'No retaliatory tariffs now. You can retaliate after a few months.' 'Today, there is no need to retaliate because it is a question of long term benefits.'
Describing the DAD as the "guardian of defence finance", he emphasised the need to bolster the internal vigilance mechanism so that any suspicious activity can be detected and reviewed immediately.
Will allowing business correspondents to hawk insurance products help in reviving 5-lakh strong field agents as a viable channel?
A new cyber fraud known as 'pig butchering scam' or 'investment scam' has emerged, targeting unemployed youths, housewives, students, and needy people who are made to lose large sums of money daily, according to the latest annual report of the Union home ministry.
In Debasish Panda's last board meeting as chairperson of the Insurance Regulatory and Development Authority of India (Irdai), the regulator approved the "R2" licence for Kamlesh Goyal and Prem Watsa-backed Value Attics Reinsurance, making it the first private-sector Indian reinsurer after GIC Re, the public-sector reinsurer. "The authority reviewed and approved the R2 application of Value Attics Reinsurance, making it the first private-sector reinsurer after GIC Re, the public-sector reinsurer.
'I don't think we have ever seen such alignment of everything that we need in the banking sector.'
In FY24 alone, 1.34 million fraud cases were reported, amounting to losses of Rs 1,087 crore.
At the PMO, policies are framed by factoring in analytical perspectives, implications, sustainability, and other dimensions.
Implications for capital gains, wealth taxes, and investment strategies require careful consideration, notes Anil Rego, founder and CEO, RightHorizons.
'...an hour before he was hanged from the film Badal, 'Apne liye jiye toh kya jiye'... 'I saw eight hangings -- Ranga and Billa, Maqbool Bhat, Kartar Singh and Ujagar Singh (Dr N S Jain murder case), Satwant Singh and Kehar Singh (Indira Gandhi assassination case) and Afzal Guru.'
Isn't there something significant in the UPI example for all of us to learn from and execute to enable world-scale success for our startups?, asks Ajit Balakrishnan.
The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.
Dan Scavino, Assistant to the President and White House Deputy Chief of Staff on Thursday said that United States President Donald Trump has officially signed the commission to confirm Kash Patel as the ninth Director of the Federal Bureau of Investigation (FBI).
While the BJP has assured voters that these benefits will not be discontinued, AAP leaders have questioned the party's long-term commitment.
The Budget should undertake further reductions in import tariffs and seriously consider an announcement of India's intention to join one or both of the two Asian mega-regional free trade agreements, suggests Shankar Acharya, former chief economic adviser to the Government of India.
In the shadows of a sliding rupee, India's knitwear hub Tiruppur is weaving a success story. While the domestic currency edges closer to the 86 mark against the US dollar, triggering concerns for many sectors, this textile town in Tamil Nadu is finding opportunity in adversity: Between April and December alone, Tiruppur's exports reached Rs 26,000 crore, almost eclipsing last financial year's total of Rs 30,690 crore.
In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced an increase in the threshold for Tax Deduction at Source (TDS) on rent from Rs2.40 lakh per annum to Rs6 lakh per annum while presenting the Union Budget 2025-26. Presenting the budget in Lok Sabha, the Finance Minister said, "The annual limit of Rs 2.40 lakh for TDS on rent is being increased to Rs 6 lakh.
The electoral bonds scheme for funding political parties should not become a tool for "legitimisation of quid pro quo" between power centres and people who are benefactors of that power, the Supreme Court said on Thursday as it underscored the need for reducing the cash component in the electoral process.
What is pushing students to take this extreme step?
A day after six persons died in the Tirupati stampede, the Andhra Pradesh government on Thursday announced a judicial inquiry into the incident that seems to have been the result of a policeman's innocuous act of opening the gate with the intention of aiding a sick woman.
Putin is keen on establishing a good personal rapport with Trump and anchor a meaningful US-Russia partnership, realistic enough to accept that Trump is as good an American president as Russia would ever get, observes Ambassador M K Bhadrakumar.
'Gyanendra back on the throne would be bad news for the Nepali people. He may not have learnt from his experience, but we have.'
Seventeen persons, including four hailing from Taiwan, were arrested by Ahmedabad Cyber Crime Branch for allegedly operating a nationwide 'digital arrest' racket, a Gujarat police official said on Monday.
The average Indian works 46.7 hours per week, surpassing even China's 46.1 hours. In some sectors, the numbers are even more staggering.
India has raised concerns with the US over the recent deportation of 104 Indian immigrants, with Foreign Secretary Vikram Misri revealing that US authorities have identified up to 487 presumed Indian citizens with "final removal order." Misri also highlighted the "ecosystem to promote illegal migration" and stressed the need for action against those involved in facilitating such operations.
'Some part could be used for consumption purposes, and the rest could be used to meet important financial goals.' 'The split can be 30:70 to 50:50, depending on one's situation.'
The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.
Maharashtra Health Minister Prakash Abitkar has linked 80% of suspected Guillain-Barr Syndrome (GBS) cases in Pune to water contamination around a well in Nanded village. The state health department and the Pune Municipal Corporation (PMC) are taking measures to address the issue. The well is a source of water for surrounding villages, and officials suspect contamination is leading to the spike in GBS cases. The minister emphasized that GBS affects individuals with weak immunity, and campylobacter jejuni bacteria, usually causing stomach infection, can trigger the disease. The PMC has conducted water sample tests, with some showing evidence of norovirus and campylobacter jejuni. Clean drinking water is being provided through tankers to affected areas.
The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to touch Rs 236 trillion. The operating and net profit were also robust. At Rs 1.5 trillion, operating profit grew by 14.4 per cent year-on-year (Y-o-Y) while the net profit saw an impressive 25.6 per cent jump at Rs 85,520 crore in the first half of FY25.
If it is opaque, then who else will speak up against it if not the concerned minister, Rijiju said.
Modi lived up to his declaration that his visit was purely meant to strengthen India's relationship with the US, but there may be situations in which our silence on some issues will haunt us in the future, cautions Ambassador T P Sreenivasan.
The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions.'
India should convert the Trump threat to an India opportunity, re-embracing a more liberal trade regime as a way of reviving manufacturing output and exports.
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
'Neither are Baloch insurgents capable of breaking up Pakistan, nor has Pakistan learned any lessons from the 1971 debacle that led to the country's dismemberment.'
Chief Justice of India DY Chandrachud on Thursday said the Supreme Court has onboarded the National Judicial Data Grid (NJDG), a repository of data on pendency and disposal of cases right from taluka to the national level.
Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.
President-elect Donald Trump has nominated Kash Patel, a close confidante, as the Director of the Federal Bureau of Investigation (FBI). This appointment would make Patel the highest-ranking Indian American in Trump's incoming administration. Patel has previously served in various roles in the Trump administration, including Chief of Staff at the Department of Defense, Deputy Director of National Intelligence, and Senior Director for Counterterrorism at the National Security Council. Trump praised Patel's work in uncovering the "Russia, Russia, Russia Hoax" and his commitment to "bringing back Fidelity, Bravery, and Integrity to the FBI." Patel, who has extensive experience in law enforcement and national security, is known for his work on the Russia investigation and his criticism of the "deep state."
Indian Americans contribute approximately 5% to 6% -- roughly $300 billion -- in federal tax revenues annually.
Trump spoke approvingly of his recent telephone conversation with Xi Jinping. This could indicate the possibility of America and China reaching some level of tactical accommodation, which would not be good news for India, points out Ambassador Shyam Saran, a former foreign secretary.
