
Volkswagen Faces $1.4 Billion Tax Demand in India as Government Stands Firm
Volkswagen is currently facing a major legal challenge in India after the Indian government refused to cancel a $1.4 billion tax bill imposed on the carmaker. The government argued in the Bombay High Court that overturning the tax demand would set a dangerous precedent, warning that such a move could have catastrophic consequences. Officials claimed that doing so might encourage other companies to withhold critical information and deliberately delay tax inquiries, ultimately exploiting legal
Volkswagen Faces $1.4 Billion Tax Demand in India as Government Stands Firm
Volkswagen is currently facing a major legal challenge in India after the Indian government refused to cancel a $1.4 billion tax bill imposed on the carmaker. The government argued in the Bombay High Court that overturning the tax demand would set a dangerous precedent, warning that such a move could have catastrophic consequences. Officials claimed that doing so might encourage other companies to withhold critical information and deliberately delay tax inquiries, ultimately exploiting legal

Kumar Mangalam Birla wins Business Icon of the Year award for transformational leadership
Kumar Mangalam Birla, the esteemed chairman of the Aditya Birla Group, has been recognized with the prestigious Business Icon of the Year Award at the Business Today - PwC India's Best CEO Awards. This recognition highlights his outstanding contribution to transforming the Indian conglomerate into a global business powerhouse with operations across 40 countries. After assuming leadership at just 28 following his father’s untimely demise in 1995, Kumar Mangalam Birla s
Kumar Mangalam Birla wins Business Icon of the Year award for transformational leadership
Kumar Mangalam Birla, the esteemed chairman of the Aditya Birla Group, has been recognized with the prestigious Business Icon of the Year Award at the Business Today - PwC India's Best CEO Awards. This recognition highlights his outstanding contribution to transforming the Indian conglomerate into a global business powerhouse with operations across 40 countries. After assuming leadership at just 28 following his father’s untimely demise in 1995, Kumar Mangalam Birla s

Trump Announces Reciprocal Tariffs on India Amid Ongoing Trade Disputes
US President Donald Trump has announced that his administration will impose reciprocal tariffs on Indian goods starting April 2, a move that has reignited tensions between the two countries over trade policies. Speaking to Breitbart News, Trump expressed frustration with what he described as India's excessively high tariffs on American products. During the interview, President Trump emphasized that while he maintains a "very good relationship" with In
Trump Announces Reciprocal Tariffs on India Amid Ongoing Trade Disputes
US President Donald Trump has announced that his administration will impose reciprocal tariffs on Indian goods starting April 2, a move that has reignited tensions between the two countries over trade policies. Speaking to Breitbart News, Trump expressed frustration with what he described as India's excessively high tariffs on American products. During the interview, President Trump emphasized that while he maintains a "very good relationship" with In

Bitcoin Price Dips to $83,687 Amid ETF Outflows; Crypto Market Volatility Rises
Bitcoin prices showed minor declines across major exchanges on Monday, March 17, reflecting losses of under 2 percent. On CoinMarketCap, Bitcoin was trading at $83,687 (approx. Rs. 72.6 lakh) on global platforms. Meanwhile, on Indian exchanges like CoinSwitch and Giottus, the asset’s value fluctuated between $83,810 (approx. Rs. 72.7 lakh) and $87,506 (approx. Rs. 76 lakh). The leading cryptocurrency’s sluggish performance has persisted for over two weeks following a price dip ear
Bitcoin Price Dips to $83,687 Amid ETF Outflows; Crypto Market Volatility Rises
Bitcoin prices showed minor declines across major exchanges on Monday, March 17, reflecting losses of under 2 percent. On CoinMarketCap, Bitcoin was trading at $83,687 (approx. Rs. 72.6 lakh) on global platforms. Meanwhile, on Indian exchanges like CoinSwitch and Giottus, the asset’s value fluctuated between $83,810 (approx. Rs. 72.7 lakh) and $87,506 (approx. Rs. 76 lakh). The leading cryptocurrency’s sluggish performance has persisted for over two weeks following a price dip ear

US Tariffs May Reduce Indian Exports by 3-3.5%, SBI Research Predicts Minimal Impact
The United States is set to impose reciprocal tariffs starting April 2, raising concerns about potential disruptions to Indian exports. While traders remain uneasy about the impact on export-driven sectors, a report by SBI Research suggests that India's economy is resilient enough to withstand these changes with minimal consequences. According to SBI Research, the newly imposed US tariffs are projected to result in only a 3-3.5% decline in Indian exports. Despite the tariff hike, India&rs
US Tariffs May Reduce Indian Exports by 3-3.5%, SBI Research Predicts Minimal Impact
The United States is set to impose reciprocal tariffs starting April 2, raising concerns about potential disruptions to Indian exports. While traders remain uneasy about the impact on export-driven sectors, a report by SBI Research suggests that India's economy is resilient enough to withstand these changes with minimal consequences. According to SBI Research, the newly imposed US tariffs are projected to result in only a 3-3.5% decline in Indian exports. Despite the tariff hike, India&rs

Trump's Tariffs Spark Global "Boycott USA" Movement, Impacting Trade and Businesses
The "Boycott USA" movement is gaining momentum globally in response to Donald Trump's tariffs imposed on Canada, Mexico, and China, which have ignited trade wars and fueled resentment towards American goods. The backlash, which has been rapidly spreading across social media platforms, reflects growing dissatisfaction with Trump's economic policies and international relations. In the past week alone, Google searches for “Boycott USA” have surged, with European cou
Trump's Tariffs Spark Global "Boycott USA" Movement, Impacting Trade and Businesses
The "Boycott USA" movement is gaining momentum globally in response to Donald Trump's tariffs imposed on Canada, Mexico, and China, which have ignited trade wars and fueled resentment towards American goods. The backlash, which has been rapidly spreading across social media platforms, reflects growing dissatisfaction with Trump's economic policies and international relations. In the past week alone, Google searches for “Boycott USA” have surged, with European cou

Advance Tax Deadline for FY 2024-25: Ensure Timely Payment by March 15, 2025
The Income Tax Department has issued a crucial reminder for taxpayers regarding the final instalment of advance tax for the financial year 2024-25. As per the official directive, taxpayers must clear their advance tax dues by March 15, 2025, to ensure compliance with Indian tax laws. Timely payment of advance tax not only prevents interest penalties but also contributes to the government's efforts towards economic growth, supporting the ‘Viksit Bharat Movement’ aimed at making
Advance Tax Deadline for FY 2024-25: Ensure Timely Payment by March 15, 2025
The Income Tax Department has issued a crucial reminder for taxpayers regarding the final instalment of advance tax for the financial year 2024-25. As per the official directive, taxpayers must clear their advance tax dues by March 15, 2025, to ensure compliance with Indian tax laws. Timely payment of advance tax not only prevents interest penalties but also contributes to the government's efforts towards economic growth, supporting the ‘Viksit Bharat Movement’ aimed at making

Income Tax Filing for AY 2025-26: Form 16, ITR Process, and What to Do if Form 16 is Delayed
Starting April 1, 2025, taxpayers can begin filing their Income Tax Returns (ITR) for the Assessment Year (AY) 2025-26. Employers will provide Form 16 to salaried employees, which plays a crucial role in filing ITR by summarizing salary details, Tax Deducted at Source (TDS), and other tax-related information for the Financial Year (FY) 2024-25. Understanding Form 16, its contents, and its significance can help taxpayers ensure a smooth and error-free filing process.
Income Tax Filing for AY 2025-26: Form 16, ITR Process, and What to Do if Form 16 is Delayed
Starting April 1, 2025, taxpayers can begin filing their Income Tax Returns (ITR) for the Assessment Year (AY) 2025-26. Employers will provide Form 16 to salaried employees, which plays a crucial role in filing ITR by summarizing salary details, Tax Deducted at Source (TDS), and other tax-related information for the Financial Year (FY) 2024-25. Understanding Form 16, its contents, and its significance can help taxpayers ensure a smooth and error-free filing process.

India's Richest Lose $34 Billion Amid 2025 Market Crash: Adani, Ambani, and More
In a significant financial setback for India’s wealthiest individuals, seven prominent billionaires, including Mukesh Ambani, Gautam Adani, Shiv Nadar, Azim Premji, Shapoor Mistry, and others, have collectively lost a staggering $34 billion in 2025 following a sharp stock market selloff. According to the Bloomberg Billionaire Index, this loss comes amid growing volatility in global financial markets. Gautam Adani: The Biggest Loser Ga
India's Richest Lose $34 Billion Amid 2025 Market Crash: Adani, Ambani, and More
In a significant financial setback for India’s wealthiest individuals, seven prominent billionaires, including Mukesh Ambani, Gautam Adani, Shiv Nadar, Azim Premji, Shapoor Mistry, and others, have collectively lost a staggering $34 billion in 2025 following a sharp stock market selloff. According to the Bloomberg Billionaire Index, this loss comes amid growing volatility in global financial markets. Gautam Adani: The Biggest Loser Ga

Reliance Jio Partners with SpaceX to Bring Starlink Internet to India
Reliance Jio has announced a significant partnership with SpaceX to introduce Starlink’s satellite internet services in India. This collaboration aims to improve digital connectivity across the country, particularly in underserved and remote areas. The move is contingent on SpaceX securing the necessary regulatory approvals to sell Starlink services in India. Once approved, Jio will distribute Starlink services through its extensive network of stores and online platforms. The partnershi
Reliance Jio Partners with SpaceX to Bring Starlink Internet to India
Reliance Jio has announced a significant partnership with SpaceX to introduce Starlink’s satellite internet services in India. This collaboration aims to improve digital connectivity across the country, particularly in underserved and remote areas. The move is contingent on SpaceX securing the necessary regulatory approvals to sell Starlink services in India. Once approved, Jio will distribute Starlink services through its extensive network of stores and online platforms. The partnershi

Elon Musk Faces Backlash as Tesla Stock Drops Amid Political Controversy
Elon Musk is facing growing public backlash following his involvement with the Trump administration, with protests escalating in unusual ways. One such protest appeared in New York City, where a satirical sign targeted both Musk and his electric vehicle company Tesla. The viral sign humorously instructs dog owners to dispose of their pet’s waste in the nearest Cybertruck — Tesla’s futuristic electric pickup — and even suggests depositing it "into Elon Musk's m
Elon Musk Faces Backlash as Tesla Stock Drops Amid Political Controversy
Elon Musk is facing growing public backlash following his involvement with the Trump administration, with protests escalating in unusual ways. One such protest appeared in New York City, where a satirical sign targeted both Musk and his electric vehicle company Tesla. The viral sign humorously instructs dog owners to dispose of their pet’s waste in the nearest Cybertruck — Tesla’s futuristic electric pickup — and even suggests depositing it "into Elon Musk's m

Central Government Likely to Announce 2% DA and DR Hike for Employees and Pensioners
The central government is expected to announce a 2% hike in Dearness Allowance (DA) and Dearness Relief (DR) this week, according to several media reports. This anticipated hike is set to benefit over 12 million central government employees and retirees under the guidelines of the 7th Pay Commission. If implemented, this increase will raise the existing DA from 53% to 55% of the basic pay. The increase is designed to help employees and pensioners manage inflation by adjusting their income to
Central Government Likely to Announce 2% DA and DR Hike for Employees and Pensioners
The central government is expected to announce a 2% hike in Dearness Allowance (DA) and Dearness Relief (DR) this week, according to several media reports. This anticipated hike is set to benefit over 12 million central government employees and retirees under the guidelines of the 7th Pay Commission. If implemented, this increase will raise the existing DA from 53% to 55% of the basic pay. The increase is designed to help employees and pensioners manage inflation by adjusting their income to

Loan Against Mutual Funds: How to Secure Funds Without Redeeming Your Investments
A loan against mutual funds is an effective financing option that allows investors to access funds without selling their investments. By pledging mutual fund units as collateral, individuals can secure a loan from banks or financial institutions. This method provides a practical solution for short-term financial needs while enabling investors to retain their portfolio and continue benefiting from market growth. What is a Loan Against Mutual Funds?
Loan Against Mutual Funds: How to Secure Funds Without Redeeming Your Investments
A loan against mutual funds is an effective financing option that allows investors to access funds without selling their investments. By pledging mutual fund units as collateral, individuals can secure a loan from banks or financial institutions. This method provides a practical solution for short-term financial needs while enabling investors to retain their portfolio and continue benefiting from market growth. What is a Loan Against Mutual Funds?

Trump Criticizes India’s “Massive Tariffs” and Confirms India’s Agreement to Reduce Them
US President Donald Trump reiterated his strong criticism of India’s high tariffs on Friday, calling them “massive” and emphasizing that they make it difficult for American businesses to sell products in the Indian market. Trump, addressing reporters at the White House, stated that India has now agreed to reduce these tariffs significantly, following continuous pressure and public scrutiny from his administration."India charges us massive tariffs. Massive. You can't
Trump Criticizes India’s “Massive Tariffs” and Confirms India’s Agreement to Reduce Them
US President Donald Trump reiterated his strong criticism of India’s high tariffs on Friday, calling them “massive” and emphasizing that they make it difficult for American businesses to sell products in the Indian market. Trump, addressing reporters at the White House, stated that India has now agreed to reduce these tariffs significantly, following continuous pressure and public scrutiny from his administration."India charges us massive tariffs. Massive. You can't

Tata Power Renewable Energy to Invest ₹49,000 Crores in Andhra Pradesh for Green Energy Growth
In a major boost to Andhra Pradesh's renewable energy sector, Tata Power Renewable Energy Limited has committed to investing ₹49,000 crores in the state. This substantial investment is part of Andhra Pradesh’s ongoing efforts to attract large-scale investments under the leadership of Chief Minister N. Chandrababu Naidu. The agreement was officially signed on Friday in the presence of Nara Lokesh, the national general secretary of the Telugu Desam Party (TDP) and the Minister for I
Tata Power Renewable Energy to Invest ₹49,000 Crores in Andhra Pradesh for Green Energy Growth
In a major boost to Andhra Pradesh's renewable energy sector, Tata Power Renewable Energy Limited has committed to investing ₹49,000 crores in the state. This substantial investment is part of Andhra Pradesh’s ongoing efforts to attract large-scale investments under the leadership of Chief Minister N. Chandrababu Naidu. The agreement was officially signed on Friday in the presence of Nara Lokesh, the national general secretary of the Telugu Desam Party (TDP) and the Minister for I

Trump Establishes Strategic Bitcoin Reserve, Prohibits Sale of US Government-Owned Cryptocurrency
President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve, reinforcing the United States’ role in cryptocurrency management. This move marks a significant shift in federal policy toward digital assets, as the US government will now officially stockpile Bitcoin and other cryptocurrencies seized in criminal and civil forfeiture cases.Unlike traditional government reserves, this initiative does not involve taxpayer funds. Instead, the reserve will be bui
Trump Establishes Strategic Bitcoin Reserve, Prohibits Sale of US Government-Owned Cryptocurrency
President Donald Trump has signed an executive order establishing a Strategic Bitcoin Reserve, reinforcing the United States’ role in cryptocurrency management. This move marks a significant shift in federal policy toward digital assets, as the US government will now officially stockpile Bitcoin and other cryptocurrencies seized in criminal and civil forfeiture cases.Unlike traditional government reserves, this initiative does not involve taxpayer funds. Instead, the reserve will be bui

Why Indian Startups Should Incorporate Locally in 2025: Key Benefits Over US and Singapore
For years, many Indian startup founders believed that incorporating their businesses in the US or Singapore made it easier to raise venture capital, manage international operations, and plan for exits. However, in 2025, this perception is rapidly changing as more startups recognize the advantages of incorporating in India.Kunal Bahl, co-founder and former CEO of Snapdeal, recently shared insights on why Indian incorporation is now the smartest choice for startups. As per the Hurun Global Unic
Why Indian Startups Should Incorporate Locally in 2025: Key Benefits Over US and Singapore
For years, many Indian startup founders believed that incorporating their businesses in the US or Singapore made it easier to raise venture capital, manage international operations, and plan for exits. However, in 2025, this perception is rapidly changing as more startups recognize the advantages of incorporating in India.Kunal Bahl, co-founder and former CEO of Snapdeal, recently shared insights on why Indian incorporation is now the smartest choice for startups. As per the Hurun Global Unic

US Demands India Drop Tariffs on Most Goods Amid Trade Tensions, India Stands Firm
The United States has reportedly asked India to eliminate tariffs on nearly all goods except agricultural products, according to a CNBC-TV18 report on March 6. If India accepts this demand, it would mean removing key trade protections while receiving little in return. The proposal has raised concerns in India, as it comes amid escalating trade tensions between the two countries.US President Donald Trump has been vocal in his criticism of India’s trade policies, repeatedly labeling them
US Demands India Drop Tariffs on Most Goods Amid Trade Tensions, India Stands Firm
The United States has reportedly asked India to eliminate tariffs on nearly all goods except agricultural products, according to a CNBC-TV18 report on March 6. If India accepts this demand, it would mean removing key trade protections while receiving little in return. The proposal has raised concerns in India, as it comes amid escalating trade tensions between the two countries.US President Donald Trump has been vocal in his criticism of India’s trade policies, repeatedly labeling them

India’s New Income Tax Bill 2025 Expands Tax Authorities’ Access to Digital Assets and Online Data
The Indian government has introduced the Income Tax Bill 2025, a major overhaul of the country’s tax laws, granting unprecedented investigative powers to tax authorities. While presented as a move to modernize tax compliance, the bill includes provisions that allow tax officers to access digital assets, emails, social media profiles, trading accounts, and cloud storage in cases of suspected tax evasion.Finance Minister Nirmala Sitharaman introduced the bill in Parliament, stating that i
India’s New Income Tax Bill 2025 Expands Tax Authorities’ Access to Digital Assets and Online Data
The Indian government has introduced the Income Tax Bill 2025, a major overhaul of the country’s tax laws, granting unprecedented investigative powers to tax authorities. While presented as a move to modernize tax compliance, the bill includes provisions that allow tax officers to access digital assets, emails, social media profiles, trading accounts, and cloud storage in cases of suspected tax evasion.Finance Minister Nirmala Sitharaman introduced the bill in Parliament, stating that i

SEBI Launches Mitra Platform to Track and Reclaim Lost Mutual Fund Investments
The Securities and Exchange Board of India (SEBI) has introduced a new digital platform named "Mutual Fund Investment Tracing and Retrieval Assistant" (Mitra) to help investors track and reclaim lost, unclaimed, or inactive mutual fund investments. The initiative aims to reduce financial losses due to investor oversight, outdated KYC details, or the demise of the original investor.According to a circular issued by SEBI on February 12, 2025, an inactive folio is defined as a mutual f
SEBI Launches Mitra Platform to Track and Reclaim Lost Mutual Fund Investments
The Securities and Exchange Board of India (SEBI) has introduced a new digital platform named "Mutual Fund Investment Tracing and Retrieval Assistant" (Mitra) to help investors track and reclaim lost, unclaimed, or inactive mutual fund investments. The initiative aims to reduce financial losses due to investor oversight, outdated KYC details, or the demise of the original investor.According to a circular issued by SEBI on February 12, 2025, an inactive folio is defined as a mutual f