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Posted in Economy

India in striking distance of 8% growth as reforms boost economy: Shaktikanta Das

Mumbai: India is expected to remain the fastest-expanding major economy on the planet, boosted by policy stability and reforms that are aimed at reducing import…

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If you are a legal heir but another family member is the sole nominee, even if there is a will which states that you should receive a share of the financial asset, the nominee may refuse. (Unsplash)
Posted in Business

Your Money: The hidden challenges of inheriting wealth

Inherited wealth is often referred to as a windfall gain, until you realise that it comes with transfer formalities, court visits, perhaps a tax incidence,…

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Posted in Economy

GST registration gets easier as CBIC drops Udyam proof, sets seven-day limit for approvals

New Delhi: Businesses applying for goods and services tax registration will no longer have to produce Udyam certificates verifying their MSME status or explain why…

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Posted in Economy

Centre eases GST rules for post-sales discounts, no prior agreement needed from November 1

The Centre eased GST rules for post-sales discounts, removing the requirement for such discounts to be backed by an agreement entered into before or at…

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Posted in Economy

India to emerge as major exporter to China, ASEAN, get edge in US trade pact, says Piyush Goyal

The Hague: India will emerge as a major exporter of goods and services to China and the ASEAN region in the coming years, commerce and…

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Posted in Economy

Government mulls simplifying application process under Press Note 2 to ease FDI flow from border nations: Sources

New Delhi: The government is considering simplifying the application process for Press Note 2 to ease foreign direct investment (FDI) in local entities holding less…

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Posted in Economy

Russia’s farm exports to India rise 11% in nine months, led by sunflower oil

Russia’s agricultural exports to India increased in the first nine months of the year, buoyed by sunflower oil shipments, the Russian agency Agroexport has announced….

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Harmonic AI startup: Robinhood CEO's AI startup Harmonic expands into software, chip design verification
Posted in Startups

Harmonic AI startup: Robinhood CEO’s AI startup Harmonic expands into software, chip design verification

Harmonic, the AI startup co-founded by Robinhood CEO Vlad Tenev, said on Tuesday it was expanding its Aristotle model from mathematical proofs into software and…

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Posted in Economy

RBI Governor Sanjay Malhotra urges states to ensure quality spending, prudent borrowing

Kolkata: Reserve Bank of India Governor Sanjay Malhotra on Tuesday urged state governments to ensure quality of expenditure, and adopt prudent borrowing and cash management…

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Posted in Economy

India considers measures to boost local production of 100 critical inputs to cut import reliance, government official says

India is considering measures to promote local production of 100 items that it has identified as inputs critical for its factories, as it looks to…

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