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Industry seeks 3-month extension for GST e-way bill changes from August 1

Trade bodies urge the finance ministry to defer GSTN's e-way bill changes, citing technology upgrades, testing needs and concerns over commercial confidentiality

Industry seeks 3-month extension for GST e-way bill changes from August 1
Updated On : 28 Jul 2026 | 5:02 PM IST

US, Japan urge India to address export restrictions in farm sector

The US and Japan urged India at the WTO to ease agricultural export restrictions, improve trade predictability and address non-tariff barriers during its Trade Policy Review

US, Japan urge India to address export restrictions in farm sector
Updated On : 28 Jul 2026 | 5:00 PM IST

Industrial output growth at 7.3% in June under the new series: Govt data

India's industrial output accelerated to 7.3% in June, driven by stronger manufacturing activity and robust growth in the electricity and gas supply sector

Industrial output growth at 7.3% in June under the new series: Govt data
Updated On : 28 Jul 2026 | 4:38 PM IST

No assessment on whether higher tobacco taxes hurt farmers' incomes: Govt

The government told Parliament it has no assessment on whether higher tobacco taxes hurt farmers' incomes, while citing higher exports, better prices for FCV growers and anti-tax evasion measures

No assessment on whether higher tobacco taxes hurt farmers' incomes: Govt
Updated On : 28 Jul 2026 | 4:37 PM IST

Govt plans to source up to a quarter of LPG imports from US in 2027

New Delhi faced its worst ‌LPG shortage earlier this year after the Iran war and closure of the Strait of Hormuz disrupted supplies

Govt plans to source up to a quarter of LPG imports from US in 2027
Updated On : 28 Jul 2026 | 2:43 PM IST

35 years of liberalisation: How the 1991 BoP crisis forced historic reforms

A balance of payments crisis, emergency gold pledges, and a reform-driven Budget in 1991 set India on the path towards economic liberalisation

35 years of liberalisation: How the 1991 BoP crisis forced historic reforms
Updated On : 28 Jul 2026 | 9:27 AM IST

US widens foreign exchange review, keeps India off currency watch list

US Treasury expands its assessment framework for exchange-rate policies while concluding that India did not manipulate the rupee to gain a trade advantage

US widens foreign exchange review, keeps India off currency watch list
Updated On : 28 Jul 2026 | 12:36 AM IST

Reserve Bank of India gets govt's nod to issue ₹10, ₹20 polymer banknotes

The central bank will issue 1 billion each of ₹10 and ₹20 polymer banknotes for field trials before taking a call on their regular issuance

Reserve Bank of India gets govt's nod to issue ₹10, ₹20 polymer banknotes
Updated On : 27 Jul 2026 | 11:59 PM IST

Farm R&D drove a third of India's increase in agri output in 2025: Icar

Icar estimates agricultural R&D contributed around Rs 55,000 crore, or a third, to the increase in India's farm output value between 2024 and 2025, its latest analysis shows

Farm R&D drove a third of India's increase in agri output in 2025: Icar
Updated On : 27 Jul 2026 | 11:24 PM IST

Number of individuals reporting ₹100 crore-plus income rises to 576

The government told the Lok Sabha that the number of taxpayers reporting gross total income of ₹100 crore or more has quadrupled since assessment year 2021-22

Number of individuals reporting ₹100 crore-plus income rises to 576
Updated On : 27 Jul 2026 | 10:27 PM IST

TN govt taps Montek Singh Ahluwalia to chart roadmap for boosting revenue

Six-member panel will recommend measures to improve tax and non-tax revenues, enhance compliance and fiscal self-reliance amid the state's rising debt burden

TN govt taps Montek Singh Ahluwalia to chart roadmap for boosting revenue
Updated On : 27 Jul 2026 | 9:29 PM IST

SC backs taxpayers, rules out GST on industrial lease rights transfer

The apex court dismissed the Centre's petitions against the Gujarat High Court ruling, holding that transfers of long-term GIDC industrial leasehold rights are not subject to GST

SC backs taxpayers, rules out GST on industrial lease rights transfer
Updated On : 27 Jul 2026 | 8:02 PM IST

From scarce dollars to global buffers: Can India avoid 1991-like crisis?

Thirty-five years after the 1991 crisis, India's external sector is far stronger. But have larger reserves, stronger exports, and reforms eliminated the risk of another balance-of-payments crisis?

From scarce dollars to global buffers: Can India avoid 1991-like crisis?
Updated On : 27 Jul 2026 | 5:14 PM IST

India's engineering exports rise 21% as shipments to China jump 74%

The growth in engineering exports provides a buffer for India's broader merchandise trade, which faces mounting pressure from higher freight, insurance and transit costs

India's engineering exports rise 21% as shipments to China jump 74%
Updated On : 27 Jul 2026 | 3:16 PM IST

MRPL asks crude suppliers to avoid Red Sea, Strait of Hormuz routes

Red Sea traffic ‌has been disrupted off the ​coast of Yemen ​since last week by the Tehran-aligned Houthis, who want to ​blockade Saudi exports

MRPL asks crude suppliers to avoid Red Sea, Strait of Hormuz routes
Updated On : 27 Jul 2026 | 2:34 PM IST

1991 Budget speech was Freedom Day for us; whole world was open: Mittal

Sunil Bharti Mittal says the 1991 reforms transformed India's business landscape, paving the way for Airtel, and calls for continued reforms to sustain growth

1991 Budget speech was Freedom Day for us; whole world was open: Mittal
Updated On : 27 Jul 2026 | 2:25 PM IST

From scarcity to scale: How the 1991 reforms transformed India's economy

Thirty-five years after the landmark reforms of 1991, the numbers show how India's economy, businesses and households have changed - and why the next phase of reforms will matter just as much

From scarcity to scale: How the 1991 reforms transformed India's economy
Updated On : 27 Jul 2026 | 11:55 AM IST

Weekly policy watch: Industrial output, RBI bond buyback in spotlight

India's policy calendar this week will track industrial growth, debt management and forex reserves

Weekly policy watch: Industrial output, RBI bond buyback in spotlight
Updated On : 27 Jul 2026 | 10:59 AM IST

Indian banks have raised $32 billion under dollar-inflow schemes: RBI Guv

Most of the $32 billion raised so far has come from the foreign currency non-resident deposit scheme, Malhotra said

Indian banks have raised $32 billion under dollar-inflow schemes: RBI Guv
Updated On : 27 Jul 2026 | 8:38 AM IST

35 years of liberalisation: Which sectors emerged as biggest winners?

India's economic reforms changed the course of industries from IT and pharma to retail and aviation. Here's a look at the biggest winners and the challenges that continue today

35 years of liberalisation: Which sectors emerged as biggest winners?
Updated On : 27 Jul 2026 | 8:24 AM IST