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India is accelerating trade agreements, thus the US must respond quickly: Report

New Delhi, July 26: As India continues to sign trade deals at a blistering pace, the latest one with the UK, the much-awaited pact with the US is yet to see the light of the day amid hectic negotiations from both sides.According to an article in Newsweek, there is still no trade deal with the...
India and the Maldives will strengthen their bilateral collaboration in aquaculture and fisheries
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India and the Maldives will strengthen their bilateral collaboration in...

New Delhi, July 26: The memorandum of understanding (MoU) between India and the Maldives to enhance bilateral collaboration in the fields of fisheries and aquaculture aims to promote sustainable tuna and deep-sea fisheries, strengthen aquaculture and sustainable resource management, foster...
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ITR filing: New tax slabs and guidelines to follow before filing

New Delhi, July 26: Taxpayers filing tax returns for FY25 should be aware of the new income tax slabs and capital gains tax structure brought in by the Union Budget 2024, according to experts.As per new tax slabs, individuals with taxable income up to Rs 12 lakh get full tax rebate under the...
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Govt makes tax compliance easier for content creators, influencers

New Delhi, July 26: This tax season marks a significant change in the filing of returns for social media content creators and influencers, with their income now being classified under a specific category.The Income Tax Department has introduced a new code namely '16021' under Income Tax Return...
In five years, the government will invest Rs 1,481 crore to support the handloom sector: Minister
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In five years, the government will invest Rs 1,481 crore to support the handloom...

New Delhi, July 26: There are more than 31.45 lakh handloom cottage units functioning in the country, and the government has allocated funds worth Rs 1,516 crore and disbursed Rs 1,480.71 crore to promote the industry during the last five years.Union Textiles Minister Giriraj Singh said in a...
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The government signs a Rs 2,000 crore agreement with BEL to purchase Army air...

New Delhi, July 25: The Ministry of Defence on Friday signed a contract with public sector defence company Bharat Electronics Limited (BEL) for the procurement of Air Defence Fire Control Radars for the Indian Army, worth approximately Rs 2,000 crore, under the Buy (Indian-Indigenously...
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Indian stock market ends sharply lower amid overall heavy selling

Mumbai, July 25: The Indian stock market closed in the negative territory on Friday, with the domestic stock indices declining by up to a per cent amid selling pressure.Sensex closed at 81,463.09, down 721.08 or 0.88 per cent. The 30-share index started the trade in negative territory at...
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Future UPI payments must be made in a way that is financially viable: The...

Mumbai, July 25: The era of completely free digital transactions via the Unified Payments Interface (UPI) may not last forever, RBI Governor Sanjay Malhotra signalled on Friday, adding that the UPI interface should be made financially sustainable in the future.The UPI system is currently free...
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During PM Modi's tenure, India's aviation, highways, rail, and maritime...

New Delhi, July 25: Prime Minister Narendra Modi’s tenure as the second-longest serving premier of India, next only to Jawaharlal Nehru, has witnessed a radical transformation in the country's transport infrastructure across the highways, railways, maritime and civil aviation sectors on the...
According to a top government source, Indias natural gas consumption is expected to exceed 103 bcm annually by 2030
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According to a top government source, India's natural gas consumption is...

New Delhi, July 24: Overall natural gas consumption in India is estimated to reach 103 billion cubic meters (bcm) per year by 2030, representing a near 60 per cent increase from current levels, a top government official said here on Thursday.In his address at an event, organised by the Chintan...
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Air India receives notices from the DGCA for violating safety regulations; the...

New Delhi, July 24: The Directorate General of Civil Aviation (DGCA) sent notices to Air India in the last one year for breaching safety standards related to crew fatigue management and training, and the airline said on Thursday it "will respond to the said notices within the stipulated...
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ED files FEMA complaint against Myntra for alleged FDI violation worth Rs 1,654...

New Delhi, July 23: The Enforcement Directorate (ED) on Wednesday said that it has filed a formal complaint against Myntra Designs Private Limited, its related companies, and their directors for alleged violations under the Foreign Exchange Management Act (FEMA), 1999.The action was taken by...
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