Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s real GDP has been estimated to have grown by 8.2% in the July-September quarter of the current financial year 2025-26 over the growth rate of 5.6% in the same quarter of the previous fiscal, official data showed on Friday (November 28, 2025). The…
Representational image only. File | Photo Credit: Reuters “India’s industrial production data for October 2025 will be released on December 1, 2025,” an official statement said on Friday (November 28, 2025). The All India Index of Industrial Production (IIP) data is usually released on the 28th of every month or the next working day if…
Former Delhi CM and AAP National Convenor Arvind Kejriwal | Photo Credit: ANI Former Chief Minister Arvind Kejriwal on Friday (November 28, 2025) demanded that the Central government immediately remove 18% GST imposed on air and water purifiers, in view of the worsening air quality in Delhi-NCR. In a post on X in Hindi, he…
A view of the International Monetary Fund. | Photo Credit: Reuters The Indian government has objected to the International Monetary Fund’s (IMF) baseline assumption that the U.S.’ 50% tariffs would continue, saying they would not remain in place “indefinitely”. The government added that the IMF’s assessment of the growth impact of the tariffs was “on…
The International Monetary Fund logo is seen outside the headquarters building in Washington. Image used for representation purpose only. | Photo Credit: Reuters The International Monetary Fund’s (IMF) annual review has given India’s national accounts statistics, which includes key figures such as Gross Domestic Product (GDP) and Gross Value Added (GVA), a grade of ‘C’,…
Representational image of a taxpayer filing returns | Photo Credit: Getty Images The Income Tax department on Thursday (November 27, 2025) said it has identified “high-risk” cases where individuals have not reported foreign assets in the income tax returns (ITRs) filed for Assessment Year (AY) 2025-26. The Department will start sending SMS and emails to…
In a move that could reshape India’s electric mobility and electronics industries, the Union Cabinet has approved a ₹7,280-crore scheme to manufacture rare earth permanent magnets domestically. The scheme would facilitate the creation of integrated Rare Earth Permanent Magnet (REPM) manufacturing facilities, involving the conversion of rare earth oxides to metals, metals to alloys, and…
Representational image of Union Commerce and Industry Minister Piyush Goyal with UAE Economy Minister Abdulla bin Touq Al-Mari | Photo Credit: PTI India and the United Arab Emirates (UAE) have discussed issues related to market access, data sharing, allocation of gold import quota, anti-dumping, and services to boost economic ties, the Commerce Ministry said on…
Ms. Gupta also spoke about initiatives brought in by the RBI to disseminate data. She said that the balance of payments (BoP) data is soon expected to be released on a monthly basis. Photo: X/@PIBMumbai “There is no systemic bias in the central bank’s inflation forecast,” said Poonam Gupta, Deputy Governor of RBI, adding that reducing…
Union Minister Ashwini Vaishnaw during Cabinet decision briefing on November 26, 2025. Photo: YouTube/PIB India The Union Cabinet on Wednesday (November 26, 2025) approved the ‘Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets’ with a financial outlay of ₹7,280 crore. At present, India’s demand for REPMs is met primarily through imports. “This first-of-its-kind…
