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Latest Macro Economy News & Updates | The HinduBusinessLine

RBI MPC Meet 2026 LIVE: Will RBI Guv keep repo rate on hold? MPC decisions to be announced at 10 am today Domestic Strength Shields India from $114 Oil Shock: PMEAC Chairman S Mahendra Dev Micro-Economic Impact of Budget: Panelists concerned over state finances, laud fiscal consolidation Infrastructure spending gets a leg-up with govt capex pegged at ₹12.2 lakh crore in 2026-27 Budget Raise Urea MRP, pay fertiliser subsidy to farmers, says Survey Data from more urban, rural markets from 12 big cities to used for new CPI series Cyclone Ditwah retains status, winds to wind down I-T dept eyes 25,000 cases under Nudge Campaign for declaration of foreign assets, income GST rate cut, domestic demand can shield India from Trump tariffs Customs imposes penalties on 2 firms for irregularities in organic rice exports GST Council likely to meet soon after winter session, insurance to be in focus India withstood geopolitical shocks; will navigate future uncertainties too: MPC’s Jayanth R Varma India has no plans to import wheat for now - Piyush Goyal After weak December quarter, winter products begin seeing an uptick in demand Telangana attracted ₹2.60 lakh crore investment during 2014-23 Indian economy to exceed growth estimates after strong Q2 beat: economists Prolonged Persian Gulf crisis can affect India’s economic activity: FinMin How a Dharavi-based housemaid inspired rural financial start-up Jai Kisan India’s UPI is an exemplar for the world: Eswar Prasad A single adverse weather event such as El Niño may not be a threat to macroeconomic stability, RBI Bulletin Karnataka CM Siddaramaiah to flag off bl’s MSME Growth Conclave Wholesale inflation declines to 90-month low of -3.48% in May Strategic disinvestment: CBDT to exempt deemed taxation of difference in book value and fair value Global steel output declines 2.4% in April as China disappoints Realtors see hit in demand at the lower end Strength of India intact, forex reserves swelled by $8 billion in last two days: FM Economic Survey: Huge gap between expectation and reality, says Amit Mitra Rare earth elements and critical minerals will be next geopolitical battleground: Survey ‘Sharp increase in Railway freight traffic indicative of strong revival in economic activity post-Covid’ Home demand resilient, inventory overhang dips: Eco Survey Inflation at 6.8% not too high to deter private consumption, investment: Survey Need to closely monitor CAD: Economic Survey Credit growth likely to be brisk in FY24 if inflation moderates: Survey Economic Survey sees India’s economic growth at 6-6.8% in FY23-24 WPI inflation cools to 4.95% in December India-EU FTA: EU seeks ambitious commitments in government procurement, India resists Car sales declined by 7% in December Public, private sectors need to leverage synergy and think out-of-the-box, says PM Modi Rural retail inflation in 23 States/UTs higher than urban 110 mt of coal stocks to be maintained at mine pitheads, power plants by March 2023: Coal Secretary India will be a global price setter in fertilisers by 2024: Mandaviya Micro & small enterprises corner 55% of total orders placed on GeM portal Indian economy is confronting strong global headwinds: RBI India exports ₹2,400 cr of jewellery to Australia under FTA In a relief for India Inc, MCA extends virtual AGMs till September 2023 ICAI bats for India Inc, pitches for 100% tax deduction for CSR expenses Grid stability, solar PV manufacturing, discom dues to take centrestage in 2023 CPSEs hired more contractual staff in FY22; regular, women employees drop out Eleven captive and commercial coal mines to begin production in FY23: IEA Eyeing ethanol, sugar industry ramps up investments to improve cane yield Global headwinds, a challenge to India’s trade prospects in 2023 Government amends rules to place online gaming under MeitY PFRDA pitches for doubling tax break for NPS subscribers in the upcoming Budget Steel ministry identifies infrastructure gaps in 38 projects India to become $10-trillion economy by 2035, forecasts CEBR ONDC may cover mobility, hospitality and travel sectors Govt prepares draft to use Middleware for broadcasting TV channel content without Internet More than 5.57 lakh cos struck off due to non-compliance with companies law provisions India imports 46.14 lakh tonnes of urea in Apr-Nov this fiscal India’s coal bed methane output expected at 759 MSCM in FY23 I&B Ministry orders blocking of Pakistan-based OTT app Vidly TV
Economic Survey: States taking new initiatives to improve their revenue sources
By BL Chennai Bureau · 2023-01-31 · via Latest Macro Economy News & Updates | The HinduBusinessLine
Some measures include increasing property tax and power tariffs and privatising state public sector enterpris…