Month: July 2026
Wholesale inflation hits record 9.9% in June on fuel, food prices
New Delhi: India’s wholesale inflation rose to a record 9.9% year-on-year in June, driven by an increase in fuel and food prices amid continued impact…
Input tax credit relief for companies on staff cars, insurance likely
New Delhi: Companies may soon be allowed to claim input tax credit (ITC) on vehicles purchased in the company’s name for employees’ use and on…
NEW ISP: 14 of 19 sectors see double-digit growth in April
New Delhi: India’s formal services economy started the new fiscal year on a strong note, with 14 of the 19 sectors covered under the newly…
Rice, oilseed, pulses prices rise as Kharif crop sowing declines
New Delhi: Reduced sowing of key kharif crops is beginning to push up retail prices, signalling fresh inflationary pressure. Inflation has started inching up in…
India bans import of goods made with forced labour
New Delhi: India has amended its foreign trade policy to prohibit the import of goods produced using forced labour amid a US investigation into forced…
Government may let statutory bodies to regulate members in multidisciplinary partnerships
New Delhi: The government is considering allowing statutory bodies overseeing individual professions to regulate their respective members in proposed multidisciplinary partnerships (MDPs), instead of creating…
India and UK in talks on Britain’s carbon tax rules: Commerce Secretary Rajesh Agrawal
New Delhi: India and the UK are engaged in discussions on Britain’s carbon tax regulation, commerce secretary Rajesh Agrawal said, assuring that India has been…
Delivery Hero confirms negotiations on possible acquisition by Uber
Synopsis Delivery Hero said the potential offer would be made to all of its shareholders and that it would not comment on speculation regarding an…
Govt issues norms to implement global outreach initiative for branding, labelling, export packaging
New Delhi, The government on Tuesday issued detailed operational and procedural guidelines for implementing a global outreach initiative for branding, labelling and export packaging. The…
How $9.99 Became the Most Compelling Price in Retail
There’s a magic number that makers of everyday goods are obsessed with: $9.99. Craft-store chain Michael’s is expanding its selection of under-$10 offerings. Just a…