The Hindu Businessline
Elections 2026Economy / The Hindu Businessline
Budgets robust allocation for defence indicates Indias focus on large scale production of weapons and equipment required in future wars, says Saraswat
Timely payment of compensation to landowners hindered by delays in release of funds, says Stalin
Union Agriculture Minister Shivraj Singh Chouhan says no product that would cause even the slightest harm to Indian farmers has been included in the agreement
The corresponding Income Tax Rules and related forms have been prepared after broad-based consultation to align with the provisions of the Income Tax Act, 2025
The port handled its highest-ever monthly automobile export volume, shipping 25,762 vehicles through its dedicated roll-on/roll-off (RoRo) terminal at Adani Mundra Container Terminal (CT2)
The new terminal is being developed with modern facilities to provide greater comfort and convenience for passengers and officials are directed to expedite the works and complete them by March 31
The State government is focusing more on policy-led growth, and its Global Capability Centres Policy, Gems And Jewellery Policy and Bamboo Industry Policy are among the best in the country
He said India's GDP growth for the financial year 2026-27 is projected at 7.4%, confirming India's position as the fastest-growing major economy for the fourth consecutive year
India's purchase of Russian oil had become a thorny issue in ties between New Delhi and Washington with many American officials alleging that it is fuelling Moscow's war machine against Ukraine
The MoU was exchanged by AAI chairman Vipin Kumar, marking a significant step toward improving inclusive last-mile connectivity for air travellers
Data is no longer just a record of what happened: it is fast becoming the basis of how the agri-food supply chain functions
The way forward is millers must fortify, retailers must promote and consumers must choose fortified staples
Now begins the harder work: translating policy into practice, allocation into impact and framework into results
Companys managing director Rajesh Aggarwal says it will launch 5-6 formulations and double its demonstration plots this year
Acting on tech-enabled surveillance and data-pattern analysis, ICG intercepted three suspect vessels about 100 NM west of Mumbai
However, roll back of these 25% ad valorem tariffs on Indian goods, effective February 7, 2026, is explicitly tied to Indias commitment to stop purchasing Russian oil
Harley Davidson motorcycles in the 800-1600 cc range will receive zero duties from day one of implementation of the interim trade agreement
As a result of the changes proposed in new rules and forms, including removal of redundancy and consolidation of rules wherever possible, draft Income-tax Rules, 2026 contains 333 rules and 190 forms
Union Commerce Minister Piyush Goyal says reduction of tariffs will immediately boost exports of labour-intensive sectors such as textiles, apparel, leather and footwear
Boeing has over 265 commercial and military aircraft operating in India, which is a key market for the plane maker
Union Minister Ashwini Vaishnaw says government will continue to work on setting up semiconductor manufacturing plants and target to produce chips as small as 2 nanometre node size
Kant further stated that this interim deal is a strategic win for the country as it strengthens supply chains against China and supports the stability of the Indian currency
As per the data shared by the ACMA, trade in auto components between India and the United States has continued to expand over the past five financial years, reflecting strengthening industrial ties between the two countries
The decision, if implemented, will bring major relief to Indias gems and jewellery sector as the US accounts for about 30% of industry sales
While the White House has officially confirmed Indias commitment to not purchase Russian crude oil, a formal response on the same from either the Indian government or the Ministry of Petroleum and Natural Gas (MoPNG) is awaited.
The Minister also conducted a visit at the Ashok Leyland electric bus chassis production line as well as bus operations depot to appraise herself on the technicality of the buses as well as the type of infrastructure required to operate a fleet of electrical buses
As per the interim trade framework, India has declared its intent to buy $500 billion worth of US energy products, aircraft and aircraft parts, precious metals, technology products and coking coal over the 5 five years
The press release stated that measures to modernise Indian Railways are undertaken to provide the interlocking of Level Crossing (LC) Gates to 10,097 Level Crossing Gates up to December 31 for the enhancement of safety at the LC Gates
India to eliminate or reduce tariffs on all US industrial goods; purchase $500 billion of US products in 5 years
The thrust on infrastructure, productivity, farm-mechanisation and high-value production is a highlight of this budget
The opportunity now is to move from acknowledgement to adoption, so that nutrition is no longer assumed or artificially added later
The updated rules signal a more consumer-friendly approach, allowing jewellery buyers to focus on meaning, craftsmanship and long-term value
The Budget proposals bring a convergence of policy-led AI vision and field-level execution
Items include DDGs, red sorghum, tree nuts, fresh and processed fruit, soybean oil, wine and spirits
While tariffs on key Indian exports are reduced, India ensures no duty concessions on essential farm products, maintaining domestic food security and rural employment.
According to an executive order issued by the White House, India has also agreed to a framework with the US to expand defence cooperation over the next 10 years
Budget meets the demands of an emerging global order with more indigenisation and resilience, yet with an eye on global competitiveness, says Anantha Nageswaran
Speaking at the Green Karnataka Summit 2026, Rao said the construction sector plays a major role in the citys air quality and climate outcomes
DEA Secretary Anuradha Thakur highlights over 370 reforms to enhance credibility and ease of doing business at the Budget Forum.
Exporters are cautious as order books are thin with buyers adopting a wait and watch stance amid volatile prices
The Budget takes a very important step forward in bringing down input cost, says Anantha Nageswaran
Budget framework reflects continued attention to public investment, innovation financing and sectoral allocations, says Vualnam
Panelists commend fiscal consolidation in the Budget while expressing concerns over revenue shortfalls and state financial pressures.
Neutral stance continues; committee sees stable inflation and growth
A session on Budget and trade generated interesting prescriptions to raise manufacturing competitiveness
The white precious metal drops below $100/oz in China, COMEX raises margin for precious metal again
MoSPI plans to expand the portal with additional datasets in the coming months, supporting more data-driven research and decision-making.
RBI raises real GDP projection for Q1 and Q2 of FY27 by 20 bps amid favourable growth outlook
The project involves the deployment of a comprehensive integrated RF and radar-based drone detection and jamming system providing 360-degree coverage and omnidirectional bearing
The Governor noted that the RBI has comprehensively reviewed the KCC scheme with a view to expand coverage, streamline operational aspects and address emerging requirements

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