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Deposit of Arbitral Award Amount Does Not Stop Interest Unless Award-Holder Can Withdraw Unconditionally: SC

New Delhi, Sept. 21 -- The Supreme Court has held that depositing an arbitral award amount in court does not by itself extinguish the award-debtor's liability to pay interest. Interest stops accruing... Read More


CBDT Circulars Not Binding On Courts; Export Quota Premium Not Eligible For Section 80HHC Deduction: SC

New Delhi, Sept. 21 -- The Supreme Court has reiterated that Central Board of Direct Taxes (CBDT) circulars cannot bind courts and held that premium earned from the sale of export quota does not quali... Read More


India-NZ FTA: Gurgaon-Manesar Auto, Engineering Industries Get Tariff-Free Access, But Orders Depend on Freight, Standards

Chandigarh, Sept. 21 -- The India-New Zealand free trade agreement (FTA) is set to give Gurgaon-Manesar's automobile, auto components and engineering industries tariff-free access to the New Zealand m... Read More


India Proposes 8 Safeguards For Plurilateral Initiatives, Agreements At WTO

New Delhi, Sept. 21 -- India has proposed safeguards for plurilateral initiatives and agreements at the World Trade Organization (WTO), stressing that such arrangements should complement, rather than ... Read More


WTO Warns Trade Fragmentation Could Cut Global GDP 5.1%, Exports 18.6% By 2050

New Delhi, Sept. 21 -- Global trade is at a critical juncture as geopolitical tensions, industrial policies, technological competition, AI, environmental measures and supply-chain concerns reshape int... Read More


India's Exports To China Rise Nearly 40% In April-August, Electronics Drive Growth

New Delhi, Sept. 21 -- India's exports to China rose nearly 40 per cent in the April-August period, with electronics and engineering goods emerging as key drivers, even as the bilateral trade remains ... Read More


India's Software Services Exports Rise 8.2% To USD 221.4 Bn In FY26: RBI

New Delhi, Sept. 21 -- India's software services exports, excluding services delivered through overseas commercial presence, rose 8.2 per cent year-on-year to USD 221.4 billion in 2025-26, according t... Read More


Potential US Tariffs Could Pressure India's Textile, Apparel Exports: CITI

New Delhi, Sept. 21 -- Potential additional US tariffs following the signing of the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 could put significant pressure on India's textile and appa... Read More


India's Thermal Coal Stocks Fall 42% To 29 MT In August, Cover Drops To 9 Days: Crisil

New Delhi, Sept. 19 -- Coal inventories at India's thermal power plants fell nearly 42 per cent year-on-year to 29 million tonnes in August 2026 from 50 million tonnes a year earlier, reducing fuel co... Read More


Govt Likely To Withdraw BHIM-UPI Incentive Scheme As UPI Moves To Differentiated MDR

New Delhi, Sept. 19 -- The government is likely to withdraw the existing incentive scheme for BHIM-UPI and RuPay debit card transactions as India shifts towards a differentiated pricing framework for ... Read More