Category: Economy

ET logo
Posted in Economy

UPI growth stays relentless with 22.64 billion March transactions, says Department of Financial Services

New Delhi: Unified Payments Interface (UPI) recorded 22.64 billion transactions in March 2026, reflecting continued growth in digital payments across the country, the Department of…

Continue Reading
ET logo
Posted in Economy

Sunflower oil consumption set to wilt by 10% amid geopolitical heat, says Crisil

Indian refined sunflower oil volume is poised to decline by about 10% in the current fiscal, due to twin headwinds that will dampen demand, said…

Continue Reading
ET logo
Posted in Economy

Indirect tax mop-up tops FY26 target, but pan masala cess misses the mark

New Delhi: The government has marginally exceeded its indirect tax collection target for 2025–26, buoyed by steady inflows from customs, excise and GST, even as…

Continue Reading
ET logo
Posted in Economy

Road ministry to compensate for price hike and volatility in commodity prices to contractors

New Delhi: The ministry of road transport and highways have relaxed the payment mechanism for highway contractors and reduced the price adjustment mechanism from three…

Continue Reading
ET logo
Posted in Economy

One battle after another: How India fared in the year of Trump tariffs

When US President Donald Trump declared April 2, 2025 as “Liberation Day” for American trade policy, few countries felt the tremors as immediately, and as…

Continue Reading
ET logo
Posted in Economy

India factory activity cooled in March with oil costs rising amid Middle East turmoil: PMI

Bengaluru: India’s manufacturing sector grew at ​its slowest pace in ​nearly four years in March as ​the war in the Middle East stoked uncertainty, disrupted…

Continue Reading
ET logo
Posted in Economy

Iran War: Fertiliser, agri-input stress emerges; Kharif outlook hinges on policy, farmer choices

The ongoing war involving the US, Israel, and Iran is producing far-reaching global repercussions, including supply chain disruptions, rising inflation, surging oil prices, and market…

Continue Reading
ET logo
Posted in Economy

Centre pushes states on fertiliser black-marketing, MSP procurement; 9.25 crore farmer IDs created

Union Agriculture Minister Shivraj Singh Chouhan on Wednesday chaired a virtual meeting with state agriculture ministers, flagging gaps in farmer registration, fertiliser distribution, and pulse…

Continue Reading
ET logo
Posted in Economy

Centre pushes states on fertiliser black-marketing, MSP procurement; 9.25 cr farmer IDs created

New Delhi, Union Agriculture Minister Shivraj Singh Chouhan on Wednesday chaired a virtual meeting with state agriculture ministers, flagging gaps in farmer registration, fertiliser distribution,…

Continue Reading
India exempts some chemicals from import duty
Posted in Economy

India exempts some chemicals from import duty

India has exempted a wide range of chemicals from import duty ‌for about ⁠three ⁠months, according to a government notice dated Wednesday. The exemptions, effective…

Continue Reading