BUSINESS
"A major boost for investors": Experts hail clarity on beneficial ownership and expedited approvals under Press Note-3
The announcement appears broadly aligned with India’s ongoing push to strengthen electronics manufacturing and semiconductor supply chains, which are also priorities under policies such as Electronics Components Manufacturing Scheme and related production-linked incentive initiatives, say experts.
BUSINESS
Govt seeks Parliament’s nod for additional Rs 201,143 crore spending in FY26
Around Rs 59,000 crore is being sought for the "Economic Stabilization Fund". The ESF was set up by the Centre in 2025-26 specifically to meet unanticipated expenditure arising from "volatile global dynamics".
BUSINESS
Govt sees a Rs 10-15k crore spike in fertiliser outlay for FY27 if Middle East tensions continue
For FY27, the fertiliser subsidy outlay has been pegged at Rs 170,799 crore. The finance ministry will re-look at the Budget’s numbers after Q1 of FY27 ends, the official said.
BUSINESS
FinMin monitoring rupee 'every hour'; geopolitical uncertainties may make currency weaken further
'We don't want rupee to cross 93-a-dollar, but it seems it may happen, if the uncertainties don't reduce in a few weeks,' an official said
INDIA
Govt mulling a new scheme to help exporters amidst Israel-Iran conflict
We may also tweak the Export Promotion Mission to offer some more incentives to help our exporters, an official said
BUSINESS
Businesses have to take full advantage of FTAs for India to take 'big leap forward': Piyush Goyal
Goyal said that start-ups, corporates, and MSMEs must work towards making good use of FTAs.
BUSINESS
No time for 'complacency', India’s shock absorbing capacity should be strengthened: FinMin report
With the government striking free trade agreements and with several underway, it has opened up markets for Indian exporters, said the February’s Monthly Economic Review, adding that "they need to grab it".
BUSINESS
Despite external challenges, strong macro fundamentals & reform momentum bodes well for economy: FinMin
Despite India's high import dependency on crude oil, it has sufficient foreign exchange reserves, a low CAD, and low inflation rates, which collectively allow it to effectively mitigate the impacts of rising global crude oil prices and ensure domestic energy security, said the finance ministry's report.
BUSINESS
Weak rupee, not oil at $80, is the ‘bigger challenge’ for FY27 fiscal math
"If the rupee keeps on depreciating, the subsidy bill for the government could increase—mainly on fertilizers," the source said.
BUSINESS
Clearance of cargoes within 24 hours as govt weighs steps to protect traders
The government is open to reviewing the restrictions it recently imposed on the RoDTEP scheme, which capped reimbursement of taxes to exporters at 50%.
BUSINESS
EPFO eyes 8.5% interest payout: Plans portfolio diversification and new fund managers
In 2025-26, CPSE and Bharat 22 ETFs provided an extended internal rate of return (XIRR) of 20.5 percent and 17.5 percent to EPFO on its investments, as per internal documents.
BUSINESS
Crude sustaining at $80 threatens to stoke CPI Inflation by 0.4%, widen CAD by 0.3-0.5%
A sharper escalation is conceivable that pushes crude towards $90–100, if the Strait of Hormuz is disrupted. This would raise the inflation risk materially and could force tighter monetary conditions, say economists.
PERSONAL-FINANCE
How market uncertainty pushed EPFO to keep interest rate unchanged for third straight year
By keeping the interest rate at 8.25%, the retirement fund body is estimated to face a loss of Rs 944 crore in 2025-26. The income earned in first 11 months of FY26 is Rs 143,149 crore, say sources
BUSINESS
As Middle East erupts, Iran's Bank Pasargad's Mumbai branch plan faces further delays
The departments of financial services and revenue are analysing RBI’s comments on allowing Bank Pasargad to open a Mumbai branch, a proposal first put forward in 2018
WORLD
Indian nationals recount 'scary' explosions as Iran strikes US Base Camp in Abu Dhabi
"We are following all the instructions of the UAE government and Indian embassy...we don't want to panic, but there is a lot of chaos at the moment," an Indian national told Moneycontrol.
WORLD
Why Iran-Israel conflict may not affect India's trade and economy
India's bilateral trade with Iran in 2024-25 stood at $1.68 billion, way lower than $17.03 billion in 2018-19. The $1.68 billion figure is 0.01 percent of India's total bilateral trade in 2024-25 -- that is, $1.74 trillion.
BUSINESS
India's growth rate revised up by 20 bps to 7-7.4% for FY27: CEA
A reduction in external uncertainties due to a framework agreement with US -- the main factor for revising growth forecast higher, said CEA
INDIA
Rising Bharat Summit: India should ask US what is in the deal for us now, says GTRI's Srivastava
Author and Policy Thinker Gurcharan Das, however, said that the government shouldn't try and re-negotiate the trade deal, says 'We have rationalised our over-regulated imported regime.'
BUSINESS
Delhi govt tells Delhi HC: Can't reschedule school sports calendar merely due to pollution
This submission was made, despite an earlier request from the court to consider shifting the outdoor sporting events to "safer months".
BUSINESS
Customs procedures must actively enable exporters to access global markets with speed and certainty: Revenue Secretary
'The biggest task before the CBIC now is that the vision embodied in policies is actually realised and genuinely felt by the industry at the grassroots,' says Arvind Shrivastava
BUSINESS
New GDP series to address IMF concerns, expect ratings to improve: Statistics Secretary Garg
The government is a looking at a five-year revision for GDP in line with the international norms, says Garg.
ECONOMY
Centre says 'fiscal consolidation' key reason behind slashing exporters' RodTEP scheme benefits
Exporters urge government to roll-back the recent restrictions on RoDTEP, as it will affect their margins
BUSINESS
Govt may go slow on further quality control order withdrawals: Officials
"There is an internal suggestion to pause issuing new QCOs on raw materials, but we can’t compromise with quality. We will evaluate on a case-to-case basis," an official told Moneycontrol, adding that the government is, however, working on changing the way quality inspections are carried out.
BUSINESS
US Supreme Court ruling prompts India to reassess trade deal provisions
The government is looking at freshly negotiating some provisions of the trade deal – so that it can get an edge over other countries, a source said
