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India’s technology sector faced a major selloff on Thursday as the Nifty IT index dropped over 4 per cent to a four-month low. Top IT companies like TCS, Infosys, and Wipro lost more than 4 per cent of their value. The sector’s total market value fell by Rs 1.3 lakh crore due to fears about…
The Union Budget for FY 2026-27 has pegged total expenditure at Rs 53.47 lakh crore, Finance Minister Nirmala Sitharaman said while replying to the discussion on the Budget in the Lok Sabha, outlining the government’s strategy of maintaining high capital spending alongside fiscal consolidation.The revised estimate for the current financial year ending March 31 has…
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,…
Rajpal Yadav is currently facing one of the most challenging phases of his life. The actor recently surrendered at Tihar Jail in connection with a Rs 9 crore debt and cheque bounce case. As members of the film industry continue to step in with financial assistance, singer Mika Singh has now announced his support and…
New Delhi is buzzing as it prepares for the India AI Summit 2026. The city is already feeling the effects, with people from all over, including government officials, tech experts, researchers, and business leaders, expected to arrive. AI is now part of almost everything, from government decisions to business strategies, which is putting India in…
Election Commission of India (ECI) NEW DELHI: The Election Commission on Tuesday published the final electoral rolls for Assam after the Special Revision (SR) exercise. Over 2.43 lakh names were removed from the draft list ahead of the Assembly elections due in the coming months.According to a statement issued by the office of the Chief…
Tej Pratap Yadav and Rajpal Yadav (Images/Agencies) NEW DELHI: Janshakti Janata Dal (JJD) chief Tej Pratap Yadav on Tuesday announced financial assistance of Rs 11 lakh for actor and comedian Rajpal Yadav after learning about his financial and legal difficulties.Tej Pratap Yadav said that he came to know about Rajpal Yadav’s condition through a social…
IT stock investors are struggling with sharp losses as the sector is going through a phase of massive sell offs. In the past three trading sessions, Nifty IT index has plunged almost 8%, erroding almost Rs 2.5 lakh crore from the market value. Traders are also concerned about concerns over AI automation, that could majorly…
Representative image (Generated by AI) India has allowed a duty concession on imports of only 5 lakh tonnes of dried distillers’ grains (DDGS) from the US under the first phase of the bilateral trade pact, an official told PTI stressing that the volume is equivalent to about 1 per cent of the country’s total consumption.The…
Public sector banks (PSBs) are expected to cross the Rs 2 lakh crore combined profit mark in the current financial year, buoyed by strong balance sheets, steady credit expansion and improved asset quality, Financial Services Secretary M Nagaraju said.Speaking to PTI in an interview, Nagaraju said the Indian banking system remains resilient, supported by regulatory…
