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Eli Lilly to Invest $1 Billion in Telangana Pharma Hub

Eli Lilly to Invest $1 Billion in Telangana Pharma Hub: US-based pharma giant Eli Lilly has announced a $1 billion investment in Telangana, strengthening Hyderabad’s role as a global pharma hub. The move reflects rising investor confidence in the state’s ecosystem and is expected to significantly expand global supply chains for key medicines.The announcement came […]

India Launches UPI at Supermarkets in Qatar

India Launches UPI at Supermarkets in Qatar: UPI (Unified Payments Interface) has been launched at Lulu Group’s supermarkets in Qatar. The launch was led by Commerce and Industry Minister Piyush Goyal, and comes just weeks after UPI was introduced at Hamad International Airport’s duty-free stores. With this, Qatar becomes the eighth country to adopt UPI, […]

Presumptive Taxation

Presumptive Taxation: NITI Aayog, in its first Tax Policy Working Paper (2025), proposed an optional presumptive taxation regime for foreign firms to reduce litigation, simplify compliance, and bring certainty on Permanent Establishment (PE) disputes. Taxation based on a fixed deemed profit percentage of gross receipts, instead of detailed profit attribution through transfer pricing or functional […]

Centre raises MSP for all mandated Rabi crops in 2026‑27 season

Centre raises MSP for all mandated Rabi crops in 2026‑27 season: The Union Cabinet, led by Prime Minister Narendra Modi, has approved a significant Minimum Support Price (MSP) hike for all mandated Rabi crops for the 2026‑27 marketing season. This decision aims to ensure better returns for farmers and promote crop diversification. Alongside this, a […]

GST collections for September 2025 rose by 9.1%

GST collections for September 2025 rose by 9.1%: Goods and Services Tax (GST) collections for September 2025 reached ₹1.89 lakh crore, marking a 9.1% year-on-year increase and 1.5% growth over the previous month. This growth comes despite recent tax rate reductions under the GST 2.0 reforms, suggesting sustained consumption and robust tax compliance. The September […]