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Pharma exports surpass $31 billion in FY26 despite global headwinds

New Delhi: India’s pharmaceutical exports crossed $31 billion in FY26, despite a 23% year-on-year decline in March with official data showing that the industry is…

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East Meets West, Double Engine to Boost Reforms
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BJP gains in Bengal may accelerate reforms push amid economic headwinds

New Delhi: The BJP’s latest electoral surge, especially in West Bengal, could spur greater Centre-state policy alignment and aid the Union government’s reforms push as…

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RBI flags false loan waiver claims by some, warns of legal action

MUMBAI: The Reserve Bank of India (RBI) Monday raised fresh concerns over unauthorised campaigns falsely promising loan waivers, warning that these pose seious risks not…

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Direct tax mop-up misses FY26 target; Collections rise 5%

New Delhi: India’s net direct tax collections recorded a moderate uptick in FY26 though the mop-up fell short of the revised estimates by ₹81,000 crore,…

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PMI rises to 54.7; Inflation pressures mount

New Delhi: India’s manufacturing sector activity picked up modestly in April, driven by improvements in new business orders and production, a private survey released on…

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India to testify at USTR overcapacity probe on May 8

New Delhi: Indian trade officials and industry representatives will testify on May 8 to push back against the US’ claims of structural excess capacity and…

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RBI’s Rohit Jain takes charge, assumes key portfolios
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RBI’s Rohit Jain takes charge, assumes key portfolios

Kolkata: Reserve Bank of India deputy governor Rohit Jain, who assumed charge Monday, has taken over most key departments earlier handled by T Rabi Sankar,…

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RBI clears 99 pc applications within deadline under Citizen’s Charter

Mumbai: The Reserve Bank of India (RBI) on Monday said it has processed 99.7 per cent of applications within the prescribed timeline under its Citizen’s…

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India’s net direct tax collections rise 5.12% to Rs 23.40 lakh crore till March 31

Net direct tax collections rose 5.12% to around Rs 23.40 lakh crore as of March 31, according to official data. Gross direct tax collections for…

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No government financial support planned for fuel retailers’ petrol, diesel, ATF losses

New Delhi: The government has no plans to extend financial support to state-owned fuel retailers for the losses they are incurring on selling petrol, diesel…

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