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The Hindu Businessline

Economy / The Hindu Businessline

Government cuts windfall tax on diesel, ATF exports; petrol duty unchanged

The revised levies will apply for a fortnight, with the finance ministry also retaining existing duties on fuel cleared for domestic consumption

30 Sep 2026 11:11 pm
Indias second half of FY27 to be challenging amid global risks, rising interest rates: CEA

Nageswaran said July-August high-frequency indicators point to continued economic momentum, while September has been difficult amid rising oil prices.

30 Sep 2026 11:02 pm
RoSCTL scheme extended by three months till December 31 for textile exporters

The extension will continue remission of eligible embedded State and Central taxes and levies for exporters at existing rates and guidelines.

30 Sep 2026 10:40 pm
Government extends RoDTEP scheme for exporters by three months till December 31

Government extends RoDTEP scheme for exporters by three months till December 31

30 Sep 2026 10:29 pm
Air India CEO-designate Tewolde Gebremariam gets security clearance

To formally take charge of the Tata Group-promoted airline on October 1

30 Sep 2026 10:21 pm
Indian captain fights off co-pilot who allegedly tried to crash Flydubai flight

The Dubai-Tel Aviv flight diverted to Tabuk after a sharp descent, with passengers and crew helping regain control of the aircraft

30 Sep 2026 10:07 pm
IATA opposes forced relocation of flights to Navi Mumbai airport

IATA has said MIALs communication for shift from October 1 created a confusion and a transition framework should be developed in collaborative consultation with airlines.

30 Sep 2026 10:02 pm
Indias domestic air traffic falls 7.5% in August; IATA flags largest decline

Indias domestic aviation market recorded another monthly contraction in August, while capacity declined less sharply than passenger demand during the period

30 Sep 2026 9:58 pm
Modi, Donald Trump speak over phone; review trade, defence and energy ties

They also exchanged views on regional and international issues

30 Sep 2026 8:51 pm
Oil Ministry aims to amend Petroleum act to decriminalise minor offences

Accordingly, the Ministry has proposed to amend the Petroleum Act, 1934 through amendment of Chapter three, which relates to Penalties and Procedure

30 Sep 2026 8:46 pm
PE-VC investments hit four year high at $6.1 billion in September

The momentum was driven by a surge in mega deals (over $100 million) both in terms of value and volume

30 Sep 2026 8:25 pm
Employment in industries cross 2 cr mark in 2024-25 shows government survey

The estimated number of persons engaged in registered industries rose to 2.10 crore at the end of FY25 as compared to 1.96 core in FY24, showing a growth of over 7 per cent

30 Sep 2026 8:20 pm
Centre allocates 14 lakh tonnes of sugar for sales in Oct 1-15 ahead of Dussehra

Mills in Karnataka, Maharashtra and Uttar Pradesh have been allocated 10.77 lt or 83 per cent of the total 13 lt across the country, 1 lt allocated for standal one refiners

30 Sep 2026 8:15 pm
India hikes anti-dumping duty on jute goods from Bangladesh, Nepal

It will help increase domestic demand and capacity utilisation by jute mills even as Directorate General of Trade Remedies moots countervailing duties on imports

30 Sep 2026 8:04 pm
FlyDubai pilots fight in cockpit, plane carrying Israelis makes emergency landing

Israeli Prime Minister Benjamin Netanyahu said Saudi Arabia arrested the pilot who stabbed another pilot and apparently tried to crash the plane carrying Israelis

30 Sep 2026 7:45 pm
Indian govt approves procurement of 7.11 lakh tonnes of soybean, moong, and tur at MSP in 3 States

The procurement of these in Uttar Pradesh and Karnataka will benefit growers to the tune of 5,547.99 crore

30 Sep 2026 7:41 pm
India eyes rebalanced ASEAN trade pact in ongoing review

Next round of talks in October to focus on outstanding differences ahead of ASEAN Summit

30 Sep 2026 7:22 pm
Capital expenditure grew by 18% during Apri-August

Fiscal deficit widened to 41% of Budget Estimates in April-August on lower growth of tax collection

30 Sep 2026 7:15 pm
Indias external debt rises to $778.2 billion in June quarter, RBI data shows

External debt to GDP ratio, however, moderates to 20.8% at end-June 2026 from 20.9% on March 31, 2026

30 Sep 2026 7:01 pm
CAI sees FTAs opening new markets, boosting demand for Indian textiles and cotton

Improving cotton productivity, quality, contamination control, traceability, sustainability, price discovery and risk management would be critical to enhancing the competitiveness of Indian cotton, says CAI Chairman Vinay N Kotak

30 Sep 2026 6:44 pm
Restore 44% import duty on crude palm oil, Telangana minister Tummala says

Telangana targets 10 lakh acres of oil palm in three years

30 Sep 2026 5:55 pm
Indias fiscal deficit rises to 41.9% of full-year target by August

The Centre collected Rs 8.38 lakh crore in net tax revenue and spent about Rs 20.78 lakh crore during the period.

30 Sep 2026 5:23 pm
Efforts on in EU to render basmati rice as a generic variety, denying protected geographical indication

Some European experts claim that sales of the fragrant rice variety are 10 times the output in the origin areas

30 Sep 2026 5:21 pm
Cabinet approves 1-10% hike in rabi crops MSPs

MSP for wheat now stands at 2,610 per quintal against 2,585 per quintal announced for 2026-27 marketing season (April-March)

30 Sep 2026 5:02 pm
Spices exporters body elects Nishesh Shah as Chairman, Bhavik Desai Vice Chairman

The new leadership brings extensive experience in spice processing, sourcing, international trade and supply chains across global markets

30 Sep 2026 4:56 pm
India monsoon ends with 13% deficit; 15 states receive below normal rains

IMD says as many as 313 districts out of 741 in India are either deficient or large deficient, which means they have received at least 20% below normal rainfall

30 Sep 2026 4:15 pm
Delhi to get 1,790-cr real-time traffic management system

The system, to be implemented by the Delhi Police over 24 months in three phases, will cover 42 traffic corridors, with five years of operation and maintenance built into the project

30 Sep 2026 4:03 pm
Cabinet approves Green Energy Corridor Phase-III scheme

The scheme aims to strengthen Indias Intra-State Transmission System (InSTS) to enable evacuation of up to 135 gigawatt of renewable energy across States/Union Territories

30 Sep 2026 3:48 pm
India sunflower oil imports may jump 30% after import duty cut

Higher sunflower oil purchases are expected to partly offset lower soyoil imports, while palm oil demand remains broadly steady amid supply concerns

30 Sep 2026 3:44 pm
Indias rice industry looks beyond raw grain to tap next billion-dollar opportunities

A new industry assessment will examine market demand, margins, investment needs and export potential across emerging rice-derived product categories.

30 Sep 2026 3:37 pm
India raises wheat procurement price to 2,610 per 100 kg

Information Minister Ashwini Vaishnaw announced the new procurement price after a Cabinet meeting chaired by Prime Minister Narendra Modi on Wednesday.

30 Sep 2026 3:28 pm
India clears 5,548 crore pulses, oilseeds procurement plan for 2026-27

The procurement plan covers pulses and oilseeds for the upcoming summer season, with the government allocating funds for purchases from three states.

30 Sep 2026 3:26 pm
BikeWo, Moonrider tie up to explore electric tractor deployment

The partnership brings together Moonriders electric tractor technology and product capabilities with BikeWos growing capabilities in fleet deployment, leasing, operations and institutional customer development

30 Sep 2026 3:23 pm
Private capex rises, but Indias credit growth cycle remains weak: Kotak

RBI data show higher corporate capital expenditure ahead, while bank funding continues to favour infrastructure, particularly power and greenfield projects

30 Sep 2026 3:19 pm
Cheaper edible oil may help save the grams in a 10 snack pack this Diwali

Bikaji, Haldirams, Prataap, Britannia and ITC face different degrees of oil exposure; cheaper inputs have yet to produce a promise of fuller packets

30 Sep 2026 1:00 pm
Value-added rice products offer new growth opportunities for Indian industry: IREF

BIR Conference 2026 (Oct 2325, Bharat Mandapam) will explore opportunities and identify promising products via an IREFEY assessment

30 Sep 2026 12:21 pm
Wet spell seen for South Peninsula as monsoon set to resume withdrawal

The monsoon enters its last day as thunderstorms, lightning and high winds are set to sweep the South Peninsula followed by widespread to fairly widespread and isolated to scattered showers this week

30 Sep 2026 11:49 am
Piyush Goyal invites US manufacturers to invest in India

The G20 ministerial will feature discussions on a wide range of issues ranging from trade eliminating forced labour in global supply chains to addressing structural capacity and excess production

30 Sep 2026 11:46 am
India, Qatar agree to accelerate BIT and FTA engagement

Sitharaman, Al-Sayed discuss $10 billion investment pledge and QIA office in India

30 Sep 2026 11:42 am
Multi-agency rescue averts major incident involving tanker off Odisha coast

Sea Gull 9, with 23 crew and 9,000 tonnes of palm oil, reaches Paradip after engine failure

30 Sep 2026 11:30 am
Keralam fishers urge review of turtle-excluder device requirement

Federation of Fishing Boats and Fishery Industries of Kerala says that when a turtle exits, an estimated 810% of the catch may also be lost

30 Sep 2026 11:27 am
Govt lowers foodgrain production target by 2.63 mn tonnes for 2026-27 over El Nino fears

The foodgrain production targets have been set factoring in water availability and soil moisture and by holding state-wise consultations to adjust cropping patterns in the face of adverse conditions

30 Sep 2026 10:32 am
Indias Sustainable Aviation Fuel readiness surpasses 50%: Report

The joint report by US aircraft major Boeing and RSB shows that India's opportunity will depend not only on production potential, but on the coordinated development of the wider enabling ecosystem

30 Sep 2026 10:24 am
India in talks with China for alternate air route amid Pakistan airspace ban: Sources

India explores a route over Hotan, Xinjiang, to bypass Pakistan airspace ban; MEA engaging with counterparts, sources say

30 Sep 2026 7:57 am
Chinas electric truck sales surge amid soaring global diesel prices

Chinas freight sector is shifting rapidly toward battery-powered heavy haulers, with operators citing lower running costs and growing policy support

30 Sep 2026 5:24 am
Foreign Secretary flags concerns over US Russia sanctions law to US lawmakers

There are indications that the SRIA may be used as a leverage in the ongoing India-US negotiations for a bilateral trade agreement, sources said

29 Sep 2026 9:25 pm
Telangana Labour Dept calls Uber, Ola, Rapido, GMR for talks on airport cab row

The union said the Joint Commissioner wrote to Uber, Ola and Rapido the same day, advising them to implement the fares prescribed in the GO for prepaid cabs at the airport

29 Sep 2026 9:22 pm
India, EFTA to review trade pact a year on, eye new opportunities

Second Prosperity Summit in Delhi will address market access, other bottlenecks; discuss further expansion of trade, investments

29 Sep 2026 9:22 pm
Easing global prices, rising arrivals and muted demand likely to weigh on Indian cotton prices

Crop size likely to be lower on decline in area and deficient rainfall affecting the production of the fibre crop

29 Sep 2026 8:47 pm