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In June 2023, the ministry of corporate affairs ordered an investigation against Hero MotoCorp to look into allegations of fund diversion and corporate governance violations
The Hoysala dynasty's architectural wonders, beyond those in Belur, Halebid and Somnathpur, face neglect and theft. Despite being listed as ‘protected’, many lesser-known sites remain vulnerable. Experts stress the need for wider preservation efforts beyond the iconic landmarks
Higher tariffs on Chinese goods may lead to an influx of cheaper Chinese imports into India, which could disrupt Indian businesses.
Amid recent market fluctuations, Economic Affairs Secretary Ajay Seth reaffirmed the government's commitment to uniform tax treatment across asset classes.
Only half of India’s 36 states and union territories have initiated smart meter installations so far. A government official said smart meters being a new concept, there were delays in issue of tenders and establishment of direct debit facility.
The declarations came as part of the Central Board of Direct Taxes’ (CBDT) Compliance-Cum-Awareness Campaign, aimed at encouraging voluntary disclosures of offshore wealth and income.
Slowing bank credit growth, sustained FII outflows, and elevation valuations of Indian equities add to the cautious outlook. As investor sentiment weakens, household spending patterns could shift, affecting demand across key sectors in FY26, say economists.
Tax officials can access communication platforms like emails, WhatsAapp and Telegram if they have a reason to believe that a person has concealed cryptocurrency or other taxable income.
Crackdown on financial misconduct intensifies as SFIO investigates fund diversion, regulatory breaches in companies with Chinese investment.
Prime Minister Narendra Modi calls for focus on export opportunities, R&D and modernisation to give a boost to the manufacturing sector
The government plans to update its model Bilateral Investment Treaty framework to attract foreign investments while safeguarding regulatory interests
V Anantha Nageswaran has said it is vital for India to sustain growth over the next few years as the world economy faces pressure
These efforts come amid plans to bring down the overall debt-to-GDP ratio of the Centre and states by improving the quality of expenditure and by tempering Centre’s borrowings from the market. Meanwhile, several Indian states are increasing their expenditure on subsidies and welfare schemes, potentially at the expense of capital expenditure.
The western region, which includes Mumbai and Pune, have the highest number of the pending cases
"Some progress was made by the 15th Finance Commission, and hopefully, we will try and make more progress. It is a recognised problem."
The growth rate needed for per capita income growth is 7.3 percent to achieve $14,000 by 2047. With India’s per capita income in 2023-24 standing at $2,570, Panagariya emphasised that there is substantial room for further increase.
The move signals a broader effort to enhance the collection, processing, and management of statistics for improved fiscal transparency and governance.
Tuhin Kanta Pandey, a seasoned bureaucrat, takes over as SEBI Chairperson, succeeding Madhabi Puri Buch.
The share of investment in GDP slowed marginally to 33.4 percent in 2024-25 so far.
This will be the first time in more than three years when the government will not impose such a mandate on domestic coal based power plants. The coal ministry has enough stock for power plants
In February 25 edition of Moneycontrol Pro Panorama: Gold stocks rise, economic momentum across major nations fade, the stock market fall is not over yet, exporting skills will fetch India forex, and more
In the past, court rulings have stalled privatisation efforts despite the PSU’s return to profitability.
The bilateral trade deal is expected to protect agriculture, textiles, aluminium and steel industries from ‘reciprocal’ tariffs threatened by Donald Trump
Government has been employing AI to analyse vast data sets, detect anomalies, and flag potential cases of tax evasion. AI-driven systems have been used to scrutinise GST registrations and prevent fraudulent claims for input tax credits.
Nilekani envisions integrating AI into railway’s modernisation efforts to improve safety, prevent accidents, and ensure a more secure travel for passengers across the extensive network.
