Explained: Why India is well positioned to deal with negative effects of Trump’s tariffs & top reasons it will be at an advantage

India is set to overtake Japan to become the world’s fourth largest economy this year. (AI image) US President Donald Trump is disrupting the world economy with his reciprocal tariffs – but India is well positioned not only against the adverse impact of these moves, but may actually be able to take long-term advantage from…

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IndusInd Bank posts record Rs 2,329 cr Q4 loss amid deep cleanup, leadership crisis

Representative image (Picture credit: IANS) Fraud-hit IndusInd Bank on Wednesday posted a record net loss of Rs 2,329 crore for the March quarter, its worst-ever performance, after the lender took a series of one-time hits to clean up its books and recognise past accounting lapses. The heavy quarterly setback followed deep-rooted governance failures, incorrect reporting…

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New Income tax bill: Get one-time set off of long-term capital loss against short-term capital gains from tax year 2026–27

A one-time tax relief proposed under the new Income Tax Bill, 2025 could significantly reduce capital gains tax liabilities for many individual taxpayers. The new Income Tax bill allows long-term capital losses (LTCL) incurred up to March 31, 2026, to be set off against any short-term capital gains (STCG) from tax year 2026–27 onwards. This…

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Donald Trump ally seeks H-1B visa curbs after US announces crackdown on illegal immigration-linked Indian travel agents

Donald Trump’s ally Laura Loomer called for restrictions on H-1B visas after the US banned Indian travel agents accused of illegal migration.Loomer, a vocal critic of immigrant employment, posted on X: “Let’s go. Now do the H1B visas. Thank you for your attention to this very important matter!”Her remarks come after the US government implemented…

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CCPA notice to Uber over ‘advance tip’ feature for faster service, more under scanner

NEW DELHI: The Central Consumer Protection Authority has issued notice to ride hailing platform Uber over its ‘advance tip’ feature in its app for availing faster service, calling it an unethical and unfair trade practice. The authority is also looking into similar practices by other platforms such as Rapido and Ola, sources said.Announcing the authority’s…

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Accenture announces 3-13% salary hikes for the first time in 2.5 years; 50,000 people promoted including 15,000 in India

Accenture is also promoting nearly 50,000 employees globally in June, aiming to lift staff spirits. Accenture, the global IT services giant, has announced pay hikes between 3 percent and 13 percent for staff at Associate Manager level and higher positions, marking their first raise in the last 2.5 years.Accenture is also promoting nearly 50,000 employees…

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