Each year, the Union Budget draws the nation’s attention as it defines the country’s economic direction for the new financial year. As Finance Minister wields the fiscal scalpel, focussed on tax rates, rebalancing expenditure, and setting priorities, every Indian household, business and policymaker watches keenly to understand what they will gain or lose.Past budgets have…
Karnataka CM Siddaramaiah (PTI image) NEW DELHI: Proceedings in the Karnataka Assembly were disrupted on Wednesday after the Bharatiya Janata Party (BJP) accused the Congress-led Siddaramaiah government of phone tapping.The house was in total ruckus following law and parliamentary affairs minister HK Patil remarks who suggested that the governor Thaawarchand Gehlot was acting on instructions…
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EC will kick off its visits to poll-bound states to assess poll preparedness, with a tour of Assam from Feb 16 to 18, according to sources in the commission.Sources told TOI that CEC Gyanesh Kumar and ECs S S Sandhu and Vivek Joshi may visit Tamil Nadu and Puducherry in the last week of this…
Observing that a govt must behave as a ‘model employer’ and lack of funds cannot be a ground to deny its employees their dues, Supreme Court Thursday directed West Bengal govt to pay dearness allowance (DA) to its employees for the 2008-19 period.A bench of Justices Sanjay Karol and Prashant Kumar Mishra ordered that the…
IT stocks have taken a massive hit, losing over Rs 6 lakh crore in market value across eight sessions, with the Nifty IT index dropping more than 8 per cent. The sell-off stems from fears that AI could automate core IT services like application development, maintenance, and testing – the backbone of Indian IT companies’…
BENGALURU: In a big-ticket bet, Blackstone is leading a $1.2 billion funding round in AI cloud platform Neysa, bolstering the company’s push to build large-scale AI infrastructure. Blackstone and its co-investors committed up to $600 million in equity, with the company planning to secure an additional $600 million in debt financing, subject to documentation. Other…
Non-fungible tokens (NFTs) extended their year-end slide in December, with total market valuations falling to their lowest level in 2025. According to data from CoinGecko, the overall valuation of the NFT sector fell to $2.5 billion in December. This represented a 72% decline from a peak of $9.2 billion in January. The decline came as…
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US President Donald Trump reiterated his claim that Americans could receive a $2,000 payment funded through tariff revenues and the move might not even require congressional approval. Addressing reporters, Trump said strong tariff collections had created sufficient room to consider direct payments to Americans while also helping to reduce the national debt. Responding to whether…
