rs 32,000 crore in state statutory levies in FY26, with Sairam calling for a stable and predictable taxation framework

India, Mexico finalise ToR for preferential trade agreement, signing soon

Proposed pact will cover a limited set of areas, including trade in goods, market access and rules of origin, as India seeks to expand its footprint in Latin America

Strong demand at RBI liquidity mop-up auctions; another ₹1.5 trn on Friday

RBI receives cumulative bids of Rs 1.91 trillion against the notified Rs 1.5 trillion as banks seek higher returns amid surplus liquidity and softer overnight rates

Competition in HAM projects starts easing as MoRTH tightens norms: Ind-Ra

Average bidder participation fell from 13 to 10 during FY26 as larger package sizes and higher net worth requirements favoured developers with stronger financial profiles

Delhi Master Plan 2047 targets 4 mn flats, mixed-use transit-led growth

MPD-2047 plans for a population of 32 million and shifts Delhi towards denser mixed-use growth around mass transit, land pooling and infrastructure-led urban expansion

Datanomics: Gen Z embraces credit, struggles to keep pace with repayment

Gen Z's access to credit is rising rapidly, but the group also records the highest delinquency rate, raising concerns over repayment capacity.

India turns to Venezuela amid West Asia crude oil supply disruptions

Indian crude imports from Venezuela have risen sharply in August, making the South American producer the country's fourth-largest supplier, according to ship-tracking data from Kpler

'Industry must utilise FTAs, focus on value addition, and diversify mkts'

India's trade agreements are a gateway to wider markets, but industry must actively use them, a Commerce Ministry official said, urging firms to leverage FTAs, add value and diversify export markets

RBI's hawkish minutes rattle bond market investors, put rate hikes in play

Deputy Governor Poonam Gupta flagged a possible rate hike later this year as policymakers grew more wary of inflation risks despite retaining a neutral stance

Industry seeks input tax credit relief for data centres, GCCs, other biz

Industry seeks wider GST input tax credit on construction and employee-related expenses, arguing that the current restrictions raise business costs and hurt competitiveness

Govt cuts bulk sugar stockholding limit to 15 days amid price surge

The government has cut sugar stock limits for bulk consumers to 15 days from September 1, as prices hit record highs ahead of the upcoming festive season

After a gap of almost 10 years, India may have to resort to sugar imports

India may import 1 mt of raw sugar at nil duty after a decade as low stocks and higher consumption push domestic prices to a record high ahead of the festival season

Cabinet clears ₹13,041 crore rail, highway projects across five states

Four railway projects will add about 410 km to the network, while the 82-km NH-22 project in Bihar will improve connectivity to the India-Nepal border

Highway developers seek rethink on revised private-funded model

Highway developers flag concerns over arbitration, traffic-risk allocation and termination provisions, warning that unresolved issues could deter private participation

Give women farmers a fair field, reap ₹2 trillion more, says report

Study finds that unequal access to land, finance and technology is leaving India's farm potential untapped