Ministry of Finance

It raised anti-dumping duties on jute goods and published a September economic review that cited resilient domestic activity. [1] source: Apparel Resources India[2] source: Business Today

In October 2026, Apparel Resources India reported that the Ministry raised anti-dumping duties following a nearly 50% increase in jute-goods imports from Bangladesh and Nepal. [1] source: Apparel Resources India The revision covers jute yarn, hessian and sacking, and earlier duties were imposed in 2017 and extended in 2022. [1] source: Apparel Resources India Forbes India reported that the Ministry projects 7.3 percent growth in the July-September quarter of FY27, after Q1 FY27 real GDP growth of 7.8 percent. [3] source: Forbes India The same review said food commodities and consumer electronics face price pressures linked to El Niño risks and global DRAM chip prices, while automobile sales remain healthy across rural and urban markets. [3] source: Forbes India It also cited a 13 percent rainfall shortfall from June 1 to September 2. [3] source: Forbes India

NDTV Profit reported in October 2026 that the government is considering GST changes under which 90% of refunds could be released after a risk-based check. [4] source: NDTV Profit Under the proposal, e-commerce platforms would follow a 'same delivery, same tax' approach, and a 10-day refund application acknowledgement time is proposed. [4] source: NDTV Profit