WORLD
US Secretary of State Marco Rubio to visit India 'very soon', says US Ambassador
The visit will be a part of the Quad diplomacy, the Envoy highlighted
BUSINESS
Govt may roll out Corporate Mitra programme by June; nine-month training model under discussion
MCA drafting guidelines after consultations; initiative aimed at creating bookkeeping and compliance support cadre for MSMEs
BUSINESS
Govt likely to expand participation in PM Internship Scheme by professional institutes
CSR-linked funding clause cited as hurdle for statutory professional bodies like ICAI
TECHNOLOGY
AI Summit: Democratising flawed AI models could amplify risks, warns Subbarao Kambhhampati
Correctness must come before ethics and inclusiveness debates, says Arizona State University professor
BUSINESS
AI Summit: Language data gaps limit AI progress beyond dominant languages, says Alice Oh
Researcher flags structural and cost barriers in building inclusive multilingual models
BUSINESS
AI Summit | India AI Mission to focus on applications, datasets, compute infrastructure in next 12 months: CEO
CEO Abhishek Singh says focus will remain on real-world deployments, datasets, and adoption layer; stresses governance and deepfake safeguards
BUSINESS
Business families under scanner: Income Tax dept to send notices over undisclosed overseas assets
The families are based in major business centres such as Ahmedabad, Surat, Chennai, Hyderabad, Bengaluru and Mumbai, and hold foreign assets valued at several thousand crore rupees.
BUSINESS
AI Summit: CEA says AI transition 'will not happen by drift', calls for urgent reforms
Nageswaran says India can lead globally in aligning human labour and machine intelligence
BUSINESS
You have a gift: E-commerce companies to benefit as govt resets rules for courier industry
High-value shipments can now move via courier mode; returns and reverse logistics rules eased. Direct-to-consumer brands, apparel, lifestyle products, electronics, engineering goods and jewellery likely gainers
BUSINESS
EOIs invited for $1-billion next-gen digital customs platform; major IT firms expected to bid
Major domestic IT services players, including Infosys, Tata Consultancy Services, and HCLTech are expected to participate in the bidding process
BUSINESS
FM Sitharaman rebuts states’ divisible pool concerns, highlights higher interest-free capex loans
Finance Minister says only net tax proceeds are shareable; pegs effective capex at Rs 17.1 lakh crore
BUSINESS
Net direct tax collections till February 10 at Rs 19.43 lakh crore, up 9.4% YoY
As compared to the corresponding period of last fiscal year, the net direct tax collections were up 9.4 percent on year.
BUSINESS
Tax dept says there was no attempt to withhold refunds, which declined 17% so far in FY26
Advanced data analytics and AI-driven risk assessment tools are now identifying large volumes of incorrect or fraudulent refund claims that were earlier processed mechanically
BUSINESS
Draft income tax rules: Higher education-linked exemptions to boost old regime’s appeal
Experts say raising allowance exemptions, tilts incentives towards old regime for allowance-heavy salaried employees, though outcomes will depend on individual salary structures
BUSINESS
Tax return filing for AY 2026–27 to continue under Income Tax Act, 1961 forms
Officials said that substantive changes under the new framework—particularly on data sharing and third-party reporting—will take effect only in subsequent years.
BUSINESS
Financial bids from Kotak, Emirates NBD, Fairfax received for IDBI Bank privatisation
The three bidders were allowed to move to the final stage of the process after completing due diligence and clearing the technical bid stage.
BUSINESS
Financial bids received for IDBI Bank privatisation; will be evaluated: DIPAM secy
Offers submitted will be assessed as per prescribed procedure, DIPAM secretary says
BUSINESS
Minimum import price to anchor India’s farm protection in US trade deal
MIP is a govt-notified floor value, below which imports of a particular product cannot be assessed by customs.For.example, if apples are imported at a 55% tariff, and the notified MIP is Rs 80 per kg, customs will calculate duty at Rs 80 per kg.
BUSINESS
Only about 100 IT firms outside safe harbour; CBDT chairman assures APAs within two years for rest
The intent is very clear, no company in the IT, IT-enabled services or KPO space should be left without an avenue for tax certainty, whether through safe harbour or through APAs.
BUSINESS
States’ capex loans to be tied to 'new reforms' in FY27; Centre releases Rs 69,000 crore for FY26
The outlay under the 'tied component' could be Rs 1.2 lakh crore -- of the total Rs 2 lakh crore outlay -- for FY27
BUSINESS
India’s tariff overhaul tackles global optics as trade deals expand: CBIC Chairman, Vivek Chaturvedi
CBIC chairman Vivek Chaturvedi told Moneycontrol in an exclusive interview that tariffisation and exemption clean-up align published rates with actual duties, improve predictability for trade
INDIA
India-US trade deal to benefit all sectors like textile, marine, engineering, says DEA secretary
DEA secretary says textile, marine, engineering sectors to benefit from India-US trade deal
BUSINESS
India-US trade deal ends uncertainty; Govt foresees economic buoyancy and private investment surge
On the details of the deal, Economic Affairs Secretary Anuradha Thakur said that "there is no clarity as of now on the Indian market opening up to U.S. agricultural products."
INDIA
India has room to manage crude imports even if Russian oil supplies shrink
The country's crude import bill could rise by $3-4 billion a year if India loses access to discounted Russian oil, according to Kpler
