India Inc's interest coverage ratio rises to a 3-year high on margin improvement , lower interest expenses

Indian companies showed strong financial health. The interest coverage ratio reached a 12-quarter high in March 2025. This was due to better profit ma...

Reforms express to run nonstop as FM Sitharaman backs GST, tax and banking overhauls

FM Nirmala Sitharaman has asserted India Inc's increasing investments and stable urban consumption, highlighting the government's commitment to econom...

Trump says he doesn't expect to extend July 9 tariff deadline

Trump hints at flexibility with the July 9 trade deadline. He suggests he might not need to extend it. Treasury Secretary Scott Bessent indicates some...

Flipping farm land for cash? ITAT's ruling may close India's oldest black money trick

A tax ruling has cast a shadow on the practice of using agricultural land to launder money. The Income Tax Appellate Tribunal (ITAT) questioned the no...

71% of manufacturing MSMEs say govt-skill training schemes didn't help: Report

The report observed that approximately 61 per cent of MSMEs stated that government skill and talent initiatives had not reached them, while 39 per cen...

J&K Bank appoints Ketan Kumar Joshi as new CFO

Jammu and Kashmir Bank has appointed Ketan Kumar Joshi as its new chief financial officer for a three-year term, replacing Fayaz Ahmad Ganai. Joshi br...

ET Exclusive: Atmanirbhar Bharat has shown what it can do in defenceit is beyond success, says Nirmala Sitharaman

India's economy is currently experiencing a 'Goldilocks' moment, with positive macroeconomic indicators and promising growth across various sectors. T...

G7 back new 'side-by-side' tax proposal exempting American, UK firms from global tax rules

The companies of America and UK will be exempted from certain elements of the existing global tax agreement as United States and the Group of Seven (G...

Both MD & ED of Karnataka Bank resign

Karnataka Bank's MD Srikrishnan Hari Hara Sarma and executive director Sekhar Rao resigned following auditor concerns about expenses exceeding their a...

What do RBI's new project finance norms mean for infra, real estate lending

The changes are intended to make long-term project lending, particularly in infrastructure and real estate, more viable by easing provisioning require...

RBI rate cut to support growth; when credit offtake rises, so will deposits: Axis Bank CEO Amitabh Chaudhry

Amitabh Chaudhry of Axis Bank believes India's growth remains strong despite global issues. He anticipates increased credit demand following rate cuts...

Tata Steel gets GST show-cause notice over alleged Rs 1,000 crore tax credit irregularity

Tata Steel on Sunday said it has received a show-cause-cum-demand notice from the tax department over an alleged irregular use of input tax credit wor...

Mahindra Holidays receives ₹363 crore GST demand notice over club membership tax reporting

Mahindra Holidays & Resorts India Ltd. has been served a tax demand notice of over Rs 363 crore, inclusive of penalty, concerning the reporting of IGS...

Quick commerce apps stack up extra fees to curb losses

Quick commerce cos in India are increasingly adding various fees like handling, convenience, and rain charges to customer orders to improve their unit...

Mahindra sharpens focus on scalable growth businesses

Mahindra Group is refining its growth strategy, concentrating on high-potential businesses to achieve significant returns by FY30, capitalizing on Ind...