Government to make audit of production facilities a must for e-rickshaws manufacturers

NEW DELHI: Tightening norms to make e-rickshaws and e-carts safer and to ensure that they comply with quality standards, the govt will make it mandatory for all manufacturers to undergo audit of their production facilities, with the latter being required to maintain proper quality control over their products from April next year.Grant of type approval…

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‘Trump frustrated with India trade talks…’: US President feels 25% tariff will ‘remedy’ the situation, says adviser; additional penalty for Russia trade ‘shortly’

Trump also announced an ‘additional penalty’ on India for its oil and arms purchases from Russia. (AI image) ‘Trump frustrated with India trade talks…’: US President feels 25% tariff will ‘remedy’ the situation, says adviser; additional penalty for Russia trade ‘shortly’US President Donald Trump is ‘frustrated’ with progress of trade deal talks and is of…

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India-US deal: Donald Trump’s tariff threats an act of ‘arm-twisting’; UK pact a ‘trendsetter’ – IIFT vice chancellor

File photo: US President Donald Trump (Picture credit: PTI) US President Donald Trump’s recent tariff warnings to India have drawn sharp criticism from Indian trade experts, with Professor Rakesh Mohan Joshi, vice chancellor of the Indian Institute of Foreign Trade (IIFT), likening them to “arm-twisting” tactics. In a strong statement as quoted by ANI, Professor…

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Banking reform push: Government weighs 5-day week; denies delay due to manpower shortage

The Indian Banks’ Association’s proposal for a five-day work week in banks, declaring all Saturdays as holidays, is under government consideration. While the finance ministry acknowledges the proposal, it clarifies that implementation is pending, denying staff shortages as a hindrance. The decision, driven by calls for improved work-life balance, awaits further consultations and final approval….

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ITR-U now online via ITR-1 & ITR-2: E-filing enabled for AY22 & AY23- what you need to know for filing updated income tax returns

The Income Tax Department has enabled utilities for filing updated income tax returns (ITR-U) through ITR-1 and ITR-2 forms for assessment years (AY) 2021-22 and 2022-23, in accordance with Finance Act, 2025.The Union Budget 2025 has extended the timeline to 48 months from the assessment year’s end for filing updated returns under Section 139 (8A)…

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India-US trade deal: Will India face 20-25% Trump tariffs from August 1? Top 10 things to know

Donald Trump administration officials have indicated that more negotiations are needed with India before a trade deal can be sealed. India-US trade deal: With just two days remaining until US President Donald Trump’s reciprocal tariff deadline, the possibility of a trade deal between India and America is dimming, though officials have not ruled out any…

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Pakistan government fast-tracks crypto rollout; eyes mainstream integration: Report

Pakistan’s government is moving swiftly toward integrating cryptocurrency into its financial ecosystem, aiming to bring digital currencies into mainstream banking, forex operations, and gold trading, according to a Wednesday media report quoted by PTI.A high-level conference held Tuesday focused on incorporating digital currencies within the formal financial framework. Pakistan Crypto Council (PCC) CEO Bilal Bin…

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