The Income Tax Department has awarded the PAN 2.0 modernisation contract to IT services major LTIMindtree, with the new system is expected to go live within 18 months, PTI reported citing a government official. The PAN 2.0 platform will serve as a one-stop solution for all matters related to Permanent Account Numbers (PAN) and Tax…
US stocks rallied sharply on Monday, recouping much of last week’s steep losses triggered by concerns over President Donald Trump’s tariff policies and weakening job data. The S&P 500 jumped 1.1% in midday trade, clawing back over two-thirds of its Friday drop. The Dow Jones Industrial Average rose 426 points or 1%, while the Nasdaq…
The rate-setting Monetary Policy Committee (MPC) of the Reserve Bank of India, chaired by Governor Sanjay Malhotra, began its three-day meeting on Monday to decide the upcoming bi-monthly monetary policy. The outcome will be announced on Wednesday (August 6), amid expectations of a pause in the rate-easing cycle and rising uncertainty over the impact of…
Both India and China, faced with the prospect of 100% tariffs, penalties and so on – have so far not stopped buying crude from Russia. (AI image) US President Donald Trump’s threats and warnings to get Vladimir Putin to stop the Russia-Ukraine war don’t seem to be working as of now. His tactic of pressuring…
Delhi, Maharashtra and Chandigarh have topped Niti Aayog’s inaugural India Electric Mobility Index (IEMI) 2024, emerging as frontrunners in the country’s transition to electric vehicles. The index evaluates the performance of all states and Union Territories across 16 indicators grouped under three broad themes: EV adoption, charging infrastructure readiness, and EV technology and innovation.According to…
Marking its 19th anniversary with a sharp global pivot, IndiGo on Saturday announced it will launch daily non-stop flights to London Heathrow from October 26, 2025, using leased Boeing 787-9 Dreamliners, as part of a larger international expansion plan.This milestone comes as India’s largest airline by market share prepares to induct five more Dreamliners this…
Tesla has approved a new stock award for CEO Elon Musk worth an estimated $29 billion, offering him 96 million shares as part of a fresh compensation deal aimed at keeping him at the company’s helm. The move comes just months after a Delaware court voided Musk’s earlier 2018 pay package, which had been valued…
NEW DELHI: Hindustan Zinc Ltd has entered into a Rs 400-crore deal with Essar group’s GreenLine Mobility Solutions for decarbonising its logistics network by deploying the latter’s advanced electric (EV) and trucks powered by liquefied natural gas (LNG).The deal envisages GreenLine deploying 100 electric trucks to replace diesel vehicles for inter-unit concentrate movement between the…
Niti Aayog on Monday urged the government to formulate a National Electric Vehicle (EV) policy with clear targets and timelines to accelerate India’s shift to clean mobility, as part of its latest report titled “Unlocking a USD 200 Billion Opportunity: Electric Vehicles in India.“The report, released by Niti Aayog member Rajiv Gauba, called for a…
Visitors seeking B-1 and B-2 visas from countries with significant overstay percentages must submit bonds before visa approval. (AI image) The Donald Trump administration has announced that some categories of visas may now require a $15,000 bond from the visitors before being issued by America. The regulation revives a measure from US President Donald Trump’s…
