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West Bengal GoM Approves Draft Industrial Policy, MSMEs And AI Among Key Focus Areas

Kolkata, Oct. 3 -- West Bengal's proposed new industrial policy has cleared a key procedural step after the Group of Ministers (GoM) approved its draft, paving the way for consideration by the state C... Read More


Punjab And Haryana HC Issues Key Ruling On GST ITC Reversal, Covers 424 Petitions

Chandigarh, Oct. 3 -- The Punjab and Haryana High Court has ruled that a buyer's Input Tax Credit (ITC) cannot be mechanically reversed merely because a supplier has failed to deposit GST with the gov... Read More


S&P Global Forecasts 7% Growth for India in FY27, Citing Infrastructure and Capital Markets

New Delhi, Oct. 1 -- India's economy is expected to grow by around 7 per cent in fiscal 2026-27, moderating from 7.8 per cent in FY26, with infrastructure development, deeper capital markets and stron... Read More


Textiles Ministry Extends RoSCTL Scheme for Apparel Exports Till Dec 31

New Delhi, Oct. 1 -- The Ministry of Textiles has extended the Rebate of State and Central Taxes and Levies (RoSCTL) Scheme for exports of apparel, garments and made-ups by three months till December ... Read More


US Trade Uncertainty, Higher Crude Prices Weigh on India's Capital Flow Prospects: Finance Ministry

New Delhi, Oct. 1 -- India faces challenges in attracting capital flows amid uncertainty over trade relations with the US, volatile crude oil prices and limited participation in global artificial inte... Read More


Piyush Goyal Highlights India-US Investment, Manufacturing Opportunities at US Business Roundtable

New Delhi, Oct. 1 -- Union Commerce and Industry Minister Piyush Goyal arrived in Milwaukee, United States, to participate in the G20 Trade Ministers' Meeting. During the visit, Goyal interacted with... Read More


Cabinet Clears Rs 1.86 Lakh Crore Green Energy Corridor-III to Expand Intra-State Transmission, Add 50 GWh Battery Storage

New Delhi, Oct. 1 -- The Union Cabinet, chaired by Prime Minister Modi, has approved the Green Energy Corridor Phase-III (GEC-III) scheme to strengthen India's intra-state transmission network and fac... Read More


SBI Seeks Clarity on Banking Rules for Accounts, Deposits and Assets Under Proposed FCRA Framework

New Delhi, Oct. 1 -- The State Bank of India (SBI) has supported the objectives of the proposed amendments to the Foreign Contribution (Regulation) Act (FCRA), while seeking clear rules on how banks s... Read More


Receipt of Cheque-Bounce Notice by Family Member Does Not Invalidate Service if Sent to Drawer's Correct Address: SC

New Delhi, Oct. 1 -- The Supreme Court has held that a statutory demand notice under the Negotiable Instruments Act, 1881 cannot be treated as invalid merely because it was received by a family member... Read More


Draft Petroleum Amendment Bill: Govt Proposes Decriminalising Routine Licence Breaches, Seeks Public Feedback

New Delhi, Oct. 1 -- The government has proposed decriminalising routine licence-related violations under the Petroleum Act, 1934, while introducing higher penalties for unauthorised operations, damag... Read More