India bans all imports from Pakistan amid rising tensions

New Delhi (IANS) India has banned all imports - direct and indirect - from Pakistan amid rising tensions with the neighbouring country over the barbaric Pahalgam terror attack.

According to a notification by the Commerce Ministry, "Direct or…

CBDT issues new ITR Form 5 with key updates for assessment year 2025-26

New Delhi (IANS) The Central Board of Direct Taxes (CBDT) has notified the new Income Tax Return (ITR) Form 5 for the assessment year (AY) 2025-26 with some key updates. 

The Income Tax Department has introduced several changes in the new I-T…

Audi India to raise prices by up to 2 pc due to hike in exchange rate, input cost

Mumbai (IANS) German luxury car manufacturer Audi India on Friday announced a price increase of up to 2 per cent across its model range, due to hike in the exchange rate and input cost. 

The ex-showroom price of models will increase up to 2…

India's manufacturing activity surges to 10-month high in April: Report

New Delhi (IANS) India's manufacturing activity surged to a 10-month high of 58.2 on the purchasing manager's index (PMI) in April, compared with 58.1 in the previous month, driven by higher exports and domestic demand, according to a HSBC…

Indian stock market delivers over 3 pc returns in April; Nifty Bank leads with 6.83 pc gain

Mumbai (IANS) Despite global uncertainties, the Indian stock market performed strongly in April as the Sensex rose by 3.65 per cent, while the Nifty gained 3.46 per cent during the month. 

Banking stocks led the rally, with the Nifty Bank index…

Govt incentives, infra investments continue to drive EV adoption in India: Report

New Delhi (IANS) Government incentives and infrastructure investments are boosting local electric vehicle (EV) manufacturing and a range of policy measures and infrastructure developments are underway to help bridge the gap and push the market closer…

Indian Oil clocks 50 pc jump in Q4 net profit at Rs 7,265 crore

New Delhi (IANS) State-run Indian Oil Corporation on Wednesday reported a net profit of Rs 7,264.85 crore for the January-March quarter of 2024-25, which represents a 50 per cent year-on-year increase over the corresponding figure of Rs 4,837.69 crore…

Maharashtra ranked India’s top performing state, Gujarat 2nd : Report

New Delhi (IANS) Maharashtra leads the overall composite rankings as the top performing state across economic and social parameters in the country, followed by Gujarat and Karnataka, according to a report released on Tuesday. 

Maharashtra topped…

India’s microfinance sector projected to grow by 12–15 pc in FY26

Mumbai (IANS) The micro-finance sector (MFI) in India is projected to grow by 12–15 per cent in FY26 under a conservative scenario, returning to FY24 levels, a report showed on Monday. 

In a more favourable environment, particularly if rural…

India’s domestic policy to support growth, broader economy remains robust: Experts

New Delhi (IANS) India’s domestic policy is likely to support growth as the income tax cuts come in force this fiscal and the Reserve Bank of India (RBI) continues with rate cuts, industry experts said on Monday, as pick-up was seen in the Index of…