Economy

Outlook gloomy for corporate share in direct tax mopup, shows data

The trend for corporate tax collections has been declining relative to overall tax collections. The share hit a high of 67 per cent in FY11 and dropped to 46.5 per cent as of FY24

Fake invoices: I-T dept reopening hundreds of old assessment cases

Businesses that may have claimed fake purchases in taxman's crosshairs

Govt working on 25 chipsets with Indian IPR to fight cyberattacks: Vaishnaw

Vaishnaw unravels the action on the ground and the move towards localisation

India's outward FDI up 20% at $5.81 bn in March 2025, shows RBI data

Singapore top FDI destination in Jan-Mar 2025

India never negotiates at gunpoint: Piyush Goyal on US trade deal

Both nations may pursue interim trade pact within 90 days

India's forex reserves rise by $10 billion on inflows, revaluation

Foreign currency assets increased due to inflows and revaluation as the dollar weakened over the week, said market participants

FM Nirmala Sitharaman urges Austrian firms to harness India opportunity

Lays out priority areas like digital tech, infra, RE among others to enhance ties

Fear of Trump's trade war sends US consumer sentiment plunging

US consumer sentiment plunged in April, a seemingly sharp rebuke of President Donald Trump's trade wars that have fuelled anxiety over possible job losses and rising inflation.

Govt not encouraging Chinese FDI: Piyush Goyal clarifies policy stance

FDI applications from countries sharing land borders, such as China, have to mandatorily seek government approval for all sectors. This policy was issued in April 2020

IIP growth slows to 6-month low of 2.9% in February on weak manufacturing

February industrial output: January marked an eight-month high at 5% driven by an upswing in the critical manufacturing sector

India's vegetable oil stocks drop to three-year low on lower palm imports

Depleted stocks could force the world's biggest buyer of vegetable oils to increase imports of palm oil and soyoil in the coming months, supporting Malaysian palm oil prices and US soyoil futures

Why reliable electricity is vital for healthy beginnings, hopeful futures

Access to quality and reliable healthcare is a fundamental human right

India, US agree on terms of reference for first phase of trade deal

The official stated that the there was a possibility of a "win-win shape and form" to the deal in the next 90 days

Growth risks to nudge RBI towards deeper rate cuts, say economists

Growth in Asia's third-largest economy, which is under threat from slowing urban consumption and tepid private investment, could worsen because of the escalating US-China trade war

US tariffs on China could make some Indian products more competitive: GTRI

However, the benefits may be short-lived unless India proactively leverages this breathing space to strengthen its export ecosystem

India eyes trade pact push as US pauses reciprocal tariffs for 3 months

In February, Prime Minister Narendra Modi and American President Donald Trump had announced the intention to finalise the first phase of a mutually beneficial BTA by the end of 2025

US remained the outlier in January with crude imports rising, shows data

Imports from Russia fell by nearly a fifth despite remaining largest source of crude

Indian exporters breathe sigh of relief on US reciprocal tariff pause

Industry players have adopted a 'wait-and-watch' mode

US tariff policy opens export opportunities for India: Nitin Gadkari

Gadkari inspected the ongoing construction work of the Rs 1,200 crore Multimodal Logistics Park project in Pithampur industrial area, about 30 km from Indore

Financial inclusion is not a licence to exploit: RBI Deputy Governor

NBFCs pulled up for lax underwriting, steep charges