Economy

India's jobless rate hits 8-year low, but women lose ground in cities

India's unemployment rate fell to 3.1 per cent in 2025, but state-level data show urban female joblessness worsened in several states despite an overall improvement in employment

Govt's fiscal deficit up 12-fold in April-May as revenue collections weaken

Within tax revenue, the government's excise duty collections fell nearly 20 per cent to Rs 2.12 trillion in April-May

India's inflation likely to remain contained in coming months: FinMin

The finance ministry said easing commodity markets and lower crude oil prices are expected to support the inflation outlook in the months ahead

Customs duty exemption on key petrochemical imports extended till July 15

The extension, prompted by supply-chain disruptions arising from the West Asia conflict, will continue to provide relief to industries dependent on critical petrochemical imports

Japan PM's India visit: Northeast high on agenda during Modi-Takaichi talks

Prime Ministers Narendra Modi and Sanae Takaichi are expected to discuss investments, supply chains, semiconductors, energy security and Northeast India during delegation-level talks

Govt extends customs duty waiver on key petrochemical imports till July 15

The customs duty exemption on around 40 critical petrochemical products was introduced on April 2 as a temporary and targeted relief measure and was scheduled to end on June 30

India's April-May fiscal deficit at 9.6% of 2026-27 target: Govt data

India has set the fiscal deficit target for 2026-27 at 4.3% of GDP, or ₹16.96 trillion

Remain alert to external, domestic risks: RBI governor Sanjay Malhotra

Preserving financial stability more important than ever, says RBI governor Sanjay Malhotra

Pension funds can help build developed India, says CEA Nageswaran

Nageswaran highlighted that pension funds globally have faced funding challenges, particularly in the past when low interest rates pushed investors towards riskier assets

CBAM explained: Why Europe's carbon tax matters for India's exporters

As carbon border taxes gain traction globally, India's MSME exporters face higher compliance costs and competitiveness risks in key markets such as the European Union

China's factory activity returns to expansion on AI-driven demand surge

The official manufacturing PMI rose to 50.3 in June, exceeding market expectations and signalling renewed growth in the sector

US-India trade deal nearing completion after 18 months of talks: Sergio Gor

US envoy to India was bullish about the bilateral relationship and cited the personal equation between US President Donald Trump and Prime Minister Narendra Modi which was driving the ties

40-day oil buffer plan enters action phase with five new SPR projects

The West Asia crisis has intensified concerns over India's ability to withstand global oil supply disruptions

Datanomics: GST turns 9, collections see slower growth in recent years

GST enters its 10th year with slab reforms underway, but key sectors remain outside the tax net as revenue growth and tax-GDP gains trail expectations

Mospi pushes harmonised data ecosystem to power citizen-centric governance

Statistics Secretary Saurabh Garg says harmonising administrative data across departments will improve interoperability, AI-driven analytics and evidence-based policymaking

India's industrial output growth hits five-month high of 5.1% in May

Industrial output growth rose to 5.1 per cent in May as electricity generation strengthened and the government adopted Output-PPI for the new IIP series

Long road to 50 as govt moves fiscal anchor from deficit to debt-GDP ratio

A lower GDP base, subsidy pressures, geopolitical shocks and future spending commitments could make the Centre's goal of reducing debt to 50 per cent of GDP by FY31 significantly more challenging

Govt to add ₹30,000 crore to NIIF to catalyse foreign investments

The Centre's total commitment to the sovereign-anchored fund will rise to Rs 60,000 crore, supporting a new infrastructure fund and attracting global investors

Govt to lift curbs on petrol, diesel sales to commercial buyers from July 1

On June 12, the government had prohibited industrial and commercial consumers from purchasing petrol and diesel from retail outlets, directing them to source fuel from designated consumer pumps

India, Saudi Arabia sign pact to deepen water management cooperation

The agreement, signed during Saudi Water Week in Jeddah, aims to promote collaboration on sustainable water management, irrigation systems and capacity building