8th Pay Commission news: As the central government has begun consultations with key stakeholders, including the Ministry of Defence, Ministry of Home Affairs, Department of Personnel and Training, and state governments, as part of the process to constitute the 8th Central Pay Commission (CPC) to revise pay structures for nearly 50 lakh central government employees…
The Income Tax department is in the process of framing rules, forms, and procedures under the proposed Income Tax Bill, 2025, which aims to replace the six-decade-old direct tax legislation, Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal said on Thursday.Speaking at the 166th Income Tax Day event in the capital, Agarwal said the…
Key labour-intensive sectors—marine, textiles, chemicals, base metals—will now enjoy zero duties, down from rates as high as 20%. (AI image) India-UK trade deal: The India-UK trade deal is being seen as a historic milestone in the trade relations between the two countries. The most significant number that jumps out is – 99% of India’s exports…
Tesla and Alphabet stocks delivered sharply contrasting movements on Thursday, sending their shares in opposite directions and exposing choppy undercurrents beneath Wall Street’s calm surface.Alphabet rallied 3.1% after it beat quarterly profit estimates and announced a $10 billion increase in AI chip and infrastructure investment this year, taking its total to $85 billion. The move…
Indian industry leaders on Thursday welcomed the signing of the India-UK free trade agreement (FTA) as a “transformational milestone” for bilateral economic relations, praising its potential to expand exports, boost investment, and catalyse joint ventures across multiple growth sectors.Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises and Co-Chair of the India-UK CEO Forum, said…
The Centre will issue a new regulation next week to improve oversight and transparency in India’s vegetable oil sector, Food Secretary Sanjeev Chopra said on Thursday.The new framework, titled the 2025 Vegetable Oil Products, Production and Availability (VOPPA) Regulation Order, will replace the existing 2011 order, PTI reported. It introduces mandatory digital reporting of edible…
We take a look at how India and Indians stand to benefit from the free trade agreement with the UK. (AI image) India-UK free trade deal: The landmark India-UK free trade agreement (FTA) was signed on Thursday in the United Kingdom in the presence of PM Narendra Modi and UK PM Keir Starmer. India stands…
India-UK Trade Deal (AI image) India-UK free trade deal: In a historic step, the India-UK free trade agreement (FTA) was signed in the presence of PM Narendra Modi and UK PM Keir Starmer. The trade deal which was agreed upon in May this year, was signed on Thursday during PM Modi’s visit to the United…
Trump indicated earlier this month that he would send letters to over 150 nations. (AI image) US President Donald Trump seems to have indicated that the 15% reciprocal tariff rate would be the new baseline for most countries. “We’ll have a straight, simple tariff of anywhere between 15% and 50%,” Trump said Wednesday at an…
Indian company Ideal Detonators Private Limited dispatched two HMX consignments in December. (AI image) Amidst ongoing Russia-Ukraine conflict, an Indian firm exported explosives to Russia despite warnings of sanctions from the US. According to a Reuters report, an Indian enterprise exported HMX, an explosive compound with military applications, with an export value of $1.4 million…
