Economy

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.

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AICPDF and AIMRA have withdrawn from the October 2 protest after urging the government to defer the proposed UPI MDR and raise the threshold limit to ₹5 lakh

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

CAG flags weak GST recovery, ₹2,500 crore demand gap in Odisha tax net

Audit finds only around ₹110 crore recovered against over ₹2,500 crore in GST demands, while flagging excess input tax credit and gaps in e-way bill monitoring

Why global diesel prices are rising and Indian retailers are limiting sales

A global diesel supply squeeze has pushed up prices as Gulf and Russian supplies face disruptions; in India, industrial buyers are turning to petrol pumps, putting pressure on retail outlets

Russia remains India's top crude supplier in September amid supply squeeze

Russia supplied 1.74 million barrels per day of crude to India in September through September 27, as constrained West Asian supplies limited alternatives for refiners

Industrial output growth quickens to 8% in August on manufacturing, power

Manufacturing growth rose to 9 per cent, its second-highest level in 29 months, while electricity and gas supply expanded 12.3 per cent during August