CATEGORIES

CBDT issues fresh FAQs on tax dispute resolution

THE CENTRAL BOARD of Direct Taxes (CBDT) on Tuesday published a fresh set of FAQs on the Direct Tax Vivad se Vishwas scheme in response to additional queries received by it.

DHL, 2 more shortlisted for e-comm export hubs

● Initial centres will come up in Mumbai, Delhi and Bengaluru

No more duty-free import of items for solar power: CBIC

TO PUSH DOMESTIC manufacturing, the government has withdrawn a scheme which permitted duty-free import of goods for solar power generation.

Apple's new vision for computing is a foldable iPad

SATELLITE, HEALTH UPGRADES FOR SMARTWATCH

Zerodha hits $1-billion revenue mark in FY24

STOCK BROKING PLATFORM

Pakistan cuts interest rates to lowest in over 2 years

PAKISTAN'S CENTRAL BANK cut its key policy rate by 200 basis points to 13% on Monday, it said in a statement, its fifth straight reduction since June to revive a sluggish economy.

Canadian FM quits after clash with PM

CANADA'S FINANCE MINISTER Chrystia Freeland quit on Monday after clashing with Prime Minister Justin Trudeau on issues including how to handle possible U.S. tariffs, dealing another blow to an already unpopular government.

Popeye, Tintin to enter public domain in '25

POPEYE CAN PUNCH without permission and Tintin can roam freely starting in 2025. The two classic comic characters, who first appeared in 1929, are among the intellectual properties becoming public domain in the United States on January 1.

Trump transition team to roll back Biden EV policy

● Regulations on fossil-fuel cars likely to be eased

SoftBank CEO to unveil $100-bn investment in US

SOFTBANK GROUP CEO Masayoshi Son will announce a $100 billion investment in the United States over the next four years during a Monday visit to US President-elect Donald Trump's residence, Mar-a-Lago, CNBC reported.

Chancellor Scholz loses vote of confidence in Germany

THE GERMAN PARLIAMENT accepted Chancellor Olaf Scholz's invitation to withdraw its confidence in him and his government on Monday, clearing the way for the February 23 early election necessitated by the collapse of his government.

Dabur to leverage new launches

Plans to acquire new customers, boost order frequency

Dabur to leverage new launches

Plans to acquire new customers, boost order frequency

Long-term outlook positive for cement sector

GROWTH MOMENTUM CONTINUES

Apollo Tyres: Cost pressure to persist in Q3

Aims to expand network with focus on micro-regions

Mega deals won't lead M&A rebound Under Trump

US BANKERS ARE rubbing their hands at an expected boom in dealmaking under a market-friendly President-elect Donald Trump next year. But scratch the surface and it is apparent that the mergers and acquisitions to come are far more likely to be among smaller companies. Mega deals won't lead the way.

The Swiss confusion

Constantly varying interpretations of treaty provisions can potentially dent India's image

Urban growth takes a toll

TOLLING IN WHAT HAVE BECOME ARTERIAL ROADS IN CITIES GETS A PUSHBACK FROM CITIZENS

Upgrade cross-border payments

With India being the world's largest recipient of remittances since 2022, the urgency to modernise its payment systems has never been greater

'High reinsurance costs a bigger worry for life insurers'

Aditya Birla Sun Life Insurance (ABSLI), which ended FY24 with around ₹17,500 crore in gross written premiums (GWP), aims to double its business in the next three years. In a conversation with Kamlesh Rao, MD & CEO

HDFC Bank gets warning from Sebi, second in a week

HDFC BANK ON Monday said it has received a second administrative warning from the Securities and Exchange Board of India (Sebi) within nearly a week, due to a three-day delay in disclosing the resignation of its mortgage business head Arvind Kapil in March this year.

Despite CRR cut, call rates jump above MSF

TOUGH ROAD AHEAD

Advance tax receipts rise 17% in Q3

DIRECT TAX COLLECTIONS have reached 71.5% of the annual target by December 15.

79% firms may raise AI spending in 2025

AS MANY AS 79% of surveyed organisations are planning to increase their AI budgets in 2025, an increase of 41% from 2024, driven by confidence in its return on investment the technology is poised to bring, said cloud-based software-as-a-service company Freshworks’ AI Workplace Report.

IT hiring may stay low till H2FY26

HIRING IN THE Indian IT services industry is expected to remain low-key in the near term until the growth momentum picks up by H2FY26, according to Icra.

Lobana appointed Google's India V-P

Preeti Lobana will succeed Sanjay Gupta

India leading in AI adoption: Report

INDIAN ENTERPRISES ARE leading in the adoption and experimentation with artificial intelligence as compared to the global average, according to a report by data integration, analytics, and artificial intelligence (AI) service provider Qlik.

Adani, Ambani drop out of elite $100-billion club

HE'S BEEN FIGHTING to shore up investor confidence after short seller Hindenburg Research last year published a report accusing the firm of fraudulent practices.

Dixon's FY25 smartphone volumes may hit 30 mn

• Benefit of JV with Vivo to be seen in FY26, says firm

Lack of skills, data complexity hindering AI adoption in India

As Indian enterprises increasingly adopt artificial intelligence (AI), significant barriers such as a lack of expertise, insufficient tools, and data complexity remain. IBM India & South Asia managing director Sandip Patel talks to Jatin Grover about how small AI models are driving cost efficiency, IBM's role in chip design, and evolution of AI adoption in India. Excerpts: