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In 2024–2025, India exported more over $20 billion worth of textiles to the US...

New Delhi, Aug 19: India's exports of textile products to the USA, the EU, and the UK touched the $20.7 billion mark for the financial year ended on March 31, 2025, the Parliament was informed on Tuesday.The USA and the EU are important markets for Indian textile products.During the year...
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According to the Center, there is no plan to levy transaction fees for UPI...

New Delhi, Aug 18: There is no proposal to impose transaction charges on unified payments interface (UPI) based digital payments, the government reiterated on Monday.Unified Payment Interface (UPI) transactions are facilitated by the National Payment Corporation of India (NPCI), and its...
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India's internal demand, policy easing to increase spending and GST reform:...

New Delhi, Aug 18: A likely overhaul of GST tax rates, coupled with support from other measures such as personal income tax cuts, monetary policy easing, signs of pickup in job growth and improving real wages, improves the outlook for consumption and domestic demand in India, a Morgan Stanley...
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ITR filing deadline extension is requested by the industry chamber to the CBDT

Mumbai, Aug 16: The Gujarat Chamber of Commerce and Industry (GCCI) has urged the Central Board of Direct Taxes (CBDT) to extend the September 15 deadline for filing income tax returns (ITRs) and tax audit reports for Assessment Year (AY) 2025-26, citing delays in the release of ITR utilities...
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India's logistics industry is expected to develop at 10.7% until 2026 and...

New Delhi, Aug 16: India’s logistics sector, valued at $215 billion in 2021, is well-positioned for strong growth with an expected compound annual growth rate (CAGR) of 10.7 per cent till 2026, government data showed on Saturday.The government’s decision to grant the sector infrastructure...
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GST amendments to boost consumers' disposable income: Expert

New Delhi, Aug 16: The government's plan to overhaul the Goods and Services Tax (GST) structure will give Indian consumers more disposable income, potentially boosting demand and overall consumption in the economy, said Najib Shah, former Chairman of the Central Board of Excise and Customs...
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Ahead of the crucial US-Russia summit, the Indian stock market remains flat

Mumbai, Aug 14: The Indian stock market settled flat on Thursday amid a mixed approach as investors remained cautious ahead of the crucial dialogue between US President Donald Trump and his Russian counterpart Vladimir Putin, scheduled for August 15.Sensex settled at 80,597.66, up 57 points or...
In the Indo-French ocean mission, India reaches a 5,000-meter deep dive milestone
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In the Indo-French ocean mission, India reaches a 5,000-meter deep dive...

New Delhi, Aug 14: The Ministry of Earth Sciences on Thursday announced the successful 5,000-metre deep dive of Indian aquanauts aboard the French submersible Nautile in the Atlantic Ocean.The achievement marks a major step towards India’s ambitious MATSYA 6000 project -- the nation’s first...
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Over the, next three, years, India's GDP is expected, to grow by 6.8% annually:...

New Delhi, Aug 14: India remains among the best-performing economies in the world, and "we expect growth dynamics to continue in the medium term", with GDP increasing 6.8 per cent annually over the next three years, S&P Global said on Thursday.India is prioritising fiscal consolidation,...
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Four changes to the Income Tax Act that will take effect in FY26 are explained

New Delhi, Aug 14: The government has introduced four amendments to the Income Tax Act, 1961, relevant for FY 2025-26, but included in the Income Tax Bill, 2025, applicable for FY 2026-27, Union Finance Minister Nirmala Sitharaman has said.The major amendment grants tax exemption on dividends,...
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The Sensex rises 304 points as the Indian stock market finishes high on lower...

Mumbai, Aug 13: The Indian stock market settled in green on Wednesday after the consumer price index (CPI) decreased to an eight-year low, amid strong buying in midcap stocks.India’s inflation rate based on CPI eased further to 1.55 per cent in July this year amid a decline in food prices....
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India's economy keeps growing quickly: CEA Nageswaran

Mumbai, Aug 13: The overall momentum of the Indian economy has not slowed, as is evident from high-frequency indicators and although trade-related issues are important, they should not overshadow other critical challenges, the government's Chief Economic Advisor (CEA) V. Anantha Nageswaran...
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