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Net direct tax collections rise 11.8% to Rs.14.42 trillion, corporate tax leads

New Delhi, Nov. 11 -- India's net direct tax collections rose 11.76% year-on-year to Rs.14.42 trillion as of 10 November in FY27, with corporate tax receipts providing the biggest boost, growing 17.8%... Read More


Moody's raises India's FY27 growth forecast to 7%

New Delhi, Nov. 11 -- New Delhi: Moody's Ratings has raised its 2026-27 growth forecast for India's economy to 7% from 6.5%, citing resilient consumption, improving investment dynamics and the economy... Read More


Budget 2027: Manufacturers seek lower duties on raw materials to cut costs

New Delhi, Nov. 11 -- Manufacturers are seeking lower import duties on raw materials and intermediate goods in the budget for 2027-28, arguing that high input costs are hurting domestic production and... Read More


Union cabinet raises rabi fertilizer subsidy by 64% to Rs.62,370 crore

NEW DELHI, Nov. 11 -- The Centre has approved a 64% year-on-year increase in fertilizer subsidies for the ongoing rabi season to Rs.62,370 crore, as it seeks to keep farm input costs affordable amid v... Read More


NLMC puts 11 govt flats in Prayagraj up for e-auction

New Delhi, Nov. 10 -- New Delhi: Eleven government flats in Uttar Pradesh's Prayagraj are going under the hammer. The National Land Monetisation Corporation (NLMC) will hold an online auction of the f... Read More


Govt to identify rainfed areas to boost pulses production, check prices

New Delhi, Nov. 10 -- After India's gram (chana) imports fell in FY26 from a record high a year earlier, the government is stepping up efforts to strengthen domestic production of the pulse and furthe... Read More


Now BIS trains its guns on root canal treatment materials

New Delhi, Nov. 8 -- New Delhi: With more than 15 million root canal treatments estimated to be performed in the country every year, the Bureau of Indian Standards (BIS) has proposed revised specifica... Read More


No fresh curbs on broken rice exports as India banks on steady paddy procurement

New Delhi, Nov. 7 -- Despite a surge in international prices, India is unlikely to impose fresh restrictions on broken rice exports, banking instead on comfortable foodgrain stocks and steady paddy pr... Read More


Centre advances Rs.1.09 trillion tax transfer to states amid festival season spending

NEW DELHI, Nov. 5 -- The Union government on Thursday released Rs.1.09 trillion to states as their share of central taxes, advancing the monthly transfer by five days to help them meet festival season... Read More


States stretch debt maturities to ease repayment pressure

New Delhi, Nov. 5 -- State governments are increasingly spreading their debt repayments over longer periods, reducing the share of borrowings that need to be refinanced in the near term. The weighted... Read More