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Experts said the proposals address several long-standing tax issues faced by the pharma industry, but could bring new compliance requirements.

GST Council may give legal backing to 90% refunds for pharma companies

The GST Council plans to give statutory backing to provisional refund releases for pharma GST claims, easing tax credit recovery…

October 5, 2026 19:57 IST

Chandra calls for shift from assembly-led growth

Tata Sons Chairman N Chandrasekaran emphasizes shifting from assembly-led growth to end-to-end domestic capabilities, focusing on quality, R&D, intellectual property,…

October 5, 2026 19:47 IST

The partnership plans to integrate Indian aerospace companies into the C-390 ecosystem across manufacturing, aftermarket services, training and lifecycle support.

Mahindra, Embraer identify Nagpur for C-390 assembly line

Mahindra Group and Embraer plan a Final Assembly Line for the C-390 Millennium aircraft in Nagpur, advancing India’s aerospace industrialisation…

October 1, 2026 21:56 IST

Domestic GST collections grew 10.1% in September to Rs 1.38 lakh crore.

Imports drive GST mop-up, H1 revenues up 12%

GST collections in the first half of FY27 rose 11.6%, driven by imports and manufacturing growth, with September collections surpassing…

Updated: October 2, 2026 07:49 IST

In the just-concluded quarter, both government and private investment announcements declined by 26.7% and 5.9%, respectively.

Q2 projects signal slowing capex pace

The value of new investment projects declined 6% year-on-year to Rs 10.2 lakh crore in Q2FY27, with private sector maintaining…

October 1, 2026 19:27 IST

A PMI reading of more than 50 denotes expansion in activity from the previous month, while a print below 50 indicates contraction.

Manufacturing activity rises to 7-month high in Sept, PMI shows

India’s manufacturing sector hits a seven-month high in September as domestic and export demand boost production, sales, and job growth,…

October 1, 2026 18:35 IST

CEAT’s Chennai plant is one of India's largest single-site tyre manufacturing facility for passenger cars and utility vehicles

CEAT expands Chennai plant to boost premium tyre production

CEAT expands manufacturing capabilities at its Chennai plant, boosting production of advanced tyres for passenger cars, SUVs, commercial vehicles, and…

October 1, 2026 17:09 IST

Wages for workers specifically grew 13% in FY25, compared to 12% in FY24.

Manufacturing jobs, wages grew faster in FY25: Survey

Employment and wage growth in India’s organised manufacturing sector surged in FY25 with a 7.2% rise in workers and an…

September 30, 2026 19:38 IST

Broadly, the review checks whether companies’ tax audit reports comply with the Income-Tax Act and related rules.

ICAI ramps up tax audit scrutiny tenfold, 1,000 firms under review

The Institute of Chartered Accountants of India has increased tax audit scrutiny to 1,000 companies with turnover over Rs 100…

September 30, 2026 18:56 IST

Intermediate goods growth rose to a 29-month high of 13.7% in August, up from 10.4% in June.

Manufacturing boost pushes IIP growth to 8%

India’s industrial output grew 8% in August, driven by strong manufacturing and electricity gains despite mining contraction, signaling robust growth…

Updated: September 29, 2026 04:58 IST

India industrial output, manufacturing growth, electricity supply, gas supply, mining contraction, IIP 2025, industrial production August, Ministry of Statistics, government data, economic growth

Industrial production up by 8% in August as manufacturing strengthens

India’s industrial output rose 8% year-on-year in August 2025, boosted by manufacturing and electricity supply, as per government data using…

Updated: September 28, 2026 19:20 IST

Festive shopping may get costlier; AC, TV, fridge prices to rise from Oct: Report

The actual increase a consumer sees at a retail store could differ depending on the model, retailer, inventory and discounts.

September 27, 2026 14:56 IST

The new builders: From assembly lines to components

Having mastered contract manufacturing, Dixon, Kaynes, Syrma and their peers are betting billions on the harder, higher-value game

Updated: September 26, 2026 08:28 IST

The IN40 and VM4 were first showcased in January 2025 and are based on Creatara’s proprietary platform.

Creatara Mobility opens Faridabad plant with 30,000-unit annual capacity

Creatara Mobility launches its first manufacturing facility in Faridabad with a 30,000-unit annual capacity, aiming to scale production of its…

September 23, 2026 21:07 IST

Business confidence regarding the year-ahead outlook for output improved in September across the private sector, with overall optimism at a four-month high.

India pvt sector growth at 3-month high in September, PMI shows

India’s private sector activity rose in September, driven by stronger manufacturing and services sectors despite global challenges. PMI hit a…

Updated: September 23, 2026 19:32 IST

India flash PMI: Private sector growth strengthens in September

India’s September PMI rises to 56.5: Manufacturing drives private sector growth higher

See how India’s private sector PMI rose to 56.5 in September as manufacturing led gains, hiring stayed solid and export…

Updated: September 23, 2026 17:15 IST

Precision manufacturing gives specialised SMEs a place in defence supply chains.

44%+ profit growth, 15%+ ROCE: 2 precision SMEs supplying defence components

Explore how specialised SMEs are carving a niche in defence castings with strong financials, growing exports, and precision manufacturing capabilities.

September 23, 2026 05:10 IST