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Top Stories



5% GST on food items: A tax leakage measure or an unnecessary inflation burden?
The GST levy has come under fire with some sections of the businesses fearing
that this will add to already high food inflation and may hit the pocket..




HC stays guidelines prohibiting levying of service charge by restaurants
Delhi High Court prohibits hotels and restaurants from levying service charge
automatically on food bills.




India's economic recovery falters as high prices start to bite
India's rupee fell past 80 to a dollar as foreign investors pulled out money
amid monetary policy tightening by the Federal Reserve. A declining curr..




Tribunal grants relief to two Adani Group companies in DRI case
The tribunal observed that the department's case pertaining to alleged
over-valuation is based on certain documents received from the UAE branches of
..




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chair's brief attempts to proceed with the question hour and zero hou..




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virtually on Wednesday, Puri said the plans to unlock value for the hotel ..




Volume drops point to stress, inflation making it worse, says HUL MD Sanjiv
Mehta
The HUL MD said increases in interest rates are inevitable if the US Federal
Reserve raises the cost of borrowing in the world's biggest economy, and ..






Reserve Bank implementing central digital currency in phases: RBI executive
director Ajay Kumar Choudhary
Choudhary said RBI has fostered innovation and it is keeping a close eye on the
benefits and risks associated with innovative products and services of..




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In addition to a series of petitions addressed to the ministry of electronics
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Back to the drawing board: WTO reform requires a reassessment of its
fundamentals
Using the momentum garnered at MC12, the WTO must urgently deliver on
institutional reforms. By going back to the drawing board, Members must
reassess..


 

Tax



India cuts windfall taxes on fuel exports as global prices fall
New Delhi reduced the windfall tax on diesel and aviation fuel shipments by Rs 2
a liter, and scrapped completely a Rs 6-per-liter levy on gasoline ex..


 

Industry



Higher customs duty to hit gold jewellery demand this fiscal: Report
According to the report, the customs duty hike is likely to lead to higher gold
prices for end consumers and may curtail demand in terms of volume, wh..


 

Corporate



Air India VRS: 4,500 opt for scheme by the new management
Air India had announced the VRS for permanent employees of Air India in June and
relaxed the age eligibility criteria to 40 from 55. In addition, the ..


 

Economy



With $87 billion, India top remittance recipient in 2021: UN report
With $87 billion, India was the top remittance recipient among low- and
middle-income countries, as per 2021 estimates, way ahead of China and Mexico'..

 

 





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