Business

MUMBAI: Chiefs of India’s consumer companies are seeking more tax cuts, wider measures to put money in the hands of the middle-class and support consumption, which has begun to look up after months of sluggishness but runs the risk of being buffeted by external macro factors. CEOs are also pinning hopes on the Budget to…

NEW DELHI: Realty major DLF and GIC joint venture DCCDL’s rental income rose 18 per cent to Rs 1,412 crore in the December quarter amid strong demand for premium office and retail spaces. DLF Cyber City Developers Ltd (DCCDL) rental income stood at Rs 1,193 crore in the year-ago period, according to DLF’s latest investors…

In a landmark judgement delivered on 23.05.2025 by a bench comprising of Justice Ujjal Bhuyan and Justice Abhay S. Oka, the Supreme Court reaffirmed that the maternity leave is not a favor or discretionary benefit given by the employer, but a legal right flowing from a woman’s reproductive rights. The court held that maternity leave…

NEW DELHI: Centre on Sunday announced the Padma Awards for 2026 on the eve of Republic Day, conferring the Padma Bhushan on veteran banker and industrialist Uday Kotak for his exceptional contribution to the financial sector, a government statement said.The Padma Awards, among India’s most prestigious civilian honours, are given in three categories—Padma Vibhushan, Padma…

India Inc is dialing back hiring of fresh graduates, especially those from science, technology, engineering and mathematics (STEM) backgrounds, as companies turn more selective and focuses on industry-ready talent.Around 200,000–220,000 STEM freshers were hired in FY25, but this number is expected to fall to a little over 150,000 in the current fiscal, according to a…

The India–European Union free trade agreement (FTA), expected to be announced on January 27, is likely to lower costs and expand trade rather than harm domestic industry, the Global Trade Research Initiative (GTRI) said on Sunday.In FY2025, India–EU goods trade crossed $136 billion. GTRI said tariff reductions under the FTA would primarily reduce input costs,…

Old vs New Income Tax Regime (AI image) Each year the Budget speech is eagerly watched and listened to by the common man and middle class taxpayers, seeking answer to a simple query: will my tax burden reduce this year? Even finance ministers presenting the Budget are aware of the populist impact of their speech,…

India’s regional connectivity scheme is headed for a revamp, awaiting Cabinet’s approval for a plan that would financially support airlines operating on remote routes to cover potential losses. Launched in 2016, the scheme caps fares on half of the seats to make air travel affordable. However, flights to hinterland destinations often remain commercially unviable due…

The rupee’s slide to a historic low of 92 against the US dollar on January 23 is beginning to pinch wallets, making everything from crude oil and electronics to overseas education and foreign travel more expensive, while offering some relief to exporters.The local currency slid to an all-time low of 92 per dollar during the…

The Union Budget 2026-27 is just one week away and the EV sector is expecting FM Sitharaman to introduce measures aimed at accelerating electric vehicle adoption in India. Deloitte India has highlighted that the government could focus on strengthening domestic manufacturing, supporting clean mobility, and encouraging investment across the EV value chain.Sheena Sareen, Partner at…