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 th
Pune (Maharashtra) [India], February 27: India's regulatory landscape has undergone a major transformation. The four national Labour Codes, active since November 2025, combined with the Income Tax Act 2025 effective April 1, 2026, mean businesses of all sizes must act now or risk penalties a
The first round of negotiations for the India-Israel Free Trade Agreement (FTA) held from 23 to 26 February 2026 in New Delhi. The Terms of Reference (ToR) was signed in November 2025, establishing a structured framework for discussions on identified areas to enhance trade and economic co
Pune (Maharashtra) [India], February 23: Gold is more than just jewellery in India--it is a powerful financial asset that can help meet both planned and unexpected expenses. Bajaj Finance brings this potential to life with the Bajaj Finserv Gold Loan, offering quick approvals, competitive in
A Special NIA court at Patiala House Court on Friday extended the period of investigation for a further 45 days to conclude the investigation in the Delhi blast case of November 2025. The National Investigation Agency (NIA) sought a 90-day extension to complete the investigation.
Imports from India witnessed a sharper contraction, falling 31.4% year-on-year in November 2025 compared with November 2024, marking one of the steepest monthly declines among major suppliers, it said. This significant decline is indicative of the challenges faced by India's textile and appa
In November 2025, bank credit to this sector increased by 21.8% compared to a 13% increase in November 2024. Within the MSME sector, the credit extended to the micro and small enterprises has registered an increase of 24.6% (YoY) in November 2025, up from 10.2% in November 2024, data rele
As of November 2025, PSU Banks accounted for nearly 60% of the total gold loan portfolio outstanding, strengthening their leadership position over the past two years. Their growing share reflects a strategic tilt towards secured lending, as banks prioritise strong collateral amid elevated go
The United Nations Educational, Scientific and Cultural Organisation (UNESCO) has announced an emergency assistance package worth approximately USD 740,000 to support efforts to protect cultural heritage and sustain education in areas of Vietnam heavily affected by a series of severe storms
According to Punjab DGP Gaurav Yadav, the accused facilitated terror financing by routing heroin trafficking proceeds through his personal bank account and UPI credentials at the direction of a Pakistan-based smuggler. This module has been connected to major drug and arms seizures, as wel
New Delhi [India], January 16: Systematic Investment Plans (SIPs) have become a steady investing habit across India, supported by strong, recurring inflows. In November 2025, SIP contributions were ₹29,445 crores, with 9.42 crores SIP accounts contributing, indicating sustained retail partic
Special NIA court at Patiala House Court on Thursday allowed Dr. Shaheen Saeed's plea for a meeting with her lawyer in NIA custody. She is in 3 days further NIA custody till tomorrow. She was arrested in the Delhi Blast case of November 2025.