Gibran raises $2.6 million to build nature-inspired, adaptive AI systems (Representative AI image) BENGALURU: AI research startup Gibran has raised $2.6 million in a seed round led by Together Fund to develop a new class of adaptive, scale-free systems that augment human creativity and decision-making. The company draws on principles from evolutionary biology and complex […]
New Delhi: Income Tax refunds have jumped 474% in the last 11 years to Rs 4.8 lakh crore in 2024-25, significantly outpacing the 274% growth in gross tax collections, sources said on Sunday. Also, there has been an 81% decrease in number of days it takes to issue income tax refunds, decreasing from 93 days […]
Centre grants tax exemption benefits to IREDA bonds New Delhi [India], July 10 (ANI): The central government has granted tax-saving status to PSU renewable projects financing company IREDA Ltd’s bonds under Section 54EC of the Income Tax Act. This will facilitate low-cost fundraising for renewable energy and offer capital gains tax exemption to investors. The […]
NEW DELHI: Elon Musk’s satcom venture Starlink on Wednesday cleared the final hurdle for launch of services in India, as the company received satellite authorisation approval from Indian National Space Promotion and Authorization Centre (IN-SPACe). Earlier, the company had received a license to offer satellite services in India from the department of telecom (DoT) on […]
Jodhpur: The Department of Urology at AIIMS Jodhpur, in collaboration with the Royal Urology Society (RUS), hosted the 7th edition of RUFCON 2025, the annual conference of the Robotic Urology Forum. The national-level event convened urologists and healthcare professionals from across India to discuss recent developments in robotic and AI-enabled urologic surgery. Themed “Advancing Precision […]
As a taxpayer, you can claim deductions under both Section 80C and 80CCC, but the total deduction for both cannot exceed Rs 1,50,000. The Central Board of Direct Taxes (CBDT) recovered ₹20,000 crore in outstanding dues in the first quarter of this financial year, almost double of what it had recovered in the year-ago period. […]
NEW DELHI: Jammu & Kashmir govt has sought lower GST on handloom and handicraft products in a move aimed at making pashmina shawls and silk carpets more affordable for Indian buyers. Currently, handloom and handicrafts items that cost Rs 1,000 or more attract 12% tax, and the proposal is to lower the levy to 5% […]
Indian Railways authorities are evaluating various alternatives due to the decreased operational costs. Soon you may get higher refund from Indian Railways for your cancelled train ticket! The Indian Railways is considering either lowering or doing away with the administrative fees, known as ‘clerkage’, which it currently deducts whilst processing refunds for unconfirmed waitlisted tickets […]
US fund Jane St banned from D-St over ‘mkt manipulation’MUMBAI: Markets regulator Sebi late on Thursday banned US-based foreign fund Jane Street from the Indian market for manipulating stocks and derivatives segments over several years to make huge illegal gains. Jane St, known for their quant-based trading strategies, has also been asked to disgorge nearly […]
Jamil Khatri, ex-KPMG India audit head and Co-Founder and CEO of Uniqus India’s ambition to build its own homegrown global professional services champions is achievable—but only if the country addresses deep structural hurdles in its audit ecosystem, says Jamil Khatri, ex-KPMG India audit head and Co-Founder and CEO of Uniqus, an Indian-origin consulting firm with […]
