New Delhi, June 5 (IANS) The RBI’s repo rate decision reflects the wait-and-watch approach to assess the evolving impact of external developments and their implications for domestic growth and inflation before going for interest rate adjustments, industry leaders and economists...
New Delhi, June 5 (IANS) The central government on Friday issued the Income‑tax (Amendment) Ordinance, 2026, exempting foreign investors from paying taxes on interest income and capital gains arising from investments in government securities.The ordinance, effective April 1, 2026, amends...
New Delhi, June 5 (IANS) Jan Samarth Portal has processed around 54.10 lakh credit applications amounting to Rs 3,00,951 crore and enabled digital approvals for 49.55 lakh beneficiaries totalling Rs 2,76,493.78 crore, an official statement said on Friday.The portal, launched...
Mumbai, June 5 (IANS) Indian equity markets ended lower on Friday as investors reacted to the Monetary Policy Committee (MPC) decision and continued to assess global economic uncertainties.The benchmark indices closed lower, with the Nifty declining 49.85 points, or 0.21...
New Delhi, June 5 (IANS) China strategy of taking up economic projects such as the Belt and Road Initiative (BRI) in developing countries with the objective of extending its geopolitical clout across regions appears to have run into a hurdle...
New Delhi, June 5 (IANS) State-owned Maharatna company Oil India Limited on Friday announced a fresh discovery of natural gas in its third exploratory well in the Andaman shallow offshore block, marking another significant indication of hydrocarbon presence in the...
New Delhi, June 5 (IANS) India’s growth engine is in top gear, Union Minister Piyush Goyal said on Friday while highlighting the strong performance of the country’s passenger vehicle market, which recorded robust expansion in May 2026.In a post on...
New Delhi, June 5 (IANS) China’s leadership is moving to tighten oversight of the country’s vast and rapidly expanding gig economy workforce, that has become both economically essential and politically sensitive for the ruling Communist Party, according to a report...
New Delhi, June 5 (IANS) Contrary to popular beliefs, artificial intelligence could double its electricity consumption by 2030 to about 3 per cent of the world’s power use and produce greenhouse gas emissions equivalent to the United Kingdom, a report...
New Delhi, June 5 (IANS) Pakistan’s failure to carry out tax reforms has left its tax base narrowing over the years, resulting in shrinking revenues for the government to implement welfare schemes for the poor. As the country prepares for...
New Delhi, June 5 (IANS) On the occasion of World Environment Day on Friday, Maruti Suzuki India Limited announced two major biogas projects involving a total investment of Rs 150 crore, as the country's largest carmaker strengthens its commitment to...
New Delhi, June 5 (IANS) Shares of state-owned Bharat Heavy Electricals Limited went up by over 2 per cent on Friday after the engineering major secured an order worth over Rs 21,000 crore from Meja Urja Nigam Pvt Ltd (MUNPL)...