New Delhi, Oct 1 (KNN) India’s economy is expected to grow by around 7 per cent in fiscal 2026-27, moderating from 7.8 per cent in FY26, with infrastructure development, deeper capital markets and stronger financial intermediation likely to support the next phase of growth, according to S&P Global.

New Delhi, Oct 1 (KNN) The Ministry of Textiles has extended the Rebate of State and Central Taxes and Levies (RoSCTL) Scheme for exports of apparel, garments and made-ups by three months till December 31, 2026.

New Delhi, Oct 1 (KNN) Poland plans to expand defence trade and industrial cooperation with India, with Polish Finance and Economy Minister Andrzej Domański saying Warsaw wants to increase exports of defence products to India.

New Delhi, Oct 1 (KNN) India faces challenges in attracting capital flows amid uncertainty over trade relations with the US, volatile crude oil prices and limited participation in global artificial intelligence (AI)-driven investment, the Finance Ministry said in its September Monthly Economic Review.

New Delhi, Oct 1 (KNN) Union Commerce and Industry Minister Piyush Goyal arrived in Milwaukee, United States, to participate in the G20 Trade Ministers’ Meeting.

New Delhi, Oct 1 (KNN) The Union Cabinet, chaired by Prime Minister Modi, has approved the Green Energy Corridor Phase-III (GEC-III) scheme to strengthen India’s intra-state transmission network and facilitate evacuation of up to 135 GW of renewable energy across states and Union Territories.

New Delhi, Oct 1 (KNN) The State Bank of India (SBI) has supported the objectives of the proposed amendments to the Foreign Contribution (Regulation) Act (FCRA), while seeking clear rules on how banks should handle accounts, deposits and assets when an organisation’s permission to receive foreign donations ends.

New Delhi, Oct 1 (KNN) The Supreme Court has held that a statutory demand notice under the Negotiable Instruments Act, 1881 cannot be treated as invalid merely because it was received by a family member of the cheque drawer, if it was dispatched by registered post to the drawer’s correct address.

New Delhi, Oct 1 (KNN) The government has proposed decriminalising routine licence-related violations under the Petroleum Act, 1934, while introducing higher penalties for unauthorised operations, damage to petroleum facilities and other serious offences.

New Delhi, Oct 1 (KNN) The Central Electricity Authority (CEA) has constituted a committee to assess the impact of rapidly expanding data centres on India's power system and grid stability, amid rising demand for electricity and water from the sector.