Month: December 2025

The 56th GST Council decided to remove compensation cess in a phased manner until the remaining liability of the back-to-back loans taken to fund state revenue losses during the pandemic period was discharged. (Pixabay)
Posted in Business

GST compensation cess on tobacco to end on Feb 1; new laws notified| Business News

NEW DELHI: The government on Wednesday formally annulled the vestige of compensation cess on sin goods such as cigarettes and tobacco products from the Goods…

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Posted in Economy

Duty imposed on some steel items for 3 years to counter cheap imports

New Delhi: India has imposed a safeguard duty on certain steel products for three years to protect domestic players from significant increase in cheap imports….

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Posted in Economy

Nashik-Solapur-Akkalkot corridor, NH-326 widening get cabinet nod

New Delhi: The Union Cabinet on Wednesday approved the construction of six-lane greenfield access-controlled Nashik-Solapur-Akkalkot corridor in Maharashtra with a total capital cost of ]₹19,142…

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Israeli trade negotiators to visit India in January for FTA talks
Posted in Economy

Israeli trade negotiators to visit India in January for FTA talks

New Delhi: Israeli trade negotiators are expected to visit India in January for a pre-round of trade agreement (FTA) negotiations, an official said, adding that…

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Air India is yet to comment on the DGCA notice sent on December 29. (REUTERS FILE PHOTO)
Posted in Business

DGCA notice to Air India for operating Boeing 787-8 Dreamliner despite snags| Business News

NEW DELHI: The Directorate General of Civil Aviation (DGCA) has issued a notice to Air India, flagging safety concerns regarding the operation of Boeing 787-8 Dreamliner…

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Posted in Economy

India imposes provisional anti-dumping duty on low ash metallurgical coke imports

India on Wednesday imposed a provisional anti-dumping duty of $60.87-$130.66 per tonne on low ash metallurgical coke imports for six months, Reuters reported, citing a…

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The Integrated Renewable Energy Policy was notified on December 25 (Representative Image/iec.ch)
Posted in Business

Gujarat opens rooftops to wind power under new renewable energy policy| Business News

Gujarat’s new renewable energy policy has opened the door to individuals installing mini- and micro-wind turbines on the rooftops of private premises for on-site consumption…

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Posted in Economy

Sanjay Malhotra asks RBI staff to persist in calibrating regulations, focus on customer centricity in new year

Mumbai: Governor Sanjay Malhotra on Wednesday asked the Reserve Bank staff to persist with regulatory calibrations and sharpen supervision in the new year. In his…

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Posted in Economy

Economy growing at robust pace, banking sector remains sound: RBI report

Mumbai, The Indian economy is growing at a robust pace, driven by strong domestic demand, low inflation, and the healthy balance sheets of banks, said…

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Posted in Economy

Govt keeps small savings interest rates unchanged for March quarter

The government on Wednesday retained interest rates for a dozen small savings schemes, including the tax-saving Public Provident Fund (PPF) and Sukanya Samriddhi accounts, for…

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