Page 84 - Economy

A third of decade-old tax cases in High Courts haven't had a single hearing

The government has signalled its intent on reducing tax litigation in steps. A two-part series examines the state of tax litigation. The first part looks at tax cases pending for over 10 years

India's rare earth plan faces fresh hurdles as China tightens exports

India's ₹7,300 crore plan to strengthen rare earth magnet production may face delays as China restricts exports of key processing equipment, raising costs and affecting project viability

SBI General Insurance expects GST cut to hit profitability in near term

SBI General Insurance's Managing Director (MD) & Chief Executive Officer (CEO) Naveen Chandra Jha spoke with Aathira Varier in a virtual meeting about the company's strategies for maintaining growth

Private sector capex led the way in H1FY26 with manufacturing boost

Private investment projects constitute well over 70 per cent of the nearly ₹34 trillion of fresh investments announced in H1 this year

AI and energy have symbiotic ties, says Chevron India's Akshay Sahni

The $1 billion facility uses artificial intelligence to automate workflows, improve drilling efficiency, & create digital twins of LNG plants, marking Chevron's largest tech investment outside the US

India may put climate finance, adaptation at core of COP30 agenda

UNDP India's Ashish Chaturvedi says the country will focus on fair transitions, stronger partnerships, and climate-resilient development at the Brazil summit

India needs to make a big oil and gas discovery soon: Oil Secy Pankaj Jain

Oil Secretary Pankaj Jain says India's credibility is at stake if it fails to find a major oil and gas reserve soon, urging faster, technology-driven exploration efforts

Steel industry flags price pressure from cheap imports ahead of key meet

Steelmakers seek lower logistics costs, R&D incentives, and inclusion of key alloys in critical minerals list to boost long-term competitiveness

Odisha clears ₹1.46 trillion investment proposals, including Adani project

The Adani Enterprise Limited will set up a coal-to-chemical plant at an investment of Rs 84,000 crore in Sundergarh district and generate employment for 36,000 people, an official said

Kerala will be free of extreme poverty on Nov 1: CM Pinarayi Vijayan

"Instead of a one-size-fits-all policy, the government identified 64,006 vulnerable families and created specific micro-plans for each one's unique needs," he said in the post

IMF projects Indian economy to grow at 6.6% in 2025-26, outpacing China

The IMF released its revised projections following the effects of US tariffs across various economies and the subsequent deals made between countries amid growing uncertainty

Piyush Goyal meets German industry leaders to boost Indo-German trade ties

Goyal has also met with Rene Obermann, Chairman of the Board of Directors of Airbus. Goyal was impressed by Obermann's confidence in India's growth story

India and US 'very close' to trade deal; work on legal text begins

Official says talks progressing well, both nations converging on most issues

Indian refiners may buy more oil from West Asia after Russia sanctions

Indian refiners will likely lean on Iraqi Basrah Medium, a type of crude oil, barrels to replace lost Russian grades

India targets 26 new markets to expand rice exports worth ₹1.8 trn

India to pitch its rice varieties in 26 countries, including Indonesia, Saudi Arabia, and Japan, at the Bharat International Rice Conference 2025 in Delhi

ICAI keen to lead multidisciplinary practice firm initiative: President

Testing issues and actual implementations can have some differences. By and large it was working during testing

Festival spending, GST outflows push banking system liquidity into deficit

The net liquidity in the banking system has remained in deficit mode for four consecutive days. The system liquidity was in a deficit of Rs 2,645 crore on Thursday, the latest data by the RBI showed

Datanomics: Kerala set to become India's first extreme poverty-free state

But its definition of extreme poverty was based on a lower floor of earning than the World Bank's

Russian oil may flow to India through loopholes despite new US sanctions

Trump announced fresh sanctions on two of Russia's largest oil companies in a bid to stop the Ukraine war. But this is not likely to spell the end of Russian oil flows to India, a major buyer

IFSCA proposes differential distribution in funds to boost blended finance

The move is aimed at enabling blended finance structures that combine concessional or philanthropic capital with private investment to fund socially desirable but commercially less viable projects