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US tariffs: Crisil claims that robust corporate expansion and government...

New Delhi, Aug 12: Strong corporate balance sheets, potential bilateral trade agreements with other countries and the possibility of support from the Indian government for the impacted sectors could mitigate the credit impact to some extent arising due to increased US tariffs on India, a...
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Banks are allowed to choose the minimum account balance: RBI Governor on the...

New Delhi, Aug 11: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday said that the minimum balance limit for saving accounts will be decided by banks as the decision does not fall under any regulatory jurisdiction, after India’s second largest lender ICICI Bank raised the monthly...
FM Sitharaman presents the updated Income Tax Bill to Parliament in order to increase clarity and equity
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FM Sitharaman presents the updated Income Tax Bill to Parliament in order to...

New Delhi, Aug 11: Union Finance Minister Nirmala Sitharaman on Monday introduced a revised version of the Income Tax Bill, 2025, incorporating most of the recommendations made by the Parliamentary Select Committee headed by BJP leader Baijayant Panda, in the Lok Sabha amid Opposition...
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Passengers are stranded  for an hour at Raipur airport as the Air India airplane...

Raipur, Aug 11: A technical snag in an Air India flight arriving from Delhi led to a tense hour-long delay at Raipur airport, leaving around 160 passengers, including a sitting MLA, stranded inside the aircraft with no immediate explanation.Flight AI 2797 departed Delhi at 8.15 p.m. and landed...
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The Income Tax Department makes available the ITR-5 Excel utility for submitting...

New Delhi, Aug 9: The Income Tax Department on Saturday released the ITR-5 Excel Utility for Assessment Year 2024–25. This utility can be used by partnership firms, Limited Liability Partnerships (LLPs), and cooperative societies to file their annual returns.Associations of Persons, Bodies of...
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Indian Railways offers an affordable "Round Trip Package" for travel during the...

New Delhi, Aug 9: To avoid rush by ensuring hassle-free ticket booking experience during the upcoming peak festive seasons, the Ministry of Railways on Saturday said that it has decided to formulate a 'Round Trip Package' on discounted fare and rebates benefit.The move will facilitate...
In FY25, Indias defense production increases to an all-time high of Rs 1.51 lakh crore:  Rajnath Singh
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In FY25, India's defense production increases to an all-time high of Rs 1.51...

New Delhi, Aug 9: Defence Minister Rajnath Singh on Saturday said the annual defence production has soared to an all-time high of Rs 1,50,590 crore in FY 2024-25.The milestone represents a robust 18 per cent growth over the previous fiscal's output of Rs 1.27 lakh crore, and a staggering 90...
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Indian Railways is improving its system for booking passengers so that it can...

New Delhi, Aug 9: Indian Railways is upgrading the current passenger reservation system to handle over 100,000 tickets per minute from existing 25,000, according to the government.Indian Railways is undertaking complete revamp of passenger reservation system (PRS) through Centre for Railway...
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The government withdraws the 2025 Income Tax Bill from the Lok Sabha; a revised...

New Delhi, Aug 8: The Income Tax Bill, 2025, which was introduced in the Lok Sabha on February 13 to replace the existing Income Tax Act, 1961, has been formally withdrawn, sources said on Friday.A new version of the Income Tax Bill, incorporating most of the recommendations made by the Select...
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Budget homes' demand drops as homes priced between Rs 50 lakh and Rs 1 crore...

New Delhi, Aug 8: India’s residential real estate market is witnessing a notable shift in buyer preferences, with the Rs 50 lakh to Rs 1 crore budget segment emerging as the most in demand, accounting for approximately 28 per cent of homebuyers in 2022, rising to 32 per cent in 2023 and...
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Investigation into the Air India tragedy is still underway, and this year the...

New Delhi, Aug 7: The investigation into the fatal Air India crash on June 12 in Ahmedabad is ongoing, and the Aircraft Accident Investigation Bureau (AAIB) will examine all the aspects to determine the probable causes and contributory factors leading to the flight AI 171 accident, the...
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US President Trump has threatened to impose 100 percent tariffs on electronics...

New Delhi, Aug 7: US President Donald Trump announced plans to impose a 100 per cent tariff on all imported semiconductors and chips in order to strengthen domestic production.“A 100 per cent tariff (will be imposed) on all chips and semiconductors coming into the US. But if you’ve made a...
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