The Union Budget wishlist of mobile companies in India cite restrictions imposed by China to make their case. In its Budget recommendations India Cellular and Electronics Association (ICEA), seeks a customs duty reduction on mobile parts like microphones, printed circuit boards, and wearables, as well as tariff correction on capital goods and other components, to…
Tushar Ahluwalia raises $12 million for AI venture out of stealth BENGALURU: Tushar Ahluwalia, who previously co-founded ecommerce aggregator Razor Group and consumer fashion platform StalkBuyLove, has raised $12 million for his new AI startup GeneralMind, just months after the company began operations, as it comes out of stealth to scale an autonomous workflow automation…
BENGALURU: Salesforce is sharpening its AI strategy by rethinking how large language models (LLMs) are deployed within enterprise software, as organisations struggle to move generative AI from pilot projects to reliable, production-ready systems.Srini Tallapragada, president and chief engineering and customer success officer at Salesforce, told TOI that the past two years have revealed a widening…
The Centre has completed the implementation of several major direct tax reforms announced in recent Union Budgets, with an aim to boost investment certainty and reduce the compliance burden for taxpayers. As the presentation of the Union Budget 2026-27 approaches, the ministry of finance shared details of the legislative changes through a post on X.A…
Central government employees and pensioners are eagerly awaiting clarity on their revised salaries and pensions after the formation of the 8th Pay Commission. The panel, chaired by Ranjana Prakash Desai, is expected to finalise a fitment factor and submit its recommendations to the Centre. Once the government approves, the revised pay structure will come into…
EU chief Ursula von der Leyen European Union chief Ursula von der Leyen on Tuesday warned the United States against imposing punitive tariffs on European allies over Greenland, calling such a move a “mistake” and cautioning that it could damage long-standing partnerships.Speaking at the World Economic Forum in Davos, von der Leyen said, “The proposed…
NEW DELHI: The Supreme Court on Tuesday expressed displeasure over former Union minister Maneka Gandhi‘s criticism of the apex court’s order in the stray dog case. Though the court said that the remarks qualified as “contempt”, it had decided not to go ahead with the charges “due to its magnanimity.“The top court further questioned the…
Silver made a stellar debut in 2026, soaring over 35%, or nearly Rs 85,000 per kg, investors rush towards the precious metal amid tightening supplies and escalating geopolitical tensions involving the US, Iran and Greenland. The white metal’s momentum further strengthened after MCX silver futures decisively crossed the Rs 3 lakh per kg milestone. During…
Budget 2026: As the Union Budget for the financial year 2026-2027 draws closer, Indian companies are expecting a GST like transformation in the customs duty framework to promote trade facilitation and simplify dispute resolution.Key demands include a rationalisation of customs duty rates, a reduction in the number of duty slabs, and the introduction of an…
The ongoing tariff standoff between the US and EU could benefit India! The European Union and New Delhi are in the last leg of Free Trade Agreement negotiations. As the US is giving a hard time to EU exports, trade experts are suggsesting that the bloc may now look to strengthen commercial ties with countries…
