Andhra Pradesh reports an 18% increase in commercial tax collections in the first half of fiscal 2026-27, driven by technology-led compliance measures and large infrastructure projects, positioning the state for sustained revenue growth. Andhra Pradesh’s commercial tax receipts climbed 18%…
The Reserve Bank of India has introduced a streamlined framework allowing mutual funds, insurers, and pension funds to more easily expand their holdings in banks up to 10% through a one-time approval, reducing regulatory hurdles for long-term investors. The Reserve…
Reliance’s Jio is redefining its role in the tech landscape, leveraging its 5G infrastructure, patent portfolio, and R&D investments to transition from a telecom operator to a global innovator in AI and network technology products. Jio is trying to reposition…
India’s government has approved the Bhavya Rasayan scheme, allocating over ₹3,000 crore to develop three dedicated chemical parks, seeking to enhance domestic production and reduce reliance on imports in a strategic push for industrial self-reliance. India has approved a new…
India and Canada are set to intensify their trade negotiations from October 5, aiming to finalise a comprehensive economic partnership by the end of the year amid efforts to restore robust commercial ties beyond diplomatic strains. India and Canada are…
India’s move to ban analogue paneer is accelerating a market realignment, boosting demand for packaged, branded paneer and prompting industry capacity expansions amid regulatory tightening. India’s paneer market is entering a sharper phase of formalisation as regulators move against so-called…
The Reserve Bank of India is likely to increase its policy repo rate by 25 basis points to 5.50% in October, balancing rising inflation threats against resilient domestic growth, with a cautious outlook for further hikes. The Reserve Bank of…
A decade after adopting flexible inflation targeting, ex-RBI deputy governor Michael Debabrata Patra highlights the regime’s success in maintaining price stability through diverse shocks and advocates for aligning India’s inflation goal with global norms amid structural changes. A decade after…
India’s silver imports have rebounded sharply after a policy-induced slump, signalling robust demand ahead of the country’s busiest precious-metals buying season, despite global interest rate pressures. India’s silver market has not lost its appetite; it has been waiting for the…
The GST Council is set to discuss proposals to provide selected intelligence and police agencies with API-based access to certain GST payer data via NATGRID, raising security and privacy considerations amidst efforts to improve investigation efficiency. The GST Council is…
While India’s diaspora considers returning amid growing tech opportunities and strategic initiatives, challenges in research environment and quality of life remain hurdles in transforming the country into a global innovation hub. India spent decades as a net exporter of talent,…
India has prolonged its export tax refund scheme, RoDTEP, for three additional months until December 2026, ensuring continued support for exporters amid volatile global demand and geopolitical challenges. India has extended its export tax refund scheme, known as RoDTEP, for…
