US Also Imposes High Tariffs to Protect Domestic Industry: WTO Data Counters Trump’s Claims

New Delhi – US President Donald Trump’s claim that India’s tariffs are “way too high” doesn’t stand up to scrutiny, as several countries — including the US — impose steep customs duties to protect their own domestic industries, according to World…

Indian Stock Market Shows Resilience Amid US Tariff Pressure, Closes Slightly Lower

Mumbai: The Indian stock market ended slightly lower on Thursday after a highly volatile trading session, defying fears of a major sell-off following the US government's imposition of tariffs on India. Investor interest in FMCG stocks helped cushion…

Tata Motors Shares Fall Over 4% Amid Reports of $4.5 Billion Iveco Acquisition Talks

Mumbai: Tata Motors shares came under pressure on Wednesday, dropping by over 4% in early trading, following reports that the company is in advanced talks to acquire the truck division of Italy’s Iveco Group in a potential $4.5 billion deal.

As…

India’s Industrial & Logistics Sector Reaches Record Leasing High in H1 2025; E-commerce Leads Growth

New Delhi — India’s industrial and logistics (I&L) sector has achieved a new leasing milestone in the first half of 2025 (January–June), with total leasing activity rising 63% year-on-year to 27.1 million square feet across the top eight cities, according…

No Changes in Tax Rates in Income Tax Bill 2025: Clarifies IT Department

New Delhi – The Income Tax Department on Tuesday clarified that the proposed Income Tax Bill 2025 does not include any changes to existing tax rates. The primary goal of the bill is to simplify the language and remove outdated or redundant provisions…

TCS Shares Decline After Announcement of 12,200 Job Cuts

New Delhi: Shares of Tata Consultancy Services (TCS) traded lower on Monday after the company announced plans to lay off approximately 12,200 employees during the financial year 2025–26.

TCS shares fell by 1.7%, hitting an intraday low of ?3,081…

Centre Clarifies: No GST Planned on UPI Transactions Above ?2,000

New Delhi – The Central Government has confirmed that there is no plan to impose Goods and Services Tax (GST) on UPI transactions exceeding ?2,000.

Responding to concerns raised in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary…

RBI Approves One-Month Extension for IndusInd Bank’s Interim Executive Committee

New Delhi — The Reserve Bank of India (RBI) has approved a one-month extension for IndusInd Bank’s interim executive committee, allowing it to continue functioning until August 28 or until the appointment of a new Managing Director and Chief Executive…

US Dollar May Lose Its Dominance as Sole Global Anchor; Indian Rupee Shows Strength

New Delhi – Global currency markets are witnessing a major shift as the US dollar comes under sustained pressure, driven by ongoing uncertainty over US interest rates and the potential reintroduction of trade tariffs, according to a report released…

India, Maldives Sign Multiple MoUs During PM Modi's Visit; Agree on Free Trade Agreement Framework

Male – Prime Minister Narendra Modi held extensive talks with Maldivian President Mohamed Muizzu in Male on Friday, as both leaders reviewed the full spectrum of India-Maldives ties and reaffirmed their commitment to deepening the bilateral partnership.