The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).
Seers from various 'akharas' took the first 'Amrit Snan' at the Maha Kumbh on Makar Sankranti on Tuesday as an unbroken stream of people converged at the Triveni Sangam on the occasion with around 3.5 crore devotees taking a dip.
Exporters on Thursday sought a fund of Rs 750 crore for three years to tap USD 25 billion export potential in the US, aiming to seize potential opportunities that may arise as the US President-elect, Donald Trump, has threatened to impose high tariffs on Chinese goods. In its pre-Budget meeting with the finance ministry, Federation of Indian Export Organisations (FIEO) President Ashwani Kumar has also demanded extension of the five per cent Interest Equalisation Scheme (IES).
The four students -- two boys and two girls aged 18-20 -- were studying at the nearby Novgorod State University in Veliky Novgorod city.
On Thursday, the apex court ruled that the Delhi government has legislative and executive powers over the administration of services, except for public order, police and land.
Union minister Jitendra Singh on Thursday said states have not been sponsoring adequate number of officers for central deputation which has prompted changes in the service rules.
Over 200 individuals in Rajouri, Jammu and Kashmir, have been quarantined after 17 people, including 13 children, died from a mysterious illness. The deaths have sparked concerns about the spread of the illness, and a medical emergency has been demanded by local officials. A central team is investigating the cause of the deaths, with over 230 samples sent for testing. Officials have identified a common factor among the deceased: brain involvement and damage to the nervous system. Three patients have been airlifted to a hospital in Jammu, and one patient has been airlifted to PGI Chandigarh for further treatment.
The Pinjari family faced a devastating turn of events as siblings Jishan and Jia were swept away with two others by a strong wave in the Volkhov river in Russia.
Gupta, along with some other leaders, joined the Bharatiya Janata Party in the presence of Union minister Hardeep Singh Puri and the party's national general secretary Vinod Tawde.
'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.".'
'He is the key to unravel the 26/11 conspiracy.'
The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.
A total of 761 candidates -- 545 men and 216 women -- have cleared the examination as per results announced on Friday.
Following is the gist of the controversy over sudden transfer of West Bengal Chief Secretary Alapan Bandyopadhyay, who retired on Monday, to Delhi and related rules.
The move comes ahead of two retired security experts planning to write a book against the government's Pakistan policy.
Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?
With Donald Trump all set to become US president, Indian exporters may face high customs duties for goods like automobiles, textiles and pharmaceuticals if the new US administration decides to pursue the 'America First' agenda, opined trade experts. Experts also said that Trump could also tighten H-1B visa rules, impacting costs and growth for Indian IT firms. Over 80 per cent of India's IT export earnings come from the US, making it vulnerable to changes in visa policies.
As Odisha and West Bengal are bracing for a severe cyclonic storm, governments of both states started evacuating people and while deciding to close educational institutions in vulnerable areas.
For Yogi Adityanath the successful management of the fair is a crucial part of building 'Brand UP' and making the state a $1 trillion economy.
As many as 80-85 per cent Paytm wallet users will not face any disruption because of regulatory actions, and the remaining users have been advised to link their apps to other banks, RBI Governor Shaktikanta Das said on Wednesday. The Reserve Bank of India on January 31 barred Paytm Payments Bank Ltd (PPBL) from accepting deposits, credit transactions, or top-ups in any customer accounts.
"The complaint says that during Puja Khedkar's posting as an assistant collector, Dilip Khedkar allegedly used threatening language against tehsildar Dipak Akade, asking him to allot a cabin for his daughter even as he had no right to interfere in the administrative functioning," an official said.
It will be the second Budget of the Modi 3.0 government and eighth straight Budget for Nirmala Sitharaman, rare in Indian polity.
The minister said considerable tracts of land belonging to the Waqf board had been illegally occupied, but assured that it will be vacated and used to build schools, hospitals and parks.
Private equity (PE) activity in India between January and November 2024 recorded a total value of $30.89 billion across 1,022 deals, a 22.7 per cent increase in value and an 18.4 per cent rise in deal count compared to $25.17 billion across 863 deals during the same period in 2023. Notable large deals during the period include Walton Street India Investment Advisors at $1.5 billion, and KiranaKart Technologies at $1.35 billion.
'The tide started to turn against the BJD when V K Pandian toured the districts gathering people's grievances last year.'
The President He said his administration will not allow any State agreements that may compromise the country's sovereignty, The Edition newspaper reported.
Prayagraj is transforming into a massive temporary city to host the Maha Kumbh, the world's largest religious gathering, expected to draw over 40 crore pilgrims. The preparations include extensive infrastructure development, including 160,000 tents, 150,000 toilets, and a 1,250-km pipeline network. The event, starting on January 13, will culminate on February 26, bringing together millions of devotees for the holy dip at the confluence of the Ganga, Yamuna, and Saraswati rivers.
Delhi faces a severe financial crunch and the deficit is largely due to numerous welfare schemes without adequate revenue flowing in. The success of welfare schemes and electoral promises will need careful financial planning and out of the box thinking to whip up additional revenue, notes Ramesh Menon.
Veteran bureaucrat and former Indian ambassador to the United States, Dr Abid Hussain, died in a hotel in London on Thursday morning following a heart attack.
Khan was made an advisor in March last year when G C Murmu was the Lt Governor, and he continued in the post under Murmu's successor Manoj Sinha.
Naveen Patnaik is known as an "absentee landlord" who needs bureaucrats like Pandian to run his government.
This is the first deal by an Indian startup after the sector was opened to private companies in 2020.
He had taken charge as the 25th director general of the Indian Coast Guard on July 19 last year.
The Indian Air Force, in particular, has grown from a very modest beginning just about 90 years ago, to being "one of the most formidable air forces in the world", the IAF chief said.
Election Commissioner Rajiv Kumar was on Thursday appointed as the next chief election commissioner.
If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya.
The move comes after it noticed instances of certain all India service officers not conducting themselves fully in consonance with the spirit of the AIS (Conduct) Rules, 1968 while on study leave.
'This is leading to anarchy.'
Squadron Leader Kanwal Deep Mehra's daredevilry during the 1971 War brought down a Pakistani F-86 Sabre. But he had to bail out of his plane, was badly injured. Then a fierce band of armed guerillas evacuated him to safety at great risk to their lives.
Three of the junior doctors who were observing 'fast unto death' in Kolkata and Siliguri city in the northern part of the state have so far been hospitalised after their condition deteriorated.
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