CBDT launches data-driven nudge campaign for AY26, flags bogus political donations
The initiative, which is advisory in nature, requires identified taxpayers to file revised income-tax returns (ITRs) by December 31, 2025.
Tailwinds for aviation sector: Budget 2026 likely to offer incentives to small aircraft makers
The scheme has received in-principle approval from the finance ministry, as operational details are worked out
Budget 2026 likely to give Drone Shakti a boost through incentive based manufacturing scheme
Sources say proposal includes capex- and output-linked subsidies, separate from existing drone PLI scheme
Budget 2026: Centre may overhaul export-certification to cut port delays, rope in private players
The proposal seeks to open up export quality and compliance certification to private players to reduce clearance timelines at ports from about 10 days to three
Net direct tax collections till December 17 at Rs 17.04 lakh crore, up 8% YoY
As compared to the corresponding period of last fiscal year, the net direct tax collections were up 8 percent on year. This growth is lower than the projection made in the Budget.
Chart of the Day: India to be the last major growing market for coal
Coal demand and production in India are expected to grow faster than major countries
VB-G RAM–G Bill signals shift in rural jobs funding, experts raise questions on states’ capacity
Unlike MGNREGA’s Centre-heavy financing, the proposed VB-G RAM–G framework introduces a 60:40 funding model, shifting greater fiscal responsibility for rural employment to states.
From colonising Mars to measuring with Mars Bars — addressing your wilder monetary queries
In the latest of his Christmas columns, the FT’s Undercover Economist fields some of your most outlandish proposals, and concludes that there is no such thing as a stupid question
Budget 2026 likely to overhaul SEZ norms to boost local sourcing
A Rajiv Gauba-led committee has recommended easier domestic market access for SEZs, with suggestions to reduce duty distortions to enable smoother sourcing and sales
FM assures of ample fertiliser stocks in rabi season, says urea buffer raised by 20 lakh tonnes
The government has sought Parliament’s approval for Rs 18,525 crore towards fertiliser and related subsidies in the first batch of Supplementary Demands for Grants for FY26
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.
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.
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.
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.
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.
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 in the Week Ahead (December 8-12, 2025)
India’s policy overhang has just lifted, courtesy RBI. Looking ahead, the coming week has a clutch of IPOs, inflation numbers and the Fed rate call and much more. So, buckle up for the ride!
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.
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
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
UP Tech Next: Jewar airport is going to be one of the largest airports of Asia, says UP CM advisor
UP is planning an AI City in Lucknow, Awasthi said, to be developed through a public–private partnership model.
Should bullion form part of your investment portfolio in 2026?
A confluence of factors will ensure that bullion retains its lustre, even if the gains may not be as outsized in recent years
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.
July-September quarter GDP affirmation of India's strong economic resilience: Experts
The 8.2 per cent gross domestic product (GDP) growth, which follows a 7.8 per cent expansion in the preceding April-June quarter, helped India retain the title of the world's fastest-growing major economy.
