Former Niti Aayog Vice Chairman Rajiv Kumar has called for the removal of restrictions on Chinese investments in India, arguing that such a step could boost domestic manufacturing and create jobs. In an interview with PTI Videos, Kumar said, “I think the time has come to seriously consider permitting Chinese investments into India.”Kumar suggested scrapping…
File photo: US secretary of state Marco Rubio (left) and Brazilian President Luiz Inácio Lula da Silva (Picture credit: AP) Brazil has launched a sweeping support package to cushion domestic businesses from the impact of a steep new US tariff, only to face fresh sanctions from Washington hours later.As per news agency AP, Brazilian President…
A rising number of overseas firms battling financial strain are seeking alliances with Indian companies to set up semiconductor manufacturing plants in the country, driven by generous state incentives, a vast domestic market and a large talent pool.As per ET, electronics major Sharp and US semiconductor producer Onsemi are among those exploring tie-ups, though both…
The US government has expressed its eagerness to enhance collaboration with Pakistan. US President Donald Trump’s government is looking to deepen its economic ties with Pakistan at a time when trade deal talks with India remain stalled. The US government has expressed its eagerness to enhance collaboration with Pakistan in the fields of critical minerals…
But many taxpayers make the mistake of not mentioning exempt incomes in their income tax return. (AI image) ITR filing FY 2024-25: PPF interest is tax free. So is the interest coming from tax free bonds. The maturity proceeds of life insurance plans are also exempt from tax. But while the taxman lets you pocket…
Generative Artificial Intelligence (AI) could enhance banking operations in India by as much as 46%, according to a Reserve Bank of India (RBI) report. As per news agency ANI, the central bank said AI could help financial institutions better understand customers, operate more efficiently, and deliver personalised services at scale.“GenAI is poised to improve banking…
PM Modi to launch Rs 2,481 crore National Mission on August 23 Prime Minister Narendra Modi will formally launch the National Mission on Natural Farming (NMNF) on August 23, a Rs 2,481 crore centrally sponsored programme aimed at promoting sustainable agriculture across 750,000 hectares and boosting the income of 10 million farmers.According to a senior…
India and China are both worried about the potential trade imbalance in the pharmaceutical sector. (AI image) US President Donald Trump’s tariff war with India and China, may result in the two countries forging better trade ties. India and China are expected to begin discussions soon on a trade package involving the supply of essential…
India’s credit-to-deposit ratio remains under 80% as lending growth continues to trail deposit inflows, according to a report by CareEdge Rating. According to news agency ANI, while both credit offtake and deposits have grown sequentially, the pace is slower than last year, narrowing the gap between the two.The report stated, “Credit to Deposit Ratio Remains…
Analysts anticipate the market to remain range-bound, with domestic-facing themes expected to prevail. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Thursday. While Nifty50 was above 24,600, BSE Sensex was near 80,600. At 9:33 AM, Nifty50 was trading at 24,619.65, up marginally. BSE Sensex was…
