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GST eating into cab drivers’ net earnings: IAMAI
Financial Express Pune
|February 09, 2026
APPLYING GOODS AND services tax (GST) on every ride booked through online platforms is reducing the take-home income of driver partners, and there is a need to re-look at its applicability to cab booking services, the internet platforms’ industry body IAMAI said in a letter to the government.
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The Internet and Mobile Association of India (IAMAI), which represents online firms, like Rapido, Uber, and Ola, in a letter to the Finance Ministry last month, said that the issue not only impacts private online aggregators but also government-supported digital mobility platforms like Bharat Taxi.
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Financial Express Pune
Birla raises Vi stake via open market purchases
ADITYA BIRLA GROUP Chairman Kumar Mangalam Birla has increased his personal stake in Vodafone Idea through open market purchases.
1 mins
February 11, 2026
Financial Express Pune
India seizes three tankers in first action against dark fleet
THE COAST GUARD seized three tankers that it said were involved in oil smuggling, the first sign of the country getting tough on the so-called dark fleet.
1 min
February 11, 2026
Financial Express Pune
India to scrap digital tax, ease online trade rules
THE US HAS said that India will remove its digital services taxes and negotiate rules that prohibit the imposition of customs duties on digital transmissions.
2 mins
February 11, 2026
Financial Express Pune
Just two hours: New IT Rules trim deepfake takedown time
AI LABELLING MANDATE EASED AFTER INDUSTRY PUSHBACK
1 min
February 11, 2026
Financial Express Pune
Carlyle to invest ":2,100 crore in Edelweiss home finance arm
e Aditya Puri to make personal investment in the transaction
1 min
February 11, 2026
Financial Express Pune
Oct-Dec joblessness at 3-quarter low of 4.8%
THE UNEMPLOYMENT RATE (UR) among persons aged 15 years and above declined to 4.8% in the October-December quarter of 2025-26, the lowest print so far in the current financial year, according to the quarterly Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation on Tuesday.
1 mins
February 11, 2026
Financial Express Pune
Titan's profit soars 61% as gold sizzles
TITAN ON TUESDAY reported a consolidated net profit of %1,684 crore for the December quarter, posting a 61% year-on-year rise in bottomline and beating Street estimates by a wide margin.
1 min
February 11, 2026
Financial Express Pune
“Personalised luxury is the new buzz”
INTERVIEW: HARDEEP SINGH BRAR, PRESIDENT & CEO, BMW GROUP INDIA
3 mins
February 11, 2026
Financial Express Pune
Sebi stalls entry of NCDEX, MSE into options segment
CAUTIOUS MOVE
1 min
February 11, 2026
Financial Express Pune
Small firms steal the show
SMALL AND MID-SIZED companies have turned in a much better performance than their bigger counterparts so far this earnings season, reports Kishor Kadam.
1 min
February 11, 2026
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