New Delhi, Jan 5 (UNI) The lower GST rates will have a positive impact on credit demand on all sectors, which should help to support an improvement in overall system credit growth, said a report of Motilal Oswal Financial Services (MoSL) released here on Monday. The report estimates that overall bank credit is likely to…
New Delhi, Jan 5 (UNI) The Indian Railway Catering and Tourism Corporation (IRCTC) has implemented the second phase of a new booking rule, effective from Monday, January 5, 2026. Passengers who have not linked their Aadhaar card to their IRCTC accounts will be unable to book reserved railway tickets between 8:00 am and 4:00 pm…
New Delhi, Jan 2 (UNI) The Federation of All India Farmer Associations (FAIFA) has raised serious concerns over a steep increase in excise duties on tobacco products, warning that the move could severely impact farmers’ livelihoods, fuel illicit trade, and distort India’s tobacco economy. FAIFA’s reaction follows a notification issued by the Ministry of Finance…
New Delhi, Jan 2 (UNI) The temporary window allowing duty-free import of cotton has come to an end, with the government reinstating the 11 pc customs duty on cotton imports from January 1. The duty-free period, which was in place until December 31, was not extended further, bringing back the earlier tax structure on imported…
Bengaluru, Jan 2 (UNI) IndiGo, India’s preferred airline, has strengthened regional air connectivity through its consistent services from Mysuru and Hubballi, supporting business, education, medical, and personal travel across the country. In Mysuru, IndiGo commenced operations on October 27, 2019, and has expanded its schedule from seven to 14 weekly flights, connecting the city with…
Hyderabad, Jan 2 (UNI) The Life Insurance Corporation of India (LIC) on Friday announced launching of a Special Revival Campaign to help policyholders revive lapsed insurance policies and restore coverage. The campaign will run from January 1 to March 2, 2026, providing policyholders an opportunity to continue their life insurance protection, the Insurance company said…
Mumbai, Jan 2 (UNI) Adani Enterprises Ltd (AEL) announced the launch of its third public issue of secured, rated, listed as well as redeemable non-convertible debentures (NCDs) on Friday, with yields up to 8.90 per cent yearly and a base size of Rs 500 crore (Rs 1,000 crore including its ‘Green Shoe’ option). “This third…
New Delhi, Jan 2 (UNI) India’s manufacturing sector continued to expand in December, albeit at a slower pace, as the HSBC Manufacturing Purchasing Managers’ Index (PMI) slipped to 55.0 from 56.6 in November, marking its lowest level in 38 months, data released by S&P Global showed. Despite the decline, the index remained well above the…
New Delhi, Jan 1 (UNI): Goods and Services Tax (GST) collections showed steady growth in December 2025, indicating stable economic activity and improved compliance. Total gross GST revenue for the month stood at Rs 1.74 lakh crore, registering a growth of over 6 per cent compared to December 2024. On a cumulative basis, gross GST…
New Delhi, Jan 1 (UNI) The Ministry of Corporate Affairs (MCA) undertook a wide range of reforms in 2025 with the objective of making corporate rules simpler, reducing compliance burden, and improving services for companies, directors and investors, an official statement said on Thursday. These measures focused on ease of doing business while ensuring transparency…
