Category: Economy
Demerger may not be tax-neutral if holding company issues shares: Mumbai ITAT
Mumbai: In a ruling that carries significant implications for corporate restructuring transactions, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) recently held that…
India’s richer middle class is living a more dollar-linked life while earning in rupees
From overseas holidays and foreign degrees to AI subscriptions and premium gadgets, India’s growing middle class is increasingly spending on products and services linked to…
‘Exclusively peaceful purposes’: Albanese confirms Australian uranium supply deal with India – The Economic Times Video
Australia and India reached a deal on Thursday to export Australian uranium to India for use in the nuclear energy industry, while agreeing to deepen…
India, Australia unlock uranium trade, step up energy and supply chain cooperation
India and Australia on Thursday finalised the administrative arrangements required to enable the export of Australian uranium to India, while committing to deepen bilateral energy…
India consumer inflation likely breached RBI’s 4% target in June, poll shows
Bengaluru: India’s consumer inflation likely breached the central bank’s medium-term target of 4% in June for the first time in 16 months, according to a…
ADB cuts India FY27 growth forecast to 6.6% on higher energy costs
India’s economy is expected to grow 6.6% in FY27, lower than the 6.9% forecast made in April, as higher oil prices and transportation costs weigh…
India defends itself against US forced labour charges; seeks resolution via trade talks as Trump tariffs loom
India has urged the United States to address concerns over proposed tariffs linked to forced labour through the ongoing bilateral trade agreement (BTA) negotiations rather…
PM Modi invites Australian businesses to invest in India, seeks early conclusion of CECA
Melbourne: Prime Minister Narendra Modi on Thursday pitched India as a long-term investment destination for Australian businesses and called for the early conclusion of the…
ADB cuts India’s FY27 GDP growth aim to 6.6% on higher energy prices
The Asian Development Bank (ADB) on Thursday lowered India’s GDP growth forecast for FY27 to 6.6% from the 6.9% projected in April, saying elevated energy…
India, Australia must move ahead as ‘natural and trusted partners’ amidst global uncertainty: PM Modi
Prime Minister Narendra Modi on Thursday pitched India and Australia as “natural and trusted partners” at a time when the world is grappling with uncertainty,…