The Hindu Businessline
Elections 2026Economy / The Hindu Businessline
Telangana targets to procure 90 lakh tonnes of paddy in rabi season
Government permits extension of contractual timelines by two to four months without penalties in affected cases
The current global uncertainties have created a challenging situation for India, says Vualnam
Crude, which was $70 per barrel last year, averaged over $114 this month
Areas like Gujarat, Maharashtra and parts of the foothills of the Himalayas will see more days of unusually high temperatures in May typically the peak of the pre-monsoon summer
Discussion takes place during virtual meeting between Commerce and Industry Minister Piyush Goyal and UK Secretary of State for Business and Trade Peter Kyle
According to the report, two-wheeler (2W) volumes rose 14% year-on-year in April, outperforming passenger vehicles (cars), which grew 11% during the same period
Morgan Stanleys latest report indicates that geopolitical tensions may boost Indias efforts for supply chain resilience and domestic capacity
EVs account for 5.7% share amid broader market slowdown
The association has said extensions to airlines granted by the Directorate General of Civil Aviation poses safety risk and should be withdrawn
Higher cane production aided by healthy crop conditions, improved recovery and strong monsoons drive output to 33.6 million tonnes
Strong imports and year-end stock clearance drive record-high revenue; collections rise 8.7% y-o-y despite absence of compensation cess
Bhogapuram villages see land rush, business buzz
Operations to Qatar, Bahrain restart; more flights added across region
Level in the southern region drops below 30% as overall level down to 39% of 183.565 billion cubic metres capacity
Third hike in recent months pushes 19-kg cylinder price to 3,071 in Delhi
The Special Additional Excise Duty (SAED) on export of diesel has been reduced to 23 per litre from 55.5 per litre, and aviation turbine fuel to 33 per litre from 42 per litre.
Industry body urges government support to offset cash flow impact of temporary tariff reduction at major airports
According to sources, the price of a 19 kg commercial LPG cylinder has been increased by 993, taking the cost in Delhi to 3,071.50 from today
Latest fuel price revision keeps domestic airline operations insulated, however, international operations may see higher fuel costs
Separately, new rules allow blending of ATF with synthetic fuels, expanding fuel definitions to align with evolving aviation standards.
While the draft notification for E100 and E85 has been cheered by the sugar and distillery sectors, automakers, particularly in the luxury segment, remain skeptical of the business case for diversifying powertrains beyond the current E20 standards
The private airport operators body has also requested for a revision in charges after the relief period
Apparel exporters make a case for import duty exemption to help stabilise prices, increase competitiveness
Sectors such as IT services, pharmaceuticals, healthcare and renewable energy are leading the charge.
Over 5,000 chana farmers have already been registered in Rajasthan to sell their produce to the government at MSP of 5,875/quintal
We have to generate frontier research in science and engineering, says CEA
The government had earlier capped the April price hike at 25% to shield airlines from a sharp surge triggered by geopolitical tensions, including disruptions in the Strait of Hormuz.
Vodafone Idea will repay the dues over a 10-year period, beginning with a minimum annual payment of 100 crore between FY32 and FY35, followed by six equal annual instalments from FY36 to FY41.
Net profit for the quarter rose 9% to 3,308 crore, demonstrating stable performance amid global trade uncertainties
The DEA will have to issue the notification under FEMA, says DPIIT Joint Secretary Jai Prakash Shivahare
International traffic grew 23.9 per cent to 7.23 million, while domestic traffic grew 3.3 per cent to 37.24 million
Although natural rubber prices are currently above 250 per kg after 14 years, rising production costsestimated between 210 and 220 per kgare reducing farmers actual earnings
The move follows Cabinet approval to amend Press Note 3 of 2020, though restrictions will continue for entities registered in China, Hong Kong, or other land-bordering countries.
Reform measures, free trade agreements and fast-growing economy are helping India to attract healthy investments, DPIIT Secretary Amardeep Singh Bhatia says
He noted that achieving this target would require around 12% annual growth in dollar terms, with Indias GDP currently at about $3.91 trillion and projected to reach $7.8 trillion in six years
Weather shocks hit Gujarat; southern States drive gains
IFTRT said there is a decline of about 15% to 20% in dispatches from manufacturing hubs
Two flights from Mumbai to Ahmedabad take off after long delays
The effects of the Iran war are impacting farmers in top exporters Thailand and Vietnam as well as the import-reliant Philippines and Indonesia, growers and traders said
The ministry said India enters FY2026-27 at a point where strong domestic fundamentals are being tested by external challenges
Gulf oil repair delays and possible weak kharif may trigger cost-push pressures; El Nino adds uncertainty to outlook
Thalath Mahmood, President of the Cochin Oil Merchants Association, says that coconut oil prices in Kerala fell to 266 per litre, with copra rates dropping to 153
Industry seeks early revision of MSP citing higher production costs, subdued ex-mill realisations
Heat-engine anticyclone dominates weather over interior Maharashtra and neighbouring Telangana
Ravi Gupta, chairman of the Indian Federation of Green Energy, states that switching to 100% ethanol will enable automakers to produce flex fuel vehicles (FFVs)
The plan includes expanding fleets such as container vessels, LPG carriers and green tugs, alongside enhancing coordination across key ministries.
Industry cites higher ATF prices, fuel surcharges and calibrated capacity deployment as factors shaping domestic travel trends
India enters this challenging phase from a position of relative strength, Nageswaran says
The meeting brought together key stakeholders, including government departments, banks, NBFCs, global institutions, OEMs, and industry bodies, highlighting a coordinated push to strengthen EV financing frameworks

33 C