Meta to Increase Spending to $65 Billion This Year in A.I. Push
Mark Zuckerberg spent all of 2024 telling investors that artificial intelligence would be key to the future of his company, Meta. In 2025, he plans to put his money where his mouth is. On Friday, Mr. Zuckerberg said the company expected its capital expenditures in 2025 to come in at
More Ships May Return to the Red Sea if Houthis Hold Their Fire
A monthslong, costly disruption to global shipping could soon end now that the Houthi insurgents in Yemen have signaled that they have suspended their attacks on commercial vessels in the Red Sea. But any return to normality may take a while. Shipping lines say they will only go back to
HPCL net profit more than triples in Q3
NEW DELHI: Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported more than tripling of its December quarter net profit as marketing margins soared. Consolidated net profit stood at Rs 2,543.65 crore in October-December 2024 – the third quarter of April 2024 to March 2025 fiscal year (FY25) – compared with
Adani appoints independent law firms to review US indictment, ET Infra
Adani group has appointed independent law firms to review the US indictment against its founder chairman Gautam Adani, his nephew and another key executive in a USD 265 million bribery case, according to a stock exchange filing by a group firm. Adani Green Energy Ltd (AGEL), which is said to
Crop protection industry seeks tax cuts, R&D incentives in Budget
NEW DELHI: CropLife India on Friday urged the government to reduce goods and services tax (GST) on agrochemicals to 12 per cent and maintain a uniform 10 per cent basic customs duty for technical raw materials and formulations in its upcoming Budget proposal. The industry body also demanded a 200
IRS Free Tax Filing System Will Include 13 More States
Taxpayers with income of $84,000 or less still have the option of using the separate Free File program, a partnership between the I.R.S. and several do-it-yourself tax software firms, to file free electronic returns. The I.R.S. also provides free online forms, without step-by-step guidance, that filers can use, regardless of
Budget 2025 income tax: From higher tax exemption limit to increased standard deduction – top 6 expectations of common man
Budget 2025 income tax: It is anticipated that with the thrust of the Government on the adoption of the new tax regime, there may be no changes to the old tax regime. (AI image) By Parizad SirwallaBudget 2025 income tax expectations: Ever since the last Union Budget was presented in
Amul slashes prices for one-litre packs by Re 1 nationwide
NEW DELHI: The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets dairy products under the iconic Amul brand, has announced a price reduction of Re 1 per litre for its one-litre milk packs across India. The move, aimed at promoting the purchase of larger packs, was confirmed by GCMMF managing
MMRDA signs MoUs worth $40 billion in WEF to transform Mumbai’s infra, ET Infra
Representative image MUMBAI: The Mumbai Metropolitan Region Development Authority (MMRDA) signed 11 memoranda of understanding (MoUs) worth $40 billion (approximately Rs 3.5 lakh crore) at the World Economic Forum (WEF) in Davos, aiming to reshape infrastructure in the Mumbai Metropolitan Region (MMR). The investments focus on urban transport, regional development
Budget 2025 halwa ceremony to be held today with FM Sitharaman: What is halwa ceremony & its significance?
File photo of halwa ceremony Budget 2025 halwa ceremony: The Halwa ceremony, marking the final stage of the Union Budget 2025-26 preparation process, will be held on Friday, 24 January 2025 at 5 PM in North Block, in the presence of Union Finance Minister Nirmala Sitharaman. The budget session of