World Food India attracts ₹1.02 lakh crore in food processing sector by global, domestic giants

The government has signed agreements with 26 overseas and domestic firms during the ‘World Food India’ summit for investments worth ₹1.02 lakh crore in India’s food processing sector. The summit, organised by the Ministry of Food Processing Industries, was held at Bharat Mandapam in the national capital from September 25 to 28. In an official…

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Analysing Indian States’ macro-fiscal health

When India’s national auditor, the Comptroller and Auditor General (CAG), released a decadal analysis on States’ macro-fiscal health, one headline somehow travelled faster than anything else highlighted in the study — Uttar Pradesh, long labelled as a backward State lagging in fiscal performance, was said to have recorded a revenue surplus of ₹37,000 crore. This…

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GST Council did not even discuss the issue of compensating States for revenue loss: Telangana and Kerala

K.N. Balagopal, Finance Minister of Kerala (Right) with Bhatti Vikramarka Mallu, Deputy Chief Minister of Telangana (2nd Right) and T.C.A. Sharad Raghavan, Economic and Business Editor of The Hindu seen during, ‘The Hindu Mind’ , in New Delhi on September 15, 2025. | Photo Credit: Sushil Kumar Verma The GST Council did not discuss the…

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Government says India held ‘constructive’ meetings in the U.S., does not reveal date of next official meeting

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The Indian delegation led by Commerce Minister Piyush Goyal held “constructive” meetings with officials in the US government during its visit to New York this week, the Ministry of Commerce and Industry said in a statement.  It added that the two sides also discussed…

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RBI mandates tougher authentication process for digital transactions 

The latest RBI directions are applicable to Payment System Providers, Payment System Participants (banks and non-banks) and all domestic digital payment transactions. | Photo Credit: Getty Images/iStockphoto The Reserve Bank of India (RBI), to further secure digital payments transactions, has mandated introduction of additional risk-based checks beyond the minimum two-factor authentication by leveraging upon technological advancements….

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The Hindu Mind LIVE: Telangana Dy CM Bhatti Vikramarka Mallu, Kerala FM K.N. Balagopal to speak on GST implementation

Welcome to the live coverage of the latest edition of The Hindu Mind series.  The guests for today are Telangana Deputy Chief Minister Bhatti Vikramarka Mallu and Kerala Finance Minister K.N. Balagopal, who will be speaking about the Goods and Services Tax (GST) and its implementation in the country. They were two of the eight…

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Cabinet approves ₹69,725 crore package to revitalise shipbuilding, maritime ecosystem

The Union Cabinet on Wednesday (September 24, 2025) approved a ₹69,725 crore package to revitalise India’s shipbuilding and reduce dependence on foreign ships as part of the government’s plan to regain the country’s maritime power. According to an official statement, the package introduces a four-pillar approach designed to strengthen domestic capacity, improve long-term financing, promote…

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