Tag: india

FILE PHOTO: Income-tax department tracks all transactions involving domestically-located exchanges through their income-tax returns (ITRs) that have to disclose VDA-related transactions (REUTERS)
Posted in Business

India may mandate 3rd-party reporting rules from April 1| Business News

NEW DELHI: India plans to further tighten its regulation of cryptocurrency tractions and could mandate third party reporting from April 1, two people aware of the…

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Posted in Economy

India, EU reaffirm farmer, MSME safeguards at FTA talks

New Delhi: India and the EU on Friday held talks in Brussels on the proposed Free Trade Agreement (FTA) and reaffirmed their commitment to a…

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Posted in Economy

Budget 2026 key to India’s GCCs becoming the world’s next innovation engines

The forthcoming Union Budget 2026 offers a strategic opportunity to support and build on India’s leadership position as a world hub for Global Capability Centres…

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Bangladesh tariffs on Indian yarn could hit domestic prices, mills, and farmers, analysts said. (FILE)
Posted in Business

Bangladesh considers tariffs on Indian cotton yarn imports| Business News

NEW DELHI: Bangladesh is mulling tariffs on Indian cotton yarn imports, with the Bangladesh Trade and Tariff Commission discussing this on January 5, Indian yarn industry executives…

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Posted in Economy

India’s GDP pegged to grow at 7.4% for FY26 despite tariff heat

India on Wednesday projected economic growth of 7.4% in fiscal 2025–26, underscoring resilience in Asia’s third-largest economy even as global growth slows and financial conditions…

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The HSBC India Composite PMI Output Index, which combines manufacturing and services activity, eased to 57.8 in December from 59.7 in November (HT File/Praful Gangurde)
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India’s services sector activity eases in Dec, shows PMI survey| Business News

NEW DELHI:Growth in India’s services sector moderated in December as softer expansion in new business weighed on output growth towards the end of 2025, according to…

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Union minister of commerce and industry Piyush Goyal (ANI)
Posted in Business

Piyush Goyal heads to Brussels for India-EU FTA talks| Business News

NEW DELHI: Union commerce and industry minister Piyush Goyal will visit Brussels this week to provide “strategic guidance” to negotiators finalising the contours of a mutually beneficial…

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The daily average price of various crude grades (popularly known as Indian basket) dipped to $59.29 a barrel on January 5. T (AFP)
Posted in Business

India’s crude import cost slips below $60 a barrel| Business News

NEW DELHI: India’s average crude oil import cost fell below $60 a barrel on Monday, among the lowest it has been in five years despite global geopolitical…

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Posted in Economy

Budget 2026: India’s time for power move to cut reliance on China and others

India Budget: With the budget weeks away, India is doubling down on efforts to reduce dependence on imported energy, electronics and defence equipment, recasting supply…

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Posted in Economy

RBI set for further easing — 50 bps cut possible in 2026: Report

New Delhi: The Reserve Bank of India still has room for a further 50 basis points (bps) cut in policy rates in 2026, following bumper…

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