BUSINESS
DIPAM builds in-house policy model to guide FY26 disinvestment push
The new framework ties dividend policy, market trends and asset valuation to optimise stake sale decisions in CPSEs
BUSINESS
India seeks concessions on agri products in return for auto tariff cuts in trade deal with US
New Delhi is fast-tracking talks for the trade deal with the US and is hoping to close the first tranche by August-September, according to people aware of the matter.
INDIA
PSUs likely to meet capex target of Rs 3.5 lakh crore in FY26: DIPAM Secretary
Arunish Chawla says CPSEs met capital spending targets in FY25 and are on track for next year as well
BANKS
IDBI Bank sale: Data room access and valuation exercise underway, says DIPAM secretary
The development marks a significant step in the government’s efforts to privatise the lender and achieve its broader disinvestment goals in the current financial year
INDIA
Will suggest mutual fund managers to include PSU stocks in their portfolios: DIPAM
DIPAM Secretary also said the government will nudge private firms to ensure fairer dividends
BUSINESS
NPAs under Mudra loans by PSU banks higher than MFIs and private peers, says DFS Secy
The NPAs under Mudra loan have declined to 2.21% in FY25, including private banks, MFIs and NBFCs. Centre is looking to intensify Mudra lending for sectors such as agriculture and aquaculture in coastal areas, in light of trade challenges.
BUSINESS
India plans to shield dairy sector in US trade deal using WTO-compliant barriers
The government aims to ring-fence sensitive sectors through non-tariff barriers citing food safety and cultural norms
BUSINESS
MSME-dominated sectors brace for fallout of US tariff hike: Bank of Baroda Report
Electronics, garments, machinery and precious stones—key MSME-exporting sectors—may require government support as new US tariffs ripple through global trade
BUSINESS
GoM mulls higher GST thresholds for textiles, footwear to boost consumption: Sources
The GoM may propose GST relief for products priced up to Rs 1,500, aligning with the Union Budget’s focus on boosting demand.
BUSINESS
India retains edge despite Trump tariffs but uncertainty ahead, says former commerce secy
India seems to have an advantage over Asian rivals but until the two countries sign a trade deal, uncertainty is likely to prevail, says Gopal Krishna Pillai
BUSINESS
Reciprocal tariffs could be withdrawn if India-US conclude trade deal: Former CBIC Chairman
For India, the challenge is to ensure a balanced trade agreement that protects its key sectors, including agriculture, micro, small and medium enterprises (MSMEs), and food security.
BUSINESS
Government's dividend receipts surge to Rs 74,016.68 crore in FY25, Coal India and ONGC lead payouts
Coal India, ONGC, Indian Oil among top contributors; total receipts surpass FY24 collections
BUSINESS
MSMEs in Bihar, UP, Odisha, N-E availing more Mudra loans, shows SBI report
The SBI report on ten years of PMMY said that the share of MUDRA loans in Bihar, Uttar Pradesh, Odisha, and the North-east has grown significantly, indicating a more inclusive credit distribution pattern.
BUSINESS
Abolishing Equalisation Levy may cost Centre over Rs 3,000 crore in revenue loss
The removal of the six percent Equalisation Levy on online advertisements from April 1, 2025 is expected to benefit global tech giants, while leading to a significant revenue loss for the government.
BUSINESS
Centre raises Dearness Allowance by 2% for government employees, pensioners
Increase to benefit over 1.15 crore individuals; effective from January 1, 2025
BUSINESS
States are ultimate beneficiaries of cesses: FM Sitharaman
Nirmala Sitharaman refuted states' allegations on cess utilisation.
BUSINESS
Finance Bill, 2025, limits tax scrutiny to undisclosed income in search cases
Now, tax authorities can reassess hitherto undisclosed earnings only, and not income that’s already been declared.
BUSINESS
Presumptive tax will override other taxes for foreign service providers in electronics manufacturing
The presumptive taxation scheme has been established for foreign electronic manufacturers to override other provisions, reducing litigation and compliance burdens for non-resident firms
BUSINESS
Government expects minimal impact of Trump's reciprocal tariffs, higher auto, steel levies
The thinking in the government is that the goods which could be targeted after April 2 are not price sensitive, while the country's auto exports to the US are modest at best
BUSINESS
Finance Bill 2025 removes indirect investment tracking for offshore funds, boosts India's appeal for global fund managers
The Finance Bill 2025 has amended the rules so that only direct investments by Indian residents will be considered within the 5 percent safe harbour threshold.
BUSINESS
India sees room to remove tariffs on US imports of crude oil, diamonds under trade pact
As part of an internal study by the Finance Ministry and NITI Aayog, the government is analysing tariff lines between India and the US to identify areas where the former can lower duties irrespective of domestic capacities. However, this is not related to the April 2 deadline for Trump’s reciprocal plan.
BUSINESS
Your digital footprints will soon be under taxman's scanner
Encrypted WhatsApp messages helped uncover Rs 200 crore in unaccounted money, says Finance Minister
BUSINESS
GoM examining GST cut proposal for farm input items, says FM Sitharaman
Farmers have been demanding that Centre must do away with Goods and Services Tax (GST) on agricultural equipment and inputs, which they feel is a big burden on farmers, and should be waived off to lower the cost of cultivation.
BUSINESS
Centre to finalise 8th Pay Commission terms; cabinet approval likely soon
The finance ministry is waiting for final inputs from key departments before sending the terms of reference for cabinet approval, paving the way for the commission’s formation.
