Economy

Higher capex, subsidies widen Apr-Aug fiscal deficit to ₹7.1 trillion

Centre's fiscal deficit widened to ₹7.10 trillion in April-August as capital expenditure rose 18 per cent and spending on major subsidies increased nearly 25 per cent

Two trade bodies meet FM, withdraw from No UPI Day protest on October 2

AICPDF and AIMRA have withdrawn from the October 2 protest after urging the government to defer the proposed UPI MDR and raise the threshold limit to ₹5 lakh

FCNR(B) impact: RBI's net short forward book swells to record $200 billion

RBI's net short dollar position in the forward book surged to $200.06 billion at August-end as FCNR(B) flows boosted longer-tenure forward positions

Odisha sets up CM-EAC on lines of EAC-PM to drive $1.5 trn economy goal

Panel comprising economists, former bureaucrats and Sarvam AI co-founder will advise on growth, fiscal management and structural reforms as Odisha pursues its 2047 target

UP dairy sector draws ₹695 crore investment proposals from 22 companies

Twenty-two companies proposed investments worth ₹695.18 crore across Uttar Pradesh at the UP International Trade Show, with the projects expected to create over 2,500 jobs

Datanomics: Rupee feels the heat from crude oil, weakens beyond the dollar

The Indian rupee fell past the 96-per-dollar mark during intra-day trade on Tuesday, hitting a two-month low as higher crude prices triggered worries in energy markets.

Private capex outlook is rising, but what is driving project distress now?

India's private capex outlook is strengthening, but the reasons projects run into distress are changing, with market conditions and promoter interests now accounting for most distressed projects

Centre's fiscal deficit touches 41.9% of full-year target at Aug-end: CGA

Centre's fiscal deficit stood at ₹7.1 trillion during April-August, at 41.9% of the full-year target, according to CGA data

Cabinet hikes MSP for all rabi crops; safflower gets ₹675 increase

The Cabinet has approved higher MSPs for all mandated rabi crops for 2027-28, with safflower getting the highest increase of ₹675 per quintal

Cabinet clears ₹1,789.52 crore AI-enabled system to manage Delhi traffic

The project will cover 42 traffic corridors in three phases, using adaptive signals, automated enforcement and real-time information to manage congestion and improve road safety

India, New Zealand FTA to boost agri, processed food exports: Trade body

Tariffs on processed foods, spices, confectionery, bakery goods and other products will fall to zero on the first day of the trade pact's implementation

Uttar Pradesh Data Centre Policy, 2021: Key features, incentives, eligibility and implementation

The Uttar Pradesh Data Centre Policy, 2021, is an investment and infrastructure framework intended to encourage private data centre development in Uttar Pradesh

India's super-aged future is closer than it seems, says Moody's Ratings

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

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

Sitharaman discusses BIT, FTA, UPI expansion with Qatar during Doha visit

Finance minister discusses Qatar's $10 billion investment commitment, proposed BIT and FTA talks, while seeking wider adoption of India's UPI payment system

PM Internship Scheme: Only 20% of job offers taken up 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

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

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

Potential business estimated at ₹15,500 crore

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