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Highest Tax in India: Which Products Attract the Highest Tax Rate and How Many People Use Them?

India's taxation system applies significantly higher levies on luxury goods and items deemed harmful to health or society (commonly known as "sin goods"). Under...

Pakistan’s IMF Dependence and Weak Exports Keep Economy Vulnerable to Foreign Exchange Crises

Pakistan's external economic standing remains heavily tied to financial bailouts from the International Monetary Fund (IMF) and bilateral deposits from friendly nations, as persistent...

Bank Holidays October 2026: Are Banks Open or Closed on Saturday, October 3?

October kicks off with a packed schedule of festive national holidays, leaving account holders across the country curious about bank branch operations. With Mahatma...

Tata Trusts Propose Major Tata Sons Reorganisation to Exit NBFC-CIC Classification and Seek RBI Approval

Strategic Group Restructuring Proposal Tata Trusts, the philanthropic organization holding a majority stake in Tata Sons, has proposed a comprehensive corporate reorganization plan for the...

Stock Market Closing Bell: Sensex Drops Over 320 Points, Nifty Slides to 23,329 Amid Banking and IT Sell-Off

Market Reverses Early Morning Gains as Profit Booking Takes Over Indian benchmark indices ended Tuesday's trading session on a volatile note, surrendering initial morning gains...

DGTR Recommends 5-Year Extension of Anti-Dumping Duty on Aluminium Foil Imports

The Directorate General of Trade Remedies (DGTR), the trade investigation arm of the Ministry of Commerce, has recommended extending anti-dumping duties on aluminium foil...

India’s Domestic Air Passenger Traffic Falls Marginally by 0.18% in Jan-Aug 2026: DGCA

Domestic airlines carried 1,105.30 lakh passengers during the first eight months of 2026, DGCA data shows New Delhi, September 23, 2026: India’s domestic air passenger...

US Diesel Prices Soar: Donald Trump Backs Diesel Export Ban – Impact on India and Europe Explained

US President Donald Trump has expressed support for a potential ban on American diesel exports as domestic fuel prices climb to record highs. The...

UPI MDR Charges Will Not Be Passed on to Consumers: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman says Merchant Discount Rate is an ecosystem charge, not a tax or fee to be paid by UPI users. New Delhi,...

Global Oil Tanker Shortage Triggers Massive Freight Surge: Shipping Costs to India Touch Record Highs

Skyrocketing Shipping Costs Impact Key Import Routes A severe worldwide shortage of Very Large Crude Carriers (VLCCs) and oil tankers is driving up the cost...

Punjab Petrol Pumps to Stop Accepting UPI Payments Above ₹2,000 From October 16

Petrol pump dealers in Punjab oppose new MDR on high-value UPI fuel payments, citing thin profit margins and rising operating costs Article Chandigarh, September 21, 2026:...

No UPI Payments at Petrol Pumps? Traders Warn Over Possible MDR Charges

Fuel dealers and trader organizations across India have raised serious concerns over the proposed implementation of a Merchant Discount Rate (MDR) on Unified Payments...

Modi Cabinet Raises EPFO Wage Ceiling to ₹25,000, Over 51 Lakh More Workers Set to Get PF Coverage

The Union Cabinet has approved an increase in the mandatory EPFO coverage wage ceiling from ₹15,000 to ₹25,000 per month, expanding social security coverage...

UPI MDR Move Important for Long-Term Growth and Sustainability, Says PhonePe CEO Sameer Nigam

UPI MDR Move Important for Long-Term Growth and Sustainability, Says PhonePe CEO Sameer Nigam Bengaluru, September 16, 2026: PhonePe founder and CEO Sameer Nigam has...

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