Government to move new income tax bill in Budget session
NEW DELHI: Finance minister Nirmala Sitharaman is set to introduce a bill for a new direct tax law in the budget session, which will focus on simplification of the provisions, doing away with the ones that are redundant and attempt to make the language more layman friendly.The committee tasked with
When the Retirement Community Goes Bankrupt
Three years ago, when Bob and Sandy Curtis moved into an upscale continuing care retirement community in Port Washington, N.Y., he thought they had found the best possible elder care solution. In exchange for a steep entrance fee — about $840,000, funded by the sale of the Long Island house
India’s automobile industry will be number one in world in next 5 years: Gadkari
NEW DELHI: India’s automobile industry will be number one in the world in the next five years, Union Minister Nitin Gadkari said on Saturday, highlighting that the industry has created 4.5 crore jobs till now, the highest in the country. Addressing a Federation of Automobile Dealers Association (FADA) event, the
As the Los Angeles Wildfires Continue, Restaurants Rise Up
A few weeks ago, I had dinner at LaSorted’s in Chinatown, eating pizza and drinking wine with my husband while our toddler gnawed at a crust and threw a few salad leaves onto the floor. When I walked in this past Wednesday — as thousands of acres of Los Angeles
When the Word Is Not Just Flesh: Reporting on A.I. in Religion
Times Insider explains who we are and what we do, and delivers behind-the-scenes insights into how our journalism comes together. As a reporter covering the technology industry, I spend a lot of time thinking about artificial intelligence. Billboards for A.I. companies are scattered around my neighborhood in San Francisco. I
Russian Disinformation Campaigns Eluded Meta’s Efforts to Block Them
A Russian organization linked to the Kremlin’s covert influence campaigns posted more than 8,000 political advertisements on Facebook despite European and American restrictions barring companies from doing business with the organization, according to three organizations that track disinformation online. The Russian group, the Social Design Agency, evaded lax enforcement by
World Economic Forum: Davos Braces for Political Drama as the World Warms
And Mr. Trump, too, will be unavoidable in Davos, even if he is not there in person. (He is expected to give a speech in a virtual appearance on Thursday.) Yet the implications for a second Trump administration on the climate are more straightforward. Mr. Trump has called for a
Govt okays Rs 11.4k cr revival plan for debt-ridden RINL
NEW DELHI: The Union Cabinet has approved a Rs 11,440 crore revival plan for debt-laden Rashtriya Ispat Nigam (RINL), according to a statement released on Friday.The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the revival plan for RINL for Rs 11,440 crore, it
IMF retains India’s FY25 growth forecast at 6.5%
NEW DELHI: The International Monetary Fund (IMF) on Friday retained India’s growth forecast for 2024-25 at 6.5% but said that growth in the country has slowed more than predicted, led by a sharper-than-expected deceleration in industrial activity.“In India, growth is projected to be solid at 6.5% in 2025 and 2026,
Wipro’s Q3 revenue falls nearly 1%
BENGALURU: Wipro’s revenue dropped 0.7% year-on-year in constant currency in the Dec quarter, while it grew 0.1% sequentially, coming at the upper end of the guidance. It forecast a sequential revenue growth of -2% to 0% in constant currency in the Dec quarter. “2024 was marked by macro-economic challenges. 2025