What if children picked up a ringing phone instead of a smartphone after school? This might sound strange, given the 21st centuary, the era of digital and smart devices. However, it is becoming a reality in some homes and schools, as a landline-style device called the Tin Can gains popularity among families trying to cut…
India’s wheat output for the 2025–26 crop year is expected to remain steady despite weather disruptions, the agriculture ministry said on Sunday, even as an industry estimate suggested lower production. The ministry said that the crop is “stable and resilient despite localised damage” caused by unseasonal rainfall and hailstorms. It described the season as “mixed…
A mix of global tensions, corporate earnings and key economic cues is set to shape stock market movement in the coming week, which will be shorter due to a market holiday on Friday for Maharashtra Day.Developments in the Middle East, particularly around the Strait of Hormuz, remain at the centre of investor attention, with their…
India is adopting a strategic approach in its trade relationship with China, aiming to expand exports and strengthen domestic manufacturing while gradually reducing its dependence on Chinese inputs. A senior government official told PTI that the focus is on maintaining balance rather than pursuing a complete break from Beijing. The executive said that India is…
Mumbai: Salaried taxpayers claiming House Rent Allowance (HRA) under the Income-Tax (I-T) Act, face tighter disclosure norms from April 1, 2026, with the introduction of a new declaration format: Form 124 which replaces the earlier Form 12BB and requires additional details to curb misuse.Employees are required to submit this form to their employers for the…
Mumbai: Finance minister Nirmala Sitharaman on Saturday signalled fresh Covid-era style policy support to cushion the impact of the West Asia conflict, while urging India Inc to step up investment and replace imports with domestic manufacturing.At the ET Awards for Corporate Excellence, Sitharaman said the govt is working on support measures for sectors hit by…
US President Donald Trump’s second term has seen a striking trend: most major geopolitical moves, trade signals and domestic policy pushes appear to orbit a single strategic axis—oil.What once sounded like campaign rhetoric in the form of “drill, baby, drill” has now evolved into a structured economic doctrine, where energy dominance is not just a…
O2C Division Hit Hard By Rising Costs, Supply Chain Disruptions MUMBAI: Reliance Industries, India’s most valuable company by market capitalisation, posted a 9% fall in quarterly profit on Friday, as surging crude prices driven by the West Asia conflict weighed on its core oil-to-chemicals (O2C) division.Consolidated net profit fell to Rs 20,589 crore in the…
RBI cancels Paytm Payments Bank licence; to approach High Court MUMBAI: RBI on Friday cancelled the banking licence of Paytm Payments Bank with immediate effect, prohibiting it from carrying out any banking business and setting in motion the process for winding up, even as the entity had already been reduced to a runoff institution after…
एक्सिस बैंक की ब्याज से कमाई बढ़ी Axis Bank reported a net profit of Rs 7,071 crore for the fourth quarter ended March 31, 2026, marking a marginal year-on-year decline of 0.6% from Rs 7,117 crore, as a jump in standard-asset provisioning as a prudential measure and drop in trading profits offset steady growth in…
