Electric vehicle (EV) manufacturers breathed a sigh of relief after the GST Council on Wednesday night retained the concessional 5 per cent rate on EVs, though they now face competition from small petrol and diesel cars, which will attract a lower 18 per cent levy.
'GST reduction will help larger and high-end cars too.'
Public sector banks (PSBs) have seen a sharp drop in household deposits from 70.6 per cent to 63 per cent in contrast with private banks, which witnessed a surge from 27.1 per cent to 34.1 per cent.
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
'The way the attacks are coming has become much stronger and much wider because of AI.'
Indian airports' push to become global hubs will depend on reducing passenger leakage to rival airports abroad, scaling up direct long-haul connectivity, and offering transfer experiences that are faster, smoother, and more attractive than those of regional competitors, said panellists at the Business Standard Infrastructure Summit on Thursday.
Amazon India is repositioning itself as a comprehensive business partner rather than just an e-commerce platform, slashing seller fees and introducing artificial intelligence-powered tools ahead of the country's crucial festive shopping season that could determine the year's retail performance.
'This marks a turning point for Paytm, with the regulatory environment looking much clearer than it has been in the last two years.'
More than 7,700 senior professionals with over 15 years of experience have exited India's IT services firms -- TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Cognizant, and LTIMindtree -- over the past 12 months.
'One has to be very mindful because it will be applicable for big tech platforms and even for banks and insurers, whose business is completely different.'
'Even if tariffs are reduced, non-tariff may still remain a challenge.'
'We do not need short-term measures but long-term ones. Companies seem to have given up on the infrastructure part. Long delays are fuelling more traffic crisis.'
'The overall well-being of the pilots should be at the top of any airline's agenda in such situations.'
...on par with oil, power, and defence, and to restrict its storage under foreign control.
'...so cases that arose under the existing Act will be adjudicated under the old provisions.' 'Care has been taken to ensure that the new I-T Act does not give rise to interpretational issues.'
Consumer durables makers are hopeful that the government's proposal to reduce goods and services tax (GST) on air conditioners and television panels above 32 inches to 18 per cent would help revive the sector.
The only case where there could be a change in insurance payout is if Air India's management were found to be aware of the accident and the accident was deliberate.
'The world now realises that semiconductors are not just important for national security, but also for economic prosperity.'
'Given the lag in transmission, further softening of lending rates may happen in the coming months.'
'I am doing the drive in making sure that people pass this on. So the drive is not with distrust. The drive is just in case.' 'Just in case it doesn't get passed on, I am here.'
'If nominal growth improves and earnings pick up, Indian stock markets could see a rally next year.'
'There are cases of suicides, and middle-class families losing their entire family savings.'
OpenAI will provide 500,000 free ChatGPT licences for six months to students and teachers across government schools from classes 1 to 12, engineering and technical institutes, as well as K-12 educators.
People with no knowledge of coding or computer languages can use vibe coding using plain English command with AI-assisted software development.
'We are increasing our footprint, but other markets also compete - like Indonesia or Vietnam.'
'While the concept was introduced globally over four decades ago, branded residences have taken off now in India.'
The average Indian fraudster isn't an outsider exploiting security loopholes. He's usually a man between 26 and 45 years of age, working in operations or procurement, with more than six years at the organisation.
'While we expand into other areas, banca remains our primary channel, and we continue to be a banca-led organisation.'
Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.
'The statistical confidence bands of the fan charts of the forecasts will provide a better sense of the potential variability of outcomes.'
"My understanding is that the rules are weighted in favour of big cars, even though smaller cars emit fewer emissions per passenger, use less material, and consume less fuel," Bhargava said in an interview with Business Standard.
'We want quality... you have to be very good in your application and then only the university will accept it.'
'In case a particular industry has not passed on the benefits and if we receive complaints, we will take up the matter with the industry body concerned.'
'Both initiatives are welcome moves and we would commit ourselves with focused attention aligned with the national priorities, and pursue our exploration initiatives.'
'A balanced portfolio mix of domestic and international equity, fixed income, and precious metals is recommended.'
'It was like rigorously preparing for a solid, good exam...' 'I don't know what marks I will get, but I felt the rigorous preparation of an exam.' 'You may sweat, but I feel rejuvenated.'
India's shrimp sector was pushed into uncertainty following US President Donald Trump's decision to impose a 25 per cent tariff on all goods imported into the US from India.
Qualcomm has partnered with eyewear brand Lenskart to build glasses using its Snapdragon XR chipsets, which allow for on-device AI processing and spatial computing.
'What we see now is a much stronger need for data sovereignty.'
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