Companies

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman speaks during a meeting

GST 2.0 to unleash consumption boost, higher tax revenue, lower inflation

"The average revenue loss could come around Rs 85,000 crore. For FY26, it could be at Rs Rs 45,000 crore. Overall headline revenue loss likely to contained with a concomitant shift in sin goods from 28 per cent slab to 40 per cent slab," the report mentioned.

Aug 20, 2025

Flipkart Seller Summit tied to national MSME push; Prahlad Joshi calls it a platform for self-reliance

Flipkart concluded its 2025 Delhi Seller Summit with over 3,000 entrepreneurs, where Union Minister Prahlad Joshi praised the platform's role in empowering MSMEs and balancing consumer welfare with industry growth.

Aug 19, 2025

Adani Realty most valuable unlisted company on 'Hurun Real Estate List 2025'

Adani Group refutes reports that is has been allotted land by Assam govt

The Adani Group on Monday dismissed reports in a section of the media that it has been allotted land by the Assam government for a cement plant in the state, terming them baseless, false, and misleading.

Aug 18, 2025

'Diwali Gift' GST Reforms Touted as Big Step in Tax Efficiency

'Diwali Gift' GST reforms termed as big step in tax efficiency by CII

CII also applauded the heightened focus on strategic sectors, the push for Made-in-India semiconductor chips by year-end underscores India's emergence in global tech manufacturing, while the Sudarshan Chakra Mission, energy self-reliance, and space capabilities, including the plan for an indigenous space station, signal a transformative leap in indigenous innovation.

Aug 16, 2025

India's Domestic Battery Revolution Is Creating a More Resilient and Forward-Looking Economy

The battery industry in India has the potential to continue to promote much needed economic diversification as well as create a more resilient development strategy

Aug 16, 2025

Sensex, Nifty open lower amid uncertainty around Trump tariffs

Sensex, Nifty end 1 pc higher this week despite tariff concerns

Investors are now focused on the US President Donald Trump and his Russian counterpart Vladimir Putin's meeting in Alaska, in hopes that it may result in a Russia-Ukraine ceasefire and the lifting of the additional 25 per cent tariff on India.

Aug 15, 2025

Peace returning to Manipur, 7,000 houses approved: FM Nirmala Sitharaman in Rajya Sabha

New I-T Bill: No ITR filing exemptions for small taxpayers, late filers can claim refunds

The new I-T Bill kept section 433 intact, which required that 'every claim for refund under this part shall be made by furnishing a return as per section 263'. So, effectively, the law still requires a return of income to claim a refund, with no alternative methods allowed.

Aug 12, 2025

Pahalgam terror attack: Nirmala Sitharaman cuts short US-Peru visit

FM Sitharaman tables revised Income Tax Bill in Parliament to improve fairness, clarity

Tabling the bill in Lok Sabha, FM Sitharaman said that suggestions have been received which are required to be incorporated to convey the correct legislative meaning. "There are corrections in the nature of drafting, alignment of phrases, consequential changes and cross-referencing," she said, adding that the earlier Bill was pulled back to avoid confusion.

Aug 11, 2025

7 of top ten largest firms lose Rs 1.36 lakh crore in last week

Markets fell for the sixth straight week following US President Donald Trump's unexpected announcement of a 50 per cent tariff on Indian goods. The Nifty and Sensex fell by nearly one per cent, closing at 24,363 and 79,857, respectively.

Aug 10, 2025

ITR-5 Excel Utility Goes Live for Eligible Non-Individual Taxpayers

The updated form includes sections for MSME registration, startup deductions under Section 80-IAC, and expanded reporting for virtual digital assets. Buyback losses can now be reported only if related dividends were taxed. The filing deadline for non-audit cases is September 15, with verification required within 30 days. The utility covers detailed financial disclosures and income schedules, with matching Form 26AS tax credits mandatory. Excel utilities for ITR-1 to ITR-4, ITR-2, and ITR-3 have already been released.

Aug 9, 2025

RBI pegs India's CPI inflation at 3.1 pc for FY26 amid strong monsoon, healthy kharif sowing

RBI Governor Sanjay Malhotra said, "The inflation outlook for 2025-26 has become more benign than expected in June. Large favourable base effects combined with steady progress of the southwest monsoon, healthy kharif sowing, adequate reservoir levels and comfortable buffer stocks of foodgrains have contributed to this moderation."

Aug 6, 2025

Solizo Vitrified Accelerates Expansion with High-Demand Tile Innovations

We're excited to introduce this line to architects and developers who value finesse and function in equal measure.

Aug 5, 2025

Apple smashes Q3 estimates with $94B revenue; iPhone and services lead rally

Apple's Q3 FY25 results show a company in command of its core business while carefully positioning itself for the future. The narrative is clear: while the iPhone remains king, services are quickly becoming the kingdom.

Aug 1, 2025

Adani Realty most valuable unlisted company on 'Hurun Real Estate List 2025'

The report said that India's top real estate firms are valued at Rs 16 lakh crore or $188 billion, up by Rs 1.9 lakh crore. Their total value grew by only 14 per cent, a sharp drop from last year's 70 per cent growth and the lowest on record for the list.

Jul 31, 2025

Adani's Ambuja Cements clocks 24 pc net profit growth at Rs 970 crore in Q1, revenue up 23 pc

Adani's Ambuja Cements clocks 24% net profit growth at Rs 970 crore in Q1, revenue up 23%

Ambuja Cements is currently the 9th largest building materials solutions company globally. By blending business reimagination, future-ready technologies, ESG focus and deep community engagements, Ambuja Cements is redefining scale and impact in the cement industry.