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Cesses and surcharges continue to grow, estimated at Rs 6.3 lakh crore in FY27
The Centre’s use of cesses and surcharges to supplement its income remains a bone of contention with states, who also advocated against it with the Sixteenth Finance Commission.
US-Israel-Iran war LIVE updates: Indian among 4 injured…
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West Asia crisis: CBIC waives fee for cancellation or amendment of export documents
With several cargo shipments stuck at sea in the backdrop of the West Asia conflict, the government has decided to waive fees for cancellation or amendment of export documents. The Central Board of Indirect Taxes and Customs on Wednesday…
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Crude oil price hike sparks double whammy for tyre companies
The spillover of the Israel-Iran war in West Asia has set off concerns of a double whammy for tyre manufacturers in India, as the spike in crude oil prices is set to make raw materials like synthetic rubber and carbon black expensive for…
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Odisha govt urged to expedite strategic oil reserve project sanctioned 7 yrs ago amid Iran war:…
Amid the Iran war that has slowed down the supply of oil globally, the Indian Strategic Petroleum Reserves (ISPRL) has reportedly urged the Odisha government to expedite the land allotment process for a project that was sanctioned in…
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India relaxes FDI norms for China and neighbouring countries amid expanding trade
The Indian government has eased foreign direct investment (FDI) regulations for all neighbouring countries, including China, in a move that could open up new investment opportunities. The update was announced on March 10, following a…
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Crude impact: The stock markets most sensitive to oil prices
Oil prices play a critical role in global financial markets. From Wall Street to Indian and Asian exchanges, crude oil shocks can influence inflation, investor sentiment and stock market performance.
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‘Doomsday fish’ pair seen near shore in Mexico, woman shares viral video
A beach visit in Cabo San Lucas, Mexico, turned into an extraordinary moment for a woman and her family after they encountered two rare deep-sea oarfish close to the shoreline. The unusual sighting was captured on video and later shared…
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Centre tables second supplementary demand for grant for FY26 with net cash outgo of Rs 2.01 lakh…
The Centre on Tuesday tabled the second supplementary demand for grants for 2025-26, seeking Parliamentary approval for 61 grants, including additional spending of Rs 19,230 crore on fertiliser subsidy.
The total outlay sought in the…
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Noida Airport gets Aerodrome License, to begin commercial flight ops soon
Noida International Airport at Jewar has officially taken a big step forward with the Government of India issuing the much-anticipated Aerodrome License. A delegation from the airport presented the license to Chief Minister Yogi…
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Hormuz blockade: Maersk suspends cargo bookings to and from key Gulf countries
Danish shipping and logistics giant Maersk announced on Monday that it is suspending all cargo bookings to and from key Gulf countries amid escalating tensions in the Middle East and the closure of the Strait of Hormuz.
US-Israel-Iran…
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