Markets & Finance
CBDT ‘Nudge’ drive: 1.25 crore updated ITRs, Rs 9,494 cr extra tax
CBDT's Nudge campaign yielded 1.25 crore updated income tax returns and Rs 9,494 crore in additional tax, urging taxpayers to review foreign…
Markets & Finance News
Markets & Finance
India targets 874 GW power capacity by 2031-32
India's installed power capacity is likely to reach 874 GW by 2031-32, with thermal, hydro, nuclear and renewable expansion plus large-scale energy…
Markets & Finance
FSSAI cracks down on liquor makers over flavour, label violations
FSSAI barred sale of McDowell's No 1 Rum, Antiquity Blue and Old Monk variants for non-permitted flavours and misleading age claims, issuing…
Markets & Finance
Explainer: what MDR on UPI would mean for users and merchants
The Centre will reimpose 0.4% MDR on UPI merchant payments above Rs 2,000 from October 15, borne by merchants and capped at…
Markets & Finance
India on track for $5.1 trillion GDP by FY29, says Sitharaman
India is on track to become a $5.1 trillion economy by FY29, Sitharaman told the Rajya Sabha, citing IMF projections and outlining…
Markets & Finance
PM Surya Ghar crosses 5 million rooftop solar installations
PM Surya Ghar: Muft Bijli Yojana crossed 50.06 lakh rooftop solar installations with 14.8 GW commissioned. Nearly 19 lakh households now get…
Markets & Finance
India to seal investment treaties with 3 nations, Russia in talks
India is on track to finalize bilateral investment protection treaties with at least three countries, including Russia, by December, Sitharaman said, with…
Markets & Finance
FinMin tells banks: lend via UPI, go fully digital on loans
Financial Services Secretary Sanjay Lohiya told banks to offer working capital loans via UPI credit lines and the micro-enterprise credit card scheme,…
Markets & Finance
Sensex jumps 685 points, Nifty reclaims 22,700
Sensex surged 685 points to 73,067.81 and Nifty gained 220 points to 22,776.10 on Tuesday, extending the market recovery for a second…
Markets & Finance
RBI to announce October policy decision today
RBI's MPC announces its October policy decision today. Most economists expect a 25 bps hike to 5.50%, the first since February 2023.