``The disruption in the Strait of Hormuz threatens a major share of...
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Govt to meet shipping firms and exporters on Monday to assess impact of Iran tensions on trade
Iran's state media said on February 28 that the Islamic Republic...
Healthcare should be affordable to all; Ayushman Bharat scheme fulfills vision: PM Modi
Prime Minister Narendra Modi PM Modi highlighted the potential of...
Govt allows a one-time switch facility from UPS to National Pension System
From April 1, 2025, the government has introduced UPS as an option under the National Pension System (NPS) for central government employees. UPS will provide assured payouts to the employees. Around 31,555 central government employees have opted for the Unified...
Global Expansion: India Inc needs a multi-dimensional shield
Vaibhav Luthra, Tax Partner, EY India said, “India’s global investors are no longer just chasing scale, they are looking for strategic, resilient growth. As outbound capital becomes more ESG-sensitive and substance focused, aligning operating models with local...
Govt will continue with reforms to make India a developed nation by 2047: PM Modi
Prime Minister Narendra Modi "We are soon going to become the third-largest economy in the world. Experts are saying that India's contribution to the world's growth is going to be around 20 per cent very soon," Prime Minister Narendra Modi noted. New Delhi: Prime...
Govt temporarily suspends booking of postal services destined for US from Aug 25
The Department of Posts has taken note of the Executive Order issued by the US Administration on July 30, 2025, under which the “duty-free de minimis exemption for goods valued up to $800 will be withdrawn with effect from August 29, 2025. Consequently, all...
India on brink of health crisis, surge in diabetes, heart disease and cancer: Doctors sound alarm
"Our ultimate goal should be universal healthcare. While India has progressed, disparities persist. We need strong ethical practices and regulatory courage, particularly in drug pricing and hospital costs, to make healthcare equitable," Dr DS Rana, Chairman, Board of...
EV manufacturers could lose edge if GST slashed on ICE vehicles: HSBC Report
HSBC outlines three possible scenarios. In the first, GST on small cars could be reduced from 28 per cent to 18 per cent, while larger cars may be moved to a new special rate of 40 per cent with the removal of the cess. This would lead to price cuts of around 8 per...
Amid confusion over WHO report Centre asks scientists to study if areca nut is non-carcinogenic
"A WHO report has created some confusion regarding the areca nuts produced in Karnataka. To dispel these misconceptions, a team of scientists from the Indian Council of Agricultural Research (ICAR) is conducting studies, and they have been instructed to submit their...
IDBI stake sale likely to be completed this fiscal: DIPAM secy
"LIC's market value is around Rs 6 lakh crore. So, keeping in mind the liquidity of the market, transactions are designed according to that. And it is not appropriate to give any number in the form of a rumour in the middle of the market," Arunish Chawla, DIPAM...
FM Sitharaman to address GoM over simplified 2-slab GST structure
Nirmala Sitharaman,Finance Minister The GST Council is expected to meet on September 18-19 to take a final call on the proposal New Delhi: Finance Minister Nirmala Sitharaman was set to address group of ministers (GoM) in a key meeting here on Wednesday, where...
GST Revamp: Inverted duty structure is a key concern for insurers
Rakesh Jain, CEO, Reliance General Insurance A key concern is the inverted duty structure, which leads to accumulation of unutilised input tax credits, as insurers are unable to offset taxes paid on many input services that attract higher GST rates. This mismatch...