Month: May 2026
ED arrests 3 founders of Gameskraft in PMLA case
The Enforcement Directorate on Friday arrested three founders of online gaming platform Gameskraft in an alleged fraud-linked money laundering case, officials said. They said Deepak…
Asia heat waves spell double trouble for economies hit by oil
Asia is grappling with a new threat to inflation on top of an oil shock as a looming El Niño brings soaring temperatures and dry…
Razorpay to solely focus on omnichannel for offline play
Online payments company Razorpay has tamed its offline expansion plans amid sluggish growth of the vertical, three industry executives aware of the matter told ET….
SC reviews GST on costs paid to municipal bodies
In a matter having “large ramifications,” the Supreme Court on Thursday said that it will examine whether goods and services tax (GST) under reverse charge…
Karnataka eyes larger role in commercial space economy; plans common testing facility
IT/BT Minister Priyank Kharge on Thursday said SpaceTech would be a key pillar of Karnataka’s deeptech ambitions under its “DeepTech Decade” vision, as the government…
India’s new safe harbour rules create fresh tax dilemma for multinationals, GCCs
Mumbai: Transfer pricing is back as an agenda item for multinationals as global capability centres (GCCs), technology captives and IT/ITeS arms re-examine long-settled transfer-pricing strategies…
MoSPI asks states to shift GSDP base year to 2022-23 for better economic data accuracy
New Delhi: The ministry of statistics and programme implementation (MoSPI) on Thursday released guidelines for compiling gross state domestic product (GSDP) with base year 2022-23,…
MSME min scheme created 36 L jobs during FY22-26
The Prime Minister’s Employment Generation Programme (PMEGP) of the ministry of micro, small and medium enterprises (MSME) generated employment for 36.33 lakh people and helped…
India’s 6.6% growth “very good record” amid global turmoil: Amitabh Kant
Despite a global backdrop of “extraordinary” challenges, including active warfare, broken supply chains, and rising protectionism, India’s 6.6% GDP growth cements its status as the…
CPSEs capex surges 63% in April, kick off FY27 on strong note
New Delhi: Capital expenditure by large public sector enterprises (CPSEs) and four key government entities surged 63% from a year earlier in April to Rs…