E.V. Owners Don’t Pay Gas Taxes. So, Many States Are Charging Them Fees.
Owners of electric cars in Vermont recently got a letter from the Department of Motor Vehicles with some bad news. Starting Jan. 1 they would have to pay $178 a year to register their cars, twice as much as owners of vehicles with internal combustion engines. In imposing the higher
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
LTIMindtree Lambu’s task cut out: Balancing AI productivity gains with client expectations
As the newly appointed CEO designate of LTIMindtree, Venu Lambu is tasked with managing client expectations as AI-driven efficiency gains influence deal wins. In the recent earnings commentary, LTIMindtree management spoke about productivity benefits that were passed on to a large client. In this case, LTIMindtree passed on productivity gains
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
Doug Emhoff to Return to Corporate Law
The latest guessing game in Washington is where former Vice President Kamala Harris and her husband, Douglas Emhoff, might go next. Half of that question has been answered. Starting Monday, Mr. Emhoff will become a partner at the corporate law firm Willkie Farr & Gallagher, splitting his time between Los
Sridhar Vembu steps down as Zoho Corp CEO to focus on AI research
CHENNAI: Sridhar Vembu has stepped down as the chief executive of Zoho Corp to focus more on the research and development of artificial intelligence products. Vembu would take up a new role as the chief scientist, he said in a X post on Monday. Zoho co-founder Shailesh Kumar Davey has
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
Asheville’s Restaurants Hit Reset After Hurricane Helene
Earlier this month, Drew Wallace started paying the cooks, bussers and the rest of the 20 or so employees of his restaurant the Bull and Beggar, in Asheville, N.C., for the first time since two feet of river water flooded its dining room in September. “It’s a really victorious feeling,”