India's net direct tax collections contracted 1.3 per cent to about 5.63 trillion as of July 10, with corporate taxes dropping 3.7 per cent and non-corporate taxes recording a fractional 0.04 per cent contraction, Income Tax department data released on Friday revealed.
More than 25 crore workers engaged in sectors ranging from banking, insurance, postal to coal mining, highway and construction are expected to go on a nationwide general strike on Wednesday, potentially disrupting services across the country. A forum of 10 central trade unions and their associates has called for a general strike or 'Bharat Bandh' to "oppose the anti-worker, anti-farmer and anti-national pro-corporate policies of the government".
The net inflow into equity mutual funds surged 24 per cent to Rs 23,587 crore in June, reversing the declining trend of the last five months, driven by strong equity market performance across segments, data released by the Association of Mutual Funds in India (AMFI) showed on Wednesday. Also, the latest fund infusion by investors marks the 52nd consecutive month of net inflows into the segment.
As an IAS officer in Kerala, Gyanesh Kumar -- who the Congress described as Amit Shah's 'right hand man' -- had a good working equation with the state's Congress and Left leaders.
The primary drivers: Geopolitical disruptions inflating fuel and operational costs, and a surge in travel demand.
To those who ask, "Is all this really worth it? Why can't domestic demand fill the gap?", it is important to remind them that only 13 economies since the Second World War have grown at 7 per cent or more for 25 years -- like India needs to. They all had one thing in common: Strong export growth underpinned by strong global engagement, explains Sajjid Z Chinoy.
The incident has brought back into focus the controversy that erupted last year when BJP-led governments in Uttar Pradesh and Uttarakhand directed food outlets along the Kanwar route to display the names of their owners and staff.
Siam argues that a 2040 ban could destabilise ongoing and future investments and threaten millions of jobs in the automotive value chain.
Even after 50 years, Sholay remains a lasting reminder of unity, shared memories and the joy of cinema, notes Mohammad Asim Siddiqui.
The government rejected the Opposition's demand for a discussion on electoral roll revision in Bihar, citing that the matter is sub judice and pending before the judiciary.
'Vigilance' is a dreaded term for PSB employees and there are instances where this fear is misused by the higher authorities to tame their subordinate officials. This fear always deters PSB executives from making decisions -- the fewer the decisions, the less the chance of falling into trouble, points out Tamal Bandyopadhyay.
Google's stance on the optimism and pro-innovation around artificial intelligence (AI) is very similar to the principles adopted by the Indian government under its IndiaAI Mission, the company's vice-president of government affairs and public policy in the Asia-Pacific Region, Wilson White, said.
In trade negotiations, as in chess, sometimes you need to accept a temporary disadvantage to secure a better long-term position, points out Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura.
A proposal to change the name of Mount Abu, Rajasthan's only hill station, to "Aburaj Teerth" and ban non-vegetarian food and alcohol consumption in public has sparked protests from local businesses, who fear severe economic consequences. They argue that the name change will cause confusion and the restrictions will drastically reduce tourist numbers, impacting livelihoods.
India's hospitality sector is rolling out the red carpet for investors. A flurry of upcoming IPOs, or initial public offerings, the entry of new players, and ambitious expansion plans by Indian and global hotel brands are ushering in what could be the industry's most formalised era yet. Leading the charge are real estate titans, who are turning their hotel arms into global hospitality chains.
'In no way can an advocate be considered responsible for his or her client's actions.'
The current situation in Kerala politics is perhaps best described as a case of the state's traditional two front politics now seeing a third front (the BJP) muscling in with the potential outcome being either a messy three front affair or a renewed endorsement of the two front pattern but with one of the old fronts compromised or quashed, observes Shyam G Menon.
'Bappi Lahiri was looking for a break so he and his father would meet me.' 'I told Director Bhisham Kohli about this promising young boy from Kolkata, and Bappi came over with his harmonium.' 'Bappi played this composition and Bhisham liked it immediately.' 'As we were discussing, I said I would give the words, and that's how I wrote this song.'
Google Pay, PhonePe, and Paytm may deliberately delay transactions, issue fraud alerts, and require an extra layer of user confirmation before processing any transactions that are likely to be classified as fraudulent.
For India, the challenge is to strike a balance between tactical necessity and economic priorities, point out Pravin Krishna and Monil Sharma.
By naming a sworn swayamsevak for vice president, the Modi-Shah duo have sent out a clear and positive message to Nagpur, where the RSS headquarters is located, explains N Sathiya Moorthy.
Embraer sees a lot of opportunities in India in the commercial and business jets as well as military aircraft and eVTOL segments, its CEO Francisco Gomes Neto has said as the Brazilian seeks to strengthen its foot print in the fast growing Indian market. Besides, the company is in talks with IndiGo and Air India to explore the possibility of selling its E-2 aircraft, which can have up to 146 seats.
Automobile retail sales in India rose around 5 per cent year-on-year in June with all vehicle segments, including passenger vehicles and two-wheelers, witnessing growth, Federation of Automotive Dealers Associations (FADA) said on Monday.
Many students are now looking at opportunities in the UK, Australia, and Singapore due to lower cost of living and less interference from the government.
Inflows into equity mutual fund (MF) schemes declined in May, logging their lowest tally in 13 months at Rs 19,013 crore. It came even as the gross systematic investment plan (SIP) inflows surged to a record high of Rs 26,688 crore.
At a time when the finance ministry is focusing on addressing employee grievances, the number of employees in most public-sector banks (PSBs) has declined over the last three financial years.
Valuations at current levels have historically corresponded single-digit returns.
'Who tried engine relight?' 'If the first officer was the one flying at takeoff, the captain may have taken control immediately post-thrust loss.' 'But the AAIB report doesn't clarify any of this.'
The stock and bond markets told Trump firmly that any idea of isolating China would lead to harming the US economy and this forced Trump to backtrack, points out Aakar Patel.
If the 'Captain Cool' trademark goes through, it could trigger a wave of similar attempts by celebrities to trademark nicknames given to them by fans.
Abundantly talented but more significantly, incredibly cool in crunch situations, that's how India's 88th Grandmaster and World Cup winner Divya Deshmukh was described by her formative coach Srinath Narayanan, who feels the 19-year-old chess wizard's composure is comparable only to cricket great Mahendra Singh Dhoni.
Traders in Karnataka are raising concerns over GST demand notices based on UPI transaction data. A tax official defends the action, stating it's within the law and recipients can respond with documentation.
Jain told the police that two men barged into his office on the pretext of business and one of them fired at the door.
Dravida Munnetra Kazhagam's Lok Sabha MP Dayanidhi Maran has accused his brother Kalanithi Maran of "financial crimes," and asked him to restore the entire shareholding position of Sun TV and related companies to their original state or face legal and regulatory action.
The panel will examine the reasons behind the emergence of dummy schools and their role in encouraging full-time coaching at the cost of formal schooling, and will suggest ways to mitigate the issue.
These plans are suited for individuals and families with regular OPD needs -- those managing chronic illnesses and families with young children or elderly members.
Khelo Bharat Niti: Regulatory bodies for better sports administration but will IOA, NSFs play ball?
'BSE has facilitated nearly Rs 35 trillion in capital raising across multiple segments.'
The shareholders of Zomato have approved a special resolution to rename the firm 'Eternal', the company informed in a stock exchange filing. The brand name of the company's food delivery business Zomato will remain the same, along with the app. Eternal will comprise four major businesses (as of now) -- Zomato, Blinkit, District, and Hyperpure.
Government employees in Bangladesh locked down the main gate of the Bangladesh Secretariat in Dhaka, protesting a new service law that allows for easier dismissal of officials for misconduct. The protest, which lasted for about half an hour, disrupted government operations. The employees also threatened to continue their protests until the ordinance was scrapped. Meanwhile, the protest by employees of the Dhaka South City Corporation, demanding the installation of BNP leader Ishraque Hossain as its mayor, has brought administrative services to a halt. These protests, coupled with concerns raised by the business community and the military, highlight a growing sense of unease in Bangladesh over the policies of the interim government.
