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Fear of tax scrutiny will discourage holding digital assets

TAX TALK

Need leaders who read global mindset, with Indian mind, says PM

PRIME MINISTER NARENDRA Modi said on Friday that the country needs leadership across different fields with a global outlook and local upbringing that reflects a national vision.

RBI DG Calls for Guard Against Reckless Financialisation

Amid concerns emanating from the spurt in unsecured lending and an euphoria in derivatives, Reserve Bank of India deputy governor M Rajeshwar Rao on Friday asked financial sector entities to guard against \"reckless financialisation\".

Automakers divided over subsidies for electric cars

PASSENGER VEHICLE MANUFACTURERS remain divided over government subsidies for four-wheeler electric vehicles (EVs) under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-Drive) scheme.

Walking a tightrope to manage price-value equation

Premiumisation has helped HUL's home care division to tide over the urban slowdown in recent quarters.

DeepSeek Plans to Release More Open-Source Code

DeepSeek plans to release key codes and data to the public starting next week, an unusual step to share more of its core technology than rivals such as OpenAI have done.

Nilekani: LLMs are now commodities

Says it's right time for Indian companies to build AI models

Nikola goes bankrupt, to sell assets in EV market turmoil

Nikola said on Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of its assets, the latest electric-vehicle maker to stumble after grappling with tepid demand, rapid cash burn and funding challenges.

EPFO in talks with NPCI to launch feature

EPFO in talks with NPCI to launch feature

MUDA: Lokayukta police to close probe against Siddaramaiah

CITING LACK OF evidence, the Karnataka Lokayukta police is set to file a closure report in its investigation into alleged irregularities in the allotment of 14 housing sites by the Mysore Urban Development Authority (MUDA) to Chief Minister Siddaramaiah's wife in 2021.

Industry unfazed over 25% tariff threat

DRUG COMPANIES AND analysts said that India being a low cost supplier of medicines and vaccines to the US market, even a 25% across-the-board duty on all drug imports by the US would not blunt the competitive edge of Indian exporters.

Personal AI coach

SPEAKX IS FOCUSED on transforming English language learning through AI-powered personalised tutoring.

Kotak warns 'accidents may still happen' in financial sector despite protection

KOTAK MAHINDRA BANK founder Uday Kotak has cautioned that \"accidents may still happen\" in the financial sector irrespective of attempted protection even as the sector moves into a challenging credit cycle.

Hexaware valued at $5.3 billion on debut

Lists at 6.6% premium

Petroleum product export volume up 3%, value down 7%

Rising Shipments

Beyond staying the course

Many policies available to the Centre (and potentially states), none radical, can even lead to faster growth in the short run while India's demographics are still favourable

Nvidia revival marks end of great DeepSeek panic

THE GREAT DEEPSEEK Panic of January 2025 is officially over.

'Very unfair' for Tesla to set shop in India: Trump

THIS EFFECTIVELY DASHES India's expectations that a trade deal granting better market access to more American products into India would help avert reciprocal tariffs.

Bar Council raises objections to Advocates Bill amendments

THE BAR COUNCIL of India (BCI) on Wednesday expressed \"profound concerns\" over the proposed draft Advocates Amendment Bill, 2025, citing serious implications for the legal profession and a threat to the autonomy of the Council.

Cashing Out

Bulk, block deals selling amount

Making YouTube fun & safe for kids

Year of launch: 2022

China Condemns US 'Tariff Shocks' at WTO

CHINA CONDEMNED TARIFFS launched or threatened by US President Donald Trump at a World Trade Organization meeting on Tuesday, saying such \"tariff shocks\" could upend the global trading system in a warning dismissed as hypocritical by Washington.

iPhone parts maker Murata eyes supply chain shifts towards India

IPHONE COMPONENTS MAKER Murata Manufacturing is weighing whether to move some of its production capacity to India, reflecting a global realignment of the supply chain toward the world's most populous country.

Searching for peace

The Russia-Ukraine war can end only when the warring parties decide to silence their guns

US Reciprocal Tariffs to Have Limited Impact on India: S&P

India will be less impacted by the proposed US reciprocal tariff as the country's economy is mainly driven by domestic demand, and has substantial services exports, which is not going to be targeted by the Trump Administration, S&P Global Ratings said on Wednesday.

Tesla eyes India entry with retail operations in April

To start with an EV under ₹22 lakh

Indices End Lower in Volatile Trade

BENCHMARK INDICES SENSEX and Nifty ended marginally lower in a volatile trade on Wednesday, dragged by blue-chip IT stocks.

HSBC to save $1.8 bn over two years under new CEO

HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut long-term costs and boost profits while navigating diverging interest rate policies and geopolitical turmoil.

Higher levy on semiconductors unlikely to impact domestic firms

THE PROPOSED 25% tariff on semiconductors by US President Donald Trump is unlikely to affect India's semiconductor companies, industry players and experts said, citing two key reasons.

Tariff threat won't blunt India's edge in pharma exports: Experts

25% duty unlikely if reciprocal policy is followed, say analysts