Grand Vitara is E20 compatible, says Maruti Suzuki after consumer court order

IANS | July 16, 2026 8:50 PM

New Delhi, July 16 (IANS) Leading carmaker Maruti Suzuki India on Thursday said that its Grand Vitara is an E20-compatible vehicle and the company would appeal against the order passed by the District Consumer Disputes Redressal Commission, Raipur, directing the automaker to replace a customer’s vehicle.

CBDT allows taxpayers to see their foreign asset info online via AIS

IANS | July 16, 2026 8:11 PM

New Delhi, July 16 (IANS) In a significant step towards enhancing taxpayer services and promoting voluntary tax compliance, the Central Board of Direct Taxes (CBDT) has enabled display of information relating to foreign assets and income, received under the Automatic Exchange of Information (AEOI) framework, in the Annual Information Statement (AIS) of eligible taxpayers on the Income Tax e-Filing portal.

India, Finland set to deepen engagement under EU FTA: Piyush Goyal

IANS | July 16, 2026 6:53 PM

New Delhi, July 16 (IANS) Commerce and Industry Minister on Thursday met Finland's Deputy Prime Minister and Minister of Finance, Riikka Purra, and discussed strengthening economic and financial cooperation, enhancing trade and investment ties, and expanding collaboration in digitalisation and emerging sectors.

RBI compounds FEMA violations in Apothecon Pharma case

IANS | July 16, 2026 6:35 PM

New Delhi, July 16 (IANS) The Reserve Bank of India (RBI) has issued a compounding order in the case of Apothecon Pharmaceuticals Private Limited’s violations of the provisions of the Foreign Exchange Management Act (FEMA), which resulted in the closure of the ED investigation against the company with a one-time payment of Rs 40.52 lakh, according to a statement issued by the Directorate of Enforcement (ED) on Thursday.

Newgen Software’s profit plunges 41 pc in Q1

IANS | July 16, 2026 5:19 PM

New Delhi, July 16 (IANS) Newgen Software Technologies Ltd reported a sharp decline in Q1 FY27 earnings on Thursday, with net profit dropping 40.9 per cent sequentially as revenue and operating profit contracted, according to an exchange filing.

India’s infrastructure sector records robust growth, shows govt data

IANS | July 16, 2026 4:59 PM

New Delhi, July 16 (IANS) India recorded robust infrastructure growth across civil aviation, power, telecom, highways, railways and ports sectors, according to the quarterly update of the Ministry of Statistics and Programme Implementation (MoSPI) released on Thursday.