1763830450 unnamed file.jpg

Only 6 of 46 Indian EVs qualify for govt benefits as China-driven component imports dominate supply chain

NEW DELHI: The China factor weighs heavily on India’s emerging electric car market as the domestic supply chain for the green cars is still inadequate in key areas such as batteries, semiconductors and magnets.Consider this: of the 46 EV car models sold in the country, only six have been found eligible for benefits under the…

Read More
1763747603 unnamed file.jpg

Data blackout: US scraps October CPI report after govt shutdown; Fed left without key data ahead of policy meet

The US government will not publish consumer inflation data for October after a 43-day federal shutdown disrupted data collection, intensifying uncertainty ahead of the Federal Reserve’s December policy meeting.The Bureau of Labor Statistics (BLS) said it “is unable to retroactively collect” consumer price data for October and will not release the report originally scheduled for…

Read More
1763744404 unnamed file.jpg

Labour reform flashpoint: Govt says codes expand rights and social security; unions call move ‘deceptive fraud’ | India News

A joint platform of ten central trade unions on Friday criticised the government’s notification of the four labour codes, calling the move “a deceptive fraud committed against the working people of the nation” and announcing a nationwide day of protest on November 26. The unions allege that the implementation, effective from November 21, is unilateral…

Read More
1763589888 representative image.jpg

‘Unconstitutional’: SC strikes down Tribunal Act, slams govt | India News

NEW DELHI: Supreme Court struck down Wednesday the Tribunal Reforms Act as unconstitutional and slammed the central govt for its repeated attempts to override SC’s consistent rulings to shield the judicial independence of tribunals, which decide disputes in a gamut of regimes – taxation, environment, electricity, telecom and real estate. Days before his retirement, a…

Read More
1763492079 representative image.jpg

PMGKAY cleanup: Govt excludes 2 cr ineligible beneficiaries, introduces AI feedback system | India News

NEW DELHI: Over two crore ineligible beneficiaries have been weeded out from free foodgrain scheme PMGKAY in the past four to five months while new eligible people are being included in the programme. Simultaneously, the govt on Tuesday launched an online platform that allows beneficiaries to share their feedback on ration distribution through AI-enabled calls…

Read More
1763470569 unnamed file.jpg

Textile expansion: Govt okays 17 firms under PLI scheme; new projects eye Rs 12,893 crore sales lift

The government has approved 17 additional applicants under the Production Linked Incentive (PLI) Scheme for textiles in the third selection round, a move the Textile Ministry said will strengthen domestic manufacturing and improve India’s competitiveness in man-made fibre (MMF) apparel, MMF fabrics and technical textiles.According to the ministry, the newly approved companies have committed investments…

Read More
1763464787 unnamed file.jpg

ITR rule update: Govt to notify new IT forms by January 2026; refunds face checks – why CBDT expects a December bounce

CBDT Chairman Ravi Agrawal has said that the government will notify the new income tax return forms and rules under the simplified Income Tax Act, 2025, by January 2026, giving taxpayers sufficient preparation time before the law comes into effect on April 1,. Speaking at the inauguration of a taxpayers’ lounge at the India International…

Read More
1763464787 unnamed file.jpg

ITR rule update: Govt to notify new IT forms by January 2026; refunds face checks – why CBDT expects a December bounce

CBDT Chairman Ravi Agrawal has said that the government will notify the new income tax return forms and rules under the simplified Income Tax Act, 2025, by January 2026, giving taxpayers sufficient preparation time before the law comes into effect on April 1,. Speaking at the inauguration of a taxpayers’ lounge at the India International…

Read More