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Page-7 of Economy, Finance and Business

India Fiscal Deficit Risks Rise Amid West Asia Conflict

India’s fiscal deficit may exceed the budgeted target in the current financial year and touch 4.5 per cent of GDP, as higher energy prices and policy responses to...

 April 24, 2026

RoDTEP, RoSCTL Export Incentives Digitised

The Remission of Duties and Taxes on Exported Products (RoDTEP) scheme and the Rebate of State and Central Taxes and Levies (RoSCTL) scheme are export incentive mechanisms in...

 April 24, 2026

India-US Trade Talks End

The India-US bilateral trade agreement talks concluded in Washington, D.C., on 22 April 2026 after three days of negotiations. The Indian delegation had 12 members and was led...

 April 23, 2026

Private Sector Growth Rises

India’s private sector activity accelerated in April 2026, with the HSBC Flash India Composite PMI Output Index rising to 58.3 from 57.0 in March 2026. The manufacturing sector...

 April 23, 2026

India’s Rice Exports Decline

India’s rice exports declined by 7.5% to USD 11.53 billion in 2025-26. The fiscal year 2024-25 had recorded rice exports of 20.1 million tonnes valued at USD 12.5...

 April 23, 2026

Fake GST Billing Racket Busted

On 22 April 2026, the Enforcement Wing (South Zone) of the Commercial Taxes Department, Government of Karnataka, arrested Mohammed Tauqeer in Bengaluru. He is alleged to be one...

 April 23, 2026

Special Vessels to West Asia

India’s Commerce Department is working with the Shipping Corporation of India and other agencies to operate special vessels to West Asia. The plan is linked to lower freight...

 April 23, 2026

Ethanol Blending in ATF

India permitted the blending of ethanol and other synthetic hydrocarbons in Aviation Turbine Fuel (ATF) through a notification issued on 17 April 2026. The change was made under...

 April 23, 2026

India’s Ultra-Rich Population Rises

India’s ultra-high-net-worth individual (UHNWI) population, defined as individuals with a net worth of US$30 million or more, is projected to rise to 25,217 by 2031. India ranked sixth...

 April 23, 2026

Why AI Data Centres are Facing Backlash?

Artificial intelligence data centres are large computing facilities that store, process and distribute digital data for cloud services, machine learning and internet platforms. In 2025 and 2026, several...

 April 22, 2026

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