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FY26 capex loan outlay may go up after review

New Delhi, July 23 -- The Centre is considering a higher allocation for FY26 under its 50-year interest-free capital expenditure loan for states, the Special Assistance to States for Capital Expenditu... Read More


ADB lowers India's FY26 growth forecast to 6.5% on US tariff impact, policy uncertainty

New Delhi, July 23 -- The Asian Development Bank (ADB) has trimmed its GDP growth forecast for India to 6.5% for FY26, down from its April estimate of 6.7%, due to concerns over the potential impact o... Read More


Income tax bill a step away from law, panel flags fixes

New Delhi, July 22 -- India's most significant direct tax reform in over six decades moved a step closer to becoming law on Monday, with a Lok Sabha select committee submitting its report on the draft... Read More


June Core sector output grows at quickest pace in three months

New Delhi, July 22 -- The output of eight core infrastructure sectors, which account for two-fifths of India's industrial output, expanded 1.7% annually in June, its quickest in three months, accordin... Read More


Indian cities at climate crossroads, urgent action needed, says World Bank

New Delhi, July 22 -- India must urgently scale up investments in climate-resilient urban development to protect its cities from mounting climate risks and unlock long-term economic growth, the World ... Read More


EPFO sees an all-time high net payroll addition at over two million in May

New Delhi, July 21 -- India's formal job market saw a significant boost in May 2025, with the Employees' Provident Fund Organisation (EPFO) recording a net payroll addition of over two million, the hi... Read More


India's core sector output grows 1.7% in June

New Delhi, July 21 -- The output of eight core infrastructure sectors, which account for two-fifths of India's industrial output, expanded by 1.7% in June, according to provisional data released on Mo... Read More


Lok Sabha panel flags fixes in draft Income Tax Bill, backs simplification agenda

New Delhi, July 21 -- India's most significant direct tax reform in over six decades moved a step closer to becoming law on Monday, as the Select Committee of the Lok Sabha submitted its report on the... Read More


India's trade with Turkey and Azerbaijan slumps in May amid diplomatic strain

New Delhi, July 18 -- India's goods trade with Turkey and Azerbaijan declined sharply in May as diplomatic tensions likely spilled over into commercial ties following their public support for Pakistan... Read More


Piyush Goyal urges Indian missions abroad to sharpen trade strategy, push exports

New Delhi, July 17 -- Commerce and industry minister Piyush Goyal on Thursday urged Indian missions to ensure sharper trade intelligence, stronger global partnerships, and a coordinated push to boost ... Read More