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ADB identifies Nepal-India digital payment corridor as major opportunity

Kathmandu: The Asian Development Bank (ADB) has identified the Nepal-India digital payment corridor as a major untapped opportunity that could significantly improve trade, tourism, and remittance flows between the two neighbouring countries. In its report 'Advancing Digital Payments in Nepal: Infrastructure Upgrades and Policy Development...

FILE PHOTO: Iranian flag flies in front of the UN office building, housing IAEA headquarters, amid the coronavirus disease (COVID-19) pandemic, in Vienna, Austria, May 24, 2021. REUTERS/Lisi Niesner

Iran threatens to hit regional infrastructure amid rising US attacks

Dubai: Iran's joint military command stepped up its threats Thursday as intensifying US airstrikes target the country, saying it would destroy "all the infrastructure in the region". The threat from the Khatam al-Anbiya Central Headquarters referenced US President Donald Trump's repeated warning that he could...

Govt raises windfall tax on diesel, ATF exports

New Delhi: Centre has raised windfall taxes on exports of diesel and aviation turbine fuel (ATF) while lowering the levy on petrol exports, as surging global oil prices driven by the escalating US-Iran conflict boosted refining margins, with the revised rates taking effect from Thursday....

India–UK FTA comes into effect, bilateral trade poised to leap

New Delhi: The landmark India-UK Comprehensive Economic and Trade Agreement (CETA), which has come into effect from Wednesday, grants zero-duty access on nearly 99 per cent of India's exports, covering almost 100 per cent of the trade value, which will strengthen the country’s export competitiveness,...

India-UK FTA

India-UK trade agreement is now in force: Piyush Goyal

New Delhi: Union Commerce and Industry Minister Piyush Goyal on Wednesday said the India-UK Comprehensive Economic and Trade Agreement (CETA) has come into force under the leadership of Prime Minister Narendra Modi, calling it a defining milestone in bilateral ties. In a post on X,...

Direct tax collections rise 16% to Rs 6.51 lakh crore

New Delhi: The net direct tax collection grew 16.40 per cent to over Rs 6.51 lakh crore till July 13 this fiscal, driven by higher corporate tax mop-up, government data showed Tuesday. The net corporate tax collection rose 22 per cent to Rs 2.40 lakh...

 

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