NEW DELHI: Following the issuance of an executive order by President Donald Trump to review US foreign assistance and align them with the policies of the new administration, US Agency for International Development (USAID) has issued a directive asking all organisations implementing projects with its support in India to suspend work until further notice. The…
NEW DELHI: As amendments brought by Centre in the Forest (Conservation) Act has allegedly resulted in 1.97 lakh square km of land getting excluded from forest area, Supreme Court on Monday restrained central and state govts from doing anything which would lead to reduction of forest area in the country. It said even in cases…
In a victory for patients’ rights, the National Medical Commission has decided that it will take up appeals of patients in cases against doctors. For almost five years, since the NMC was constituted in Sept 2020, it has been rejecting patients’ appeals stating that only doctors have the right to appeal against decisions of state…
MUMBAI: Gold loans surged by 71% year-on-year in Dec-end, emerging as the fastest-growing segment within personal loans. Individual borrowings against FDs and shares saw a year-on-year increase of 19% and 22%, in Dec 2024.According to data on sectoral deployment of bank credit released by RBI, gold loan portfolio of banks rose to Rs 1.7 lakh…
NEW DELHI: The tax relief measures unveiled in the 2025-26 Budget are likely to increase deposit inflow in banks and several scenarios worked out by the department of financial services (DFS) estimated it to be in the range of Rs 42,000-45,000 crore, a top official said on Monday.M Nagaraju, secretary DFS, told reporters that the…
A global tariff war that was started by the US on Saturday night, is spreading panic among markets around the world on Monday with several of the leading indices deep in the red. The Indian market, however, on Monday held on to its ground despite continuous selling by foreign funds. On Monday, among the major…
MUMBAI: Fears of a global trade war fears which took gold to record levels in international markets combined with a weakening rupee on Monday pushed the price of the yellow metal to about Rs 84,500-per-10-gram level on Multi Commodities Exchange. In the city’s physical bullion market, the price hovered around the Rs 82,500 level. These…
The tax department has renewed its focus on simplification and is banking on trust. In an interview to TOI, chairman of the Central Board of Direct Taxes (CBDT) Ravi Agrawal says he is confident that direct tax revenues would remain robust, making it easier for the department to meet this year’s target. Excerpts:CBDT is now…
NEW DELHI: Most of the tax proposals in the Budget are based on the precepts of good governance, which is evident in areas, such as ease of doing business, ease of compliance, technology and trust, a top official said on Monday.Finance and revenue secretary Tuhin Kanta Pandey told a gathering of business leaders that Budget…
ISLAMABAD: Afghan authorities have refused to receive the body of the son of a senior Afghan Taliban official who was killed, allegedly in a recent military offensive in Pakistan’s northwestern Khyber Pakhtunkhwa (KP) province bordering Afghanistan, state media claimed on Monday.Citing sources, Radio Pakistan referred to an intelligence-based operation conducted in KP’s Dera Ismail Khan…
