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The Hindu

Economy / The Hindu

Government rolls out foreign asset disclosure scheme for small taxpayers

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%

15 Aug 2026 10:40 pm
Even as government considers MDR charge on UPI, data shows cash usage quickening in economy

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

15 Aug 2026 7:23 pm
What is the latest mining amendment Act about |Explained

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.

15 Aug 2026 2:59 pm
Karnataka targets one lakh new jobs, AI hubs, and a $3 trillion economy by 2047

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

15 Aug 2026 2:49 pm
Government reduces export duty on petrol to nil; diesel and ATF duty also reduced

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

15 Aug 2026 11:20 am
Ashok Leyland posts record Q1 earnings but higher costs squeeze margins

Commercial vehicle maker flags commodity cost pressures, maintains 1,000-crore investment plan and says AI is deployed to improve productivity and not replace workforce

14 Aug 2026 9:35 pm
States turn to solar subsidies to offset losses from subsidised power

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

14 Aug 2026 8:35 pm
WPI inflation eases marginally to 9.78% in July; food, fuel and power prices cool

This is the first time under the government's wholesale price index (WPI)-based inflation data as per the new 2022-23 base year that inflation has dropped month-on-month

14 Aug 2026 1:47 pm
A predictable rise: On inflation | The Hindu Editorial

Inflation will remain high in the foreseeable future

14 Aug 2026 1:44 pm
A predictable rise: On inflation

Inflation will remain high in the foreseeable future

14 Aug 2026 2:00 am
India has reassuring talks with U.S., including on Bill that proposes 100% tariffs

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.

13 Aug 2026 6:17 pm
Nifty, Sensex end mixed amid geopolitical uncertainty

Sensex up nearly 114 points and Nifty ends below 24,400

13 Aug 2026 5:29 pm
India's exports rise 19.63% to $44.24 billion in July; trade deficit widens to $31.98 billion

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

13 Aug 2026 4:44 pm
How sustainable is Indias E20 push? | Explained

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

13 Aug 2026 12:08 pm
Repco Home Finance loan book grows 8.9% in Q1; net profit rises to 114 crore

GNPA ratio improves to 2.7% from 3.3% a year ago, while net interest income rises 10.2% in the June quarter

12 Aug 2026 10:42 pm
Govt mulls MDR charge or tiered incentives to make UPI financially self-sustaining

The Parliamentary Standing Committee on Finance remain deeply concerned by the staggering mismatch between the Rs 2,000 crore allocation and the industrys estimated operational cost of Rs 20,700 crore.

12 Aug 2026 9:30 pm
Retail inflation hits 19-month high of 4.45% in July 2026 as food, fuel prices rise

While food, restaurant and accommodation services, and transport became more expensive in July, other services such as healthcare, recreation, sports and culture saw inflation cooling marginally.

12 Aug 2026 5:39 pm
Public sector banks bad loan write-offs shrink as recoveries rise

An analysis of two separate answer to Parliament by the Finance Ministry also shows that large industries and services are no longer the primary category of loans being written off

12 Aug 2026 5:14 pm
Fitch retains India's BBB- rating on robust growth outlook, flags fiscal risks from youth protests

India's rating has remained unchanged at 'BBB-', the lowest investment grade, since 2006.

11 Aug 2026 10:01 pm
Net direct tax collection grows 23% to 8.11 lakh cr on slower refunds, higher non-corp taxes

Refund issuances, however, slowed during the year with a meagre 3.8% year-on-year growth to 1.43 lakh crore.

11 Aug 2026 9:52 pm
Government approves introduction of one billion polymer banknotes of 10 and 20

The RBI has informed that the procurement process is presently at an initial stage, she said

11 Aug 2026 9:37 pm
MRF Q1 profit drops 1.3% on input costs

Company says revenue rose 9.7% on robust OE and replacement demand but Middle East-linked raw material costs squeezed margins

11 Aug 2026 7:46 pm
Indias LPG dependence on U.S. | Explained

Indias reliance on the U.S. for two-thirds of its LPG assumes significance, signalling prudent diversification of sources amid the crisis in the narrow Strait of Hormuz, which suggests that the countrys LPG security cannot be anchored to a single geography

11 Aug 2026 10:33 am
UPI and the cost of policy reversal

The governments proposal to allow an MDR of 0.250.5% on UPI transactions above 2,000 reverses a decade-long policy; taxing the payment rail could weaken incentives for banks and fintechs to invest in UPI while undermining its role in financial inclusion, formalisation and wider digital adoption

11 Aug 2026 9:25 am
Marginal increase in unemployment rate April-June quarter: PLFS

The rural unemployment rate was 4.8% in the April-June quarter, as against 4.3% in the January-March quarter, while the urban rate edged up to 6.7% from 6.6%.

11 Aug 2026 2:21 am
Under-recovery on domestic LPG narrows to 188/cylinder in August

Suresh Gopi, MoS Petroleum also stated that notwithstanding the earlier compensation packages the accumulated under-recovery scaled to 59,000 crore as of July-end.

10 Aug 2026 9:20 pm
Tunnel road a real estate project in disguise, contend citizen groups

They have alleged that ancillary revenue in the form of real estate is being given free to the concessionaire, which they estimate could be as high as30,000 crore for the entire concession period

10 Aug 2026 11:40 am
Shopping malls missing from the real estate landscape in Tiruchi

Despite its multicultural population of travellers, professionals, and students, shopping in Tiruchi is restricted to commercial districts of the city; a 140-crore shopping mall likely to be inaugurated in 2029

9 Aug 2026 7:18 pm
UPI stays free for users, vast majority of transactions to remain free for merchants as well, says government

The government said any future merchant discount rate (MDR), if introduced, would apply only to a limited set of merchant transactions above a specified threshold and at a nominal rate, which would be lower than typical debit and credit card MDRs

9 Aug 2026 7:38 am
Indias Experience Economy set to reach $59.2 billion by 2030: EEMA president

EEMAGINE, a conclave that brings together members from Indias events and experiential marketing industry, gets under way

9 Aug 2026 12:42 am
Hidden Environmental Cost of Powering Growing Digital and AI-World

Despite the astronomical water footprint of data centres, some States, which already have difficulties in meeting their water needs, have announced huge data centre projects.

8 Aug 2026 10:58 pm
IRDAI asks insurers to submit premium, claims, investment data for ISP

Details needed to facilitate data requirements of Union Ministry of Statistics and Programme Implementation in preparation of the Index of Service Production, says IRDAI

8 Aug 2026 6:21 pm
Gross GST collections grow 15.4% to more than 2.11 lakh crore in July on higher imports, sales

Tax collection from domestic transactions grew 10.1% to more than 1.44 lakh crore, while gross revenues from imports were up 29% to 66,511 crore

8 Aug 2026 4:51 pm
RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah

The Union Minister said a lot of aspects have been resolved with the help of the RBI, and also welcomed the raising of limits on gold loans and permitting one-time settlements for UCBs

8 Aug 2026 4:26 pm
Pay wall: On a charge on UPI transactions

Removing UPIs free nature will not only be unpopular but also unfair

8 Aug 2026 1:09 am
Prudent approach: On the RBIs interest rate-setting committee meeting

The RBI did well to hold interest rates, but inflationary pressures remain

8 Aug 2026 1:05 am
U.S. accounts for 67% of Indias LPG imports, Petroleum Minister Hardeep Puri

Before the conflict broke out in West Asia, India imported about 60% of its LPG requirement of which 90% transited through the Strait of Hormuz.

7 Aug 2026 10:14 pm
Lok Sabha passes MSME Development Amendment Bill without debate

The Bill seeks to address the current challenges faced by the MSME sector by improving the administrative structure and facilitating payment mechanisms

7 Aug 2026 2:21 pm
RBI gives Urban Cooperative Banks new lease of life | Explained

Reigniting the cooperative banking sector, which went through a painful course correction, is a logical step to deepen financial inclusion as MSMEs continue to face credit gaps despite digital lenders growth

7 Aug 2026 10:56 am
Office assets lead real estate investments across APAC and India in H1 2026, accounting for over 40% of total inflows in India: Colliers

Office assets lead real estate investments across APAC and India in H1 2026, accounting for over 40% of total inflows in India: Colliers

7 Aug 2026 10:30 am
6 Aug 2026 10:22 pm
Union Cabinet approves 23,371 crore GOBARdhan scheme to fuel CBG sector growth

The scheme aspires to increase domestic production of CBG ten-fold and mobilise large-scale private investment.

6 Aug 2026 8:34 pm
Temple economy can drive regional development, says CUK Vice-Chancellor

Three-day international conference brings together national and international experts to discuss governance, tourism and sustainable livelihoods

6 Aug 2026 7:14 pm
India has coal stocks to meet 62 days of power demand: Coal Ministry

Coal production in July rose 7.51% on a year-over-year basis with dispatches growing 17.34%.

6 Aug 2026 6:42 pm
Delhi HC restrains Bihar real estate firm from using Nintendo in company name

The Court observed that Nintendo had used the mark since 1889 and had acquired considerable reputation and goodwill internationally as well as in India

6 Aug 2026 9:35 am
Indian economy to hit $5-trillion mark in FY29 as per IMF: Finance Minister Nirmala Sitharaman

As per the World Economic Outlook database (April 2026) published by the IMF, Indias GDP at current prices is projected to be around $5.1 trillion by 2028-29, Nirmala Sitharaman said in a written reply in the Rajya Sabha

4 Aug 2026 8:56 pm
Economy of Andhra Pradesh is back on track, says CM Chandrababu Naidu

The State has adopted a double-engine governance model and a triple-engine growth strategy focusing on Visakhapatnam, Amaravati and Tirupati economic regions, while developing Rayalaseema as a horticulture hub, says Naidu

4 Aug 2026 7:58 pm