As India marks a decade of the Goods and Services Tax (GST), the focus is shifting towards enhancing efficiency through artificial intelligence, data sharing, and process simplification. The reform, which unified India's indirect tax system, has significantly broadened the tax base and boosted revenues, with future plans including a streamlined two-tier rate structure and continued technological integration to reduce compliance costs and combat evasion.
India has launched its first hydrogen-powered train, the 'Namo Green Rail', from Jind, Haryana, marking a significant step towards sustainable railway mobility. The 10-coach train, which emits only water vapour, is currently operating on the Jind-Sonipat route and represents a major technological advancement for the country's transport sector.
The Central Board of Indirect Taxes and Customs (CBIC) has eliminated the Rs 10 lakh value cap per consignment for courier-based commercial exports, effective April 1, aiming to significantly boost e-commerce shipments, particularly for MSMEs and artisans.
The Delhi High Court has refused to direct the reopening of the CBSE's portal for the re-evaluation of Class 12 answer sheets, stating that individual students can take action if aggrieved and that reopening the portal would delay the entire result declaration process.
The Pakistan Cricket Board has initiated a strong campaign to recover billions in dues from defaulting franchises, broadcast, and business partners to improve its financial standing.
Matthew Hayden says the European T20 Premier League can establish itself as a talent-development platform for Europe's associate nations, stressing that ETPL's strength lies in creating pathways to global franchise cricket rather than competing with the IPL.
The US Central Command (CENTCOM) confirmed striking the Guinea-Bissau-flagged oil tanker MT Jalveer, carrying 20 Indian seafarers, in the Gulf of Oman for allegedly violating the US blockade against Iran. This incident marks the third commercial vessel attacked by US forces in the region this week, with three Indian seafarers previously losing their lives in an attack on the MT Settebello.
'AIS helps taxpayers check whether all income streams and reportable transactions -- such as interest from old bank accounts, small dividend receipts or transactions across multiple brokers -- have been properly disclosed.' 'Mismatches between these transactions and declared income may trigger automated notices or scrutiny.'
Despite the Centre's GST 2.0 guidelines aiming to facilitate provisional refunds within seven days for low-risk cases, many large taxpayers are still encountering significant delays in obtaining Goods and Services Tax (GST) refunds under the inverted duty structure (IDS), with experts citing inconsistent state-level scrutiny and subjective interpretations.
Union Education Minister Dharmendra Pradhan has directed officials to address issues faced by students regarding the CBSE examination system, following allegations of irregularities. The government has committed to transparency and accountability, assuring that all genuine concerns will be addressed effectively.
Mamata Banerjee, Trinamool Congress supremo, has launched a strong counterattack against rebel party members, accusing them of conspiring with the BJP to split the party. She dared them to formally join the BJP and defended her leadership amidst the worst organisational crisis for TMC, while also announcing leadership changes and criticising the rebels' past actions and attempts to seize party assets.
The ICC has announced the appointment of Dr. Ros Rivaz as its new Independent Director, succeeding Indra Nooyi. Rivaz brings extensive experience in governance, corporate strategy, and operational effectiveness to the role.
How did hundreds of errors slip through multiple stages of drafting, editing, proofreading, expert review and final approval before making their way into classrooms?
The Central Board of Secondary Education (CBSE) will conduct class 10 and 12 board exams from February 17, 2026. The board has released the final datesheet nearly 110 days in advance.
The invitation comes as the US administration moves forward with formalising the "Board of Peace" structure linked to Trump's broader Gaza roadmap.
Revenue intelligence and customs officers are set to intensify surveillance and increase vigilance on international borders to combat potential gold smuggling following a significant increase in customs duty on gold.
Iran has dismissed US President Donald Trump's assertion that Iran was responsible for a drone attack on Indian ships in the Strait of Hormuz as 'simply baseless'. The Iranian embassy stated that Trump's comments were an attempt to deflect attention from recent US military strikes on merchant vessels in the Gulf of Oman, which resulted in the deaths of three Indian mariners.
For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.
India has expressed 'deep worry' and strongly protested to the US after three merchant ships carrying Indian crew members came under attack from the American military off the coast of Oman in four days, resulting in the deaths of three Indian seafarers.
Congress leader Rahul Gandhi told INDIA bloc leaders that despite public anger indicating a win for the opposition, the main challenge is the alleged lack of free and fair elections due to the BJP's control over state institutions. He urged unity and a strategy of 'resistance' against what he termed election 'theft'.
The CBSE has taken up on 'top priority' the cases related to alleged mismatched answer sheets and other concerns faced by students in the re-evaluation process, a source in the board said.
India has summoned the US charge d'affaires for the second time this week to protest American Navy strikes on three commercial vessels off the coast of Oman, which resulted in the deaths of three Indian crew members. New Delhi has demanded an end to these attacks, acknowledging that the US Navy targeted the ships, some of which were reportedly non-compliant with US sanctions.
India's net direct tax collections increased by 5.12 per cent to over Rs 23.40 lakh crore in the 2025-26 fiscal year, but this figure still fell short of the revised budget target of Rs 24.21 lakh crore, primarily due to income tax cuts implemented earlier in the year.
'The US was well aware of the nationality of the seafarers on board the vessels. It was not hidden. The nationality of those aboard a merchant ship is known to all the ports.' 'So, why did US shoot a missile that resulted in the deaths of the Indian mariners?'
The Central Information Commission has ruled that the Board of Control for Cricket in India does not qualify as a 'public authority' under the Right to Information Act, effectively placing it outside the scope of RTI disclosures.
Realty firm Unitech Ltd reported a consolidated net loss of Rs 441 crore for the quarter ended March 2026, compared to a net loss of Rs 309.95 crore in the year-ago period. The company faces a cash crunch and delays in housing projects, affecting around 22,000 customers.
A technical fault at a BEST receiving station in Dadar caused a power outage in parts of central Mumbai, adding to the discomfort of residents during hot and humid weather. Another power supply disruption was reported in south Mumbai due to a fire in a transformer.
Ishan Kishan has all the requisite skills to be a successful Test batter but unfortunately the Indian red ball squad doesn't have any place for him, former skipper and ex-selection committee chairman Krishnamachari Srikkanth said.
Congress leader Rahul Gandhi has strongly criticised Prime Minister Narendra Modi for his silence on the deaths of three Indian seafarers in US military strikes on commercial vessels, calling Modi a 'compromised PM' who lacks the courage to confront those responsible.
The Reserve Bank of India (RBI) and the central government have introduced a package of measures, including tax exemptions for FPIs on government securities and a concessional foreign-exchange swap facility, aiming to attract up to $50 billion in foreign capital. This initiative is designed to strengthen India's balance of payments and potentially cover the projected BoP gap for FY27.
BJP leaders Rajeev Chandrasekhar and B B Gopakumar have accused both the UDF and LDF governments of pushing Kerala into an economic crisis. They criticised the lack of solutions from the ruling fronts, highlighted the state's high public debt, and questioned the allocation of revenue for development versus salaries and pensions.
A mob disrupted railway traffic at Pataliputra station in Patna, alleging insufficient trains for a competitive exam. Police resorted to tear gas and lathi-charge to disperse the crowd, which also engaged in stone-pelting. Authorities suspect anti-social elements were involved, aiming to cancel the exams, and are using CCTV footage to identify culprits.
The Trinamool Congress (TMC) is facing a severe leadership crisis as former minister Jyoti Priya Mallick resigned from all party organisational posts citing health, and senior North Bengal leader Goutam Deb stepped down as mayor of Siliguri Municipal Corporation, amidst widespread internal rifts and electoral setbacks.
Nikhat Perveen, who is fondly called Chunchun by her family, was very emotional while writing this feature about her beloved father. As you read this Father's Day special, you will realise why.
Two habitual drug peddlers, Suresh Kumar and Hussain Mohd, have been detained in Reasi district, Jammu and Kashmir, under the stringent Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances (PIT-NDPS) Act. This action by the Reasi Police underscores their commitment to combating the drug menace, leveraging the Act's provisions for preventive detention against individuals repeatedly involved in narcotics trafficking.
The Central Board of Secondary Education (CBSE) has postponed the class 10 and 12 board exams scheduled for March 5 in the Middle East region due to the ongoing Iran-Israel conflict.
DRI sleuths at Chennai International Airport seized five kgs of crystal methamphetamine, valued at Rs 5 crore, from a passenger attempting to board a flight to Kuala Lumpur. The passenger has been arrested, and an investigation is underway to uncover the broader drug network.
'...because that protects their aviation industry.' 'The Boeing 787 is one of the most widely-flown wide-body aircraft in the world, and Airbus is running neck-and-neck with Boeing.' 'Airbus is not going to let an opportunity like this pass.' 'If a software problem with the 787 is confirmed, they will use it to increase their own orders.'
Tamil Nadu Cyber Crime Wing arrests three individuals, including a freelance assistant editor, for the data theft and online leak of the movie 'Jana Nayagan'.
A SAP study reveals that Indian enterprises are rapidly moving from AI experimentation to value-driven implementation, positioning India as a global leader in enterprise AI adoption. Indian organisations plan significant investments in AI, with projected fivefold growth in Agentic AI returns and a high percentage of businesses having defined AI strategies and dedicated AI leaders.
