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Just in:   • Explainer: Cash limit, modus operandi as per RBI’s new domestic money transfer rules  • â€œCelebrating India’s Regional Flavours Through Every Crunch”: Narayan Salvi  • RBI issues consolidated domestic money transfer rules; retains Rs 50,000 cash NEFT cap  • Indian stock markets closed on account of Diwali-Balipratipada  • â€œSpecialized Wax Solutions for Evolving Industrial Needs”: Vikin Goyel   Last updated: 26 Mar, 2026    India Economy News FICCI seeks LTCG tax exemption on equities in Budget wish list IANS | 05 Nov, 2026 The Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the Finance Ministry to exempt long-term capital gains (LTCG) tax on listed equities in the Budget for 2027-28, while also calling for a stable 10-year capital gains tax regime, changes to tax rules for foreign investors, and the removal of certain tax deduction at source (TDS) requirements..    Read more.... Procurement of 6 Rabi crops surges, MSP payments rise to Rs 8.36 lakh crore IANS | 29 Oct, 2026 The procurement of six Rabi crops increased from 2,302 lakh metric tonnes (LMT) during 2004-05 to 2013-14 to 3,921 LMT during 2014-15 to 2025-26, as the minimum support price (MSP) payments rose from Rs 2.65 lakh crore to Rs 8.36 lakh crore, an official factsheet said on Thursday..    Read more.... India-New Zealand trade pact to open new opportunities for exporters: Industry IANS | 21 Oct, 2026 Industry chamber ASSOCHAM on Wednesday welcomed the entry into force of the India-New Zealand Free Trade Agreement (FTA), saying the pact would deepen India's economic engagement with the developed world and create fresh opportunities for exporters, manufacturers and small businesses..    Read more.... Rupee rises 32 paise as forex measures and lower crude support sentiment IANS | 15 Oct, 2026 The Indian rupee strengthened by 32 paise to 94.85 against the US dollar in early trade on Thursday, extending its recent gains amid continued support from the Reserve Bank of India's forex management measures and a softer greenback..    Read more.... India's wholesale inflation stands at 11.39 pc in September: Govt IANS | 14 Oct, 2026 India's wholesale price inflation (WPI) came in at 11.39 per cent in September against 9.92 per cent in August amid higher prices of fuel, crude petroleum, food articles and several manufactured products, according to provisional data released by the government on Wednesday..    Read more.... IMF sees Gulf economies shrink in 2026 as Hormuz closure bites IANS | 13 Oct, 2026 The war in the Middle East and the closure of the Strait of Hormuz will push the Middle East and Central Asia region into contraction this year, with several Gulf oil producers facing double-digit declines, the International Monetary Fund said on Tuesday..    Read more.... Rupee may be undervalued despite market depreciation bias: RBI Governor IANS | 07 Oct, 2026 The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said financial markets can often behave irrationally in the short term and suggested that several indicators point to the rupee being undervalued rather than overvalued..    Read more.... 57th GST Council meeting rescheduled to October 8 IANS | 06 Oct, 2026 The 57th GST Council meeting has been rescheduled to October 8 from October 7 due to unavoidable circumstances, the GST Council Secretariat said in an office memorandum. .    Read more.... Indian economy begins FY27 on firm footing, growth momentum extends into Q2: FinMin Review IANS | 01 Oct, 2026 The Indian economy began FY27 on a firm footing, even as the global environment grew more uncertain, and the growth momentum has extended into Q2, though at a more measured pace, the Finance Ministry’s ‘Monthly Economic Review’ for September showed on Thursday..    Read more.... Gross GST collection rises 14.7 pc to almost Rs 2.04 lakh crore in September IANS | 01 Oct, 2026 India’s gross GST collection surged by 14.7 per cent in September to Rs 2,03,521 crore against the same month last year, official data showed on Thursday..    Read more....     Customs Exchange Rates Currency Import Export US Dollar ₹96.5 ₹94.8 UK Pound ₹132.25 ₹128.15 Euro ₹113.6 ₹109.8 Japanese Yen ₹61.3 ₹59.45 As on 03 Sep, 2026   Daily Poll What’s your biggest challenge with the 45-day payment rule?  Corporates canceling our orders  Clients demanding longer credit anyway  Strained business relationships  Filing complaints kills future work  No issues, cash flow has improved   Commented Stories

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