Economy News ( English version)

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  • Courier export cap removed to boost ecomm shipments, cut logistics delays March 31, 2026
    Starting April 1, India has abolished the ₹10 lakh threshold on courier exports, a shift aimed at propelling e-commerce forward and supporting small enterprises. The introduction of a quick return mechanism for unclaimed parcels is also noteworthy, designed to alleviate shipping delays and enhance overall delivery efficiency for cross-border commerce.
  • New income-tax act takes effect today March 31, 2026
    New tax rules and budget changes begin April 1. Higher taxes on speculative stock trades will curb risky bets. Lower taxes on overseas travel packages and remittances for medical and education will benefit many. A new Income-tax Act simplifies filings. Changes also affect virtual digital assets and employee stock options.
  • Centre plans sweeping reforms as West Asia war jolts supply chains March 31, 2026
    India is preparing a major reform plan. The government is focusing on self-reliance and strengthening domestic supply chains. This initiative aims to counter global disruptions. Actionable steps and quick wins are prioritized. The plan addresses short, medium, and long-term goals. Energy and fertiliser supplies are immediate concerns.
  • Vegetable prices crash up to 80% since January, deepening farm distress March 31, 2026
    Vegetable prices have fallen sharply since January. Potatoes are down 40 percent, onions 50 percent, and tomatoes up to 80 percent. This is due to a supply glut and peak harvest arrivals. Staples like wheat and rice have also eased. Farmers face distress as prices are below cost. Consumers are getting relief from inflationary pressures.
  • RBI's net short position rises to $77 billion in Feb as it defends rupee March 31, 2026
    The Reserve Bank of India's net short position in forwards rose to $77 billion in February. This move impacts the central bank's capacity to protect the rupee. The forward book is projected to exceed $100 billion. This situation affects foreign exchange reserves and rupee liquidity. The market now closely watches import cover levels.

 

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