Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    Rupee rises 17 paise to close at 95.18 against US dollar
    Indian officials to testify before US Trade Representative to counter tariff move
    Nagaland gets first UIDAI Aadhaar Seva Kendra as enrolment lags national average
    Targeting 16-17 pc growth in goods exports, 11 pc in services in FY27: Goyal
    ED auctions seized business jet for Rs 3-cr in Ponzi case
    India's forex kitty drops USD 5.65 bn to USD 666.93 bn
    DPIIT Engages with Startups under FICCI Mercedes-Benz Bharat Innovation & Business Ideas Challenge Programme
    NCLT to admit case only if debt, default established: Insolvency & Bankruptcy (Amendment) Act
    Rupee rises 14 paise to close at 95.21 against US dollar
    Mumbai's first desalination project underway; water tariff to rise marginally: Minister
    ICAR panel to study Totapuri mango price crash in Andhra Pradesh
    SC halts Delhi government's CAG audit of private discoms
    Rupee rises 19 paise to 95.16 against US dollar in early trade
    RBI tells Par panel that virtual digital assets like cryptocurrency a threat to economy
    From first arrival in 1790 to present - diaspora group traces Indian-American journey
    Meghalaya recorded 32 crore digital transactions in 2025-26: Official
    ED attaches Rs 58-crore assets of wife of Bhushan Steel's ex-promoter
    Power tariffs to remain unchanged in UP for 7th straight year: Govt
    Strict action to be taken against ministers, MLAs involved in corruption: Bihar CM
    Himachal's first-ever export shipment of cherries and plums reaches Oman
❯❯
MaximizeMaximizeMaximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

    +

    Are you sure you want to delete "My most important" ?

    NOTE:

    News
    Showing Results for :
    Reset Filters
    Results Found:
    Show All SummariesHide All Summaries
    July 3, 2026
    Show AI Summary
    Rupee gains amid weaker dollar index and reserve rebuilding, even as importer demand keeps pressure on the currency.
    The rupee appreciated against the US dollar as the dollar index retreated from recent highs and domestic equities remained positive, though the currency continued to face pressure from strong dollar demand by importers and corporate hedgers. Foreign exchange reserves were reported to have declined, with the Reserve Bank of India stated to be actively purchasing dollars to rebuild reserves.
    July 3, 2026
    Show AI Summary
    Forced labour tariffs face Indian challenge over alleged legal flaws and compliance-based export supply chains.
    India is preparing to contest a proposed US tariff action linked to allegations of forced labour in export supply chains, arguing that the underlying findings are legally flawed and fail to consider the effect on American businesses and consumers. Industry bodies have said that India's domestic legal regime is robust and that export supply chains operate within established compliance systems emphasising traceability, supplier due diligence, independent audits and responsible sourcing. Sectoral submissions also state that forced labour is inconsistent with legitimate operating practices.
    July 3, 2026
    Show AI Summary
    Aadhaar enrolment and biometric updates gain push with Nagaland's first Seva Kendra to widen public access.
    Nagaland's first UIDAI Aadhaar Seva Kendra was inaugurated at Dimapur to improve Aadhaar enrolment and update services in the state, where enrolment remains well below the national saturation level. The centre is intended to make Aadhaar services more accessible to the public and to support wider coverage across districts where enrolment rates continue to lag.
    July 3, 2026
    Show AI Summary
    Export growth targets set for merchandise and services as India aims for a one trillion dollar total export milestone.
    India has set export growth targets for the current fiscal year, aiming for 16-17 per cent growth in merchandise exports to USD 530 billion and 11 per cent growth in services exports to USD 470 billion in 2026-27. The overall target for total exports has been fixed at USD 1 trillion for the fiscal year.
    July 3, 2026
    Show AI Summary
    Money laundering investigation allows auction of seized aircraft for investor restitution under anti-money laundering law.
    Enforcement Directorate auctioned a seized business aircraft in a money-laundering investigation arising from alleged investor fraud through a Ponzi scheme. The aircraft was sold after the agency sought permission to dispose of the property under the Prevention of Money Laundering framework and the adjudicating authority allowed the auction. The sale proceeds are stated to be available for restitution to genuine investors in accordance with the Prevention of Money Laundering Act, subject to leave of the Special Court.
    July 3, 2026
    Show AI Summary
    Foreign exchange reserves decline as gold reserves fall sharply and central bank data shows weaker currency assets.
    India's foreign exchange reserves declined during the reporting week ended June 26, falling by USD 5.654 billion to USD 666.933 billion. The decrease was driven mainly by a sharp fall in gold reserves, which dropped by USD 5.394 billion, while foreign currency assets also edged down. Smaller reductions were recorded in special drawing rights and the reserve position with the IMF. The article notes that earlier reserve gains were followed by weeks of decline as the rupee came under pressure and market intervention involved dollar sales.
    July 3, 2026
    Show AI Summary
    Startup mentoring and compliance support framework advances ecosystem growth through funding, legal guidance, and market readiness support.
    A structured post-funding mentoring and handholding framework has been announced for the selected startups, covering business, regulatory, financial, legal, investment and technology support. The framework includes specialised mentoring on regulatory and legal compliance, taxation, fund utilisation, fundraising strategy, valuation, term sheet negotiations, data privacy, cybersecurity and intellectual property protection, together with Demo Days and the Sounding Board Programme to improve market readiness, strategic positioning and partnership opportunities.
    July 3, 2026
    Show AI Summary
    Debt and default threshold shape insolvency admission under the amended framework, alongside new approval and resolution requirements.
    The Insolvency and Bankruptcy (Amendment) Act 2026 is described as requiring debt and default to be established before the National Company Law Tribunal admits a case. The amended framework also alters security interest creation, restructures insolvency administration, requires CCI approval before submission of a resolution plan, and requires the committee of creditors to record reasons while approving a plan. Certain features, including cross-border insolvency and CIIRP, are stated to be not yet in force.
    July 3, 2026
    Show AI Summary
    Rupee appreciation reflects weaker dollar index, even as importer demand and foreign outflows keep pressure on the currency.
    The rupee appreciated against the US dollar in interbank foreign exchange trade, supported by a weaker dollar index and gains in domestic equities, but remained under pressure from dollar demand by importers and corporate hedgers. It moved within a narrow range before closing stronger at 95.21 against the US dollar, while market commentary noted Reserve Bank of India dollar buying to rebuild foreign exchange reserves and continued foreign investor selling in Indian equities.
    July 3, 2026
    Show AI Summary
    Desalination project for Mumbai's water supply advances with limited tariff increase and key approvals secured.
    Mumbai's first desalination project has moved ahead with a work order issued and key approvals secured to strengthen the city's drinking water supply. The project, undertaken for the Brihanmumbai Municipal Corporation by an expert firm, is intended to meet rising demand through an alternative source as existing dam-based supplies become insufficient. The government says the tariff impact will be limited, while remaining statutory clearances are still being processed.
    July 3, 2026
    Show AI Summary
    Totapuri mango price crash prompts review of value chain, farmer incomes, processing capacity and export bottlenecks.
    A high-level committee under the Indian Council of Agricultural Research has been constituted to study the sharp fall in Totapuri mango prices in Andhra Pradesh and the distress caused to growers. The panel will review the Totapuri mango value chain across cultivation, processing, marketing, domestic trade and exports, examine cultivation costs, farmer incomes, processing capacity utilisation, demand-supply trends, and the causes of the price decline in domestic and export markets, and identify bottlenecks and opportunities across the sector.
    July 3, 2026
    Show AI Summary
    CAG audit of private discoms raises legality questions over regulatory assets and tariff recovery framework.
    A dispute concerns the legal permissibility of the Delhi Electricity Regulatory Commission's initiation of a CAG audit of three private distribution companies in relation to accumulated regulatory assets recoverable through future tariffs. The matter arises from competing views on whether the audit could be entrusted to the Comptroller and Auditor General or whether the statutory framework required appointment of an independent chartered accountant instead. The proceedings also involve the broader issue of accumulation and liquidation of regulatory assets, with the status of the audit and related steps remaining under judicial consideration.
    July 3, 2026
    Show AI Summary
    Rupee pressure persists despite weaker dollar and crude, as import demand and reserve rebuilding limit gains.
    The rupee appreciated in early interbank trade as the dollar index eased from recent highs and Brent crude traded lower, but the currency remained under pressure from sustained dollar demand by importers and corporate hedgers. Foreign exchange commentary also indicated that the Reserve Bank of India was focused on rebuilding forex reserves, leaving less room for the rupee to strengthen freely even when external conditions were supportive. Foreign investors continued net selling in Indian equities amid global risk aversion and higher US bond yields.
    July 2, 2026
    Show AI Summary
    Virtual digital assets face regulatory resistance as the central bank warns of illegal use, tracking challenges, and economy-wide risks.
    Virtual digital assets, including cryptocurrency, were described as posing risks to an emerging economy because of potential misuse for illegal activity, difficulty in tracking offshore entities, and broader regulatory challenges. The Reserve Bank of India stated that such assets should not be legalised in India at this stage. The Institute of Chartered Accountants of India supported a comprehensive VDA law and proposed guidance on recognition, measurement, presentation, disclosure, financial reporting, and compliance frameworks.
    July 2, 2026
    Show AI Summary
    Indian-American diaspora contributions are traced through a curated history spanning migration, science, politics, business, and culture.
    Indian-American diaspora history and contributions are traced through a curated project covering 250 defining moments across 15 categories of American life. The selection is described as research-based and externally reviewed, but not comprehensive. It highlights milestones in migration, citizenship, medicine, politics, corporate leadership, entrepreneurship, yoga, science, and cuisine, illustrating the community's growing influence in the American story.
    July 2, 2026
    Show AI Summary
    Digital financial inclusion in Meghalaya expands through Jan Dhan accounts, digital transactions, and a stronger focus on cyber resilience.
    Digital financial inclusion in Meghalaya expanded through the JAM framework, Direct Benefit Transfer and Digital Public Infrastructure, with 32.76 crore digital transactions during 2025-26 and nearly 10 lakh Jan Dhan accounts. Officials said about 98 per cent of account holders had adopted at least one digital mode of transaction, and the next phase should focus on financial literacy, cyber resilience and meaningful use of digital financial services, particularly in rural areas.
    July 2, 2026
    Show AI Summary
    Money laundering attachment of assets linked to alleged fund diversion, off-books sales and bogus capital gains entries
    Attachment of assets under the Prevention of Money Laundering Act in a money laundering case linked to alleged diversion of funds from Bhushan Steel Ltd. The Enforcement Directorate attached land, part of a residential property, equity shares and bank balances standing in the name of Ritu Singal, wife of former promoter Neeraj Singal, through a provisional order valuing the properties at more than Rs 58 crore. The action arose from allegations that funds were diverted under the guise of genuine transactions and that cash generated from the off-the-books sale of zinc ingots was routed into accommodation entries and unaccounted bank deposits.
    July 2, 2026
    Show AI Summary
    Electricity tariffs remain unchanged in Uttar Pradesh as subsidy support grows and EV charging gets lower solar-hour rates.
    Electricity tariffs in Uttar Pradesh are to remain unchanged across consumer categories for the seventh consecutive year for 2026-27, with a higher tariff subsidy supporting lifeline consumers, rural and urban poor families, private tube well operators and rural metered consumers. Although a regulatory gap was identified, no tariff hike was recommended in view of regulatory surplus and improved financial management. The tariff order also retains the green energy additional tariff and introduces provisions for battery swapping stations, Battery as a Service providers and a lower tariff for EV charging stations during solar hours.
    July 2, 2026
    Show AI Summary
    Anti-corruption enforcement strengthens vigilance courts, district police stations and witness support under transparency, technology and trust.
    Strict anti-corruption enforcement will be applied against ministers, MLAs and officials found involved in corruption, with a zero-tolerance approach and action by vigilance and economic offences agencies. The state will strengthen corruption control through Transparency, Technology and Trust, establish Special Vigilance Courts, Vigilance Police Stations and Vigilance Outposts, provide transport allowance to witnesses, and promote anti-corruption awareness in schools.
    July 2, 2026
    Show AI Summary
    Export quality standards support Himachal Pradesh's first cherry and plum shipment reaching Oman, widening horticulture market access.
    Himachal Pradesh's first export consignment of fresh cherries and plums has reached Oman, marking an initial international market entry for the state's horticulture produce. APEDA's regional office ensured compliance with international quality, grading, packaging and phytosanitary standards, while coordinating farmers, farmer producer organisations, cooperatives, exporters, HPMC, state departments and logistics partners. The development is presented as a step toward better returns for farmers and wider market access for horticulturists.

    News

    Back

    All News

    Showing Results for :
    Reset Filters
      No Records Found

      News

      Back

      All News

      whatsappJoin Channel
      Showing Results for : Reset Filters

      Ethanol programme saved Rs 1.90 lakh cr in forex since 2014-15, says govt amid row over E20 fuel

      July 10, 2026

      Contents
      Summary
      Note

      Note

      -

      Bookmark

      Print

      Print

      New Delhi, Jul 10 (PTI) The government on Friday defended the ethanol-blended petrol programme amid concerns over engine damage and mileage loss in vehicles using ethanol-blended fuel, saying the scheme has helped the sugar economy, boosted farmers’ incomes and saved the country over Rs 1.90 lakh crore in foreign exchange since 2014-15.

      Addressing a conclave organised by the Grain Ethanol Manufacturers Association (GEMA), Joint Secretary in the food ministry Ashwani Srivastava said ethanol has become central to the agricultural economy by creating new markets for surplus crops and reducing India's dependence on imported crude oil.

      Ethanol-blended petrol (EBP) programme has resulted in saving of more than Rs 1.90 lakh crore of foreign exchange with the substitution of more than 310 lakh tonnes of crude oil from ethanol supply in 2014-15 up to 2026. Besides, it has also led to a net CO2 reduction of approximately 930 lakh tonne, he said.

      Srivastava said the EBP programme, which began with sugarcane-based ethanol, has ensured timely payments to cane growers and made the sugar industry more financially viable, with arrears owed to sugarcane farmers now at their lowest level ever.

      He said between 2014-15 and 2020-21, the Centre disbursed about Rs 14,600 crore in subsidies to sugar mills, including export subsidies to clear surplus stock. However, no such export subsidy has been required since 2021-22, as mills now divert surplus sugar towards ethanol production, he said.

      Srivastava said maize has emerged as the largest feedstock for ethanol production, accounting for 47 per cent of supplies to oil marketing companies in 2024-25 and 36 per cent so far in the current supply year, up from traditional sugarcane-based feedstock. This has helped maize farmers get better realisation for their crop, he said.

      He said India's ethanol production capacity has grown from about 21 crore litres in 2013-14 to around 2,000 crore litres currently.

      With crude oil prices rising amid the Middle East crisis, the 20 per cent ethanol blending has helped save foreign exchange, substituting more than 310 lakh metric tonnes of crude oil since 2014-15 and cutting net CO2 emissions by about 930 lakh metric tonnes, he said.

      Srivastava also referred to a recent Cabinet decision to reduce the permissible broken-grain content in rice supplied under the Pradhan Mantri Garib Kalyan Anna Yojana from 25 per cent to 10 per cent. He said the additional broken rice generated during milling would be available in the open market for industrial use, including ethanol production, while ensuring better-quality rice for over 50 crore PDS beneficiaries.

      He said the government's push for flex-fuel vehicles (FFVs), capable of running on ethanol blends from E20 to E100, along with the planned roll-out of E85 fuel, would give consumers flexibility and further support the ethanol blending programme.

      Meanwhile, GEMA President C K Jain said the ethanol programme was approved only after extensive research and was not a hurried decision.

      He said research on the E20 blend was carried out over four years, from 2014 to 2018, during which vehicles were driven 200,000 km on conventional fuel and another 200,000 km after switching to E20.

      "The result showed that E20 is safe for all engines. Then it was executed and implemented after technical studies, pilot projects, policy discussions, and not in haste," Jain said.

      He said discussions on the issue should be based on facts and not misconceptions. "There should always be healthy discussions, but the discussions should be on facts, not myths," he said.

      Jain said the biggest challenge facing the sector currently is not production but perception, noting that India has invested Rs 14 billion in ethanol production, compared with USD 5-6 billion spent by the US on sugarcane cultivation.

      He also called for clarity on the road map beyond E20, saying this would help improve farmer productivity. PTI LUX HVA HVA

      Topics

      ActsIncome Tax