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Unemployment rate in country stands at 5% in September, stable compared to August: NSO
The overall Labour Force Participation Rate (LFPR), for persons aged 15 years and above, remained at 55.5% in September, compared to 55.6% in August. | Photo Credit: Getty Images/iStockphoto The Unemployment Rate (UR) in the country stood at 5% in September, stable compared to August, according to the Periodic Labour Force Survey (PLFS) conducted by…
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India-U.S. deal ‘finalised’, implementation after clarity on India’s competitive advantage, says Goyal
“The U.S. bilateral trade agreement first tranche has been finalised,” Union Commerce and Industry Minister Piyush Goyal said while speaking at an event in Delhi. File | Photo Credit: PTI The first tranche of the India-U.S. trade deal has been “finalised”, Commerce Minister Piyush Goyal said on Thursday (October 15, 2026). He added that what…
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India’s exports jump 23% in September; trade deficit narrows to $30.21 billion
Bharat Petroleum Corporation Ltd. refinery in Mumbai. File. | Photo Credit: Reuters Healthy growth in shipments of petroleum products, electronic goods and chemicals helped India’s merchandise exports rise 23.04% in September, while the trade deficit narrowed to $30.21 billion year-on-year due to a dip in imports of precious metals. However, when compared to August, the…
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Net direct tax collection grows 13% to ₹13.38 lakh crore till October 14
Collection from securities transaction tax (STT) swelled 52% to ₹46,840 crore till October 14 of FY27. (Image used for representational purpose only) | Photo Credit: Gettyimages/iStockphoto Net direct tax collection rose 13.21% to about ₹13.38 lakh crore between April 1 and October 14, driven by a healthy pick-up in corporate taxes. Net corporate tax mop-up…
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2026 Economics Nobel Prize: Putting the humanity in macroeconomics
Most people view macroeconomics as a result of the mechanical tweaking of some variables to alter other variables. For example, if aggregate consumer demand is down, there is immediately a call for lower interest rates and higher government doles. Similarly, when demand outstrips supply, then the call is the opposite: raise interest rates and cut…
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Govt. to roll out National Electricity Data Sharing framework in October: Power Secretary
Pankaj Agarwal, Secretary at the Union Power Ministry. Source: Special Arrangement. The government is set to roll out the National Electricity Data Sharing Framework in October to facilitate structured and secure data sharing in the power sector, Pankaj Agarwal, Secretary at the Union Power Ministry, said on Wednesday. A national-level data governance committee, comprising government…