Business Standard

The IMF on Thursday said the impact of weather events such as the Super El Nino was yet to materialise for India, which remains the engine of growth for the world economy. The IMF listed lower crop yields, increased food price inflation and its impact on the purchasing power of households in India due to the Super El Nino. So these are risks that we see that India faces, but right now those risks have not materialised, IMF Communications Director Julie Kozack told a press conference here. She sa

The finance ministry flagged elevated crude oil prices, food inflation and kharif crop uncertainty as key risks to price stability, while projecting 7.35% GDP growth in Q2FY27

Recoveries fell short of amounts flagged in several major cases

Indian investment commitments of over $330 billion in the US could boost outward FDI flows, potentially challenging Singapore's position as the top destination for Indian investments.

Commerce Minister Piyush Goyal says the proposed India-US trade agreement will protect farmers and other sensitive interests while strengthening India's position in global trade

The US economy grew at an annualised rate of 3.4% in Q3, beating forecasts of 3.2%, as resilient consumer spending and AI-driven investment offset the impact of higher oil prices.

India's pharmaceutical exports rose 4.9 per cent to $16.14 billion in H1FY27, driven by growth in Europe, ASEAN and Latin America, even as shipments to the US moderated.

The Supreme Court ruled that failure to issue a mandatory notice under Section 143(2) invalidates income tax reassessment proceedings, even if taxpayers participate in them

Tax authorities address Section 80LA deduction disputes, but experts flag GST compliance costs and competitiveness concerns

NSO data shows 17 services sub-sectors expanded in August, led by retail trade, while repair services rebounded sharply and air transport contracted for a fifth straight month

Battery systems at six thermal power plants to support clean energy supply and meet peak demand

A sudden halt to Russian crude imports would pose a supply-chain challenge for Indian refiners, potentially intensifying competition for alternative barrels and putting pressure on freight and procurement costs, while limited scope for further growth in Venezuelan oil output could constrain refiners' ability to exploit cheaper heavy crude, analysts said. Russian crude, which became a significant component of India's oil import basket after the Russia-Ukraine war, has lost some of its earlier pri

Stronger industrial output, energy consumption, port traffic, GST collections and auto sales support the growth outlook, while inflation, energy price volatility and geopolitical tensions pose risks

Commerce and Industry Minister Piyush Goyal on Thursday said India's bilateral trade deal with the US would protect all sensitive interests of the country, asserting that people would celebrate the agreement once its details are made public. He said that the opposition parties who are criticising the agreement lack understanding and knowledge about the subject. The US free trade deal is sometimes sought to be politicised by a few elements... because of lack of understanding and lack of knowledge

Rahul Saraf, Citi's head of investment banking for India said he expects more partnerships between Chinese companies and large Indian conglomerates in the industrial and consumer sectors

The proposed framework could enable EPFO to invest through institutions such as the National Investment and Infrastructure Fund and SIDBI's Startup India Fund of Funds 2.0

Dollar demand around the RBI's reference rate and likely overseas debt repayment outflows weighed on the rupee, while central bank intervention helped limit losses, traders said

The US Federal Reserve held interest rates at 3.75-4.00% in a 10-2 vote, citing persistent inflation, as two policymakers backed a 25-basis-point hike ahead of the midterm elections.

Knight Frank says foreign investments fell to their lowest level since 2012, while domestic investors accounted for 85 per cent of real estate PE inflows in the first nine months of 2026

Industry body Nasscom has urged the Finance Ministry to defer revised GST rules for e-commerce delivery services until January 1, 2027, citing technology, accounting and compliance challenges.

Major innovator brands see no price reductions despite cuts of up to 93 per cent for some cancer medicines; patient groups say PAP exclusions and data gaps have diluted relief

The scheme will offer financial support to domestic container manufacturers until 2039-40, aiming to cut import dependence, bridge cost gaps and boost annual capacity tenfold to 750,000 TEUs

The Rs 7,395 crore scheme aims to strengthen over 2.5 lakh gram panchayats through capacity-building, better use of Finance Commission grants and mobilisation of their own revenue

TVS Motor's board has approved the demerger of its consumer finance business into Harita ARC and the merger of TVS Motor Services with the parent company to unlock shareholder value

The app marketplace, now present on more than 200 million devices through OEM partnerships, is adding gift cards, top-ups and a webstore as it seeks to broaden its reach among consumers and developers

The Union Cabinet has approved a three-percentage-point hike in DA and DR, effective July 1, 2026, benefiting 4.85 million employees and 6.9 million pensioners at an annual cost of Rs 10,016 crore.

At the Business Standard BFSI Insight Summit 2026, experts said the next phase of mutual fund growth will depend on better investor outcomes, innovation, and rising incomes

The growth in the manufacturing sector was 8.6 per cent in August

Union minister Ashwini Vaishnaw said the increase would take DA and DR from 60 per cent to 63 per cent of basic pay and pension, respectively, with effect from July 1, 2026

Tata Projects, the country's leading technology-led engineering, procurement and construction company, on Wednesday said that it has secured an order from Gujarat State Fertilizers & Chemicals Ltd (GSFC) to develop an integrated phosphoric acidsulphuric acid complex in Gujarat. The contract marks an important milestone in Tata Projects' expansion into specialised process industries and reinforces its position as an engineering, procurement and construction (EPC) partner for complex industrial in

Cabinet clears 10,000 cr scheme to boost domestic container manufacturing

The proposed agreement will cover market access, rules of origin, customs procedures and trade remedies as India looks to deepen its trade footprint in Latin America

Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday said Uttar Pradesh is emerging as a major hub for investment, innovation, and industry. He also apprised people of the changes the state has witnessed since 2017 through his social media account on 'X'. Targeting the previous government, Adityanath said, Before 2017, UP had neither a clear vision nor a concrete action plan to attract global investment. However, the double-engine government changed this situation. Under the able leadership

Speaking at the Business Standard BFSI Insight Summit 2026, experts explored how SIFs and PMS complement mutual funds, while easier onboarding and wider distribution could support growth

The government has collected a total of Rs 3.25 lakh crore from the mobile phone industry in lieu of the Rs 19,000 crore mobile production-linked incentive doled out to the segment, according to data shared by Union minister Ashwini Vaishnaw on Wednesday. The stats shared by the Union electronics and IT minister on X showed that the government paid Rs 19,000 crore in incentives under the scheme and in return collected Rs 25,000 crore as direct tax and Rs 3 lakh crore in the form of Goods and Ser

The rupee traded in a narrow range and edged up by just 4 paise to 95.03 against US dollar in early trade on Wednesday amid elevated crude oil prices and strong dollar. Forex traders said rupee is under pressure amid persistent macroeconomic headwinds, including global dollar strength and Brent crude prices hovering near USD 115 per barrel. At the interbank foreign exchange market, the rupee recorded marginal gains and touched 95.03, registering a rise of 4 paise over its previous close. On Tues

The US-Israeli-led war with Iran has so far had limited impact on economic growth, but it has pushed up inflation mainly through higher energy costs

Excess funds with lenders have shrunk from a high of 11 trillion ($116 billion) in early September to 46,200 crore as of Oct. 26, according to a Bloomberg Economics index

The Prime Minister calls for bold innovation as India steps up investment in emerging technologies and scientific research

PhonePe CEO Sameer Nigam calls for restoring MDR to sustain UPI growth, while outlining plans to expand feature-phone payments, affordable credit and financial services

At the Business Standard Smart Investor Arena 2026, experts urged young investors to understand crypto fundamentals, start small and assess risks as tokenisation and stablecoins gain ground.

At the BFSI Insight Summit 2026, RBI Deputy Governor Poonam Gupta said India's growth momentum remained strong despite global shocks, aided by a diversified economy and policy response

Devina Mehra on why Indian investors should diversify globally, manage risks and look beyond familiar markets to build long-term wealth

Pension regulator in talks with HRMS providers to enable salary-linked contributions; sees scope for pension funds to finance infrastructure

State Cabinet approves four link expressways worth 17,542 crore, a robotics park in Greater Noida and GCC projects involving investments of 1,710 crore ahead of Assembly polls

At the BFSI Insight Summit 2026, PFRDA chief S Ramann outlined plans to expand pension coverage, strengthen APY, integrate NPS with payroll systems and fund infrastructure

At the BFSI Insight Summit 2026, Shaktikanta Das called for larger, globally competitive Indian banks, deeper bond markets and wider credit access to support India's growth ambitions

At the BFSI Insight Summit 2026, payments leaders called for AI-driven fraud detection, real-time risk scoring and greater industry collaboration to tackle rising digital payment scams

At the BFSI Insight Summit 2026, PE leaders Renuka Ramnath and Amit Chandra stressed selective investments, active ownership, AI-led value creation and the need for domestic capital

At the BFSI Insight Summit 2026, economists warned that AI and capital-intensive growth could threaten job creation, calling for labour-intensive manufacturing and faster skilling