Business

New Delhi: The simplified Income Tax Bill 2025, which brings in the concept of 'tax year' and abolishes the archaic and complicated terms 'previous' and 'assessment years', is likely to be introduced in Parliament Thursday. The Bill comprises 536 sections, 23 chapters and 16 schedules...

Seoul: South Korean companies in 10 key manufacturing sectors, including the semiconductor industry, plan to invest a combined 119 trillion won ($81.8 billion) this year to foster sustainable growth, the industry ministry here said Wednesday. The figure marks a 4 per cent increase from the...

Mumbai: The Reserve Bank of India (RBI) was all set to inject Rs 2,50,000 crore through its Variable Rate Repo (VRR) auction Wednesday to enhance liquidity in the banking system. The Central Bank has stated that the amount has been decided based on an assessment...

Mumbai: The Indian benchmark indices opened lower Wednesday amid ongoing concerns over the US President Donald Trump's tariff threats. The Nifty 50 and Sensex opened 0.1 per cent lower. The Nifty started at 23,050 and Sensex at 76,188 at the opening bell. At around 9.31...

Bhubaneswar: Chile-based e-fuel company HIF Global has expressed interest to invest around $1 billion in Odisha's renewable energy sector, an official statement said Tuesday. The company made a presentation before Odisha Deputy Chief Minister KV Singh Deo, who is also in charge of the Energy...

Mumbai: Benchmark Sensex plunged by 1,018 points to settle a two-week low while Nifty cracked below 23,100 Tuesday due to across-the-board selling, unabated foreign fund outflows and fresh US tariffs reigniting trade war fears. Declining for the fifth day running, the 30-share BSE Sensex tanked...

Paris: The second India-France AI Policy Roundtable held on the sidelines of AI Action Summit 2025 stressed the potential for India and France to synergise on various policy positions and technological initiatives, fostering benefits not only at the bilateral level but also on a global...

Mumbai: Stock markets closed with losses for the fourth consecutive day Monday with the benchmark Sensex declining by 548 points as fresh US tariff threats shook investor confidence and triggered selling in blue chip banking, metal and oil shares. The 30-share BSE Sensex dropped 548.39...

Berhampur (Odisha): Tomato farmers in Odisha's Ganjam district are facing severe losses as prices have crashed to Rs 3 to Rs 5 per kg at the farm level, despite being sold for Rs 10 to Rs 15 per kg in the market. Unable to recover...

New Delhi: In a significant step towards deepening economic ties with the European Free Trade Association (EFTA), Union Minister for Commerce and Industry Piyush Goyal along with his counterparts from the EFTA bloc will inaugurate the EFTA Desk at Bharat Mandapam in the national Capital...