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New UK Prime Minister Starmer says controversial Rwanda deportation plan is 'dead and buried'
Prime Minister Keir Starmer scrapped the Rwanda scheme to prioritize economic and NHS issues. His diverse Cabinet tackles migrant crises. Tim Bale noted Labour's challenges. Suella Braverman criticized Starmer. David Lammy's Europe trip preludes Starmer’s NATO meeting in Washington. Health Secretary Wes Streeting aims to resolve NHS multi-day strikes, addressing the 'broken' healthcare system.
ITR filing FY23-24: Want to reduce tax outgo? Know which deductions you can claim in old and new tax regime
Income tax return: While filing ITR you can claim certain tax deductions to reduce your total income tax outgo and increase the tax refund amount. According to CA Shreya Jaisal, "You can still claim additional deductions in your ITR even if they are not appearing in your Form 16, provided you have legitimate proof for it."
Kalyan Jewellers to enter US market, plans 70 new showrooms globally
In its quarterly update report released today, the company has said that it has reported overall revenue growth of approximately 27% YoY, whereas revenue growth for India operations stood at 29% during Q1 FY2025. Revenue growth from Middle East operations stood at 16% YoY
Reliance Jio & Airtel roll out new mobile tariffs. Here's the updated list of prepaid plans with prices & validity
Industry giants, Reliance Jio and Airtel, lead the charge with revamped tariffs, ensuring access to cutting-edge 5G services. The adjustments aim to align pricing with enhanced network offerings, setting a new standard in the competitive telecom landscape.
The Dalai Lama may soon reveal his succession plan, and it’ll have geopolitical ramifications
What if the next Dalai Lama is found among Tibetan immigrants living in a place China does not control? That would give an entirely new twist to the Tibetan movement, causing political problems for the Chinese leadership
Volvo to launch only EVs in India, plans one new car every year
Swedish luxury carmaker Volvo Cars plans to exclusively launch electric vehicles in India after 2030. Volvo aims to introduce one new electric vehicle annually, starting with the EC30 in 2025. The market for electric cars in India, though currently small, is growing rapidly. Volvo holds a significant share in the luxury EV segment in India and sees potential for further growth in the country's luxury vehicle market.
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Russia plans to create core of new space station by 2030
Russia aims to establish the core of its new orbital space station by 2030, according to its space agency, Roscosmos. The agency's head, Yuri Borisov, approved the timeline, which includes launching an initial scientific and energy module in 2027 and adding three more modules by 2030, with two additional modules planned between 2031 and 2033. Previously collaborating on the International Space Station (ISS), Russia plans to exit the ISS by 2028 and focus on its own station to address scientific, technological, and national security needs.
Airtel, Jio announce mobile tariff hike: Here is the full list of new prepaid and postpaid plans and prices
Mobile Tariff Hike: Airtel and Jio and have announced significant tariff hikes, marking the first major rate increase by a telco since 2021. Jio’s new rates, effective July 3, increase by 12-25%, while Airtel’s hikes start immediately. These adjustments aim to boost average revenue per user (ARPU) due to substantial investments in 5G services.
Vi follows Jio, Airtel to raise tariffs; new plans effective July 4
Vodafone Idea has launched new plans for prepaid and postpaid customers starting July 4, 2024, following Jio and Airtel's footsteps. The changes are minimal, aligning higher prices with increased usage, and Vi aims to provide simple, comprehensive plans.
59% of German companies plan new investments in India this year
India is becoming a favored investment destination for German companies, with 59% planning to increase investments this year. Expectations are high, with 78% anticipating rising sales and 55% forecasting higher profits. Factors driving this trend include low labor costs, political stability, and availability of qualified specialists.
Jio hikes tariff by 12.5 to 25%; launches new plans
On Thursday, Jio, owned by Reliance, revealed a tariff increase ranging from 12.5% to 25% alongside the introduction of new plans. In the recent spectrum auction by the Department of Telecommunications, Jio secured additional 1800 MHz band spectrum for Bihar and West Bengal, as informed by Reliance Industries to the exchanges on Wednesday.
Tamil Nadu plans new international airport in Hosur
The Tamil Nadu government is planning a new airport for Hosur on nearly 2,000 acres of land. Chief minister MK Stalin said this airport will handle nearly three crore passengers every year.
Verizon adapts new brand strategy: New logo, wireless and home internet plans, all you need to know
Verizon has taken steps to re-brand itself by introducing a new logo, fresh home and wireless internet plans, along with special video streaming deals, that will help you save on individual subscriptions, and much more. Know how to avail these Verizon offers if you really want to opt for them.
Bengaluru's Second Airport: Location, timeline, plans, preparations, cost
In light of Bengaluru's growing demands, Karnataka Infrastructure Development Minister MB Patil has directed staff to draft a feasibility study for the establishment of a second commercial airport in the city. In a discussion with senior department representatives, Patil talked about the need for a new airport to serve the quickly expanding city.
SBI plans to open 400 branches in FY25: Chairman Dinesh Khara
Asked about the monetisation of subsidiaries, Khara said that SBI would wait for them to further scale up their operations before listing them. Scaling up their operation will increase valuation and ensure better returns for the parent SBI.
Escorts Kubota withdraws plan to set up new unit at Ghiloth in Rajasthan
Farm equipment and construction equipment firm, Escorts Kubota Ltd on Wednesday said it has withdrawn its plan to set up a new manufacturing plant at Ghiloth in Rajasthan due to failure to meet all the key requirements for a large-scale project. The company, which has lined up an investment of up to Rs 4,500 crore over the next three to four years to set up a new manufacturing plant, said it continues to explore alternate options with other states, including Rajasthan.
Vena Solutions expands into India with new headquarters for talent growth
Vena Solutions has established a head office in Indore, Madhya Pradesh, in collaboration with Innogent Technologies, named Vena Solutions India, to recruit talent across India.
Hyundai flags concerns with 'changes' by Indian govt ahead of planned Rs 25,000 crore IPO
Hyundai, which plans to raise Rs 25,000 crore through the Indian stock market by selling a 17% equity stake in the local unit, flagged the importance of stable policies for confidently making technological upgrades. They also highlighted concerns about localisation norms like PLI for automotive technology, aiming to reduce import dependence and lower manufacturing costs with significant initial capital investments.
Inside Tata Motors' plan to stay ahead in the EV race
Tata Motors, a dominant player in the Indian electric car market, is on a mission to solidify its position by implementing an ambitious plan. With a significant increase in electric car sales in the past fiscal year, the company aims to further drive growth by integrating electric vehicles (EVs) and rooftop solar (RTS) systems. Tata Motors plans to promote synergy between RTS and EVs, with the goal of having 50 percent of Tata EV users also utilizing RTS by the end of the decade, a substantial increase from the current 10-15 percent.
Polls over, govt draws final sketch of 100-day action plan
Proposals that are likely to figure in the immediate agenda include widening support for electric mobility, facilitation measures for startups, steps to broaden power transmission and distribution capacity, finalisation of hydropower policy, addressing digital privacy concerns and execution of the Bharatiya Nyaya Sanhita, which is replacing the Indian Penal Code.
BPCL plans to set up new refinery for Rs 50k cr
The state-owned oil marketing company will invest around Rs 50,000 crore in the project for which it is currently evaluating locations in three states - Andhra Pradesh, Uttar Pradesh, and Gujarat, two industry officials aware of the development told ET.
Another upset on cards? Harmeet Singh reveals USA's plan for India clash
USA all-rounder Harmeet Singh believes India will be under pressure in the final over of their upcoming Group A clash in the T20 World Cup at Nassau County International Cricket Stadium.
Modi oath-taking ceremony: Security measures in Delhi for June 9 swearing in similar to G20 Summit
Modi swearing-in ceremony: Security measures akin to those used during the G20 summit will safeguard Narendra Modi's prime ministerial swearing-in on June 9 in Delhi. Intricate ground-to-air surveillance, advanced systems, and covert snipers will ensure safety for South Asian leaders invited to the event. Delhi Police, supported by intelligence agencies, is meticulously coordinating security arrangements.
Airtel announces new plans for T20 World cup with free Disney+ Hotstar offer
Airtel launches special T20 World Cup recharge offer starting at Rs 499 for 28 days, including Disney+ Hotstar subscription. Plans also offer access to Airtel Xstream Play.
Joe Biden presents new Israel ceasefire plan, calls on Hamas to accept it
An earlier hostage proposal put forward earlier this year called for the release of sick, elderly and wounded hostages in Gaza in exchange for a six-week ceasefire that could be extended to allow for more humanitarian aid to be delivered into the enclave.
JioCinema New Plan : Price and discount, validity, perks, how to get, Netflix comparison
Mukesh Ambani's OTT platform business JioCinema has quietly launched two exciting new subscription plans to cater to its customer base, which is Indian. The company, keeping in mind the needs of Indian consumers, has come up with discounted rates for the new Premium Ad-free subscription plans.
Lectrix EV to invest INR 100 crore in FY25; plans multiple launches to strengthen EV market position
The company is planning to launch its new 2W model pre-Diwali and one post-Diwali. Pritesh Talwar, President - EV Business at Lectrix EV is optimistic about creating its name in the 2W market as he believes there is enough space to sustain and create a brand image for multiple companies.
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