Category: business

May 9 (BNP): India has called for the early resolution of implementation-related issues in its trade agreement with the European Free Trade Association (EFTA) to ensure that businesses on both sides can fully benefit from the pact, according to an official statement. The India–EFTA Trade and Economic Partnership Agreement...

New Delhi, May 9 (BNP): India’s newly introduced Income Tax Act 2025 is being positioned as one of the country’s most significant tax simplification reforms in recent years, with the government focusing on making tax filing easier, clearer, and more accessible for ordinary citizens. Speaking at a taxpayer awareness...

New Delhi, May 9 (BNP): Commerce Secretary Rajesh Agarwal concluded an official visit to Switzerland aimed at strengthening bilateral trade and investment ties and accelerating the implementation of the India–EFTA Trade and Economic Partnership Agreement (TEPA). The visit underscored India’s commitment to deepening economic engagement with Switzerland and the...

New Delhi, May 9 (BNP): India’s ornamental fisheries sector is witnessing rapid growth, supported by increasing global demand, rich aquatic biodiversity, and focused government initiatives under the Pradhan Mantri Matsya Sampada Yojana (PMMSY). With ornamental fish exports estimated at nearly ₹41 crore, the sector is steadily emerging as a...

New Delhi, May 9 (BNP): Indian equity markets closed the week on a positive note, with benchmark indices Nifty and Sensex recording strong gains amid improving investor confidence. Market sentiment remained upbeat throughout the week, supported by easing global crude oil prices, a strengthening rupee, and encouraging global market...

May 8 (BNP): Gold and silver prices traded higher on Friday, gaining up to 1 per cent in domestic and international markets, as renewed geopolitical tensions between the United States and Iran boosted demand for safe-haven assets. On the Multi Commodity Exchange (MCX), gold futures (June 5 contract) opened...

May 8 (BNP): India’s mining industry is entering a new phase of transformation, often referred to as “Mining 5.0,” with a strong emphasis on digital technologies, automation, and artificial intelligence, according to a Deloitte–ICC report. The report highlights that the sector is increasingly adopting integrated digital systems to improve...

May 8 (BNP): The Indian rupee weakened on Friday, slipping 25 paise to close at 94.47 (provisional) against the US dollar, after posting gains in the previous two trading sessions. The decline came as fresh geopolitical tensions between the United States and Iran weighed on investor sentiment. Forex market...

May 8 (BNP): A rise in LPG prices along with a sharp increase in tomato rates led to higher costs for both vegetarian and non-vegetarian thalis in April, according to a Crisil report. The report observed that household food expenses were impacted by costlier cooking gas and seasonal spikes...

May 8 (BNP): A United Nations expert panel has called on countries to adopt broader ways of measuring national progress, arguing that Gross Domestic Product (GDP) alone does not fully reflect people’s well-being or long-term development. According to the panel, while GDP remains an important indicator of economic activity,...