Posts

110% to 10% in 10 years: Import tariff to be cut on some vehicles, but with 2.5L annual quota

Image
from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Rg5Ab6f >

Government gets proposals to push divestment amid weak show

Image
The government is exploring new ways to increase privatization and use the money for infrastructure. Industry bodies and NITI Aayog suggest creating a wealth fund. However, past efforts have faced challenges. While some reforms are moving forward, political will is needed to revive the privatization program. Progress on asset monetization also remains slow. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/7OrqB0I >

After tax return data leak, US Treasury terminates consulting firm Booz Allen Hamilton contracts

Image
The US Treasury Department has terminated 31 contracts with Booz Allen Hamilton, totaling $21 million in obligations. This action follows the conviction of a former contractor linked to the firm for leaking sensitive IRS tax data, including President Trump's. The Treasury cited the firm's failure to implement adequate safeguards for confidential taxpayer information. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ORKrQN9 >

Key sectors eye zero-duty EU access

Image
India and the EU are poised to announce a free trade agreement, with domestic industries pushing for zero-duty access in sectors like textiles and leather to better compete with nations like Bangladesh and Vietnam. While the auto sector seeks protection against Chinese EVs, mobility-related easing for professionals is also anticipated. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Z4EcRuA >

Pak-India Business Council urges dialogue as it extends Republic Day greetings to India

Image
The Pak-India Business Council urged both nations to resume dialogue to resolve outstanding issues, extending greetings ahead of India's Republic Day. Chairman Noor Muhammad Kasuri highlighted India's development and the potential for collaborative growth, emphasizing peace, prosperity, and strengthened regional ties for the Global South. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/OmLbc15 >

Investors’ expectations from Union Budget 2026

Image
The government should definitely make a uniform policy for accredited investors but with fewer norms. And before angel investors, the government should look at F&Os as they are even riskier and more speculative. Angel investing drives capital formation. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Y4q7yce >