Air India reported a wider-than-expected annual loss of over ₹220 billion ($2.4 billion) for FY26, driven by multiple disruptions including a fatal aircraft crash, airspace restrictions, and geopolitical tensions.
Read More
Starting from the assessment year 2026-27, a new mandate will compel taxpayers utilizing the presumptive taxation system to reveal their bank balances and investments. This initiative by the Income-Tax Department aims to curtail potential abuses of the scheme by allowing…
Read More
Amul’s remarkable growth signals a bright future for India’s dairy sector. Recent GST cuts are a game-changer, benefiting farmers and consumers. Value addition and product diversification present significant opportunities. The cooperative model ensures farmers receive a larger share of revenue,…
Read More
The Central Information Commission has urged GST authorities to implement a system for tracking tax evasion complaints. Currently, complainants lack a way to know the progress of their petitions. This opacity breeds suspicion of cases being closed without proper review.…
Read More
The Insolvency and Bankruptcy Board of India’s (IBBI) push to overhaul real estate insolvency through project-wise resolution, tighter regulatory coordination, and stronger disclosure norms has been widely welcomed by legal experts, but concerns remain over execution, interlinkages between projects, and…
Read More
Centre has recommended counting partner level experience and shifting to revenue based eligibility in government consulting tenders; Maharashtra initiates rollout while Gujarat and Rajasthan remain in discussions, sources said.
Read More