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Gold surge: Imports hit record $14.72 bn in Oct; festive demand drives spike as trade deficit widens
India’s gold imports surged nearly threefold to a record $14.72 billion in October, driven by robust festive and wedding season demand. This significant increase pushed ...
Fiscal roadmap: Finance Commission submits report for 2026-31; formula for Centre-state tax share sent to President Murmu
The 16th Finance Commission, led by Arvind Panagariya, has submitted its report for 2026-31 to President Droupadi Murmu. This report outlines the crucial formula for ...
Tax refunds scrutiny: CBDT flags wrongful claims; why high-value payouts are stuck-here’s what the IT department says
The Income-Tax Department is withholding some high-value refund payments due to detected wrongful deduction claims in flagged filings. Legitimate refunds are expected to be cleared ...
Aviation boost: Emirates places $38 bn order for 65 Boeing 777X jets; delivery to begin 2027
Dubai Air Show saw Emirates place a massive $38 billion order for 65 Boeing 777-9 jets, boosting its long-haul capacity. This significant deal reinforces Emirates’ ...
Murugappa Group’s former chairman Arunachalam Vellayan passes away
A Titan Passes: Remembering Arunachalam Vellayan and His Legacy at Murugappa Group The world of Indian business feels a little quieter today. Arunachalam Vellayan, former ...