India is growing fast, but to keep growing strong, the government must make more things at home, create jobs, and spend money wisely, suggests Rajiv Memani, regional managing partner, Africa-India Region, EY.
The Supreme Court is scheduled to hear a plea by the Enforcement Directorate (ED) alleging interference and obstruction by the West Bengal government, including Chief Minister Mamata Banerjee, in its probe into an alleged coal-pilferage scam. The ED claims Banerjee removed key evidence during raids on I-PAC offices and the premises of its director, Pratik Jain.
This is the first Budget in my memory of Budgets over the last half a century which has embraced upfront, enthusiastically and emphatically, technology, modernity and fiscal sobriety, notes Shreekant Sambrani.
ICICI Bank on Thursday said tax authorities have slapped a demand notice of Rs 238 crore on it for alleged short payment of GST.
Questioning senior advocate Raju Ramachandran who appeared for Gandhi, the bench said, "You said the court should be circumspect in its remark but have you asked your client what kind of remarks she has made? Have you heard her podcast? She has made all kinds of remarks against everybody without even thinking. Have you seen her body language?"
Dabur's business update for Q3FY26 indicated mid-single digit consolidated revenue growth. The guidance is that growth in operating and net profits will beat revenue growth. In the domestic business, home and personal care (HPC) revenue grew in double digits, while healthcare is likely to post a sequential growth in low-single digits.
The Indian Rice Exporter's Federation (IREF) on Tuesday urged the government to provide tax incentives, interest subvention and freight support in the upcoming 2026 Budget to strengthen the sector's competitiveness while addressing sustainability concerns.
Customs duty cannot be levied on electricity supplied from a special economic zone (SEZ) to the domestic market, ruled the Supreme Court on Monday while upholding Adani Power's appeal against a 2019 judgment of the Gujarat high court. The 2019 judgment had denied relief to Adani Power from Customs duty on electricity supplied from its Mundra SEZ unit to the domestic tariff area (DTA).
Chief Justice of India lays the foundation for an Integrated Judicial Court Complex in Assam's Kamrup district, facing protests from the Gauhati High Court Bar Association (GHCBA) over the relocation of the High Court.
Net direct tax collection grew 8 per cent to over Rs 17.04 lakh crore this fiscal till December 17 on slower refunds and higher advance taxes from corporates, the income tax department data showed on Friday.
The GST Council at its next meeting may consider a reduction in taxes on air and water purifiers as air quality across the country worsens and access to safe drinking water remains uneven.
Following the deaths of at least four people due to water contamination in Indore's Bhagirathpura area, the Madhya Pradesh government has taken action, including removing the municipal commissioner and suspending senior officials. The government has also submitted a status report to the High Court and is implementing measures to control the outbreak and provide assistance to affected families.
Tata Steel's two Dutch subsidiaries are facing a 1.4 billion lawsuit in the Netherlands alleging health and property damage caused by emissions from the company's steelmaking operations, a charge which the Indian conglomerate labelled as "unsubstantiated and speculative". In an exchange filing, Tata Steel said that environmental group Stichting Frisse Wind.nu (SFW) has served a writ of summons on Tata Steel Nederland BV and Tata Steel IJmuiden BV on December 19.
The Supreme Court of India has expressed concern over a growing trend of litigants and lawyers making scandalous allegations against judges when court rulings are unfavorable. The court cautioned against such conduct, emphasizing the duty of lawyers to uphold the integrity of the judicial system.
The Supreme Court of India has appealed to women, particularly Hindu women without sons, daughters, or husbands, to make wills to avoid potential property disputes, highlighting the increasing number of women with self-acquired property.
The Bombay High Court converted a civil suit against Birch by Romeo Lane nightclub into a Public Interest Litigation (PIL) saying "someone has to be held accountable" for the tragedy in which 25 people were killed.
While not all complaints are frivolous, experts say petitions timed close to an IPO or listing often raise concerns about mala fide intent.
The Supreme Court has taken suo motu cognisance of the controversy surrounding the definition of Aravalli hills and is scheduled to hear the matter. The court had previously accepted a uniform definition and banned fresh mining leases in the area.
The Allahabad high court has set aside a lower court order mandating a man to pay maintenance to his estranged wife, observing that she earns her living and did not reveal the true salary in her affidavit.
US Vice President JD Vance has strongly criticized commentators for making derogatory remarks about his Indian-origin wife, Usha Vance, following racist comments from a right-wing podcaster.
The Trump administration is looking at plans to strip some naturalised Americans of their citizenship, the latest in a series of efforts undertaken by President Donald Trump to crack down on immigration.
The court asked the state government, forest department and Kaziranga National Park authorities to place on record the steps taken so far to control illegal fishing and to explain how such activities can be effectively prevented in future.
Mundane as it may seem, this is in some ways a metaphor for the challenges facing the nation, argue Arvind Subramanian and Devesh Kapur in their new book, A Sixth Of Humanity.
The Insolvency and Bankruptcy Code (IBC) Amendment Bill 2025 has failed to introduce specific timelines for the National Company Law Appellate Tribunal (NCLAT) to dispose of appeals, the select committee on the IBC Bill has said in its report.
The Delhi High Court has directed the GST Council to consider lowering or abolishing the goods and services tax on air purifiers, citing worsening air quality in the national capital. The court has asked the council to meet at the earliest, even via video conference if necessary, to address the issue.
India's leading real estate developers are accelerating their push into plotted development, a segment once dominated by unorganised players but now reshaped by branded offerings, faster cash flows and evolving buyer preferences. This strategic shift is visible across markets such as Bengaluru, Chennai, Hyderabad, Gurugram, peripheries of the Mumbai Metropolitan Region (MMR) and even Tier-II cities.
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 with 25 per cent or more shareholding, under the new Income Tax Act. This may possibly help some companies planning to go public, according to a source.
Videos circulating online showed Gaurav, 44, and Saurav, 40, being escorted by Thai police at Bangkok airport ahead of their departure for India.
To digitise Customs processes, the Union finance ministry is planning to integrate the Indian Customs Electronic Gateway (ICEGATE), Risk Management System (RMS), and Indian Customs Electronic Data Interchange System (ICES) into a single unified national Customs platform, according to government sources.
'Tax cases are technical in nature... Many high courts do not have a tax bench, which also contributes to the delay.'
The Delhi High Court has asked the central government why it cannot reduce the GST on air purifiers, considering the poor air quality in Delhi. The court's concern is that the current 18% GST makes air purifiers unaffordable for the common man.
A Gujarat-based couple's 23-year marriage ended in divorce due to a long-standing dispute over the wife's dietary choice of not consuming onion and garlic. The Gujarat High Court upheld the divorce verdict.
'We've not seen a crypto exchange come back after about 45 per cent of the value on the platform was impacted.'
The Delhi High Court refused to entertain a PIL seeking compensation for passengers affected by IndiGo flight cancellations, citing an ongoing related case.
'If a common man wants to buy an air purifier for Rs 10,000, then he will have to shell out Rs 11,800 with 18 percent GST.' 'If he is charged GST at 5 percent the same air purifier will cost Rs 10,500.' 'This saves a one time amount of Rs 1,300 -- and that too just to breathe clean air.'
The Supreme Court of India has directed the NHAI and MCD to consider relocating or temporarily closing toll plazas at Delhi's borders to alleviate traffic congestion and reduce air pollution. The court also addressed school closures and financial aid for construction workers affected by pollution control measures.
'The implementation of the judgment has largely been left to the discretion of the very executive authorities it sought to restrain.'
Chief Justice of India considers shifting Supreme Court hearings to virtual mode due to severe air pollution in Delhi after experiencing its effects firsthand.
'IndiGo will receive a sharp rap on the knuckles -- a punishment, a huge penalty. 'I look towards them creating a compensation fund.' 'I would like to think they would do that for all the passengers who are affected on every single day since cancellations began.'
A US bankruptcy court has reversed a $1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn Pvt Ltd - the parent firm of ed-tech platform Byju's.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances