Economy

Rupee slips past 94 per dollar, bond yields harden ahead of auction

The rupee closed 0.37 per cent lower at 94.04 against the dollar as rising US Treasury yields weighed on the currency, while government bond yields hardened ahead of the weekly auction

Green hydrogen push faces reality check as projects struggle to take off

Nearly four years after launch, India's green hydrogen mission faces high costs, slow execution, and uncertain demand. Experts say bankable contracts and purchase mandates hold the key to success

PLI schemes meet just 28% of employment target by FY26: NITI Aayog report

NITI Aayog's assessment finds that PLI schemes achieved 76 per cent of their investment target but only 28 per cent of the jobs goal, calling for refinements in scheme design

Nearly 70% of PLI scheme segments on track, says NITI Aayog report

The PLI scheme is a major policy initiative of the government aimed at strengthening domestic manufacturing, attracting investment

India Inc's ECB, FCCB fundraising intent falls to $7.05 bn in September

Of the total, $6.71 billion worth of proposals were under the general permission route, while $336.94 million was under the special permission route

Banks raise deposit rates after RBI's Oct repo hike; lending rates inch up

Major lenders have increased fixed deposit rates on select tenures following the RBI's 25-basis-point repo rate hike in October, while lending rates have also begun to rise

FISME seeks sectoral export studies, testing overhaul to boost MSME trade

Industry body urges market-specific studies across 10 priority sectors and upgrades to testing facilities to help smaller exporters overcome compliance barriers and benefit from FTAs

Uttar Pradesh logs investment worth ₹52,800 crore in realty projects

Uttar Pradesh recorded ₹52,866 crore of investment across 249 RERA-registered real estate projects in the first nine months of 2026, covering more than 73,400 housing and commercial units.

Retail inflation breaches RBI's 6% upper limit at 2-yr high of 6.09% in Oct

A sharp rise in food prices and broad-based increases across CPI divisions pushed retail inflation to 6.09 per cent in October, raising expectations of another RBI rate hike

Retail inflation at 6.09% in October, breaches RBI's upper band after 2 yrs

Food inflation climbed to 8.94 per cent in October from 7.74 per cent in September, adding to pressure on India's retail inflation

India's festive online sales rise 17%, but shoppers spend less per order

Datum Intelligence says festive online sales reached ₹1.41 lakh crore, missing its forecast, as average card payments fell 13 per cent and mobile phone sales weakened

India's Gulf oil imports surpass Russia for first time since Iran war

Crude shipments reaching India through the crucial West Asia chokepoint have climbed to 2.1 million barrels a day so far this month, surpassing Russian imports of 1.8 million barrels a day

India should join AI play, not ride anti-AI wave: Citi's Raghavan

India must embrace AI to remain competitive, while leveraging overseas acquisition opportunities and strengthening its investment proposition to attract global capital, says Citi's Viswas Raghavan

Datanomics: Mining & quarrying output fell despite rare-earth boost

Mining and quarrying output remained weak in H1 FY27, with fuel and non-metallic minerals driving the decline

Rupee outperforms most Asian peers as foreign inflows boost sentiment

Rupee strengthens to a seven-month high, supported by foreign portfolio inflows and positive market sentiment despite a stronger US dollar

Odisha scraps pension quota system, adds over 500,000 beneficiaries

The state government has abolished the quota-based pension system, expanding coverage under the Madhu Babu Pension Yojana to 4.18 million beneficiaries with an additional ₹625 crore annually.

Net direct tax collections rise 11.8% to ₹14.42 trillion as of November 10

Gross direct tax receipts rise 14% to ₹17.50 trillion, while refunds jump 25.9%; net collections reach 53.5% of FY27 Budget target, with corporate taxes leading growth

Odisha signs pact with Japan's Tottori to boost investment, technology ties

Agreement seeks to strengthen investment, startup and technology partnerships, skill development and overseas employment as an 80-member Japanese delegation visits Odisha

Cabinet clears ₹2,390 crore Noida Metro Aqua Line expansion over 8.5 km

The 8.5-km extension from Noida Sector 51 to Greater Noida Sector 4 will add five stations and connect commercial hubs, offices, hospitals and residential areas over four years

Govt extends Stand-Up India scheme till 2031, approves ₹4,111 cr corpus

Union Cabinet approves five-year extension of Stand-Up India scheme with ₹4,111 crore credit guarantee corpus, targeting financial assistance to 250,000 additional entrepreneurs