Budget 2019: Individual taxpayers with annual income up to Rs 5 lakh to get full tax rebate

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Private life insurers reported robust 20.2 per cent year-on-year (YoY) growth in individual Annualized Premium Equivalent (APE) as the industry continues to see significant expansion. According to a Nuvama report, for FY26TD, the market share for private insurers in the individual APE segment surged 164bp YoY to 72.4 per cent.

The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at a maximum of 75 per cent of Profit After Tax (PAT) for most banks, linking profit distribution more closely with capital strength, profitability and regulatory compliance.

Union Minister of Commerce & Industry Piyush Goyal, on Monday, called for making India's IP approval system among the top five globally in speed, transparency and efficiency. While emphasising the need to strengthen the innovation ecosystem, the Minister highlighted the importance of encouraging wider participation from startups, MSMEs, women, and youth.

Minister Goyal underscored the country's rapid ascent in the sector, noting that India currently stands as the 7th largest exporter of agricultural and marine products globally. Highlighting the government's ambitious trajectory, Goyal stated, "Today, India is the 7th largest exporter in the world of agricultural and marine products, and in the coming days, we will move ahead to become the world's leading exporter of agricultural and marine products." The fair marks a significant diplomatic milestone as Italy takes on the role of country partner for the first time, a move intended to capitalize on evolving trade relations.