business

The Finance Ministry announced on Thursday that the Department of Revenue (DoR) will conduct a fair and transparent investigation following the allegations by Wintrack Inc (Chennai) of “corruption and harassment” against Chennai Customs. The ministry confirmed that the matter is receiving serious attention.The ministry communicated the government’s action through X saying, “The Government has taken…

The government’s newly proposed regulations seek to classify breaches of online money gaming protocols as non-bailable violations, with accountability extending to all company personnel involved in facilitating such infractions, as per the draft guidelines issued on Thursday.The proposed regulations would authorise designated officers to conduct warrantless searches and arrests at any location, physical or digital,…

NEW DELHI: Govt’s efforts to deepen the Indian component ecosystem for electronics has received a massive boost with domestic and international companies putting in applications for investing over Rs 1.1 lakh crore in new projects – almost twice to the original target – which have the potential to result in creating incremental production to the…

Airbus team with various union ministers (image posted by Piyush Goyal and S Jaishankar on X respectively) Airbus’ board members completed their four-day visit to India on Thursday. India represents a crucial market for the aerospace company, as confirmed by an official, as quoted by PTI.The board conducted their first meeting in India since beginning…

Piyush Goyal meets Airbus board led by chairman René Obermann to India NEW DELHI: Commerce and Industry Minister Piyush Goyal conducted meetings with Airbus Board members, headed by Chairman Rene Obermann, discussing investment prospects and related matters in India.“Welcomed the @Airbus Board, led by their Chairman, Mr. René Obermann to India. We had an engaging…