Month: October 2026
GST officers must prove intent to evade tax before invoking fraud provision: CBIC
GST field officers cannot invoke provisions relating to fraud, wilful misstatement or suppression of facts merely because a taxpayer has not paid tax, the Central…
US, Brazil and Israel elections put India’s trade worth billions in focus
The elections in the United States, Brazil and Israel have brought India’s economic and strategic relationships with the three countries back into focus. For India,…
Uttar Pradesh turns to cattle to beef up rural incomes; ₹40,000 subsidy on offer per animal
Uttar Pradesh is turning to livestock farming to strengthen rural incomes, with a new mission offering financial assistance for indigenous cattle and subsidised insurance to…
RBI may raise repo rate to 6.25% by 2027 amid inflation risks: Deutsche Bank
New Delhi: The Reserve Bank of India (RBI) is likely to raise the repo rate to 6.25 per cent by the first half of 2027,…
India to implement changes to GST from November 1
India plans to implement easing rules related to the goods and services tax for post-sale discounts while speeding up provisional refunds for businesses facing inverted…
Resist temptation to defend ₹ at any cost: Raghuram Rajan cautions India against excessive use of forex reserves
India should resist the temptation to defend the rupee at any cost, even if that means allowing the currency to weaken further, former Reserve Bank…
Instagram rolls out 90-minute videos, microdramas amid tense rivalry with YouTube, TikTok
Meta Platforms Inc.’s Instagram is pushing deeper into video with new products to help it compete more aggressively with TikTok and Google’s YouTube, and lay…
Anthropic grows more reliant on Google, Amazon, Microsoft as cloud partnerships drive revenue, costs
Anthropic PBC is relying more and more on Alphabet Inc.’s Google, Amazon.com Inc. and Microsoft Corp. to sell its artificial intelligence technology to customers, despite…
Paytm has proven the resilience of its merchant-led model: JP Morgan
Paytm has demonstrated the resilience of its merchant-led business model through sustained growth, cost discipline and improving operating performance, according to global brokerage JP Morgan,…
Tata Motors, Amazon partner to deploy 3,000 electric trucks for ecommerce logistics
Tata Motors and Amazon have joined hands to deploy 3,000 electric trucks for e-commerce logistics, a joint announcement said on Tuesday. Heavy Industries Minister H…