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Centre's gross tax receipts rise 2.8% in H1FY26

Financial Express Delhi

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November 01, 2025

THE CENTRE'S GROSS tax revenue (before devolution to states) grew by asubdued 2.8% to ₹18.65 lakh crore in the first half of FY26, dragged down by lacklustre performance in both direct and indirect taxes.

- FE BUREAU

This pace falls well short of the 12.5% annual growth required to meet the FY26 target of ₹42.7 lakh crore.

Corporate tax collections inched up just 1% to ₹4.7 lakh crore, far below the 10% growth needed to reach the full-year goal of ₹10.82 lakh crore.

FLERE HISTORIER FRA Financial Express Delhi

Financial Express Delhi

'We are intentionally focused on underserved regions'

Piramal Finance is gearing up for its next phase of expansion with a foray into the gold loan segment by March 2026.

time to read

2 mins

November 06, 2025

Financial Express Delhi

Japanese carmakers rev up investment in India to cut China reliance

TOYOTA, HONDA AND Suzuki are spending billions of dollars to build new cars and factories in India, a sign of the country’s growing importance as a manufacturing hub as Japanese automakers redraw global supply chains to reduce dependence on China.

time to read

3 mins

November 06, 2025

Financial Express Delhi

China bans foreign AI chips from state-funded data centres

THE CHINESE GOVERNMENT has issued guidance requiring new data centre projects that have received any state funds to only use domestically-made artificial intelligence chips, two sources told Reuters.

time to read

2 mins

November 06, 2025

Financial Express Delhi

Next NHAI InvIT by month-end, to target ₹8,000-crore mop-up

THE BIDDING PROCESS for the fifth round of monetisation through infrastructure investment trust (InvIT) route by the National Highways Authority of India (NHAI) will start by the end of this month.

time to read

1 mins

November 06, 2025

Financial Express Delhi

Large firms see slower Q2 growth

BIGGER FIRMS DON'T seem to have done as well as the rest of the companies this earnings season, going by the numbers that are out so far, reports Kishor Kadam.

time to read

1 min

November 06, 2025

Financial Express Delhi

India to cut direct Russian oil imports

INDIA IS SET to reduce its direct imports of Russian crude from late November, following new US sanctions on Rosneft and Lukoil, effective November 21.

time to read

1 min

November 06, 2025

Financial Express Delhi

Insolvent companies may get back assets attached by ED

EXPERTS SAID THAT the circular guides IPs on the protocol to be adopted in cases where assets of the corporate debtor are attached under the PMLA.

time to read

2 mins

November 06, 2025

Financial Express Delhi

Low prices, dumping hurt industry: Steel secy

LOW PRICES AND dumping of substandard steel were hurting the domestic steel industry, steel secretary Sandeep Poundrikhas said.

time to read

1 min

November 06, 2025

Financial Express Delhi

The flaw AI can't fix (yet)

INDIAN STARTUPS ARE WORKING TO DEVELOP TOOLS THAT COMBAT AI HALLUCINATION

time to read

2 mins

November 06, 2025

Financial Express Delhi

From Chhoti Bahu to Dhoom Machale

ZOHRAN MAMDANI CREATED history after New Yorkers elected him their first Muslim and South Asian-origin mayor.

time to read

1 min

November 06, 2025

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