Business

New Delhi: Union Finance Minister Nirmala Sitharaman was all set to introduce the revised Income Tax Bill 2025 in the Lok Sabha Monday. The updated Income Tax Bill 2025 incorporates 285 suggestions from the Parliamentary Select Committee. The new legislation aims to simplify tax processes...

New York: US President Donald Trump has not yet decided on imposing levies on China for purchasing oil from Russia, as Washington's ties with Beijing “affect many things that have nothing to do with the Russian situation", Vice President J D Vance has said. “Well,...

New Delhi: Stock markets will be driven by inflation data, trade-related news, earnings and trading activity of foreign investors in a holiday-shortened week, analysts said Sunday. Global market trends will also influence trading sentiment this week, they added. Equity markets would remain closed Friday for...

Raisen (MP): Defence Minister Rajnath Singh Sunday described India's economy as the world's most "dashing and dynamic" and said some people who have the attitude of "we are everyone's boss" are not liking it. Singh's comments come amid high tariffs announced by US President Donald...

New Delhi: The Seafood Export Association of India has approached the ministries of commerce and finance to seek emergency financial support as USD 2 billion worth of shrimp exports to the US face severe disruptions due to increased tariffs imposed by President Donald Trump, a...

New Delhi: The combined market valuation of six of the top 10 valued firms eroded by Rs 1,36,151.24 crore last week, with Reliance Industries taking the biggest hit, following a bearish trend in equities. Extending losing streak for the sixth consecutive week, the BSE benchmark...

New Delhi: Foreign investors have pulled out nearly Rs 18,000 crore from Indian equities so far this month, weighed down by escalating US-India trade tensions, disappointing first-quarter corporate earnings, and a weakening Indian rupee. With this, the total outflow by Foreign Portfolio Investors (FPIs) in...

New Delhi: India should consider whether the cheap oil imports from Russia are 'worth it' after the Trump administration announced an additional 25 per cent tariff on Indian goods, Nobel laureate Abhijit Banerjee has said. Last week, US President Donald Trump signed an executive order,...

New Delhi: Indian refiners, the world's biggest user of Russian oil, can operate without supplies from Moscow from a technical standpoint, but the shift would involve major economic and strategic trade-offs, analysts said. Russian crude supports high distillate yields - the share of crude converted...

New Delhi: As India-US trade talks stall, the resilience of India's economy is a cornerstone of its ability to weather these tariff pressures with minimal disruption, as over the past decade, the country has transformed into a diversified economic powerhouse, bolstered by strategic reforms and...