‘No excuses left for textiles sector’: Commerce Minister Goyal on India’s new tariff advantages
⚡ Key Highlights & Quick Takeaways Goyal said. “Now that story has changed. Our rates will be better, or the same if it is zero, than...
Economy
India services activity expands in August, pace of growth cools to over 4-year low: PMI
India’s services activity expanded in August, supported by stronger output and new business, even as the overall pace of growth was the second-slowest recorded since March...
RBI may prioritise closing dollar shorts with FCNR(B) inflow
The central bank may prioritise closing its $137 billion open short forward dollar positions , with the FCNR(B) deposits received , according to experts and industry...
Japanese credit rating agency JCR upgrades India to A-, Finance Ministry welcomes move
The Japan Credit Rating Agency (JCR) has upgraded India’s credit rating by one notch from BBB+’ to ‘A-, it announced on Wednesday, on the back of...
RBI’s forex swap facility draws over $136 billion; more than $127 billion mobilised via FCNR (B) deposits
The foreign exchange inflows — via via Foreign Currency Non-Resident (Bank) FCNR (B) Deposits, Overseas Foreign Currency Borrowings (OFCBs) and External Commercial Borrowings (ECBs) — under Reserve Bank of...
India’s data centre boom is colliding with its climate reality
⚡ Key Highlights & Quick Takeaways India is in the middle of a data centre gold rush. Global tech giants — Google, Meta, Amazon, Microsoft —...
Commercial LPG prices hiked by around ₹10 per cylinder, aviation fuel by ₹6.28/litre
⚡ Key Highlights & Quick Takeaways In Mumbai, they cost ₹2,701 per cylinder following a similar hike. In Mumbai, they cost ₹2,701 per cylinder following a ₹9.5...
India’s CAD widens to $4.2 billion in Q1FY27
India’s current account deficit (CAD) widened to $4.2 billion, or 0.5% of GDP, in the first quarter of 2026-27, compared with $3.4 billion, or 0.4% of...
GST revenue grows 14.8% in August 2026 to nearly ₹2 lakh crore
India’s Gross Goods and Services Tax (GST) collections grew nearly 15% to about ₹2 lakh crore in August 2026, official data released on Tuesday (September 1,...
Tax cuts for FIIs would be ‘asking govt to fund their under-performance’: Elara Capital MD & CEO
⚡ Key Highlights & Quick Takeaways Kumar said that pushing for tax cuts for FIIs is “asking the government to fund their underperformance”.“The FII amount is...