US President Donald Trump issued a sharp warning to pharmaceutical giants, calling on them to slash prescription drug prices in the United States or face the consequences.In letters addressed to 17 major drug companies, Trump urged them to cooperate with his administration to implement sweeping reforms aimed at lowering costs for American patients, who currently […]
JLR CEO steps down after 3 years at helm
Jaguar Land Rover CEO Adrian Mardell is leaving the Tata Motors-owned carmaker, as it grapples with higher US tariffs and a controversial makeover of the Jaguar brand. “Mardell has expressed his desire to retire from JLR after three years as CEO and 35 years with the company,” a spokesperson said A video last year teasing […]
Trump’s Pak oil deal a move to counter China, pressure India?
NEW DELHI : President Donald Trump’s announcement of a deal to develop Pakistan’s “massive oil reserves” sounds more like a strategic manoeuvre on the South Asian chessboard to counter Islamabad’s growing dependence on Beijing and pressure India over the trade deal, rather than a realistic assessment of the country’s immediate hydrocarbons potential.Various estimates peg Pakistan’s […]
Elon Musk’s Starlink gets licence to launch satellite internet in India; spectrum framework ready, says Telecom minister Scindia
In a major step towards expanding satellite broadband access, Elon Musk’s Starlink has been granted a Unified Licence to provide satellite internet services in India, Union Telecom Minister Jyotiraditya Scindia announced on Thursday. Alongside the licence, the government has also finalised frameworks for spectrum allocation and gateway setup to facilitate a smooth rollout of services.“Starlink […]
Pradhan Mantri Kisan Sampada Yojana boost: Centre clears Rs 6,520 crore for PMKSY expansion, 50 irradiation units and 100 food labs in pipeline
The Union Cabinet has approved a total outlay of Rs 6,520 crore — including an additional Rs 1,920 crore — for the Central Sector Scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY) during the ongoing 15th Finance Commission cycle (2021–22 to 2025–26), the government said in an official release said.The allocation includes Rs 1,000 crore to […]
‘Busy day’ at White House: 25% tariff on India; ‘dead economies’ jibe, trade deal with Pakistan & more – Key points
US President Donald Trump (AP) NEW DELHI: It was a “busy day” at the White House on Wednesday as US President Donald Trump rolled out a series of key announcements, including a 25% tariff and additional penalties on India. At the same time, he offered to assist India’s hostile neighbour Pakistan in developing its “massive […]
DGCA audit of 8 airlines finds 263 lapses in 1 year
NEW DELHI: The Directorate General of Civil Aviation (DGCA) Wednesday said it has had 263 ‘findings’ (lapses found during audits) across eight airlines in the last one year. Among big airlines, 51 ‘findings’ were at Air India, followed by 25 at Air India Express and 23 at IndiGo.Of the total 263, 19 were level one […]
India-US trade: Officials react cautiously to Russia penalty threat
NEW DELHI: As President Trump threatened to impose a penalty on India for its trade ties with Russia, Indian officials reacted cautiously as they reiterated India’s position that securing energy needs of the Indian people is the overriding priority.A source, speaking on condition of anonymity, said India is buying oil not because it wants to […]
India-US trade: Experts warn of GDP hit due to Donald Trump tariffs; pharma, auto sectors may take a hit
File photo: US President Donald Trump (Picture credit: PTI) India’s economy could take a hit from the United States’ decision to impose a 25 per cent tariff on all Indian goods starting August 1, alongside an unspecified penalty for its purchases of Russian oil and military equipment. As per news agency PTI, trade and policy […]
ITR-U now online via ITR-1 & ITR-2: E-filing enabled for AY22 & AY23- what you need to know for filing updated income tax returns
The Income Tax Department has enabled utilities for filing updated income tax returns (ITR-U) through ITR-1 and ITR-2 forms for assessment years (AY) 2021-22 and 2022-23, in accordance with Finance Act, 2025.The Union Budget 2025 has extended the timeline to 48 months from the assessment year’s end for filing updated returns under Section 139 (8A) […]