'Direct threat to US': Trump sanctions Indian firms

The Trump administration has sanctioned entities and individuals from India involved in sales of Iran's petroleum and petroleum products, saying the funds from this trade support Tehran's regional......

Air India grounds engineer as A320 flights operated without valid papers

Air India has grounded an aircraft maintenance engineer and has also set up a committee to decide on possible action against some pilots who were involved in operating an Airbus A320 neo plane......

Local body polls soon? Maha cabinet takes 21 decisions in single day

With elections to local bodies looming, the Maharashtra cabinet took 21 decisions on Tuesday, an unusual number for a single meeting, including the closure of the state's asset reconstruction......

CAG slams Maharashtra excise dept for revenue lapses

The Comptroller and Auditor General (CAG) of India has pulled up the Maharashtra state excise department for serious lapses in its operations, leading to a substantial revenue shortfall. Image......

Make demergers tax-neutral, biz houses nudge govt

Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies......

Selling Land Is Not a Service, Rules Supreme Court

The Supreme Court has said that selling land or property is not a service under the Finance Act, 1994, so such sales cannot be charged with service tax. Illustration: Dominic Xavier/Rediff The......

IT Firms Brace For DPDP With Minimal Disruption

'The impact will be minimal and it will only increase compliance cost on consent, data flows, localisation timelines, internal audits, data mapping, and new tooling.' Kindly note that this......

Airtel to approach DoT on AGR in coming days: MD

Telecom firm Bharti Airtel will approach the government on the adjusted gross revenue (AGR) it has to pay the exchequer following the Supreme Court’s judgment that the government can reassess all......

Cabinet clears Ahmedabad as 'ideal host' for 2030 CWG

IMAGE: India hosted the 2010 Commonwealth Games in New Delh. Photograph: B Mathur/Reuters The union cabinet, headed by Prime Minister Narendra Modi, on Wednesday approved India's bid to host the......