NEW DELHI: As President Trump threatened to impose a penalty on India for its trade ties with Russia, Indian officials reacted cautiously as they reiterated India’s position that securing energy needs of the Indian people is the overriding priority.A source, speaking on condition of anonymity, said India is buying oil not because it wants to…
US President Donald Trump on Thursday announced that the US had struck a deal with Pakistan to develop “massive oil reserves”, further hinting at exports of the same to India. This comes after Trump slapped 25% tariff rates on India and warned of additional penalties for the country’s continued trade with Russia for arms and…
Trump’s tariffs on India appear to be a clear case of putting pressure on India to finalise a deal that would favour America. US President Donald Trump’s fresh 25% tariff rate on India has raised an important question – what’s next for trade talks between the countries? Is India stuck with a 25% tariff rate…
Trump has announced a 25% tariff rate on India, also warning of additional penalties for India’s continued trade with Russia for arms and crude oil. (AI image) US President Donald Trump has said that America is in talks with India for a trade deal and the latter’s BRICS membership is also a factor to consider….
File photo: US President Donald Trump (Picture credit: PTI) India’s economy could take a hit from the United States’ decision to impose a 25 per cent tariff on all Indian goods starting August 1, alongside an unspecified penalty for its purchases of Russian oil and military equipment. As per news agency PTI, trade and policy…
The Indian Banks’ Association’s proposal for a five-day work week in banks, declaring all Saturdays as holidays, is under government consideration. While the finance ministry acknowledges the proposal, it clarifies that implementation is pending, denying staff shortages as a hindrance. The decision, driven by calls for improved work-life balance, awaits further consultations and final approval….
NEW DELHI: IndiGo saw its Q1 FY 2026 drop 20 per cent to Rs 2,176.3 crore from Rs 2,728.8 crore in same period last year due to the serious hit that travel took due to the India-Pakistan war and closure of 32 airports in north, west and central India witnessed in those three months; airspace…
T N Manoharan, renowned chartered accountant, former chairman of IDBI Bank and one of India’s most respected financial minds, passed away on Wednesday. He was widely acknowledged for his leadership in major institutional recoveries, including the turnaround of Satyam Computers following one of India’s biggest corporate frauds.A former president of the Institute of Chartered Accountants…
Donald Trump administration officials have indicated that more negotiations are needed with India before a trade deal can be sealed. India-US trade deal: With just two days remaining until US President Donald Trump’s reciprocal tariff deadline, the possibility of a trade deal between India and America is dimming, though officials have not ruled out any…
The Income Tax Department has enabled utilities for filing updated income tax returns (ITR-U) through ITR-1 and ITR-2 forms for assessment years (AY) 2021-22 and 2022-23, in accordance with Finance Act, 2025.The Union Budget 2025 has extended the timeline to 48 months from the assessment year’s end for filing updated returns under Section 139 (8A)…
