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Manufacturing PMI hits three-month high in May led by domestic demand

Our Bureau New Delhi India’s manufacturing sector surged to a three-month high in May, with activity growth accelerating to its strongest pace since February, driven by robust domestic demand and infrastructure spending. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’...

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Centre cuts fuel export duties to boost shipments

Our Bureau New Delhi The Central Government has reduced export duties on petrol, diesel and aviation turbine fuel (ATF) for the fortnight beginning June 1, 2026, offering relief to Indian refiners amid ongoing geopolitical tensions in West Asia. The move...

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RBI considering plastic currency to cut rising printing costs

Our Bureau Mumbai The Reserve Bank of India is set to introduce durable polymer banknotes across the country, marking a major shift from traditional cotton-paper currency to plastic notes that last longer and cost less to produce. The central bank...