Finance Minister Nirmala Sitharaman announces plans to lower customs duties on most goods to single digits by 2027-28, as part of ongoing efforts to simplify India’s tax system and boost manufacturing linkages with fiscal discipline. Finance Minister Nirmala Sitharaman said…
India’s Commerce Department is overhauling its testing, certification, and accreditation framework to reduce export barriers and capitalise on recent trade agreements, aiming to strengthen the country’s global market share and support small and medium enterprises. India’s Commerce Department has begun…
India and Russia are actively working to double their bilateral trade to $100 billion by 2030, expanding beyond energy to include agriculture, pharmaceuticals, and engineering, amid growing labour and civil nuclear ties. India and Russia are pushing to lift annual…
The Reserve Bank of India has increased its upper-layer list of non-banking financial companies to 17 entities, incorporating four government-backed firms, as Tata Sons remains under regulator review amid debates over its public listing and governance. The Reserve Bank of…
India’s chemicals industry is benefiting from a strategic policy shift towards cluster-based ecosystems, aimed at lowering costs, boosting investment, and advancing higher-value outputs amid global trade shifts. India’s chemicals sector is drawing stronger policy support as the government pushes a…
India’s government is investing heavily in indigenous AI development by backing 20 foundation models, approving 237 projects, and expanding AI infrastructure to build a self-reliant technological ecosystem. India has moved to deepen state support for domestic artificial intelligence, with the…
India positions itself as a global fintech hub, leveraging AI and a robust digital infrastructure to deepen financial inclusion and drive sustainable growth, according to industry leaders at the 3rd India International FinTech Festival 2026. India is deepening its pitch…
The Reserve Bank of India’s latest stance on Tata Sons’ status as an upper-layer non-banking financial company raises crucial questions about potential market listing requirements and the regulator’s flexibility amid new asset-based rules. The Reserve Bank of India’s latest list…
Parliament speeds up key tax reforms and approves additional government spending for 2025-26, with potential impacts on digital payment fees and investment rules. Parliament moved two finance measures forward on Thursday, with the Lok Sabha passing the Taxation and Other…
India’s ambition to become a developed economy relies on fostering indigenous innovation through increased private sector R&D investment, overcoming a long-standing funding gap that hampers technological leadership and economic growth. India’s ambition to become a developed economy will depend less…
A proposed merchant fee on UPI transactions will impact only a small segment of the market, potentially prompting shifts in the use of digital payment methods as the government balances growth and system economics. A new merchant fee on Unified…
India and South Africa are moving to fast-track discussions on a long-delayed trade agreement with a focus on critical minerals, pharmaceuticals, and manufacturing, signalling a broader strategic economic partnership amid BRICS chairmanship. India and South Africa have moved to revive…
