BUSINESS
Heavy rains threaten kharif gains despite higher sowing
Food grain coverage has improved, but excess rainfall risks damaging standing crops in key producing states.
BUSINESS
GST relief comes as defence imports tilt towards missiles, artillery
Missiles’ share of India’s defence imports has tripled to 21% in the last decade, while artillery is up tenfold
BUSINESS
GST cut on bidis unlikely to sway Bihar voters, analysis shows
Per capita use is just one-eighth of the countrywide level, suggesting limited impact of GST cut
BUSINESS
India–Singapore ties deepen with FDI surge, trade review put on fast-track
Singapore is now India’s largest foreign investor, with over $175 billion in inflows since FY14, even as trade deficit widens
BUSINESS
GST2.0 reforms support local manufacturers; less than 7% of imports expected to get cheaper
Cuts in photovoltaic cells, auto parts, and industrial inputs signal focus on domestic value-add, not cheaper foreign goods
BUSINESS
Can India hit 7 percent again in the September quarter?
Capex and low base offer support, but tariffs and slowing momentum weigh on outlook
BUSINESS
GST cuts will impact nearly 14% of inflation basket, essential and household goods to benefit the most
Inflation in these items rose to a nine-month high of 3.6 percent in July from 3.3 percent in June
BUSINESS
Employment in unorganised sector declines, number of 'working owners' rises in Q1
Between January–March and April–June, the number of enterprises rose from 78.5 million to 79.4 million and employment fell from 131.3 million to 128.6 million, the first Quarterly Bulletin of Unincorporated Sector Enterprises has said
BUSINESS
China and Russia can absorb $20-billion Indian exports at risk from US tariffs, but gaps remain
China offers a broader consumer market for seafood, apparel and household goods, while Russia’s role is limited to niche categories
BUSINESS
Services activity hits 15-year high in August, composite PMI signals strong Q2 momentum
India’s services PMI rose to 65.6, while manufacturing grew at its fastest pace in 18 years high, pointing to sustained growth despite global headwinds
BUSINESS
What tariffs? PMI data shows manufacturing rising across Asia
India’s momentum was supported by resilient domestic demand and improved pricing power. Elsewhere in Asia, China’s PMI returned to expansion at 50.5, up from 49.5 in July; Malaysia touched a 15-month high, Thailand reached a 13-month high, and Indonesia hit a five-month peak
BUSINESS
Economic momentum continues in August
Manufacturing PMI reaches a near 18-year high, UPI transactions retain double-digit growth, but GST collections taper in August
BUSINESS
GST growth slows to Rs 1.86 lakh crore in August, but collections remain above Rs 1.8 lakh crore
The collections were lower than the Rs 1.96 lakh crore garnered in July, but remained above the Rs 1.8 lakh crore mark for the eighth consecutive month
BUSINESS
India’s exports to China shift towards food and farm products
Animal, vegetable and food shipments now account for over a fifth of exports
BUSINESS
Manufacturing activity rises to a near 18 year high of 59.3 in August
The performance of manufacturing sector is in line with the first quarter performance when the sector grew 7.7 percent compared with 7.6 percent in Q1FY25.
BUSINESS
How did India post stellar GDP growth in Q1FY26: Explained in six charts
The services sector proved to be the backbone of the recovery, expanding 9.3 percent in Q1FY26, a two-year high
BUSINESS
Fiscal deficit higher at 29.9% of FY26 target during first four months of the year
The rise in fiscal deficit follows an increase in capital spending since the start of the year by the central government.
BUSINESS
India’s GDP growth surges to five quarter high of 7.8 percent in Q1FY26, beating estimates
Services sector posts two-year high; consumption and rural demand provide support
BUSINESS
Employment in formal manufacturing more concentrated in fewer states
South and North together account for nearly two-thirds of jobs; Uttar Pradesh gains, Kerala and Uttarakhand slip
BUSINESS
Industrial output remains subdued as July IIP records 3.5% growth, helped by manufacturing
The uptick was in contrast with the performance of the eight core industries, which together carry a 40 percent weight in the Index of Industrial Production (IIP)
INDIA
Statistics, labour ministries should collaborate to track impact of PM Viksit Bharat Scheme: Labour secretary
MoSPI Secretary Saurabh Garg noted that India’s statistical system is moving towards deeper reforms, with a strong emphasis on district-level granularity and timeliness
BUSINESS
‘Unjustified and unfair’: MoS for External Affairs Kirti Vardhan Singh hits back at Trump’s tariff move
At the keynote session of CII India–Africa Business Conclave in New Delhi, Singh highlighted the rapid growth of India–Africa economic ties
BUSINESS
Future inflation revisions won’t take more than five years: MoSPI secretary Saurabh Garg
Moneycontrol had earlier reported that the ministry was considering a four-year revision cycle
BUSINESS
Manufacturing sector expansion hits two-year high in FY24, most firms added in 13 years
The strongest growth came from basic metals, motor vehicles, chemicals, pharmaceuticals, and food processing
