Sitharaman sees a ‘plateau’, but India-US trade deal may not be at a dead end yet: GTRI
India and the US could still conclude a limited interim trade agreement covering areas where negotiations have already been completed, even as the two sides…
German robot startup RobCo hits $1 billion valuation, CEO moves to US
German robotics maker RobCo on Monday said it had passed a $1 billion valuation and that its CEO Roman Holzl had relocated to the United…
Why is CH Robinson stock down? $5.8 billion RXO deal explained
Shares of CH Robinson Worldwide (CHRW) fell 7.4% in pre-market trading after the company announced a deal to acquire RXO Inc. The deal is worth…
GST Council likely to align export definition with forex earnings, clarify on overseas branch services
New Delhi: The GST Council on October 7 is likely to consider a proposal to make the definition of export aligned with commercial activities generating…
Niger or Nigeria? India probes soybean imports over suspected tax evasion, sources say
MUMBAI: Indian customs authorities are investigating a surge in soybean imports declared as originating in Niger, suspecting the cargoes came from Nigeria and were mislabelled…
India’s infrastructure challenge shifts from raising capital to making projects investable: Deloitte
New Delhi: India’s infrastructure challenge has shifted from raising capital to making projects investable, global accounting firm Deloitte said on Monday. In its report titled…
Indonesia’s mandatory halal rules may raise compliance burden for Indian exporters: GTRI
New Delhi: Indonesia’s mandatory halal-certification requirements, which would come into effect from this month, may raise the compliance burden for Indian exporters, think tank GTRI…
tax officers’ committees: GST shake-up: Council may rejig tax officers’ panels
New Delhi: Nine years after the rollout of the Goods and Services Tax, the GST Council is likely to consider recasting its tax officers’ committees,…
Sensex jumps 473 points, Nifty gains 134 points as softer US jobs data boosts Indian stock market sentiment
Benchmark equity indices Sensex and Nifty ended higher on Monday, as softer-than-expected US jobs data reduced expectations of aggressive monetary tightening by the US Federal…
GST enforcement may shift from ‘arrest’ to ‘detect, recover and prosecute serious frauds’
New Delhi: The Goods and Services Tax (GST) enforcement framework might soon see significant changes with tax officers likely to lose the power to arrest…