Economics
Trade, fiscal policy, banking, agriculture and economic indicators
No sunset date for old tax regime, 95% of refunds disbursed, says CBDT chair
CBDT Chairman Ravi Agrawal confirmed that the Income Tax Department has no "sunset date" in mind for discontinuing the old tax regime, even though 88% of ind...
16th Finance Commission: Among poll-bound states, 3 see a spike in tax share, Bengal dips
The 16th Finance Commission (16th FC) report for 2026-31 revealed divergent outcomes for poll-bound states in their share of central tax devolution. Kerala r...
Karnataka set to get another Vande Bharat train; check route
Indian Railways is planning to launch a new Vande Bharat Express service connecting Bengaluru and Mangaluru, with extension to Karwar along Karnataka's coast...
Why Karnataka is demanding a third bullet train corridor
Karnataka's political leaders, including Union Minister Pralhad Joshi and former CM H.D. Kumaraswamy, have urged the Centre to approve a third high-speed rai...
From business to tech, India inks key pacts with Malaysia
During PM Modi's visit to Putrajaya on February 8, 2026, India and Malaysia signed 11 MoUs and cooperation documents across semiconductors, digital payments,...
FPIs turn net buyers in February; invest ₹8,100 crore in a week on U.S. trade deal
Foreign Portfolio Investors (FPIs) turned net buyers in the first week of February 2026, investing Rs 8,129 crore in Indian equities after three consecutive ...
India-U.S. trade deal: Congress leader dares Piyush Goyal to cancel UPA-era pacts
Former Commerce Minister Anand Sharma challenged the current Commerce Minister's narrative on the India-US trade deal, citing historical data to argue that e...
Indian refiners avoid Russian oil purchase in push for US trade deal
Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Reliance Industries Ltd (RIL) have stopped accepting offers from traders for R...
India will stop importing fruits, vegetables, flowers: Union Minister Chouhan
Union Minister for Agriculture and Farmers' Welfare Shivraj Singh Chouhan declared that India will stop importing fruits, vegetables, and flowers, asserting ...
Gig hiring likely to surge in 2026 as qcom, ecom expand beyond metros
E-commerce and quick commerce platforms are projected to add nearly 1 million gig workers in 2026, driven by last-mile delivery demand and rapid expansion in...
India-US trade deal will boost farmers' incomes, says Piyush Goyal amid criticism: ‘18% tariff to give competitive edge’
Commerce Minister Piyush Goyal addressed concerns about the India-US interim trade deal's impact on agriculture, asserting that the agreement will increase f...
Cyber threats, geopolitical shocks, climate change top risks for Indian businesses, finds industry survey
The FICCI-EY Risk Survey 2026 found that 51% of Indian businesses rank cybersecurity breaches as the top risk to organisational performance, followed by chan...
India, Malaysia to promote bilateral trade and investment in local currencies
Prime Minister Narendra Modi and Malaysian Prime Minister Anwar Ibrahim held official talks in Putrajaya on February 8, 2026, and agreed to promote the use o...
16th Finance Commission identifies Tamil Nadu as one of top three States suffering heavy losses of public sector enterprises
The 16th Finance Commission (16th FC) report (Volume 1) identified Tamil Nadu as one of the top three states suffering heavy losses from public sector enterp...
India-U.S. trade deal is a blow to India’s strategic autonomy
The India-US interim trade agreement framework announced on February 7, 2026 has triggered a debate about India's strategic autonomy, with analysts arguing t...
India-US trade deal: Will refiners cut back on Russian oil imports and pause new orders? Here's what we know
Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Reliance Industries have reportedly stopped accepting offers from traders for ...
India-US trade deal: Industry awaits clarity on agri products tariff cuts
India and the US announced an interim bilateral trade agreement framework on February 7, 2026, under which the US will reduce reciprocal tariffs on Indian go...
Digital fraud cases: RBI plans compensation up to Rs 25,000 even if victim shares OTP
RBI Governor Sanjay Malhotra, during the Monetary Policy Committee meeting on February 6, 2026, announced a proposed framework to compensate victims of small...
Vidarbha holds 75% of Maharashtra’s minerals and best iron ore; aim is to produce steel cheaper than China: Union Minister Nitin Gadkari
Union Minister Nitin Gadkari, inaugurating the Advantage Vidarbha 2026 summit in Nagpur, stated that nearly 75% of Maharashtra's mineral reserves are located...
India, US reach interim deal: Sensitive sectors safeguarded, Piyush Goyal on farm, dairy producers
Commerce and Industry Minister Piyush Goyal informed the Lok Sabha that India's sensitive sectors including agriculture, dairy, poultry, and key manufacturin...