India's stock markets corrected recently but foreign money is likely to chase China rather than India in the short-to-medium term, said Chris Wood, global head of equity strategy at Jefferies, on Thursday. Wood told the Business Standard Manthan Summit in New Delhi he is bullish about Indian equities from a long-term perspective, but for the short term he is cautious given the quantum of foreign investor (FII) outflows and valuation woes.
Only one out of every 100 alert is specific, reports Vicky Nanjappa
An explosion occurred outside a temple in Amritsar, Punjab, India, when a motorcycle-borne person threw an explosive device towards it, damaging a portion of its wall and shattering window panes. While no one was hurt in the incident, the explosion caused panic among residents. The incident has sparked concern about law and order in the state and led to accusations against the ruling Aam Aadmi Party (AAP) government. The police are investigating the incident and have collected samples from the site to identify the material used in the explosion.
The Budget announcement of zero tax for earnings upto Rs 12 lakh per annum and the rejig of tax slabs across the board should prompt more than 90 per cent of individual taxpayers to embrace the new tax regime as compared to the about 75 per cent as of now, CBDT Chairman Ravi Agrawal said. Agrawal also highlighted the government's focus on "non-intrusive" tax administration through enhanced use of Artificial Intelligence (AI) and simplified tax processes for common taxpayers. He emphasized the benefits of the new tax regime (NTR), which offers simple calculations and allows taxpayers to file their ITR without professional help. The CBDT chief stated that the Budget provisions related to income tax payment benefit all income earners, not just those earning Rs 12 lakh per annum, creating a positive sentiment in the economy and propelling growth. The department is also harnessing technology, including AI and data analytics, to widen and deepen the tax base, resulting in increased compliance and tax revenue. Agrawal further highlighted the positive impact of data availability and simplified tax processes on compliance rates, citing examples of taxpayers filing revised returns and paying taxes after being prompted by the department's data analysis.
Earlier on Monday, two women Naxalites were killed and one CoBRA jawan was injured in an encounter during the same operation, they said.
Hezbollah's executive council's head Safieddine was presumed to be the successor of Hassan Nasrallah after he was killed in September, The Times of Israel reported.
Sources privy to the meeting told PTI that the top brass and other senior commanders of these forces were asked to keep a strict vigil against any illegal encroachment taking place in their respective areas of operations.
'The size of the investments is important, but equally crucial is the number of jobs that these proposals create.'
America's Central Intelligence Agency has played a crucial role in India and Pakistan sharing secret intelligence information on Mumbai terrorist attacks, a media report claimed on Monday.
The Medal for Gallantry recipients also included Humayun Bhat, a deputy superintendent of police who was one of four officers to lay down their lives during an encounter with terrorists in south Kashmir's Kokernag in September 2023.
Prime Minister Narendra Modi announced that he will hand over his social media accounts to women achievers from different walks of life to mark International Women's Day on March 8. In his monthly "Mann Ki Baat" address, Modi said these successful women will talk about their work and experience on his social media accounts. He also renewed his appeal to people to take measures to deal with the growing problem of obesity and encouraged people to visit research laboratories or planetariums to mark National Science Day on February 28. Modi highlighted India's progress in space science and artificial intelligence, and emphasized the importance of celebrating and respecting the indomitable spirit of women. He also spoke about the diversity of India's wildlife and the importance of conservation efforts.
Here's a look at some memorable portrayals of the CIA in Hollywood.
"I submitted my letter of resignation last night, which felt pretty good," Clapper told members of the House Intelligence Committee during a Congressional hearing on Thursday.
'After his warm and affectionate farewell speech, the Chief of Staff of the formation asked me, "So, now you are off to Coorg to look after your coffee estates?"' For the last time, in Army uniform and much to his surprise, I replied, "Sir, I am not from Kodagu.".'
The available information further indicates a declining trend of violence in Jammu & Kashmir and North Eastern States
'As the global economy undergoes significant transformations in 2025, India's ability to navigate the complexities of trade wars, financial realignments, and emerging blocs will be pivotal,' explain Harsh V Pant and Soumya Bhowmik.
Security has been heightened around the Ram Mandir in Ayodhya following an alleged threat from pro-Khalistan leader Gurpatwant Singh Pannun. The founder of the banned outfit 'Sikhs for Justice' reportedly threatened to attack the temple on November 16-17, coinciding with the 'Ram Vivah' festival. Ayodhya has been fortified with increased police presence, surveillance, and anti-terror measures.
A host of conspiracy theories followed, involving Indira Gandhi, her younger son Sanjay, his favourite small car project, secret funding of the Bangladesh Mukti Bahini and even the Central Intelligence Agency of the United States.
The US may re-look its human and technical intelligence apparatus in Pakistan following the attack on seven CIA officers in Khost and the failed New York bombing plot, writes security expert B Raman
'The message that we intend to leave with at the end of this trip is one of real gratitude for the friendship and the close partnership that President Biden and Prime Minister Modi have enjoyed over the last four years, but also one of tremendous optimism because we see a lot of opportunity in the future.'
Official sources said preliminary investigations have indicated the blasts were carried out by some Students Islamic Movement of India cadres, who had received training in handling of explosives in the Gulf.
Police said a 'fool-proof' security plan has been chalked out for India and Bangladesh cricket teams which are supposed to arrive in Kanpur on Tuesday.
'The central bank has highlighted that the slowdown in growth has been limited to a few sectors and overall growth is expected to pick up in the second half of the year.'
'Our attempt to honour the taxpayer has been since 2014 and more actively since 2019-2020 onwards.'
The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.
As RBI governor, Sanjay Malhotra will have to give the highest priority to the interest of the economy while deciding on the growth-inflation trade off at Mint Street.
rediffGURU Aasif Ahmed Khan counsels students on the best career options in tech and engineering.
Wing Commander Raveendran and flight steward Sargeant Iyer, though shaken and injured, managed to open the rear door of the aircraft and shouted for Prime Minister Morarji Desai and the passengers in the forward cabin to exit in haste since they suspected that fire would engulf the aircraft.
He was asked whether there are terrorist organisations that now have the capability of detonating a nuclear device in the United States.
India has its share of both large tech companies and large national laboratories, but why is it that these don't seem to be at the forefront of any innovation news headlines? asks Ajit Balakrishnan.
An Enforcement Directorate team undertaking searches in a cyber fraud linked money laundering case was allegedly attacked in New Delhi on Thursday, officials said.
The government's initiative to migrate SEZ data from NSDL software to ICEGATE system for streamlined reporting of import data caused double counting of gold imports, resulting in inflated figures and the issue has now been largely rectified, government sources said. The downward revision has provided the actual picture of trade deficit (difference between imports and exports), which was earlier looking very high. The deficit for November will now be revised downwards from $37.84 billion to about $32.8 billion. Similarly, there will be a revision in overall import numbers as well.
Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday said the central bank has developed an innovative artificial intelligence and machine learning (AI/ML) based model MuleHunter.ai to address the growing issue of mule bank accounts that are often used for committing financial fraud. Developed by the Reserve Bank Innovation Hub, the new initiative is piloted with two public sector banks.
... and there is no stopping its pan-Islamic agenda, cautions Ambassador M K Bhadrakumar.
The meeting comes in the wake of Uttar Pradesh police's anti-terrorist squad questioning Seema and his Indian partner Sachin Meena on Monday and Tuesday.
User protection and a proposal for a licensing framework for companies seeking to operate in the cryptocurrency area will be part of an upcoming consultation paper on the sector, said a senior industry executive. Even as specific regulations around crypto are yet to take shape, companies are setting up baseline user protection processes, including a redressal mechanism, fraud detection, regular filing of suspicious transaction reports (STRs), among others.
Ahead of Trump's inauguration here on January 20, the debate on foreign guest workers visas for highly skilled professionals, the H-1B, has intensified which has literally created divisions in both the Democratic and the Republican parties.
The officials said Usman, who was well familiar with the Valley terrain, was a significant figure in orchestrating numerous terror attacks since his initial activity in the early 2000s.
Pseudonymous or anonymous nature of the social media handle, analysis of the geopolitical situation and presence of VIPs onboard are some of the new criteria that agencies will keep in mind while considering the seriousness of a bomb threat made to Indian airlines.
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