New Delhi: In a landmark move designed to radically overhaul business sentiment and foster a trust-based tax architecture, the Goods and Services Tax (GST) Council approved a sweeping package of structural and procedural reforms. Announced following the conclusion of its 57th meeting, the decisions mark a decisive shift away from stringent punitive measures toward a […]
India’s Festive E-commerce Surge: $2.5 Billion GMV Generated in Opening 48 Hours
By IANS | Published: Oct 11, 2026 The Indian e-commerce sector has once again demonstrated its formidable economic engine, with digital marketplaces recording a staggering Gross Merchandise Value (GMV) of more than $2.5 billion—approximately Rs 24,200 crore—during the initial two days of the current festive season sales. This massive surge in consumer spending, captured in […]
Meesho’s Mega Blockbuster Sale 2026 Opens with a 75% Surge in Day 1 Orders, Riding on Deep-Bharat Demand and AI-Driven Discovery
NEW DELHI — E-commerce major Meesho has officially kicked off its highly anticipated annual festive flagship event, the Mega Blockbuster Sale 2026, registering an explosive start that underscores the expanding economic footprint of India’s non-metro regions. The company announced on Saturday that opening-day orders surged by approximately 75% year-on-year, propelled by a profound, broad-based wave […]
DBS Bank India Integrates With ICEGATE 2.0 to Streamline Customs Duty and Statutory Payments for Corporate Clients
MUMBAI — In a significant move aimed at augmenting its digital transaction banking ecosystem, DBS Bank India has announced the integration of its corporate banking platform, DBS IDEAL, with the Indian Customs Electronic Gateway (ICEGATE) 2.0. This strategic enhancement enables corporate customers, importers, exporters, and logistics service providers to seamlessly process Customs Duty, Central Excise, […]
Japan Reassures Support for India’s High-Speed Rail Ambitions, Emphasizing Safety and a ‘Total Systems Approach’
NEW DELHI — As India accelerates its infrastructure modernization drive, its collaboration with Japan on the flagship Mumbai-Ahmedabad High-Speed Rail (MAHSR) project remains under intense global scrutiny. In an exclusive interview on the sidelines of the Kautilya Economic Conclave, a senior representative of the International High-Speed Rail Association (IHRA), Shukuri, addressed critical questions concerning project […]
Supreme Court Intervenes as Delhi Faces Unprecedented Clampdown Amid CJP Protest
New Delhi, October 11, 2026 — In an extraordinary special sitting held on a Sunday, the Supreme Court of India intervened to curb the sweeping security measures that brought the national capital to a virtual standstill. The court issued a stern directive to the Centre, mandating that peaceful protesters must not be subjected to illegal […]
CBDT Streamlines Tax Relief: New Amendments to Form 161 Offer Taxpayers Penalty Waivers
By Sandal Khan Business Correspondent, Zee Media Updated: October 10, 2026 In a significant move toward easing the compliance burden for taxpayers, the Central Board of Direct Taxes (CBDT) has introduced critical amendments to the regulatory framework governing penalty waivers. These changes, centered on the newly revised Form 161, provide a clearer, more accessible pathway […]
Vi Slashes "Roaming Bill Anxiety" with Industry-First Free International Roaming Across 170+ Countries
NEW DELHI — For generations of international travellers, the routine upon landing has been a universal exercise in digital anxiety. The aircraft touches down, the seatbelt sign chimes off, and millions of passengers immediately reach for their smartphones—only to hesitate. The moment mobile data is enabled on a foreign network, the psychological meter starts running. […]
Understanding EPFO Pension Rights: Navigating the Distinction Between Direct Pension and Family Pension
By Sandal Khan Business Correspondent, Zee Media Updated: October 10, 2026 For millions of employees contributing to the Employees’ Provident Fund Organisation (EPFO), the pension scheme serves as a critical pillar of post-retirement financial security. However, a pervasive myth continues to circulate among subscribers: the assumption that a beneficiary’s pension automatically transfers to family members […]
Rolls-Royce Holds Historic First-Ever Board Meeting in India, Targeting Strategic Partnership for AMCA Fighter Jet Engine Programme
NEW DELHI / BENGALURU — In a historic milestone underscoring the shifting tectonic plates of global aerospace and defense manufacturing, British engineering titan Rolls-Royce convened its full board meeting in India for the very first time. The high-profile, three-day visit serves as a definitive signal of the company’s intent to deeply integrate its operations within […]