CATEGORIES

Middle class is a victim of tax terrorism, says Kejriwal

ZERO TAX ON annual income of up to ₹10 lakh, removal of goods and services tax (GST) on essentials, increase in health and education budget up to 20%, a pension scheme for senior citizens, along with proper retirement plans: These are among seven demands that Aam Aadmi Party (AAP) chief Arvind Kejriwal presented to the Centre on Wednesday as he said that the middle class is a victim of \"tax terrorism\".

Tenuous Gaza ceasefire

A permanent cessation of hostilities to facilitate reconstruction, however, is an open question

Brokerages positive on Paytm; shares fall

MAJOR BROKERAGES REMAIN positive on Paytm as the fintech managed to narrow its third quarter net loss, with the company continuing to witness an improvement in business metrics.

Exporters Can Import Small Diamonds Sans Duty From Apr 1

THE GOVERNMENT ON Tuesday announced a scheme that will allow duty-free import of natural cut and polished diamonds of up to 25 cents or quarter of a carat by exporters to retain India's position as a global leader in the entire diamond value chain, according to a statement.

66 dead, 51 hurt in Turkey ski resort fire

A FIRE AT a ski resort hotel in Turkey's Bolu mountains killed 66 people and injured 51 others on Tuesday, forcing panicked guests to jump out of windows in the middle of the night.

Major Lenders to Urge RBI to Delay April Liquidity Rule

Some of large lenders are planning to request concessions from the new head of the Reserve Bank of India (RBI) regarding proposed liquidity regulations, arguing the rules could hamper efforts to boost lending, according to people familiar with the developments.

D2C snack brands make global forays

D2C SNACK BRANDS like Go Desi, Beyond Snack, and Sweet Karam Koffee, among others, are making significant strides in international markets.

South Indian Bank posts ₹342-cr profit

SOUTH INDIAN BANK has posted a 12% year-on-year growth in net profit for the third quarter at ₹341.87 crore.

Trump's withdrawal of US from WHO to impact global health

PRESIDENT DONALD TRUMP is pulling the US out of the World Health Organization (WHO), raising concerns about the UN agency's ability to fight diseases and respond to emergencies around the globe without its biggest funder.

JSW Group to invest ₹3L cr in Maha's critical sectors

THE JSW GROUP on Tuesday signed a memorandum of understanding (MoU) with the Maharashtra government at the World Economic Forum (WEF) in Davos to invest ₹3 lakh crore across critical sectors in the state.

OpenAI CFO: Musk shouldn't use legal challenges to compete

OPENAI CHIEF FINANCIAL Officer (CFO) Sarah Friar characterized Elon Musk's legal challenge to stop the ChatGPT maker from becoming a for-profit company as competitive maneuvering.

Birthright Citizenship to End, Will Impact Indian Americans

STARTING HIS SECOND term with a flurry of executive orders, US President Donald Trump has sought to revoke birthright citizenship - automatic citizenship of children born in the US to non-citizen parents.

'Rate-cut cycle unlikely to begin soon unless liquidity improves'

The sluggish deposit growth poses a risk to achieving higher economic growth, says Rajiv Anand, deputy managing director, Axis Bank. In an interview with Sachin Kumar, Anand speaks of the challenges facing the banking sector, including declining credit growth, stress in unsecured loans and tight liquidity. Excerpts:

Law ministry demands EC's response to over 20 queries

THE QUESTIONS WERE RAISED BY JPC ON JOINT POLLS

Trump jitters for markets

India VIX jumps 4%; FPI sell-off in Jan hits $6 billion

At ₹2.24 lakh crore, Rajasthan leads Q3 energy investments

RAJASTHAN HAS EMERGED as the top state in attracting fresh project investments during Q3FY25, surpassing industrial giants like Maharashtra and Gujarat, according to data sourced from Projects Today, a firm tracking fresh and ongoing project investments in India.

Inflection point

GenAI has unlocked a new dimension of efficiency & innovation

India must be wary: Experts on BRICS call

INDIA SHOULD BE 'on guard' and be ready to open dialogue with the US, trade experts said, commenting on President Donald Trump's renewed threat to impose '100% duties' on imports from the the BRICS countries, if the ninecountry bloc went ahead with its perceived plan to 'dedollarise' their foreign trade.

Tech sector's talent model seen evolving: Infosys CTO

INFOSYS EXPECTS THE way the tech industry manages talent to shift and has already begun experimenting with how this transformation will occur, its chief technology officer Rafee Tarafdar said in an interview.

Making of a showstopper

What Coldplay can teach brands about marketing

India wary as Trump pulls US out of Pillar 2 tax deal

PRESIDENT DONALD TRUMP, through an executive order, declared on Tuesday that the 15% minimum global corporate tax deal has \"no force or effect\" in the US, effectively pulling the country out of the 2021 pact signed by around 140 countries.

At ₹25,000-cr, Adani Energy bags its largest ever project

ADANI ENERGY SOLUTIONS (AESL), the transmission and distribution arm of the Adani Group, announced on Tuesday that it has secured the ₹25,000 crore Bhadla (Rajasthan)-Fatehpur (Uttar Pradesh) HVDC (high voltage direct current) project.

Sebi Proposes Pre-Listing Trading for Public Offers

IN A BID to curb grey market activity, the Securities and Exchange Board of India (Sebi) is working on a regulated trading mechanism that would enable investors to sell shares once they are allotted in an initial public offering (IPO), chairperson Madhabi Puri Buch said on Tuesday.

EU wants to bolster strategic India tie-up

EUROPEAN COMMISSION PRESIDENT Ursula von der Leyen on Tuesday said she wants to upgrade the strategic partnership with India.

Empowering privacy, enforcing security

The Centre set up an expert committee under the chairmanship of Justice BN Srikrishna to prepare a white paper on data protection framework for India.

UCO Bank Q3 net profit rises 27% on healthy core income

UCO BANK ON Tuesday reported a 27% increase in its net profit to ₹639 crore for the third quarter ended December 2024, helped by both interest and non-interest income.

Indian student enrolments in US to grow

Experts see a 20% increase despite Trump comeback

Startups seek boost in local investments

WITH THE UNION Budget on the horizon, startups and venture capitalists are advocating for key policy measures to foster growth and innovation in the ecosystem.

Renewables' share to remain stable at 21% in FY25: Ind-Ra

THE SHARE OF renewables, including large hydro in the country's overall energy mix, is expected to remain stable at nearly 21% in FY25, India Ratings and Research (Ind-Ra) said on Tuesday.

Kia India seeks additional time for PLI compliance

KIA INDIA, a participant in the ₹25,938 crore production-linked incentive scheme for the automobile and auto components (PLI-Auto), has reached out to the ministry of heavy industries (MHI) to affirm its commitment to the scheme.