Stock market today: BSE Sensex crashes over 500 points; Nifty50 below 23,000
The upcoming week is crucial for both the equity markets and the economy, as the Union Budget is set to be presented on February 1. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in trade today. While BSE Sensex dipped over 500 points,
PM Modi, President Subianto discuss enhancing economic ties, energy security, digital infra development, ET Infra
NEW DELHI: India and Indonesia have focused on enhancing economic cooperation through various mechanisms, such as the upcoming meetings of the Working Group on Trade and Investment (WGTI) and the Biennial Trade Ministers’ Forum (BMTF), with a view to addressing existing trade barriers. Prime Minister Narendra Modi and Indonesian President
Income tax relief? Govt looks to raise threshold, restructure slabs
NEW DELHI: Amid expectations of a relief in income tax in the Budget, govt is keen to keep the new tax regime free of concessions, while it looks at raising the threshold and offering concessions through a rejig of slabs.Income tax rates are usually among the last set of announcements
Startup founders get into ‘reboot’ mode
BENGALURU: A rising number of Indian startup founders are stepping away from their ventures to start afresh. While reasons vary, they often stem from personal and professional challenges, including co-founder disagreements, dwindling passion for the original problem statement, time constraints, and intensifying market pressures.As the Indian startup ecosystem grapples with
United G20 can navigate geopolitical tensions: Kant
India stands to gain significantly from its presidency of the G20, says Amitabh Kant, the country’s G20 Sherpa. In his latest book “How India scaled MT G20,” Kant recounts the enormous efforts, including intense negotiations that were mounted to make it a success. In an interview to TOI, Kant talks
Falling Rs, rising US bond yields fuel FPI exodus, Rs 64k crore taken out in Jan
NEW DELHI: The exodus of Foreign Portfolio Investors (FPIs) from the Indian equity markets continues unabated, as they have withdrawn Rs 64,156 crore ($7.44 billion) so far this month, driven by the depreciation of the rupee, a rise in US bond yields, and expectations of a tepid earnings season.This comes
Govt proposes hike in tax rebate on new vehicles for buyers scrapping old ones
NEW DELHI: In a move to persuade people to scrap their BS-I and BS-II vehicles, and those which are older than these, the road transport ministry has proposed to hike the motor vehicle tax rebate by up to 50% on purchase of new automobiles for buyers submitting the scrapping certificate
When Is Neurodiversity an Excuse for Rudeness?
Pay Parity, at Last? During my annual evaluation last week, my boss admitted that two senior managers, including myself, have been paid less for years than our peers with similar experience and backgrounds. I’ve been with the company for 12 years, starting as a junior manager and working my way
Noida Authority renews demand for Rs 10k cr unused Unitech land, ET Infra
On Dec 4, 2024, the court issued another directive, instructing Noida Authority to approve the entire 14.1 lakh sqm of Express City project in Sectors 96, 97 and 98, including the second segment. Noida Authority has reiterated its demand to reclaim over 8.5 lakh sqm of unused land allotted to
Trump’s Crypto Venture Divides the Industry He Aims to Support
Dressed in ball gowns, tuxedos and “Make Bitcoin Great Again” baseball caps, a crowd of some of the country’s most powerful cryptocurrency executives gathered a few blocks from the White House for a lavish party three days before President Trump’s inauguration, toasting an incoming administration that had vowed to promote