- 01 May 2026 06:03 PM
- New
Dr Lal Path Labs needs volume growth to clear its FY27 tests
Risks remain around pricing pressure in a competitive diagnostics market, continued cost pressures, and execution risks in scaling newer segments
Diagnostics major Dr. Lal Path Labs saw revenue improve 17% year-on-year to ₹703 crore in the March quarter (Q4FY26), beating consensus estimate by 5%. The jump was primarily led by higher sample volumes and better realizations.
- 01 May 2026 06:07 PM
- New
Delhi GST Detects ₹60.59 Cr Fake ITC Fraud; One Arrested
The Ministry of Finance reported a major GST enforcement action by the CGST Delhi South Commissionerate involving fraudulent availment of Input Tax Credit (ITC) worth ₹60.59 crore based on bogus invoices totaling ₹397.23 crore.
Read More- 01 May 2026 05:51 PM
- New
Gold, silver prices today: Check retail rates of 24K, 22K gold, 999 silver on 1 May in Delhi, Mumbai, Pune, others
According to MCX data, domestic spot gold prices have declined by more than 5% since the US-Iran war began on 28 February. The prices have remained volatile since, as the US and Iran continue to struggle to end the war.
Read More- 01 May 2026 05:56 PM
Centre, states collect record ₹2.43 trillion in gross April GST revenue
GST collections typically peak in the first month of the financial year. Central and state governments collected a record ₹2.43 trillion in Goods and Services Tax (GST) revenue in the first month of the financial year, data from the finance ministry showed.
Read More- 29 Apr 2026 06:13 PM
India’s economy has boomed but not generated jobs—can the country escape its ‘0.01 trap’?
With very few jobs being created by GDP expansion, India’s current path could see its economy double in size without uplifting people’s lives. There is a way out of this disappointing state of affairs, but it requires policymakers to make hard choices.
Read More- 28 Apr 2026 06:00 PM
Why Google-Adani, Reliance are turning to Vizag for building billion-dollar AI data centre hubs
Reliance Industries is set to invest $17 billion (or ₹1.6 lakh crore) to build a 1.5-gigawatt data centre cluster in Visakhapatnam, Andhra Pradesh, The Economic Times has reported. Once set up, it is expected to be India’s largest data centre cluster, after Google’s 1GW facility being built at a cost of $15 billion in the same region.
Read More- 23 Apr 2026 06:13 PM
Representation on Cancellation of GST Registration & Refund Processing
The Sales Tax Bar Association submitted a representation to the Department of Trade and Taxes, GNCT of Delhi highlighting practical issues in GST registration cancellation and refund processing. It sought clarification on whether the ₹2.5 crore ITC threshold for assigning proper officers should be calculated annually or cumulatively, noting that a cumulative approach could unfairly impact small taxpayers and delay genuine cancellation requests such as business closure or financial distress.
Read More- 21 Apr 2026 06:06 PM
Worker protests: How higher wages and the viability of industry can be the win-win India needs
Labour protests broke out in Uttar Pradesh over the absence of wage hikes, escalating into clashes with law enforcement in industrial zones like Noida.
Read More- 21 Apr 2026 06:11 PM
GSTR-3B March 2026 filing: Was the 20 April deadline extended? What happens if you miss due date?
Amid widespread reports of technical glitches, the Goods and Services Tax (GST) Network indicated on its portal that it is “considering” a one-day extension for filing GSTR-3B for the March 2026 tax period. This comes after many chartered accountants and tax professionals flagged portal issues that disrupted return filing in the final days before the deadline.
Read More- 21 Apr 2026 06:15 PM
Mastermind Arrested for ₹1,825 Crore GST Refund Fraud via Fake ITC & Bogus Exports
Officials of the Directorate General of GST Intelligence (DGGI), Ahmedabad Zonal Unit, arrested the alleged mastermind of a massive GST refund fraud of approximately ₹1,825 crore at Indira Gandhi International Airport upon his return from Dubai.
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