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INDUSTRY CONCERNS OVER GST CLASSIFICATIONS
India bans 16 fixed-dose drug combinations over safety concernsIn a significant public health initiative, the ban on 16 fixed-dose drug combinations, including various antibiotics and topical formulatio...
Plan in the works to let hospitals import med equipment directlyIndia's drug regulator is proposing to allow hospitals to directly import advanced medical equipment like MRI and CT scanners, bypassing cu...
India's passenger vehicle sales expected to grow 4-6% in FY27: ReportPassenger vehicle sales are poised for a 4-6% expansion this fiscal, fueled by strong demand, improved affordability post-GST cuts, and the...
Indian two-wheeler industry to see moderate growth at 3-5% in FY27: ICRAIndia's two-wheeler sector anticipates a modest 3-5% wholesale volume growth in FY27, according to ICRA. While domestic demand and exports ...
FSSAI issues notices to Bikanervala, Marico, Param Dairy on consumer complaints, law violationIn a social media post, Food and Safety Standards Authority of India (FSSAI) said it has issued notices to several food business operators ...
Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSEChennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...
Nifty upside limited, but stock-specific opportunities remain: Pramod AmtheIndian equities face headwinds from inflation and monsoon uncertainty, yet opportunities exist. Pramod Amthe of InCred Capital highlights s...
Private bus operators raise concerns over Kerala's free travel scheme for womenPrivate bus operators in Kerala are worried about the new free travel scheme for women on KSRTC buses. They claim it is hurting their busin...
Petrol, Diesel prices today (June 16, 2026): Fuel rates remain unchanged across major Indian citiesFuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and g...
Investing abroad? These 7 costly mistakes could trigger an income tax noticeWealthy Indians are investing more abroad. However, they must understand the rules to avoid trouble. Mistakes like misusing investment rout...
World's hottest stock market turns focus to MSCI momentSouth Korea's stock market is nearing a significant milestone. Investors are watching for a potential upgrade to developed-market status by...
Iraq cancels $764 million Baghdad airport project over corruption concernsIraqi Prime Minister Ali al-Zaidi has put a halt to the $764 million initiative to revamp Baghdad International Airport, following serious ...
Alfredo sauce recall: Product sold in 41 US states gets FDA's highest-risk warning over possible Salmonella contaminationAlfredo sauce recall is underway across 41 states. The US Food and Drug Administration has classified this as a Class I recall, its most se...
South Korea’s world-beating stock market eyes its MSCI momentNow investors are awaiting MSCI Inc.’s annual market-classification review on June 23, when the index provider will decide whether Korea fi...
China issues guidelines on financial services data amid broader cybersecurity pushThe Cyberspace Administration of China said data would be classified into four levels-core, important, sensitive general and routine genera...
GST@9: Building a more seamless, certainty-driven input tax credit frameworkA more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...