Business

New Delhi: Commerce Ministry has cautioned the domestic industry to strictly follow the US 'rules of origin' norms while exporting goods to America, as re-routing products from high-tariff countries without substantial value addition could be classified as transhipment and attract higher duties, an official said....

New Delhi: State Bank of India (SBI) Saturday reported 10 per cent fall in standalone net profit at Rs 18,643 crore for the fourth quarter ended March 2025. The country's biggest lender had earned a profit of Rs 20,698 crore in the January-March period of...

New Delhi: After banning all imports from Pakistan, India Saturday barred Pakistan-flagged ships from entering any of its ports, following the barbaric attack in Jammu and Kashmir's Pahalgam, which took 26 lives. According to a directive from the Ministry of Ports, Shipping and Waterways, Pakistan-flagged...

New Delhi: India has banned direct or indirect import of all goods from Pakistan with immediate effect in the interest of national security and public policy, following the Pahalgam terror attack last month which killed 26 tourists, according to a government order. The decision will...

Bhubaneswar: Odisha government Friday signed MoUs with four corporations for the development of agriculture and support to farmers for the 2025-26 financial year. The MoUs were signed by the state agriculture department with Odisha Agro-Industrial Corporation (OAIC), Odisha Agriculture Promotion and Capital Investment Corporation Limited...

New Delhi: Apple will source the majority of the iPhone sold in the US from India in the June quarter while China will produce the vast majority of the devices for other markets amid uncertainty over tax tariffs, a top official said Friday. During the...

New Delhi: The Income Tax department has notified ITR form 3 to be filed by individuals and HUFs having income from business or profession. The tax department in a post on X late Thursday night said ITR-3 for Assessment Year 2025-26 has been notified April...

New Delhi: S&P Global Ratings Friday cut India's growth projections by 0.2 percentage points to 6.3 per cent for the current fiscal year citing uncertainty over the US tariff policy and downside risks from its spillover to the economy. In its report titled "Global Macro...

Mumbai: BSE benchmark index Sensex ended 260 points higher Friday amid optimism surrounding a potential India-US trade deal, record high GST collection in April, and continuous foreign fund inflows. Moreover, a firm trend in global markets also added to the optimism in equities. After a...

New Delhi: India's Goods and Services Tax (GST) collections surged to a record high of Rs 2.37 lakh crore during April, which represents a 12.6 per cent increase from Rs 2.10 lakh crore in the same month last year, official figures showed Thursday. The increase...