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Punjab & Haryana HC Strikes Down Retrospective Section 147A Of Income Tax Act

Chandigarh, Sept. 14 -- The Punjab and Haryana High Court has struck down the newly inserted Section 147A of the Income Tax Act, 1961, which retrospectively sought to clarify the role of Jurisdictiona... Read More


US Finalises 123% Anti-Dumping, 126% Countervailing Duties On Indian Solar Imports

New Delhi, Sept. 14 -- The US Commerce Department has finalised steep anti-dumping and countervailing duties on solar cells and panels imported from India, Indonesia and Laos, citing dumping and unfai... Read More


India-EU FTA Allows 100,000 European ICE, Hybrid Cars At Concessional Duties In Year 1

New Delhi, Sept. 14 -- European automakers will get concessional access for up to 100,000 ICE and hybrid cars in the first year of the India-EU FTA, nearly six times the 17,191 vehicles imported from ... Read More


India Allows Nepal To Import Up To 654 MW Electricity Through Power Exchanges

New Delhi, Sept. 14 -- India has approved Nepal's request to begin importing up to around 654 MW of electricity through Indian power exchanges from September 2026, a month earlier than the country's u... Read More


BRICS Pushes Affordable Finance, Trade Credit To Strengthen MSME Global Value Chain Integration

New Delhi, Sept. 14 -- BRICS countries have reaffirmed their commitment to strengthening the internationalisation of micro, small and medium enterprises (MSMEs), identifying access to affordable finan... Read More


RBI MPC To Reassess Growth, Inflation Dynamics In October Amid Higher Crude Prices: Governor Malhotra

New Delhi, Sept. 12 -- The Reserve Bank of India's Monetary Policy Committee (MPC) will reassess growth and inflation dynamics at its October meeting amid rising crude oil prices due to the ongoing We... Read More


India-EU FTA Offers EU Carmakers Initial Tariff Quota Of 1 Lakh Cars Annually, Rising To 1.6 Lakh

New Delhi, Sept. 12 -- The India-EU free trade agreement will allow European Union carmakers to export up to 1 lakh passenger vehicles annually to India at concessional import duties initially, with t... Read More


FM Sitharaman Calls For Faster CBDC Development, Stronger Safeguards As AI, Tokenisation Advance

New Delhi, Sept. 12 -- Finance Minister Nirmala Sitharaman on Friday urged the Reserve Bank of India (RBI) to accelerate work on its Central Bank Digital Currency (CBDC), saying the digital rupee will... Read More


BRICS Business Council Should Target Top 10 Trade Barriers Removal, Support 100 BRICS Startups Annually: PM Modi

New Delhi, Sept. 12 -- Prime Minister Modi on Friday called on the BRICS Business Council to identify and work towards removing the top 10 trade barriers among member countries, while proposing suppor... Read More


Piyush Goyal Meets Microsoft India Chief To Discuss Data Centres, AI Infrastructure Expansion

New Delhi, Sept. 12 -- Union Commerce and Industry Minister Piyush Goyal met Microsoft India and South Asia President Puneet Chandok and discussed expanding data centre capacity and advancing the Indi... Read More