India's net direct tax collections have surged by 16.4 per cent year-on-year to 6.51 trillion as of July 13, primarily driven by robust growth in corporate tax receipts, according to provisional data from the Central Board of Direct Taxes (CBDT).
State-run Oil and Natural Gas Corporation (ONGC) has approved the development of a 1.75 million tonnes (mt) strategic petroleum reserve (SPR) in Mangaluru, a project deemed of national importance, with plans for broad commercial utilisation.
The conflict may disrupt Budget 2026-2027 projections, squeezing revenues and raising subsidies, prompting fiscal adjustments and potential reforms, echoing lessons from the Covid-era shock, points out A K Bhattacharya.
Apple Inc, which had planned to shift only 10 per cent of its global production base from China to India with respect to iPhones at the end of FY26, is currently churning out one out of every four iPhones in the world from India.
Be aware of a set of costs that never appears on a college's fee page. They sit as clauses near the end of the state counselling body's prospectus and, in many states, not even there, warns Ashok Hegde, founder, neet2seat.
Both Houses of Parliament were adjourned sine die, concluding a Budget session marked by the passage of key legislations and the defeat of a Constitution amendment bill on women's reservation. The session saw frequent opposition protests and discussions on various issues, including the West Asia conflict.
A recent policy decision by the Pakistan Cricket Board (PCB) to demand a $25,000 fee for players' No Objection Certificates (NOCs) left Haris Rauf -- signed by the San Francisco Unicorns -- as the country's sole representative in the USA's Major League Cricket (MLC) this year.
Chief Economic Adviser V Anantha Nageswaran has urged the industry to invest in skilling, capability development, and innovation to counter the challenges posed by artificial intelligence, particularly for Global Capability Centres (GCCs). He noted that while the government has supported GCCs through Budget measures like simplifying transfer pricing and promoting expansion into tier-II/III cities, industry must move beyond low-cost execution to thrive in an an AI-driven landscape. Nageswaran emphasised that AI displaces routine tasks, necessitating a focus on higher-value work and continuous skill enhancement to maintain India's competitive edge.
Divestment has emerged as a priority for the government following a moderation in direct tax collections.
The Biotechnology Industry Research Assistance Council (BIRAC) has chosen seven to eight biotechnology startups as the initial group to receive funding from the government's ~1 trillion Research, Development and Innovation (RDI) Fund, with an average investment of approximately ~25 crore per startup.
New financial investment funds, including Filmoney Global and CineNow, are entering the 22,000 crore Indian film business, aiming to establish Indian cinema as a new asset class for high-net-worth individuals and institutions, similar to the IPL.
'It would have never crossed anybody's mind where life would have taken us or that Irrfanji would fall sick.'
Dharmendra Pradhan's resignation is significant because it punctures, however slightly, the perception that the Modi government never retreats under pressure. Every long-serving government eventually reaches a point where every institutional failure is identified with the leader himself. Removing the minister may have prevented that political burden from falling directly on Modi. Whether it also resolves the underlying crisis is another matter, notes Ramesh Menon.
'Periods of heightened volatility, driven by global events such as tariffs and geopolitical tensions over the past year-and-a-half, can make some investors pause or discontinue their investments.'
Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.
Lachit Borphukan is revered as one of Assam's greatest military commanders and a symbol of courage, patriotism and selfless leadership.
Congress leader Rahul Gandhi has accused the Modi government of 'destroying' India's education system, expressing full support for protesting students and their demands, including the resignation of Education Minister Dharmendra Pradhan and an apology from Prime Minister Narendra Modi.
India is relying heavily on its boxing, weightlifting, and athletics contingents to maintain its two-decade streak of top-five finishes at the Commonwealth Games, which opens in Glasgow.
C Joseph Vijay's Jana Nayagan is not just a film but a potent political statement, strategically crafted to align with his political aspirations and claim the legacy of M G Ramachandran, notes Saisuresh Sivaswamy.
OnePlus has strengthened its smartphone portfolio in India with the launch of the OnePlus N6, its most budget-friendly handset to date.
BJP sources said the government would introduce a fresh Bill on the issue and has reached out to parties that opposed the earlier legislation.
Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.
The Finance Ministry's expenditure department has approved a substantial Rs 1.25 lakh crore outlay for India Semiconductor Mission 2.0, significantly increasing the country's investment in global chip-making ambitions and aiming to establish India as a major semiconductor hub.
From All We Imagine As Light to Kishkindha Kaandam, these outstanding films deserved National Film Awards far more than several of this year's winners.
If your All India Rank (AIR) is in the three digits, you could get a seat at one of the prestigious AIIMS colleges and pay tuition fees of just under Rs 10,000 for the entire course. At the other end of the spectrum, if your AIR is in the lakhs, you could end up shelling out a crore at a private or deemed institution.
A Joint Committee of Parliament has deferred the adoption of a draft report on a bill proposing the suspension, not permanent removal, of the prime minister, Union ministers, and chief ministers if detained for 30 days on serious criminal charges, opting for more consultations.
'The share of the private sector is at its all-time high of around Rs 42,000 crore in FY26, reflecting its expanding role in the defence ecosystem.'
'Fencing work for 4.35 km of the border could not be carried out due to objections by the Border Guard Bangladesh.'
'Relationships are never as simple as outsiders imagine, and it's unfair to assume only one person is responsible when a marriage ends.'
Dr Lovi Raj Gupta, pro vice-chancellor, Lovely Professional University, explains how aspiring professionals can equip themselves for a competitive AI-driven job market.
US Republican Senator Lindsey Graham, a prominent ally of former President Donald Trump and an influential voice on American foreign policy, has passed away at 71 following a 'brief and sudden illness', leaving a significant void in Washington's political landscape.
Maharashtra's Ladki Bahin Yojana has seen 81 lakh registered beneficiaries removed following a multi-month e-KYC verification drive, with the state's Women and Child Development Minister Aditi Tatkare clarifying the process was mandatory to filter out ineligible individuals, income-tax payers, and government employee families.
Ironically, only three films have crossed over to the Rs 100 Crore (Rs 1 billion) Club so far. We look at the half yearly box office report.
The once promising YRF Spy Universe, which delivered Bollywood's first Rs 500 crore grosser with Pathaan, is now grappling with an uncertain future as recent releases like Alpha and War 2 fail to ignite the box office.
From Dr A P J Abdul Kalam to Sourav Ganguly, these coming biopics are bringing some of India's most fascinating lives to the big screen.
The Gujarat assembly complex received a bomb threat via email, leading to the evacuation of staff and MLAs and a search operation by local police.
From Following to Oppenheimer, here's why Christopher Nolan remains cinema's greatest modern blockbuster auteur.
The West Bengal government plans to introduce two new bills in the Assembly to address public disorder, vandalism, and attacks on police and public servants. One bill will amend the existing Public Order Act, 1972, while the other, titled the Public Safety Control and Anti-Social Activity Bill, will comprehensively strengthen public safety measures. These legislative changes aim to curb incidents of violence and allow for compensation recovery from offenders.
The Maharashtra Vidhan Bhavan in Mumbai was evacuated following a bomb threat received via email during the budget session, prompting security checks and a search operation.
Queen Maxima of the Netherlands, the UN Secretary-General's Special Advocate for Financial Health, visited Mumbai to understand India's digital public infrastructure, including UPI and AI, in improving financial health for salaried individuals. She interacted with healthcare professionals and SalarySe leaders, praising India's advancements in financial inclusion and technology's role in empowering individuals.
