EY India has recommended to extend the existing Production-Linked Incentive (PLI) scheme to new technology sectors such as AI, space, and robotics, while urging the FY27 Budget to focus on sustaining growth and ensuring tax certainty through a dedicated Customs dispute resolution mechanism. The firm said a forward-looking policy approach would be key to strengthening…
Making a case for maintaining the status quo on interest rates, PwC Partner and Economic Advisory Services leader Ranen Banerjee said any rate cut at this stage would amount to “wasting a bullet” at a time when economic growth is robust and inflation remains benign.The Reserve Bank of India is unlikely to reduce the policy…
NEW DELHI: Supreme Court on Friday continued hearing pleas seeking changes to its earlier order on stray dogs, with actor Sharmila Tagore appearing as one of the applicants through her counsel. The top court sharply pushed back against the submissions made on Tagore’s behalf, saying such arguments were “completely removed from reality.”Appearing for Tagore, counsel…
The strategy combines native Ethereum staking yield with restaking rewards and incentives from Linea and ether.fi, under a qualified custodian structure. Source link
Equity mutual fund inflows declined by over 6% to Rs 28,054 crore in December, even as investor interest in equities and gold remained intact amid heavy redemptions from debt schemes, data released by industry body AMFI showed on Friday.The moderation in equity inflows came from Rs 29,911 crore in November, though collections were still higher…
File photo: Congress president Mallikarjun Kharge (Picture credit: ANI) NEW DELHI: Congress president Mallikarjun Kharge on Friday launched a sharp attack on the Modi government’s foreign policy, accusing it of inconsistency and compromising India’s strategic interests. Referring to Prime Minister Narendra Modi’s oft-repeated line, “Main desh ko jhukne nahi dunga” (I will not allow the…
Sameer Gupta, National Tax Leader, EY India The Income-tax Act, 2025, marks a comprehensive overhaul of India’s six-decade-old direct tax law, replacing the Income-tax Act, 1961, with a simplified, principle-based framework. Aimed at reducing litigation and improving tax certainty, the new law seeks to streamline provisions, remove redundancies, and align tax administration with a digital-first…
Gold futures saw a slight uptick on Friday morning, after a choppy week of trading. On the MCX, gold for the February 5 contract was quoted at Rs 1,37,805 per 10 grams, up Rs 63 or 0.05%. However, the broader tone for gold remained weak, as a stronger US dollar and ongoing adjustments in commodity…
A7A5, a ruble-linked stablecoin few outside Russia had heard of a year ago grew the most of any stablecoin, outpacing both USDT and USDC over the past 12 months. Source link
NEW DELHI: Two Air India flights bound for the UK were diverted due to adverse weather conditions, forcing one aircraft to divert and another to delay landing, the airline said on Thursday.Flight AI131 operating from Mumbai to London Heathrow was diverted to London Gatwick on 9 January after poor weather conditions made landing at Heathrow…
