MUMBAI: The Reserve Bank of India (RBI) has invited public comments on the draft “Reserve Bank of India (Prudential Norms on Dividend and Remittance of Profit) Directions, 2026”, proposing a revised framework for declaration of dividends and remittance of profits by banks.The central bank said it had undertaken a review of the existing guidelines on…
CEC Gyanesh Kumar; TMC MP Derek O’Brien NEW DELHI: Opposition parties will bring a fresh motion to impeach Chief Election Commissioner (CEC) Gyanesh Kumar, Trinamool Congress (TMC) MP and spokesperson Derek O’Brien said on Monday.“19 political parties and around 300 MPs had earlier moved an impeachment notice against the CEC. In the coming days, a…
Iga Swiatek of Poland (AP Photo/Yuki Iwamura) Iga Swiatek’s run in the 2025 US Open met with a shocking end on Wednesday as Amanda Anisimova powered past her 6-4, 6-3 in the quarterfinals. It was a rematch of July’s Wimbledon final, where Swiatek had crushed the American 6-0, 6-0. This time, Anisimova dictated play with…
Leading watch and jewellery maker Titan is “very bullish” for its watch business, which is expected to touch the $1 billion sales mark in the next two years, led by factors such as premiumisation, retail footprint expansion and growth of the international business division, a top company official said. Titan recorded a compounded annual growth…
NEW DELHI: Prime Minister Narendra Modi on Sunday hailed the Union Budget 2026 as “historic”, saying it charts a clear roadmap towards achieving the goal of a Viksit Bharat by 2047 and gives fresh momentum to India’s reform journey. He also highlighted the recently signed “mother of all deals” between India and EU in his…
Mahesh Jethmalani (left) and Rajiv Nayar during their exchange (x.com/TimesAlgebra) NEW DELHI: Senior advocates Mahesh Jethmalani and Rajiv Nayar got into a heated exchange in the Delhi High Court while representing their respective clients in the high-stakes battle over late industrialist Sunjay Kapur’s estate, estimated at around Rs 30,000 crore.Also Read | Sanjay Kapur estate…
India-New Zealand FTA: The India-New Zealand trade deal or Free Trade Agreement signed on Monday has been called a ‘once-in-a-generation’ trade pact. For one, it gives Indian exporters duty-free or zero duty access to all exports. The implementation of the trade deal is now contingent on New Zealand Parliament’s approval, and in the case of…
Navi Mumbai International Airport’s Terminal 1 will have 66 check-in counters, 29 aerobridges, 22 self-baggage drop counters and 10 bus boarding gates. The new airport will feature India’s largest aircraft maintenance, repair, and overhaul (MRO) facilities, positioning itself as a significant cargo transportation centre. Source link
India is projected to surpass China in terms of its share of global GDP measured in purchasing power parity (PPP) by around 2060, as China’s contribution to the world economy is expected to stabilise and decline in the second half of the century, PTI reported citing a report by researchers associated with the World Inequality…
Rajesh Nambiar Nasscom president Nasscom President Rajesh Nambiar has strongly dismissed fears that AI tools will eliminate technology services jobs, despite market concerns wiping out $50 billion from Indian IT companies’ market value since 2025. He emphasizes that large enterprises’ complex technology needs and regulatory requirements make IT services essential, even as AI adoption grows.“Concerns…
