Economy

EPFO rolls out upgraded CITES platform, FY26 PF interest by July 15

EPFO has launched the upgraded CITES 2.01 platform, enabling faster claim processing and service delivery, with FY26 provident fund interest set to be credited by July 15

Rupee hits one-month low as oil soars after Trump says Iran deal is 'over'

The rupee fell to a one-month low against the dollar as oil prices surged after Donald Trump said the Iran accord was "over", raising supply disruption fears

Phase 1 of Dharavi redevelopment to be completed in 18 months: Fadnavis

He also said the state has identified 19 cluster redevelopment projects across Mumbai as part of its strategy for planned urban renewal and housing

France pitches processing partnership for India's rare earth ambitions

French official says India should invest in rare earth processing and refining before domestic mines start production, while expanding technology, financing and research partnerships

Alphabet-led project drives 44% jump in India's foreign investment: UN

Total FDI rose 44% to $39 billion last year, UN Trade and Development said in its annual World Investment Report released Tuesday

Centre plans to zero in on about 500 districts to boost MSME exports

The Centre plans a district-level export push covering 500 districts, with dedicated MSME support, quality labs, certification aid and logistics subsidies

A new index at the factory gate: Why India's PPI matters beyond inflation

After more than two decades in the making, India's Producer Price Index is beginning to reshape industrial output, GDP measurement and the country's broader statistical framework

E-way bill generation rises 14.5% in June to fourth-highest monthly level

E-way bill generation under the GST regime rose 14.5 per cent year-on-year to 136.77 million in June, signalling resilient goods movement, domestic trade activity and tax compliance

Over 140K guarantees worth ₹1.55 trillion issued under ECLGS 5.0: Govt

The finance ministry said over 140,000 guarantees worth more than Rs 1.55 trillion have been issued under ECLGS 5.0, with MSMEs accounting for the overwhelming majority of beneficiaries

India rose to 11th among top FDI destinations in 2025: UN report

UNCTAD says FDI inflows rose to $38.89 billion in 2025 as India strengthened its appeal for advanced manufacturing, although announced greenfield investments moderated amid global uncertainty

Why India's pension sector reforms need stronger demand from workers

While pension reforms and new retirement products are expanding choices, experts say changing younger workers' perception of retirement savings is crucial to boosting participation

Govt clears ₹1,238 cr PM-SETU investment plans, expands to 200 ITI clusters

The Centre has approved Strategic Investment Plans worth Rs 1,237.58 crore under PM-SETU and expanded the skilling programme beyond its pilot phase to all 200 identified ITI clusters

Indian state refiners ready for Iranian oil if US extends waivers

The companies, however, have little room to buy Iranian oil immediately, having fully contracted shipments required through August after they sought to secure supplies in advance during the war

FTAs to help boost leather, footwear exports reach $14 billion by 2030: CLE

Council for Leather Exports (CLE) Chairman Ramesh Kumar Juneja said that they are eagerly waiting for a trade pact with the US, as it is India's largest export destination

MRPL first state refiner to charter Iraqi crude cargo since Hormuz blockade

MRPL has booked the Aframax tanker Jasmin Joy to load crude from Iraq's ‌Basrah oil terminal on July 19-20

Chatroom: Rodtep scrolls can stop until annual return is finally filed

Experts answer key trade queries on export quotations, Rodtep compliance, sea cargo liability and customs valuation for related-party imports

Odisha panel proposes project management overhaul as infra delays persist

The three-member panel, headed by former Odisha chief secretary Jugal Kishore Mohapatra, was constituted by the state government last year to suggest administrative and governance reforms

Govt's collateral-free export credit scheme finds limited takers

Only 140 exporters have registered for collateral-free export credit under EPM since January, highlighting weak uptake of the MSME-focused guarantee scheme

Danish shipping giant Maersk charts course for India-built vessels

Discussions on with shipyards for smaller container ships; larger vessels to come into picture as capacity grows

16th FC breaks with precedent, leaves out statewise GSDP projections

Unlike its three predecessors, the Sixteenth Finance Commission has not published state-wise GSDP projections for 2026-31, citing the absence of revenue deficit grants