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Budget clubs IT services, offers 15.5% safe harbour to woo global firms

Safe harbour for IT services shall be approved by an automated rule-driven process without any need for tax officer to examine and accept the application IMAGE: People watch the live telecast of......

AI push: Tax break for global cloud firms using Indian data centres

The Union Budget on Sunday proposed a tax holiday till 2047 for foreign companies that provide cloud services to customers globally using data centres located in India, signalling the government's......

Budget 2026: 7 new high-speed rail corridors announced

Two dedicated freight corridors -- Eastern and Western -- are in operation covering several states and districts. IMAGE: Japan's Nozomi bullet train. Photograph: Reuters Key Points A new......

STT hike in F&O to deter speculative trading: FM

Finance Minister Nirmala Sitharaman on Sunday announced an increase in the Securities Transaction Tax (STT) on Futures and Options trade with a view to discouraging small investors from speculative......

'Have Muslims Faced Problems In Maharashtra?'

'We have given riot-free Maharashtra in our 18-month rule.' IMAGE: Nationalist Congress Party leader Ajit Pawar speaks to Rediff.com at his home in Baramati. Photograph: Hitesh......

Overseas residents eligible to invest in Indian equities

Finance Minister Nirmala Sitharaman on Sunday said individual persons residing outside India (PROI) will be permitted equity investments in listed Indian companies through a portfolio investment......

One Snapshot To Track Your Savings, Investments

Sebi is working with other regulators to expand the CAS framework. Illustration: Dominic Xavier/Rediff India's banking, financial services and insurance (BFSI) consumers may soon be able to......

High cost of capital constraining private investment, growth

Over the past three decades, between 1995 and 2025, India’s weighted average long-term interest rates averaged 7.61 per cent, far above the average long-term rates seen in Canada (3.13 per cent),......

Budget proposes Rs 10,000 cr investment in biopharma over next 5 years

Finance Minister Nirmala Sitharaman on Sunday proposed Rs 10,000 crore investment in the biopharma sector over the next five years, a move which would give a boost to the country's pharmaceuticals......

Strong domestic growth will attract foreign investments: RBI Governor

Strong domestic growth will continue to draw foreign investment into the Indian economy, Reserve Bank of India (RBI) Governor Sanjay Malhotra said on Tuesday. Photograph: Francis......

Why YouTube Is Investing In India

'As a nation, we create beautiful content and a high volume of it (films) but we are limited by the number of theatres and screen density.''You now have a living-room large screen available to......

Saregama To Invest This Much In Bhansali Productions

IMAGE: Aditi Rao Hydari, Pratibha Ranta, Manisha Koirala, Sanjeeda Sheikh and Richa Chadha in Heeramandi: The Diamond Bazaar. Saregama India, a part of the RP-Sanjiv Goenka Group, on Tuesday......

'Dhurandhar Has Changed The Landscape Of Cinema'

'Established filmmakers want to go with the sequels of earlier hit films like Housefull 5 or Mastiii 4. They don't want to come up with fresh ideas. This is pure laziness.' IMAGE: Ranveer Singh in......

Daldal Review: Watch It For Bhumi Pednekar

If dark and twisted crime thrillers and trauma-led violence interest you, you can binge-watch Daldal over the weekend, endorses Divya Nair. Key Points Daldal is a Hindi-language psychological......

'T20 is thrilling, but base of game is Test cricket'

IMAGE: India are eyeing history by becoming the first ever team to successfully defend a T20 World Cup title. Photograph: BCCI Key Points India great Kapil backed India in T20s, but stressed......

Who is Nat Sciver-Brunt, WPL's first centurion?

IMAGE: Nat Sciver-Brunt celebrates her historic unbeaten century. Photograph: WPL/X Key Points Nat Sciver-Brunt arrived at 16/1 and smashed an unbeaten 100 off 57 -- the first century in WPL......