Mumbai: Taxpayers are reminded that the last date to file their Income Tax Return (ITR) for the financial year 2024-25 is September 15, 2025. Experts are advising taxpayers to exercise caution while filing, particularly regarding dividend income. Many investors notice discrepancies between the dividend amounts credited to their bank accounts and the figures shown in...
London: The India-UK Free Trade Agreement (FTA), officially known as the Comprehensive Economic and Trade Agreement (CETA), signed by Prime Ministers Narendra Modi and Keir Starmer on July 24, will slash trade tariffs from 15 per cent to 3 per cent, providing a major boost to business confidence in a volatile global environment. This was...
India’s first tempered glass manufacturing plant was inaugurated on Saturday in Noida by Union Electronics and IT Minister Ashwini Vaishnaw. The facility, a joint venture between Indian electronics manufacturer Optiemus Infracom and global materials science leader Corning, marks a significant milestone in India’s electronics manufacturing sector. Speaking at the launch, Vaishnaw highlighted the rapid growth...
President Donald Trump announced the termination of the long-standing de minimis shipping exemption, a policy that previously allowed duty-free import of low-value goods into the United States. The decision, aimed at curbing illicit narcotics shipments and reducing foreign e-commerce advantages, has significant implications for online shoppers, small businesses, and global postal services. The move is...
India’s economy expanded by 7.8 percent in the first quarter (April–June) of FY 2025-26, surpassing analysts’ expectations and signaling continued momentum despite global uncertainties and inflationary pressures. According to data released by the National Statistics Office (NSO) on Friday, real GDP, which accounts for inflation, rose to Rs 47.89 lakh crore from Rs 44.42 lakh...
New Delhi: The government has approved the appointment of former Reserve Bank of India (RBI) Governor Urjit Patel as Executive Director (ED) at the International Monetary Fund (IMF) for a three-year term. He will succeed K V Subramanian, whose tenure was cut short by six months, effective April 30, 2025. The Appointments Committee of the...
The Maharashtra government is evaluating a significant revision to private sector working hours, proposing an increase from the existing nine-hour limit to a 10-hour workday. Labour Minister Akash Fundkar revealed that this measure was introduced during a recent state cabinet meeting in Mumbai and is currently under deliberation. No final decision has been made, as...
India is set to launch targeted outreach programs in 40 key markets, including the UK, Japan, South Korea, Germany, France, Italy, Spain, Canada, and Australia, to boost textile exports amid the steep 50% tariff imposed by the United States on Indian goods. According to an official statement, these initiatives aim to position India as a...
Bollywood superstars Shah Rukh Khan and Deepika Padukone, who serve as brand ambassadors for Hyundai Motor India, have been named in an FIR filed in Rajasthan’s Bharatpur district. The complaint, lodged by local lawyer Kirti Singh, accuses the automaker, its officials, and the celebrities of promoting a defective car model that allegedly endangered her family’s...
New Delhi: The Confederation of Indian Industry (CII) has unveiled a detailed reform roadmap aimed at accelerating India’s economic transformation and achieving the vision of Viksit Bharat. The report, titled Policies for a Competitive India, outlines over 250 actionable recommendations across 14 critical areas, including GST, trade policy, employment, energy, and sustainability. CII has proposed...