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India exempts some chemicals from import duty
India has exempted a wide range of chemicals from import duty for about three months, according to a government notice dated Wednesday. The exemptions, effective…
India’s economy puts up brave front as GST, auto sales and UPI payments surge despite Gulf war
New Delhi: High-frequency indicators released at the end of the fiscal year signalled that India’s economy has stayed resilient despite disruptions stemming from the Gulf…
GAAR shadow over payments abroad worries India Inc
India Inc is awaiting the government to clear the fog on invocation of the General Anti-Avoidance Rules (GAAR), which deters aggressive tax planning, on a…
India has managed war disruptions better than many other economies: P D Singh
Indian companies and banks are weathering the impact of the West Asia conflict better than many global peers, with deal pipelines largely intact and only…
Real GDP growth may slow on costly crude: Credit rating agencies
Kolkata | Mumbai: India’s real GDP growth, which includes the price deflator impact, may moderate to 6.5% or below in FY27 after the Iran war…
USTR lists India’s UPI and data rules as trade barriers
New Delhi: The US has listed India’s preference for use of domestic satellites for direct-to-home (DTH) television services, the inability of American electronic payment services…
SEZ units can sell locally at lower duty for one year
New Delhi: In a relief to exporters, India has announced a one-time relief measure for units in special economic zones (SEZ), allowing them to sell…
Despite rate reset, GST collection rises on strong consumption
New Delhi: India’s goods and services tax (GST) collections closed on a firm footing in the just-ended fiscal year, with March collections crossing ₹2 lakh…
Tanker carrying Iranian crude oil headed for India after a 7-year gap| Business News
A tanker with Iranian crude oil has been flashing India’s west coast as its destination, according to maritime tracking sites, in what could be the…
India permits exports of essential commodities to Maldives for 2026-27
New Delhi, India on Wednesday permitted export of specified quantities of certain commodities like eggs, potatoes, onions, rice, wheat flour, sugar, and dal for the…