Himanshi Bhardwaj

PwC India sees ₹1.1 trillion shortfall in net tax collections in FY26

Following this uptick, PwC expects growth to moderate to 7 per cent in the second half, putting full-year expansion at 7.5-8 per cent

Uttar Pradesh leads SASCI scheme with 482 projects as of late November

Over a third of the FY26 SASCI fund has been released for 4,106 state projects, with Uttar Pradesh leading approvals and Nagaland remaining the only non-participant

IIP growth slips to 14-month low of 0.4% in October as output weakens

India's industrial output slowed sharply to 0.4 per cent in October-the weakest in 14 months-hit by fewer working days, a decline in electricity generation

India's new GDP series in February 2026 to spur IMF rating upgrade

The IMF has 'assured' that its 'C' rating for India's national accounts data will be reassessed once the new gdp series is released in feb 2026

State capital expenditure at 33.5% of FY26 target, shows CAG data

CAG data shows Haryana, Telangana utilised the highest proportion of BE among 19 states

Lower GST rates to spur consumption and drive growth:  S&P Global

"If India can secure a trade agreement with the US, it will reduce uncertainty and enhance confidence, which would boost labour-intensive sectors," the report added

Centre pushes labour reforms, notifies codes; draft rules out soon

Govt to soon put draft rules in public domain for consultation

India's core sector momentum stalled as output hits 14-month low in October

Energy-sector contractions wiped out gains in construction-linked industries, leaving overall output unchanged from last year

Bihar must rethink growth drivers as current model falls short: Report

A Kotak-ICRIER report says Bihar's development model has not delivered due to an unremunerative agriculture sector, urging diversification, rural infrastructure upgrades and institutional reforms

CAG to conduct pan India audit on ease of doing business for MSMEs

The CAG has launched a nationwide audit across 32 states and UTs to assess whether MSME reforms are delivering on-ground improvements, while mandating harmonised expenditure classification by FY28

Wholesale inflation at 27-month low of -1.21% in Oct on favourable base

Food prices fall sharply in October, pulling WPI to -1.21 percent

Retail inflation dropped to series low of 0.25% in Oct on base effects

In rural India, retail prices slipped into deflationary zone with the NSO reporting a 0.25 per cent drop in the CPI (Rural), compared to a 1.07 per cent increase in September

20 states spent 26% of budgeted capital expenditure in H1 FY26: CAG data

Among the states analysed, Telangana emerged as the frontrunner with the highest utilisation at 60.8 per cent, followed by Kerala at 43.6 per cent, and Madhya Pradesh at 39.9 per cent

Thali cost dips in October as falling food prices ease inflation

Prices of vegetables, onions, potatoes, and broilers fell in October, bringing down the average cost of a home-cooked thali and extending deflation in essential commodities

Rising committed expenditure squeezing states' development spending: PRS

PRS Legislative Research says states spend over 60 per cent of revenue on salaries, pensions, and subsidies, limiting room for growth and welfare spending

Pvt investment, states key to achieving Viksit Bharat goal: EAC-PM chairman

S Mahendra Dev says sustaining growth towards Viksit Bharat 2047 hinges on private investment, cooperative federalism, and inclusive, sustainable development

Manufacturing the one cylinder that isn't firing: NITI's Suman Bery

Bery called for the future of manufacturing success to be built through fostering regional clusters focused on local competitive advantages and not a uniform national approach

Industrial output growth moderates to 3-month low of 4% in September

Manufacturing gains offset by weaker mining and electricity output; economists see GST cuts and festive demand boosting growth in coming months

Q2 biz confidence drops on US tariff; 1st fall after 3 qtrs of improvement

Micro, small, and medium enterprises (MSMEs) showed stable confidence, with their BCI inching up marginally from 137.1 to 138.2

Onion deflation at 6.5-year high in September amid subdued exports

So far in this current financial year (2025-26), only April saw a moderate inflation of 2.85 per cent in onions and since then it has seen a deflation in every succeeding month.