Business

New Delhi: The net direct tax collection grew 16.40 per cent to over Rs 6.51 lakh crore till July 13 this fiscal, driven by higher corporate tax mop-up, government data showed Tuesday. The net corporate tax collection rose 22 per cent to Rs 2.40 lakh...

New Delhi: The government has amended the foreign trade policy to prohibit the import of goods produced using forced labour, amid a US investigation into forced labour practices in 60 countries, including India. Amending the Foreign Trade Policy (FTP) 2023, the DGFT has inserted a...

Bengaluru: US-based technology giant Google Tuesday announced a series of artificial intelligence (AI) initiatives for developers, startups, enterprises and educational institutions in India. At the Google I/O Connect India 2026 summit in Bengaluru, the company unveiled new AI education programmes, healthcare collaborations, cybersecurity initiatives and...

New Delhi: The comprehensive economic and trade agreement (CETA) that was signed between India and the UK July 25, 2025, after several rounds of negotiations, will come into force from July 15, 2026. This will be the sixth free trade agreement to be implemented by...

New Delhi: Wholesale price inflation shot up to 9.87 per cent in June, from 9.68 per cent in May, led by a sharp spike in prices of food and non-food items. The sharp rise in WPI inflation reflects the impact of the West Asia crisis,...

New Delhi: Negotiations for a trade agreement between India and the US are progressing well, and the framework deal is ready, which will be signed at the right time, an official said Monday. The official said that India is seeking a comparative advantage on the...

New Delhi: Global smartphone shipments declined 11 per cent (year-on-year) in the April-June quarter (Q2 2026), reaching the lowest second-quarter levels since 2013, a report showed Monday, as the memory shortage deepened and emerged as the dominant drag on the industry. According to preliminary estimates...

New Delhi: Supreme Court Monday asked the Centre to place before it within two weeks the rules framed under the Bharatiya Vayuyan Adhiniyam, 2024, which is aimed at modernising India's aviation sector. A bench of Justices Vikram Nath and Sandeep Mehta said the rules be...

New Delhi: Retail inflation climbed to 4.38 per cent in June mainly due to costlier food items, pushing the rate of price rise above the Reserve Bank's median target of 4 per cent, according to government data released Monday. This is the first time that...

Mumbai: Benchmark indices Sensex and Nifty ended flat Monday as a sharp rally in crude oil prices due to escalating tensions in West Asia weighed on overall investor sentiment. Resilience in IT and consumer durables stocks, however, helped offset the impact of geopolitical concerns, enabling...