New draft of U.S. law cuts remittance tax to 1%, exempts bank and card transfers
The Hindu
Proposed U.S. legislation reduces remittance tax to 1% for NRIs, excludes bank transfers, a relief for Indian community.
Reliance Industries is considering purchasing Venezuelan oil if permitted for non-U.S. buyers, pending regulatory clarity.
BMW Group India achieves record sales of 18,001 units in 2025, driven by a 200% rise in electric vehicle sales.
India's economy is projected to grow 7.2% in 2025-26, offsetting U.S. tariff impacts with strong consumption and investment.
The source indicated, at present, India is dependent on Netherlands for such equipment.
Remmers Gruppe SE, an independent, family-owned German company into speciality construction chemicals and high-performance wood coatings, has announced to acquire 50.1% stake in Teknovace Wood Coatings Pvt. Ltd., one of India’s fastest-growing premium wood coatings companies in two trenches for ₹300 crore.
Silver prices plunge ₹12,500 to ₹2.43 lakh/kg, while gold declines ₹900 amid cautious investor sentiment ahead of key events.
43 frozen power projects worth ₹3 lakh crore completed through PRAGATI, enhancing governance and timely implementation since 2015.
Rupee drops 7 paise to 89.94 against the dollar, influenced by U.S. tariffs and weak domestic market sentiment.
Markets face a fourth day of losses as Sensex drops 780 points amid renewed U.S. trade uncertainties and foreign fund outflows.
A law used to calculate fines on the basis of a company’s global turnover will discourage breaches by multinationals, India’s antitrust watchdog told a court
Bitcoin price volatility is always a given, but analysing recent world events and coin-based trends can help us better understand the trajectory of the crypto market in 2026
Nestle recalls global infant formula over toxin risk, but assures Indian products remain safe and unaffected.
OpenAI last fall set aside an employee stock grant pool equivalent to 10% of the company, valued at $500 billion in October, The Information reported