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India is expected to remain one of the fastest-growing major economies in 2025, with growth projected at 7.4%, according to a United Nations economist. The forecast underscores the resilience of India’s economy amid global uncertainties, driven by structural reforms, supportive monetary policy, and robust domestic demand. Key Drivers of Growth Tax Reforms: Recent tax rationalization measures have streamlined compliance and boosted investor confidence. Simplified GST structures and corporate tax adjustments are expected to enhance efficiency Read More

India’s central bank, the Reserve Bank of India (RBI), has trimmed its holdings of US Treasury securities to below $200 billion, marking a significant shift in its foreign reserve management strategy. This move comes amid a global trend where central banks are diversifying away from US debt and increasing allocations to gold, seen as a safe-haven asset in times of economic uncertainty. RBI’s Strategic Shift US Treasury Holdings: RBI’s holdings have fallen below the $200 Read More

Hindustan Unilever Limited (HUL), India’s largest fast-moving consumer goods (FMCG) company, has been served with an income tax demand of ₹1,559.69 crore for the financial year 2021–22 (assessment year 2022–23). The order was issued by the Assistant Commissioner of Income Tax, Central Circle 5 (2), Mumbai, under Section 143(3) read with Section 144C(13) of the Income Tax Act, 1961. The demand notice, raised under Section 156 of the Act, was received by the company on Read More

Indian equity markets witnessed another turbulent session on January 9, 2026, as selling pressure dominated across sectors. The Nifty closed at 25,700, while the Sensex tumbled by 540 points, marking the second consecutive day of weakness. Investor sentiment remained fragile, with global cues and domestic uncertainties weighing heavily on trading activity. Market Overview Indices Performance: The Sensex ended lower by 540 points, while the Nifty settled at 25,700, reflecting widespread bearishness. Sectoral Trends: Heavyweights such Read More

India is weighing a major policy shift that could reshape its procurement landscape and signal a thaw in relations with China. According to government sources, the finance ministry has proposed scrapping restrictions imposed in 2020 that barred Chinese companies from freely bidding for government contracts. The final decision rests with the Prime Minister’s Office, which is expected to review the proposal in the coming weeks. Background of the Restrictions The curbs were introduced after a Read More