CATEGORIES

Is overseas PF withdrawal taxable in India?

I worked in Singapore from 2001 until I moved back in 2020. My PF account was closed under their updated rules and I received the balance in my Indian account in August. Will this amount be taxable in India?

CLIMATE: EVERYTHING EVERYWHERE ALL AT ONCE

2024 is going to be the hottest year ever recorded. As global warming smashes safety barriers, what did we learn?

Navigating credit card options for seniors: Bank ties, FDs and more

Here's everything you need to know about the secured and unsecured credit card options for senior citizens

ICAI probing Byju's alleged audit errors

(Institute of Chartered Accountants of India) president Ranjeet Kumar Agarwal on Monday said its disciplinary committee is investigating alleged auditing lapses at edtech firm Byju's. However, he did not divulge specific details about the issues that are being looked at.

Sriram Krishnan: US' new AI advisor

US President-elect Donald Trump on Sunday named Indian American entrepreneur, venture capitalist and author Sriram Krishnan as senior white house policy advisor on artificial intelligence (AI).

Jio loses 3.8 million wireless subs in Oct

While Jio's wireless subscribers declined, it gained 3.84 million active mobile subscribers. BLOOMBERG

Veteran filmmaker Shyam Benegal passes away at 90

Veteran filmmaker Shyam Benegal, who heralded the Indian parallel cinema movement in the 1970s and 1980s with films such as Ankur, Nishant and Manthan, died on Monday, his daughter Pia said.

DAM Capital IPO subscribed 82 times

The initial public offer of investment bank DAM Capital Advisors Ltd was subscribed 81.88 times on the closing day of bidding on Monday.

Lohia Auto launches EV brand 'Youdha'

Lohia Auto on Monday announced the launch of EV (electric vehicle) brand 'Youdha' as part of its ₹20-crore expansion plans and said it looks to manufacture and sell 300,000 electric vehicles (EV) under the brand by 2027.

Non-life insurers' claim ratio falls

Net incurred claims to net earned premium (claims ratio) of non-life insurance industry stood at 82.52% during 2023-24 as against 82.95% in the preceding fiscal, as per the Insurance Regulatory and Development Authority of India's (Irdai) annual report.

Residential sector is big polluter: study

Pollution in east, north and central Indian cities primarily comes from residential and transportation sectors, while in western India, industry and energy are the main contributors to local PM2.5 pollution, a study has found.

Xi digs in with top-down economic plan even as China drowns in debt

Xi Jinping is bracing for a showdown, sticking with economic policies aimed at making China the world's most powerful country

By 2027, data centre capacity to double

India's data centre capacity is set to more than double to 2-2.3GW (gigawatts) by 2026-27, led by increasing digitalization as organizations increase their investments in cloud storage, Crisil Ratings said in a report.

First ONOE panel meeting on 8 Jan

The first meeting of the 39-member parliamentary panel on ‘one nation, one election’ (ONOE) is set to be held on 8 January, setting the tone for nationwide deliberations on the key poll reform measure of the Prime Minister Narendra Modi-led NDA government.

B'desh minister says country wants ex-PM Hasina extradited

Bangladesh-India ties took a hit after interim government led by Yunus assumed power

India crosses key clean power milestone, but has miles to go

In the 12 months to October, India installed 24.2GW renewable energy capacity, crossing the 200GW milestone

INDIA'S CLIMATE AGENDA AND A NEW GREEN ECONOMY

Transition to a green economy could serve as a model for other developing nations

Climate change is now a real and pressing economic threat

Climate change is no longer just affecting lives. It's hurting the economy more than ever before, whether through extreme heat or rain bringing down farm output and driving up prices, or making countries adopt cross-border tariffs to factor in the costs of carbon reduction. And it's only going to get worse.

Govt spending may power recovery from growth lull

Boost from the festival season and resilient rural consumption are also likely to support growth in H2

RETHINKING THE PURPOSE OF ECONOMIC POLICY

The purpose of economic growth must be to improve the ease of earning and living for all

India's external trade braces for an action-packed '25

A silver lining is the border disengagement with China, followed by a bilateral meeting Modi and Xi

Poor concert infrastructure triggers a discordant note

India's booming concert scene faces a reality check as logistics fail to keep up with demand

Carmakers Honda, Nissan enter a basic agreement for merger talks

The company plans to repurchase as many as 1.1 billion shares, or almost 24% of its stock excluding treasury securities.

Indian bullet trains may ply on specialized railway corridors

speed of 180kmph. \"The manufacturing cost of this is around ₹28 crore per car (excluding taxes), which is highly competitive compared with other high-speed train sets and almost half the price of Japanese rolling stock that may be used for the MAHSR project,\" the second person said, also wishing to remain anonymous.

Google offers looser search deals as a remedy in US case

The offer comes even as the US government pushes to make Google sell its Chrome browser

GEF Capital bets $20 mn on EPACK Prefab

EF Capital Partners, which last week led a funding round in the global products and solutions unit of Vedanta-owned Sterlite Power Transmission, has made a fresh bet in the modular construction segment.

Oyo acquires G6 Hospitality

The transaction is expected to add about 1,500 franchised hotels across the US and Canada to Oyo's portfolio

Adani to buy Air Works for ₹400 cr

Ahmedabad-headquartered Adani Group's defence arm Adani Defence and Aerospace on Monday entered into an agreement to acquire an 85.8% stake in Air Works, India's largest privately-held aircraft maintenance, repair, and overhaul (MRO) company.

High-speed data plans to target concertgoers

Users seek reliable data connectivity when they attend high-profile events

Mahindra arm narrows focus to 3 cities

Mahindra Lifespace Developers Ltd, the realty arm of the Mahindra Group, will pause fresh investments in the Delhi-National Capital Region (NCR) region, and narrow operations to markets where it can create a niche as a 'net zero' developer.