Indian exporters are bracing for disruptions as the U.S. is set to impose a 25% tariff on Indian goods, potentially raising duties up to 50%. This action follows President Trump’s response to India’s increased Russian oil purchases. The government plans…
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US President Donald Trump has claimed the United States holds overwhelming leverage over China in their trade dispute, even suggesting that if used, it could “destroy” the Chinese economy. Speaking before talks with South Korean President Lee Jae Myung, Trump…
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Eternal, owner of Zomato and Blinkit, has received three GST orders from Bengaluru authorities, demanding over Rs 40 crore for July 2017–March 2020. The amount includes tax, interest, and penalty. Eternal plans to appeal, stating confidence in its legal position,…
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The Income Tax department is actively developing simplified I-T forms and aims to finalize new rules by December 2025 to align with the Income-tax Act, 2025, effective from April 1, 2026. The CBDT is streamlining language, removing redundancies, and collaborating…
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Large FMCG firms are set to aggressively compete with smaller regional players after recent market share losses. Moderating commodity prices enable them to lower product prices and regain business. Companies like Britannia, Marico, and HUL are implementing strategies such as…
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The United States has announced a sharp increase in tariffs on Indian imports, doubling duties to 50 per cent from August 27. The move is aimed at pressuring India over its continued purchase of Russian oil as Washington pushes for…
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