Economy

Eway bill generation hits fresh record of 156.2 million in October

E-way bill generation rose 23.14 per cent year-on-year to 156.21 million in October, reflecting stronger festive demand, higher goods movement and improved GST compliance

States' capital outlay may rise 10-12% to ₹8.5 trillion in FY27: Crisil

Higher central support under the SASCI scheme and improved fiscal headroom are expected to boost states' capital spending, with urban infrastructure driving growth in H2FY27

Pressure on rupee continues in Samvat 2082; 10-year bond yields harden

The rupee depreciated 6.37 per cent against the dollar in Samvat 2082 amid FPI outflows and global uncertainty, while the benchmark 10-year bond yield rose 69 basis points

Vice-President Radhakrishnan to be chief guest at Ayodhya Deepotsav

Ayodhya is preparing for a record diya-lighting event on Saturday, with foreign tourists and cultural troupes arriving as officials step up security and crowd management measures.

Rupee hits six-month high of 93.91 against dollar on oil price decline

The rupee gained 0.60 per cent to close at 93.91 against the dollar on Friday, its highest level since April 22, supported by falling crude oil prices and foreign equity inflows

Inward FDI to ODI ratio narrows to 4.2 times in FY26 from 5.5 times: RBI

The RBI's annual census shows a narrowing gap between inward FDI and overseas direct investment, with the US emerging as the largest source of outstanding FDI in India.

Paddy procurement to infuse ₹16,000 cr into Uttar Pradesh's rural economy

State aims to procure 6.5 million tonnes of paddy by February 2027, with payments to farmers promised within 48 hours

Crude price cool-off likely to soften cost squeeze on oil companies

Brent slips below $94, offering respite to fuel retailers amid unchanged pump prices

Uttar Pradesh Private Medical College Scheme, 2022: Models, incentives and eligibility

The scheme seeks to attract private capital and expertise for developing medical colleges and associated teaching hospitals in districts that did not have such institutions

A month after lifting of ban, wheat exports rise fourfold, shows data

India exported $69 million worth of wheat in September after lifting the ban, but high domestic prices and limited export competitiveness could constrain shipments in the coming months.

West Bengal unveils new investment policy, offers up to 120% assistance

The policy offers enhanced incentives for priority-sector investments, but excludes an estimated ₹50,000 crore backlog of industrial incentives promised under previous regimes

Govt panel suggests sale of MTNL non-core assets worth ₹1,100 crore

An inter-ministerial panel has recommended monetising MTNL's surplus land and building assets worth ₹1,100 crore, with the proposal awaiting approval from a Cabinet-delegated body

Maharashtra's ₹8.6 trn litmus test: From investment promises to projects

Maharashtra secured investment commitments worth ₹8.57 trillion through 67 agreements in October, but land acquisition and power costs could slow their conversion into projects.

Datanomics: Indo-German trade needs 60+ yrs to hit €310 bn at current rate

India-Germany trade has grown at just 3.9% annually since 2014; reaching the proposed €310 billion target within a decade would require 27.1% annual growth.

Centre advances ₹1.09 trillion tax devolution to states for November

Advance tax devolution aims to boost capital spending and meet development and welfare expenditure

Rajasthan's mobile veterinary scheme benefits over 6.8 million livestock

Over 16.8 lakh animals receive doorstep treatment, while 98% of beneficiaries rate the services as good, says state minister

Did demonetisation widen India's tax base? A 10-year data review

India's taxpayer base more than doubled and direct-tax collections more than tripled in a decade. But how much of this growth can be attributed to demonetisation? Here's a look at the 10-year data

Ten years after note ban, how India's cash habit survived the UPI boom

A decade after demonetisation, currency in circulation has more than doubled, even as UPI transactions have surged, showing that Indians are using digital payments without giving up cash

SC sales tax ruling: What it means for businesses with old tax disputes

The ruling clarifies states' powers under pre-GST tax laws and its implications for pending tax demands and refund claims

India opens deepwater oil, gas bids, offers to fund up to 50% of well costs

Under the ₹84,084-crore Samudra Manthan scheme, the government will share up to half the eligible costs of exploratory wells, capped at ₹675 crore per well