The Hindu Businessline News
Economy / The Hindu Businessline
The deliberations focused on outcome-based grading mechanisms for ITIs, strengthening Sector Skill Councils, and simplifying institutional systems
Developed through integration of the Department of Fertilisers IFMS and the Finance Ministrys PFMS, the system enables real-time tracking, centralised reporting and faster payments.
The move follows a review of existing rules based on recommendations of a high-level reform panel and stakeholder feedback
IMD says too early to predict now, indicates below-normal rainfall during January-March in north-west India
Prime Minister Narendra Modi is likely to flag off the first train later this month
Bengal, TN, AP and Telangana make up for lower purchases low in Punjab, Haryana and Chhattisgarh
However, gross collection up 6.1%; Maharashtra, Gujarat, Karnataka and Haryana are top contributors
In November, a total of 20.47 billion UPI transactions amounting to 26.32 lakh crore were registered by the NPCI
New mechanism coming into effect from Feb 1
Indian airlines added 35 planes in 2025, with expectations for more deliveries in 2026 to enhance their networks.
On December 31, Kochi Metro achieved a new milestone by recording its highest-ever daily revenue of 44,67,688
According to the government data, the peak power demand met or the highest supply during December also rose to 241.20 GW from 224.23 GW recorded in December 2024
More than 73 per cent of the sown area has been planted with climate-resilient and bio-fortified seed varieties that will help counter any weather aberrations
Major states Assam, West Bengal see a dip in output, while Tamil Nadu bucks the trend
The market was strong in Sale 53, witnessing a 99 per cent sales out of the offered quantities of 6,43,763 kg in CTC dust registering a 7 per kg rise in average price realisation at 174 compared to 167 in the previous week
Move aimed at sustaining export competitiveness amid steady overseas demand
The Farmer Bridge Assistance programme will distribute $11 billion in one-time payments based on 2025 planted acreage
Speaking in Maharashtras Ahilyanagar district, Chouhan also announced the release of Rs 367 crore under the Rashtriya Krishi Vikas Yojana.
Private sector banks recorded a CAGR of 19.3% in the advances to capital market sector from FY20 to FY25, and a 20% CAGR in their exposure to the real estate sector
Of this, around Rs 4,000 crore is earmarked for a greenfield port project, while Dredging Corporation of India and Goa Shipyard have received Rs 150 crore and Rs 110 crore, respectively
The MEP, first introduced in March 2024, aims to protect export realisations and ensure quality standards.
While tobacco products currently attract 28 per cent GST plus cess, the new framework introduces additional excise duties and cesses to maintain overall tax incidence.
Stress tests endorse resilience of banks and NBFCs
This means during the January-March quarter, deposits under the Sukanya Samriddhi Scheme will fetch an interest rate of 8.2 per cent, while the rate on a three-year term deposit remains at 7.1 per cent prevailing in the current quarter
Car and motorcycle prices increase from January 1 due to rising costs and macroeconomic factors, affecting various brands.
Western Carriers plans to set up more logistics hubs pan-India over the next six years
Many Indian steel and aluminium exporters may have to cut prices by 1522%: GTRI
Karnataka gets 18% less allocation, but UP and Maharashtra allowed to sell more
India wants Russia-led bloc to address non-tariff barriers related to standards and procedures, say officials
Table mailed Experts do not see fiscal deficit breaching the estimates as projected in the Union Budget of FY26.
According to Finance Ministry notification, a 12 per cent duty will be imposed in the first year (till April, 2026)
Air India and IndiGo unveiled their plans for 2026 with Air India saying that the first two Boeing 787-8 from its fleet with full interior-refit will re-enter services in February; IndiGo announcing that it is all set to induct its first Airbus A321XLR in 2026
Isolated to scattered rain indicated for Tamil Nadu, Kerala, Karnataka and Islands for next three days
The airport operator has reportedly directed telecom service providers to mandatorily use a network deployed by the airport itself, at an exorbitant and commercially unviable charge
The fall in US shipments was made good to some extent by an increase in exports to existing big markets such as the EU and China
These factors could increase exchange rate volatility, dampen trade, reduce corporate earnings and lower foreign investment, said the RBI Financial Stability report
Trying to create an index for exporters to evaluate IECs how theyve fared over 5 years, DGFT Ajay Bhadoo said, adding that the data could be compiled over the next year to support the acceleration of new market
The MAS intervention focuses on improving buyer connect and enhancing Indias presence in global markets through structured and outcome-oriented market access interventions
The measure is a part of the 25,060-crore export promotion mission
As India positions itself for continued economic growth in 2026, strategic reforms and a favourable macroeconomic environment are expected to enhance investment opportunities amidst global uncertainties
A policy paper brought out by RPCAU suggests seeking GI tag for two varieties - Rajendra Sonia, Rajendra Sonalika, strengthening FPOs in turmeric
The new law, Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act also amended the Life Insurance Corporation Act, 1956 and the Insurance Regulatory and Development Authority Act, 1999 besides Insurance Act, 1938
The Union Ministry of Labour and Employment has sought objections and suggestions from the public on each of the four labour four codes within the next 45 days which would be included before finalising them
The jets will be delivered in batches between 2028 and 2032, the airline said in a stock exchange filing.
The aircraft features enhanced cabin comfort, modern interiors, fast-charging power outlets, larger overhead bins and hot Gourmair meal capability
The extension, earlier set to end on December 31, follows representations from stakeholders citing difficulties with the filing system
The move is aimed at promoting value-added agricultural exports while ensuring compliance with international organic certification requirements.

12 C