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
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
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,”
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
Study: Women occupy just 19% of C-suite roles
NEW DELHI: Despite efforts by India Inc and regulations to address gender diversity, women still occupy just 19% of C-suite roles in India, far below the global average of 30%, highlighting the need for targeted talent search initiatives.A key barrier preventing women from accessing and excelling in these leadership positions
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,
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