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Economics

'Economic D-Day' Begins: US Moves to Cut Iran's Financial Lifelines

The United States is preparing to unleash a sweeping new economic offensive against Iran, with Treasury Secretary Scott Bessent describing the campaign as an “economic D-Day.” Washington says the objective is to cut off the financial and trade channels that continue to support Tehran, while also putting pressure on countries that maintain economic ties with...

India Receives $511.5 Million in FDI as New Investment Rules Take Effect

India is seeing a fresh wave of foreign investment after easing rules governing investments from countries that share a land border with the country. As many as 29 FDI proposals worth ₹4,895 crore ($511.5 million) have been received under the revised framework, signalling early investor interest in the more flexible approval mechanism.

SBI to Charge ₹15 + GST on Cash Withdrawals Beyond Four From October 1

State Bank of India (SBI) is set to introduce revised cash withdrawal charges for Basic Savings Bank Deposit (BSBD) account holders from October 1, 2026. Under the new structure, customers will continue to receive four free cash withdrawals every month, giving them a fixed number of no-charge transactions for accessing cash.

FY26 Sees First Drop in Derivatives Traders in Four Years : SEBI

India’s derivatives market witnessed a significant shift in FY26, with the number of active derivatives traders declining for the first time in four years, according to a study by the Securities and Exchange Board of India (SEBI).

₹77,877 Crore Approved to Strengthen India's Electronics Supply Chain

The Ministry of Electronics and Information Technology has approved 31 new projects worth ₹7,877 crore under the Electronics Component Manufacturing Scheme (ECMS), marking another major step in strengthening India’s domestic electronics ecosystem.

UTTAR PRADESH-JAPAN INVESTMENT SUMMIT 2026

From 19–22 August 2026, Uttar Pradesh welcomes a high-level Japanese business delegation for a significant multi-city investment engagement spanning New Delhi, Noida, Agra, Lucknow and Varanasi. The initiative brings together leading Japanese CEOs, investors, industry representatives and government stakeholders to explore the growing business and investment...

India Inc's Revenue Growth Hits 9-Quarter High

India Inc has kicked off FY27 on a strong note, with corporate revenue rising 19.4% year-on-year in Q1, marking the strongest revenue growth in nine quarters

₹10 Lakh Tax Exemption for Assam's Small Tea Growers

Assam has announced a significant tax relief measure for the state’s small tea growers, raising the agricultural income tax exemption limit to ₹10 lakh for growers with net annual agricultural income up to the revised threshold.

₹2,100 Crore Investment to Drive Guwahati's Urban Expansion

The project, envisioned as an Aerotropolis Satellite City, is aimed at supporting Guwahati’s expanding urban and economic needs while creating a new planned growth centre beyond the existing city core. The approved funding will primarily support land acquisition and initial site development, providing the foundation for the project’s next phase.

AIRIA Backs Northeast's Growing Rubber Potential

The All India Rubber Industries Association (AIRIA) has called for diversifying natural rubber sourcing across the country, highlighting the Northeast’s growing potential to become the second-largest production hub after Kerala.