Kolkata, Sep 16 — West Bengal's tax revenue collections from the state's own mineral resources component had witnessed a massive 32.60 per cent increase during the first four months of the current financial year of 2026-27 over the figure recorded during the corresponding period during the previous…
Bengaluru, Sep 16 — Finance Minister Nirmala Sitharaman said on Wednesday that decisions on taxation of the digital economy required examining their implications for India, other jurisdictions, and future investment. In her address at an event organised by the International Tax Research and…
New Delhi, Sep 16 — Meta officials admitted to a mistake during their appearance before the National Commission for Protection of Child Rights (NCPCR) on Wednesday and said the company would report child abuse content directly to Indian law enforcement agencies, government sources said. The…
New Delhi, Sep 16 — India’s goods trade deficit narrowed, led mainly by non‑electronic items, but the electronics trade deficit remained high at around $8 billion in August and about $40 billion since April, a report said on Wednesday.The report from HSBC Global Investment Research said that…
New Delhi, Sep 16 — Electric mobility is an “economic, environmental, and strategic imperative” for India’s Viksit Bharat 2047 vision, NITI Aayog member Rajiv Gauba, said on Wednesday at launch of second edition of the India Electric Mobility Index (IEMI) report.Gauba was addressing a NITI Aayog…
New Delhi, Sep 16 — NITI Aayog Vice Chairman Ashok Kumar Lahiri on Wednesday said a small charge on certain UPI transactions could help make the digital payments ecosystem self-sustaining, while keeping the levy as low as possible to avoid hurting consumers.Lahiri said the “user-pays principle”…
New Delhi, Sep 16 — The flash flood that tore down the Lhende Khola, the Bhotekoshi and the Trishuli rivers on August 26 has damaged hydropower plants in Nepal, forcing the Himalayan country, which was an exporter of electricity, to become dependent on India to stave off the acute power crisis,…
New Delhi, Sep 16 — Strengthening India’s trade competitiveness will require continued diversification of export markets and products, deeper integration with global and regional value chains, stronger domestic capabilities in strategic sectors, and a policy environment that enables firms to…
New Delhi, Sep 16 — Global spending on artificial intelligence (AI) is forecast to reach $2.7 trillion in 2026, a 49.5 per cent increase (year-over-year), according to a Gartner report on Wednesday.Demand for AI infrastructure to support anticipated future workloads remains strong and inelastic to…
New Delhi, Sep 16 — China’s once-booming luxury market is facing a sharp contraction as international brands close stores across major cities while wealthy consumers cut down their spending, a new report has said.The report from Uganda-based Nile Post said international brands such as Louis…
Kathmandu, Sep 16 — Nepal’s Finance Minister Swarnim Wagle is set to visit India from Thursday to Saturday for high-level talks as Kathmandu seeks substantial Indian support for post-disaster reconstruction following the devastating floods of August 26. Nepal’s Finance Secretary Ghanashyam…
New Delhi, Sep 16 — The eighth Central Pay Commission is set to begin a three-day visit to Chandigarh on Wednesday, as part of its consultations on pay and pension-related matters. The commission will hold meetings with civil service unions, pensioner groups and representatives of the regional…
New Delhi, Sep 16 — India approaches Q3 FY27 from a position of relative macroeconomic resilience, despite a more challenging external environment characterised by geopolitical tensions, volatile commodity prices and uneven monsoon conditions, a report showed on Wednesday.India's macroeconomic…
Ahmedabad, Sep 16 — Opposition parties in Gujarat have criticised the Centre's decision to introduce a 0.4 per cent Merchant Discount Rate (MDR) on specified UPI payments to merchants above Rs 2,000 from October 15, describing it as a burden on traders and warning that costs could eventually be…
New Delhi, Sep 16 — The introduction of a Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions could provide a sustainable revenue model for the digital payments ecosystem and support its expansion to one billion users over the next decade, fintech industry leaders said on…
New Delhi, Sep 16 — Pakistan’s National Artificial Intelligence Policy is heavy on promises and targets but the country lacks mechanisms, resources and efforts needed to achieve them, a new report has said.The report from European Times said the Pakistan government has promised to train one million…
New Delhi, Sep 16 — The new Merchant Discount Rate (MDR) framework for UPI transactions will not impose any charges on customers and stated that the move is necessary to make India's digital payments ecosystem financially sustainable, PhonePe CEO Sameer Nigam said on Wednesday.In an interview with…
New Delhi, Sep 16 — The government is likely to extend the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme to boost exports, a senior official said on Wednesday.The scheme was extended in April this year for six months till September 30.The official said the Commerce Ministry is…
New Delhi, Sep 16 — Gold and silver miners' shares, rather than the metals themselves may offer investors the most attractive way to participate in the current precious‑metals rally, a report said on Wednesday.The report from Rational Equity Asset Management said miners are generating double‑digit…
New Delhi, Sep 16 — India's electric vehicle (EV) market is witnessing a sharp acceleration in adoption, creating significant opportunities for domestic manufacturing, localisation and investment across the battery and electronics value chain, a report said on Wednesday.According to a report by…
Mumbai, Sep 16 — The benchmark indices rebounded on Wednesday after a two-day decline, supported by gains in FMCG, realty and PSU banking stocks, while softer oil prices ahead of the US Federal Reserve’s policy decision also aided market sentiment.The Sensex gained 332.63 points, or 0.45 per cent,…