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Trade deals open new markets for Indian medical device makers, but import risks remain: AiMeDThe EU offers the biggest long-term opportunity for Indian medical device makers, while the UK has more immediate strategic value, says AiM...
India's fuel exports hit 1-year high in July on strong diesel marginsIndia's fuel exports hit a one-year peak in July, driven by strong diesel margins. Russia's diesel export ban and global supply voids creat...
India raises windfall tax on petrol exports to Rs 3.5/litre, diesel to Rs 24/litre from August 3The government has decided to raise the windfall tax on fuel exports, now charging Rs 3.5 per litre for petrol and a steep Rs 24 per litre ...
Government plans to ease forex rule for SEZ services exports to domestic tariff areasThe current provision under Section 2(z) of the SEZ Act, 2005 mandates that proceeds for SEZ to DTA supplies of services must be realised i...
India needs more GST relief to make travel affordable, drive tourism growth: SOTC Travel MDFurther GST rationalization on domestic hotels and restaurants could fuel tourism growth. The government's move to reduce tax collected at ...
BEE's draft CAFE norms risk derailing India's EV ambitions, industry competitivenessDelhi's revolutionary electric vehicle policy stands at odds with the Bureau of Energy Efficiency's updated CAFE standards. The latest guid...
India doubles down on strategic manufacturing--from semiconductors to hydrogen trains: Finmin ReportIndia is accelerating a broad-based industrial strategy that spans semiconductors, electronics, commercial space, green mobility, rare eart...
Rajasthan footwear artisan earning Rs 15,000 a month received Rs 6 cr tax notice: A fake export firm in TN with Rs 6.7 crore GST dues was allegedly registered using his PANRajasthan footwear artisan Jitendra Kumar Jingar, who earns Rs 10,000 to 15,000 a month making traditional leather shoes in Balotra distric...
IndiGo's Rahul Bhatia urges govt to cut taxes, airport charges to lower airfaresIndiGo's managing director seeks tax and airport charge rationalization for lower airfares. He argues that reduced costs will unlock massiv...
US economy expands 1.5% in Q2, misses forecasts despite spending reboundThe US economy expanded at a slower 1.5% pace in the second quarter. Strong consumer spending and AI infrastructure investment supported ov...
Reliance ramps up diesel exports to Europe, Brazil in July, sources sayReliance Industries sharply increased diesel exports to Europe and Brazil in July as global fuel markets tightened following the US-Iran co...
Has government scrapped Long Term Capital Gain (LTCG) tax for foreign investors? Finance Ministry repliesThe government has clarified no LTCG tax scrapping for foreign investors. Only investments in Government Securities now receive tax exempti...
Finance ministry calls for faster policy action to sustain growth amid global uncertaintyIndia's finance ministry stressed faster policy responses and stronger implementation for investment. The economy shows resilience despite ...
Mideast war supercharges electric car sales: IEASoaring fuel prices due to the Mideast war have supercharged sales of electric cars in the second quarter, the International Energy Agency ...
How the Mobile Phone Manufacturing Scheme could make India a global electronics manufacturing hubIndia's new Mobile Phone Manufacturing Scheme prioritses scale and exports. This strategy aims to build a robust electronics manufacturing ...
Parliament Watch: FM on rupee, Rs 16.1 lakh cr fuel taxes, India-US trade talks and moreRupee depreciation is influenced by rising crude oil prices and reduced capital account support. India monitors US trade policy changes and...
Ethanol ATMs coming soon: The biofuel story is racing ahead of E20India's ethanol policy is entering a new phase as the government explores ethanol ATMs, ethanol cooking fuel, sustainable aviation fuel (SA...