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US Envoy to India stresses need for predictable taxation, solid IP protection
New Delhi, Aug 18: Amidst ongoing negotiations for a bilateral trade deal with India, the US today underlined the need for predictable taxation and stronger intellectual property protection, identifying these as areas of "friction" that…
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IT Dept verifying 394 entities, 36 professionals for money sent abroad
New Delhi, Aug 18: The Income Tax Department is verifying 394 entities and 36 professionals over suspected irregularities in large amounts of money sent abroad during the past three years, the Central Board of Direct Taxes (CBDT) said on…
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Finance Minister wants Public Sector Banks to raise credit for farmers growing pulses, oilseeds
New Delhi, Aug 18: Union Finance Minister Nirmala Sitharaman today asked Public Sector Banks (PSBs) to increase credit for farmers growing pulses and oilseeds as part of efforts to reduce India's import dependence and promote crop…
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Airfares case: Govt tells SC rules to be finalised in 3 weeks
New Delhi, Aug 17: The government today informed the Supreme Court that it is framing rules regarding modernisation of the aviation sector and the process is expected to be completed within three weeks.
The court was hearing a…
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FM asks public sector banks to get ready for banking reforms
New Delhi, Aug 17: Hinting that banking reforms could be on the anvil, Union Finance Minister Nirmala Sitharaman today asked Public Sector Banks (PSBs) to prepare for that and leverage their strengthened balance sheets to support…
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LPG production targets fixed for refiners by Govt
New Delhi, Aug 16: For the first time, the government has fixed maximum cooking gas LPG production targets for individual public- and private-sector refineries and upstream companies.
In an order, the Petroleum and Natural Gas…
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Govt gives one-time chance to taxpayers to disclose foreign income, assets
New Delhi, Aug 16: The government has provided a one-time disclosure opportunity to taxpayers having foreign income or assets to declare.
It has notified the Foreign Assets of Small Taxpayers Disclosure Scheme (FAST-DS), with…
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RECPDCL hands over Vizag Power Transmission Ltd SPV to Adani Energy
New Delhi, Aug 15: REC Power Development and Consultancy Limited (RECPDCL) today said it has handed over Vizag Power Transmission Limited, the project-specific Special Purpose Vehicle (SPV), to Adani Energy Solutions Limited which emerged…
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On Independence Day, PM talks about progress in various sectors
New Delhi, Aug 15: Prime Minister Narendra Modi today talked about the country's journey towards becoming a developed nation by 2047, saying that progress was being made in various sectors including manufacturing, semiconductors, energy and…
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Inflation in primary items rises, wholesale price inflation declines marginally
New Delhi, Aug 14: India’s wholesale price inflation was 9.78 per cent year-on-year in July 2026, marginally less than 9.87 per cent in June, according to provisional data.
The 9-basis-point decline was largely due to sharp moderation in…
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