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India Inc. hails PM Modi’s call to empower youth, bolster MSMEs

The country’s apex business chamber, the Confederation of Indian industry (CII), on Friday hailed Prime Minister Narendra Modi’s Independence Day call for empowering India’s youth, strengthening MSMEs and accelerating the ‘Atmanirbhar Bharat’ mission.

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FinMin proposes 2-tier GST structure, special rates on select items; Council meet likely in Sept

The finance ministry has proposed a two-slab GST rate structure to the GoM, aiming to reduce the tax burden on daily-use items. This “next generation” GST reform seeks to simplify the tax system with standard and merit rates, along with…

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Independence Day 2025: PM Modi Promises “Double Diwali” for India Inc with Next-Gen GST Reforms, Flags Atmanirbhar Bharat Push

​​In an apparent reference to Trump-era tariffs, Modi underscored India’s stand on safeguarding farmers’ interests in international trade. “India will not compromise on the interests of our farmers. We will not accept any policy that harms them.”

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Bisleri will always remain a privately-held firm, says VC Jayanti Chauhan

Jayanti Chauhan, vice-chairperson of Bisleri International, affirms the company will remain private, dismissing any IPO or stake sale. Bisleri is set to ramp up investments in manufacturing, distribution, and product development, allocating ₹600 crore this year. Chauhan also urges government…

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No pause on Russian oil imports, India continues imports based on economic rationale

While discounts had previously reached as high as $40 per barrel, they have narrowed to just $ 1.5 late last month, resulting in reduced offtake. Discounts have since widened to about $2.70.

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Abhijit Kishore appointed as Vodafone Idea CEO for three years

Kishore will take office from August 19, for a period of three years, Vi said in an exchange filing.

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  • Gold, silver prices today, 21 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 21 October: Check the latest 24K and 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities. Also, track MCX gold and silver futures, key market movements, and factors influencing precious metal prices.

  • SIFs vs mutual funds performance in 2026: Equity and hybrid scheme returns, risks compared — what investors need to know

    SIFs offer long-short strategies that traditional mutual funds generally cannot. A study compares their downside protection, market recovery, and year-to-date returns, with equity long-short SIFs down 1.8% versus 6.9% for large-cap funds. Here's what investors need to know. 

  • Finance Ministry exempts interest on NDB's Maharaja Bonds from TDS: What changes for resident investors and FIIs?

    The Ministry of Finance has exempted interest payments on the New Development Bank’s Maharaja INR Bonds from TDS for eligible resident investors and foreign institutional investors from the tax year 2026-27.

  • Small-cap mutual funds: Should you pick funds with high index overlap? What one-year returns show

    Small-cap mutual funds with higher benchmark overlap did not necessarily deliver better returns. Value Research data shows one-year returns ranging from -0.1% to 29.1% across 10 schemes, highlighting why investors should look beyond portfolio overlap when choosing funds.

  • 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.

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