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If India manages only 400 GW of non-fossil capacity by 2030, it could face power shortage and need additional 10-16 GW of coal capacity, the Council on Energy, Environment and Water study has said
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The government aims to utilise land from closed pharma units for healthcare and education infrastructure in Telangana, West Bengal and Uttarakhand. It has roped in NIPER, a government-owned pharmaceutical research body, to redevelop the land in Hyderabad.
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Weak consumption trend can depress oil prices as supply is poised to increase
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It says that authorities will review existing policies for 180 days during which new investigations under Foreign Corrupt Practices Act won’t be enforced. The order doesn’t take away the American AG’s power to start a new investigation nor does it make earlier cases vanish. Its aim is to secure US strategic interests. While there may be temporary relief, it’s essential that companies operating in India continue to prioritize anti-corruption efforts
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The Ministry of Steel had proposed merging NMDC with KIOCL, and the proposal was submitted to the Ministry of Finance around December 2024.
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The MCA is likely to act on the findings and may even refer the case to the Serious Fraud Investigation Office, depending on the complexity and scale of the suspected violations.
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For now, the government may focus on wafers and ingots while allowing polysilicon to be imported, as India doesn’t have the capacity to produce the ultra-refined material
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While US exports to India have gone up 25 times in the last 30 years, imports have gone up 38 times
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In June 2023, the ministry of corporate affairs ordered an investigation against Hero MotoCorp to look into allegations of fund diversion and corporate governance violations
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The Hoysala dynasty's architectural wonders, beyond those in Belur, Halebid and Somnathpur, face neglect and theft. Despite being listed as ‘protected’, many lesser-known sites remain vulnerable. Experts stress the need for wider preservation efforts beyond the iconic landmarks
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Higher tariffs on Chinese goods may lead to an influx of cheaper Chinese imports into India, which could disrupt Indian businesses.
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Amid recent market fluctuations, Economic Affairs Secretary Ajay Seth reaffirmed the government's commitment to uniform tax treatment across asset classes.
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Only half of India’s 36 states and union territories have initiated smart meter installations so far. A government official said smart meters being a new concept, there were delays in issue of tenders and establishment of direct debit facility.
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The declarations came as part of the Central Board of Direct Taxes’ (CBDT) Compliance-Cum-Awareness Campaign, aimed at encouraging voluntary disclosures of offshore wealth and income.
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Slowing bank credit growth, sustained FII outflows, and elevation valuations of Indian equities add to the cautious outlook. As investor sentiment weakens, household spending patterns could shift, affecting demand across key sectors in FY26, say economists.
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Tax officials can access communication platforms like emails, WhatsAapp and Telegram if they have a reason to believe that a person has concealed cryptocurrency or other taxable income.
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Crackdown on financial misconduct intensifies as SFIO investigates fund diversion, regulatory breaches in companies with Chinese investment.
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Prime Minister Narendra Modi calls for focus on export opportunities, R&D and modernisation to give a boost to the manufacturing sector
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The government plans to update its model Bilateral Investment Treaty framework to attract foreign investments while safeguarding regulatory interests
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V Anantha Nageswaran has said it is vital for India to sustain growth over the next few years as the world economy faces pressure
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These efforts come amid plans to bring down the overall debt-to-GDP ratio of the Centre and states by improving the quality of expenditure and by tempering Centre’s borrowings from the market. Meanwhile, several Indian states are increasing their expenditure on subsidies and welfare schemes, potentially at the expense of capital expenditure.
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The western region, which includes Mumbai and Pune, have the highest number of the pending cases
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"Some progress was made by the 15th Finance Commission, and hopefully, we will try and make more progress. It is a recognised problem."
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The growth rate needed for per capita income growth is 7.3 percent to achieve $14,000 by 2047. With India’s per capita income in 2023-24 standing at $2,570, Panagariya emphasised that there is substantial room for further increase.
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The move signals a broader effort to enhance the collection, processing, and management of statistics for improved fiscal transparency and governance.
