IRS officer Sushil Chandra to take over as CBDT chairman

New Delhi [India], March 12: Prime Minister Narendra Modi will headline the NXT Summit 2026 in New Delhi today, March 12. PM Modi will inaugurate the Bharat Progress Report and deliver the chief guest's address at the three-day global leadership forum.

New Delhi [India], March 11: Marushika Technology Limited (MTL), a provider of communication and technology integration solutions, is pleased to be associated with the Delhi Metro Phase-IV expansion project, where two key sections--Line 7 (Majlis Park to Yamuna Vihar) and Line 8 (Majlis Park to Deepali Chowk)--were inaugurated by the Hon'ble Prime Minister of India, Shri Narendra Modi, on March 8, 2026.

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.

New Delhi [India], March 10: Conceived as a premier international platform, NXT brings together global change-makers to shape pioneering initiatives for the future of humankind while connecting the best of Bharat with the best of the world.

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, today has approved the development of a 4-lane corridor from Badnawar-Petlawad-Thandla-Timarwani section of NH-752D having a length of 80.45 kilometres with a total capital cost of Rs 3,839.42 crore. The approved corridor will provide connectivity of Ujjain to Timrawani interchange at Delhi Mumbai Expressway (DME). The primary purpose of the proposed four-lane project corridor is to improve travel efficiency and is expected to reduce travel time by approx. one hour.

The Income Tax Department carried out a nationwide verification exercise on restaurants regarding turnovers, revealing a suppression of sales amounting to approximately Rs 408 crore. According to a Ministry of Finance press statement, the investigation targeted tax evasion patterns within the Food & Beverage (F&B) sector following preliminary data analysis initiated in November 2025.

Mumbai (Maharashtra) [India], March 9: Federal Bank announced the launch of its wealth management platform 'Fed Wealth' and the inauguration of its first Wealth Hub, marking the next phase of the Bank's strategic expansion in the wealth management business. Building on the trust developed over the legacy of more than 90 years, the Bank continues its customer centric focus and will provide in depth market research and a wide range of products aligned with customer risk profiles. A curated suite of investment solutions will include fixed income, equities, mutual funds, alternatives and opportunities through GIFT City.

Chennai (Tamil Nadu) [India], March 9: Supreme Power Equipment Limited(SPEL), (NSE Code: SUPREMEPWR), one of India's leading manufacturers of power and distribution transformers, on a strong footing with robust order inflows aggregating ₹38.63 Cr during February 2026, continuing its strong order momentum, Danya Electric Company, a Partnership firm secured a new order worth ₹18.23 Cr asstart of March 2026.

Lucknow (Uttar Pradesh) [India], March 9: In today's property market, I see many buyers entering with the wrong expectations. Social media, aggressive promotions, and market rumours often create the impression that real estate is about quick profits. In my experience, that mindset usually leads to disappointment.

New Delhi [India], March 6: Baker Tilly ASA India today marked 35 years of operations in India with the launch of its flagship publication, Doing Business in India - A Comprehensive Guide for Foreign Investors 2026. The 2026 edition comes at a pivotal moment as India consolidates its position as one of the world's most dynamic long-term capital destinations.