NEW DELHI: The income tax department Saturday unveiled the draft income tax rules which aim to simplify tax filing and usher in ease of compliance. The new rules, which will come into effect from April 1, cover a range of issues for ordinary taxpayers and companies, with an emphasis on simplification, faceless assessments and reducing…
ADA$0.2747 founder Charles Hoskinson said he is sitting on more than $3 billion in unrealized losses during the current crypto market downturn, offering a rare look at his personal exposure during a period of sharp declines. Speaking from Tokyo in a live broadcast, Hoskinson addressed a market rattled by forced liquidations and falling prices in…
NEW DELHI: Ahead of French President Emmanuel Macron’s visit to India for the Artificial Intelligence Summit from Feb 18 to 20, the Defence Acquisition Council (DAC), chaired by defence minister Rajnath Singh, is scheduled to meet in the second week of this month to consider big-ticket defence procurement proposals, a defence source told TOI. Most…
The newly announced interim trade deal between India and the United States lays out a roadmap to deepen collaboration on the digital trade and technology front. The two nations released a joint statement on Saturday, announcing details of the interim trade agreement. “The US and India are pleased to announce that they have reached a…
JAMMU: Hundreds of Shia Muslims on Saturday staged spontaneous protests in various parts of Kashmir to condemn a suicide bombing at the Khadija Tul Kubra Mosque in Islamabad that killed at least 31 people and wounded more than 169 others.The attack took place during Friday prayers in Pakistan’s capital city. The attack on a Shia…
NEW DELHI: Commerce minister Piyush Goyal on Saturday assured that the India-US trade deal framework will not harm Indian farmers, MSMEs, artisans, or craftsmen, and said their interests remain fully protected.“I can say with absolute certainty that the farmers, MSMEs, artisans, and craftsmen of India will not suffer any kind of loss,” Goyal said in…
We are moving toward an economic system in which software and devices transact with one another without human involvement. Instead of simply executing transactions, machines will be able to make decisions, coordinate with each other and purchase whatever they need in real time. Sensors and satellites will sell data streams by the second. Factories will…
State Bank of India (SBI) reported a 24% year-on-year record (all-time high) standalone net profit of Rs 21,028 crore for the December quarter of FY26, reflecting steady growth in core income and recovery trends.On a consolidated basis, the state-owned lender posted a 13.06 per cent rise in profit to Rs 21,317 crore during the quarter,…
The interim India-US trade agreement is expected to strengthen cooperation in pharmaceuticals and medical technology, with industry bodies saying medicine supply chains are closely linked to national security priorities.Strengthening the India-US medicines partnership is important as medicine security is a part of national security, the Indian Pharmaceutical Alliance said on Saturday, welcoming the interim trade…
NEW DELHI: A three-storey building collapsed in Rajasthan’s Kota on Saturday, leaving several people feared trapped under the debris. The incident took place in the Talwandi area, where a restaurant was operating inside the building.Police and rescue teams reached the spot soon after receiving information and began rescue work immediately. Officials said five people have…
