Economics
Trade, fiscal policy, banking, agriculture and economic indicators
New income tax rules raise PAN threshold, meal allowances
The draft Income-tax Rules, 2026, under the new Income-tax Act, 2025 (which takes effect 1 April 2026), propose to streamline tax compliance by increasing...
India-US trade deal: Tiruppur expects garment exports to double to ₹30,000 crore—why Tamil Nadu textile hub is upbeat
Tiruppur garment exporters expect US-bound shipments to double to Rs 30,000 crore within three years following the India-US interim trade deal. The deal...
Goldman Sachs raises India’s 2026 growth forecast to 6.9% on lower US tariffs
Goldman Sachs Research upgraded India's calendar year 2026 GDP growth forecast to 6.9% (from its earlier estimate), citing the positive impact of reduced US...
‘National interest’ guides oil buys, says Misri after Trump’s claims India to stop Russian oil purchase
Foreign Secretary Vikram Misri stated that India's energy purchases will be dictated by 'national interest,' including 'adequate availability' and...
Moody's sees India's GDP growing 6.4% in FY27, fastest among G20 nations
Moody's Ratings projected India's GDP to grow at 6.4% in FY2026-27, positioning it as the fastest-growing economy among G-20 nations. Growth is expected to...
India's edible oil output seen covering just 40% demand in 2025-26: IVPA
The Indian Vegetable Oil Producers' Association (IVPA) estimated India's domestic edible oil production at 9.6 million tonnes in the 2025-26 marketing year...
IOC, HPCL buy Venezuelan oil in second deal since imports resumed
State-owned Indian Oil Corporation (IOC) and Hindustan Petroleum Corporation Ltd (HPCL) jointly purchased 2 million barrels of Venezuelan Merey crude oil...
Lending to Micro, Small & Medium Enterprises (MSME) Sector (Amendment) Directions, 2026
The RBI issued an amendment to its Master Direction on Lending to MSME Sector (RBI/2025-26/206), effective 1 April 2026, mandating that banks must not...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...