Regulation

India to factor Amazon, Flipkart prices in inflation data for first time

India will start sourcing price data directly from e-commerce giants including Amazon and Walmart-owned Flipkart to overhaul its benchmark inflation gauge, aiming to capture shifting consumption habits and address concerns that current data is outdated, the head of the statistics ministry said.

5 hours ago

India's Online Gaming Bill 2025: Forging bright future for esports and responsible digital gaming

Finally India's Online Gaming Bill, 2025 is more than a regulatory exercise. It is a visionary framework that combines growth with accountability, freedom with responsibility, and innovation with ethics.

3 days ago

States back GST revamp: Panel endorses two-rate structure, eyes October rollout

India's federal government has not quantified the loss to the exchequer due to a lowering of the goods and services tax rates, but a state ministers' panel has endorsed the new rate structure, state ministers said on Thursday.

4 days ago

Govt's 40% GST 'Sin Tax' to make smoking, online gaming more expensive

India's GST 2.0 reform may impose a flat 40% sin tax on cigarettes and online gaming, pushing up consumer costs despite a simplified structure.

7 days ago

'By August 1, most trade deals will be completed': Donald Trump

Trump's additional 25% tariffs 'unfair, unjustified', national interest top priority: India

Trump has signed an executive order imposing an additional 25 per cent tariff on imports from India, citing the country's continued purchase of Russian oil.

18 days ago

Donald Trump announces 25% tariff with penalty on Indian exports from Aug 1; calls India's trade policy "obnoxious"

US president Donald Trump claimed that India's tariffs are among the highest in the world and that the country also has "the most strenuous and obnoxious non-monetary trade barriers" compared to any other nation.

26 days ago

"No UPI, only cash": Bengaluru goes old-school; vendors fear tax notices

According to GST rules, businesses selling goods must register if their yearly sales exceed Rs 40 lakh, while the limit for service businesses is Rs 20 lakh. The department insists that businesses crossing these thresholds must register, disclose their taxable income, and pay GST accordingly.

Jul 17, 2025

Indian stock market opens lower amid weak Asian cues

Crisis of confidence: Global markets wobble amid trade tensions and uncertain policy signals

The world's economic compass is spinning, and only those with vision, adaptability, and resolve will chart a course through these uncertain waters.

Jul 10, 2025

Bengaluru traffic police declared war on us; cops flood city's potholed roads

Rs 10,000 for drunk driving, Rs 1,000 for no helmet; traffic violations to cost dearly in India

The new regulations include increased penalties for traffic violations, with fines for serious offences being raised by up to 10 times. This initiative is a response to the alarming rise in reckless driving, drunk driving, and traffic violations, and reflects the government's zero-tolerance policy towards traffic offenders.

Mar 18, 2025

Hardeep Singh Puri, India's Union Minister for Petroleum and Natural Gas

India passes landmark Oilfields Amendment Bill to boost energy security

"Energy consumption is a strong indicator of economic growth," Puri stated, adding that the bill's passage is a decisive step in India's journey toward energy security and economic resilience.

Mar 12, 2025

Centre sends notice to Ola, Uber over different pricing for iPhone, Android commuters

Minister Joshi said in a post on X social media platform that the Department, through the Central Consumer Protection Authority (CCPA) has issued notices to these cab aggregators.

Jan 23, 2025

Centre notifies new Income-Tax Rules for non-resident cruise ship operators

CBDT amends rules, introduces Presumptive Taxation for non-resident cruise ship operators

The Central Board of Direct Taxes (CBDT) has notified amendments in the Income-Tax Rules. These amendments prescribe conditions for the applicability of a presumptive taxation regime for non-resident cruise ship operators. This development, announced on January 22, 2025, is part of the government's broader strategy to promote investment and employment in the country.

Jan 22, 2025

Aero India Show 2025 in Bengaluru: From airspace closure to non-veg ban, everything you need to know

Bangalore International Airport announces airspace closures from February 5-14, 2025, due to the Aero India Show. Historical precedents of airspace closures highlight the importance of staying informed and adjusting travel plans.

Jan 21, 2025

8th Pay Commission approved for central govt employees; salary, DA hike expected

The Union Cabinet has approved the implementation of the 8th Pay Commission, impacting millions of Central government employees and retirees. The commission, expected to be formed by 2026, will revise pensions and allowances of Central government retirees.

Jan 16, 2025

J&K Bank receives SEBI warning for breaching disclosure regulations [details]

Jammu and Kashmir Bank received an administrative warning from SEBI for non-compliance with disclosure regulations. SEBI has advised the bank to improve its compliance standards to avoid such instances in the future.

Jan 15, 2025

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