The Hindu

India must prioritise technology-driven, job-rich entrepreneurship in rural areas to achieve its ambition of growing from a $4 trillion economy to a $30 trillion economy by 2047.

The former Union Minister stated that before 1981, capitalist countries claimed to support an open market economy, but the absence of a rules-based global order prevented poor and middle-income countries from doing the same

Julys performance was, however, the second-best growth the Index of Industrial Production has seen since December last year, and was buoyed by the manufacturing and electricity and gas supply sectors

The 30-share BSE Sensex climbed 330.92 points, or 0.43%, to settle at 77,264.51. During the day, it jumped 424.38 points, or 0.55%, to 77,357.97

A joint statement, issued by the Finance Ministers of both countries following the conclusion of the inaugural India-Canada Finance Ministers Economic and Financial Dialogue in Toronto, said that India had expressed its readiness to begin negotiations on a Bilateral Investment Treaty at the earliest

All its member lending institutions have been asked to sanction loans under the ECLGS 5.0 to MSMEs and non-MSMEs and apply for credit guarantee under the scheme as it will be considered on first come first served basis subject the availability of guarantee cover

Communist Party of India general secretary D. Raja said that with a faltering economy accompanied with rising unemployment and government proposals such as simultaneous elections, there is a need for a political alternative

Asia must stop treating care as something women provide for free, and start treating it as infrastructure worth investing in

Donald Trump has imposed a 50% tariff on Canadian aluminium while acknowledging this week that the United States badly needs the metal

A longer-term analysis also shows that inflows are starting to outpace outflows on a more regular basis. For instance, while net FDI was negative in six out of the last 12 months, it was negative in only one of the last six months.

Customs exemptions for lithium-ion batteries, solarglass;renewable energy outlay rises

A total of 1,775 ongoing infrastructure projects across 17 Central Ministries/ Departments were monitored, and it was found that the total revised cost was 37,10,642 crore compared to their original cost of 33,70,138 crore

NASSCOM reminds the U.S administration that the number of H-1B employees Indian technology companies has reduced significantly as they steadily expanded local hiring. Also, Indian tech industry spent over $ 1.1 bn for strengthening STEM pipeline in the US working with over 130 universities and colleges impacting 2.9 millionstudents and upskilling more than 255,000 employees

Domestic demandremained buoyant, as reflected by several indicators,including vehicle and tractor sales. Petroleum productconsumption growth returned to positive territory,after three straight months of contraction.

U.S. Treasury Secretary Scott Bessent announced Operation Economic Outcast, which essentially involved new sanctions that aim to block all potential sources of revenue for Iran

Annual domestic demand stands at around 280-285 lakh tonnes

The company had ties to Iranian oil shipping magnate Mohammad Hossein Shamkhani, the U.S. Treasurys Office of Foreign Assets Control said

Annual UPI transaction volume rose from 1.78 crore in 2016-17 to more than 24,162 crore in 2025-26, an almost 13,000-fold increase, the Finance Ministry said in a statement

The Indian economy looks set for tough times ahead

The push for faster adoption of gas piped to households for cooking purposes, called PNG, follows the disruption to India's LPG supply chains during the West Asia crisis earlier this year.

The government in July 2025 eased its rules to mandate that FDI would be allowed in e-commerce companies that hold their own inventory as long as that inventory is only exported.

The position of forex inflows as reported by Authorised Dealer Banks to the RBI till August 21, 2026 includes $64.40 billion by way of FCNR (B) deposits; $4.86 billion via OFCBs and $2.59 billion by ECBs

Dhanalakshmi K., Dairy Commissioner of Uttar Pradesh, said that members of milk unions, milk-producing farmers, and self-help groups are encouraged to take help from welfare measures.

Cumulatively, the pipelines are expected to increase the countrys LPG pipeline network by about 24%

In March 2026, the government had eased its FDI rules to allow investments from companies that have up to 10% stake owned by entities based in countries that share a land border with India to enter India through the automatic route, rather than mandatorily needing government approval.

Central government finances for 2026-27 may remain close to budgeted levels

Poor connectivity and repeated blockades of key highways have crippled development projects and worsened the hardships faced by ordinary people, Ram Muivah of the Naga Peoples Front, an ally of the BJP in Manipur, says

Suggesting that disputes and pending issues between States should be resolved through mutual trust, cooperation and coordination, Andhra Pradesh Chief Minister N. Chandrababu Naidu proposes a range of joint initiatives that can significantly boost economic activity across South India

SEBI charged Copthall Mauritius Investment and Mansi Share and Stock Broking Private Limited as they manipulated the markets during the newly introduced closing auction session

How does revolving credit work in India? What is the RBI proposing?

Episodic events in West Asia had kept prices on benchmark brent crude largely volatile in July this year.

The Taxation and Other Laws (Amendment) Act, 2026, and an Act to further amend the Payment and Settlement Systems Act, 2007, have received the assent of the President on the August 17, 2026

upGrad Crosses 2,000 Cr Gross Revenue in FY26; Grows EBITDA 8X to 123 Cr

Taxpayers will pay a 30% tax on the value of the declared undisclosed foreign asset or income, plus an additional amount equal to the tax, effectively taking the levy to 60%

An analysis by The Hindu shows that the growth in the value of UPI transactions has been consistently slowing since 2021-22, although the current rate of growth is still higher than that of cash with the public

The opposition to the proposed act primarily centres on a potential subversion to the federal structure of how revenue from mining resources is taxed, especially in resource-rich and States which particularly depend on taxing the resources for revenue.

State launches the Chief Minister Udyoga Sankalpa and Udyoga Nidhi schemes, aimed at improving employment opportunities and encouraging job creation

The government has been taking a fortnightly review to ensure domestic availability of the retail fuels

The approach primarily entails that states additional subsidy on subsidising power is streamed as capital expenditure for financing rooftop solar installation, officials stated.

Inflation will remain high in the foreseeable future

Inflation will remain high in the foreseeable future

The U.S. Senate earlier this week passed the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, which proposes tariffs of up to 100% on countries that import oil from Russia in large quantities. This would like include India, if it become law.

During April-July this fiscal, exports jumped 17.04 % to $173.78 billion, and imports climbed 19.27% to $292.38 billion

In August, the government told the Lok Sabha that the ethanol blending programme had helped save around 2 lakh crore in foreign exchange. However, Opposition leaders, including Rahul Gandhi and Arvind Kejriwal, have launched campaigns against E20, saying it harms vehicles and that the government is forcing it on people