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India's Coal Imports Drop To 104.57 MT In August From 111.05 MT

New Delhi, Nov. 2 -- India's coal imports declined 5.83 per cent year-on-year to 104.57 million tonnes (MT) in August 2026, from 111.05 MT in the corresponding month last year, according to data relea... Read More


Manufacturing PMI Slips to 54.7 in October as Domestic Demand, Hiring Moderate; Export Demand Rises: HSBC India

New Delhi, Nov. 2 -- India's manufacturing sector remained in expansion territory in October, although growth in output and new orders moderated. Stronger export demand supported activity, while input... Read More


Madhya Pradesh To Develop 30 New Industrial Areas, Provide Plots To 5,000 Industries By 2028

Bhopal, Nov. 2 -- Madhya Pradesh plans to develop 30 new industrial areas and provide industrial plots to 5,000 industries by 2028 as part of efforts to improve land availability and infrastructure fo... Read More


Strong Corporate Tax Collections May Help India Meet FY27 Fiscal Deficit Target: Goldman Sachs

New Delhi, Nov. 2 -- The Centre is likely to meet its fiscal deficit target of 4.3 per cent of GDP for FY27 despite the deficit reaching 42.6 per cent of the full-year budget estimate in the first six... Read More


Windfall Tax on Diesel, ATF Exports Hiked; Petrol Levy Scrapped

New Delhi, Nov. 2 -- The government has raised the windfall gains tax on exports of diesel and aviation turbine fuel (ATF), while reducing the levy on petrol exports to zero for the fortnight beginnin... Read More


India Must Build Semiconductor Manufacturing, Materials And R&D Capabilities: SCL Director General

New Delhi, Oct. 31 -- India needs to strengthen its capabilities across the semiconductor value chain, including manufacturing, materials, research and specialised skills, to reduce dependence on fore... Read More


Bank Credit to Services Sector Surges 28.3% in September, Industry and Agriculture Grow 19.5%: RBI

New Delhi, Oct. 31 -- Bank lending to India's services, industrial and agricultural sectors accelerated in September 2026, with services credit growing 28.3 per cent and industrial and agricultural cr... Read More


Long-Duration Energy Storage Key to Meeting India's 500 GW Non-Fossil Capacity Target by 2030: Report

New Delhi, Oct. 31 -- India's target of achieving 500 GW of non-fossil fuel energy capacity by 2030 will depend on scaling up long-duration energy storage (LDES), with the proposed viability gap fundi... Read More


Gold Holdings Drag India's Forex Reserves Down by USD 1.27 Bn to USD 719.75 Bn: RBI

New Delhi, Oct. 31 -- India's foreign exchange reserves declined by USD 1.269 billion to USD 719.748 billion in the week ended October 23, according to data released by the Reserve Bank of India (RBI)... Read More


Services Exports Rise 7.2% YoY to USD 39.3 Bn in September, Down from 13.7% in August: RBI

New Delhi, Oct. 31 -- India's services exports increased 7.2 per cent year-on-year (YoY) to USD 39.305 billion in September 2026, although growth moderated from 13.7 per cent in August, according to d... Read More