Centre Grants Section 54EC Tax Benefit Status to IREDA Bonds

Centre Grants Section 54EC Tax Benefit Status to IREDA Bonds

Delhi, 10 July (H.S.): The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has classified bonds issued by the Indian Renewable Energy Development Agency Ltd. (IREDA) as a ‘long-term specified asset’ under section 54EC of the Income-tax Act, 1961, effective July 9, 2025. Bonds issued by IREDA on or after this date…

India Achieves 4,000% Solar Capacity Growth : Piyush Goyal

India Achieves 4,000% Solar Capacity Growth : Piyush Goyal

Delhi, 10 July (H.S.): Union Minister of Commerce and Industry Piyush Goyal, announced a remarkable 4,000% growth in India’s solar capacity, which now totals 227 GW, during the 11th India Energy Storage Week (IESW) 2025 in New Delhi. Notably, India may be the first G20 nation to fulfill its Nationally Determined Contributions under the Paris…

Stock market closes in red ; Sensex fall 0.41% and Nifty down 0.47%

Stock market closes in red ; Sensex fall 0.41% and Nifty down 0.47%

New Delhi, July 10(HS): The domestic stock market declined for the second consecutive day, with both the Sensex and Nifty indices initially rising due to buying support before succumbing to selling pressure. The Sensex closed down by 0.41 percent and Nifty by 0.47 percent. Strong buying was noted in the realty, oil and gas, and…

Ambassador of Japan leads high-level delegation to Dholera Special Investment Region

Ambassador of Japan leads high-level delegation to Dholera Special Investment Region

Delhi, 10 July (H.S.): The Ambassador of Japan to India, Keiichi Ono, led a delegation of prominent Japanese companies to Dholera Special Investment Region (Dholera SIR), India’s prospective smart industrial city within the Delhi-Mumbai Industrial Corridor (DMIC), on July 9-10, 2025. This visit aimed to enhance industrial cooperation and mutual development between India and Japan,…

Nirmala Sitharaman to lay Foundation Stone for IICA North-East Campus in Shillong on July 11-12

Nirmala Sitharaman to lay Foundation Stone for IICA North-East Campus in Shillong on July 11-12

Delhi, 10 July (H.S.): The Indian Institute of Corporate Affairs (IICA), under the Ministry of Corporate Affairs, Government of India, will host the IICA North-East Conclave 2025 on 11–12 July 2025 at IIM Shillong Campus, themed “From Ideation to Incorporation.” The two-day event aims to boost the startup and entrepreneurial ecosystem in the North-East. The…