Finance Minister (FM) Nirmala Sitharaman has presented a forward-looking Budget, reinforcing the government's commitment to 'Reform, Perform, and Transform'.
The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions.'
The sight of immaculately-dressed line judges standing or crouching at the side and back of the grass courts has been a feature at the Grand Slam for 147 years.
'What I hope to do is provide a vehicle for that scale and growth in literacy and English as a second language here.'
Union Minister Ashwini Vaishnaw had earlier called out the remarks made by Zuckerberg on the Joe Rogan podcast. "Mr. Zuckerberg's claim that most incumbent governments, including India in 2024 elections, lost post-COVID is factually incorrect," Vaishnaw had said in a post on X (formerly Twitter) on January 13.
Twenty-year-old Arjun Tanwar, arrested for killing his parents and sister at their south Delhi residence, had searched online about methods of murder before committing the crime, police sources said on Thursday.
'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.
Siemens's share price has lost ground in the past few sessions following weak management commentary. The management indicated challenges to the growth outlook due to stagnant private capex and concerns over semiconductor shortages for digital industries. Government infra-spending may regain momentum from January 2025.
The income tax department has extended the date for filing audit report for 2023-24 by 7 days till October 7. In a circular, the I-T department said considering the difficulties faced by taxpayers in electronic filing of various audit reports under the Income Tax Act, the deadline is being extended from September 30 to October 7.
The Federation of Indian Export Organisations (FIEO), the apex body for exporters, is formulating a strategy for five key sectors to boost exports to the United States (US), as President-elect Donald Trump has threatened to impose high tariffs on Chinese goods. "This time, we need to be proactive instead of reactive.
Here is a list of items set to become cheaper and costlier.
The final turnout in the Maharashtra assembly polls was 66.05 percent, up from 61.1 percent in 2019, according to the Election Commission. The polling percentage for the Nanded Lok Sabha bypoll was 67.81 percent. The increase, excluding postal ballots, highlighted the EC's efforts to engage a broader electorate, the statement added. Kolhapur led with 76.63 per cent, followed by 75.26 per cent in Gadchiroli, while the lowest was in Mumbai island city at 52.07 per cent and 55.95 per cent in the metropolis' suburban district. More than 68,000 citizens aged over 85 and 12,000 individuals with disabilities cast their votes through home voting.
Aviation watchdog DGCA has issued a warning letter to Akasa Air's accountable manager Vinay Dube, who is also its founder and CEO, for regulatory lapses, days after the airline was warned for violating norms related to handling dangerous goods.
The Maharashtra cabinet has approved the mandatory use of FASTag for toll collection across the state from April 1. This move is expected to streamline administrative processes, enhance transparency, and reduce congestion at toll plazas. The cabinet also approved revisions to the Rules of Business, streamlining administrative functioning and making it more efficient. The revisions include provisions related to matters to be presented before the cabinet, cases requiring approval from the Chief Minister or Governor, and procedures for meetings of the cabinet and council of ministers.
The counting of VVPAT slips aims to verify the tally of votes recorded EVMs against the corresponding VVPAT slips, the ECI said, adding that representatives of candidates were present throughout the process.
'To attribute motives to the individual election commissioner or the Election Commission as a group is very unfair.'
The escalation in the US-China trade war is expected to help India increase its exports and attract investments from American companies, think tank GTRI said on Friday. He said that last month, the US Senate introduced two bills that could intensify the trade war and have major global economic impacts if passed.
The 100-stock largecap basket of Mutual funds (MFs) has seen a major reshuffle in the latest semi-annual reclassification with seven midcap stocks and four new listings earning the largecap tag. According to a report from Nuvama Alternative & Quantitative Research, the midcap stocks that have been upgraded include CG Power, Rail Vikas Nigam, ICICI Prudential Life Insurance, Polycab India, Indus Towers, Cummins India, and Info Edge.
Net flows from domestic institutional investors crossed Rs 5 trillion for the first time during a calendar year.
The Indian Air Force (IAF) has seen a reduction in fighter squadrons due to the phasing out of ageing MiG-21, MiG-23 and MiG-27 aircraft. The Parliamentary Standing Committee on Defence acknowledged the "shortage" and highlighted the multi-pronged approach being taken to address it. This includes the induction of indigenous Tejas fighters and the procurement of additional LCA Mk-1A aircraft. The report also addresses concerns over "incidences of spying" within the IAF and details the action taken against those involved.
Senior Nationalist Congress Party (NCP) leader Chhagan Bhujbal expressed disappointment at not being included in the new Mahayuti government in Maharashtra. He stated he would decide his future course after consulting with his constituency. Bhujbal was one of several prominent leaders excluded from the new cabinet, which was expanded on Sunday. The exclusion sparked reactions from other political figures, including former minister Deepak Kesarkar and Congress leader Bhai Jagtap.
While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment and spending, points out Rajani Sinha.
The charging infrastructure expansion includes the setup of over 600 DC charging stations by 2030 (including company-owned and company-operated ones) in addition to partnerships with over 10,200 charging points, collaborating with operators like Shell, Charge Zone, and Statiq.
Delhi's crime rate against women stood at 144.4 in 2022 -- the highest among all states and Union Territories.
'At Aero India 2025, be prepared to be inspired, awed, and educated,' says Air Commodore Rohith Vijayadev, Air Officer Commanding Yelahanka. 'Aero India 2025 promises to be more than just an air show; it is a celebration of innovation, collaboration, and India's growing leadership in global defence and aviation,' notes Air Commodore Nitin Sathe (retd).
Maharashtra's Chief Electoral Officer S Chockalingam has dismissed claims of a surge in voter turnout in the final hour of polling for the state assembly elections, calling it an "average " process. He clarified that the state's large size and the usual voting patterns in Maharashtra account for the apparent increase. Chockalingam also addressed concerns raised by opposition parties about the Electronic Voting Machines (EVMs), assuring their reliability and transparency.
'We have to be prepared for the larger disruption that is likely to take place.'
More than 40 new product launches are expected at the upcoming Auto Expo which will be held under the umbrella of Bharat Mobility Global Expo 2025 from January 17-22, a government official said on Tuesday. With visas continuing to be an issue, large scale participation of Chinese companies are unlikely although some of them are participating at the expo, Joint Secretary at Ministry of Commerce and Industry Vimal Anand said at the sidelines of curtain raiser of 'Bharat Battery Show' which will also be a part of the Bharat Mobility Global Expo 2025.
HAL, BEL and MDL feature on Sipri's list of the 100 largest arms producers in the world.
Nationalist Congress Party-Sharadchandra Pawar leader Rohit Pawar on Friday alleged 25-30 Bharatiya Janata Party workers at midnight tried to enter the strong room where electronic voting machines (EVMs) of Karjat-Jamkhed constituency, from where he contested, are kept.
Due to the prevailing geopolitical situation, like-minded countries are collaborating with India to make it a major semiconductor manufacturing destination, a top Electronics and IT ministry official said on Sunday. In an interview with PTI, Ministry of Electronics and IT Secretary S Krishnan said pilot facilities of US storage semiconductor maker Micron and Tata Electronics have already rolled out chips, and their main plants in Gujarat will begin to produce made-in-India chips from the later part of 2025.
'If the BJP detoxifies the nuclear liability law, it will bring economic, environmental and, most of all, strategic benefits.' 'Let's keep our fingers crossed and hope that this Budget promise is met soon -- ideally, before Mr Modi heads to his first meeting with Trump 2.0,' observes Shekhar Gupta.
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.
Front-running is a fraudulent practice where traders exploit advance knowledge of large client orders for personal profit.
Prominent businessman Boby Chemmanur was taken into custody on Wednesday by a Special Investigation Team (SIT) investigating the sexual harassment case filed by Malayalam actress Honey Rose, official sources said on Monday.
The Supreme Court on Tuesday dismissed a plea seeking to revert to paper ballot voting in elections in the country, saying allegations of tampering with electronic voting machine (EVM) raked up only when people lose polls.
Ahead of Republic Day, the Indian Army announced on Thursday the addition of two new features to this year's parade: battlefield surveillance systems and a Defebce Research and Development Organisation tableau showcasing Pralay, short-range ballistic missiles.
Pawar said, "The state will have one chief minister from BJP and two deputies from other two parties of Mahayuti. Tentatively, the oath taking ceremony will take place on December 5. We have decided to move ahead with a strong vision."
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