Experts highlight significant progress in India’s defence industry, potential for millet exports, and a push for diversified energy sources as key to achieving greater self-reliance amid strategic policy shifts. India’s path to greater self-reliance will depend on gains in defence…
The Indian Income Tax Department launches the FAST-DS scheme, allowing smaller taxpayers to regularise undisclosed foreign wealth with a one-time amnesty before tougher penalties and enforcement tighten in 2026. India’s Income Tax Department has opened a short-term route for certain…
India has cut its windfall taxes on petrol, diesel and aviation turbine fuel exports, reflecting ongoing adjustments amid fluctuating global crude prices and geopolitical tensions, marking a significant shift in its energy export policy. India cut its windfall tax on…
India’s merchandise exports reached a new high for July at $44.24 billion amid strong engineering, petroleum, and electronics shipments. However, the trade deficit expanded as import growth outpaced exports, highlighting ongoing challenges in global demand and logistics costs. India’s goods…
As India prepares for assessment year 2026-27, new thresholds and deadlines for Section 44AB tax audits underscore the importance of early compliance and understanding of form requirements amidst evolving regulations. Section 44AB of India’s Income Tax Act remains one of…
Prime Minister Narendra Modi announces a strategic overhaul combining semiconductor manufacturing, nuclear power development, and free education initiatives to bolster India’s quest for rapid economic growth and improved job prospects amid mounting social pressures. Narendra Modi has set out a…
Amid considerations of a merchant fee on UPI payments, data reveals that cash is gaining ground again, signalling a complex shift in India’s payment landscape as both cash and digital transactions expand. At a time when the government is weighing…
New data from Axis Direct reveals a seismic shift in India’s retail market, with younger, mobile-first traders, particularly from Tier 2 and Tier 3 cities, now forming the majority of investors, signalling a transformation in trading behaviours and demographics. Axis…
N. Chandrasekaran’s potential departure from Tata Sons exposes complexities in the group’s governance and strategy as it navigates succession uncertainties amidst pressing ambitions in semiconductors and aviation. N. Chandrasekaran’s future at Tata Sons has become a test of both succession…
In his Independence Day address, Narendra Modi outlined an ambitious plan centred on manufacturing, technology, green energy, and cultural exports, aiming to position India as a self-reliant and globally influential power by 2047. On Independence Day, Narendra Modi used a…
Indian textile and apparel companies are facing heightened pressure from escalating wages, volatile raw material prices, and shifting investment strategies as they strive to maintain competitiveness amidst inflation and labour shortages. Indian textile and apparel makers are under fresh strain…
India is leveraging FCNR deposits to bolster the rupee, with recent policies triggering inflows, though experts warn they are not a standalone solution amid global investment uncertainty. Foreign Currency Non-Resident deposits, better known as FCNR deposits, have moved back into…
