Are you sipping right ‘tea’? FSSAI clarifies rules on beverage labeling; warns on misleading packaging

Representative image (AI-generated) The Food Safety and Standards Authority of India (FSSAI) issued a clarification on the use of the word “tea” on food packaging and labelling, stating that only beverages made from the plant Camellia sinensis can legally be sold as tea.According to the press release issued on Wednesday, the food regulator said that…

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India to miss $1 trillion exports target? Exports struggle despite the FTA push — Here’s what’s happening

India’s ambition of exporting goods and services worth $1 trillion by the end of FY26 is likely to remain out of reach, Global Trade Research Initiative (GTRI) predicted in its latest report on Thursday, pointing to weak merchandise shipments due to weak global demand and increasing protectionist trends.Ajay Shrivastava, founder of the economic think tank,…

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Tier-2, Tier-3 cities to drive next phase of India’s premium housing growth

India’s premium and luxury housing segment is undergoing a structural expansion, with demand steadily moving beyond traditional metropolitan markets into Tier-2 and Tier-3 cities, according to industry reports and developers.As per Magicbricks, India the country’s luxury housing market is projected to grow at a compounded annual growth rate (CAGR) of 35 per cent, expanding from…

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Navi Mumbai Airport opens today! Stunning pictures, flights, destinations & more — All that you need to know

The Navi Mumbai International Airport (NMIA) begins commercial flight operations on Thursday, opening a second aviation gateway for the Mumbai Metropolitan Region after years of missed deadlines. The new facility is expected to emerge as one of the busiest and a significant aviation hub in the country.On its opening day, the airport is expected to…

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WhatsApp scams: 1 crore Indian accounts banned per month; government flags cyberfraud concerns

Government has begun discussions with WhatsApp after the messaging app banned a high number of Indian accounts, raising concerns over the continued misuse of Indian mobile numbers for online fraud.According to people familiar with the matter, WhatsApp has been blocking an average of 9.8 million Indian accounts every month until October this year for violations…

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SFIO probes IndusInd’s Rs 1,960 crore derivatives hole

MUMBAI: Serious Fraud Investigation Office (SFIO) has opened a formal probe into IndusInd Bank after a Dec 23, 2025 letter triggered an investigation under the Companies Act, 2013, over accounting lapses tied to internal derivative trades.In a filing, the bank said SFIO, under the MCA, seeks information after the lender flagged on June 2 issues…

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ITR filing: Received ‘nudge’ from Income Tax Department for tax return & refund claims? Here’s what you need to do

Identified taxpayers are being sent SMS and email under the government’s NUDGE campaign. (AI image) ITR filing FY 2024-25 (AY 2025-26): The Income Tax Department is stepping up scrutiny for tax returns and many taxpayers are getting alerts to check their exemption and deduction claims. The last date to file income tax returns for FY…

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