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

Without human feelings and consciousness, AI, like any technology, is an ethics-free enterprise

AI, Artificial Intelligence

In richer economies, governments need to work out how to counter the conviction of many voters that their purchasing power, living standards and future prospects are in decline

China economy

The Ministry pointed out that revenue receipts in the first half of the year, at almost 52 per cent of Budget Estimates, were above the five-year rolling average

Finance Ministry, Ministry of Finance

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

More than 10,000 migrants died while trying to reach Spain by sea this year, a report released by a Spanish migration rights group said on Thursday.
On average, that means 30 migrants died every day this year attempting to reach the country by boat, Caminando Fronteras (Walking Borders) said. Overall deaths rose 58% compared to last year, the report added.
Tens of thousands of migrants left West Africa in 2024 for the Canary Islands, a Spanish archipelago close to the African coast that has increasingly been used as a stepping stone to continental Europe.
Caminando Fronteras said most of the 10,457 deaths recorded up until Dec. 15. took place along that crossing, the so-called Atlantic route  considered one of the world's most dangerous.
The organization compiles its figures from families of migrants and official statistics of those rescued. It included 1,538 children and 421 women among the dead. April and May were the deadliest months, the report said.
Caminando Fronteras also n

A visitor writes a condolence message for male giant panda An An, which was euthanised at age 35, at the Ocean Park in Hong Kong (Photo: Reuters)

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 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

Over 10k migrants died in 2024 trying to reach Spain by sea, says aid group

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

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

This smallcap stock has skyrocketed 458% in six months; up 1,878% in a year

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