Business

New Delhi: The free trade agreement between India and four-European nation bloc EFTA, which will come into force from October 1, will have legally binding provisions on trade and sustainable development, Switzerland said Wednesday. "For the first time, India has laid down legally binding provisions...

New Delhi: The Indian services sector growth touched a 15-year high in August, driven by a sharp rise in new orders and output, amid substantial improvement in demand conditions, a monthly survey said Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was...

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If you've ever wished for an extra hour, imagine having entire centuries at your disposal. Of course, there's a catch: hopping from the Renaissance to the roaring 1920s to a neon-lit 2100 doesn't exactly make grocery runs and email replies easier. Your calendar becomes a...

New Delhi: The 56th meeting of the GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state ministers, Wednesday started deliberations on 'next-gen GST' reforms, which will lower tax rates on items of mass consumption, remove duty inversion in sectors, like textiles, and ease...

New Delhi: Finance ministers of opposition-ruled states met Wednesday ahead of the crucial GST Council meeting and resolved to demand compensation for revenue losses incurred by states due to the recent GST rate revisions. Eight opposition-ruled states -- Himachal Pradesh, Jharkhand, Karnataka, Kerala, Punjab, Tamil...

New Delhi: Aiming to herald one of the biggest reforms in the country, the 56th GST Council meeting is all set to discuss the two-slab tax structure proposed by the Centre’s to reduce GST rates on over 150 items as part of a comprehensive rate...

New Delhi: Commerce and Industry Minister Piyush Goyal Tuesday said India-China relations are gradually moving towards normalcy, noting that as border issues get resolved, easing of tensions is a natural consequence. At the meeting held on the margins of the Shanghai Cooperation Organisation (SCO) summit,...

New Delhi: Centre is likely to push for a 5 per cent tax on EVs when its ambitious overhaul of the Goods and Services Tax (GST) to lower tax rates on daily use items ranging from butter to electronics is considered by the all powerful...

New Delhi: Critical semiconductor production projects may continue to get up to 70 per cent of total project cost as incentive from the Centre as well as states, a senior government official said Tuesday. Speaking at the Semicon India event, Electronics and IT Secretary S...