Business

New Delhi: As India approaches the new fiscal year FY27, the country’s direct tax system is set for a major overhaul from April 1, 2026, with the new Income Tax Act, 2025, coming into force -- replacing the six-decade-old 1961 legislation and introducing changes in...

Mumbai: The rupee Monday breached the 95/USD-mark in intra-day trade Monday and settled at 94.78 (provisional) against the American currency after Iran war escalation jolted global markets, fuelling rupee volatility and risk-off sentiment. Forex traders said the USD/INR pair witnessed high volatility and swung 165...

Beijing: China's flag carrier resumed direct flights between Beijing and North Korea's capital of Pyongyang Monday not long after the restoration of passenger train services between the capitals. The Air China flight was welcomed by the Chinese ambassador to North Korea, Wang Yajun, and other...

New Delhi: Commerce and Industry Minister Piyush Goyal has emphasised the importance of a balanced and responsive World Trade Organisation (WTO) that effectively addresses the needs and aspirations of all members, particularly developing countries and Least Developed Countries (LDCs). Goyal had valuable discussions with Dr...

What inspired the idea of manufacturing eco-friendly cow dung paint, and how did the concept evolve into a scalable business? The inspiration came from a simple observation during my dairy training. I saw farmers struggling because old cows generated little income, while cow dung had...

New Delhi:  Commerce and Industry Minister Piyush Goyal will visit Canada in May, amidst ongoing negotiations for a free trade agreement between the two countries. March 2, the two countries launched negotiations for a comprehensive economic partnership agreement (CEPA). The issue of Goyal's visit came...

New Delhi: Commerce and Industry Minister Piyush Goyal met Maros Sefcovic, European Commissioner for Trade and Economic Security, on the sidelines of the 14th Ministerial Conference (MC14) of the World Trade Organisation (WTO) in Cameroon, and reviewed progress on the India-EU free trade agreement (FTA)....

Chandra Prakash Bhartia, Managing Director of Jagdamba Polymers Limited, is a first-generation entrepreneur with over four decades of experience in manufacturing. His entrepreneurial journey began in the early 1980s with a small industrial venture, and since then he has remained committed to building sustainable manufacturing...

The Indian market has seen an immense boom in gold prices, stabilising at record levels in 2026. This increase has converted unused jewellery into a valuable credit resource for individuals and small businesses. However, to properly leverage your assets, you must first know the current...

New Delhi: BJD MP Sasmit Patra Saturday said that the recent reduction in excise duty on petrol and diesel could result in a revenue loss of Rs 3-4 lakh crore for the Government of India, while also warning of broader economic challenges stemming from the...