business

File photo: Finance minister Nirmala Sitharaman (Picture credit: PTI) Finance minister Nirmala Sitharaman has indicated that the Insurance Amendment Bill, which proposes to raise foreign direct investment (FDI) in India’s insurance sector to 100 per cent, is likely to be introduced in Parliament during the upcoming Winter session, which is likely to commence from the…

Equity markets will closely follow the outcome of the US Federal Reserve policy meeting this week amid heightened expectations of an interest rate cut, along with wholesale price inflation data, analysts said.Any further developments on the US–India trade front will also be a critical driver of trends, as per news agency PTI.“Looking ahead, the key…

NEW DELHI: The Central Board of Indirect Taxes and Customs issued much-awaited clarifications to address problems faced by businesses when companies offer discounts to sellers. The move follows a discussion in this regard at the last all-important meeting of the GST Council, where GST rates were reduced.Very often dealers are offered discounts to push products…

NEW DELHI: Public sector banks need to aspire to global competitiveness, strengthen governance and operational resilience, and expand their role as sectoral champions across both traditional and emerging industries, a top official told the two-day brainstorming session of state run banks. M Nagaraju, secretary department of financial services, underlined that public sector banks have moved…

John Bolton with Donald Trump (File photo) NEW DELHI: Former US National Security Advisor John Bolton has criticised President Donald Trump’s tariff policy on India, calling it “inappropriate” and an example of Trump’s erratic behaviour. He warned that such measures could strain ties between Washington and New Delhi. Bolton also criticised US President for repeatedly…

The Income Tax Department has received more than six crore income tax returns (ITRs) for assessment year 2025-26, it said on Saturday.“Thank you taxpayers & tax professionals for helping us reach the milestone of 6 crore Income Tax Returns (ITRs) as of now and still counting,” the department posted on X.The deadline to file returns…

India’s push for self-reliance in manufacturing is beginning to show results, with several consumer-facing companies cutting back sharply on their dependence on imports. As per ET, a study of 20 listed firms in automobiles, electronics and FMCG found that foreign exchange outflows as a share of sales have dropped significantly between FY20 and FY25, mainly…

Representative image (Picture credit: ANI) Prices of daily essentials may ease further in the coming months as recent cuts in GST begin to reflect in actual numbers, Bank of Baroda (BoB) said in its latest report. According to news agency ANI, the bank projects retail inflation, measured by the Consumer Price Index (CPI), to average…