Several countries, including UAE, Saudi Arabia, Qatar, Kuwait, Bahrain and Oman, do not impose personal income tax. Their governments rely on revenue from their oil and gas reserves, tourism sector and indirect taxes like Value Added Tax (VAT). Further, Brunei, Bahamas, Bermuda, Cayman Islands, Monaco, Vatican City, Antigua and Barbuda, and Vanuatu also do not impose any personal income tax.

Commerce Minister Piyush Goyal said India would sign trade agreements only if they benefit the country. "If India gets a good trade deal, we will go ahead with it. If not, we won't," he asserted at an ASSOCHAM event. "India always keeps the country's interest first," he added. He added that negotiations and talks for trade deals are ongoing.

Minister of State Harsh Malhotra has said that national highway network in India has increased nearly 60% since 2014 to reach 1.46 lakh km till date. He said that the national highway network has expanded from 91,000 km in 2014 to over 1.46 lakh km today. This makes it the second largest road network in the world.

Apple has shipped over $5 billion worth of iPhones from India in Q1 FY26, accounting for approximately 70% of the country’s total smartphone exports, Moneycontrol reported. This marks a rise from the $3 billion worth of iPhones exported in the year-ago period. India’s total smartphone exports surpassed $7 billion in the quarter ending June, rising YoY 40%.

Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA), comprising Iceland, Liechtenstein, Norway, and Switzerland, will take effect from October 1, Union Minister Piyush Goyal said. Signed in March 2024, TEPA is committed to attracting $100 billion in FDI into India over next 15 years. It will also generate 1 million jobs in India.

Godrej Properties, led by MD & CEO Gaurav Pandey, clinched nearly 100 acres in two days, acquiring 48 acres in Bengaluru’s Doddaballapur and 50 acres in Raipur. Pandey hailed the team's "historic" precision and execution, reinforcing the company’s strategy to expand in key growth corridors with premium plotted residential projects in emerging markets.

Domestic equity markets continued their protracted correction for the third consecutive week and ended below the psychological level of 25,000, weighed down by the broadly tepid start of Q1FY26 earnings, particularly from the IT and financial sectors, analysts said on Saturday. IT sector stays weak on global demand woes; financials face pressure from NIM contraction, asset quality concerns.

The Department of Posts (DoP) on Saturday said it will implement an advanced digital platform at the post offices in Delhi on July 21. The rollout of the next-generation APT application, marks a major leap forward in its journey towards digital excellence and nation-building. The post offices are Aliganj, Amar Colony, Andrewsganj, CGO Complex, Dargah Sharif, Defence Colony, etc.

India's avocado revolution is reshaping orchards, blending Israeli agritech with smart varietal choices. Harshit Godha's Indo-Israel Avocado model shows how climate, rootstocks, pollination & soil science decide profits. With premium yields and growing demand, disciplined farmers can earn ₹6-9 lakh/acre. From raised beds to drip irrigation, success lies in precision planning and the right plants.

eSamudaay, founded by Anup Pai and Ravi Haldipur in Udupi, helps vendors in tier‑II/III towns run digital storefronts via its open‑source SaaS. With 2,500+ merchants and ₹70 lakh FY 2025 transactions, it leverages Beckn, ONDC, UPI, and DBS partnerships to build community‑owned commerce while tackling engagement, costs, and scalability challenges.