Tax officials cannot routinely apply the Black Money Act (BMA) merely because a person has been treated as a ‘resident’ after remaining in India for more than 181 days against their will. (AI image) Delhi High Court’s recent order has changed the scope of imposing the Black Money law for individuals who have been forced…
BENGALURU: Deeptech funding in India surged 37% year-on-year to $2.3 billion in 2025, outpacing broader venture capital growth and cementing artificial intelligence as the primary engine of the country’s startup ecosystem, according to Nasscom and Zinnov’s latest Indian Tech Start-up Report.Overall tech startup funding rose 23% to $9.1 billion during the year, even as investors…
BENGALURU: Uber’s India business posted total sales of Rs 3,849.2 crore in FY25, up 2.3% y-o-y, reflecting a sharp slowdown in growth even as losses widened significantly, according to consolidated financials accessed via Tofler.Operating loss surged to Rs 1,052.3 crore from Rs 84.8 crore in FY24, with operating margin deteriorating to -27.3% from -2.2%. Net…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex dropped in opening trade on Friday on weak global cues and falling global markets. At 9:17 AM, Nifty50 was trading at 25,403.15, down 93 points or 0.37%. BSE Sensex was at 81,986.79, down 262 points or 0.32%.Analysts are of the view that the…
Top stocks to buy (AI image) Stock market recommendations: Bajaj Broking Research recommends Colgate-Palmolive (India), and Varun Beverages as the top stocks to buy on February 27, 2026. The brokerage shares a detailed outlook on Nifty and Bank Nifty:Index view: NiftyIndian equity markets witnessed a highly volatile trend during last week, oscillating within a defined…
Meet the 11 Indian Americans Who Just Made Forbes’ Most Powerful Innovators List In a striking testament to the evolving face of American ingenuity, 11 Indian Americans have been honoured among Forbes’ 250 America’s Greatest Innovators, a list released as part of the United States’ 250th anniversary celebrations, spotlighting those whose ideas and leadership have…
NEW DELHI: Amid uncertainty over tariffs imposed by the US, commerce and industry minister Piyush Goyal met US commerce secretary Howard Lutnick in the Capital on Thursday, signalling that both sides remain engaged on the issue.The details of what transpired remain unclear. “Engaged in very fruitful discussions to expand our trade and economic partnership,” Goyal…
The requirement to blend ethanol with petrol has been introduced to lower dependence on imported crude oil and curb emissions. (AI image) The sale of ethanol blended petrol has been made compulsory effective April 1, 2026. The government has made it mandatory to market petrol blended with ethanol at levels of up to 20% and…
Chipmaker Nvidia reported stronger-than-expected results for the January quarter on Wednesday. The company also projected current-quarter revenue above market estimates, fueled by strong spending on artificial-intelligence processors by Big Tech companies.The company posted sales of $68.13 billion for the quarter, up 94% from a year ago, exceeding analysts’ estimate of $66.21 billion. Adjusted earnings came…
Air passengers can now cancel or modify their tickets without paying additional charges within 48 hours of booking, subject to certain conditions, after the Directorate General of Civil Aviation (DGCA) revised refund norms. Under the amended civil aviation requirements (CAR) for ‘Refund of Airline Tickets to Passengers of Public Transport Undertakings’, airlines have also been…
