India's Tax Reforms: Simplification vs. Evasion Risks
India's draft income tax rules aim to simplify filing but raise concerns about easing PAN requirements, potentially widening the tax evasion gap in a country with low direct tax collections.
India's draft income tax rules aim to simplify filing but raise concerns about easing PAN requirements, potentially widening the tax evasion gap in a country with low direct tax collections.
The Reserve Bank of India is conducting Financial Literacy Week 2026 from February 9 to 13, with a theme centered on KYC as a key safeguard against digital fraud and misuse of bank accounts.
The United States has updated its fact sheet on the historic trade agreement with India, removing references to pulses and changing the language regarding a $500 billion procurement commitment from 'committed' to 'intend'.
Indian stock market benchmarks Sensex and Nifty 50 are poised for a positive opening on Wednesday, extending their three-day rally. Analysts predict potential resistance at 84,500 for Sensex and 26,000 for Nifty, with key support levels identified.
From courtroom dramas to gender bias, Indian family businesses face complex succession disputes. A PwC survey reveals 52% cite senior generation resistance as a key hurdle, highlighting emotional and structural conflicts in passing the baton.
Indian equity markets are expected to open on a flat to mildly positive note today, supported by strong global cues and positive FII flows. Key stocks to watch include M&M, Titan, and Grasim Industries as companies announce Q3 results.
Indian benchmark indices Sensex and Nifty 50 are expected to open higher on Wednesday, extending their rally for the fourth session. Asian markets trade positively, while Wall Street ended mixed overnight, with the Dow Jones hitting a record close.
Explore the inspiring journey of Conrad Hilton, founder of Hilton Hotels, who built a global empire through optimism, discipline, and relentless action during economic hardships like the Great Depression.
Flexible Intermediate Bulk Container manufacturers in Madhya Pradesh are receiving fresh orders from US buyers after reciprocal tariffs were reduced to 18%, ending an 8-month export disruption.
India's January retail auto sales grew 18% year-on-year to 2.72 million units, with strong two-wheeler demand in rural areas easing concerns about uneven post-pandemic recovery.
In a landmark move, cargo for Assam's inaugural semiconductor manufacturing facility is being transported through Bangladesh's inland waterways, enhancing regional connectivity and trade efficiency.
Google's parent company Alphabet has secured nearly $32 billion in debt within 24 hours, setting new records in sterling and Swiss franc corporate bond markets to fund its massive AI investments.
Central Public Sector Enterprises under the power ministry have invested Rs 20,441 crore in Himachal Pradesh through corporate social responsibility programs over the last three financial years, with SJVNL leading contributions.
Allocation of automobile stalls for Ujjain's Vikramotsav fair nears completion, with over 90% booked. A 50% lifetime motor vehicle tax exemption drives strong dealer and buyer interest, following last year's 36,000+ vehicle sales.
MSCI's February 2026 index review adds Aditya Birla Capital and L&T Finance to the Global Standard Index, removes IRCTC. India's weight stays at 14.1%, with inflows and outflows estimated in millions.
Commerce Secretary Rajesh Agrawal announces India and the European Union are working on an accelerated timeline to make their Free Trade Agreement fully operational within the next year, boosting bilateral trade.
The cryptocurrency market is experiencing its coldest winter yet, with Bitcoin dropping from $124,000 to $70,000 and total market value falling by over $2 trillion. Unlike previous downturns, crypto investors now face isolation as other asset classes thri
The reversion to the Old Pension Scheme by Himachal Pradesh, Punjab, Rajasthan, Chhattisgarh, and Jharkhand is projected to create unsustainable fiscal liabilities, with pension payouts exceeding NPS contributions within the next decade.
Tamil Nadu's Industries Minister T R B Raaja projects state electronics exports to exceed $18 billion this year, with a long-term vision to become a global R&D hub for the electronics industry.
The Tea Board of India has mandated quality testing for all tea import consignments starting May 1, 2024, to curb rampant imports and ensure adherence to standards. This move follows record imports of 39 million KG in 2025 and aims to protect domestic gro
Western Railway's Gandhidham division has introduced stainless steel container wagons to transport industrial salt, enabling faster loading/unloading and reducing contamination.
Gold and silver prices edged higher on Wednesday, recovering from Tuesday's decline, as market participants anticipate potential US Federal Reserve rate cuts. Spot gold traded at $5,065 per ounce, while silver surged 1.16% to $81.32.
A significant fire erupted at a chemical factory in Isanpur, Ahmedabad, on Sunday. Eight fire tenders battled the blaze for over two hours, successfully preventing its spread. No injuries were reported as the facility was largely unoccupied.
Uttar Pradesh demonstrates strong performance in MeitY's SAMRIDH startup accelerator scheme, with 27 startups receiving Rs 9.91 crore funding through selected accelerators.
NeoTrader co-founder Raja Venkatraman shares his exclusive stock recommendations for February 11, including Campus Activewear, Max Financial Services, and HCL Technologies, with detailed analysis and technical levels.
MarketSmith India recommends TD Power Systems and FSN E-Commerce Ventures as top buys for February 11. Indian markets closed higher with Nifty at 25,935, supported by auto and IT sectors amid positive sentiment.
Unusually mild winters in north and west India have led to muted sales for apparel retailers, impacting their crucial winter revenue. Executives from V-Mart, Vishal Mega Mart, and V2 Retail discuss strategies and climate challenges.
In Q3 FY26, retail investors reduced direct stakes in 52% of BSE-listed companies, the sharpest pullback in over a year. However, mutual fund inflows via SIPs continue to support markets, indicating a strategic shift rather than an equity exit.
Hero MotoCorp reports a 21% revenue surge in Q3FY26, with margins expanding to 14.68%. The company is focusing on premium segments, EVs, and exports to drive future growth, aiming to outperform industry forecasts.
India's economy is projected to grow at 7.2% in 2026-27, driven by strong domestic demand and manufacturing. However, global uncertainties and inflation remain key challenges.