With respect and gratitude we honour the memory of soldiers who sacrificed their lives in Operation Sindoor.
Kubera is a well-intentioned addition to Shekar Kammula's cinematic universe that drags on but never loses its prescient quality, notes Arjun Menon.
In its first official engagement with the Indian government, Elon Musk-led Tesla and other global automotive (auto) manufacturers sought clarification on the new electric vehicle (EV) policy, specifically regarding investment guidelines and the timeline for the domestic value addition (DVA) requirement. Officials who attended the meeting told Business Standard that the original equipment manufacturers (OEMs) tried to understand whether the complete investment would be made within three or five years and the duration they would have to achieve the 50 per cent DVA. "The consultation meeting was convened to address queries from auto OEMs.
'...from the recovered part of the throttle quadrant -- the control panel that manages engine power -- it is hard to say at this stage if the locking mechanism was damaged in any way.'
Competition from Nepalese teas -- which has duty free access to the Indian market -- has emerged as a lower-cost alternative to Darjeeling tea, challenging its viability.
Industry experts are demanding a change in the inverted duty structures this Budget to boost domestic industries.
The most striking features of this Budget was its focus on simplification and improving the ease of doing business in India, asserts Kaku Nakhate.
Posing a series of questions to the prime minister, Congress general secretary in-charge communications Jairam Ramesh also asked if Modi would convey to the US president that India would send its own aircraft -- like Venezuela and Colombia did -- to bring back Indian deportees in the future.
The rupee has held its ground against the US dollar in the 2025 calendar year so far, but depreciated significantly against the euro and pound. It fell by 6.83 per cent, and 5.44 per cent against the euro and pound respectively, as the two currencies strengthened significantly against the greenback during the period.
The Bharat Mata controversy in Kerala shows how political and symbolic fights between the state and the Centre have taken attention away from education, throwing the state's oldest university into confusion and disorder, observes Shyam G Menon.
The 25-year-old Gill is a front-runner favourite to replace Rohit Sharma as next Test captain ahead of England tour, starting June 20.
'As negotiations continue, the path forward demands not only diplomatic skill, but also vigilance against legal asymmetries embedded in America's trade playbook.'
The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.
While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors.
The foremost lesson for India today is to beef up its air defence to cater for multiple drone attacks. As seen in Operation Sindoor, we have come a long way, but there's room for getting better. We must develop a robust and almost impregnable air cover over ourselves, asserts IAF veteran Air Commodore Nitin Sathe (retd).
WTC-bound SA players to miss play-offs after BCCI asks teams to release them by May 26
'When Prime Minister Modi met President Trump, they agreed to initiate a bilateral trade dialogue.' 'It makes sense to give these negotiations a chance.'
The new scheme, promoting manufacturing of electric vehicles (EVs) by global majors, will give a fillip to companies like Tesla and its upstart rival Vinfast, both of whom have lobbied for lower import duties from the Centre. While Vinfast has already announced an investment of Rs 4,000 crore to set up an electric vehicle (EV) plant in Tamil Nadu, Tesla's next move will be watched carefully. Four years ago, Musk announced that his company would come to India.
"The new structure will substantially reduce taxes on the middle class and leave more money in their hands, boosting household consumption, savings and investment," Sitharaman said presenting what was dubbed as 'reformist' budget for the next fiscal in Lok Sabha.
Telecom services providers have urged the Ministry of Finance to suspend the universal service obligation (USOF) till the existing corpus is exhausted. In their Budget recommendations, they have also pressed for an exemption from the service tax on "assignment of right to use natural resources" and the slashing of Customs duty on telecom equipment to zero. The Cellular Operators Association of India (Coai), which represents private sector telecom operators Reliance Jio, Bharti Airtel, and Vodafone Idea, called for abolishment of USOF levy.
The Supreme Court of India has ordered a progressive reduction in the deputation of Indian Police Service (IPS) officers to Central Armed Police Forces (CAPFs) over the next two years, citing concerns over the delayed promotions of cadre officers. The court's decision aims to address the long-standing grievances of CAPF officers who feel their promotional prospects are hampered by the presence of IPS officers in higher ranks. The ruling also mandates a cadre review of the CAPFs to be completed within six months, addressing the issue of stagnation in the service hierarchy. The court's decision acknowledges the valuable contributions of CAPF officers while also recognizing the need to balance their promotional prospects with the operational requirements of the forces.
There is a need to incentivise R&D investments, offer corporate tax concessions and establish an effective intellectual property rights regime in order to push the growth of domestic pharmaceutical industry, as per the industry bodies. Outlining the sector's wish list for the upcoming Union Budget, Organisation of Pharmaceutical Producers of India (OPPI) Director General Anil Matai urged the government to explore methods to incentivise R&D investments, such as deductions on R&D expenses, research-linked incentives for MNCs, and corporate tax concessions.
The government on Thursday imposed import restrictions on laptops, tablets, all-in-one personal computers, ultra small form factor computers, and servers with immediate effect. The Directorate General of Foreign Trade (DGFT) in a notification said exemption from import licensing is provided up to 20 items per consignment for R&D, testing, benchmarking and evaluation, repair and return and product development purposes.
Shreyas Iyer's inspiring leadership faces its toughest test yet when Punjab Kings host an equally upbeat Royal Challengers Bengaluru in Qualifier 1 of the Indian Premier League in Mullanpur on Thursday.
The tech community, which was getting ready to use the ChatGPT fever and raise unlimited capital for their businesses, is going to face tougher obstacles now, predicts Ajit Balakrishnan.
"I am telling you, these countries are calling us up, kissing my a***," Trump said during a speech at the National Republican Congressional Committee dinner on Tuesday.
The US on Tuesday again placed India on its 'priority watch list' stating that New Delhi remains one of the world's most challenging major economies with respect to protection and enforcement of intellectual property (IP) rights.
The 21-month-long Emergency also saw the government amend the Constitution several times, including to keep the elections to the offices of President, Vice President, Prime Minister and Speaker beyond the scrutiny of courts and insert the words 'socialist', 'secular' and 'integrity' in the Preamble.
'It has also outlived its initial purpose of reducing physical gold imports.'
The three-month deadline for the finance ministry to take a decision on the recommendations of the commerce ministry has ended this week.
Javi Hernandez produced an injury-time winner as Jamshedpur FC edged Mohun Bagan Super Giant 2-1 in the first leg of their Indian Super League semi-final.
18% cent GST on iPhones continues to weigh heavily on the final cost to Indian consumers, limiting the impact of price cuts.
In august last year, the government had raised import duty on gold and silver to 10 per cent to curb the surging imports and burgeoning CAD.
Arsenal, who trail Premier League leaders Liverpool by 12 points with nine games remaining, host Real Madrid in the first leg of their Champions League quarter-final next week.
India will never provide company or enterprise-specific incentives in the electric vehicle sector, a top government official said on Friday, amid a push from American electric carmaker Tesla for special sops to set up its factory in the country. If the government has to consider providing incentives then it will only be for all EV makers and entrants who want to come to India, the official said. The official added that inter-ministerial discussions have happened on the customs duty concession demand of the US-based electric car maker Tesla, but "we never" came to any conclusion on those.
Will Russia's entry deter Trump on his warpath?, asks Ambassador M K Bhadrakumar.
The Trump trade shock is a chance to push long-overdue reforms, rather than tinker with tariffs to appease the US, suggests M Govinda Rao.
The government on Saturday imposed a 40 per cent duty on the export of onions to increase domestic availability amid signs of increasing prices. The export duty, which is the first time ever on onion, has been imposed as the retail sale price of the kitchen staple, according to government data, touched Rs 37/kg on Saturday in Delhi. The finance ministry through a Customs notification imposed a 40 per cent export duty on onions till December 31, 2023.
'According to JP, Indira Gandhi was not much of a danger to democracy. He said, it was Sanjay Gandhi and his gang.'
