Business

New Delhi: Centre Saturday released additional instalment of tax devolution to state governments totalling over Rs 1.09 lakh crore. Finance Minister Nirmala Sitharaman in a post on X said the second additional instalment this financial year is supported by stronger economic activity and buoyant tax...

New Delhi: The government Saturday hiked windfall gains tax on export of diesel and ATF and slashed the levy to zero on petrol for the fortnight beginning October 31. For ATF exports, the duty has been hiked marginally to Rs 11/litre, from Rs 10.5/litre for...

New Delhi: In a bid to augment the availability of cotton for the domestic textile sector, the government Saturday extended the existing customs duty exemption on cotton imports till December 31, 2026. Through the amendment, the existing exemption, which was available until October 31, 2026,...

Dhaka: A Bangladesh opposition leader has warned against any move to facilitate an Indian transit corridor through the country and called for a fair water-sharing agreement with New Delhi ahead of the expiry of the Ganges treaty in December, according to local media reports. National...

Atlanta: Poland has secured India's support for its bid to become a permanent G20 member and hopes to join during the US presidency, Polish Foreign Minister Radoslaw Sikorski said. Responding to a question from IANS at a press conference, Sikorski said the United States had...

Washington: External Affairs Minister S Jaishankar met US Secretary of State Marco Rubio in Atlanta and took stock of India-US bilateral cooperation. "Appreciated @SecRubio's hospitality in Atlanta for the @g20org FMM. Took stock of our bilateral cooperation," Jaishankar said in a post X Friday. Appreciated...

Bhubaneswar: Strengthening critical mineral-based industries, addressing credit and regulatory challenges faced by MSMEs, and improving farmers’ incomes emerged as key priorities during a pre-budget consultation organised by the Nation First Policy Research and Change Foundation (NFPRC) Friday. Bringing together over 25 experts from government, industry,...

New Delhi: Jio Platforms Friday reported a 13.7 per cent rise in consolidated net profit to Rs 8,389 crore for the September 2026 quarter, driven by subscriber gains, higher realisations per user and healthy growth in digital services. The digital and telecom company's consolidated revenue...

New Delhi: Tata Motors has acquired an 89.42 per cent stake in Italian commercial vehicle maker Iveco Group, making it an indirect subsidiary of the Indian automaker following completion of the initial settlement of its tender offer. In a joint statement Friday, the companies said...

Mumbai: Noel Tata has written to Tata Sons to take up a business reorganisation plan presented by him to avert listing of the conglomerate's holding company, and Shapoorji Pallonji group's part-exit to raise Rs 25,000 crore at the next board meet scheduled for November 26....