Economy

Centre's net direct tax collection rises 13.2% to ₹13.38 trn till Oct 14

Gross direct tax collections rose 14.9% to ₹16.03 trillion, while refunds increased 24.2% to ₹2.65 trillion; STT receipts surged 51.6% to ₹46,840 crore during the period

India's trade deficit widens to $30.21 bn in Sep from $26.86 bn in August

Merchandise exports jumped 23 per cent year-on-year to a four-month high of $44.40 billion, while imports rose nearly 11 per cent to $74.61 billion

India's exports rise 23% to $44.4 bn in September, trade deficit narrows

Imports grew 8% to $74.61 billion in September, while exports during April-September rose 18.51% to $259.89 billion, government data showed

US trade pact to be operationalised once India gets competitive edge: Goyal

Goyal also said that the free trade agreement between India and the European Union will be inked in December and will come into force in February or March next year

Net direct tax collection grows 13% to ₹13.38 trillion till October 14

Net corporate tax collection rose 20.58 per cent to ₹5.99 trillion, while securities transaction tax receipts surged 52 per cent to ₹46,840 crore during April 1-October 14

States must assess resource needs before approving data centres: NITI Aayog

A NITI Aayog report called on states to look beyond investment announcements and assess whether they have the electricity, water, land, and supporting infra needed to sustain data-centre projects.

UP Warehousing and Logistics Policy, 2022: Features, incentives, eligibility, implementation

The policy provides financial and regulatory support for a wide range of storage and freight-handling facilities

AI gains may translate into income growth in 5 years for India: Orlik

Bloomberg Economics Chief Economist Tom Orlik said AI-driven productivity gains could add up to 0.9 percentage points to India's annual GDP growth

IDBI Bank acquisition puts Fairfax's CSB Bank stake at a crossroads

Fairfax Financial Holdings Ltd., led by Canadian billionaire Prem Watsa, is set to acquire nearly 61 per cent stake in IDBI Bank for $5.6 billion, marking the largest foreign investment in banks

Repatriation and overseas bets drain India's record gross FDI inflows

Record gross FDI inflows mask rising repatriation and overseas investments, raising questions about how much foreign capital India retains and the strength of domestic demand

Wholesale inflation hits series high of 11.39% in September on broad rise

At 11.39%, the rise was driven by a broad-based increase in prices of food, fuel, and manufactured goods

Cabinet extends social assistance scheme till FY31 with ₹53,428 cr outlay

The Cabinet has approved continuation of the National Social Assistance Programme for five years, with changes to disability pension eligibility and assistance rates

Cabinet approves ₹2,009 crore bonus for 1.14 mn railway employees

The productivity-linked bonus, equivalent to 78 days' wages, will benefit around 1.14 million non-gazetted railway employees, with a maximum payout of ₹17,951 per eligible employee

UK trade delegation signs growth partnership with businesses in Maharashtra

The visiting delegation includes three Cabinet ministers, seven mayors and around 200 businesses and institutions, with over £1 billion in new deals expected

US oil, gas supplies to India fall 43% as West Asia imports rebound

Refiners say high freight costs, longer voyages and limited supplies of medium sour crude make US barrels less attractive than West Asian and Russian alternatives

Putin signs law ratifying India-Russia temporary employment agreement

India and Russia signed the agreement during Putin's state visit to New Delhi in December 2025. An agreement on cooperation to combat irregular migration was also signed at that time

Wholesale inflation jumps to 11.39% in September as food, fuel costs rise

India's wholesale inflation accelerated from 9.92 per cent in August as fuel and power prices climbed, food inflation quickened and factory-gate prices rose across several industries

Depletion of coal stocks at power plants a concern, says CEA chairman

CEA Chairman Ghanshyam Prasad warns of depleting coal stocks at power plants amid rising demand, calling for more baseload capacity and a balanced mix of energy resources

The quality of our data influences the quality of our decisions: P K Mishra

Principal Secretary to the PM P K Mishra calls for credible statistics, granular data, technology adoption and stronger Centre-state coordination to improve policy decisions and outcomes

Tamil Nadu overtakes Telangana with highest retail inflation in September

Tamil Nadu's retail inflation rose to 6.81 per cent in September, while Telangana slipped to fourth place as all-India inflation climbed to 5.54 per cent amid rising food prices