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Business
Affordable Coverage In Sight: IRDAI To Consult On Limiting Health Insurance Price Jumps
Mumbai: In a move aimed at providing relief to millions of health insurance policyholders in India, the Insurance Regulatory and Development Authority of India (IRDAI) is set to introduce a cap on annual premium hikes for health insurance…
GST 2.0: India’s Tax Revolution Aims For Two Slabs By 2025, Single Rate By 2047
New Delhi: In a strategic endeavour to streamline the national tax landscape, the Union government is preparing to condense India’s Goods and Services Tax (GST) slabs from four to two —potentially by Diwali this year — with the ultimate aim…
Trump’s Tariff Blunder: Why Targeting India Could Backfire Spectacularly
New Delhi: The USA President's recent announcement of a sharp 50% tariff on India has caused widespread reaction, from Washington to New Delhi. The reason given was India's oil imports from Russia. This decision is drawing criticism, with…
Energy Efficiency Revolution: LPG Gas Stoves To Carry Star Labels Soon
New Delhi: The Union government is pushing for energy-saving and greener kitchens by setting new energy rules for LPG gas stoves. These rules are like the star ratings you see on air conditioners and other appliances. The Ministry of…
Paytm’s Chinese Chapter Closes: Ant Group’s Exit Signals Indian Fintech Shift
New Delhi: Ant Group, a major shareholder in Paytm's parent company, One97 Communications, is selling its remaining 5.84% stake for ₹3,803 crore ($434 million) on August 5, according to Reuters.
This sale is part of Ant Group's gradual…
UPI Giants PhonePe, Google Pay Rake In ₹5,065 Crore Despite Free Transactions
New Delhi: Despite offering free UPI transactions, fintech giants PhonePe and Google Pay earned over ₹5,065 crore last year, leveraging innovative revenue streams like voice-enabled speakers, advertising, and value-added services.…
Desi Ethics Vs. Global Trade: How India’s Vegetarian Values Shape Import Policy
New Delhi: With new tariffs set to kick in on August 1, 2025, there's growing optimism about a breakthrough in trade negotiations between India and the United States. Sources close to the discussions suggest a deal could be inked soon,…
India’s EPFO To Credit 8.25% Interest To Provident Fund Accounts This Week
Mumbai: The news is breaking about a huge relief to the salaried citizens of India; millions of accounts holding Provident Fund (PF) are expected to get their interest payments this week. Labour Minister Mansukh Mandaviya announced, on May…
NPCI’s New Tool Speeds Up PAN-Bank Account Validation For Taxpayers
New Delhi: To ease the process on the Income Tax e-filing portal, the National Payments Corporation of India (NPCI) introduced a real-time pan and bank account validating facility on June 17, 2025, which could make the taxation process of…
Israel-Iran Tensions Spike Oil Prices, India Faces Fuel Cost Surge
New Delhi: Brent crude reached $78 a barrel, the highest price in five months, after Israeli warplanes struck sites associated with Iran's nuclear program. Planners in New Delhi immediately began calculating the likelihood of steeper fuel…