CATEGORIES

GDP growth to accelerate to 6.6% in FY26: India Ratings

India Ratings and Research on Wednesday said that the country's economic growth is likely to accelerate to 6.6% in the financial year starting 1 April, from 6.4% it has projected for FY25.

Tax relief for cos: SC says small coconut oil packs are edible oil

The Supreme Court (SC) on Wednesday ruled that coconut oil in small bottles of up to 200ml should be classified as edible oil for taxation purposes, resolving a 15-year-long legal dispute between the excise department and manufacturers.

Bomb threats: Govt amends aircraft security rules

Against the backdrop of the recent spate of hoax bomb calls targeting airlines, the government has amended the aircraft security rules whereby perpetrators can face penalties and could even be barred from flying.

Agri loan limit hike may ease bank stress

The Reserve Bank of India's (RBI) recent decision to raise the limit on collateral-free agriculture loans was likely taken to ease the stress being faced by banks in their farm loan portfolios over the past two quarters, and to nudge them to get their books in order.

Karnataka's planned mineral tax stumps iron ore miners

NMDC, Vedanta, Sandur—largest operators of pre-auction-era mines in state—to face brunt

Kendrick tops Apple Music's 2024 song chart

'Not Like Us' is Kendrick Lamar's first No. 1 on the year-end global chart

A new creative platform for Himalayan communities

A new festival hopes to create a common platform for craft, art and heritage of communities from the Himalaya

India's GDP shocker: Bad news can sometimes be good

A tango of fiscal and monetary policies can do the trick and give India's economy the fillip it needs

India's insolvency code is a vital growth enabler: Let's enhance it

This reform would perform better if we adopt technology for processes, clarify legal principles and close cross-border gaps

The US Fed must rethink the way it exercises its authority

Clarify quantitative tools and shift the rate targeted by Fed policy

Australia's social media curbs are worthy of emulation

Barring under 16s from social media will at least spotlight the harm these platforms are doing them

Banking reforms must show greater ambition

Tweaks in Indian banking laws are welcome, but this sector needs a structural shift. Much more credit must go to small needy businesses, while big firms raise funds by issuing bonds

THE ELEPHANT IN THE ROOM: WHY YOUR TAX REFUND IS UNEXPECTEDLY DELAYED?

The primary issue is the backlog of over 580,000 cases before (appeals) commissioner

Cricket decisions to self-driving car deaths: Spot the AI paradox

Human biases lead to frequent failures but we expect technology systems to be entirely error-free

From clutter to clarity: How a jeweller fixed his finances

Here's how a fixed-fee advisory rejigged Kesarwani's portfolio of 27 MFs, 9 insurance policies

How to build a ₹1-cr education fund for my children in 12 yrs?

I'm 35, planning to invest ₹50,000 monthly for my kids' higher education in 10-12 years, aiming for ₹1 crore. Should I focus on equity mutual funds, debt funds, or a balanced mix? What's the ideal asset allocation, and which funds or strategies must I consider? Should I review and adjust my portfolio periodically amid market volatility? —Pratik Sharma

Byju's exec faces US court sanctions

The chief content officer of troubled edtech firm Byju's and an ally of the company's founder face financial sanctions in the US for their roles in stripping software, cash and other assets from businesses under court supervision.

Star Cement plans capacity expansion

Northeast-based Star Cement on Wednesday said it plans to expand its capacity by an additional two million tonnes through a greenfield project in Assam's Silchar at a cost of ₹400 crore.

Govt offers 27 coal blocks in auction

The government will offer 27 coal blocks across various states as it launches the fresh round of commercial mine auction today.

Citigroup faces $26 million in losses on Australian block trade

Citigroup Inc. is facing potential losses of as much as A$41 million ($26 million) after it was unable to fully sell a block of shares in Australia's Goodman Group it had underwritten for China's sovereign wealth fund, according to people familiar with the matter.

Antler India plans to invest ₹211 cr in 2025

Venture capital firm Antler India is planning to invest $25 million, or about ₹211 crore, in 50 startups in 2025, the company said on Wednesday.

Kotak aims to raise ₹2K cr pvt credit AIF

Kotak Mutual Fund is targeting to raise up to ₹2,000 crore through its maiden private credit alternate investment fund (AIF), a senior official said on Wednesday.

Rajya Sabha clears Boilers Bill, 2024

The Rajya Sabha on Wednesday cleared a bill to provide for the regulation of boilers, safety of life and property of persons from the danger of explosions of steam-boilers and uniformity in registration.

Pure EV to expand dealerships by 250

Electric two-wheeler maker Pure EV on Wednesday announced plans to open 250 dealerships pan-India over the next 30 months as part of a road map to strengthen its presence nationwide and expand globally.

IBA raises concerns over likely tax hike

The Indian Beverage Association (IBA) on Wednesday expressed concern over the potential increase in the goods and services tax (GST) rate on aerated drinks.

Airtel and Ericsson ink equipment deal

Bharti Airtel on Wednesday signed a \"multi-billion\" dollar deal with Swedish telecom equipment maker Ericsson to boost its 4G and 5G coverage in the world's second-largest smartphone market.

Fadnavis to be sworn in as Maharashtra CM today

Swearing-in ceremony will be held in the presence of PM Narendra Modi

How painful will Trump's tariffs be for American businesses?

Their options range from hoarding goods and raising prices to rewiring supply chains

'Conservative lending, CASA growth priority'

DCB Bank plans credit cards against fixed deposits, avoids risky lending

Careful in tax chase, revenue secy Malhotra tells officials

To be sure, India has set an indirect tax collection target of ₹16.2 trillion for the current financial year