Business

New Delhi: The central government has proposed just two tax rates of 5 per cent and 18 per cent in the revamped Goods and Services Tax (GST), slated to replace the current indirect tax regime by Diwali this year, highly placed sources said. While the...

New Delhi: India's purchase of Russian oil has risen to 2 million barrels per day in August, as refiners continue to prioritise economic considerations in their sourcing decisions. As much as 38 per cent out of an estimated 5.2 million barrels per day of crude...

New Delhi: Prime Minister Narendra Modi on Friday gave a clarion call for making a "Samriddh Bharat" by becoming self reliant in fields ranging from fighter jet engines to energy and Artificial Intelligence, as he announced a task force for next generation reforms, GST changes as...

New Delhi: Prime Minister Narendra Modi Friday announced the launch of PM Viksit Bharat Rozgar Yojana which is expected to create 3.5 crore jobs in next two years. On July 1, 2025, the Union Cabinet chaired by Prime Minister Modi had approved the scheme aimed...

New York: US President Donald Trump has claimed that the tariffs imposed on India for purchasing oil from Russia have influenced Moscow's decision to seek a meeting with Washington, as the country was losing its “second largest customer”. The comments come ahead of Trump's high-profile...

New Delhi: Prime Minister Narendra Modi Friday said the next generation reforms in Goods and Services Tax (GST) will be unveiled by Diwali, which will provide 'substantial' tax relief to common man and benefit small and medium enterprises. Addressing the nation on the 79th Independence...

New Delhi: The status of a US delegation visiting India for the next round of bilateral trade talks will be known closer to the scheduled date of August 25, Commerce Secretary Sunil Barthwal said Thursday. He also said that the two countries are fully engaged...

Mumbai: The Reserve Bank of India (RBI) has announced that bank cheques must be cleared within a few hours from October 4 -- down from the current clearance time of up to two working days. Under the new mechanism, the banks will scan, present and...

Bhubaneswar: The joint platform of Central Trade Unions, Samyukta Kisan Morcha (United Farmers’ Front), and the Land Rights Movement organised a protest rally Wednesday from Master Canteen to Lower PMG here under the banner ‘Defend National Sovereignty – Stop Corporate Loot,’ condemning Trump’s aggressive tariff...

Bhubaneswar: Odisha government Wednesday decided to set up 38 model mandis (agri marketing yards) in 30 districts of the state in two years with a cost of Rs 300 crore, an official said. At a Cabinet meeting chaired by Chief Minister Mohan Charan Majhi has...