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Business
US President Trump has threatened to impose 100 percent tariffs on electronics...
7 Aug 2025 2:50 PM IST
New Delhi, Aug 7: US President Donald Trump announced plans to impose a 100 per cent tariff on all imported semiconductors and chips in order to strengthen domestic production.“A 100 per cent tariff (will be imposed) on all chips and semiconductors coming into the US. But if you’ve made a...
Business
In India, the cost of a data breach has reached a record Rs 22 crore: Report
7 Aug 2025 2:43 PM IST
New Delhi, Aug 7: The average organisational cost of a data breach in India reached a new high of Rs 220 million (Rs 22 crore) in 2025 -- up 13 per cent (year-on-year), according to a report released on Thursday.The time to identify and contain a breach in India decreased to 263 days, a...
Business
In July, FIIs withdrew $2.9 billion from Indian stocks, with the IT sector...
7 Aug 2025 2:35 PM IST
Mumbai, Aug 7: Foreign institutional investors (FIIs) withdrew the highest amount of money from the IT sector in India during the month of July, worth $2.3 billion, said a report on Thursday.In July, FIIs were net sellers to the tune of $2.9 billion, while DIIs were net buyers to the tune of...
Business
Over the past 11 years, electronics production has increased six times, while...
6 Aug 2025 2:52 PM IST
New Delhi, Aug 6: The production of electronics goods in the country saw six-time growth in the last 11 years -- from Rs 1.9 lakh crore in 2014-15 to Rs 11.3 lakh crore in 2024-25, as exports surged eight times from Rs 38,000 crore to Rs 3.27 lakh crore in the same period, Parliament was...
Business
RBI Governor: The US tariff hike won't significantly affect India's economy
6 Aug 2025 2:28 PM IST
Mumbai, Aug 6: Reserve Bank of India Governor Sanjay Malhotra said on Wednesday that the US tariff hike will not have any major impact on the Indian economy unless there is a retaliatory tariff.Speaking at a press conference after the monetary policy announcement, the RBI Governor said, "There...
Business
India's CPI inflation is set by the RBI at 3.1 percent for FY26 due to a...
6 Aug 2025 12:19 PM IST
Mumbai, Aug 6: The Reserve Bank of India (RBI) on Wednesday pegged India’s CPI inflation at 3.1 per cent for FY2025-26, as the steady progress of the monsoon and robust kharif sowing are expected to keep food prices in check.RBI Governor Sanjay Malhotra said, “The inflation outlook for 2025-26...
Business
Through cryptocurrency transactions, Rs 630 crore in undeclared revenue was...
5 Aug 2025 3:44 PM IST
New Delhi, Aug 5: The Central Board of Direct Taxes (CBDT) detected approximately Rs 630 crore in undisclosed income in virtual digital asset (VDA) transactions amounts in just two financial years, the Parliament was informed on Tuesday.The tax on income from transfer of VDA, under section...
Business
India is negotiating a trade agreement with the US to guarantee equity and...
5 Aug 2025 3:26 PM IST
New Delhi, Aug 5: As US President Donald Trump threatened hefty tariffs, India remains actively involved in the discussions on the Bilateral Trade Agreement (BTA), which aims at expanding trade and investment and deepening the US-India trade relationship to promote growth that ensures...
Business
Complete verification within 30 days of filing your ITR for AY25–26 to prevent...
5 Aug 2025 3:11 PM IST
New Delhi, Aug 5: Income tax returns must be verified within 30 days of being uploaded online and the process of filing return does not stop when the return is submitted on the official e-filing website (www.incometax.gov.in), according to experts.ITRs filed without e-verification will be...
Business
Under the new tax framework, the Finance Act 2025 offers significant relief:...
4 Aug 2025 3:51 PM IST
New Delhi, Aug 4: The Finance Act, 2025, has provided substantial relief under the new tax regime with new slabs and tax rate, the Parliament was informed on Monday.The new measures will play a significant role in creating a fair and equitable system of direct taxation that ensures no...
Business
After lowering business tax rates, net direct tax collection soars: Minister
4 Aug 2025 2:41 PM IST
New Delhi, Aug 4: The net direct tax collection saw strong growth in FY25 at Rs 22,26,375 crore, a 13.48 per cent year-on-year growth, as there has been an overall increase in collections after reduction of the corporate tax rates with effect from Assessment year (AY) 2020-21, the Parliament...
Business
Adani Group plans to invest $10 billion in Vietnam to expand the energy and...
4 Aug 2025 1:59 PM IST
New Delhi, Aug 4: The Adani Group plans a long-term investment in Vietnam of up to $10  billion, according to a report in Vietnam’s Tuoi Tre News.Group Chairman Gautam Adani revealed the investment plan during a meeting with Vietnamese Party General Secretary To Lam in Hanoi, as part of his...
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