One of the most notable changes is the introduction of a unified ‘Tax Year’. (AI image) By Sunil BadalaAs we approach FY 2026-27, the country stands at the cusp of one of the most significant overhauls of its income-tax framework in decades. With the introduction of the new Income-tax Act, 2025 and the Income-tax Rules,…
BENGALURU: Persistent Systems’ $1.5-billion bridge financing from Barclays for its proposed acquisition of German IT firm Nagarro is the latest sign that Indian IT companies are increasingly comfortable using debt to fund transformative acquisitions. This marks a departure from the industry’s long-standing preference for cash-rich, debt-free balance sheets.The financing, backed by a corporate guarantee of…
Barcelona have reportedly made contact with Harry Kane’s camp to explore the possibility of signing the England captain from Bayern Munich after the FIFA World Cup, but the first response from the player’s side has not opened the door to an immediate move. Harry Kane for England. (Getty Images via AFP) According to the Daily…
Ceasefire in name only? Gulf States sound sirens (AP photo) Missile alert sirens sounded in many Middle Eastern countries early Wednesday, despite Iran and the United States saying they had reached a two-week ceasefire in the war. Despite diplomatic efforts, fighting appeared to continue across multiple fronts. In Abu Dhabi, a gas processing facility was…
IndusInd Bank reported an 8.7% year-on-year (YoY) drop in net advances to ₹3,15,154 crore in the January-March quarter of the financial year 205-56, compared to ₹3,45,019 crore in the same period last fiscal. On a sequential basis as well, loan growth remained muted, sliding 0.8% from the December quarter. The lender shared its fourth quarter…
Filmmaker S. S. Rajamouli has added yet another prestigious international recognition to his remarkable journey. The visionary director, whose films have taken Indian cinema to global audiences, was honoured with the ‘Julliat 2026’ recognition during his visit to Institut Lumière in Lyon, France. As part of the event, screenings of his acclaimed films ‘Eega’ and…
India’s digital payments ecosystem is anchored around UPI, with a large share of transactions now comprising small, frequent payments such as QR scans at stores, mobile recharges and utility bill payments. This shift in transaction patterns is also being reflected in how credit card features are structured. What’s changing in cards? Recent credit card offerings…
Lebanon was drawn into the war between the US and Israel on one side, and Iran on the other, on 2 March, when Hezbollah launched rockets into Israel in retaliation for an Israeli strike that killed Iran’s Supreme Leader Ali Khamenei. Israel responded with an air campaign across Lebanon and a ground invasion. Source link
Trade speculation surrounding A.J. Brown has gained momentum. Uncertainty around his future with the Philadelphia Eagles, along with the paused discussions with New England Patriots, has reignited speculation. A.J. Brown has been linked with a potential move to the Kansas City Chiefs amid ongoing trade speculation (Instagram) The Kansas City Chiefs have now emerged as…
Assam budget proposes welfare ban, dismissal for those practising polygamy The Assam government on Friday proposed dismissing government employees found guilty of practising polygamy, according to the state Budget presented by Finance Minister Jayanta Malla Baruah. The Budget also proposed barring people practising polygamy from availing benefits under state-run welfare schemes“Speaker Sir, in order to…
