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Fuel Exports Hit 1-year High in July on Strong Diesel Margins
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India’s fuel exports hit 1-year high in July on strong diesel margins

New Delhi: The nation’s fuel exports surged to a one-year high last month as robust diesel margins, Russia’s diesel export ban and ample crude supplies…

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Posted in Economy

Reconfigured tax laws to help activate investments, boost manufacturing & foreign capital

New Delhi: The government is set to unveil a sweeping tax policy reset, extending incentives for manufacturing and relaxing rules for foreign investment funds through…

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Ex Swiggy, Zomato execs launch AI startup Profound, raise $1.5 million from Stellaris, 3one4
Posted in Startups

Ex Swiggy, Zomato execs launch AI startup Profound, raise $1.5 million from Stellaris, 3one4

Former Swiggy SVP Anuj Rathi and Zomato CTO Prashant Parashar have launched Profound, an agentic platform that creates AI representatives. The startup has raised $1.5…

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Payments bill revives hopes of MDR return on large-ticket UPI transactions
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Payments bill revives hopes of MDR return on large-ticket UPI transactions

The government’s proposed amendments to the Payment and Settlement Systems Act have revived hopes of the return of merchant discount rate (MDR) on select UPI…

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Auto PLI disbursals to reach Rs 4,000 crore in FY27

New Delhi: The government expects to disburse about ₹4,000 crore this fiscal year under the production-linked incentive scheme for automobile and auto components (Auto-PLI). These…

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Bike ambulance framework in the works, rollout from 2027
Posted in Economy

Bike ambulance framework in the works, rollout from 2027

New Delhi: Two-wheeled ambulances are set to become operational across the country from October 1, 2027, to support rapid emergency response and last-mile access to…

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Rajya Sabha passes MSME bill to curb payment delays

New Delhi: The Rajya Sabha on Monday passed the Micro Small and Medium Enterprises (MSME) Development (Amendment) Bill, 2026, which aims to address delayed payments…

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Rejig of global tax reporting rules to cover digital finance
Posted in Economy

Rejig of global tax reporting rules to cover digital finance

New Delhi: India has overhauled its global tax reporting framework to reflect the rapid evolution of digital finance, expanding foreign account tax compliance Act (FATCA)…

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Mfg Activity Hits 5-yr Low as Growth of New Orders Slows
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Manufacturing activity hits 5-year low as growth of new orders slows

New Delhi: India’s manufacturing activity slowed to its weakest pace in nearly five years in July as growth in new orders, input purchases and hiring…

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India, Uzbekistan should double bilateral trade in three years, says Piyush Goyal

New Delhi: India and Uzbekistan should aim to double bilateral trade over the next three years, commerce and industry minister Piyush Goyal said on Monday,…

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