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Net direct tax collection rose 9.4 per cent to about Rs 19.44 lakh crore in the current financial year till February 10, supported by lower refund payouts and higher corporate tax collections, according to data released by the Income Tax Department on Wednesday.Net corporate tax collection increased 14.51 per cent to Rs 8.90 lakh crore,…
Union Budget 2026–27 positions real estate as a downstream beneficiary of infrastructure-led growth. (AI image) By Chintan Patel and Aman MehtaThe Union Budget 2026–27 reinforces a push towards infrastructure driven economic growth, setting a constructive backdrop for India’s real estate sector. While the budget does not introduce direct demand-side incentives for housing, its sharp focus…
OpenAI CEO Sam Altman is now delivering a consistent message to both employees and investors that the company is regaining momentum. As reported by CNBC, in an internal Slack message, Altman said ChatGPT is back to exceeding 10% monthly growth, with more than 800 million weekly users. Altman also revealed that OpenAI will launch an…
Global brokerage firm Goldman Sachs has upgraded its outlook for India’s economic growth and lowered its estimate of the country’s current account deficit (CAD) after the announcement of the India-US trade deal. The firm cited the positive impact of lower US tariffs on Indian exports as a key reason for the improved assessment.Reacting to the…
Iran’s envoy calls Chabahar Port key to regional connectivity, shared growth with India NEW DELHI: Iran’s ambassador to India, Mohammad Fathali, on Monday described the Chabahar Port project as a symbol of the strong partnership between India and Iran, saying it plays a crucial role in promoting common development and regional connectivity.Speaking at a reception…
Balancing India’s manufacturing expansion ambitions with its net zero commitments is emerging as a key structural challenge, Chief Economic Advisor (CEA) Anantha Nageswaran said, noting that the country must grow industrial capacity even as it works to lower its carbon footprint.Speaking to ANI on the sidelines of the launch of the Niti Aayog study report…
Public sector banks posted a record cumulative profit of Rs 52,603 crore in the third quarter of the current financial year, marking an 18 per cent year-on-year rise, led by strong performance from the country’s largest lender State Bank of India (SBI).All 12 public sector banks (PSBs) had posted a combined profit of Rs 44,473…
India is on track to continue as the fastest-growing economy among G-20 nations in the upcoming financial year. The country’s real GDP expected to expand by 6.4% in fiscal 2026-27, according to a recent report by Moody’s Ratings. The brokerage also predicted that over the next 12-18 months, banking sector will remain stable, thaks to…
Rosemary oil is highlighted for its potential to boost hair growth and combat thinning by improving scalp circulation and potentially reducing DHT. Tea tree oil, conversely, excels at resolving scalp issues like dandruff and itchiness, creating a healthier environment for hair to thrive. Used together, they offer a comprehensive approach to hair health. If you’ve…
In a remarkable turn of events, Sunny Deol’s ‘Border 2’ has shattered expectations by crossing the coveted Rs 300 crore milestone in India, amassing a staggering Rs 309.4 crore by its third Sunday. After a lukewarm opening, the film caught fire on Republic Day, captivating audiences across the nation. With a total worldwide collection of…
