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Economy

Stay updated with the latest economy news, analysis, and trends

A multi-story commercial building in an Indian city with a large red seal and official notice on its entrance.

ED Freezes Rs 30 Cr SAGA Group Ponzi Scam Assets

Enforcement Directorate freezes Rs 30 crore in assets linked to the SAGA group’s alleged Ponzi scam across Mumbai and Bhopal. Read more about the investigation.

By Business Desk•
Mahanagar Gas Boosts Capex 20% to Chase 1 Million New PNG Connections

Mahanagar Gas Eyes 1 Million PNG Connections with 20% Capex Hike

Mahanagar Gas Ltd. boosts capex by 20% to ₹1,800 crore, targeting 1 million new PNG connections by FY27 to drive expansion and align with national energy transition goals.

By Business Desk•
Wide shot of a hydroelectric dam under construction in a deep valley, with cranes, concrete structures, and workers.

NHPC’s ₹18,700 Cr J&K Hydro Project: Power Ministry Explores Debt

India’s Power Ministry is exploring a ₹18,700 crore subordinated debt for NHPC’s 1,856 MW Sawalkote hydro project in Jammu & Kashmir, boosting national hydropower goals.

By Business Desk•
A female representative questions a male administration official at a table with binders, documents, and a microphone.

Olszewski Demands Answers on Delayed SCORE Funding from Trump Official

Rep. Johnny Olszewski confronts a Trump administration official over stalled SCORE funding, demanding transparency on frozen congressional grants impacting small businesses.

By Business Desk•
A traditional government building with columns stands beside a modern glass corporate skyscraper under clear daylight.

Supreme Court Orders CBI Probe into Sammaan Capital Promoters

Supreme Court mandates CBI investigation into six ED allegations against former Sammaan Capital promoters for financial irregularities and fund siphoning.

By Business Desk•
Two construction workers in hard hats and safety vests apply white specialized building material to a concrete wall.

Walplast Invests in Vura Bau Chemie, Eyes Building Materials Growth

Walplast strategically invests in Vura Bau Chemie LLP, expanding its building materials portfolio to capitalize on India’s booming construction market, projected to reach $100B by 2030.

By Business Desk•
A man with salt-and-pepper hair and a beard sits at a desk, reviewing documents in a government office.

Tamil Nadu Assured Pension Scheme (TAPS) Implemented

Tamil Nadu confirms implementation of the Assured Pension Scheme (TAPS), guaranteeing government employees 50% of last basic pay plus DA.

By ThePip Desk•
A person's hands are reviewing financial documents, including Form 15CB, with a calculator and magnifying glass on a desk.

India Income Tax Probes Suspicious Foreign Remittances

India’s Income Tax Dept. launches pan-India drive against suspicious foreign remittances, uncovering shell entities and Form 15CB misuse. Learn more.

By ThePip Desk•
A modern glass building with "India Housing Finance Corp" sign, cars, and people, with a dome building in background.

Supreme Court Orders CBI Probe into Indiabulls Financial Irregularities

India’s Supreme Court mandates CBI to independently investigate Indiabulls Housing Finance Ltd for alleged financial irregularities, overriding prior EOW findings.

By Business Desk•
Wide shot of a busy factory floor with workers, machinery, and trucks under natural daylight.

Godrej Launches ₹2,000 Cr Fund for India’s Private Credit Market

Godrej Industries Group enters India’s $12 billion private credit market with a ₹2,000 crore alternative investment fund, targeting mid-market companies.

By Business Desk•
A busy trading floor with numerous traders at desks, large screens displaying financial data and "AI-DRIVEN" and "UNPRECEDENTED HIGHS"

ECB Warns AI Rally Risks Sharp Market Correction

ECB economists caution that the current AI-driven stock market rally, fueling US and European gains, faces a significant risk of a sharp correction due to historical patterns and investor behavior.

By Market Desk•
Amazon Seller Services India Achieves First Operating Profit in FY26

Amazon India Seller Services Posts First Operating Profit in FY26

Amazon Seller Services India achieves first operating profit of Rs 172 crore in FY26, driven by robust revenue growth and strategic fee reductions, signaling a significant financial turnaround.

By Business Desk•
PM CARES Fund Domestic Donations Decline 30% in FY25

PM CARES Fund Donations Drop 30% in FY25

Domestic contributions to India’s PM CARES Fund fell 30% to ₹479 crore in FY25. Audit report reveals shifts in funding and fund balance growth.

By ThePip Desk•
An Indian executive in a suit stands in an office, looking at a monitor displaying financial charts and currency data.

Indian Exporters: Rupee & Price Gains to Fade by H2FY27

Nuvama report: Indian exporters, especially IT, face diminishing revenue tailwinds from rupee depreciation and high prices by H2FY27. Currency risks loom.

By ThePip Desk•
Two government representatives, one American and one Indian, converse in a cleanroom with robotic arms and equipment.

US Ambassador: India-US Must Resolve Friction for Growth

US Ambassador Sergio Gor urges India and US to address friction points, advocating for predictable taxation and regulatory frameworks to boost bilateral business and investment.

By Business Desk•
A medium shot of an Indian financial trading floor with multiple professionals at desks, looking at computer screens.

Nifty Support at 24,000: Indian Equities Face Bearish Pressure

Nifty support drops to 24,000 amid rising crude, US-Iran tensions, and weak global cues. Indian equities face persistent bearish pressure. Learn more.

By Market Desk•
A woman cooks on a gas stove with a visible PNG pipeline connection in a bright kitchen.

India Boosts PNG Connections: New Household Incentives from 2026

India’s government introduces a new incentive scheme from Sept 1, 2026, to boost domestic Piped Natural Gas connections, making clean fuel more accessible.

By ThePip Desk•
An Indian man holds an HSBC credit card over a payment terminal held by a vendor in a bustling foreign market.

HSBC India: Zero Forex Markup on Credit Cards for Travelers

HSBC India offers zero forex markup on all credit cards from Aug 15-Sep 15. Save on international transactions & enjoy rewards. Learn more!

By ThePip Desk•
A judge, partially visible, reviewing documents with a pen in hand. A stack of files is to the left.

Supreme Court Orders CBI Probe into Indiabulls Financial Allegations

Supreme Court directs CBI to investigate all six financial irregularity allegations against Indiabulls entities, now Sammaan Capital. Court seeks fresh status reports.

By Business Desk•
A medium shot of a modest Indian kitchen showing a gas stove with two lit burners, a PNG meter, and a yellow connecting pipe.

India’s Govt Incentivizes Cheaper Gas for PNG Expansion

India’s government introduces incentives for cheaper domestic gas, boosting Piped Natural Gas (PNG) connections and City Gas Distribution (CGD) expansion from September 2026.

By Business Desk•
A tall, modern glass building with the "SAMMAAN CAPITAL" logo stands in a city financial district.

Sammaan Capital Cleared in PIL Probe; Not Named Accused

Sammaan Capital confirms it’s not an accused in a PIL-linked investigation, with EOW confirming full loan recovery from borrower groups.

By Business Desk•
A census enumerator uses a digital tablet to record information from a citizen in a modest Indian home.

India Census 2027: Caste Data, 40 Questions, Digital Shift

India’s Census 2027 introduces 40 questions, including caste data for all, alongside Aadhaar, voter ID, mobile, and bank details. A first-ever digital census.

By ThePip Desk•
An aerial view of a large cable-stayed bridge at sunset, with a train crossing and cargo ships on the river.

India-Bangladesh B2B Taskforces Proposed by CII

CII proposes two B2B taskforces to boost India-Bangladesh infrastructure and technology cooperation, fostering deeper bilateral economic ties and mutual growth.

By Business Desk•
A man in a cafe intently scrutinizes a financial app on his smartphone, with a blurred background of a modern cafe.

India’s Auto Savings Apps: 3 Risks Highlighted by Value Research

Value Research warns Indian users about 3 key risks in automated savings apps. Understand the potential pitfalls before you automate your finances.

By ThePip Desk•
US Stocks Fall as Oil Surges, Yields Climb; Chipmakers Plunge

US Stocks Dip as Oil Surges, Yields Climb; Chipmakers Plunge

US stocks declined Tuesday amid rising oil prices, higher Treasury yields, and a sharp fall in chipmakers. S&P 500 down 0.52%, Nasdaq Composite down 1.23%.

By Market Desk•
A young Indian man sits in a modern bank branch, using a tablet. Other customers and bank signage are in the background.

PSBs Offer Free No-Frills Accounts for Youth in India

India’s Public Sector Banks launch zero-charge no-frills accounts for youth aged 16+, boosting financial inclusion. Learn more about the ‘Banking for Youth’ campaign.

By ThePip Desk•
A satellite dish on a mud brick home, with a farmer checking a tablet near a soil sensor in a field.

India’s ₹1T Digital Leap: Satellite Comms Connect Rural India

India’s ₹1 trillion digital opportunity: Satellite communications poised to bridge the rural divide, connecting over 50 crore citizens lacking broadband access.

By Business Desk•
A high-contrast, eye-level medium shot of an illuminated section of a wall with a ripple effect in an Indian government office.

India Mandates X (Twitter) Compliance with Takedown Laws

India’s IT Ministry confirms X (formerly Twitter) must comply with national laws for content takedown requests, including confidential orders.

By Business Desk•
A young Indian woman stands in a bank, looking at a digital tablet. Two other individuals are visible in the background.

Youth-Centric Public Sector Banks: DFS Roadmap Revealed

Discover the DFS roadmap to transform public sector banks into youth-focused institutions, fostering financial inclusion and empowering young Indians.

By ThePip Desk•
Robotic arms on a conveyor belt in a factory, assembling electronic components, with human technicians in the background.

India Approves Tax & Payment System Reforms

President Murmu approves Taxation and Payment Systems Act amendments, boosting foreign investment and digital payments in India. Learn about the key changes.

By Business Desk•
    Economy News & Market Signals – Page 79 | ThePip