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New Delhi, Sep 5 (SocialNews.XYZ) The fast-moving consumer goods (FMCG) sector stands at the cusp of a structural reset as the GST Council has rolled out GST 2.0, with the reform simplifying the existing four-tier structure into two slabs - 5 per cent and 18 per cent - with a 40 per cent rate reserved for sin and luxury goods, a report said on Friday. "For FMCG companies, the reform is set to unlock volume growth, strengthen rural penetration, and enhance profitability -- reshaping the sector's ...Read More >

Lucknow, September 3: Uttar Pradesh Chief Minister Yogi Adityanath's government has launched an extensive campaign to position the state as a global investment hub. With a strong emphasis on attracting foreign capital, the state is implementing the China+1 strategy, engaging with over 200 international companies to date. To turn these opportunities into reality, the government is collaborating closely with Indian embassies and various global institutions. As a result, investor confidence in Utt ...Read More >
The Income Tax department is working on simplified I-T forms and aims to notify new rules by December-end to give effect to the new I-T Act, which will come into force from April 1 next year, a senior tax official said on Monday. Talking to PTI, Central Board of Direct Taxes (CBDT) member (Legislation) RN Parbat also said the department will come out with a fresh set of FAQs on the new Income Tax Act and come out with SoPs and guidance notes. President Droupadi Murmu, on August 21, gave her as ...Read More >

MUMBAI: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday said that the central bank's focus on price stability has played a key role in strengthening India's macroeconomic fundamentals. Speaking at 'FIBAC 2025', organised jointly by FICCI and IBA, he added that while price stability remains the primary objective of monetary policy, growth has never been lost sight of. "We will continue to conduct monetary policy with the primary objective of price stability, keeping in view the o ...Read More >

Mumbai: Reserve Bank Governor Sanjay Malhotra Monday said that corporates and banks need to come together to boost investments amid challenges emanating from tariff uncertainties and geopolitical concerns, stressing that the central bank has not lost sight of growth objectives. Speaking at the annual Fibac event here, the Governor said he is hopeful that the ongoing negotiations between the US and Indian trade representatives will yield a decision which will "minimize" the impact of tariffs on ...Read More >

Mumbai, Aug 25 (SocialNews.XYZ) Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday said that the central bank's focus on price stability has played a key role in strengthening India's macroeconomic fundamentals. Speaking at 'FIBAC 2025', organised jointly by FICCI and IBA, he added that while price stability remains the primary objective of monetary policy, growth has never been lost sight of. "We will continue to conduct monetary policy with the primary objective of price stabilit ...Read More >

New Delhi, Aug 22 (PTI) Sebi chairman Tuhin Kanta Pandey on Friday cautioned the mutual fund industry that beyond market-linked investment risks, operational risks such as fraudulent redemptions by impersonators pose a growing threat to investor confidence. He stressed the need for heightened vigilance, urging asset management companies (AMCs) to respond swiftly and track evolving fraud patterns as perpetrators become more sophisticated. While there is a need to diversify beyond the blue chips ...Read More >

New Delhi, Aug 19 (SocialNews.XYZ) Union Commerce and Industry Minister Piyush Goyal on Tuesday said that the Jan Vishwas (Amendment of Provisions) Bill, 2025, will mark a major step towards trust-based governance, further strengthening ease of living and ease of doing business in the country. Presenting the Bill in the Lok Sabha, the minister requested that it be referred to a Select Committee for detailed scrutiny. Goyal emphasised that the reform would reduce judicial burden by empowering d ...Read More >

NEW DELHI: The Jan Vishwas (Amendment of Provisions) Bill 2025, which seeks to decriminalise certain minor offences to promote ease of living and business, was introduced in the Lok Sabha on Monday and referred to a Select Committee. Introducing the bill, Commerce and Industry Minister Piyush Goyal said the bill seeks to enhance trust-based governance for ease of doing business. The Bill was then referred to the Select Committee of the Lok Sabha. The committee has been tasked to submit its rep ...Read More >

Mumbai (Maharashtra) [India], August 18: In a landmark development for Mumbai's real estate sector, CREDAI-MCHI, the apex body representing real estate developers in the Mumbai Metropolitan Region (MMR), has announced the appointment of Mr. Sukhraj Nahar, Chairman of Nahar Group, as its 18th President for the 2025-2027 term in a grand Change of Guard ceremony held at Jio World Centre. The event was graced by the Hon'ble Chief Minister of Maharashtra, Shri Devendra Fadnavis, along with distinguis ...Read More >

Mumbai (Maharashtra) [India], August 18: In a landmark development for Mumbai real estate sector, CREDAI-MCHI, the apex body representing real estate developers in the Mumbai Metropolitan Region (MMR), has announced the appointment of Mr. Sukhraj Nahar, Chairman of Nahar Group, as its 18th President for the 2025-2027 term in a grand Change of Guard ceremony held at Jio World Centre. The event was graced by the Honble Chief Minister of Maharashtra, Shri Devendra Fadnavis, along with distinguished ...Read More >

VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with na ...Read More >

New Delhi: The government has introduced four amendments to the Income Tax Act, 1961, relevant for FY 2025-26, but included in the Income Tax Bill, 2025, applicable for FY 2026-27, Union Finance Minister Nirmala Sitharaman has said. The major amendment grants tax exemption on dividends, interest, and long-term capital gains to sovereign wealth funds and pension funds investing in infrastructure from April 1, 2020, to December 31, 2030, subject to notification. The Public Investment Fund (PIF) ...Read More >

NEW DELHI: The government has introduced four amendments to the Income Tax Act, 1961, relevant for FY 2025-26, but included in the Income Tax Bill, 2025, applicable for FY 2026-27, Union Finance Minister Nirmala Sitharaman has said. The major amendment grants tax exemption on dividends, interest, and long-term capital gains to sovereign wealth funds and pension funds investing in infrastructure from April 1, 2020, to December 31, 2030, subject to notification. The Public Investment Fund (PIF) ...Read More >

Dispur (Assam) [India], August 14 (ANI): The Assam Cabinet, led by Chief Minister Himanta Biswa Sarma, has taken a key decision, including amending building byelaws to ensure ease of doing business. Procurement of 500 MW power, approval of 1500 MV pumped storage project and approving financial sanction of the remaining amount of Rs. 375 crores for the continuation of Ayushman Asom Yojna to provide free medical treatment to the beneficiaries were among the key decisions taken in the meeting. As ...Read More >

Dispur (Assam) [India], August 14 (ANI): The Assam Cabinet, led by Chief Minister Himanta Biswa Sarma, has taken a key decision, including amending building byelaws to ensure ease of doing business. Procurement of 500 MW power, approval of 1500 MV pumped storage project and approving financial sanction of the remaining amount of Rs. 375 crores for the continuation of Ayushman Asom Yojna to provide free medical treatment to the beneficiaries were among the key decisions taken in the meeting. Al ...Read More >
New Delhi: Traffic in central Delhi will be affected on Thursday as the traffic police has issued an advisory due to the Janmashtami and Tazia processions.According to police, the traffic movement in Paharganj is likely to be affected from 1.30pm in view of the shobha yatra for Janmashtami and the Tazia procession.The Janmashtami procession will start from Mandir Shri Banke Bihari Ji in Paharganj's Sangatrasan Bazar and pass through Desh Bandhu Gupta Road, Chuna Mandi, Main Bazar, Munja Chowk an ...Read More >
Lucknow: Asserting that the state government was committed to contribute its bit in making the country developed by 2047, UP parliamentary affairs minister Suresh Khanna said on Wednesday that every citizen of the state needs to be associated with government projection of 'Viksit Bharat' and 'Viksit Uttar Pradesh'.On the third day of the UP Assembly's Monsoon Session, a historic 24-hour debate on 'Vision 2047' began Wednesday, with senior ministers outlining plans for economic growth, social jus ...Read More >

New Delhi, Aug 6 (PTI) India and the Philippines are taking concrete steps towards launching formal negotiations for a Preferential Trade Agreement, Philippines President Ferdinand Romualdez Marcos Jr said on Wednesday. Addressing the 'India-Philippines CEO Roundtable Meeting', organised by FICCI, here, President Marcos emphasised that the Philippines and India see the PTA as a strategic platform to harness their shared strengths and elevate our economic partnership. "We are working to find co ...Read More >

New Delhi, Aug 6 (PTI) Two bills aimed at streamlining maritime governance with a modern and internationally compliant approach were given approval on a single day on Wednesday in both Houses of Parliament, amid continued protests by the Opposition. While the Rajya Sabha passed a century-old colonial-era 'Carriage of Goods by Sea Bill, 2025', the Lok Sabha approved the 'Merchant Shipping Bill, 2024' amid the din. Union Minister of Ports, Shipping & Waterways Sarbananda Sonowal said it was a hi ...Read More >

New Delhi [India], August 1 (ANI): With the US administration under President Donald Trump imposing 25 per cent tariffs on Indian goods plus an unspecified 'penalty', India's textile and garment sector is likely to face stiff competition from Bangladesh and Vietnam, who have been hit with comparatively lower tariffs, Ajay Srivastava, founder of trade think tank Global Trade Research Initiative (GTRI), has said. 'Bangladesh and Vietnam are big players in garment exports and have a better tariff ...Read More >

Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan An ...Read More >

New Delhi [India], August 1 (ANI): With the US administration under President Donald Trump imposing 25 per cent tariffs on Indian goods plus an unspecified penalty, India textile and garment sector is likely to face stiff competition from Bangladesh and Vietnam, who have been hit with comparatively lower tariffs, Ajay Srivastava, founder of trade think tank Global Trade Research Initiative (GTRI), has said. Bangladesh and Vietnam are big players in garment exports and have a better tariff posit ...Read More >

New Delhi [India], July 20 (ANI): Softening growth in the formal sector is beginning to weigh on overall credit growth, according to a report by HSBC Global Research. The report noted that, after a few years of strong growth, the formal sector is expected to slow in 2025. Also Read | Uttarakhand Chopper Crash: AAIB Says Helicopter Tumbled Down Hill After Rotor Blade Hit Overhead Cable. "This is led by factors such as gains from strong equity markets and rising wage growth now plateauing after ...Read More >

New Delhi [India], July 20 (ANI): Softening growth in the formal sector is beginning to weigh on overall credit growth, according to a report by HSBC Global Research. The report noted that, after a few years of strong growth, the formal sector is expected to slow in 2025. This is led by factors such as gains from strong equity markets and rising wage growth now plateauing after a strong run, the report added. India bank credit growth, which was 16 per cent a year ago, has now declined to 9 pe ...Read More >

Home Minister Amit Shah on Saturday (July 19, 2025) said that it was a Bharatiya Janata Party government led by former Prime Minister Atal Bihari Vajpayee that carved out smaller States like Uttarakhand, Jharkhand and Chhattisgarh, which are now creating history in development and growth. Speaking at Rudrapur during the celebration of 'Uttarakhand Investment Festival 2025' organised on realisation of ₹1 lakh crore investment in the State, Mr. Shah hailed the development being done by the Pushk ...Read More >

Rudrapur (Uttarakhand), July 19 Union Home Minister Amit Shah on Saturday said that Prime Minister Narendra Modi's government, ... Rudrapur (Uttarakhand), July 19 Union Home Minister Amit Shah on Saturday said that Prime Minister Narendra Modi's government, in the past 10 years, has given 4.5 times more funds to Uttarakhand than those given by the UPA government between 2004 and 2014. Addressing the 'Uttarakhand Nivesh Utsav' in Rudrapur in Udham Singh Nagar district, HM Shah said the PM Modi' ...Read More >

Shillong, Jul 19 (PTI) Meghalaya Deputy Chief Minister Prestone Tynsong has said the state government will press for the retransfer of block I and II from Assam's Karbi Anglong district, asserting that the long-pending boundary issue remains a top priority. Tynsong, who also chairs the regional committee on the matter, said the government is awaiting a response from his Assam counterpart to schedule a joint inspection of the disputed areas. Before the creation of Meghalaya, both these blocks w ...Read More >

New Delhi: Union Home Minister Amit Shah, on his visit to Uttarakhand, inaugurated and laid the foundation stones of development projects worth Rs 1271 crore at the 'Uttarakhand Investment Summit - 2025' held in Rudrapur on Saturday. The event brought together industrialists, entrepreneurs, and educationists from across the country, reinforcing the state's vision for rapid economic growth and investment. Speaking on the occasion, Amit Shah highlighted the Centre's commitment to developing Utta ...Read More >

Shillong, Jul 19 (PTI) Meghalaya Deputy Chief Minister Prestone Tynsong has said the state government will press for the retransfer of block I and II from Assam's Karbi Anglong district, asserting that the long-pending boundary issue remains a top priority. Tynsong, who also chairs the regional committee on the matter, said the government is awaiting a response from his Assam counterpart to schedule a joint inspection of the disputed areas. Also Read | Prayagraj Road Accident: Speeding Car Run ...Read More >
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