Business, economy and corporate news from across India and the world, with duplicate coverage of the same story folded into a single card.
Open the live feed →India's insurance regulator is planning significant reforms to the insurance distribution system, aiming for implementation soon. Proposed changes include capping commissions for…
NEW DELHI: After IndiGo, Air India, Air India Express and Akasa have also hiked fuel surcharge due to spiralling price of aviation turbine fuel (ATF/jet fuel) and falling rupee…
Anup Bagchi will assume the role of MD and CEO of HDFC Bank on October 27. His target annual compensation is set at Rs 35.9 crore, with potential total pay reaching Rs 43.2 crore…
India has joined a coalition with the United States and other economies to address excess capacity in key industries dominated by China, such as automobiles and semiconductors…
MUMBAI: The rollout of merchant discount rate (MDR) on select UPI transactions is expected to be postponed to Jan 2027 against the earlier date of Oct 15 with an announcement…
Finance Minister Nirmala Sitharaman introduced a new faceless GST system that will simplify filing for two lakh taxpayers. The system follows major rate cuts that lowered the…
India’s food industry faces a sharp shortage of experienced food‑safety professionals, with employers reporting a 94. 4% rise in job postings this quarter. Most applicants lack…
MUMBAI: With Brent crude prices spiking again to over $105 per barrel, US Treasury bond yields rising to a more than two-decade high and the rupee at close to 96.8/$, strong…
New Delhi: The GST Council approved a sweeping recast of the indirect tax structure that includes scrapping arrest powers, besides easing the compliance structure and claiming of…
Venu and his son Sudarshan claim that a family asset division was completed, while Mallika Srinivasan and her daughter Lakshmi argue that the division did not occur. The…
The UK's data watchdog is investigating a spike in complaints about "robo calls" - where a recorded voice asks you to add them on WhatsApp - that are suspected to lead to a…
The GST Council has proposed changes to make business operations and tax compliance easier. The reforms will simplify registration, refunds, and input tax credit procedures and…
The United States on Thursday imposed sanctions on two Mumbai-based companies and five Indian nationals over their alleged involvement in the trade of petroleum products from…
The GST Council has introduced new measures that represent the third phase of tax reform, aiming to simplify business operations. The changes expand refunds for input services and…
Deloitte India’s MS Mani said the latest GST reforms reflect growing trust between government and industry, with technology enabling simpler compliance and more targeted…
EY partner Bipin Sapra said the GST Council’s latest reforms address input tax credit blockages, expand refunds, support exporters and streamline tax administration. He said…
From its rollout in 2017 to GST 2.0, India’s goods and services tax has evolved into a more digitised and predictable tax regime. Over nine years, the system has seen changes in…
More than 16 lakh small businesses that sell directly to consumers could soon file only one GST return annually with the GST Council’s in-principle nod to a simplified compliance…
The GST Council has clarified that highway concessionaires collecting exempt tolls will face no GST liability on the toll collection right, regardless of whether concession…
Almost 38,700 export taxpayers will become eligible to claim cash refunds on input taxes paid on services and plant and machinery, directly addressing the long-standing issue of…
Mumbai | New Delhi: Thermax is looking to bring in an external investor in its renewable energy subsidiary First Energy and is open to offer over 51% stake in the business, people…
The monthly refund of tax paid on plant and machinery for five years, the removal of structural and procedural inefficiencies, and the release of credit blockages will unlock…
New Delhi: Food safety regulator FSSAI has issued notices to Dr Reddy's and Nestle Health Science, Flipkart, Amazon and three other entities over allegedly misleading advertising…
The GST Council allowed employers to claim input tax credit (ITC) on GST paid on health and life insurance policies taken for their employees, a move that is expected to lower the…
Banks are expected to report a nearly 60% decline in treasury income for the July-September quarter. Analysts predict treasury gains to decrease from ₹13,100 crore last year to…
New Delhi: Elon Musk intensified his campaign for Starlink's entry into India's satellite communication (satcom) sector, seemingly identifying at least one of the groups mentioned…
Major technology companies like Google, Amazon, Meta, and Apple are increasingly purchasing renewable energy in India. Their expanding data centers are significantly driving the…
New Delhi: The Income Tax Department has moved to the appellate tribunal, ITAT, challenging the tax relief granted to Dr Lal PathLabs for an expense of Rs 32.66 cr, the diagnostic…
The government plans to move the central GST (CGST) administration towards a faceless, centralised model, creating a unified window for businesses that currently deal with…
The Supreme Court has made a significant ruling in favor of the Goa government's approach to managing iron ore dumps. This decision allows former mining leaseholders to clear…
The Reserve Bank of India is engaged in dollar sell-buy swaps to stabilize the rupee's value. However, this has resulted in higher forward premiums, making it expensive for…
New Delhi: Drug major Dr Reddy’s Laboratories has received a Form 483 with two observations from the US Food and Drug Administration (USFDA) following an inspection at its…
Airlines like Air India and Akasa Air have announced increased fuel surcharges for both domestic and international flights. The rise in aviation turbine fuel prices has…
Airlines such as Air India Express and IndiGo are cancelling flights to and from Riyadh due to security issues. Several airlines have cited evolving conditions affecting civilian…
Russia's exports of yellow peas and sunflower oil to India have been disrupted by ongoing conflicts. As a result, prices for yellow peas have risen from ₹40 to ₹46 per kg in the…
The Supreme Court has ordered the government to create a committee that will investigate unethical pharmaceutical marketing. The committee must review existing regulatory…
New Delhi: The Centre has proposed a major regulatory overhaul of animal experimentation, seeking to reduce the Maneka Gandhi-era central oversight to fast-track approvals for…
New Delhi: India and Singapore are exploring options for a proposed 2,000 MW cross-border power interconnection, Minister of State for power and renewable energy Shripad Yesso…
New Delhi: Commerce and industry minister Piyush Goyal on Thursday expressed confidence that India would achieve $1 trillion in exports of goods and services in the current…
Beginning October 9, the government will start a strict check of sugar stocks because sales and GST records from sugar mills show differences. The upcoming festival season is…