August 28, 2025-
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Finance Minister Nirmala Sitharaman announced that more than 56 crore Jan Dhan accounts have been opened in the past 11 years under the Pradhan Mantri Jan Dhan Yojana (PMJDY). The milestone highlights India’s...
Finance Minister Nirmala Sitharaman announced that more than 56 crore Jan Dhan accounts have been opened in the past 11 years under the Pradhan Mantri Jan Dhan Yojana (PMJDY). The milestone highlights India’s...
State governments have urged the Centre to adopt tough measures to prevent profiteering by businesses in the wake of GST rate cuts. While the reform is designed to ease prices for consumers and...
The U.S. under President Donald Trump has imposed a steep 50% tariff on Indian exports, delivering one of the toughest trade blows New Delhi has faced in recent years. The move threatens India’s...
India’s financial ecosystem is on the brink of a digital revolution, with discussions intensifying around the rupee’s possible transition into crypto and blockchain-based formats. The government and regulators are examining frameworks for a...
In a landmark shift, personal income tax collections have overtaken corporate tax revenues in India for the first time, according to official reports. The development highlights a significant change in the country’s tax...
GST authorities have uncovered ₹104 crore worth of tax evasion linked to the illicit tobacco trade during the first quarter of FY25, according to official data. A total of 61 cases were detected,...
The Central Board of Direct Taxes (CBDT) has announced plans to simplify Income Tax Return (ITR) forms to align with the newly enacted direct tax legislation. The move aims to reduce compliance burdens...
Commerce Minister Piyush Goyal clarified at the ET World Leaders Forum that India’s gradual shift away from dependence on Chinese imports is a strategic and independent policy decision, not linked to ongoing trade...
The government is considering a major GST rate cut on food and textile items, aiming to ease the burden on households while boosting demand in two of India’s most critical consumption-driven sectors. The...
India’s artificial intelligence (AI) ambitions are getting a strong boost from the government as new policy initiatives, funding support, and industry partnerships are rolled out. The objective is clear: position India as a...
Prime Minister Narendra Modi is using the disruption caused by U.S. President Donald Trump’s new tariffs on Indian exports as an opportunity to accelerate domestic reforms. The government is considering tax cuts and...
Rajiv Ranjan, former member of the Reserve Bank of India’s Monetary Policy Committee (MPC), has been appointed as Vice President of the New Development Bank (NDB). His appointment strengthens India’s representation in the...
The Reserve Bank of India (RBI) is expected to maintain its overall monetary policy stance, but may opt for subtle adjustments in liquidity and communication to balance growth and inflation risks. Analysts suggest...
The Confederation of Indian Industry (CII) has laid out a comprehensive reform roadmap, urging the government to focus on GST simplification, trade policy upgrades, and labour law reforms to accelerate India’s journey toward...
The annual Jackson Hole Economic Symposium has reignited debate over the importance of central bank independence in a world grappling with inflationary pressures, fiscal expansion, and geopolitical uncertainty. Global central bankers stressed that...
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