Business

Representative image generated by AI (Gemini) In a move aimed at modernising retirement fund access, EPFO is working on a new mobile application that may allow subscribers to withdraw a portion of their EPF savings instantly through the UPI payment gateway. The app, expected to be launched around April, is part of efforts to reduce…

When exchanges are active and predictable, FPOs can aggregate produce and hedge prices before harvest. (AI image) By Dr. Arun Raste, MD and CEO, NCDEXIndian agriculture has always had the backing of strong public policy support. Systems like MSP, procurement and buffer stocking have played a stabilising role for decades. They give confidence to farmers…

The Income Tax Department is likely to notify the draft Income Tax Rules, 2026 and the accompanying forms in the first week of March, Central Board of Direct Taxes (CBDT) sources told ET.The new rules are aligned with the Income Tax Act, 2025, which is scheduled to come into force from April 1, 2026, and…

The Centre on Monday said India has adopted a calibrated tariff liberalisation approach under the India-US Bilateral Trade Agreement, allowing duty elimination in phases of up to 10 years for select products while keeping highly sensitive agricultural sectors fully protected.According to a government statement as reported by ANI, agricultural market access for the United States…

IT stock investors are struggling with sharp losses as the sector is going through a phase of massive sell offs. In the past three trading sessions, Nifty IT index has plunged almost 8%, erroding almost Rs 2.5 lakh crore from the market value. Traders are also concerned about concerns over AI automation, that could majorly…

Gold saw strong gains on Monday, as the yellow metal rose to Rs 1.57 lakh per 10 grams. Traders attributed the surge to a rebound in global markets, a softer US dollar, and renewed demand for safe-haven assets. On MCX, gold futures also gained momentum, with the April contract increasing by Rs 2,089, or 1.34%,…

Tax return deadlines have been extended to 31 August in case of non-audit business cases. By Ishita SenguptaIndia’s Union Finance Minister Nirmala Sitharaman presented the Budget 2026-27 on 1 February 2026, the ninth of her tenure, terming it as a unique Yuva Shakti-driven Budget. Rather than announcing sweeping tax reductions, the Budget reinforced continuity from…

Liberty cannot be kept in limbo: Supreme court fixes timelines for bail and anticipatory bail applications (AI image) In a landmark ruling on the interplay between anticipatory bail, individual freedom and judicial expediency, the Supreme Court of India, on 12.09.2025, dismissed the criminal appeals challenging the denial of pre-arrest bail, while simultaneously making forthright observations…

India is on track to continue as the fastest-growing economy among G-20 nations in the upcoming financial year. The country’s real GDP expected to expand by 6.4% in fiscal 2026-27, according to a recent report by Moody’s Ratings. The brokerage also predicted that over the next 12-18 months, banking sector will remain stable, thaks to…

NEW DELHI: Ahead of Brazilian President Luiz Inacio Lula da Silva’s visit to India next week, Embraer — which recently announced setting up a final assembly line here with the Adani Group — has stepped up its engagement with the country. An executive-level visit by the Brazilian aerospace major brass has kicked off work to…