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CBIC breaks down GST structure for vouchers
Vouchers until redeemed won't be construed as supply of goods or services
MSMEs seek exemption from audits for firms below ₹5 crore turnover
Industry bodies representing micro, small, and medium enterprises (MSMEs) have asked the government to exempt MSMEs with turnovers below ₹5 crore from unnecessary audits and inspections unless major discrepancies are detected.
MoD to Modernize Armed Forces in 'Year of Reforms'
To focus on promoting indigenous production and fostering innovation
Oil prices may soften on lower risk premium
As 2024 winds up and 2025 dawns, there is a semblance of stability in the global oil market.
Bends in the Ganges
In the course of history, religion has led to tectonic shifts in not just human behaviour through the introduction of rituals and customs but also influenced the general cultural and socio-political landscape.
Economics of cash transfers
Increasing popularity needs to be debated
India 2025: Navigating an uncertain world
Managing the Trump trade and migration shock demands immediate focus
A Quad future
China's assertiveness ensures its relevance
Viksit Bharat: Time for new beginnings
The year 2025 has begun with a renewed promise for Viksit Bharat, with Prime Minister Narendra Modi telling the people of India that the government would work even harder to achieve the objective of a $30 trillion economy by 2047.
Putin asks his govt, topbank to build AI co-op with China
President Vladimir Putin (pictured) has ordered Russia's government and the country's biggest bank, Sberbank, to build cooperation with China in artificial intelligence.
Big rockets, a big telescope and big changes in space await in '25
Our species called this latest 366-day journey around the sun \"2024\" and packed into it a ton of astronomical and spaceflight excitement.
Ukraine halts Russian gas transit to Europe
This marks end of decades of Moscow's dominance over Europe's energy mkts
Man crashes truck into New Orleans crowd, opens fire, killing 10
Mayor calls it terrorist attack, FBI agent denies
VFS Capital applies for SFB licence
Microfinance company VFS Capital has applied for a small finance bank (SFB) licence under the guidelines for 'on tap' licensing of SFBs in the private sector, the Reserve Bank of India (RBI) said on Wednesday.
Credit growth to NBFCs slowed to 7.8% in Nov
Retail credit growth dipped to 16.3% due to drop in personal and vehicle loans, and rise in credit card outstanding
Power consumption up 6% in Dec
India's power consumption rose nearly 6 per cent to 130.40 billion units (BU) in December as compared to the year-ago month.
GST Rate Rationalisation May Boost Consumption: Experts
Additionally, export-related refunds have seen a significant uptick, noted Jain.
RBI Guv Calls for Focus on Customer Centricity, User-Friendly Services
Reserve Bank of India (RBI) Governor Sanjay Malhotra emphasised on customer centricity in his new year message to the employees of the central bank.
NSO Looks to Empanel Pvt Agencies for Wider Coverage
In a bid to enhance its capacity to carry out a wider range of surveys on different socio-economic indicators, the National Statistical Office (NSO) has called for empanelment of private survey agencies, for tapping into additional expertise and resources, and efficient survey execution.
School enrolment fell 3.7 mn in 2023-24
Enrolment in schools across India fell by 3.7 million in 2023-24 as compared to the previous year, Ministry of Education's UDISE data showed.
New Norms for Organic Agri Items on Cards
Move to Align Fresh Rules with EU Grades
Additional subsidy on DAP extended, to cost ₹3,850 cr
Crop insurance schemes PMFBY and RWBCIS to continue for one more year
UPI Transactions Hit Record 16.7 Billion in Dec
Unified Payments Interface (UPI) transactions saw an 8 per cent month-on-month increase in volume to 16.73 billion in December, the highest volume for the digital system since it became operational in April 2016.
Critical mineral explorations on rise, but hurdles persist
The Geological Survey of India (GSI) has undertaken 195 mineral exploration projects for critical and strategic minerals in the financial year 2024-25 (until November), a significant leap from the previous year.
Tamil Nadu Cancels Smart Meter Tender Awarded to Adani Energy
The Tamil Nadu Power Distribution Corporation has cancelled a global tender floated for procuring smart meters, citing the high cost quoted by Adani Energy Solutions Ltd (AESL).
Nuclear power door now open for pvt firms, with caveats
Experts say stringent terms could make industry apprehensive
Global headwinds, tech advancement in India Inc's New Year messages
Global headwinds, uncertainties in a \"shifting world\" where interdependencies shape economies, was a key theme in the letters India Inc captains wrote to their employees just before stepping into 2025.
'Global steel industry struggling to make profits'
Tata Steel Chief Executive Officer and Managing Director TV Narendran (pictured) on Wednesday said while the global steel sector was struggling to generate profits due to factors such as China's aggressive pricing, the demand for the metal and its consumption in India is growing.
SUVs, urban mkt drive up Dec PV sales by 11%
Discounts, CNG cars help wholesale numbers; annual sales rise 4.7%
Accel Closes Eighth India Fund With $650 Mn Pool
Accel, the venture capital firm backing startups like Flipkart and Swiggy, has raised $650 million (₹5,500 crore) for its eighth India fund, regulatory filings with the US Securities and Exchange Commission (SEC) showed.