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MUMBAI: Japan’s second-largest alloy maker JFE Steel Corporation will buy a 50% stake in the steel business of Bhushan Power & Steel for Rs 15,750 crore, ramping up its play in India’s metal sector.Bhushan Power & Steel was acquired by JSW Steel in 2021 for Rs 19,350 crore through the bankruptcy process. JFE has been…
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Iran’s economic jugular: Why Kharg Island is a key target for Trump. (AP images) A small rocky island in the Persian Gulf has suddenly become central to the escalating tensions between the United States and Iran.Kharg Island — located just 15 nautical miles (about 24 km) off Iran’s southern coast — may be tiny in…
MUMBAI: Kotak Mahindra Bank reported a standalone net profit of Rs 3,446 crore for the quarter ended Dec 31, 2025, up 4.3% from Rs 3,305 crore a year earlier, supported by growth in net interest income and other income. On a consolidated basis, net profit stood at Rs 4,924 crore, a 5% increase from Rs…
Fundamentally, the government wants to move towards an income tax return regime with minimal deductions and exemptions. (AI image) Finance Minister Nirmala Sitharaman will present the Union Budget 2026 on February 1, 2026 and like every year common man and taxpayers, especially salaried are watching out for possible changes on the income tax front. One…
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NEW DELHI: Congress MP Priyanka Gandhi Vadra on Sunday attacked the BJP and the Election Commission, alleging “vote chori” and irregularities in the electoral process, asserting that democratic institutions were being “crushed” and daring the ruling party to contest elections on ballot paper.Addressing the Congress’s ‘Vote Chor, Gaddi Chhor’ rally at Ramlila Maidan, Priyanka said,…
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