France's data centre ambitions bump up against rural fearsA huge AI data centre is planned for Fouju, France. This project brings hope for jobs and money to the small village. However, residents wo...
05 Jun, 2026, 06.55 PM IST
France's data centre ambitions bump up against rural fearsA massive AI data centre planned for the small French village of Fouju is creating a divide. While proponents see economic benefits and job...
05 Jun, 2026, 04.15 PM IST
Withholding tax removal could unlock $25 billion in bond Inflows, says Citi's Aditya BagreeIndia anticipates substantial foreign investment. Two key policy shifts, removing withholding tax on government bonds and inclusion in the ...
04 Jun, 2026, 04.22 PM IST
India meets FY26 fiscal deficit target of 4.4% of GDP; revenue deficit at 1.55%India's fiscal deficit reached the budgeted 4.4% of GDP for fiscal 2026. This eases immediate government finance worries. However, the focu...
01 Jun, 2026, 06.06 PM IST
Arvind Panagariya on what RBI transfer of ₹2.87 lakh cr surplus to govt means for Indian economyThe Reserve Bank of India's record ₹2.87 lakh crore dividend transfer offers crucial fiscal support amid global economic turbulence. This s...
25 May, 2026, 10.14 AM IST
Punjab FM Cheema urges Centre to share RBI’s ‘extraordinary’ dividend with statesPunjab's Finance Minister Harpal Singh Cheema calls for sharing the Reserve Bank of India's large dividend with states. He warns that takin...
24 May, 2026, 04.33 PM IST
RBI declares record Rs 2.87 lakh crore dividend to cushion war shockThe Reserve Bank of India announced a record surplus transfer to the government for FY26, though it falls short of budget estimates. This s...
23 May, 2026, 06.11 AM IST
Fuel price hike may push inflation up by 20 bps, say expertsFuel prices have risen, potentially pushing retail inflation up by 0.15 to 0.20 percentage points. Experts warn this could lead to wider pr...
16 May, 2026, 07.21 AM IST
ADB warns Asian economies against broad fuel subsidies, tax cuts amid oil price risksThe Asian Development Bank advised Asian economies to avoid broad fuel subsidies and excise duty cuts, warning they could strain public fin...
06 May, 2026, 01.18 PM IST
Has Donald Trump administration made Marijuana legal for medical or recreational use in U.S.? Shares of cannabis firms jump big in U.S. Stock MarketCannabis decision by the Federal Government Iargely legitimizes medical marijuana programs in the 40 states that have adopted them.
23 Apr, 2026, 08.26 PM IST
UK banks face new profit tax as shares drop after IPPR proposalUK banks face calls for a new tax on profits to recover taxpayer money lost from QE. Shares of NatWest, Lloyds, and Barclays fell after the...
30 Aug, 2025, 06.55 AM IST
RIL, ONGC shares recover as government scraps windfall tax on key petroleum productsImplemented in July 2022, the windfall tax targeted the substantial profits earned by oil producers amid surging global crude prices. Relia...
02 Dec, 2024, 02.06 PM IST
India hikes windfall tax on petroleum crude to Rs 9,800/tonneStarting November 1, the Indian government has raised the windfall tax on domestically produced petroleum crude to Rs 9,800 per tonne, up f...
31 Oct, 2023, 07.42 PM IST
Energy operations' underperformance to mar RIL’s Q2 show, says Morgan StanleyShutdown of refineries, windfall taxes on fuel exports, and lower product cracks are likely to pull down the conglomerate’s earnings sequen...
10 Oct, 2022, 02.21 PM IST
Govt committed to banking reforms: FM Nirmala Sitharaman"We've already shown that we are very committed to the divestment process. For instance, the LIC public issue wasn't easy, but we did it," ...
06 Sep, 2022, 12.50 AM IST
RBI suggests booming e-commerce can help boost state revenuesRBI has suggested that state government could use the booming e-commerce industry to raise its revenues with clear rules. Also, the states ...
13 May, 2015, 04.20 AM IST
- Handling cash windfall
If you are the lucky winner of a contest or jackpot, you should be aware that the prize money is taxable.
31 Oct, 2006, 01.52 AM IST