Talking of PSU dividends, there is a feeling in some quarters that perhaps PSUs are being forced to pay high dividends, because of which they are not able to invest in raising their capacities as much as they should.

The idea is that if such an infrastructure exists in the country, start-ups could plug into it for developing AI systems.

Tax experts explained that the amended Customs Act now enables the acceptance of “proof” of origin (if India decided so in an agreement) which is a wider term that includes a certificate of origin as well as a self-declaration in line with global Customs norms.

In the Union Budget 2024-25, Sitharaman announced an increase in the long-term capital gains (LTCG) on all financial and non-financial assets to 12.5 per cent, from 10 per cent.

The subsidy bill peaked at Rs 758,165 crore (3.8 per cent of GDP) in 2020-21, which is expected to fall to Rs 428,423 crore (1.3 per cent) in the current year. The lower spend is on account of two factors.

Union Budget speech for 2024-25 is silent on why private sector investments haven’t quite commenced despite the corporate tax breaks in 2019.

The govt has cut the fiscal deficit target to 4.9% of the GDP for FY25 from 5.1% in interim Budget.

Inverted duty structure is a phenomenon triggered by a difference in tax rates applied on the production of a good, which uses imported materials as inputs. Inverted duties refer to a situation where the import duties on inputs is higher than the tax levied on the final output.

The Survey quotes the IMF paper on possible higher taxation of corporates for redistribution of wealth given the disruptions coming from generative artificial intelligence.

'Heavy lifting on domestic front needed for recovery to be sustain, external shocks a looming risk factor': Economic Survey 2023-24

Epsilon has a manufacturing facility in Bellary, Karnataka, which aims to produce 100,000 tonnes per annum by 2030.

According to top Airbus Helicopters officials, the India FAL’s capacity could be ramped up contingent upon growth in demand in India and the broader south Asian region over the coming years.

The industry's demand will be sustained by robust growth in the health segment as well as in the motor segment.

Patents approved for non-resident Indians and entities stood at 74.46 per cent in 2022, which is among the highest in any major economy globally.

Futures and options are derivative contracts that derive their value from underlying assets that include stocks, commodities, currencies etc.

Rubens Marques, Head of South and Southeast Asia at LDC, shares his insights on the rapidly evolving landscape of agricultural trade.

“The Mahindra ‘Thar ROXX’ will further strengthen the already strong Thar brand, empowering customers to ‘explore the impossible’ with luxury and be a part of the Thar lifestyle,” the company said on Saturday.

Net interest income (NII), which is interest earned less interest expended, grew by 26.4 per cent to Rs 29,840 crore in Q1 FY2025, as against Rs 23,600 crore in the same quarter of last fiscal.

The Governor, however, said that the RBI was open to receiving new applications for setting up universal banks.

Total income of RIL rose by 11.90 per cent to Rs 240,200 crore during June 2024 quarter from Rs 214,644 crore a year ago.

Overall, exchanges and clearing corporations have not witnessed any significant impact to the trading and clearing activities in the Indian securities market, the statement said.

Prior to the merger with HDFC Ltd, the bank’s CD ratio was around 85 per cent. Post the merger, the CD ratio stood at 105 per cent (as on March 31, 2024).

In a report released on Thursday, the government’s apex think tank also identified fiscal support to design-focussed companies alongside easing the process for technology transfer as key to boosting domestic electronics manufacturers' role in global value chains (GVCs).

The EPFO has listed 23 languages in the tender: Hindi, English, Assamese, Bengali, Bodo, Dogri, Gujarati, Kannada, Kashmiri, Konkani, Maithili, Malayalam, Manipuri, Marathi, Nepali, Odia, Punjabi, Sanskrit, Santhali, Sindhi, Tamil, Telugu and Urdu.