India says mining tax curbs for states needed to prevent market fragmentationThe Indian government has implemented restrictions on new state taxes concerning mineral rights and land to streamline the national market ...
14 Aug, 2026, 10.45 PM IST
India's green bonds find footing as stable 'greenium' underscores investor appetiteInsurers in India are showing significant interest in sovereign green bonds, aiding in the establishment of a substantial greenium. With ma...
14 Aug, 2026, 05.48 PM IST
Parliament Watch: Mines & minerals update bill approved, EPFO declarationsParliament has approved a bill to regulate state governments' powers on mining taxes. This new legislation aims to ensure global competitiv...
14 Aug, 2026, 01.25 AM IST
- The Sultanate’s Surcharge: MMDR Amendment shifts wealth from states to miners
Parliament passed the Mines and Minerals Amendment Bill 2026 on Thursday. This legislation aims to standardize mineral taxation across Indi...
14 Aug, 2026, 12.39 AM IST
Parliament passes Mines and Minerals Amendment Bill, empowering Centre to regulate state mining leviesParliament approved the Mines and Minerals Amendment Bill, 2026, on Thursday. This legislation empowers the central government to regulate ...
13 Aug, 2026, 07.12 PM IST
Global Market: Japanese bond yields hold near highs as markets brace for BOJ rate hikeJapanese government bond yields remained broadly steady as investors increased bets on a possible Bank of Japan rate hike in September. Sho...
13 Aug, 2026, 12.45 PM IST
US deficit reaches $1.8 trillion in first 10 months of fiscal 2026US federal budget deficit hit a record $432 billion in July, taking the fiscal 2026 shortfall to $1.799 trillion in the first 10 months. Hi...
13 Aug, 2026, 09.58 AM IST
Lower house passes amendments curbing states power to tax mineralsLok Sabha passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2026, curbing states' powers to impose taxes and cess ...
12 Aug, 2026, 05.57 PM IST
Lok Sabha passes bill to amend mines and minerals law without debateThe Lok Sabha passed a bill to amend mining regulations. This legislation prevents states from imposing additional taxes on mineral rights....
12 Aug, 2026, 05.51 PM IST
Why is Pakistan's ally US upset over PKR3 trillion defence budget spending?The US State Department has urged Pakistan to bring military and intelligence budgets under civilian oversight. Greater disclosure of gover...
12 Aug, 2026, 03.59 PM IST
Security, facility management sector may grow 9-10% this fiscal: Crisil RatingsIndia’s organised security and facility management sector is projected to grow 9-10% this fiscal, after 15% annual growth during FY23-FY26,...
12 Aug, 2026, 01.58 PM IST
India's 'BBB-' rating unchanged: Fitch cites energy shocks, fiscal weakness, but praises growthFitch Ratings kept India's sovereign credit rating at BBB- with a stable outlook. Robust growth and solid external finances balance fiscal ...
12 Aug, 2026, 12.38 AM IST
US asks Pakistan to subject military, intelligence budgets to public oversightThe United States has urged Pakistan to improve fiscal transparency measures. Pakistan must subject military and intelligence budgets to pu...
12 Aug, 2026, 12.07 AM IST
- Mines Act update proposes to curb states' tax powers
The Centre has proposed limiting states’ powers to impose taxes, cess and other levies on mineral rights and mineral-bearing land, seeking ...
11 Aug, 2026, 01.10 AM IST
No proposal under consideration for restoration of Old Pension Scheme: MoS for Finance Pankaj ChaudharyThe government has no plans to restore the Old Pension Scheme due to its fiscal unsustainability. Several state governments have requested ...
10 Aug, 2026, 05.08 PM IST
Centre proposes to curb powers of states to tax mineralsThe central government is poised to restrict state authority concerning taxation on mining activities. This initiative aims to enhance the ...
10 Aug, 2026, 03.28 PM IST
Govt introduces bill in LS to restrict state taxes on mineral rightsThe Centre has launched a new bill to limit state taxation on mineral rights, aiming to centralize authority over selected mineral-rich are...
10 Aug, 2026, 02.25 PM IST