Category: Economy
61,000 crorepati taxpayers added in last one year
New Delhi: India added 61,000 new crorepati taxpayers in the last one year, taking the total number of individuals with taxable income of ₹1 crore…
New tariff threat more of a pressure tactic: Oil industry
US President Donald Trump’s backing of a sanctions bill proposing a punitive 500% tariff on buyers of Russian oil is being viewed by Indian oil…
Budget may roll out ₹23,000 crore incentives to boost local capital goods manufacturing
New Delhi: India may unveil incentive packages of up to ₹23,000 crore in the coming budget with the aim of accelerating local manufacturing of high-value…
UN raises India’s 2026 GDP forecast to 6.6%, pegs next yr’s growth at 6.7%
The United Nations has upgraded India’s economic growth projection for 2026 to 6.6%, from 6.4% estimated earlier, and forecast 6.7% for 2027, attributing it to…
Go Swadeshi: CEA V Anantha Nageswaran calls for urgent indigenisation amid global trade headwinds
New Delhi: Amid global trade turbulence, chief economic adviser V Anantha Nageswaran has identified 6-10 areas which urgently require indigenisation and five key ‘clusters’ in…
India to grow 6.6% in 2026 on strong consumption, public investment: UN
New Delhi: The United Nations has upgraded India’s economic growth projection for 2026 to 6.6%, from 6.4% estimated earlier, and forecast 6.7% for 2027, attributing…
UN predicts world economic growth to slip to 2.7% in 2026
Global economic growth is forecast to decline to 2.7% in 2026 from 2.8% last year before increasing to 2.9% in 2027 – still down from…
Over Rs 1.52 lakh cr locked in Customs disputes; govt may look at amnesty scheme in FY27 Budget
New Delhi: With over Rs 1.52 lakh crore of customs duty locked in litigations, the government could look at the possibility of an amnesty scheme…
RBI considering fresh exporter relief steps after low take‑up of loan moratorium, sources say
The Reserve Bank of India (RBI) is considering new ways to support exporters hit by U.S. tariffs after a moratorium on loan repayments it offered…
500% Trump Tariffs? India could pay the price on Russian oil sanctions while China cruises free
A US sanctions bill targeting buyers of discounted Russian oil, approved in principle by President Donald Trump, has raised alarms in India as the country…