The Union Cabinet on September 30, 2026 raised minimum support prices for six rabi crops for the 2027-28 marketing season. Wheat goes up by Rs 25 to Rs 2,610 a quintal, mustard by Rs 413 to Rs 6,613 and safflower by Rs 675 to Rs 7,215.
The Finance Ministry has kept interest rates on all small savings schemes unchanged for the October-December 2026 quarter. PPF continues at 7.1%, Sukanya Samriddhi and SCSS at 8.2%, NSC at 7.7% and KVP at 7.5%.
India's industrial production grew 8.0% year-on-year in August 2026, up from 6.7% in July, according to the Quick Estimate released by the statistics ministry on September 28. Manufacturing rose 9.0% while mining shrank 5.6%.
ITR due date for audit cases extended to November 21, 2026; tax audit report deadline now October 21
The Central Board of Direct Taxes has moved the income tax return due date for taxpayers who need an audit from October 31 to November 21, 2026. The last date to file the tax audit report moves from September 30 to October 21.
The three-day nationwide bank strike planned for September 28 to 30, 2026 was called off at the last minute after talks between bank unions and the Indian Banks' Association. Branches are working as usual.
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