Economy News

CBDT Acts Upon Intermediaries Involved In Bogus ITR Deductions: Govt

CBDT Acts Upon Intermediaries Involved In Bogus ITR Deductions: Govt

The CBDT said that it carried out follow-up searches against some of these RUPPs and Trusts and gathered incriminating evidence in respect of bogus donations by individuals and bogus CSR by companies

Dec 13, 2025, 16:47 PM IST
CPI Inflation To Average 2.5% In FY26, GST Cuts To Support Core Inflation: Report

CPI Inflation To Average 2.5% In FY26, GST Cuts To Support Core Inflation: Report

Core inflation excluding gold — a better indicator for measuring demand-side price pressures and assessing the impact of goods and services tax (GST) rationalisation — eased slightly again in

Dec 13, 2025, 15:07 PM IST
UK Trade Pact Doesn’t Restrict India’s Use 0f Compulsory Licensing In Any Form

UK Trade Pact Doesn’t Restrict India’s Use 0f Compulsory Licensing In Any Form

The CETA reaffirms the rights of both parties to utilise all flexibilities available under the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement, including compulsory licensing

Dec 13, 2025, 14:45 PM IST
India Grows, But Not Everywhere: NITI Aayog Flags A Widening Regional Divide

India Grows, But Not Everywhere: NITI Aayog Flags A Widening Regional Divide

According to the latest NITI Aayog reports on India’s services sector and state-level economic performance, the services industry now drives most of the country’s economy.

Dec 13, 2025, 12:17 PM IST
BSE, Department Of Posts Enter Agreement To Expand Mutual Fund Access Across India

BSE, Department Of Posts Enter Agreement To Expand Mutual Fund Access Across India

The StAR MF platform handles more than 85 per cent of exchange‑based mutual fund transactions and records over 7 crore transactions monthly — to extend investor access into rural and semi‑urban areas

Dec 12, 2025, 20:40 PM IST
Historic Surge: Silver Breaks Rs 2 Lakh Mark, Gold At New Peak — Here’s Why

Historic Surge: Silver Breaks Rs 2 Lakh Mark, Gold At New Peak — Here’s Why

Silver has been on a powerful upward run, fuelled by rising industrial demand, shrinking global stockpiles and growing interest from investors. Additional triggers including US Federal Reserve rate

Dec 12, 2025, 20:28 PM IST
India's Seafood Exports Up 14% In April-Oct, Shrimp Exports To US Robust In 5 years

India's Seafood Exports Up 14% In April-Oct, Shrimp Exports To US Robust In 5 years

MPEDA is also conducting sensitisation programmes on various FTAs to help exporters utilize new opportunities.

Dec 12, 2025, 18:49 PM IST
India’s Forex Reserves Up By $1.03 Billion To $687.26 Billion, Gold Reserves Jump

India’s Forex Reserves Up By $1.03 Billion To $687.26 Billion, Gold Reserves Jump

The Reserve Bank of India (RBI) routinely monitors developments in the foreign exchange market and undertakes interventions when necessary to preserve orderly trading conditions. India witnessed an

Dec 12, 2025, 18:38 PM IST
Cabinet Approves CoalSETU Window: Auction Of Coal Linkages For Diverse Industrial Uses And Exports

Cabinet Approves CoalSETU Window: Auction Of Coal Linkages For Diverse Industrial Uses And Exports

The Policy will allow allocation of coal linkages on auction basis on long-term for any industrial use and export by adding a separate window named CoalSETU in the NRS (Non-Regulated Sector) Linkage

Dec 12, 2025, 17:14 PM IST
Cabinet Approves Minimum Support Price For Copra For 2026 Season

Cabinet Approves Minimum Support Price For Copra For 2026 Season

A higher MSP will not only ensure better remunerative returns to the coconut growers but also incentivize farmers to expand copra production to meet the growing demand for coconut products both

Dec 12, 2025, 17:03 PM IST
Sensex, Nifty Extend Gains As Metal Stocks Rally

Sensex, Nifty Extend Gains As Metal Stocks Rally

Sector-wise, the Nifty Metal index led the rally with a jump of 2.63 per cent, followed by realty, consumer durables and oil and gas. The FMCG and media sectors slipped into the red. Meanwhile,

Dec 12, 2025, 16:13 PM IST
100% FDI In Insurance Gets Cabinet Approval; Bill Likely In Parliament Next Week: Reports

100% FDI In Insurance Gets Cabinet Approval; Bill Likely In Parliament Next Week: Reports

The Insurance Amendment Bill is most likely going to be introduced in Parliament next week.

Dec 12, 2025, 15:37 PM IST
Gold Edges Higher To Rs 1,32,599 Per 10 Grams, Silver Slips After Record High

Gold Edges Higher To Rs 1,32,599 Per 10 Grams, Silver Slips After Record High

Both metals rallied after the US Federal Reserve cut its benchmark interest rate by 25 basis points and hinted at the possibility of another rate cut next year.

Dec 12, 2025, 12:20 PM IST
Price Of LPG Cylinder In India Vs Pakistan, Sri Lanka, Nepal: How Much Do Customers Have To Pay?

Price Of LPG Cylinder In India Vs Pakistan, Sri Lanka, Nepal: How Much Do Customers Have To Pay?

In a written reply to a question in the Lok Sabha, Petroleum and Natural Gas Minister Hardeep Singh Puri tabled data showing the effective price of a 14.2 kg LPG cylinder in India.

Dec 12, 2025, 11:59 AM IST
ICICI Prudential AMC Opens Today: Check Lot Size, Price Band And Other Details Before Investing

ICICI Prudential AMC Opens Today: Check Lot Size, Price Band And Other Details Before Investing

Here are ten points you should know about the ICICI Prudential Asset Management Company issue.

Dec 12, 2025, 08:29 AM IST
Mexico Slaps 50% Tariffs On India: Which Sectors Will Be Hit, How $1 Billion Exports Hangs By A Thread

Mexico Slaps 50% Tariffs On India: Which Sectors Will Be Hit, How $1 Billion Exports Hangs By A Thread

Countries without trade deals with Mexico, including India, China, South Korea, Thailand and Indonesia, face hefty import levies starting 2026.

Dec 12, 2025, 04:24 AM IST
Price Of LPG In India Is Much Lower Than Pakistan, Sri Lanka & Nepal: Hardeep Puri

Price Of LPG In India Is Much Lower Than Pakistan, Sri Lanka & Nepal: Hardeep Puri

In order to provide more LPG for cooking in rural and remote areas, oil marketing companies (OMCs) have commissioned 8,017 distributorships, from April 1, 2016, to October 31, 2025, across the

Dec 11, 2025, 19:50 PM IST
NSE Warns Investors Against 5 Individuals Running Unauthorised Investment Tip Channels

NSE Warns Investors Against 5 Individuals Running Unauthorised Investment Tip Channels

The exchange said that these persons offer to handle investors' trading accounts, assuring them guaranteed returns. They operate through YouTube channels -- Profit Trading, Trade Room Official,

Dec 11, 2025, 17:02 PM IST
Sensex, Nifty Rebound After Fed Rate Cut, End 3-Day Losing Streak

Sensex, Nifty Rebound After Fed Rate Cut, End 3-Day Losing Streak

The move boosted investor sentiment and lifted key indices across the board. At the closing bell, the Sensex closed 426.86 points higher at 84,818.13, gaining 0.51 per cent.

Dec 11, 2025, 16:11 PM IST
Gold, Silver To Sustain Rally In 2026 Amid Headwinds: Report

Gold, Silver To Sustain Rally In 2026 Amid Headwinds: Report

Higher real yields, a stronger US dollar, higher global growth, reduced inflationary pressures, and hawkish US policy stance may erode demand, it cautioned. Regarding silver's outlook in 2026,

Dec 11, 2025, 14:04 PM IST