NEW DELHI: The ministry of heavy industries (MHI) will on 7 April hold a pre-bid consultation on the recently floated request for proposals (RFP) under its ₹7,280-crore scheme to incentivise…
Category: Economy
Govt eases fund release rules for centrally sponsored schemes
New Delhi: In a move aimed at speeding up fund releases under centrally sponsored schemes and reducing delays in utilization, the government has introduced a new fund flow mechanism, allowing…
India’s manufacturing registers weakest growth in nearly four years: PMI survey shows
India’s manufacturing sector expanded at its weakest pace in nearly four years in March 2026, as rising cost pressures, intense competition, heightened uncertainty and the war in West Asia weighed…
CBDT refines GAAR exemption clause for pre-2017 investments
The Central Board of Direct Taxes (CBDT) has clarified that investments made in India before 1 April 2017 are outside the scope of the anti-abuse rule General Anti Avoidance Rules…
Govt removes import duty on 41 items effective today – Check full list of items here
The government on Thursday exempted import of critical petrochemical products from customs duty to ensure supply stability and provide relief to consumers of final products amid the crisis in West…
Emerging market rankings: India climbs to second spot in February, China reclaims crown
India moved up to second place in Mint’s Emerging Market Tracker (EMT) for February 2026, climbing three spots from January amid strong domestic indicators. China reclaimed the top position after…
Oil prices are still high. Why that could actually help stocks and lower inflation.
War has dented the outlook for U.S. economic growth, but investors who think that’s a sign to short the market should think again. Even with hopes that the Iran war…
Scrutiny of pre-bankruptcy deals of businesses expanded: Nirmala Sitharaman
New Delhi: Amendments to the Insolvency and Bankruptcy Code (IBC) expand the scrutiny over pre-bankruptcy transactions of distressed companies to cover a longer period, finance and corporate affairs minister Nirmala…
Govt extends support for textile exporters as global uncertainty persists
New Delhi: The government on Wednesday extended a key export incentive scheme for apparel, garments, and made-ups till 30 September, aiming to support the labour-intensive amid global uncertainties triggered by…
Infrastructure boom drives rail freight to record 1,670 mt in FY26 as steel, cement loading rises
The Indian Railways has achieved a milestone in freight performance during 2025–26, setting a new record in cargo transport and further strengthening its role as the backbone of the nation’s…