Economy

India currently faces 9 WTO disputes over sugar subsidies, ICT tariffs, PLI

Commerce MoS Jitin Prasada said India is defending nine WTO disputes involving sugar subsidies, ICT tariffs and PLI schemes, with appeals pending in several cases.

Govt to continue fiscal measures to mitigate future fuel price volatility

Finance MoS Pankaj Chaudhary said the Centre will balance fiscal support with sustainability while strengthening energy security and adhering to the fiscal consolidation path

HFIs show sustained economic activity, domestic demand in Q1: Chaudhary

Finance MoS Pankaj Chaudhary said improving industrial output, moderate inflation and resilient domestic demand support growth despite global uncertainty and monsoon risks.

Uttar Pradesh Aerospace and Defence Unit and Employment Promotion Policy, 2024

The policy seeks to attract aerospace and defence investment to Uttar Pradesh through land, capital, logistics and infrastructure support

Plug and Play Industrial Shed Policy (DBFOT Model) 2026: Key features, eligibility, implementation

All you need to know about the Plug and Play Industrial Shed Policy (DBFOT Model), 2026

UP govt presents ₹59,019 cr supplementary Budget amid protest in Assembly

Finance Minister Suresh Kumar Khanna said the supplementary Budget comprised revenue expenditure of ₹17,399.50 crore and capital expenditure of ₹41,620.04 crore

Corporate Laws Amendment Bill, 2026: What changes for India Inc, investors

From easier mergers and higher thresholds for small companies to stronger audit oversight and digital governance, here's what the proposed corporate law changes mean

India's July edible oil imports hit 10-month peak on higher palm oil buying

Palm oil imports jumped 50% from a month ago to 733,000 metric tons in July, the highest in five months, dealers' average estimates showed

India's fuel exports to fire on all cylinders on capacity addition

India's highest annual addition of refining capacity in decades comes even as the world faces a severe shortage of oil products

Income tax department's NUDGE drive resulted in 12.5 mn updated ITRs

The Income Tax Department's NUDGE campaign led to 1.25 crore revised or updated ITRs and ₹9,494 crore in additional tax collections over two years

SME chatroom: Clearing doubts on deferred Customs duty and PVC import curbs

Key compliance clarifications on using RoDTEP scrips for deferred customs duty and MIP rules for PVC imports under the Advance Authorisation scheme.

Tax Bill to widen steps to attract foreign investment, ease rules

The government plans to widen tax incentives for offshore funds, electronics, data centres and diamond trading to attract long-term foreign investment and boost ease of doing business

Softer crude oil prices lift govt bonds; rupee surrenders early gains

Softer crude prices, expectations of lower state borrowing and FCNR(B) inflows supported bonds, while importer dollar demand erased the rupee's intraday gains.

Datanomics: Onion price rise may be food platter's TOP disruptor in July

After months of elevated tomato prices, onion inflation is set to emerge as the biggest driver of food inflation in July, while potato and tomato prices ease

Manufacturing PMI falls to near five-year low in July as sales, hiring slow

HSBC's India Manufacturing PMI fell to 53.5 in July, its lowest level since August 2021, as sales, input purchases and job creation slowed despite resilient export demand

Govt raises windfall tax on petrol, diesel, ATF exports from August

Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased, while domestic excise duty rates remain unchanged.

Coal output from captive, commercial mines rises 9.6% to 14.8 mt in July

Coal output from captive and commercial mines rose to 14.78 million tonnes in July, with the government citing higher productivity and improved capacity utilisation.

Rail freight rises 9% to 141 mt in July on higher coal, iron ore loading

Indian Railways reported strong freight growth in July, supported by higher movement of coal, iron ore, fertilisers and foodgrains, while passenger traffic also increased.

House panel seeks curbs on NFRA powers, softer audit rules in Bill

Panel recommends a risk-based approach to restrictions on non-audit services and cooling-off norms, while cautioning against expanding NFRA's powers at the cost of ICAI's autonomy

Rajasthan constitutes task forces to boost exports in key sectors

Aims to improve inter-departmental coordination and ensure regular monitoring of projects