Business

India's direct tax collections, in gross terms, have witnessed a robust growth of 4.16 per cent year-on-year so far in 2025-26, reaching Rs 20 lakh crore, data released by the Central Board of Direct Taxes (CBDT) showed Friday.

The government is actively working on some of the recommendations made by the Indian sugar industry stakeholders, to primarily prevent excess sugar stock buildup and at the same time ensure timely payments to sugarcane farmers, Secretary, Department of Food and Public Distribution (DFPD), Sanjeev Chopra said, addressing the Annual General Meeting of the Indian Sugar and Bio-energy Manufacturers Association (ISMA).

India's trade deficit with China is expected to widen further, even as exports to the neighbouring country have shown sharp but volatile spikes this year, according to a study by the Global Trade Research Initiative (GTRI).

Domestic investors have invested approximately Rs 4.5 lakh crore in the equity markets through mutual funds and other indirect channels this year, reflecting a steady shift in household savings toward market-linked assets, according to a report by the National Stock Exchange (NSE).

Odisha is hosting a two-day Regional AI Impact Summit 2025 in Bhubaneswar starting today, organised by the Electronics and Information Technology Department, Government of Odisha.

Odisha Chief Minister Mohan Charan Majhi led an Odisha Investor Meet, a two-day investment roadshow in Hyderabad, organised by the Government of Odisha to deepen industry partnerships and present the state's expanding industrial capabilities to national and global investors.