Mumbai: In a major relief for farmers, the Maharashtra Cabinet chaired by Chief Minister Devendra Fadnavis on Tuesday approved the extension of the electricity tariff subsidy for ultra-high pressure, high pressure and low pressure lift irrigation schemes till March 31, 2027. The move will benefit around 1,789 lift irrigation schemes across the state, significantly reducing...
Lucknow/Patna: Nepal’s government has blocked several major social media platforms since September 4, including Facebook, Instagram, WhatsApp, X (Twitter), and YouTube, allowing only TikTok to operate. The move, aimed at restricting apps not registered with Nepalese authorities, has triggered widespread protests among the youth across the country. The ban has also severely affected India, particularly...
Union Finance Minister Nirmala Sitharaman and Israel’s Finance Minister Bezalel Smotrich signed a landmark Bilateral Investment Treaty (BIT) in New Delhi on Monday, marking a significant step in promoting investments between India and Israel. According to the finance ministry, this agreement makes Israel the first OECD member to adopt India’s new investment treaty model. The...
New Delhi: President Droupadi Murmu on Monday emphasized that India must leverage its exceptional capabilities to transform global trade challenges into new opportunities. Speaking at the platinum jubilee celebrations of the Engineering Export Promotion Council (EEPC), she noted that India’s engineering export destinations have shifted significantly over the last seven decades. “EEPC should continue this...
New Delhi: Union Agriculture and Rural Development Minister Shivraj Singh Chouhan on Saturday said that the recent reduction in Goods and Services Tax (GST) rates on agricultural equipment will significantly lower farming costs and enhance farmer profits. Speaking to the media in Bhopal, Chouhan explained that GST on bio-pesticides and micro-nutrients has been reduced, encouraging...
New Delhi: In a landmark reform, the government has abolished Goods and Services Tax (GST) on a wide range of weapons, military aircraft, and defence equipment, while drastically reducing GST on drones from 28% to just 5%. The move is expected to provide a major push to India’s defence manufacturing ecosystem. Chief of the Army...
Mumbai: Diwan Arun Nanda, one of India’s most iconic advertising leaders and co-founder of Rediffusion, passed away on Saturday at the age of 76. His funeral will be held on Sunday, September 7, at Worli Crematorium in Mumbai at 11 a.m. An alumnus of IIM Ahmedabad, Nanda was the institute’s first gold medallist from its...
Chandigarh: Haryana Chief Minister Nayab Singh Saini on Saturday described the recently announced GST reforms as a historic move that will benefit every section of society, particularly farmers, the poor, and the middle class. He said the decision to slash GST rates on commonly used items will reduce inflation, increase savings for the middle class,...
Union Finance Minister Nirmala Sitharaman on Friday said that the recent GST rate cut will help boost domestic growth and counter the adverse impact of the US’s 50% tariff hike on Indian exports. Speaking in an interview, she stressed that India will continue to buy Russian oil based on economic considerations, as crude oil remains...
New Delhi: After completing the rationalisation of Goods and Services Tax (GST), the Narendra Modi-led government is now preparing to roll out a relief package for Indian exporters impacted by steep tariffs imposed by US President Donald Trump. According to official sources, the package is expected to provide targeted support to sectors struggling under the...