The move could benefit tens of millions of taxpayers, especially city dwellers burdened by high living costs, if they opt for a 2020 tax system that strips exemptions like housing rentals

income tax

Markets Today LIVE: As markets in India and around the world reopen after the Christmas holiday, investors here are looking to ride the so-called Santa Clause rally driving Wall Street higher

The average daily trading volume (ADTV) for the futures and options segment climbed to a new record high of Rs 537 trillion in September, rising 7.2 per cent on a month-on-month basis. The ADTV for the cash segment, however, fell nearly 4 per cent to

Shares of Vantage Knowledge Academy surged 4.98 per cent after the company announced plans to consider issuing bonus shares as well as interim dividend payment

Indian Share market, BSE, Stock market

Terminal Investment Limited Sarl (TIL) invests in, develops, and manages container terminals across the globe

manufacturing, shipping, containers, ships, ports, port

ReNew Energy Global Plc (ReNew) on Monday said it has signed an agreement with Anzen to sell entire stake in its wholly owned subsidiary RSWPL at an enterprise value of USD 176 million.
Under the agreement, ReNew Private will sell 100 per cent shareholding and economic interest in ReNew Sun Waves Pvt Ltd (RSWPL), which houses a 300 MW operating solar asset to Anzen India Energy Yield Plus Trust (Anzen).
In a regulatory filing, ReNew said it "announces the signing of definitive agreement to sell RSWPL to Anzen. The transaction is expected to close post completion of contractual obligations and conditions precedent including receipt of lender approval".
The enterprise value determined under the agreement is USD 176 million, subject to net current assets and other such adjustments as provided in the definitive documents.
Additionally, USD 17 million is expected to be received as an earn-out on account of change in law proceeds pertaining to increase in basic customs duty (BCD), safegu

Energy, Solar energy, Wind Energy

Nissan Motor India declined to comment on the matter. Honda Cars India too did not comment

Nissan-Honda merger, Nissan, Honda

The meeting was chaired by the Prime Minister and attended by Finance Minister Nirmala Sitharaman, Chief Economic Adviser V Anantha Nageswaran, and NITI Aayog officials

Prime Minister Narendra Modi with Finance Minister Nirmala Sitharaman during a discussion with economists in New Delhi on Tuesday | Photo: PTI

REER represents the inflation-adjusted, trade-weighted average value of a currency against its trading partners

Rs, Rupee, Indian Currency

This initiative aims to prepare India's workforce for the quantum revolution, positioning the nation as a global leader

quantum technology

Xiaomi Pad 7 launching on Jan 10. Vivo Y29 5G smartphone launched. Ray-Ban Meta glasses with display. Apple iPad 11th generation launching early next year. Samsung Galaxy S25 Slim

Tech Wrap December 26

As many as 64.64 crore voters exercised their franchise in the Lok Sabha polls held earlier this year with women voters outnumbering men, according to statistical data released by the Election Commission on Thursday.
The female voter turnout stood at 65.78 per cent as compared to 65.55 per cent for male electors, the EC said.
EC functionaries asserted that such granular data is not shared by any of the election management bodies in democracies across the world.
The data on Lok Sabha polls, 2024 and four assembly elections -- Andhra Pradesh, Odisha, Sikkim and Arunachal Pradesh -- held alongside parliamentary polls comes against the backdrop of allegations of non-disclosure by the EC.
"This suo motu initiative is to enhance the public trust that constitutes the underpinning of India's electoral system," the EC said.
Referring to women participation in the polls, EC said the number of female contesting candidates was 800, compared to 726 in 2019.
Maharashtra had the highest number 

Election, Maharashtra Election, Maharashtra Polls, Vote, Voting

The Centre is planning to send a human into the deep sea with the mission likely to coincide with the human space mission in early 2026, Union Minister of State (Independent Charge) for Science, Jitendra Singh said on Thursday.
Speaking at the 'Commemoration of the 20th anniversary of the 2004 Indian Ocean Tsunami' at the Indian National Centre for Ocean Information Services (INCOIS), he recalled that Prime Minister Narendra Modi had mentioned the Deep Sea Mission in the past Independence Day address.
"We are also planning to send a human into the deep sea. I was telling Ravichandran (Secretary, Ministry of Earth Sciences) that it would be a strange coincidenceone human in space and another in the deep sea. This will happen almost simultaneously," Singh said.
The human space mission, initially planned for 2025, may not take place next year, but is now expected in early 2026, he added.
"... one Indian up there, and one Indian in the deep sea. That will be once again, a record of ...

Jitendra Singh

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Tech wrap Dec 26: Xiaomi Pad 7 launch, Vivo Y29 5G, Ray-Ban Meta glasses

EC data on LS polls: Women outshine men again in exercising franchise

Govt planning to send human into deep sea in early 2026: Jitendra Singh

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Stock Market Highlights: Sensex ends flat at 78,472, Nifty at 23,750; Auto, pharma shares shine

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