Economy News ( English version)

Unable to display feed at this time.

 


 

  • Govt flags backlog of 24.6 lakh ITRs pending beyond 90 days February 10, 2026
    More than 24 lakh income tax returns remain unprocessed for over 90 days. This is out of nearly 8.80 crore returns filed for Assessment Year 2025-26 by February 4, 2026. The NUDGE campaign has led to 1.11 crore updated returns and Rs 6,976.50 crore in additional taxes paid. The total revenue impact of the campaign reached Rs 8,810.59 crore.
  • India eyes Middle East, Asia to diversify steel exports February 10, 2026
    India is actively seeking new export destinations for its steel. The focus is shifting towards the Middle East and various Asian nations. Government-to-government discussions are progressing well. Several agreements with Indian companies are anticipated within the next six months. This diversification aims to expand India's steel market reach beyond tra […]
  • India-US BTA: Zero-duty access to $46 billion US market to boost farmer incomes February 10, 2026
    The proposed India-US Bilateral Trade Agreement is poised to significantly boost Indian farmers' income and export potential. India already holds a substantial agricultural trade surplus with the US, and the agreement offers zero-duty access to a vast US market, enhancing price realization for key farm products and supporting rural livelihoods.
  • India-EU trade agreement: Organic exporters showcase products at Germany’s Biofach amid new market opportunities February 10, 2026
    India and the EU have finalised a trade agreement. This pact is set to boost India's organic food exports to Europe. Exhibitors from over 20 Indian states are showcasing organic products at Biofach Germany. India is the 'country of the year' at the event. This initiative aims to expand India's organic footprint globally.
  • King dollar risks losing its crown to an Asian mutiny February 10, 2026
    Asian nations are quietly challenging the dollar's global dominance, moving beyond mere rhetoric. China's digital yuan (e-CNY) now offers interest, making it competitive with bank deposits. Meanwhile, the mBridge platform, a cross-border payment system involving several countries, is rapidly expanding, settling billions in transactions, with the e- […]

 

Unable to display feed at this time.