Government notifies Unified Pension Scheme, to be effective from April 1
The Finance Ministry has notified Unified Pension Scheme (UPS) as an option under National Pension System (NPS). It will come into effect from April 1 this year and has potential to benefit 23 lakh employees. This will be available for government servants who have joined the service on or after
Campco expresses concern over unfair areca import practices, seeks strict regulations to curb them
Expressing concerns over unfair arecanut import practices by some people, the Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd has urged the Government to implement stronger regulations to protect the interests of domestic growers. In a letter to the Union Commerce Minister, Piyush Goyal, the Campco President, A Kishore
Cultivating change: The significance of mushrooms in sustainable agriculture and commodity markets
The global market for edible mushrooms has seen remarkable growth, with India emerging as a key player in this expanding industry. By 2024, the market was estimated to be valued at around $67.4 billion, projected to reach $97.1 billion by 2029, with a compound annual growth rate (CAGR) of 7.57
Specially-designed Vande Bharat train completes trial run in Jammu and Kashmir
Years of hard work and dedication, and some engineering marvels later, the dream of Kashmir’s rail connectivity finally came true as a specially-designed Vande Bharat Express train arrived here on Saturday, completing its trial run. The train, on its maiden trial run, arrived at the Srinagar station in the Nowgam
Some exemptions likely in new income tax regime, inflation adjusted income tax slabs possible: Rakesh Nangia
The Union Budget is expected to bring new Income Tax legislations. What are the changes likely in overall tax structure? Rakesh Nangia, Managing Partner at Nangia & Co LLP, explained in an interview. There is speculation that the new IT legislation will do away with the concept of assessment year
Policymakers must tune more into States, says Finance Commission Chief Panagariya
India’s policymakers and thinktanks should focus on studying the States a lot more, Arvind Panagariya, Chairman of 16th Finance Commission suggested on Friday He was speaking at a launch event of first ever ‘Fiscal Health Index 2025’ report prepared by NITI Aayog. “Even though one, including the media, tends to
IndiGo profit slips 18 pc to ₹2,448 crore over forex loss
InterGlobe Aviation, which operates IndiGo, saw an 18.3 per cent decline in net profit in third quarter FY25 to ₹2,448 crore on a year on year basis as rupee depreciation offset the gains of strong passenger demand and revenue growth. While revenue from operations grew 13.7 per cent to ₹22,110
Agrochem makers seek cut in duty, GST rationalisation in Budget
Agrochemical makers are looking forward to the uniform basic customs duty, rationalisation of GST and introduction of the 200 per cent deduction on R&D expenses in the forthcoming Budget. CropLife, a body of agrochemical makers has suggested key measures to the government such as maintaining a uniform basic customs duty
Indian govt may announce special fund for oilseeds purchase in Budget
The Government is considering the creation of an oilseed buffer corpus like the pulses buffer. This development comes even as the purchase of oilseeds is allowed by the Centre at the minimum support price (MSP) after the approval of the Agriculture Ministry. A separate fund may help States undertake oilseeds
Trump administration’s policies may drive shift in Indian students’ higher education choices
The Trump administration’s policies on citizenship, stricter immigration, and visa rules may influence the preferences of Indian students pursuing higher education in the United States, according to industry players. Indian students represent the largest international student community in the US, with 3,31,602 enrolled during the 2023-24 academic year. However, industry