New Delhi, April 1 (IANS) Prime Minister Narendra Modi, on Wednesday, chaired a special meeting of the Cabinet Committee on Security (CCS) at his residence to review the impact of the on-going West Asia conflict and assess measures to protect India’s economy, energy security, and citizens from its ripple effects. This was the second such high-level review meeting since the conflict erupted on February 28, 2026.The meeting focused on ensuring uninterrupted supply of essential commodities and miti…
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New Delhi, April 1 (IANS) The government on Wednesday announced the extension of the Rebate of State and Central Taxes and Levies (RoSCTL) Scheme for exports of apparel, garments and made-ups until September 30, 2026, or until the scheme is approved under the 16th Finance Commission cycle, whichever comes earlier.The extension will continue under the existing guidelines without any changes, the Ministry of Textiles said.Launched on March 7, 2019, the RoSCTL scheme aims to refund embedded state a…
New Delhi, March 31 (IANS) The Central Board of Indirect Taxes and Customs has operationalised comprehensive reforms to streamline e‑commerce exports and courier-based trade, including the removal of the Rs 10 lakh value cap per courier consignment, the government said on Tuesday.The reforms, effective April 1, are expected to significantly boost exports, especially for e-commerce exporters, by allowing greater flexibility in shipment value and enabling seamless exports through the courier mod…
New Delhi, March 31 (IANS) The government has notified the Finance Act 2026 to bring into effect the financial proposals of the Union Budget for 2026-27.A gazette notification issued by the Ministry of Law and Justice stated: “The Finance Act 2026 received the assent of the President on March 30, 2026 and is hereby published for general information.”The Parliament on Friday approved the Finance Bill 2026 with the Rajya Sabha returning it to the Lok Sabha by a voice vote, completing the legislati…
Bhopal, March 30 (IANS) Chief Minister Mohan Yadav on Monday stated that Madhya Pradesh is emerging among the top three states in the country in terms of strength, economic stability, and sound financial management.He said that the state government is providing every possible support and guidance to entrepreneurs, encouraging them to move forward. Yadav added that the doors are open to investors from across India and the world, and the government is ready to welcome them with industry-friendly p…
Adoor, March 30 (IANS) Launching his Assembly election campaign in Kerala, Congress leader Rahul Gandhi on Monday struck an aggressive note, alleging a “hidden understanding” between the ruling Left and the BJP, even as he rolled out a series of welfare promises for voters ahead of the April 9 polls.Addressing a large gathering in Adoor in the sweltering heat, Rahul Gandhi thanked supporters for turning up in big numbers and framed the electoral battle as a direct contest between the UDF and a t…
New Delhi, March 29 (IANS) Apex business chamber CII on Sunday lauded the swift action taken by the Government of India for a coordinated and well-calibrated response to the disruptions arising from the West Asia crisis, and called on industry to complement these efforts through responsible and constructive action.CII observed that the present situation represents a supply-side disruption, with pressures transmitted through energy costs, logistics and working capital cycles. While the policy res…
Kolkata, March 28 (IANS) Home Minister Amit Shah on Saturday released the Bharatiya Janata Party (BJP)’s 35-page ‘white paper’ on 15 years of Trinamool Congress rule in West Bengal, highlighting five major issues — “infiltration”, “systemic corruption and institutional collapse”, “economic and industrial decline”, “safety and rule of law”, and “collapse of social infrastructure”.On the issue of infiltration, the “white paper” claimed that 569 km of the 2,216.7 km i…
New Delhi/Gwalior, March 28 (IANS) Adani Defence & Aerospace, a leading player in India’s aerospace and defence, has delivered 2,000 indigenously manufactured ‘Prahar’ Light Machine Guns (LMGs) 7.62 mm to the Indian Army, marking a significant milestone in India’s small arms manufacturing capability, it was announced on Saturday.Looking ahead, the Gwalior facility is also geared to manufacture close quarter battle (CQB) weapons for the Indian Armed Forces, further expanding India’s ind…
New Delhi, March 28 (IANS) The Central Board of Indirect Taxes and Customs held a hybrid outreach programme on the Duty Deferment Scheme for eligible manufacturer importers to speed clearances, an official statement said on Saturday.The statement from the Ministry of Finance said the scheme allows eligible manufacturer importers to clear goods without upfront duty payment and to pay duties on a monthly basis.Customs officials, representatives from trade bodies, industry, and key stakeholders par…