The Indian government has increased the export duty, or windfall tax, on diesel to Rs 55.5 per litre and on aviation fuel (ATF) to Rs 42 a litre, effective immediately, to boost domestic availability and prevent exporters from exploiting global price differences.
Ricky Ponting says Punjab Kings must reset and start fresh in IPL 2026, backing a stronger squad ahead of their opener against Gujarat Titans.
Today, predictability has replaced volatility. When 200 becomes routine and chases follow a template, the element of surprise goes out the window and with it viewer engagement.
The Confederation of Indian Industry (CII) has proposed a 20-point policy agenda to the finance ministry, including a conflict-linked emergency credit line guarantee scheme and tax rationalisation on energy inputs, to support MSMEs, exporters, and energy-intensive industries affected by the ongoing West Asia war.
Ferrari unveiled the 1,050-hp 849 Testarosa in Mumbai, blending aggressive design with a hybrid V8 powertrain capable of 0-100 km/h in just 2.25 seconds.
The Indian government has reduced excise duty on petrol and diesel to mitigate the impact of rising global crude prices, triggered by geopolitical tensions in the Middle East. This move aims to provide relief to consumers and oil companies amidst volatile international oil markets.
The Income Tax Department has clarified that income from the transfer of investments made before April 1, 2017, is excluded from the scope of the General Anti-Avoidance Rules (GAAR), addressing industry concerns about retrospective application.
For decades, multinational pharmaceutical companies and Indian drugmakers worked in ways that supported each other: MNCs brought innovation and brands, while Indian companies built scale through generics and cost efficiency. There was an important overlap - generic drugs - but this is shrinking fast. And the consequences are reshaping India's gigantic pharmaceutical market.
The Supreme Court has granted bail to Vishal Agarwal, the father of the minor accused of driving the Porsche in the fatal Pune crash, in connection with the blood sample swapping case.
The Indian government has addressed Parliament regarding a case of an Indian national seeking repatriation from Russia due to the situation in West Asia and the Gulf region. The government also responded to queries about Indian nationals denied entry to South Korea and seafarers detained in foreign countries.
India's women's team faces a tough challenge against Japan in their second AFC Women's Asian Cup match after a narrow defeat to Vietnam. The team aims to maintain intensity and adapt tactically against the formidable Japanese side.
The government has sharply reduced excise duty on petrol to 3 and diesel to zero, offering major relief to consumers. Here's how the price cut will impact fuel rates and inflation.
'Why can't a woman make a Rs 100 or Rs 1,000 crore film, why only a male director has to make?'
Delhi Police have registered multiple FIRs and seized hundreds of LPG cylinders in a crackdown on illegal storage, refilling, and black marketing operations amid concerns of potential supply shortages.
Delhi Police have dismantled an illegal operation involving the storage of over 600 LPG cylinders and arrested an individual for illegally refilling gas cylinders, highlighting concerns over safety and black market activities.
This single amendment, unfortunately, overshadows much of the Budget's promise, explains Harsh Roongta.
As famous as movie stars and global leaders are a bunch of animal celebs that the world grew to positively adore.
The Budget offers a limited-time regularisation window with clear thresholds, defined payments, and immunity from penalty or prosecution.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
As many as 17 cancer drugs, along with medicines and food for special medical needs for seven rare diseases, components for microwave ovens are some of the items that are set to become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in customs duty in the Union Budget 2026-27.
India's marine product exports facing rough weather from punitive US tariffs are expected to get a big boost following the reduction of 26 per cent tariff as part of the India-EU Free Trade Agreement (FTA), but concerns over non-tariff barriers, which are a dominant aspect of marine trade to the EU, still remain.
The loss of input tax credit (ITC) following the rationalisation of the goods and services tax (GST) on individual life and health insurance from 18 per cent to nil is may weigh on the profits of life insurers in the third quarter (Q3) of 2025-26 (FY26).
Labuschagne underlined the cricket adage that "catches win matches", while England counted the cost of dropped chances in Adelaide.
The Centre has proposed exempting life and health insurance policies for individuals from GST, Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary said on Wednesday. Currently, health and life insurance premium attracts 18 per cent GST.
FIDE World Cup 2025: Praggnanandhaa survives scare; Arjun, Karthik, Harikrishna also draw first game of Rd 4
Indian Grandmasters Arjun Erigaisi and R Praggnanandhaa played out solid draws while P Harikrishna wriggled out of a difficult situation to head into a tie-break in the fourth round of the Chess World Cup, in Panjim on Wednesday.
The Indian government should urgently consider imposing safeguard or anti-dumping duties on imports of two construction equipment segments - crawler excavators and tower cranes - as Chinese companies are rapidly expanding their presence in these markets in India through 'predatory' pricing supported by lower raw material costs, substantial export subsidies, and extended credit schemes, said Sorab Agarwal, executive director at Action Construction Equipment (ACE).
Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable.
Arjun Erigaisi will start as the favourite against veteran Hungarian Peter Leko, while R Praggnanandhaa faces the inventive Daniil Dubov.
Nitin Nabin's selection is a bold political decision by the Two Gujaratis. When Rahul Gandhi has resurrected the issue of social justice, the BJP and the Two Gujaratis are sticking to their plan and agenda, explains Sheela Bhatt.
ITRs with zero tax liability have increased to 55.7 million in FY25.
Grandmasters Arjun Erigaisi and P Harikrishna had another good day as they sent veteran Peter Leko of Hungary and Swede Nils Grandelius packing in the fourth-round tiebreaker at the Chess World Cup, in Panaji on Thursday.
'Filing a nil ITR serves as a formal declaration to the tax authorities that your earnings fell below the taxable threshold in the given financial year, and you had no tax liability during that period.'
India has called for a ceasefire, release of all hostages, and peaceful resolution of the Israel-Hamas conflict through dialogue and diplomacy. The Centre informed Parliament that India welcomed the agreement on the first phase of the Gaza Peace Plan. The article also covers India's energy sourcing strategy and the release of Indian fishermen by Pakistan.
Indian Grandmaster Vidit Gujrathi bowed out of the World Chess Cup after a 2.5-3.5 loss to Sam Shankland of United States in the second set of tie-break games of third round, in Panjim on Sunday.
Grandmaster Arjun Erigaisi will take on an in-form Levon Aronian of Armenia, while P Harikrishna will have to tackle giant-killer Jose Eduardo Martinez Alacantara of Mexico in the pre-quarterfinals of the World Cup in Panaji, Goa.
Harikrishna continued his success story with the seasoned Grandmaster, who famously assisted Gukesh in the World Championship title match, showcasing his skills as a brilliant attacker.
Grandmasters Raunak Sadhwani and S L Narayanan, India's two best hopes, were held to draws by Daniel Barrish of South Africa and Steven Salas Rojas of Peru in the first game of the opening round of World Chess Cup, in Panjim, on Saturday.
World champion D Gukesh bowed out of the Chess World Cup, losing the third-round match to Frederik Svane of Germany, while Arjun Erigaisi and R Praggnanandhaa made it to the last-32 stage, in Panjim on Saturday.
The GST Council on Wednesday approved a two-tier rate structure of 5 and 18 per cent, which will be implemented from September 22.
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