India’s new framework for exchanging foreign tax information comes into effect from 1 July 2026. The rules apply to requests received by the Income Tax Department from foreign...
India’s third phase of Corporate Average Fuel Efficiency (CAFE III) norms is scheduled from 1 April 2027 to 31 March 2032. The norms are framed by the Bureau...
India launched the National Mission on Edible Oils – Oil Palm (NMEO-OP) in 2021 as a Centrally Sponsored Scheme with an outlay of Rs. 11,040 crore. The mission...
The Reserve Bank of India approved a dividend of ₹2,86,588.46 crore for the Central Government for the accounting year 2025-26 on 22 May 2026. The amount is the...
India has reviewed the import duty structure on low-ash metallurgical coke, a key input in steelmaking, in 2026. The Ministry of Steel has sought withdrawal of anti-dumping tariffs...
India’s rooftop solar capacity reached 20.8 GW in 2025 after 7.1 GW of new installations, which marked a 123% year-on-year increase. The residential sector accounted for 76% of...
The National Commodities and Derivatives Exchange (NCDEX) announced RAINMUMBAI on 20 May 2026 as India’s first SEBI-approved exchange-traded weather derivatives contract. The contract is a cash-settled futures instrument...
The India Semiconductor Mission (ISM) was approved by the Union Cabinet in December 2021 with an outlay of ₹76,000 crore. By May 2026, the mission had approved 12...
The United Nations revised India’s GDP growth forecast for 2026 to 6.4% on 20 May 2026, down from an earlier estimate of 6.6%. The revision was issued in...
Shyam Metalics has announced a planned investment of ₹20,000 crore in West Bengal. The plan includes expansion at Kharagpur and Jamuria, two industrial locations in the state, with...
Mahindra & Mahindra and DBS Bank India launched India’s first sustainability-linked dealer financing programme for the automotive sector on 19 May 2026. The scheme links loan interest rates...
Maharashtra signed Memorandums of Understanding with four companies on 19 May 2026 for nuclear energy generation projects with a combined capacity of 25,400 MW. The agreements were announced...
