Economy

Ten of 19 services sub-sectors post double-digit growth in July: NSO

Ten of 19 services sub-sectors posted double-digit growth in July, led by administrative and support services at 20.9 per cent, while two segments contracted

Rail freight growth gathers pace as DFCs, tariff reforms widen cargo base

With the 2,843-km dedicated freight corridor network now fully operational, Indian Railways is seeing stronger loading growth across coal, iron ore and other commodities as policy changes seek to shif

Fertiliser inventories hit two-year high at start of 2026-27 rabi season

Fertiliser stocks are estimated at 17.01 million tonnes, up 38 per cent from last year, with urea inventories rising 54.26 per cent ahead of the rabi season

UP International Trade Show draws 4,400 MoUs, worth Rs 6,500 crore

Potential business estimated at ₹15,500 crore

PM Internship Scheme: only 20% of offers convert to joins in three rounds

Three rounds saw 400,822 internship opportunities posted, but only 20% of candidates receiving offers joined, with relocation and wage mismatch cited as factors

India's ageing transition will be faster than in US, Indonesia: Moody's

India is projected to move from an aged to a super-aged society in 16 years, as emerging economies face rising pension and healthcare costs at lower income levels

Protein boom pushes whey prices higher as India relies on imports

India produces nearly a quarter of the world's milk but makes relatively little cheese - of which whey protein is a by-product - leaving demand dependent on imports even as global supplies tighten

CAG flags weak GST recovery, ₹2,500 crore demand gap in Odisha tax net

Audit finds only around ₹110 crore recovered against over ₹2,500 crore in GST demands, while flagging excess input tax credit and gaps in e-way bill monitoring

Why global diesel prices are rising and Indian retailers are limiting sales

A global diesel supply squeeze has pushed up prices as Gulf and Russian supplies face disruptions; in India, industrial buyers are turning to petrol pumps, putting pressure on retail outlets

Russia remains India's top crude supplier in September amid supply squeeze

Russia supplied 1.74 million barrels per day of crude to India in September through September 27, as constrained West Asian supplies limited alternatives for refiners

Industrial output growth quickens to 8% in August on manufacturing, power

Manufacturing growth rose to 9 per cent, its second-highest level in 29 months, while electricity and gas supply expanded 12.3 per cent during August

FM Sitharaman to launch ₹1 trn Rayalaseema horticulture hub this Friday

The three-year plan envisages ₹40,352 crore in public investment and about ₹60,000 crore from the private sector across 201 clusters in 10 districts.

CBDT extends I-T return filing deadline for audit cases to November 21

The tax department has also extended the deadline for furnishing tax audit reports to October 21 from September 30, giving taxpayers more time for compliance

RBI completes ₹1 trillion net debt sale for first time in a decade

New Delhi recently reduced the supply ​of debt maturing in three and five years for the rest of the fiscal year, signalling more open-market ​operations (OMO) from the RBI, market participants said.

Uttar Pradesh EV Subsidy Portal: Eligibility, benefits, application process and implementation

The EV Subsidy Portal is an online system developed by the Uttar Pradesh Transport Department to receive, verify, process and track claims for electric-vehicle purchase incentives

Uttar Pradesh's ethanol supply chain attracts investments in distilleries

Uttar Pradesh is attracting over ₹1,000 crore in private investment from distillers, while rising ethanol output and excise exports are strengthening the state's sugarcane value chain

Coal stocks at power plants plunge as hydro, solar output weakens

The government has mandated companies with captive coal generation capacity of more than 50 megawatts to run the plants at full throttle and sell surplus electricity through exchanges

India less worried about AI job losses than richer nations, data shows

Pew Research Center found that expectations of AI-driven job losses and a widening wealth gap were generally higher in countries with higher GDP per capita

Weekly policy watch: Goyal-Greer meet, IIP, PMI and forex data in focus

India's policy calendar this week will track industrial output, manufacturing activity and fresh forex reserves data

Piyush Goyal likely to meet USTR Jamieson Greer amid tariff threat

The meeting comes amid US tariff threats and a Section 301 probe, while New Delhi and Washington remain engaged in negotiations to finalise their bilateral trade deal