Union Finance Minister Nirmala Sitharaman said that a special campaign carried out by the Income Tax Department has led to the declaration of foreign assets and income to the tune of Rs 30, 300 crore after over 30,000 taxpayers revised their income tax returns or filed belated returns for 2024-25. ...
India's commercial airlines will operate 25,610 flights per week during the forthcoming summer season, a 5.5 per cent increase compared to the same period last year, the Directorate General of Civil Aviation (DGCA) said....
Hyundai Motor Group's decision to invest $21 billion in the United States over the next four years is being seen as a bold strategic move to solidify its competitive edge in its single-largest national market, industry observers said on Tuesday. ...
Samsung Electronics’ Vice Chairman Han Jong-hee has died of a heart attack, industry sources said on Tuesday. He was 63. ...
US President Donald Trump’s threat to impose a 25 per cent tariff on exports from countries that buy oil from V...
In a big boost for local manufacturing, the country is set to witness its electronics exports surpass Rs 3 lakh crore for the first time this fiscal (FY25), driven by smartphones. ...
Deloitte on Tuesday announced a significant scaling of its Global Artificial Intelligence (AI) Simulation Centre of Excellence (CoE) in India, which is part of its global investment of $3 billion in Generative AI (GenAI) through FY30. ...
Over nine million updated Income Tax Returns have been filed over the last four years, which helped the government raise an additional revenue of Rs 9,118 crore, reflecting the success of the voluntary compliance scheme introduced by the Government, Parliament was informed. ...
India’s macroeconomic situation has bottomed out, and the country is set to see GDP growth around 6.5 per cent for the year ahead, according to a Bernstein note on Tuesday. ...
Showing a resilient economy in the Asia-Pacific region amid global uncertainties, India’s GDP will grow at 6.5 per cent in the fiscal year ending March 31, 2026, S&P Global Ratings said on Tuesday. ...
