Business

Trade watch: Govt tightens curbs on platinum jewellery; move targets FTA misuse

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New import rules for platinum jewellery are now in effect. A license is required for these items until April 2026. This measure aims to prevent ...

Trump tariff shock eases? India’s exports to US rise after 4 months of slide; reach $6.3 billion in October

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Indian exports to the US saw a monthly uptick in October, a positive sign despite hefty tariffs. However, year-on-year figures reveal a notable decline compared ...

Gold surge: Imports hit record $14.72 bn in Oct; festive demand drives spike as trade deficit widens

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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 ...

Export mission: Centre to roll out EPM norms this month, tariff-hit sectors get priority; MSMEs to see finance push

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India’s Commerce Ministry is finalizing guidelines for a Rs 25,060-crore Export Promotion Mission, set to launch soon. This six-year initiative aims to shield exporters from ...

Fiscal roadmap: Finance Commission submits report for 2026-31; formula for Centre-state tax share sent to President Murmu

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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

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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

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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

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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 ...

Cyber breach: PwC flags $1mn hit for Indian firms; AI, cloud security budgets set to rise

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Indian enterprises are facing significant financial losses from cyber breaches, with nearly a quarter experiencing over $1 million in damages in the last three years. ...

LNG geopolitics: Reduced Russian supply fuels volatility; US emerges as dominant supplier

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A new analysis warns that the global shift away from Russian gas is creating market instability due to tighter supplies and political realignments. Countries are ...