Latest News, Updates & Breaking Headlines
NEW DELHI: Taking forward the “reform express” theme, PM Narendra Modi on Tuesday asked his cabinet colleagues to suggest the list of reforms that ministries intend to initiate over the next few months and provide details of the changes they have already introduced. He has asked them to focus on two themes — ease of…
The government currently has no roadmap for mergers among public sector banks, Finance Minister Nirmala Sitharaman said, indicating that consolidation is not under active consideration even as a new banking reform panel is set to review the sector’s future.“I am not familiar with any roadmap…there isn’t one,” Sitharaman said in a media briefing after her…
NEW DELHI: Domestic passenger vehicle (PV) dispatches from companies to dealers rose 13% year-on-year to 4,49,616 units in Jan, with demand remaining robust, owing to GST rate rationalisation and subsequent dip in prices, industry body Society of Indian Automobile Manufacturers (Siam) said on Friday.The sales growth last month was aided by utility vehicles. The segment…
India’s 2026 Baggage Rules: Are UAE Travellers Finally Getting a Fair Deal? India has introduced a major overhaul of its customs baggage rules for 2026, bringing changes that will significantly benefit international travellers, especially UAE residents, Indian expats (NRIs) and tourists of Indian origin flying into the country. These changes come into effect from February…
The Union Budget 2026-27 has announced a series of measures aimed at strengthening India’s export ecosystem by focusing on manufacturing expansion and trade facilitation, commerce secretary Rajesh Agrawal said on Sunday, PTI reported.He said the Budget includes targeted support for both labour-intensive industries and high-technology sectors, while policy steps on logistics and trade facilitation are…
Against the backdrop of global challenges and heightened uncertainty, the Survey has backed reforms, including regulatory entities, and called for “creating a cadre of professionals”, who are adept in regulatory design and implementation, to improve the ease of doing business.“Policy reforms do matter. Process reforms arguably more so. Processes define the interaction between govt and…
Union Budget 2026 is knocking on the door and different sectors have laid out their expectations and demands from the government. According to a report by the State Bank of India, this Budget can be an opportunity for the central government to introduce reforms in taxation, insurance and pension schemes aimed at boosting household savings,…
What can be done for customs reforms. (AI generated image) By Krishan AroraIndia customs has seen several reforms over the years – from tariff rationalization to digitization to simplified procedures & schemes to support domestic Industry. While high tariff rates and duty rate rationalization remains a key industry demand, there is a need for a…
File photo: Union finance minister Nirmala Sitharaman Finance minister Nirmala Sitharaman is set to present her ninth consecutive Union Budget on February 1, with expectations centred on tax reforms, a revamp of the customs duty structure and measures to support economic growth amid heightened geopolitical uncertainty. The Budget is also expected to outline a clear…
