Over the last few weeks, China has imposed export restrictions on rare earth magnets for which it holds a monopoly, in both supply and processing
Saifco has an integrated plant Srinagar and is manufacturing OPC with a clinker capacity of 0.26 MnTPA and a grinding capacity of 0.42 MnTPA
The government constituted the 16th Finance Commission, chaired by Niti Aayog V-C Arvind Panagariya on December 31, 2023, who will submit its report to the President by October 31, 2025
Starting January 1, 2026, Delhi-NCR will prohibit petrol and diesel vehicles from joining cab aggregator, delivery, and e-commerce fleets, as announced by CAQM. This directive targets light commercial vehicles and two-wheelers, pushing ...more
The Centre has increased financial thresholds for scientific equipment procurement by research institutions, as per revised General Financial Rules. Vice-chancellors and directors can now directly procure instruments up to Rs 2 lakh, wh ...more
Rabi Shankar joined RBI in 1990 and has worked in various capacities until he assumed the Office of Deputy Governor in May 2021
India's agricultural sector has undergone a significant transformation in the last 11 years, driven by increased budgetary support and policy focus. The government reports substantial growth in foodgrain output, rising MSP for key crops ...more
Economist S Mahendra Dev assumes the role of Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), filling the vacancy since November. The council has been reconstituted for two years, retaining full-time members and ...more
The transformation has focused on inclusivity by supporting small farmers, women-led groups and allied sectors while positioning India as a global agricultural leader, according to an official statement
Addressing allegations of financial fraud and being labeled a "thief," Mallya acknowledged his status as a "fugitive" due to his absence from India since 2016.
Starting July 2025, the GSTN will make the GSTR-3B form non-editable to enhance consistency and reduce revenue leakages. Taxpayers must use GSTR-1A to amend outward supplies before filing GSTR-3B. This shift requires businesses to ensur ...more
The Perssons are now within striking distance of full control of the retailer, which in recent years has been losing ground among shoppers to its main rival Zara and “ultra-fast fashion” upstarts like Shein
Starting July 2025, the GST Network will time-bar GST returns after three years from the due date, impacting filings like GSTR-1 and GSTR-3B. Implemented from August 2025, this measure, stemming from the Finance Act, 2023, aims to impro ...more
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