Month: August 2026
India considers curbing use of sugarcane for ethanol to tame record-high sugar market
MUMBAI/NEW DELHI: India is considering restricting the amount of sugarcane used for ethanol in the season beginning October to boost sugar output and try to…
Lower or nil TDS certificates to go fully online soon, rules being framed
The Income Tax Department is preparing rules to allow taxpayers to electronically apply for lower or nil tax deducted at source (TDS) certificates, Parliament was…
Govt says youth unemployment rate declined to 9.9% in 2025 from 10.9% in 2022
New Delhi: The estimated unemployment rate among youth aged 15-29 years declined to 9.9 per cent in 2025 from 10.9 per cent in 2022, while…
Govt mops up Rs 45,306 cr from disinvestment, asset monetisation in FY26; exceeds RE target
New Delhi: The government’s combined mop-up from disinvestment and asset monetisation stood at Rs 45,306 crore in FY26, exceeding the Revised Estimates, Minister of State…
After a dash for hot dollars, India dives deep for sticky money
A proposal to raise the threshold for foreign direct investment (FDI) projects requiring Cabinet Committee on Economic Affairs approval from Rs 5,000 crore to Rs…
Centre unlikely to dilute strategic sale list despite ministries’ push for review
The Centre is unlikely to dilute its list of public sector enterprises identified for strategic sale despite repeated demands from several ministries to reconsider the…
GeM gross merchandise value surges from Rs 422 crore to over Rs 1.55 lakh crore in a decade: Piyush Goyal
New Delhi: Government e-Marketplace (GeM) recorded a Gross Merchandise Value (GMV) of over Rs 1,55,000 crore, expanding from Rs 422 crore a decade ago, as…
GalaxEye: GalaxEye acquires StarOps, looks to strengthen satellite engineering after Drishti setback
Infosys-backed spacetech startup GalaxEye has acquired spacecraft engineering company StarOps to strengthen its in-house satellite development capabilities. StarOps traces its origins to TeamIndus, India’s first…
Karnataka-backed SFAL’s deeptech portfolio crosses Rs 1,000-crore valuation
The Semiconductor Fabless Accelerator Lab (SFAL) Foundation, a Karnataka government-backed initiative, has supported more than 100 semiconductor and electronic systems companies since its inception in…
Zomato’s District is shopping for growth beyond its dining business
Eternal-owned District is betting that offline shopping will emerge as its second-largest business within the next three years, as the company broadens its ambitions beyond…