Business

New Delhi: Taiwanese electronics giant Foxconn's Bengaluru factory, its second-largest manufacturing unit, has commenced operation with production of iPhone 17 recently at a small scale, sources aware of the development said. Foxconn is the largest manufacturer of iPhones, and the second-biggest facility outside China in...

New Delhi: The proposed ‘Next Gen GST' with sweeping reforms, lower tax rates, and just two slabs, aims to boost the economy amid tariff threats and set the stage for a single tax rate regime by the time India becomes a developed nation, government sources...

New Delhi: A US team, which was scheduled to visit India from August 25, for the next round of negotiations for the proposed bilateral trade agreement is likely to defer the meeting to a later date, an official said. So far, five rounds of talks...

New Delhi: State-owned NHAI has implemented the FASTag annual pass across the country from Friday to encourage the use of technology to enhance 'ease of living' for the citizens, according to an official statement. The statement said the annual pass has received an overwhelming response...

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...