New simpler Income Tax Bill slashes volume of Income Tax Act, 1961 by half

New Delhi (IANS) The Income-Tax Bill, 2025 tabled in Parliament on Thursday, marks a significant step toward simplifying the language and structure of the Income-tax Act, 1961 based on global best practices, according to a statement issued by the…

RBI to inject Rs 2.5 lakh crore to enhance liquidity in banking system

Mumbai (IANS) The Reserve Bank of India (RBI) was all set to inject Rs 2,50,000 crore through its Variable Rate Repo (VRR) auction on Wednesday to enhance liquidity in the banking system. 

The Central Bank has stated that the amount has been…

Demand for office spaces in India’s top 6 cities poised for double digit surge in 2025

New Delhi (IANS) India’s top six cities have witnessed significant scale-up in office leasing and supply which is likely to gain further momentum, with gross leasing across the top six cities projected to reach 65-70 million square feet in 2025, according…

14th Asian Fisheries and Aquaculture Forum to kick start in Delhi tomorrow

New Delhi (IANS) The 14th Asian Fisheries and Aquaculture Forum, with the theme “Greening the Blue Growth in Asia-Pacific,” is being organised in Delhi from Wednesday (February 12) and will host around 1,000 delegates from 24 countries, including…

Indian metal stocks fall as Trump threatens new tariffs

Mumbai (IANS) Shares of domestic metal companies on Monday declined sharply after the US President Donald Trump announced to impose a 25 per cent tariff on all steel and aluminum imports. This statement raised concerns about disruptions in the global…

Coal demand in India projected to reach 1,755 MT by 2047

New Delhi (IANS) The coal demand in India is projected to reach 1,462 million tonnes (MT) in 2030 and 1,755 MT by 2047, the government said on Monday. 

With the fifth-largest geological coal reserves globally and as the second-largest consumer,…

India’s semiconductor consumption market to grow at a 13 pc CAGR through 2030

New Delhi (IANS) Driven by the government's production-linked incentive (PLI) scheme, India’s semiconductor consumption market which is valued at $52 billion in 2024-25 is expected to grow at a robust CAGR of 13 per cent through 2030. 

Sectors…

SEBI proposes stricter rules for listed companies to strengthen corporate governance

New Delhi (IANS) The Securities and Exchange Board of India (SEBI) has proposed new rules to improve corporate governance at listed companies. 

These proposals focus on revising the format of the Annual Secretarial Compliance Report (ASCR),…

India on the path to hit record $800 billion in exports in FY25

New Delhi (IANS) India is on the path to achieve $800 billion in exports in the 2024-25 fiscal for the first time, according to the government, signalling a robust economy and continued growth across sectors. 

According to the Union Commerce…

RBI hints further steps to ensure liquidity, US tariff uncertainties to cool off soon

New Delhi (IANS) The Reserve Bank of India (RBI) has always focused on ease of credit and will take further steps to ensure that enough liquidity remains in the banking system as there is "room for improvement", Governor Sanjay Malhotra said on Saturday,…