BUSINESS
India raises MSP for copra sharply for 2026 season to boost coconut farmer incomes
The MSP for 2026 season is an increase of Rs 445 per quintal for milling copra and Rs 400 per quintal for ball copra over the previous season.
BUSINESS
HAL’s gas turbine engine project hit by delayed test-bed approvals, says Parliament panel
The Committee cited delays arising from the 'failure to secure critical components on time, due to procurement bottlenecks and delayed approvals for test-bed construction' as well as land clearance issues.
BUSINESS
Parliament panel demands urgent IFCI revival blueprint, links future govt help to measurable progress
It warned that reliance on recurring capital infusion without structural reforms risked creating 'recurring dependency on government funding', adding that this could undermine IFCI’s ability to recover autonomously.
BUSINESS
Lack of developed corporate bond market will become bottleneck to India’s growth: NITI Aayog V-C
New NITI Aayog report sets out a three-phase reform roadmap as India’s equity market continues to outpace corporate debt seven-fold.
BUSINESS
Budget FY27: Gold import duty unlikely to be changed amid stable CAD outlook
The government has tightened checks on 'mis-declared' gold and platinum imports. The basic customs duty on the yellow metal has been cut from 15% to 6% in July 2024
BUSINESS
Govt hopes monthly GST collections to cross pre-rate cut levels by April 2026
According to two senior officials, monthly growth figure of GST collections may remain subdued till February, and March may see a major uptick in economic activity as is the case every year. This would take the collections growth (reflected in April number) to rise above 9% during the month.
BUSINESS
Budget 2026-27: Govt sets the stage for a frenzied Q4 push in disinvestment
State-owned entities such as Rail Vikas Nigam Ltd, Garden Reach Shipbuilders & Engineers Ltd, Neyveli Lignite Corporation, and Fertilisers and Chemicals Travancore Ltd remain on the watchlist for OFS — for which approvals are already in place.
BUSINESS
Govt to likely offload 1–2% LIC stake via offer for sale route in Q4FY26
Centre evaluating timing as retail outflows and volatility dim appetite for a larger tranche
BUSINESS
IndiGo’s delayed preparation for new FDTL norms triggers mass flight cancellations
The phased FDTL norms were introduced to prevent pilot fatigue and improve flight safety.
BUSINESS
Vivo may also face I-T probe as SFIO flags profit diversion, findings to be shared with CBDT
The development comes as SFIO prepares to file its chargesheet against Vivo in a suspected diversion of more than Rs 2,000 crore
BUSINESS
Experts flag ambiguity risks in classification and capacity-based cess under tobacco, pan masala duty framework
Revised excise schedules and Health Security se National Security Cess Bill, 2025 could raise classification, valuation, and compliance challenges, say experts
BUSINESS
Cigarettes ‘must not become affordable’, says FM as Centre restores excise duty after GST cess sunset
Move aims to prevent fall in tax burden as GST law caps peak rate at 40 percent
COMPANIES
SFIO set to charge Chinese handset maker Vivo in fund diversion case this month
According to officials, the wider probe into Vivo, Oppo and Xiaomi has uncovered suspected fraud of over Rs 6,000 crore, signalling major compliance issues at the three Chinese smartphone brands.
BUSINESS
Nirmala Sitharaman flags digitalisation tax challenges, pitches for global effort
Tax transparency must be seen as more than a compliance measure, the finance minister has said, describing it as 'foundation of sustainable development and fiscal resilience'
BUSINESS
Textiles, two-wheelers see consumption dip after GST 2.0 reforms
Gross domestic GST revenue sees negative growth of 2.3%, gross import revenue rises over 10%
BUSINESS
Govt likely to draw up mega PSB merger plan to trim state-owned banks to 4 in FY27
Other mid-sized banks – including Indian Overseas Bank (IOB), Central Bank of India (CBI), Bank of India (BOI) and Bank of Maharashtra (BoM) – are expected to be absorbed by SBI, PNB or BoB.
BUSINESS
India’s Q3 GDP to be released in new base year; Q1, Q2 will be revised: MOSPI Secretary
The decision to release Q1 and Q2 estimates in the new series is intended to smooth the transition and provide a coherent framework for analysis.
BUSINESS
Indian CEOs, exporters set to meet Russian delegation during Putin’s Delhi visit
The engagement could take the form of a roadshow or an exhibition featuring select exporters on December 4, and the next day will include meetings between 75 Indian business leaders and a similar number of Russian executives, sources say.
BUSINESS
CBDT flags 25,000 high-risk foreign asset cases; second ‘nudge’ campaign begins
SMS and email advisories to be sent from November 28 as CBDT strengthens voluntary compliance with foreign asset disclosure rules
BUSINESS
Govt developing unified portal for unclaimed financial assets; Rs 1,887 crore already returned
The platform, which will be coordinated by the Reserve Bank of India (RBI), aims to consolidate scattered databases maintained by different regulators into one searchable interface
BUSINESS
Gold, silver mutual funds’ AUM crosses Rs 1 lakh crore, AMFI CEO Venkat Chalasani says investors seeking diversification
Recent research and market reports indicate that industrial demand for silver is expected to grow faster than the supply that will enter the market, creating an anticipated demand–supply gap.
BUSINESS
SEBI mulls unbundling broker fees; MF, broking industry flag risk to research universe
SEBI Board to discuss overhaul of Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 and Securities and Exchange Board of India (Stock Brokers) Regulations, 1992 at December 17 meeting, including proposal to unbundle broking fees.
BUSINESS
Sebi moves to widen REIT market access with early-stage project inclusion, eyes route for index entry
With REITs already classified as equity for mutual funds, the regulator is now working on rules for limited exposure to under-construction projects and preparing conditions for possible index inclusion
BUSINESS
FinMin pushes welfare ministries to accelerate capex to improve quality of spending
Despite overall capex utilisation reaching 51.8 percent by end-September, the Centre has asked ministries such as Social Justice, Minority Affairs and Labour & Employment to accelerate spending in the second half, after their H1 utilisation remained at 35–40 percent.
