BENGALURU: Vyome Holdings, created through the merger of biotech startup Vyome Therapeutics and Nasdaq-listed ReShape Lifesciences, began trading on Friday under the ticker ‘Hind’, with Vyome shareholders holding a controlling 91.6% stake in the combined company. The debut coincided with India’s 79th Independence Day. Source link
Trump and Putin met in Alaska US President Donald Trump said he may consider imposing tariffs on countries purchasing Russian oil “in two or three weeks,” though not immediately, following his meeting with Russian President Vladimir Putin in Alaska.“Well, because of what happened today, I think I don’t have to think about that,” Trump told…
Infosys is enabling clients to reduce manpower requirements by between 5% and 35% through the use of its hybrid artificial intelligence framework, known as poly-AI, according to a senior company official. Speaking to ET, Balakrishna DR, executive vice-president and global services head for AI and industry verticals, said the savings depend on the process, industry,…
India’s purchases of Russian crude oil have risen to 2 million barrels per day (bpd) in August, up from 1.6 million bpd in July, according to data from global analytics provider Kpler. The increase, which came at the expense of imports from Iraq and Saudi Arabia, means Russia supplied 38 per cent of India’s estimated…
PM Modi urges self-reliance in critical minerals & fertilisers India is pushing ahead with plans to achieve self-sufficiency in critical minerals, with exploration already underway at over 1,200 sites, Prime Minister Narendra Modi said during his Independence Day address. Speaking from the Red Fort on the nation’s 79th Independence Day, he noted that the global…
The government is set to expand the proposed Maritime Development Fund (MDF) to Rs 70,000 crore, 2.8 times the allocation announced in the February Budget, to accelerate growth in shipbuilding, ship repair, port-linked infrastructure and shipping tonnage, ET reported, citing multiple sources. The Expenditure Finance Committee (EFC), led by the finance ministry’s expenditure secretary, has…
Prime Minister Narendra Modi’s announcement of GST 2.0, with rate cuts to be rolled out by Diwali, is a timely and strategic step to strengthen the Indian economy, according to tax experts.From the Red Fort on Independence Day, Modi said GST rates will be lowered on everyday-use goods as part of reforms to the eight-year-old…
AI image India is facing a difficult strategic choice after the US imposed a steep 50% country-specific tariff on most Indian goods, on top of existing duties, according to the Global Trade Research Initiative (GTRI).Founder Ajay Srivastava was quoted by news agency PTI as saying that the options range from negotiating or retaliating to diversifying…
The Income Tax Department has released the Excel utility for Income Tax Return (ITR) Form 6 for the assessment year 2025-26, enabling eligible companies to file their returns for the financial year 2024-25.“Kind Attention Taxpayers! Excel Utility of ITR-6 for AY 2025-26 is now live and available for filing.” tax department posted on X. ITR-6…
Presently, the GST system has four tax tiers of 5, 12, 18, and 28 percent. (AI image) New GST tax rates soon! Come this Diwali, you will have to pay much lower indirect taxes on several items of daily use, thanks to next-generation Goods and Services Tax (GST) reforms set to be unveiled by the…
