Category: Business

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 […]

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) […]

Some relief for Nayara! Microsoft restores IT services to Russia-backed Indian oil refinery; US company abruptly halted operations after EU sanctions

Nayara’s lawyer told a New Delhi court today that the services have been restored by Microsoft. EU sanctions on Russia: Global IT giant Microsoft has restored IT services to Russia-backed Indian oil refinery Nayara Energy, according to a Reuters report. The move comes after Nayara had sued Microsoft for abrupt suspension of services following European […]

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