New Income Tax Rules 2026 (AI image) New Income Tax Rules 2026: The Income Tax Department on Saturday released the draft Income-tax Rules, 2026. These new rules will become effective from April 1, 2026, that is the start of the financial year 2026-27. There are several changes aimed at simplification in tax filing and ease…
India and Russia continue to share a strong bilateral relationship built on trust and mutual respect, with Moscow open to cooperation with all countries willing to engage constructively, Russian Consul General Ivan Fetisov said on Saturday.Speaking to PTI Videos on the sidelines of the International Business Conclave at Advantage Vidarbha 2026 in Nagpur, Fetisov said…
India-China trade is unlikely to be influenced by external geopolitical or economic developments, as both countries are large economies that support multilateralism and global trade frameworks, China’s Consul General in Mumbai Qin Jie said on Saturday.Speaking to PTI on the sidelines of the International Business Conclave at Advantage Vidarbha 2026 in Nagpur, the diplomat said…
India Semiconductor Mission (ISM) 2.0 will prioritise building domestic chip design capabilities, strengthening the semiconductor ecosystem and expanding the talent base, Union Minister Ashwini Vaishnaw said on Saturday, outlining the government’s next phase strategy for the sector.Speaking at a Qualcomm event in Bengaluru, Vaishnaw said the upcoming phase of the programme will place design-led growth…
Union Commerce and industry minister Piyush Goyal said India’s approach to information and communication technology (ICT) product access is focused on safeguarding domestic interests while ensuring the country secures critical technologies needed for economic and national security priorities.Speaking in Delhi, Goyal said policy direction in the sector is aimed at protecting India from countries that…
India and the United States have agreed on a framework for an interim trade agreement that outlines tariff cuts, preferential market access and sector-specific commitments, while preserving protections for sensitive areas such as agriculture and dairy. The framework, announced jointly on Saturday, is intended to pave the way for a broader Bilateral Trade Agreement (BTA).According…
The newly announced interim trade deal between India and the United States lays out a roadmap to deepen collaboration on the digital trade and technology front. The two nations released a joint statement on Saturday, announcing details of the interim trade agreement. “The US and India are pleased to announce that they have reached a…
NEW DELHI: Commerce minister Piyush Goyal on Saturday assured that the India-US trade deal framework will not harm Indian farmers, MSMEs, artisans, or craftsmen, and said their interests remain fully protected.“I can say with absolute certainty that the farmers, MSMEs, artisans, and craftsmen of India will not suffer any kind of loss,” Goyal said in…
State Bank of India (SBI) reported a 24% year-on-year record (all-time high) standalone net profit of Rs 21,028 crore for the December quarter of FY26, reflecting steady growth in core income and recovery trends.On a consolidated basis, the state-owned lender posted a 13.06 per cent rise in profit to Rs 21,317 crore during the quarter,…
India-US trade deal (AI image) India-US trade deal: Commerce Minister Piyush Goyal on Saturday said that the India-US trade agreement will provide a boost to exports, especially given the competitive 18% tariff rate that has been agreed on. Goyal’s statement comes after India and the US issued a joint statement on the trade agreement which…
