India–New Zealand should push for double bilateral trade in five years GTRI report

India and New Zealand should set a target to double their bilateral trade over the next five years, according to think tank GTRI. The body has recommended cutting import duties, deepening cooperation in agriculture, and improving connectivity through more direct flights and simpler visa norms. The suggestions were made on Sunday as the two countries […]

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In a first, NHAI deploys HQ officers for inspection of highways

NHAI has dispatched approximately 60 headquarters officers nationwide for on-site inspections of highway operations and maintenance. These officials are evaluating user comfort, safety, and aesthetics, and are mandated to report all identified deficiencies via the NHAI One app. This initiative aims to ensure improved maintenance standards across national highway stretches.

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Eggs in India pose no cancer risk, says food safety regulator

FSSAI has strongly refuted claims linking eggs to cancer, stating that eggs sold in India are safe. The authority clarified that the presence of nitrofuran metabolites below regulatory detection thresholds does not pose a health risk, as the use of these banned antibiotics is strictly prohibited in poultry production.

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From March 1, Air India to stop non-stops to San Francisco from Mumbai, Bengaluru

Air India is halting its non-stop San Francisco flights from Bengaluru and Mumbai starting March 1 due to aircraft deployment issues and increased costs from airspace restrictions. While Delhi services to San Francisco and Toronto will be boosted, passengers with existing bookings face uncertainty. The airline promises re-accommodation or refunds, with a possibility of restoring

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EU-Mercosur trade deal: Lula eyes January signing; EU farmer protests and member pushback delay pact

Brazilian President Lula da Silva expressed hope that the Mercosur-EU free-trade agreement will be signed in January, despite delays caused by opposition from some EU members and farmer protests. European negotiators had initially aimed for a weekend signing, but Italian Prime Minister Meloni requested more time, postponing the deal.

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Section 80G explained: CBDT issues FAQs on ITR donation deductions; what taxpayers should know

Taxpayers under the old regime can still claim deductions for charitable donations via Section 80G. New FAQs from the Income Tax Department detail verification processes, emphasizing donor-donee data matching. Remember, cash donations over Rs 2,000 are ineligible, and this benefit isn’t available under the new tax regime.

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GST notice: UltraTech Cement gets Rs 782 crore notice; company says it will contest

UltraTech Cement faces a significant Rs 782.2 crore GST demand notice from authorities for alleged short payment and improper input tax credit use between 2018-19 and 2022-23. The company, India’s largest cement producer, stated it is reviewing the order and plans to challenge it, asserting its submissions were not duly considered.

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