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Posted in Economy

UK car imports to get lower duty from July 15; India issues application process

New Delhi, India has notified the procedure for importers to seek government approval to avail quota-based duty concessions on imports of passenger cars and goods…

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Vedanta Aluminium has been classified as a large-cap company by the Association of Mutual Funds in India (AMFI) in its July 2026 half-yearly reclassification. (Vedanta Aluminium)
Posted in Business

Vedanta Aluminium classified as large-cap firm within weeks of listing

Vedanta Aluminium has been classified as a large-cap company by the Association of Mutual Funds in India (AMFI) in its July 2026 half-yearly reclassification, less…

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RBI faces $100 billion challenge after record currency defense

Over the past two years, India’s central bank built one of the world’s largest bearish dollar bets to support a persistently weak rupee. It now…

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EAM Jaishankar arrives in Oman as part of multi-nation tour, visit to focus on bilateral ties

Muscat: External Affairs Minister S Jaishankar arrived in Oman and was received by Sheikh Ahmed Al Maskari, Director General of the OmForeign Ministry. In a…

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PM Modi meets Australia’s Opposition leader, discusses bilateral ties

Melbourne: Prime Minister Narendra Modi, who is on a three-day visit to Australia, met the country’s Leader of Opposition Angus Taylor on Friday and discussed…

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Alpha Wave’s Kathuria set to exit amid India reset; to float Rs 1,000-crore fund
Posted in Startups

Alpha Wave’s Kathuria set to exit amid India reset; to float Rs 1,000-crore fund

Ankur Kathuria, senior director at Alpha Wave Global, formerly Falcon Edge, has decided to move on from the US-based investment firm, adding to an expanding…

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Bellatrix Aerospace eyes 5x revenue jump as production scales up
Posted in Startups

Bellatrix Aerospace eyes 5x revenue jump as production scales up

Spacetech startup Bellatrix Aerospace is targeting more than fivefold revenue growth this fiscal year as it ramps up commercial production of satellite propulsion systems, buoyed…

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Uranium, energy pacts with Australia to charge up India

New Delhi: Australia agreed to supply uranium to power India’s nuclear reactors as the two countries elevated their comprehensive strategic partnership with accords on defence,…

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Deficit shrinks to 15% but uneven rains fan Kharif concerns

New Delhi: The southwest monsoon has recovered sharply after a weak June, but its uneven distribution continues to pose risks to the ongoing kharif season…

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Foreign tax data to be included in Form 26AS
Posted in Finance

Foreign tax data to be included in Form 26AS

New Delhi: The Central Board of Direct Taxes (CBDT) has directed that financial account information received from overseas tax authorities be included in taxpayers’ Form…

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