Economy

Govt collects ₹9,516 crore tax on undisclosed foreign assets in 3 years

Parliament informed that tax collections under the Black Money Act rose sharply, while probes into global leaks have led to over ₹41,000 crore in tax and penalty demand

No formal study on GST rate rationalisation's inflation impact: Govt

Government says no formal study has assessed GST rate rationalisation's inflation impact; GST revenue rose 8.1% in February, with rural consumption showing strong gains

Crackling logs push out the blue flame in India's elite club kitchens

The old fire is stoked again as firewood and electric fill the LPG gap, and menus shrink

Two more Indian LPG tankers cross Hormuz, set to reach India in two days

LPG tankers Pine Gas and Jag Vasant, sailing close to each other, started from the Persian Gulf on Monday morning before crossing the strait, ship tracking data showed

India's LPG supply shortage shows no sign of easing as new route opens

On the positive side, a new route, bypassing Hormuz, opened for India's LPG supplies from Saudi Arabia. But there is a supply shortage for March and a much bigger one for April as of date

High growth has not translated into meaningful job creation: Jayati Ghosh

India's economic growth has not translated into sufficient job creation, with weak formal employment and low female participation, says economist Jayati Ghosh

India Inc to pull back on capex by 16.5% in FY27, says NSO Survey

Private sector capex intentions decline 16.5 per cent to Rs 9.55 trillion in FY27, reflecting a cautious investment outlook despite modest rise in per-enterprise spending

Datanomics: India's energy diversification timely, but risks remain

PM Narendra Modi highlights India's diversified energy import strategy as tensions in the Strait of Hormuz disrupt global oil and gas flows

West Asia crisis: Govt restores full Rodtep benefits to exporters

Refunds under the scheme range from 0.3 per cent to 3.9 per cent. The scheme is valid till March this year

Govt directs PNG rollout to schools, colleges within 5 days amid LPG crisis

Amid LPG shortages, the government has asked CGD firms to provide PNG connections to schools, colleges, and community kitchens within five days where pipeline infrastructure exists

Iranian oil purchases hinge on feasibility, payment route remains unclear

Over the weekend, the US waived sanctions on the purchase of Iranian oil at sea for 30 days in its latest attempt to ease oil prices that have been driven up by the US-Israeli war on Iran

NRI deposit flows fall 25.86% to $10.61 bn in April-January: RBI data

NRI deposit inflows declined 25.86 per cent to $10.61 billion in April-January 2026, mainly due to a sharp fall in FCNR deposits, even as NRE and NRO inflows rose

China to recoup 2% share in Indian FDI after Press Note 3 changes: Report

Easing of Press Note 3 norms is expected to unlock a pipeline of pending proposals, potentially driving a near-term uptick in inflows from China, including Hong Kong, the report said

No proposal for complete farm loan waiver under consideration: Sitharaman

The finance minister emphasised that there is no discontinuation of the said tax exemption

7 coal gasification projects worth ₹64,000 cr to be set up: G Kishan Reddy

The minister highlighted that the Modi-government during the last 12 years has brought several reforms in the coal sector

Sugar mills rush export deals on record-low rupee, rising global prices

Shipments from the world's second biggest ‌sugar producer will help Asian and African consumers to secure sugar at lower prices amid rising freight and global prices

Two Indian vessels carrying LPG are in transit through Strait of Hormuz

The two supertankers were signaling Indian ownership instead of a destination, but are likely to be heading to India, which has been facing acute shortages of LPG, used as cooking gas

Disruptions from West Asia war threaten to derail India's growth momentum

Generations of Indian workers and businesses have turned the Arab side of the Gulf into a vital appendage of their own country

Govt orders Tata Power's 4 GW Gujarat coal plant to run full-tilt in summer

Move aims to meet peak summer demand, avoid power shortages

Rise in industrial diesel price hits sugar mills and mining sector

Sharp rise in industrial diesel prices raises transport and input costs, putting pressure on sugar mills' cash flows and mining operations across sectors