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    US-Iran ceasefire set to ease pressure on India's energy supplies
    Cabinet approves Investment Proposal for construction of 1200 MW Kalai-II Hydro Electric Project in Anjaw District of Arunachal Pradesh with an outlay...
    Cabinet approves Investment Proposal for construction of 1720 MW Kamala Hydro Electric Project in Kamle, Kra Daadi & Kurung Kumey Districts of Arunach...
    Cabinet approves revision in cost and investment in equity for HPCL Rajasthan Refinery Limited (HRRL), Pachpadra, District - Balotra, Rajasthan
    Rupee likely to stabilise at 92-93 level: EAC-PM chairman
    Sensex, Nifty jump nearly 4 pc on US-Iran ceasefire, correction in crude prices
    Rupee surges 47 paise to close at 92.59/USD on US-Iran ceasefire, RBI pause on policy rates
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    Deutsche Bank and Akshaya Patra Launch Pune Kitchen to Tackle Classroom Hunger
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April 8, 2026
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Strait of Hormuz supply disruption eases as ceasefire improves tanker movement and steadies India's energy imports.
A conditional ceasefire between the United States and Iran eased pressure on India's energy supplies by lowering crude prices and improving prospects for transit through the Strait of Hormuz. India had earlier reduced LPG and natural gas supplies, then partially restored them as alternative sources were secured, while directing city gas distributors to prioritise piped natural gas connections for commercial users. Shipping authorities aimed to move stranded vessels before resuming trade.
April 8, 2026
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Hydro electric project investment approval strengthens power supply, enables infrastructure development, and provides free power and local area benefits.
Investment approval is granted for construction of the Kalai-II Hydro Electric Project on the Lohit river in Anjaw District of Arunachal Pradesh, with an installed capacity of 1200 MW and an estimated completion period of 78 months. The project is expected to generate annual energy output and to strengthen power supply in the State, assist in peak demand management, and contribute to balancing the national grid. The arrangement provides for 12% free power to the State and an additional 1% earmarked for the Local Area Development Fund.
April 8, 2026
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Hydroelectric project approval strengthens power supply, grid balancing and regional infrastructure development in Arunachal Pradesh.
Cabinet approval was granted for investment in the construction of the Kamala Hydro Electric Project in Arunachal Pradesh through a joint venture between NHPC Limited and the Government of Arunachal Pradesh. The project is intended to generate energy, support power supply and peak demand management, contribute to grid balancing and provide flood moderation benefits, while also including budgetary support for flood moderation and enabling infrastructure. The State is stated to receive free power, a Local Area Development Fund share and wider infrastructure and socio-economic benefits.
April 8, 2026
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Refinery cost revision and equity investment support a greenfield petrochemical complex aimed at energy security and import reduction.
Revision of the project cost for HPCL Rajasthan Refinery Limited at Pachpadra, District Balotra, Rajasthan, has been approved, along with additional equity investment by Hindustan Petroleum Corporation Limited. The project is a 9 MMTPA greenfield refinery-cum-petrochemical complex with 2.4 MMTPA petrochemical production capacity, implemented through a joint venture between HPCL and the Government of Rajasthan. The refinery is intended to support energy and industrial requirements, reduce import dependence, use locally available Mangala crude, and promote India as a refining hub.
April 8, 2026
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Rupee stability and macroeconomic resilience support expectations of steady growth, manageable deficits and appropriate policy rates.
Indian rupee is expected to stabilise around the 92-93 level against the US dollar, after pressure from global uncertainties, geopolitical tensions and foreign institutional investor withdrawals. India's economic resilience, strong macroeconomic fundamentals and fiscal space were described as cushioning the economy against external shocks. The current account deficit was described as remaining manageable, the Reserve Bank of India Monetary Policy Committee's decision to keep policy rates unchanged was described as appropriate, and growth expectations were stated to remain positive.
April 8, 2026
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Monetary policy caution kept the repo rate unchanged as conflict-driven energy and inflation risks weighed on the outlook.
The Reserve Bank of India kept the benchmark repurchase rate unchanged at 5.25 per cent, taking a cautious wait-and-watch stance amid uncertainty over the impact of the West Asia conflict on energy supplies, inflation and growth. The Monetary Policy Committee voted unanimously to retain the status quo, citing higher crude prices, pressure on the rupee and trade disruption.
April 8, 2026
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Monetary policy neutrality and forex stability shape rupee gains as West Asia tensions ease and inflation risks persist.
The rupee strengthened against the US dollar after easing geopolitical tensions in West Asia and supportive domestic market sentiment. The Reserve Bank of India kept the key policy rate unchanged and retained a neutral stance, taking a wait-and-watch approach amid uncertainty over energy supplies, inflation, growth and trade flows. The central bank's projections pointed to higher crude oil prices and a weaker exchange rate in the next financial year.
April 8, 2026
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Natural diamonds celebrated through World Diamond Day as a storytelling campaign on heritage, emotion, and craftsmanship.
The Natural Diamond Council launched World Diamond Day as a global awareness initiative to celebrate the personal, emotional, and heritage value of natural diamonds. The campaign invited artisans, manufacturers, retailers, consumers, and industry stakeholders to share authentic stories about diamonds as symbols of love, milestones, memory, legacy, and craftsmanship. A dedicated toolkit and optional creative assets were made available to participants, while the campaign message emphasised that natural diamonds are timeless heirlooms carrying meaning across generations.
April 8, 2026
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Auto-sweep banking product launches with higher returns on idle balances and anytime liquidity across savings, current and NRO accounts.
CSB Bank launched its Smart Save Account as its first retail offering after upgrading its core banking platform. The product is available in Savings, Current and NRO variants and is designed to improve returns on idle balances while preserving liquidity. It includes an auto-sweep mechanism that transfers surplus funds into fixed deposits, with interest of up to 7% on 13-month sweep-in deposits and no lock-in, so funds remain accessible when needed.
April 8, 2026
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Low interest rates and cautious monetary policy shape the Reserve Bank's stance amid inflation stability and market volatility.
Interest rates are expected to remain low in the medium to long term in view of benign inflationary conditions and strong macroeconomic fundamentals. The Reserve Bank has kept the benchmark repurchase rate unchanged while adopting a cautious wait-and-watch approach to assess the impact of the West Asia conflict on energy supplies, inflation, growth, the rupee and trade flows. Banks have transmitted earlier rate cuts to lending and deposit rates, and currency market steps were said to be temporary measures to curb excessive volatility.
April 8, 2026
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India's GDP growth projection stays resilient despite West Asia conflict, with exports and inflation facing downside risks.
Reserve Bank projected India's GDP growth for the current financial year at 6.9 per cent, noting downside risks from elevated commodity prices, higher energy costs, and supply-chain disruptions linked to the West Asia conflict. Merchandise exports may be affected by shipping, freight and insurance costs, while domestic demand is expected to be supported by services-sector momentum, GST rationalisation, manufacturing capacity utilisation, and healthy financial and corporate balance sheets.
April 8, 2026
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Governance and conduct review found no material concerns in HDFC Bank's supervisory assessment and board review.
The Reserve Bank stated that its supervisory inspection of HDFC Bank did not reveal any governance or conduct-related issues, and that review of the bank's meeting minutes also disclosed no matter of material concern. The RBI reiterated that there were no material concerns on record regarding the bank's conduct or governance, describing HDFC Bank as a Domestic Systemically Important Bank with sound financials, a professionally run board, and a competent management team.
April 8, 2026
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Market rally and unchanged RBI policy follow easing geopolitical stress and a sharp fall in crude oil prices.
Equity markets rallied sharply after a US-Iran ceasefire and a fall in crude oil prices reduced concerns over energy supply disruption and inflation pressure. The Reserve Bank of India kept the benchmark repurchase rate unchanged and maintained a cautious wait-and-watch stance, citing uncertainty from the West Asia conflict, its impact on energy supplies, inflation, growth, the rupee, and trade flows.
April 8, 2026
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Monetary policy stance remains neutral as the policy repo rate is held unchanged amid supply shocks and inflation risks.
The Monetary Policy Committee kept the policy repo rate unchanged at 5.25 per cent, retained the standing deposit facility rate at 5.00 per cent, the marginal standing facility rate and Bank Rate at 5.50 per cent, and continued a neutral stance. The decision was based on resilient domestic growth, contained headline inflation, and heightened uncertainty from geopolitical tensions, supply-chain disruption, energy price pressures, and weather-related risks affecting the inflation and growth outlook.
April 8, 2026
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Personal jurisdiction and extraterritorial reach challenged in SEC fraud action over Indian bond offering and alleged misstatements.
Personal jurisdiction and extraterritorial reach were challenged in a US SEC fraud action arising from an Indian solar-energy bond offering. The defendants argued that the securities were sold outside the United States under Rule 144A and Regulation S, the issuer and alleged conduct were Indian, and the complaint failed to plead a domestic transaction, minimum contacts, or an actionable US nexus. They also denied credible evidence of bribery, asserted no investor losses, and contended that the relied-upon statements were non-actionable corporate puffery.
April 8, 2026
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Monetary policy stance held steady as the RBI weighs energy shocks, inflation risks and growth uncertainty from geopolitical tensions.
The Reserve Bank of India retained the benchmark repurchase rate and the neutral monetary policy stance, adopting a wait-and-watch approach in view of heightened geopolitical uncertainty arising from the West Asia conflict. The central bank assessed the possible effects of disrupted energy supplies, higher crude prices, rupee weakness, supply-chain disruptions and freight-cost pressures on inflation, growth and the current account, while noting that inflation remained within the target band for the time being. It also indicated that the economy faced a supply shock and that the full impact of the conflict would become clearer over the coming months.
April 8, 2026
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Monetary policy remains neutral as the repo rate stays unchanged, with growth and inflation projections set for FY27.
The Reserve Bank's first bi-monthly monetary policy for fiscal 2026-27 kept the repo rate unchanged at 5.25 per cent and retained a neutral monetary policy stance. It projected GDP growth at 6.9 per cent for FY27 and inflation at 4.6 per cent, while noting that the West Asia crisis and elevated energy and commodity prices may weigh on domestic economic activity and production. The Reserve Bank said it would remain proactive in ensuring sufficient liquidity in the banking system.
April 8, 2026
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Retail inflation outlook remains within target as the repo rate stays unchanged amid supply and price pressures.
Retail inflation is projected at 4.6 per cent for the current financial year, within the government-mandated target range. Quarterly CPI-based inflation is estimated at 4 per cent in the first quarter, 4.4 per cent in the second, 5.2 per cent in the third and 4.7 per cent in the fourth, while headline inflation remains contained and below target. The Monetary Policy Committee kept the repo rate unchanged at 5.25 per cent amid geopolitical uncertainty, energy price pressures, weather-related food risks and supply chain dislocations.
April 8, 2026
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School meal partnership expands nutritious mid-day meals through a centralised kitchen, improving classroom attendance and child nutrition.
Deutsche Bank, under its CSR programme in India, partnered with The Akshaya Patra Foundation to inaugurate a centralised kitchen in Pune for the PM POSHAN initiative. The facility is designed to provide hot, nutritious mid-day meals to 25,000 children in 29 government and government-aided schools, supporting classroom attendance, nutrition outcomes, and access to education. The kitchen operates as a food-safe and hygiene-compliant unit with electric meal-delivery vehicles, reflecting environmental sustainability alongside social impact.
April 8, 2026
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GDP growth projection moderates as supply chain disruption, commodity prices and global volatility weigh on domestic outlook.
India's real GDP growth for 2026-27 is projected at 6.9 per cent, with quarterly estimates of 6.8 per cent in Q1, 6.7 per cent in Q2, 7.0 per cent in Q3 and 7.2 per cent in Q4. The projection reflects elevated commodity and energy prices, supply chain disruptions, and higher freight and insurance costs, while domestic demand is supported by services activity, GST rationalisation, manufacturing capacity utilisation, and healthy financial sector and corporate balance sheets.

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Michigan State University collaborates with TimesPro to introduce Master Certificate in Global Supply Chain Management

April 10, 2026

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24-week online programme brings Michigan State University’s supply chain expertise to professionals seeking sharper capability across procurement, logistics, operations and global strategy New Delhi [India], April 10: The Broad College of Business at Michigan State University(MSU) has collaborated with TimesProto launch the Master Certificate in Global Supply Chain Management in India, bringing together the academic depth of a globally respected supply chain institution and the industry reach of a higher edtech platform. In a collaboration that also includes MSU’s digital learning partner Bisk Education, the partnership seeks to prepare professionals for the increasing complexity of modern supply networks by building stronger capabilities in procurement, logistics, operations and international supply chain strategy.

Designed as a 24-week online learning experience, the programme combines self-paced study with live faculty engagement to help participants build a rounded understanding of supply chain management in a global context. The curriculum addresses key areas such as procurement strategy, operational planning, logistics, supply risk, sustainability and global market dynamics, allowing learners to strengthen both conceptual clarity and applied business judgment.

The programme has been structured to suit professionals who require both academic depth and delivery flexibility. It comprises two eight-week core modules in Supply Chain Management, followed by an eight-week specialisation track. Learners may choose between Global Supply Chain Management and Integrated Logistics Strategy, depending on their role and career focus. Over the course of the programme, participants examine how procurement, planning, operations and logistics intersect across international value chains. They also study sourcing decisions, supply-side vulnerabilities, competitive pressures and the regulatory realities that shape global trade and logistics ecosystems.

The launch comes against the backdrop of sustained growth in the global and Indian supply chain landscape. The global supply chain management market, estimated at USD 29.34 billion in 2025, is expected to rise to USD 72.82 billion by 2034, reflecting a CAGR of 10.40%.In India, the sector continues to gain momentum through digital adoption, infrastructure upgrades and policy-led manufacturing growth. The country’s export opportunity is expanding across sectors, with electronics exports to the United States alone projected to touch USD 80 billion by 2030. India’s overall exports, meanwhile, could approach USD 1 trillion by the end of the decade, reinforcing the need for professionals who can navigate large-scale, technology-enabled and globally dispersed supply systems.

David J. Frayer, Ph.D., Assistant Dean, Outreach & Engagement, The Eli Broad College of Business, Michigan State University said, “Supply chain leadership today demands far more than operational oversight; it calls for strategic thinking, cross-functional fluency and the ability to respond to global disruption with discipline and speed. Through this programme, we aim to help professionals deepen their understanding of how supply chains create value, manage risk and support long-term business resilience across increasingly interconnected markets worldwide.” Sridhar Nagarajachar, Business Head – Executive Education, TimesPro said, “As organisations place greater strategic weight on resilient and responsive supply networks, the need for rigorous, practitioner-relevant education has become more pronounced. This programme reflects our commitment to bringing globally respected learning to ambitious professionals who want to strengthen their capabilities in procurement, logistics, planning and international operations while continuing to grow within demanding career environments.” The programme is designed for professionals seeking to deepen expertise in global supply chain strategy and operations. It is particularly suited for supply chain and operations managers, logistics, procurement and sourcing professionals, and mid- to senior-level executives managing regional or global supply networks.

The first phase of the Master Certificate in Global Supply Chain Management consists of two eight-week core modules in supply chain management. These modules cover key areas such as Customer Service and Channels, Business Models and Sourcing, Forecasting, Advanced Planning and Scheduling, Inventory Management, Transportation and Warehousing, Supply Chain Integration and Performance Measurement, etc. After completing the foundational modules, participants progress into their chosen specialisation for a further eight weeks.

The learning experience follows an applied and interactive approach. Delivered in a 100% online format, the programme includes weekly sessions, online assessments, case-based instruction and collaborative discussions. TimesPro will offer the programme through its Direct-to-Device (D2D) format, allowing participants to engage with the curriculum in a seamless and accessible manner while continuing in their professional roles.

Participants will learn from Michigan State University faculty, engage with a diverse cohort of professionals and apply frameworks to practical supply chain scenarios drawn from contemporary business environments. Those who complete the required assessments will receive the Michigan State University Certificate Digital Badge.

About Michigan State University Michigan State University has been advancing the common good with uncommon will for more than 170 years. Among the world's top 100 universities and a leading U.S. public research institution, MSU pushes the limits of discovery and innovation to advance the state of Michigan and the nation, and make a better, safer, healthier world for all. The university provides life-changing educational opportunities through an inclusive academic community with more than 400 programs of study, offering nationally ranked and recognized academic, undergraduate research, residential college and service-learning programs and is a leader in study abroad among public universities.

As the nation's premier land-grant institution, MSU expands access to an outstanding education and pairs discovery with impact, translating research into real-world solutions, growing Michigan's economy and improving lives across the state and beyond.

About TimesPro TimesPro, established in 2013, is a leading Higher EdTech platform dedicated to empowering the career growth of aspiring learners by equipping them with skills to rise in a competitive world. TimesPro’sH.EdTech programmes are created to meet the rapidly changing industry requirements and have been blended with technology to make them accessible & affordable.

TimesPro offers a variety of created and curated learning programmes across a range of categories, industries, and age groups. They include employment-oriented early career programmes across BFSI, e-Commerce, and technology sectors; executive education for working professionals in collaboration with premier educational institutions like IIMs and IITs; and organisational learning and development interventions at the corporate level. TimesPro also collaborates with India’s leading organisations across varied sectors to provide upskilling and reskilling solutions to boost employability and create a robust workforce. TimesPro is a Higher EdTech initiative by The Times Group.

(Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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