Economy

Over 25 Lakh Crore To Be Transferred To States In FY27, Up 2.7% From FY26: FM Sitharaman

The persistent surplus has kept overnight money market rates under pressure, often trading below the repo rate, and this may prompt the central bank to consider active liquidity management measures.

India's gross direct tax collection increased 4.09% to Rs 22.78 lakh crore till February 10 of FY26.

Across sectors, optimism is back, but exporters say execution details will determine how much of the opportunity India ultimately captures.

The changes follow public remarks by Commerce and Industry Minister Piyush Goyal, who rejected the idea that India was under any obligation to import a fixed quantum of US goods.

Asian stocks stayed near record highs ahead of the US jobs report, with weak retail sales fueling expectations of Federal Reserve rate cuts later this year.

Trump was actually reflecting on his decision to pick the Fed chair in 2017, during the first term of his presidency.

Will Indian exporters suffer on account of the US offering zero duties on select Bangladeshi textile and apparel products? Tax Compaas CEO Ajay Rotti weighs in.

Foreign Minister Sergey Lavrov also accused the US of using "unfair methods" to suppress competitors by imposing sanctions on Russian oil companies.

The RBI had announced the review of the lending norms for Urban Co-operative Bank in the February monetary policy.

The most fundamental issue is the risk of substituting other governmental schemes and duties.

As India moves toward Viksit Bharat 2047 and Net Zero 2070, the power sector's growth will determine whether growth can be both inclusive and sustainable.

Foreign holding in State Bank of India stood at 11.07% at end of March 2025, the highest in state-owned banks.

Central government employees in Levels 1-5 are expected to receive substantial arrears under the 8th Pay Commission.

India aims to replicate parts of a critical minerals agreement it signed with Germany in January, which covers exploration, processing and recycling, the report said.

ASML's decision to deepen its Vietnam presence has sparked questions around India's semiconductor strategy. The contrast reveals how supply chains, not announcements, shape where advanced manufacturing takes root.

The report also showed consumers grew more sanguine about the short-term inflation outlook.

Participating in the Rajya Sabha debate on the Union Budget 202627, Chadha said that the Securities Transaction Tax (STT) which is increased in this year's Budget had originally been introduced as a replacement for LTCG.

The two countries will also continue negotiations to address remaining issues, including services and investment, labour and government procurement, it said.

The MSCI Asia Pacific Index rose 0.5% to another record, while Japan's Nikkei 225 Index extended its election-fueled rally, gaining 1.8% to an all-time high