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The picture is used for representational functions solely. | Photo Credit: Getty Images/iStockphoto Gross Goods and Services Tax (GST) collections rose 16.4% to over ₹2.01 lakh crore in May, as per authorities information launched on Sunday (June 1, 2025). This comes after a file excessive GST assortment in April, when the revenues touched an all-time […]
Representative picture (Picture credit score: AP) NEW DELHI: Doubling of import responsibility on steel and aluminium by the Trump administration will dent export demand, with companies having to scout for different markets.Several US importers have gone sluggish on contemporary orders as prices went up considerably after the imposition of 25 per cent responsibility, though India
The story up to now:On April 9, the Reserve Bank of India (RBI) launched draft instructions on loans in opposition to gold collateral with the goal to harmonise the regulatory framework throughout regulated entities (banks and Non-Banking Financial Companies (NBFC)) and deal with variations in lending practices. What was the response to the proposals? Tamil
The case considerations an alleged violation of Novo Nordisk’s patent on its diabetes medicine, semaglutide. | Photo Credit: Hollie Adams Dr. Reddy’s Laboratories Ltd. (DRL) and OneSource Specialty Pharma have given an endeavor on the Delhi High Court that they may neither sell nor market their model of an anti-obesity drug in India pending the
According to Pankaj Chadha, chairman of EEPC India, annual exports of metal, aluminium and merchandise are value virtually $5 billion. | Photo Credit: Julia Demaree Nikhinson India’s exports of metal and aluminium and their merchandise are anticipated to take $1 billion hit with the proposed contemporary tariff hikes by the U.S.. The proposed tariff is
NEW DELHI: Foreign portfolio investments in Indian markets reached record ranges in May 2025, as confirmed by National Securities Depository Ltd (NSDL) statistics, quoted by ANI. The month recorded web FPI inflows of Rs 19,860 crore, establishing May because the strongest month for overseas investments in 2025.The interval from May 26 to May 30 noticed
VIENNA: Saudi Arabia, Russia and 6 different key OPEC+ members introduced on Saturday an enormous increase in crude production for July.They will produce a further 411,000 barrels a day — the identical goal set for May after which June — in line with an announcement, which is greater than 3 times higher than the group
Representational picture solely. File | Photo Credit: Reuters “U.S. President Donald Trump’s announcement to double tariffs on imported steel and aluminium will impact Indian exporters, as it would hurt their profitability,” suppose tank Global Trade Research Initiative (GTRI) mentioned on Saturday (May 31, 2025.) On May 30, Mr. Trump introduced that he would double the
