The Goods and Services Tax Appellate Tribunal has ordered instant noodle maker CG Foods to deposit over ₹90 lakh into the Consumer Welfare Fund. The tribunal found the company profiteered by not passing on a GST rate cut benefit to…
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The move follows after the Delhi High Court in a judgement flagged procedural issues. Until the Supreme Court provides clarity, NFRA’s internal position is to resolve the legal issues conclusively before resuming the issuance of fresh disciplinary orders.
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Adani Energy Solutions has secured undisclosed long-term financing from a consortium of Japanese banks, led by MUFG Bank and SMBC, for its 950-km HVDC transmission project. This green loan will fund the 6,000 MW link connecting Rajasthan and Uttar Pradesh,…
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India’s economy is set for strong growth, projected at 6.4% by Moody’s for fiscal 2026-27. This makes it the fastest among G-20 nations. Steady domestic demand and investment will drive this expansion. Financial stability and credit demand are expected to…
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India and the US have announced an interim trade framework. Government officials clarify that a projected $500 billion in purchases from the US is an intention, not a binding commitment. India’s strategic autonomy in energy sourcing and protection for its…
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EY Global has promoted two senior partners from its India practice to key international leadership positions. Ram Sarvepalli and Ajay Arora will now lead global client service and M&A transactions respectively. These appointments underscore the increasing importance of EY India…
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