Tag: India
New Income Tax Act 2025: How India’s biggest tax overhaul in 64 years makes life easier for taxpayers
India's new Income Tax Act 2025 replaces the 64-year-old tax law with simpler rules, fewer sections, and easier compliance. Here's what it means for salaried employees, small businesses, and common taxpayers.
India’s semiconductor market set to hit $300 billion by 2035: Deloitte report
Deloitte predicts India’s semiconductor market to reach $300 billion by 2035, fueled by AI, automotive, and electronics manufacturing, with local production meeting 60% of domestic demand.
As Petrol prices shoot up across the world, India shields its citizens from any impact keeping prices stable
Of course, the challenge is not over. If the Iran war continues and global oil prices remain elevated for a prolonged period, India too may eventually face pressure to adjust domestic fuel prices.
Government of India’s ₹33,660 crore bet on manufacturing: What BHAVYA means for the future of industrial growth
The Union Cabinet's approval of the Bharat Audyogik Vikas Yojana, widely known as BHAVYA, represents a direct and well-funded answer to that gap.
Government approves ₹2,585 crore small hydro power scheme to add 1,500 mw capacity by 2031
The Union Cabinet has approved a ₹2,585 crore Small Hydro Power Development Scheme (FY 2026–31) to add 1,500 MW capacity across India, focusing on hilly and Northeastern regions for sustainable, low-impact clean energy expansion.
India’s oil problem: What rising crude prices mean for your wallet and the economy
India’s Chief Economic Advisor V Anantha Nageswaran tells Parliament that crude oil prices up to $90/bbl have “almost insignificant” impact on India’s economy, but if prices stay at $130 for 2–3 quarters, inflation could jump to 5.5% and growth could fall to 6.4%.