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BUDGET DRAFT 2025
Paramount to face legal challenge from states on Warner dealTop lawyers from approximately 10 states, led by California, are preparing a legal challenge to Paramount Skydance Corp.'s $110 billion acq...
Grok falls flat in Washington, undercutting SpaceX's AI growth storySpaceX's AI chatbot Grok faces significant challenges gaining traction within the U.S. government. Federal agencies show a strong preferenc...
Japan economy grows faster than expected in first quarterJapan’s economy grew 0.5% in the January-March quarter of 2026, beating market expectations of 0.4%, supported by stronger private consumpt...
Operation Sindoor anniversary: India’s defence exports surged 25x in 10 yearsIndia’s defence sector has seen a structural shift, with exports rising sharply and domestic production expanding over the past decade. A R...
US stock market today hits new records as Nasdaq crossed 25,000 for the very first time: Dow Jones, S&P 500 and Nasdaq surge as Wall Street begins May with massive rally - Apple leads gainsUS stock market today opens May with rare strength. Momentum feels real, not forced. The Dow Jones Industrial Average climbs near 49,815. T...
India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savingsSalaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementati...
ITR assessment rules change from April 2026: Four key amendments explainedFour key changes to Income Tax Return (ITR) assessment rules will be effective from April 2026 for Tax Year 2026-27. These amendments, intr...
Zepto vs rivals; Cybersecurity goes outsourcedAs Zepto lines up a public markets debut this year, a look at how it stacks up against rivals Blinkit and Instamart. This and more in today...
TReDS tweak to ease MSME credit flow amid global pressureBanks are set to boost credit flow to MSMEs as regulators ease onboarding for the Trade Receivables Discounting System (TReDS). This move a...
Cheers! Elara Capital sees 17% upside potential in United Breweries after Karnataka’s new excise policy, here’s whyKarnataka's new excise policy is set to benefit United Breweries significantly. The state is shifting to a global taxation standard, deregu...
Govt targets to present Seeds Bill in Parliament during Budget session; 9,000 suggestions received: Agri SecretaryBudget session: The government plans to introduce the Seeds Bill 2025 in Parliament in February. This new bill will replace the old Seeds A...
Section 87A rebate rule correction: No income tax till income of Rs 12.75 lakh for salaried individuals except this incomeFor FY 2025-26 (AY 2024-25) Section 87A rebate allows an salaried individual to not pay any tax for income up to Rs 12.75 lakh but this reb...
Will Budget 2025 replace Income Tax Act with new Direct Tax code? Here’s what experts sayDirect Tax Code vs Income Tax Act: The finance minister is all set to present Budget 2025 on February 1, 2025. There are speculations that ...
PM Modi hails Budget 2025 as 'reformative', says it will boost savings and investmentsUnion Budget 2025: Prime Minister Narendra Modi commended Budget 2025 for its focus on increasing savings, investments, and job creation. H...
French government felled in no-confidence vote, deepening political crisisFrench Prime Minister Michel Barnier's government collapsed after just three months following a no-confidence vote. Far-right and left-wing...
Russia shifts more funds to military in budget draftRussia plans to reallocate 7 trillion roubles in its next three-year budget, focusing heavily on military spending. By 2025, 13.5 trillion ...
Russia approves near 30 percent rise in defence spendingRussian lawmakers voted for a budget on Thursday that will see defence spending surge by almost 30 percent next year, as the Kremlin divert...
France considers tax increase for big companies, Le Monde reportsFrance's new Prime Minister Michel Barnier is considering a temporary corporate tax increase on large companies and a tax on share buybacks...
Income tax simplification hopes rise as feedback process nears rollout; Budget 2025 may bring big news on direct tax lawsThe govt will invite suggestions from the private sector and tax experts on the Income Tax Act, 1961, starting October. This initiative aim...
Defence Ministry lays out new plans to boost domestic arms buys to Rs 1.4 lakh crore“In order to enhance procurement from domestic industry, it is incumbent that procurement is doubled from the current Rs 70,000 crore to Rs...