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US and China are thwarting India’s shot at $7 trillion solar prize

India’s solar industry is poised for significant growth, potentially rivaling China by the mid-2030s, driven by increasing domestic demand and a desire to compete in export markets. However, the industry faces challenges including rising US tariffs and heavy reliance on…

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Real-money gaming ban may hit payment, regtech businesses hard

India’s ban on real-money gaming is poised to significantly impact the fintech sector, potentially causing a monthly loss of Rs 20,000-30,000 crore in transaction volumes for digital payment companies. Regulatory technology startups providing customer verification services may also see business…

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GDP growth in Q1 projected at 6.7% on strong govt capex, rural demand

India’s economic growth is projected at 6.7% in the first quarter of fiscal year 2026. Strong government spending, rising rural demand, and a robust services sector are key drivers. Construction and agriculture are also expected to contribute significantly. GST reforms…

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US behaving like a bully; China will firmly stand with India: Xu

Ahead of Prime Minister Narendra Modi’s visit, the Chinese envoy Xu Feihong criticizes the US trade policies. Xu calls the US a bully for imposing tariffs. He asserts China will support India against these actions. Both nations should enhance strategic…

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OpenAI to launch first India office in New Delhi this year

OpenAI, which is backed by Microsoft, has been established as a legal entity in India and has begun hiring a local team, the company said. India is a critical market for ChatGPT, where it launched its cheapest yet monthly plan…

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‘Road to peace runs through New Delhi,’ says White House Trade Adviser Navarro

White House Trade Advisor Peter Navarro praised India’s leadership in potentially resolving the Ukraine-Russia conflict, despite criticizing its increased Russian oil imports. He accused India of profiting from discounted Russian crude while undermining American workers and aiding Russia’s war efforts.…

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News

  • Bought a ₹50 lakh LIC policy on ₹4.81 lakh income? Why ITAT rejected the woman’s claim and upheld the tax addition

    A woman who declared ₹4.81 lakh income invested ₹50 lakh in an LIC policy, claiming the money came from her late husband’s HUF. ITAT rejected her explanation for lack of evidence and upheld the ₹50 lakh addition as unexplained investment.

  • CBDT notifies Form 173A for government securities: New tax exemption rules for eligible foreign investors

    CBDT has notified Form 173A for eligible foreign institutional investors and the Bank for International Settlements claiming tax exemption on government securities. The form requires disclosures on holdings, interest income and capital gains.

  • Indian equities vs gold vs US stocks: Which asset class delivered the highest returns in 2026 so far?

    Indian equities fell 6.81% in 2026 so far through September, while US stocks gained 12.75% and gold rose 11.56%, according to Edelweiss Mutual Fund research. Short-term bonds returned 3.57%, while silver and Chinese equities posted losses.

  • One family brand, two heirs: how can you avoid trademark disputes?

    A family trademark is not a separate legal category under India’s trade mark law. For business owners planning succession, the key is to clarify ownership and usage rights before disputes arise.

  • Emergency fund: Earn ₹1 lakh a month? Here’s how much you should save for 6, 9 or 12 months, experts explain

    An emergency fund should cover six, nine or 12 months of essential expenses, depending on job security, family responsibilities and income stability. Home loan EMIs, insurance premiums and school fees should be factored into the savings target.

  • Land dispute lasted 23 years and ended in a ₹1.5 crore payout. Why did ITAT classify it as capital gains?

    A ₹1.5 crore payout after a decades-long land dispute was held taxable as capital gains, not income from other sources, by Ahmedabad ITAT. The ruling clarifies the tax treatment of assigned property rights, but does not make the receipt tax-free.

  • Form 141 TDS filing: What changes for property buyers, tenants and taxpayers under the new Income Tax Act

    Form 141 replaces four TDS forms for property purchases, rent, contractor payments and crypto transfers from 1 April 2026. Here’s what property buyers, tenants and other taxpayers need to know about the new filing process and key compliance changes.

  • DA hike 2026: Will government employees get a festive salary boost after Dussehra? October 21 holds the key

    Will central government employees get a DA hike after Dussehra? The Centre's 21 October Cabinet meeting has raised hopes of a 3% increase, taking dearness allowance from 60% to 63%. Here is what employees and pensioners need to know.

  • LIC Insurance Certificate of Existence: What is it, why is it needed and how can pensioners submit it in 5 simple steps?

    LIC Certificate of Existence: Find out what this life certificate is, why it matters for annuity payments, how eligible LIC annuitants can submit it in five steps, what details it contains and how to check the next due date.

  • Financial assistance: Maharashtra farmers to receive ₹5,000 ‘Diwali bonus’ as relief measure amid drought—All we know

    Amid drought situation in Maharashtra, Chief Minister Devendra Fadnavis announced that the state government will provide advance financial assistance of ₹5,000 directly to affected farmers by Diwali. 

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