Economy News ( English version)

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  • Corp tax kitty surpasses personal I-T as gross direct tax crosses Rs 20 lakh crore December 20, 2025
    Corporate tax collections have surpassed personal income tax receipts this fiscal year. This indicates strong corporate earnings. Individual tax growth remains slow. Gross direct tax collections have crossed twenty lakh crore rupees. Net direct tax collections have seen an eight percent rise. This trend may change later in the fiscal year.
  • Need more free trade pacts to compete with Bangladesh, others in textile exports: Vice President December 20, 2025
    Vice President C P Radhakrishnan emphasized India's need for more free trade agreements to compete globally in textiles and apparel. He highlighted competitors like Bangladesh and urged the industry to explore new markets and adopt sustainable practices. India aims for USD 350 billion in textile market size by 2030.
  • PM Modi inaugurates new terminal of Guwahati airport December 20, 2025
    Prime Minister Narendra Modi inaugurated the new Integrated Terminal 2 Building at Lokapriya Gopinath Bardoloi International Airport in Guwahati. This modern facility is designed to handle millions of passengers annually. The project, costing Rs 5,000 crore, aims to establish the airport as a vital aviation hub for Northeast India and a gateway to Southeast […]
  • Union Budget 2026-27: Government invites public suggestions December 20, 2025
    Union Minister for Finance and Corporate Affairs Nirmala Sitharaman has completed multiple rounds of Pre-Budget Consultations in New Delhi as part of the preparations for the forthcoming Union Budget 2026-27.
  • India fast-tracks key reforms to shield itself from US tariffs December 20, 2025
    In its final parliament session of the year, Prime Minister Narendra Modi’s government pushed through major economic reforms aimed at boosting growth amid trade challenges. Parliament approved bills allowing private investment in nuclear energy, full foreign ownership of insurance firms, and a unified securities market code.

 

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