Enhancement to the Scheme for ‘Special Assistance to the States for Capital Investment’ anticipated, ET Infra
NEW DELHI: For the upcoming Union Budget for 2025-26 (Apr-Mar), states will keenly watch if the Ministry of Finance will continue with the 50-year interest free loan for capital expenditure to states. “While states have commenced development activities under the proposed scheme, the benefits of such investments are associated with
DeepSeek Prompts a Reckoning Across Wall Street and Silicon Valley
Good morning on this action-packed Monday. Mark this week on your “History of Artificial Intelligence Timeline”: The creation of DeepSeek, the Chinese A.I. sensation that we told you about last week, is shaking the technology industry to its core. The super-efficient, open-source software is raising questions about the valuations of
Budget 2025 new vs old income tax regime: Will FM Sitharaman do away with the old regime soon? Experts weigh in
Budget 2025 income tax expectations: The new income tax regime was introduced as an optional tax regime from FY 2020-21. Budget 2025 income tax expectations: Ever since Finance Minister Nirmala Sitharaman introduced the new income tax regime with reduced tax rates and almost no deductions and exemptions, salaried taxpayers have
Stocks Markets Fall Sharply as Investors Worry About China’s AI Advances
Stock markets fell sharply on Monday, dragged down by fears that advances in artificial intelligence by Chinese upstarts could threaten the moneymaking power of American technology giants. The Chinese A.I. company DeepSeek has made waves by matching the capabilities of cutting-edge chatbots while using a fraction of the specialized computer
Budget 2025 may prioritize Railways over Highways, says Nuvama Report, ET Infra
The upcoming Union Budget for 2025-26 is expected to focus more on the railways sector than highways, according to a report by Nuvama. This marks a significant shift in infrastructure priorities, with railways likely to receive increased budgetary allocations. In the previous financial year (FY24), the highways sector received an
Budget 2025 income tax expectations: Simplify personal tax compliance and enhance transparency
Budget 2025 income tax expectations: AIS Form should comprehensively capture the entire break-up of salary income. (AI image) By Parizad SirwallaBudget 2025 income tax expectations: With the advent of digitization, the Income Tax Department has made significant progress in simplifying tax related processes. It is widely expected that the 2025
In China, Government Data on Drugs Blocked From Public After Backlash
When a group of prominent Chinese doctors publicly raised worries last week about the quality of domestic drugs, China’s government sent officials to investigate. But now data about the drugs that appeared on a government website as recently as Friday is no longer publicly available. A social media post from
‘Biggest stock market crash coming…’: Robert Kiyosaki, author of Rich Dad Poor Dad makes big prediction
His 2013 publication, “Rich Dad’s Prophecy,” previously cautioned about an unprecedented market collapse. (AI image) Biggest stock market crash coming? The author of “Rich Dad Poor Dad,” Robert Kiyosaki, has made a striking prediction about the stock market’s future. In a post on X (formerly Twitter) he shared that February
BrahMos deal soon? India may extend Line of Credit to Indonesia for sale of BrahMos missiles
BrahMos CEO Jaiteerth R Joshi met with Subianto in PM Modi’s presence. BrahMos missile deal: The potential sale of BrahMos missiles, a joint India-Russia development, was the primary focus during the summit between PM Narendra Modi and Indonesia President Prabowo Subianto on Saturday. India is considering extending a Line of
Budget 2025 expectations: Two critical areas FM Nirmala Sitharaman should focus on
Budget 2025 expectations: If India were a Formula 1 team, alarm bells would already be ringing. (AI image) By Bikash Narayan MishraBudget 2025 expectations: If India were a Formula 1 team, alarm bells would already be ringing. The track ahead is challenging, rival teams are growing more unpredictable, and it’s