LTIMindtree's (LTIM's) December quarter revenue, at $1.139 billion, was up 1.8 per cent quarter-on-quarter (Q-o-Q) (5.6 per cent year-on-year or Y-o-Y) in constant currency (CC) terms, marginally ahead of expectations.
'The finance minister missed yet another opportunity to simplify the income tax structure in the Budget.' 'This was an opportune moment to get rid of the old tax system entirely and move fully to the new system,' asserts M Govinda Rao, member of the 14th Finance Commission.
Fintech firm BharatPe is targeting an initial public offering (IPO) in the next 18-24 months with the company expecting profitability at an earnings before interest, taxes, depreciation and ammotisation (Ebitda) level for FY25, chief executive officer (CEO) Nalin Negi said.
Tamil Nadu Governor R N Ravi has given his assent to a bill banning online gambling which was adopted in March by the state assembly for a second time, official sources said on Monday.
'Our attempt to honour the taxpayer has been since 2014 and more actively since 2019-2020 onwards.'
US senators have alleged that TikTok, owned by the Chinese Communist Party, has interfered in elections of various countries, including India, and called for extending the deadline for a ban on the platform in the US. They applauded India's ban on the social media platform, citing concerns about Chinese propaganda and data harvesting. Lawmakers, including Democrats and Republicans, introduced legislation to delay the ban by 270 days, arguing it would allow for a more thorough review of the implications and potential alternatives to a ban. They also criticized the rushed nature of the ban and its potential impact on free speech and the livelihoods of American users.
Government strategists are trying to ensure that the requisite 16 of the 31 states ratify the Bill by the end of this month
The Centre is likely to introduce the Central GST and integrated GST bills in late November or early December in the ongoing session in the form of money Bills.
Prime Minister Narendra Modi on Friday identified agriculture, education and health as three sectors where he believes technology can play a big role, and highlighted efforts of his government.
Today even those who support Prime Minister Modi feel there is a certain sense of listlessness in this government. What is it intending to achieve? This is not easy to say, notes Aakar Patel.
'BJP has lot of money. Even a rich person like me is scared of taking on the financial muscle of the BJP.' 'What is the point of throwing money? Result toh aane wala nahi hai.'
The UIDAI, set up in 2009, will manage the generation and authentication of Aadhaar numbers.
The Rajya Sabha on Tuesday gave its green light to the Multi-State Cooperative Societies (Amendment) Bill 2023. This Bill introduces significant amendments to the Multi-State Cooperative Societies (MSCS) Act. These modifications aim to enhance the transparency and accountability of these cooperatives' operations in a bid to improve governance.
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.
However, copious oil supplies amid growing global output and slowing Chinese oil consumption will put India in a better bargaining position with Gulf suppliers.
Have you wondered how many days of work -- depending on your net monthly income -- you would have to put in to buy the top-end iPhone 16 Pro?
Ensure the sum insured for the super topup is enough to cover even worst-case scenarios.
While the government has the option of ensuring the passage of these Bills as money Bills, there are voices within the government advising discretion on the GST roll-out by April 1.
Customers frequently sign without reading the terms and conditions, resulting in a poor understanding of coverage, and eventually leading to partial payouts
Using credit or debit cards abroad can prove costly.
We asked you, dear readers to share your best tips on saving money. Sudhir Mateti, 49, from Pune shared his six golden rules.
The government is likely to propose a penalty of up to Rs 500 crore for violating provisions of the Digital India Bill, according to sources. Under the proposed bill, the Centre may authorise any government agency to monitor and collect traffic data generated, transmitted, received or stored in any digital system to enhance cyber security. It also aims to identify, analyse and prevent intrusion or spread of malware or virus.
The Bill neither plans to make the Aadhar mandatory or limit its issuance to citizens.
Manmohan Singh represented the finest aspects of India, asserts Aakar Patel.
'Within India, people want high-quality, personalised banking services, and the demand for such services has exploded.'
Amid a growing chorus in the party for his elevation, Tamil Nadu sports minister and son of Chief Minister M K Stalin, Udhayanidhi, was elevated as the deputy CM on Saturday with additional responsibility, in a cabinet reshuffle that saw the return of V Senthil Balaji to the council of ministers two days after securing bail in a money laundering case.
Russia's state-owned oil firm Rosneft has agreed to supply up to 500,000 barrels per day (bpd) of crude oil to Indian upstream oil and gas major Reliance Industries (RIL) in the largest-ever energy deal between the two countries, Reuters reported on Thursday. The 10-year agreement amounts to 0.5 per cent of global oil supply and is valued at roughly $13 billion per year at current prices, it said.
To check black money menace, the Cabinet on Tuesday approved a new bill that would give more powers to the tax department in tracking illicit wealth stashed abroad and provide for strict penal actions for such offence.
The SIT on black money has widened its probe.
'Credit card debt comes with high interest cost and stringent penalties.' 'If you do not repay on time, the costs balloon.'
The Tamil Nadu assembly on Thursday once again unanimously adopted the bill to ban online gambling, weeks after state Governor R N Ravi had returned it to the government for its reconsideration.
The output of eight key infrastructure sectors expanded by 2 per cent in September, though the growth was slower than the 9.5 per cent registered in the same month last year, according to official data released on Wednesday. The output of these sectors had contracted by 1.6 per cent in August. Out of the eight key sectors, three -- crude oil, natural gas and electricity -- recorded negative growth in September.
The Trinamool Congress on Thursday refuted accusations of a police cover-up by the parents of the woman doctor who was allegedly raped and murdered, insisting that a newly surfaced video contradicts their claims by showing the family previously satisfied with the investigation.
Tata Indica, the Tata Group's big passenger car bet, was not delivering expected returns a year into its launch. Desperate, the Tata Motors brass, led by Ratan Tata, acceded to a meeting request from Ford Motors for a possible sale of the passenger vehicles division to the American auto major. Some people had advised Tata to sell the business, and the Ford officials came to Bombay House to hold talks.
The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay.
rediffGURU Anu Krishna offers advice on how to deal with complicated situations in a relationship.
'Compare the new slabs with the previous years to understand if your tax liability will increase or decrease after the Budget.'
'If people want to work 90 hours, we should let them work.' 'If people want to work 30 hours, you should let them work 30 hours.' 'But they should not expect the same level of success and attention.'
'Today, let us reaffirm our commitment to strive to realise Gandhiji's dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us that rights and duties are but the two sides of the coin - indeed, the true source of rights is duty. Today we recall his lessons in compassion too - compassion not only for our human neighbours but also for our other neighbours, namely, flora and fauna, rivers and mountains.'
In a stunning comeback, Hemant Soren's Jharkhand Mukti Morcha-led alliance on Saturday stormed to power in Jharkhand for a second consecutive term, winning 56 seats in the 81-member assembly, despite an all-out blitz by the Bharatiya Janata Party-led National Democratic Alliance which managed only 24 seats.
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