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…
Category: Economy
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…
Net GST revenue hits ₹1.78 trillion in March, highest since April 2025 peak
Central and state governments collected ₹1.78 trillion in net GST revenue this March after adjusting for tax refunds, an 8.2% annual increase and the highest monthly total since the record…
Urban households mostly use LPG, while rural households rely on firewood, too
Having risen steadily over time, the share of Indian households who use liquefied petroleum gas (LPG) as their primary source of fuel for cooking is now at 60% as of…
India tightens footwear rules to curb toxic chemicals, aid exports push
New Delhi: India has tightened chemical safety norms in the footwear sector, with the Bureau of Indian Standards (BIS) issuing voluntary standards to detect hazardous substances in footwear materials. The…
Jet fuel prices double across metros, commercial LPG prices up around ₹200
Amid elevated global crude prices, state-run oil marketing companies have nearly doubled aviation turbine fuel (ATF) prices for April, raising costs sharply for airlines. In the national capital, the price…
India accelerates e-bus drive amid fuel risks, new 3k unit tender by June
New Delhi: India plans to float a fresh tender for over 3,000 electric buses by June, according to people aware of the development. This is set to be launched just…
India warns against forced rules, flags WTO legitimacy risks at ministerial meet
India has said that credibility of the World Trade Organization (WTO) depends on consensus-based decision-making, calling for reforms that are transparent and inclusive to address challenges such as divisions among…
In a fillip for e-commerce export, India eases norms for couriers
New Delhi: India has removed the ₹10 lakh cap on export by courier firms and enabled the return of uncleared parcels to senders from 1 April, easing shipment constraints and…