Page 13 - Economy

Govt clears 31 electronic component manufacturing proposals worth ₹7,877 cr

With the latest approvals, the government has cleared 106 applications covering around 30 product categories across 15 states under the ECMS

India's unemployment rate fell to 5.1% in July from 5.5% in June: Govt data

Compared with July 2025, the overall UR and rural UR remained broadly stable in July 2026, whereas the urban UR decreased by 0.5 percentage point from 7.2 per cent in July 2025

Gorakhpur gets industrial boost with 2,000-acre township land bank

GIDA is developing a 2,000-acre industrial township in Dhuriapar, strengthening Gorakhpur's position as an emerging manufacturing and investment hub in Eastern UP

CEA calls for E10 petrol option alongside E20 amid consumer concerns

E20 - petrol with 20% ethanol blended in it - was rolled out last year and since April 1, it has been the only fuel available for sale ‌at gas stations across the country

Weekly policy watch: Jobs, core sector output, PMI, forex reserves in focus

India's policy calendar this week will track jobs, infrastructure activity, business growth and forex reserves

MDR on UPI payments: Six rules govt must settle before charges can start

The Bill opens the door to selective UPI MDR, but leaves the operating details undecided. Here are six questions the final framework will need to answer before any charge takes effect

Free for users, costly to run: The economics behind India's UPI system

UPI remains free for consumers and merchants, but the cost of running India's digital payment infrastructure has revived the debate over MDR, subsidies and platform fees

UPI MDR debate: Why ₹2,000 is in focus and what it means for users

The government has not notified ₹2,000 as an MDR threshold, but the existing incentive framework and transaction data explain why the number dominates the debate

New nuclear rules mandate financial security of plants, say experts

The rules require nuclear plant operators to maintain an insurance policy, financial security or a combination of both to cover civil liability for nuclear damage

Statsguru: India's high income goal faces roadblocks on the path to 2047

India needs sustained 9.25% annual growth to become a developed economy by 2047, but low investment and a prolonged lower-middle-income phase remain key challenges

TN CM Vijay sets the stage for a long role as govt completes 100 days

Tamil Nadu's new government has made investment and welfare central to its first 100 days, but managing debt and sustaining investor confidence will be the bigger test

PM-VBRY scheme meets a third of first-time jobs target in first year

PM-VBRY has created 62.56 lakh first-time jobs against its 1.92 crore target, while experts flag weak demand and limited hiring incentives as key constraints

CAG finds E. coli bacteria in several water coolers at railway stations

Will install 20,000 tank-to-tap filtration systems: Govt

100 days in office: West Bengal banks on a pro-business turnaround

West Bengal's new government is betting on a pro-business approach to revive investment, but fiscal constraints and the contentious land question remain major hurdles

Govt sets LPG production targets for refiners, Reliance gets largest quota

The lion's share of the planned output has been set from Reliance Industries Ltd's older refinery, which would have to produce up to 18,000 tonnes a day of LPG, according to govt order

India sets targets for oil companies to boost LPG output amid West Asia war

Companies are required to maintain adequate infrastructure for storing and transporting liquefied petroleum gas, either directly or through railways and road tankers, to meet specified quantities

Weekly economy wrap: Tax collections rise, but inflation and trade gap bite

Stronger tax collections and exports offered support, but higher inflation, a widening trade deficit and elevated debt kept macroeconomic risks in focus

Govt cuts windfall tax on diesel, petrol and ATF exports, effective today

Diesel export duty lowered to ₹24 a litre from ₹25.5, while petrol levy is scrapped and ATF tax cut to ₹19.5 a litre as oil prices fall

From food shortages to record harvests: How India learnt to feed itself

India is celebrating its 80th Independence Day on Saturday. Eight decades after Independence, one measure of the country's economic transformation can be seen in its ability to produce food.

From agriculture to services: How India's economy transformed over 80 years

India's economy has undergone a major transformation over eight decades, moving from an agriculture-led model towards a more diverse, services-driven economy