India's net direct tax collections contracted 1.3 per cent to about 5.63 trillion as of July 10, with corporate taxes dropping 3.7 per cent and non-corporate taxes recording a fractional 0.04 per cent contraction, Income Tax department data released on Friday revealed.
Tata Steel's consolidated net profit more than doubled to Rs 2,007.36 crore during the June quarter, on account of "increase in net steel realisations and the planned cost-takeouts" across geographies. The Tata Group entity had posted a net profit of Rs 918.57 crore in the year-ago period.
The Reserve Bank of India (RBI) has extended the trading hours for the interbank call money market from July 1, and that of repo and tri-party repo markets from August 1. Market participants said the decision is intended to help reduce the large Standing Deposit Facility (SDF) balances held by banks with the RBI, thereby addressing liquidity mismatches.
The Maharashtra government will grant legal status to subdivided land parcels up to January 1, 2025, by relaxing and gradually scrapping the land fragmentation law. This decision aims to resolve legal hurdles related to property registration, construction permissions, and ownership for over 50 lakh families.
The Supreme Court has deleted its critical observation against Allahabad High Court judge Prashant Kumar, clarifying that it did not intend to embarrass or cast aspersions on him. The decision follows a request from Chief Justice B R Gavai to reconsider the matter.
'He is one of the most valuable players in India.'
From the Sensex pack, Asian Paints, UltraTech Cement, Power Grid, ICICI Bank, Reliance Industries, Hindustan Unilever, Bharat Electronics and Sun Pharma were among the major gainers. In contrast, Trent, Eternal, Axis Bank and Titan were among the laggards.
A new global study on Wednesday listed India among the top fintech hotspots alongside the US and the UK. The World Economic Forum study, released at its Annual Meeting of New Champions in China's Tianjin, also said the fintech sector growth is stabilising amid strengthening profitability and inclusion.
When mosquito numbers cross safe limits in any area, automatic alerts will be sent, and civic teams will carry out spraying or fogging operations.
Gen Z, driven by AI anxiety and economic pragmatism, have concerns about pursuing passions as careers as they fear it may not make them enough sufficient income.
The ultra-rich invest differently -- embracing growth, compounding, and long-term clarity to build wealth with purpose and discipline, explains Ramalingam Kalirajan.
Trump's latest statement comes after Elon Musk strongly criticised the US President's "big, beautiful bill" and stressed that it is time for a new political party that cares about the people.
The famous 'tareekh pe tareekh' dialogue from the Hindi movie Damini captures where we are now.
'Whenever present-day politics do get involved, history sinks to the level of a morality play, with advocates for this or that cause seeking to praise their heroes or condemn their villains.'
Despite recent underperformance, MNC funds have delivered over longer time frames.
The officials said that intelligence agencies had been alerted about the possibility of a terror attack, but the inputs were utilised at another place, some 90 kilometres away from the site where the attack took place, resulting in a key security lapse.
'You need the drishti, the experience. I am beginning to see things differently.'
In a move that signifies a major leap for India's aerospace manufacturing capabilities, the collaboration will establish a final assembly line for the Falcon 2000 jets in Nagpur, Maharashtra.
A five-member team, headed by Sanjay Kumar Singh, is probing the fatal crash of the Air India aircraft last month in Ahmedabad that killed 260 people. The Aircraft Accident Investigation Bureau (AAIB) has released its preliminary report and appointed the team.
India's Permanent Representative to the UN Ambassador Parvathaneni Harish said that the Indian sub-continent offers a "stark contrast" in terms of progress, prosperity and development models.
'VS was a man who devoted every moment of his life, from the beginning till his death at the age of 100, to the struggle against the injustices inflicted upon land, nature and the common man.'
Conservative investors seeking equity-like tax benefits with low risk may go for them.
AIFF opens application process for new men's head coach position after Marquez's exit
Images from Day 5 of the third Test between England and India at Lord's on Monday.
After the merger of regional rural banks (RRBs) under the "One State, One RRB" policy to improve their efficiency and minimise competition among public-sector banks (PSBs) that sponsor them, the government is planning to list at least five RRBs by the end of financial year 2026-27 (FY27). After the latest amalgamation that came into effect on May 1, there are 28 RRBs in 26 states and two Union Territories (UTs), with more than 22,000 branches covering 700 districts.
Amazon will invest more than Rs 2,000 crore (about $233 million) in India in 2025 as it strengthens its logistics and safety standards, said the ecommerce company on Thursday.
Despite the benefits of hybrid technology, a lack of government backing and few launches have kept the segment from gaining ground.
'The reported deal between the European Union and China should mitigate it (shortage) for the medium to long term. Let's wait and watch how this plays out.'
Trump made it clear he had no plans to speak with Musk anytime soon, stating, "I'm too busy doing other things," and added, "I have no intention of speaking to him," NBC News reported.
The reconstructed Carnac Road Over Bridge in Mumbai has been renamed 'Sindoor Bridge' as a tribute to the Indian military's 'Operation Sindoor'. The bridge, rebuilt after being declared unsafe, aims to ease traffic congestion in south Mumbai.
To help you ride the growth trajectory of India's equity markets, we have curated the top five fastest-growing stocks that hold an impressive upside. If you're planning to build a sound portfolio and capitalize on the growth of these leading institutions, it's time you watch these stocks.
'Vigilance' is a dreaded term for PSB employees and there are instances where this fear is misused by the higher authorities to tame their subordinate officials. This fear always deters PSB executives from making decisions -- the fewer the decisions, the less the chance of falling into trouble, points out Tamal Bandyopadhyay.
The Rs 1-trillion Research Development and Innovation (RDI) fund, which was announced in the July budget for FY25, of which Rs 20,000 crore has already been allocated, will be operationalised in the next two to three months, a top official said.
The Odisha government is working to secure copyright for the rituals of Lord Jagannath temple in Puri to protect its traditional cultural expressions, following concerns over untimely celebrations by ISKCON and the declaration of a temple in Digha as 'Jagannath Dham'.
A multibagger stock multiplies its original investment several times, delivering returns of 100%, 200%, or even higher. The excitement of finding such wealth creators is undeniable, but the process of identifying them is far from simple. It requires a careful blend of research, patience, and the right set of tools.
Streamlining enterprise data, having an AI policy, reskilling people, and cultural transformation have been cited by experts as key.
Each employee is generating more business than before -- driven by cost rationalisation, digital adoption, and better resource utilisation -- signalling a stronger foundation for sustainable growth and profitability.
Khelo Bharat Niti: Regulatory bodies for better sports administration but will IOA, NSFs play ball?
The Indian Army's Air Defence units successfully shot down multiple Kamikaze drones launched by Pakistan after they crossed the International Border in Punjab's Amritsar early Saturday morning. The drones, identified as Byker YIHA III models, were carrying high-explosive payloads and were headed towards densely populated civilian areas. The incident highlights the efficiency of India's multi-layered air-defence system.
Google says its AI models are being used across sectors in India, from improving maternal health programmes and streamlining patient-care to supporting agri-tech solutions and advancing the country's sovereign AI efforts.
