Category: business

Government Cuts Export Duties on Petrol, Diesel and ATF

New Delhi, August 15, 2026: The Centre has reduced export duties on petrol, diesel and aviation turbine fuel (ATF), with the revised rates coming into effect from Saturday. The move follows the government’s latest fortnightly review of petroleum product export levies. Under the revised structure, the export duty on...

FM Sitharaman Meets 86 PM Internship Scheme Interns, Highlights Pathways to Jobs

New Delhi, August 15, 2026: Union Finance and Corporate Affairs Minister Nirmala Sitharaman interacted with 86 interns from 24 partner companies under the Prime Minister Internship Scheme (PMIS), discussing their workplace experiences, skills gained and career aspirations. The interaction highlighted how industry exposure is helping young people move beyond...

Nifty, Sensex End Week Lower as Rising Crude Prices Pressure Markets

Mumbai, August 15, 2026: Indian equity markets ended the week on a weaker note, with the Nifty 50 declining 0.8% to 24,366 and the BSE Sensex falling 0.6% to 78,009.25. The decline ended a two-week run of gains for both benchmark indices. Rising crude oil prices emerged as a...

India’s Goods Exports Surge Nearly 20% in July Despite Global Uncertainty

New Delhi, August 14, 2026: India’s merchandise exports rose 19.63 per cent year-on-year to $44.24 billion in July 2026, marking a strong recovery in outbound trade despite geopolitical tensions and disruptions affecting global supply chains. The July performance was supported by strong shipments of petroleum products, electronics and engineering...

India’s July Exports Cross $80 Billion as Global Shipments Gain Momentum

New Delhi, August 14, 2026: India’s combined exports of merchandise and services rose 13.31 per cent year-on-year to $80.14 billion in July 2026, signalling continued strength in the country’s external trade despite global economic and geopolitical pressures. The growth was supported by a sharp rise in merchandise shipments, which...

NITI Aayog Identifies Four Sectors That Could Drive India’s Manufacturing Ambitions

New Delhi, August 14, 2026: NITI Aayog has identified chemicals, textiles, telecom and networking equipment, and solar photovoltaic (PV) manufacturing as four high-potential sectors that could play a central role in strengthening India’s position in global manufacturing. The policy think tank’s report focuses on sectors where targeted policy interventions,...

Centre releasesRs.605.71 Crore to Strengthen Agriculture in Rajasthan and Telangana

New Delhi, August 14, 2026: The Centre has approved a combined allocation of ₹605.71 crore for Rajasthan and Telangana under the Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) and the Krishonnati Yojana, aimed at supporting agricultural development and farmer-focused initiatives. Rajasthan will receive ₹340.59 crore, while ₹265.12 crore has...

SEBI Eyes Wider Accredited Investor Pool With ₹5 Crore Securities Threshold

Mumbai, August 14, 2026: The Securities and Exchange Board of India (SEBI) has proposed a new framework that could make it easier for financially sophisticated investors to qualify as accredited investors, with securities-market holdings emerging as an alternative eligibility criterion. Under the proposal, an individual with ₹5 crore or...