CBDT tells tax officers to tighten scrutiny of unexplained income, assets
New Delhi: The Central Board of Direct Taxes (CBDT) has instructed assessing officers to exercise greater diligence and consistency in invoking anti-evasion provisions relating to…
India-Oman trade pact eases hiring of Indian workers by domestic investors in Muscat
New Delhi: Indian firms investing in Oman can hire Indian workers over and above the local employment requirements mandated by the Omani government under the…
RBI launches 2 key surveys
The Reserve Bank of India has initiated its annual surveys for the 2025-26 period. These surveys will gather crucial data on mutual funds’ foreign financial…
RBI clears 99% applications within deadline under Citizen’s Charter
Mumbai: The Reserve Bank of India (RBI) on Monday said it has processed 99.9 per cent of applications within the prescribed timeline under its Citizen’s…
Government raises onion buffer stock purchase price 24% to Rs 15.80/kg
New Delhi: The government has raised the procurement price for onions under its buffer stock programme by 24.4 per cent to Rs 15.80 per kg…
India, US near trade pact; tariff terms hinge on Section 301 relief, source says
NEW DELHI, – India is likely to discuss Washington’s Section 301 investigation and potential tariff measures with U.S. trade officials, as the two nations seek…
Prosus considering raising Delivery Hero stake in bid to thwart Uber takeover: Report
Synopsis Dutch tech investor Prosus is looking to buy more shares in Delivery Hero. This move aims to block a takeover bid from Uber. Prosus…
UK Business Secretary Peter Kyle to meet Piyush Goyal on June 2 over India-UK FTA rollout
UK Secretary of State for Business and Trade Peter Kyle will visit India on June 2 for high-level talks aimed at advancing trade ties and…
Cars24 launches AI lab, commits $20 million to AI, early-stage startups
SoftBank-backed Cars24 has launched Cars24 Labs, an initiative focussed on building artificial intelligence (AI) products and backing early-stage founders, with a commitment of $20 million….
India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%
India’s fiscal deficit stood at the budgeted 4.4% of GDP in fiscal 2026, official data showed on Monday, easing immediate concerns over government finances while…