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The Hindu Businessline

Economy / The Hindu Businessline

Over 5.9 crore ITRs filed by July 31; more than 40% already processed

Beyond the late fee, missing the income tax return deadline can result in losing valuable tax options and loss carry-forward benefits.

1 Aug 2026 4:39 pm
Indias soyabean acreage recovers as July rains boost sowing

Madhya Pradesh, Gujarat, Uttar Pradesh see a rise in acreage

1 Aug 2026 4:33 pm
Air India adds Canada flights

With this launch, Air India will be only carrier operating non stop flights from Mumbai to Canada adding nearly 2,000 seats on the route

1 Aug 2026 4:31 pm
Real-time tracking, improved services key features of proposed Maharashtra Ambulance Policy

The citizen application will enable users to locate the nearest available ambulance, track its live location and estimated arrival time, receive preliminary guidance via video calls and check the estimated fare before booking

1 Aug 2026 3:46 pm
Maharashtra extends PMFBY enrolment deadline to Aug 10; 61.82 lakh farmers registered so far

The extension was granted because some farmers faced technical issues, pending documentation, and personal reasons, Bharane stated

1 Aug 2026 3:42 pm
Centre releases additional 1.09 lakh crore in tax devolution to states

The advance transfer gives states additional fiscal resources ahead of the scheduled monthly devolution to support spending and development programmes.

1 Aug 2026 3:33 pm
Manish Agarwal takes charge as General Manager of ICF

Agarwal succeeds U Subba Rao, who has assumed charge as General Manager of Southern Railway

1 Aug 2026 2:52 pm
U Subba Rao assumes charge as Southern Railway General Manager

An officer belonging to the 1987 batch of the Indian Railway Service of Mechanical Engineering (IRSME), Rao has held key leadership positions across various Zonal Railways and Production Units

1 Aug 2026 2:38 pm
PM Modi inaugurates Alluri Sitarama Raju International Airport in Bhogapuram in Andhra Pradesh

The Greenfield airport has been designed to handle 6 million passengers annually which can be scaled up to 40 million passengers

1 Aug 2026 2:36 pm
Gross GST collection rose over 15% in July

According to data made public on GST portal, collection from domestic sources rose over 10% to around 1.45 lakh crore reflecting consumption picking up

1 Aug 2026 2:18 pm
ITR last date 2026: Over 5.9 crore returns filed by July 31

Last year, over 7.3 crore ITRs were filed by September 16, 2025, which was the extended date for filing tax returns for AY 2025-26

1 Aug 2026 12:46 pm
Bhogapuram airport to start commercial flight service from August 17: GMR

GMR group said the airport has been completed several months ahead of schedule; initially, the annual passenger handling capacity will be six million and this will be scaled up to 40 million

1 Aug 2026 12:18 pm
Critical mineral demand to surge through 2040, supply gaps to persist: IEA

The report suggests that meeting future demand will require more than $750 billion in investment in mining and refining between now and 2040 under the Stated Policies Scenario (STEPS)

1 Aug 2026 10:49 am
Indian companies plan for fresh price hikes, testing inflation outlook

Consumer prices rose above the Reserve Bank of Indias 4% target for the first time in nearly a year and a half in June as food and fuel costs climbed

1 Aug 2026 9:57 am
Stronger El Nino conditions to reshape global weather through October: UN weather agency

Strengthening El Nio and a positive Indian Ocean Dipole could intensify heat and rainfall extremes across India, says the WMO

1 Aug 2026 9:29 am
Maharashtras AI advantage: Building the future of Indian agriculture

Maharashtra has the policy framework, institutional capacity and agricultural diversity to move ahead

1 Aug 2026 9:21 am
Agritechs next leap: Turning innovation into farmer impact

Indias next leap in agriculture will be defined by how effectively those innovations reach the people they are intended to serve

1 Aug 2026 9:21 am
Parametric climate insurance can help safeguard Indias 52 lakh crore agriculture economy in El Nio year

There should be public-private partnerships for strengthening weather-based insurance and building new climate-linked products for heat, rainfall, livestock and fisheries

1 Aug 2026 9:06 am
5 ways agritech can fuel real growth in Indias aspirational blocks

The real challenge is reaching farmers in aspirational blocks, where digital literacy, connectivity and private investment remain limited

1 Aug 2026 9:05 am
Why biological agri inputs could be Indias next success story

There is a strong case for a dedicated legislative framework for biological agri inputs that recognises the distinct scientific and regulatory requirements of biofertilizers, biopesticides and biostimulants.

1 Aug 2026 9:04 am
IndiGo to end wide-body flights, London service from October-end

The airline took the decision due to the challenging operating environment triggered by the ongoing geopolitical tensions

31 Jul 2026 10:21 pm
IMD predicts 7% rain deficit during Aug-Sept, sticks to 90% of normal rainfall projection

Kharif crops will sustain if there is regular rainfall even if it the quantity is less, say official sources

31 Jul 2026 9:44 pm
Cabinet approves extension of PM-KISAN scheme till FY31

Total financial outlay of 3,15,614 crore approved for the scheme during this period

31 Jul 2026 9:35 pm
Chennai port sets single-day barytes export record, adds new cargo stream

Port handles pig iron as new cargo; three harbour mobile cranes inaugurated

31 Jul 2026 9:27 pm
Samudra Manthan: Govt to boost offshore exploration for oil & gas with $8.8 billion push

The scheme will be led by state-run exploration and production majors ONGC and Oil India (OIL)

31 Jul 2026 9:21 pm
Capex grew by over 23% in April-June quarter

Fiscal deficit stands at over 18% of budget target

31 Jul 2026 9:15 pm
TBM Eagle commences tunnelling from Thirumayilai to Boat Club

It will excavate a 2,274-m long tunnel, contributing to one of the most critical underground sections of the metro network

31 Jul 2026 9:09 pm
India monitoring US Bill proposing 100% tariffs on Russian energy buyers: MEA

In touch with relevant stakeholders in Washington on the matter

31 Jul 2026 8:39 pm
AI lifts Q1 global trade despite West Asia conflict: WTO

WTO warns Strait of Hormuz disruptions will become evident from April data

31 Jul 2026 8:38 pm
Uneven spread of Indian monsoon raises concern over kharif crop prospects

The spread of monsoon has been non-linear even within states, even as July witnesses 1% above-normal rain in July

31 Jul 2026 8:12 pm
Delhi airport shines as Mumbai, Bengaluru, Hyderabad and Chennai report lower June traffic

Hyderabad and Chennai recorded the steepest declines of 12.9% and 12.7%, respectively

31 Jul 2026 7:13 pm
Global wheat output may drop 24 million tonnes next season on Iran war, El Nino impacts

The global wheat market balance in 2026-27 could become a little worrisome in the 2027-28 season, say analysts

31 Jul 2026 6:10 pm
Indias monsoon narrows deficit after 1% surplus in July, IMD predicts below normal rain in August

However, the Indian Ocean Dipole could turn positive in September, negating the adverse impact of the El Nino on the monsoon, say experts

31 Jul 2026 6:08 pm
India's April-June fiscal deficit at 18.2% of 2026/27 target

Fiscal deficit in April-June stands at 3.1 lakh crore

31 Jul 2026 5:19 pm
West Asia crisis drags orthodox tea prices down at Kochi auctions

Export demand has slowed considerably as rising freight costs and market uncertainty have prompted shippers to scale down operations

31 Jul 2026 4:25 pm
Air India to study use of electric air taxis for healthcare deliveries

Airline signs MoU with SkyDrive and Suzuki to assess feasibility of eVTOL-based medical logistics in India

31 Jul 2026 3:41 pm
West Asia conflict: Indias Q1 FY27 crude oil import bill hits all-time high of $50 billion

One of the reasons behind the higher value in US Dollars is due to weaker Indian Rupee. India had procured a similar quantity in Q1 FY23 for around $47.88 billion.

31 Jul 2026 2:24 pm
IndiGo to decide on next aircraft order in 2030 after assessing new-generation planes: Rahul Bhatia

Next-generation aircraft generally refer to planes incorporating advanced technologies and lower emissions

31 Jul 2026 1:29 pm
Karnatakas Neelam, Totapuri mangoes fly to Maldives as APEDA facilitates first-ever air shipment

The export consignment, comprising one metric tonne of Neelam and Totapuri mangoes, was sourced directly from farmers associated with Prakruthimaya Farmers Producer Company Ltd in Kolar district

31 Jul 2026 1:12 pm
Mahindra retains FY27 tractor growth guidance despite strong June-quarter sales

Healthy farm incomes, faster kharif sowing and labour shortages are boosting tractor demand, but Mahindra says it will wait for the remainder of the monsoon before revising its FY27 outlook

31 Jul 2026 12:18 pm
Air India, SkyDrive, Suzuki sign pact to study eVTOL aircraft use for medical logistics

The proposed collaboration comes amid India's major cities face severe traffic congestion, creating significant challenges for time-critical medical logistics, according to a company release

31 Jul 2026 12:00 pm
Toll plazas to get world-class public toilet facilities under new NHAI initiative

NHAI to enhance sanitation blocks at toll plazas through performance-based contracts framework

31 Jul 2026 8:59 am
India exports 7 tons of Bihar's Makhana to Canada

The consignment, comprising 7 metric tonnes packed in two containers, was dispatched through Mundra Port to ZKV Foods, Canada.

31 Jul 2026 8:47 am
Centre may expand CCTV like restrictions in other sensitive areas: IT secretary

Speaking at a CII event on semiconductors, Electronics and IT Secretary S Krishnan said that while producing chips in the country, it is also important to ensure that there is a market that exists for them

31 Jul 2026 8:41 am
India launches first sovereign-backed maritime liability insurance under BMIP

The new insurance product strengthens Indias maritime risk management framework while expanding domestic underwriting capacity and reducing reliance on overseas insurers.

31 Jul 2026 8:10 am
India-based Skiez Travels among six sanctioned by US over Mahan Air network

The latest US sanctions target companies accused of helping Irans Mahan Air sustain operations through commercial and logistics support.

31 Jul 2026 7:32 am
2 months of monsoon, yet over 50% of Indian key reservoirs are half-empty

The level in major reservoirs improved further this week to 44% of the 183.565 billion cubic metres capacity

31 Jul 2026 12:17 am
Buffalo meat, non-basmati rice lift Indias Q1 agri produce exports

Shipments rise 14% to $7.64 billion; Basmati rice shipments decline on reduced offtake

30 Jul 2026 10:04 pm
Domestic sugar prices to remain firm in short-term, says Triveni

Company registers 2.1 per cent growth in net turnover at Rs 1,581 crore

30 Jul 2026 10:02 pm
Dairy company Sids Farm raises 81 crore in pre-series B round

Funds to strengthen supply chain, expand footprint and drive product innovation

30 Jul 2026 9:32 pm