Union Minister of Road Transport and Highways Nitin Gadkari Under...
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RBI trims policy interest rate by 25bps to 5.25pc, sets higher growth rate at 7.3% for FY 26
The Indian economy is facing a "rare goldilocks" period. Since...
Domestic investors pour $81.3 billion into Indian markets in 2025 to date
Domestic investors made robust inflows of $8.7 billion in November,...
Emboldened crypto industry seeks to cement political influence and mainstream acceptance
The crypto industry has scored some early wins since Trump took office, including the repeal of an accounting rule by the U.S. Securities and Exchange Commission and an executive order by the president directing a working group to study and propose changes to crypto...
Trade war risk rises for global macro, credit outlook, cautions Fitch
Notably, these uncertainties come at a time of slowing US and Chinese growth and a faltering recovery in the eurozone, underscoring cyclical vulnerabilities New York: The risks of a global trade war have risen significantly, with the Trump administration pursuing a...
FPIs withdraw Rs 21,272 cr from equities in Feb; total outflow nears Rs 1 lakh cr in 2025
Vipul Bhowar, Senior Director - Listed Investments, Waterfield Advisors, said, "shifts in global policies, especially those emerging from the US, are invoking a sense of uncertainty among FPIs, which in turn is reshaping their investment strategies in dynamic markets...
Aviva India fined $7.5 million by Income Tax authorities for fake invoice scheme
After hearing Aviva's defence, joint tax commissioner Aditya Singh Yadav ruled the company evaded tax of around Rs 32.6 crore ($3.8 million), which it must pay with a 100 per cent penalty, totalling Rs 65.3 crore, or $7.5 million, according to a February 5 order...
India to form Deregulation Commission: PM Modi
Prime Minister Narendra Modi "It is my conviction that there should be less interference of the government in the society. For this, the government is also going to constitute a Deregulation Commission," PM Modi said New Delhi: Prime Minister Narendra Modi on Saturday...
Income Tax dept activates section-wise mapping of old I-T Act, new tax bill
The Bill introduces a new concept of 'tax year' as the 12-month period beginning from April 1. This would replace the present concept of assessment and previous year. Currently, income earned in the previous year (PY) say in the year April 2024 to March 2025 will be...
PSU general insurers turn profitable, posts a combined profit of Rs 1,066 crore in Q3FY25, says Finance Ministry
``With improved risk-management practices, loss-control initiatives, adoption of technology, development of new products, better customer services and diversification of portfolio, the Public Sector General Insurance Companies have posted a magnificent turnaround from...
I-T Bill powers taxmen to override computers, virtual digital space access codes in search, seizure
As per the Bill, virtual digital space encompasses any digital realm that allows users to interact, communicate and perform activities using computer systems, computer networks, communication devices, and includes email servers, social media accounts, online...
Centre warns telcos of fine up to Rs 10 lakh over failure to curb spam
“To make the complaint process simpler and more effective, it has been mandated that if a complaint made by a customer contains bare minimum essential data such as number of the complainant, number of Sender from which the Spam/UCC has been received, date on which...
Govt says Russian oil suppliers must provide sanctions-compliant cargoes
Indian refining officials said they have told Russian oil suppliers and traders that the oil they sell should comply with parameters of the U.S. sanctions. "We don't want to take risk. We are not going to touch any cargo that involves sanctioned entity or ships in the...