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Customs Duty On Most Items To Fall To Single Digits By FY28: FM Sitharaman

New Delhi, Aug. 7 -- The government plans to continue rationalising tariff structures and aims to bring Customs duty on most items down to single-digit levels by the Budget for 2027-28 (FY28), Union F... Read More


Lok Sabha Clears Taxation and Other Laws (Amendment) Bill; Push For Foreign Investment And Manufacturing

New Delhi, Aug. 7 -- The Lok Sabha on Thursday passed the Taxation and Other Laws (Amendment) Bill, 2026, without debate. The legislation aims to attract foreign investment, support domestic manufactu... Read More


DPIIT Partners With Cars24 To Support Startups With AI, Funding And Mentorship

New Delhi, Aug. 7 -- Gurugram-based Cars24 has signed a memorandum of understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT) to collaborate on initiatives aimed a... Read More


Indian Auto LPG Coalition Seeks Govt Push For Retrofit Policy To Tackle Rising Emissions

New Delhi, Aug. 7 -- The Indian Auto LPG Coalition (IAC) has urged the government to introduce a dedicated, time-bound national retrofit policy to enable certified conversion of existing petrol and di... Read More


India's Bank Credit Growth Pegged At 14% For FY27; Pace Likely To Ease In H2: HSBC Report

New Delhi, Aug. 7 -- India's bank credit growth is expected to remain robust at around 14 per cent in FY27, according to a report by HSBC Global Investment Research. The report noted that several ban... Read More


India's Defence Sector To Reach Rs 3 Lakh Crore By FY29: CareEdge Ratings

New Delhi, Aug. 7 -- India's defence sector is projected to grow from Rs 1.78 lakh crore in FY26 to Rs 3 lakh crore by FY29, registering a compound annual growth rate (CAGR) of about 19 per cent, acco... Read More


India Pushes BRICS Trade Receivables Discounting System To Support MSMEs

New Delhi, Aug. 7 -- India has proposed a study to establish a BRICS Trade Receivables Discounting System aimed at addressing the trade finance gap faced by micro, small and medium enterprises (MSMEs)... Read More


Waterlogging Disrupts Industrial Operations In Gurugram, Industry Seeks Action

Gurugram, Aug. 7 -- Waterlogging following rainfall has disrupted industrial operations in Gurugram's Sector 16 and IMT Manesar industrial areas, with industry bodies urging authorities to implement i... Read More


Parliamentary Panel Urges Early India-US Trade Pact, Safeguards For Exporters

New Delhi, Aug. 7 -- The Parliamentary Standing Committee on Commerce has urged the government to conclude the proposed India-United States Bilateral Trade Agreement (BTA) at the earliest while ensuri... Read More


Cabinet Approves Rs 23,731 Crore GOBARdhan Scheme To Boost CBG Production

New Delhi, Aug. 7 -- The Union Cabinet has approved the GOBARdhan (National Circular Bioenergy Scheme) with a total outlay of Rs 23,731 crore to accelerate compressed biogas (CBG) production and stren... Read More