Key labour-intensive sectors—marine, textiles, chemicals, base metals—will now enjoy zero duties, down from rates as high as 20%. (AI image) India-UK trade deal: The India-UK trade deal is being seen as a historic milestone in the trade relations between the two countries. The most significant number that jumps out is – 99% of India’s exports…
The trade deal ensures duty-free access for 99% of Indian exports to Britain, which includes almost all trade categories. (AI image) India-UK FTA: India and the UK have signed the Comprehensive Economic and Trade Agreement (CETA) or to put it simply a free trade agreement with an aim to increase two-way trade to $112 billion…
The Income Tax department is in the process of framing rules, forms, and procedures under the proposed Income Tax Bill, 2025, which aims to replace the six-decade-old direct tax legislation, Central Board of Direct Taxes (CBDT) Chairman Ravi Agarwal said on Thursday.Speaking at the 166th Income Tax Day event in the capital, Agarwal said the…
Even as benchmark indices have struggled since the September 2024 selloff, a clutch of little-known microcap and penny stocks have delivered blockbuster returns, with at least 50 companies gaining over 200%—and some surging by as much as 5,500%, according to an Economic Times report.Leading the list is RRP Semiconductor, a Maharashtra-based firm whose shares skyrocketed…
A landmark trade deal between the US and Japan has set a new benchmark for global tariff negotiations, as economists say the 15% cap agreed for auto and goods tariffs could become the new normal in ongoing trade talks with other key US partners.Under the agreement, tariffs on Japanese auto imports to the US will…
8th Pay Commission news: As the central government has begun consultations with key stakeholders, including the Ministry of Defence, Ministry of Home Affairs, Department of Personnel and Training, and state governments, as part of the process to constitute the 8th Central Pay Commission (CPC) to revise pay structures for nearly 50 lakh central government employees…
India’s top IT firms are witnessing weak demand across key verticals such as manufacturing, consumer, communications and life sciences, which together account for 40–70% of revenues for several large players, as clients cut discretionary spending and defer projects amid global economic and policy headwinds.According to analysts, these sectors—once seen as growth engines diversifying revenue away…
India-UK Trade Deal (AI image) India-UK free trade deal: In a historic step, the India-UK free trade agreement (FTA) was signed in the presence of PM Narendra Modi and UK PM Keir Starmer. The trade deal which was agreed upon in May this year, was signed on Thursday during PM Modi’s visit to the United…
Trump revealed that he had contemplated dividing Nvidia Corp. to enhance competition in the AI chip sector. (AI image) Did you know that US President Donald Trump wanted to ‘break up’ Nvidia, the global artificial intelligence leader and the world’s most valuable firm? Trump has said that his aim was to introduce more competition in…
Market experts anticipate continued focus on individual stocks as corporate results remain crucial for short-term market movements. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Thursday. While Nifty50 was near 25,200, BSE Sensex was down over 100 points. At 9:23 AM, Nifty50 was trading at…
