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With regard to the new income tax forms, it said that they have been simplified to a large extent for the ease of the taxpayers. Representative Image | Photo Credit: Getty Images/iStockphoto The tax department on Saturday (February 7, 2026) released draft rules and forms under the new Income Tax Act, 2025, which proposes to…

“This breakthrough placed India firmly in the league of countries working on cutting-edge chip design, alongside companies such as AMD that have already showcased such capabilities,” Union Minister Ashwini Vaishnaw said during the Texas Instruments new product research and development inaugural event, in Bengaluru on February 7, 2026. Photo: Special Arrangement India is making significant…

Odisha Chief Minister Mohan Majhi launching the economic plan BCPPER under the Growth Hub Initiative in Bhubaneswar on Saturday. | Photo Credit: @HUDDeptOdisha/X Odisha Chief Minister Mohan Charan Majhi on Saturday (February 7, 2026) launched an ambitious development plan that brings eight urban centres under the Bhubaneswar-Cuttack-Puri-Paradeep Economic Region (BCPPER), aimed at serving as a…

The Interim Agreement between India and the U.S. will not include any item that would hurt Indian farmers, Commerce Minister Piyush Goyal said on Saturday (February 7, 2026), adding that there are several areas where Indian farmers and MSMEs have received duty-free entry into the U.S. market. India and the U.S. early Saturday (February 7,…

Image for representation | Photo Credit: AFP On February 1, Finance Minister Nirmala Sitharaman tabled the 16th Finance Commission report in the Lok Sabha, setting the framework for tax devolution between the Centre and the States. The Commission also recommended an allocation of ₹3.5 lakh crore to urban local governments (ULGs) for the next five…

A file image of Union Minister Piyush Goyal. Photo: X/@PiyushGoyal via ANI The India-U.S. trade pact will open a $30 trillion market for Indian exporters, especially MSMEs, farmers and fishermen, Commerce and Industry Minister Piyush Goyal said on Saturday (February 7, 2026). He said the increase in exports will create lakhs of new job opportunities…

U.S. President Donald Trump and Prime Minister Narendra Modi shake hands. File. | Photo Credit: Reuters The United States and India moved closer to a trade pact on Friday (February 6, 2026), releasing an interim framework that would ‍lower tariffs, reshape energy ties and deepen economic cooperation as both countries seek to ​realign global supply…

India fully protects sensitive wheat, rice, poultry under trade pact with U.S. India has fully protected sensitive agricultural and dairy products such as maize, wheat, rice, soya, poultry, milk, cheese, ethanol (fuel), tobacco, certain vegetables and meat, as no duty concessions have been granted to the U.S. on these goods under the trade agreement. “The…

Image used for representation only. | Photo Credit: Getty Images The Centre has given an official definition for what constitutes a ‘deep tech’ startup in India. A buzzword until now, the ‘deep tech’ startup, according to a gazette notification by the Department for Promotion of Industry and Internal Trade (DPIIT) made public on Thursday (February…

File picture of U.S. President Donald Trump and Prime Minister Narendra Modi. | Photo Credit: AP The White House on ​Friday (February 6, 2026) released a Joint Statement by the U.S. and India on a framework for ‌an interim trade agreement between the two countries that they said affirms their commitment to negotiations towards a…