Economics
Trade, fiscal policy, banking, agriculture and economic indicators
Government proposes easier tax rules for offshore funds managed from India
A draft Taxation and Other Laws (Amendment) Bill, 2026 proposes to relax the eligibility conditions offshore investment funds must meet to claim tax exemptio...
Rajya Sabha passes MSME Amendment Bill, 2026 to tackle delayed payments
The Rajya Sabha passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, aimed at improving cash flow, strengthening legal protecti...
India targets 874 GW installed power capacity by 2031-32
India's installed power generation capacity is projected to reach 874 GW by 2031-32, up from a current installed base of about 549 GW (5,48,858 MW as of mid-...
ONGC to reserve half of oil storage facility in Mangaluru towards strategic reserves: MoS Petroleum
The Ministry of Petroleum and Natural Gas informed Parliament that Oil and Natural Gas Corporation (ONGC) will reserve half of its planned oil storage facili...
Government proposes to ease tax relief conditions for offshore funds
The government has circulated a Bill among Members of Parliament proposing to relax the eligibility conditions offshore funds must meet to be treated as an "...
India proposes tax relief for offshore funds using local managers
The government has proposed easing tax rules for offshore investment funds that use India-based fund managers, by removing existing conditions related to fun...
Government invites applications for 30 products' import quota under India-Oman trade pact
The government has invited applications from importers to avail concessional tariff-rate quotas (TRQs) on about 30 specified products under the India-Oman Co...
Rajya Sabha clears MSME bill to fast-track payment disputes amid Opposition protests
The Rajya Sabha passed the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, which seeks to fast-track resolution of delayed payment di...
India proposes extending tax breaks for contract manufacturing in a boost for Apple
The government has proposed extending, until 31 March 2041, a tax exemption for foreign companies that supply capital goods, equipment, or tooling (such as h...
New Tax Bill sweetens deal for electronics makers, global investors
The Taxation and Other Laws Amendment Bill, 2026 proposes extending tax incentives for electronics manufacturing to 2041. The Bill proposes easing compliance...
$100 bn in sight: India is rolling in dollars but what about the rupee?
Banks have mobilised over $40 billion in the two months since the Reserve Bank of India (RBI) launched special measures to attract foreign currency deposits,...
India, Uzbekistan could explore FTA, says Piyush Goyal; Uzbekistan invites Indian investment in mining, rare earths
India and Uzbekistan discussed exploring a free trade agreement (FTA) at an India-Uzbekistan Business Forum, with bilateral trade currently targeted to reach...
CERC proposes transmission charge relief for delayed renewable projects
The Central Electricity Regulatory Commission (CERC) has proposed relief on interstate transmission charges for renewable energy (RE) projects that have face...
Will a repo rate pause make RBI fall behind the curve?
The Reserve Bank of India's Monetary Policy Committee (MPC) convened for its scheduled three-day bi-monthly meeting, with the rate decision due on the conclu...
Oil prices tumble as Trump cancels attack on Iran to reach nuclear deal
Crude oil prices fell after a planned military strike on Iran was called off in favour of continued nuclear negotiations, easing fears of a wider West Asia c...
India plans ₹45,000 crore rail upgrades along China, Pakistan and Bangladesh borders
India is planning an estimated ₹45,000 crore in railway infrastructure upgrades across states bordering China, Pakistan, and Bangladesh, to be rolled out ove...
RBI MPC begins today as policymakers weigh inflation, crude risks
The Reserve Bank of India's Monetary Policy Committee (MPC) convened for its scheduled three-day bi-monthly meeting, with the rate decision due on the conclu...
RBI set to hold rates on 5 Aug as global risks cloud outlook: Mint poll
A survey of economists ahead of the Reserve Bank of India's Monetary Policy Committee (MPC) verdict on 5 August 2026 shows near-unanimous expectation that th...
RBI MPC likely to stay on hold amid inflation risks, global uncertainty
The Reserve Bank of India's Monetary Policy Committee (MPC), meeting from 3-5 August 2026, is widely expected to keep the repo rate unchanged. The repo rate ...
Cabinet note in the works to end forex rule for SEZ services
A Cabinet note is being prepared to amend provisions of the Special Economic Zones (SEZ) Act, 2005 that currently require SEZ-based service units to receive ...