Economy

India and Asean are growing apart. Blame Trump tariffs

Economy
It’s still far from clear what President Donald Trump’s tariffs will eventually look like. But the pressures they will put on stable trading relationships — even those that don’t directly involve the US — are...

Cantor Fitzgerald close to $4bn Spac deal with bitcoin pioneer

Crypto
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Brandon Lutnick, son of US commerce secretary Howard Lutnick, is nearing a roughly $4bn deal with an...

India expecting some kind of conclusion on trade pact review with Asean: Official

Economy
India is expecting to reach some kind of conclusion on the review negotiations of the existing free trade agreement in goods with the...

“Fueling Putin’s war machine”: US Senators say penalise India, China, Brazil with 500% tarriff to deter trade with Russia

Economy
Amid US President Donald Trump call for imposing 100 per cent "secondary tariffs" on Moscow if Russian President Vladimir Putin fails to end...

Retail inflation hits over 6-year low of 2.10% in June; WPI turns negative

Economy
India’s key inflation gauge dropped to pre-pandemic lows on the back of a sharp decline in food inflation, triggering hopes of another rate...

Discussions on for trade pacts with EU, US: Commerce Secretary

Economy
Negotiations for proposed trade agreements with the European Union (EU) and the US are going on, Commerce Secretary Sunil Barthwal said on Monday....

India’s exports still have room to grow even if Trump walks the talk for 10% additional tariff

Economy
Even as India and the United States move closer to concluding a long-anticipated trade agreement, a new report by SBI Research suggests that...

I-T refunds up 6x in 11 years at ₹4.8L crore

Economy
The income-tax department has issued ₹4.76 lakh crore in refunds in FY25, a staggering increase from ₹83,008 crore in FY14, officials said.This 474%...

Income Tax refunds jump 474% since 2013-14, issuance time improves in past 11 years

Economy
Income Tax refunds have jumped 474 per cent in the last 11 years to Rs 4.77 lakh crore in 2024-25, significantly outpacing the...

Trump backs crypto, Pakistan embraces it. How long must India wait?

Economy
A couple of weeks before the Pahalgam attack, something strange happened in Islamabad.Changpeng Zhao, the Chinese-born Canadian businessman and founder of Binance, the...

Small traders get relief as Chhattisgarh government waives VAT dues of up to Rs 25k in old cases

Economy
Small traders can heave a sigh of relief as the Chhattisgarh government has decided to waive VAT dues of up to Rs 25,000...

Major GST reset on the cards? Council mulls scrapping 12% slab, lowering tax on insurance, says report

Economy
The GST Council is set to meet soon for what could be one of the most significant reviews of the Goods and Services...

Centre extends tax exemption to sovereign wealth funds & pension funds for 5 years

Economy
The Centre has extended the tax exemption for sovereign wealth funds (SWFs) and pension funds for another five years, allowing such entities to...

Quality Check: Roads ministry tightens stricter bid rules for highway projects

Economy
NEW DELHI: The roads ministry has tightened the eligibility criteria for bidding for road projects under the hybrid annuity model (HAM) and engineering,...
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