India-US trade deal update: Piyush Goyal meets USTR Jamieson Greer, discusses next steps in BTA talks

India-US trade deal update: Piyush Goyal meets USTR Jamieson Greer, discusses next steps in BTA talks

Commerce and industry minister Piyush Goyal on Friday met US Trade Representative Jamieson Greer and reviewed the next steps in negotiations for the proposed India-US bilateral trade agreement (BTA).The meeting took place on the sidelines of the 14th ministerial conference (MC14) of the World Trade Organisation in Yaounde, Cameroon, where both sides also exchanged views…

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PM Modi to inaugurate Noida Jewar Airport: Project cost, facilities & more - all you need to know

PM Modi to inaugurate Noida Jewar Airport: Project cost, facilities & more – all you need to know

Glimpse of Noida International Airport (Shared by PM Modi on X) NEW DELHI: The Noida International Airport at Jewar in Uttar Pradesh will be inaugurated on Saturday, with Prime Minister Narendra Modiopening the first phase of the project that is set to add capacity to the National Capital Region’s aviation network.“Tomorrow, 28th March is a…

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'On our toes over deficit': FM Sitharaman in Rajya Sabha amid Middle East crisis, dismisses lockdown rumours

‘On our toes over deficit’: FM Sitharaman in Rajya Sabha amid Middle East crisis, dismisses lockdown rumours

Sitharaman in Rajya Sabha NEW DELHI: Finance Minister Nirmala Sitharaman on Friday said the government will remain on its “toes” to keep the fiscal deficit under check even as it works to shield the common man from the impact of rising global crude oil prices amid the West Asia conflict.Replying to a discussion on the…

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RIL shares fall over 4% as windfall tax returns on fuel exports; Rs 82,000 crore wiped off market value

RIL shares fall over 4% as windfall tax returns on fuel exports; Rs 82,000 crore wiped off market value

Shares of Reliance Industries Ltd (RIL) fell more than 4% on Friday after the government reintroduced windfall taxes on diesel and aviation turbine fuel (ATF) exports, eroding over Rs 82,000 crore from the company’s market capitalisation in intra-day trade.At 3:30 pm, shares of Reliance Industries Ltd were trading at Rs 1,350.80, down Rs 62.30 or…

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Middle East crisis: Govt levies export duties on diesel, turbine oil; eyes over Rs 1,500 crore collection in fortnight

Middle East crisis: Govt levies export duties on diesel, turbine oil; eyes over Rs 1,500 crore collection in fortnight

NEW DELHI: The government has imposed export duties on diesel and turbine fuel, a move aimed at improving availability of these products in the domestic market, according to the CBIC chairman’s statement on Friday.The decision is also expected to strengthen the country’s energy security by ensuring adequate supplies amid evolving global conditions.Revenue collections from the…

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How recent Foreign Tax Credit changes impact salaried taxpayers earning from abroad

How recent Foreign Tax Credit changes impact salaried taxpayers earning from abroad

FTC allows individual taxpayers to claim a credit in India for taxes paid in a foreign jurisdiction on the same income. (AI image) With the rise in global workforce mobility, an increasing number of Indian professionals are earning income across multiple jurisdictions. Employees of multinational companies undertaking overseas assignments, or cross-border roles receive regular salaries…

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US-Iran war: India prepares to re-start LNG buys from Russia; seeks Trump admin waiver, says report

US-Iran war: India prepares to re-start LNG buys from Russia; seeks Trump admin waiver, says report

India imports a big portion of its LPG and LNG needs and has been looking to step up procurement from alternative sources. (AI image) Amid Strait of Hormuz-linked supply disruptions, India has reportedly sought a waiver from the US for buying liquified natural gas (LNG) from Russia. According to a Reuters report, India has approached…

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