Finance Minister Nirmala Sitharaman has kept income tax slabs unchanged for FY 2026–27, continuing the same structure that applied in FY 2025–26 under both the new tax regime and the old tax regime. With the new Income Tax Act set to come into force in the coming months, expectations of major tax relief were already…

India has pushed back firmly against U.S. claims that it will stop buying Russian oil amid a new trade deal with Washington, insisting that energy security for 1.4 billion Indians is its “supreme priority.” New Delhi’s Ministry of External Affairs said decisions on crude imports are driven by market realities, not political pressure, and that…