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US-India trade talks resume today on September 16, 2025, in New Delhi. It will be led by Rajesh Agarwal for India and Brendan Lynch for the US. The talks are targeting a November deal. India and the US had already had five rounds of talks with the US. The US is mounting pressure on India, and warned India could lose market share if it does not buy US Corn. Earlier, Trump aide Peter Navarro harshly criticised Indian trade practices, including the purchase of Russian oil and high tariff barriers for the Indian market.&nbsp;&nbsp;Also Read:<a href="https://www.wionews.com/world/indian-origin-amit-kshatriya-nasa-associate-administrator-1757061744580"> Indian origin engineer Amit Kshatriya named NASA's top civil service official, to lead Moon-to-Mars mission</a><h2>Who is Rajesh Agarwal?</h2>Rajesh Agarwal is an Indian Administrative Service officer, 1994 batch of Manipur Cadre. He is serving as the special secretary in the Department of Commerce, will take over as the next Commerce Secretary after the retirement of Sunil Barthwal on September 30.&nbsp;"The officer will take over as Secretary, Department of Commerce... vice Shri Sunil Barthwal, IAS (BH:89) upon his superannuation on September 30, 2025," read a government order.Rajesh Agarwal completed his Bachelor's Degree in Statistics and Master's Degree in Operational Research from Delhi University. He also has an Executive Post-Graduation Diploma in International Business (EPGDIB) from the Indian Institute of Foreign Trade (IIFT).&nbsp;Also Read: <a href="https://www.wionews.com/india-news/india-bans-austrian-economist-gunther-fehlinger-jahn-dismantle-india-post-1757065314880">India blocks Austrian economist Gunther Fehlinger-Jahn’s X account after controversial ‘Dismantle India’ post</a>&nbsp;Apart from the bilateral trade talks with the US, Agarwal is also the Chief Negotiator in the review of the free trade agreement in goods with the 10-nation ASEAN (Association of Southeast Asian Nations) bloc, negotiations for a comprehensive trade pact with Australia and Peru, and the Indo-Pacific Economic Framework (IPEF).&nbsp;According to his LinkedIn profile, he worked with the Government of Manipur as Principal Secretary in the Ministry of Power and the Ministry of Home Affairs. He was also the Chief Electoral Officer in Manipur and the Executive Director at the ITPO. He also served as the Joint Secretary of the Ministry of Skill Development and Entrepreneurship.&nbsp;&nbsp;Also Read: <a href="https://www.wionews.com/photos/top-10-democratic-countries-1757767704863">Top 10 most democratic countries in the world leading in freedom and governance</a>

Rajesh Agrawal, Indian Administrative Service officer, 1994 Manipur batch, Special Secretary in the Department of Commerce, will lead the last round of bilateral trade talks with the US. Know about his education, career and other diplomatic responsibilities. 

US-India trade talks resume today on September 16, 2025, in New Delhi. It will be led by Rajesh Agarwal for India and Brendan Lynch for the US. The talks are targeting a November deal. India and the US had already had five rounds of talks with the US. The US is mounting pressure on India, and warned India could lose market share if it does not buy US Corn. Earlier, Trump aide Peter Navarro harshly criticised Indian trade practices, including the purchase of Russian oil and high tariff barriers for the Indian market. Also Read: Indian origin engineer Amit Kshatriya named NASA's top civil service official, to lead Moon-to-Mars mission Who is Rajesh Agarwal? Rajesh Agarwal is an Indian Administrative Service officer, 1994 batch of Manipur Cadre. He is serving as the special secretary in the Department of Commerce, will take over as the next Commerce Secretary after the retirement of Sunil Barthwal on September 30. "The officer will take over as Secretary, Department of Commerce... vice Shri Sunil Barthwal, IAS (BH:89) upon his superannuation on September 30, 2025," read a government order. Rajesh Agarwal completed his Bachelor's Degree in Statistics and Master's Degree in Operational Research from Delhi University. He also has an Executive Post-Graduation Diploma in International Business (EPGDIB) from the Indian Institute of Foreign Trade (IIFT). Also Read: India blocks Austrian economist Gunther Fehlinger-Jahn’s X account after controversial ‘Dismantle India’ post Apart from the bilateral trade talks with the US, Agarwal is also the Chief Negotiator in the review of the free trade agreement in goods with the 10-nation ASEAN (Association of Southeast Asian Nations) bloc, negotiations for a comprehensive trade pact with Australia and Peru, and the Indo-Pacific Economic Framework (IPEF). According to his LinkedIn profile, he worked with the Government of Manipur as Principal Secretary in the Ministry of Power and the Ministry of Home Affairs. He was also the Chief Electoral Officer in Manipur and the Executive Director at the ITPO. He also served as the Joint Secretary of the Ministry of Skill Development and Entrepreneurship. Also Read: Top 10 most democratic countries in the world leading in freedom and governance

Rajesh Agrawal, Indian Administrative Service officer, 1994 Manipur batch, Special Secretary in the Department of Commerce, will lead the last round of bilateral trade talks with the US. Know about his education, career and other diplomatic responsibilities.&nbsp;

Rajesh Agrawal: Meet India's chief trade negotiator leading talks with US

The Income Tax Department has extended the last date for filing Income Tax Returns. The Central Board of Direct Taxes extended the deadline from September 15, 2025, to September 16. The decision was taken after several taxpayers complained about glitches in the Income Tax e-Filing Portal. The original last date for ITR 2025 was July 31. The date was extended from July 31 to September 15. The department extended the deadline further&nbsp;despite warning taxpayers that it would not be moved further away.<h2>What the Income Tax Department said</h2>"The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025. The Central Board of Direct Taxes has decided to further extend the due date for filing these ITRs for AY 2025-26 from 15th September, 2025, to 16th September, 2025. To enable changes in the utilities, the e-filing portal will remain in maintenance mode from 12:00 AM &nbsp;to 02:30 AM on 16th September 2025," the department said on X.&nbsp;The Income Tax Department further said that 7.3 crore Income Tax returns had been filed by taxpayers by September 15.&nbsp;"We extend our gratitude to taxpayers and tax professionals for helping us reach this milestone, and urge all those who haven't filed ITR for AY 2025-26 to file their ITR. To assist taxpayers for ITR filing, tax payment, and other related services, our helpdesk is functioning on a 24x7 basis, and we are providing support through calls, live chats, WebEx sessions &amp; Twitter/X," it added.&nbsp;The Income Tax Department had also sent guidelines on how to offset technical problems while accessing the Income Tax portal. "Delete temporary files;&nbsp; Clear browser cache &amp; cookies; use a different/supported browser; open in Incognito/private mode; disable browser extensions; update your browser and try a different network," it said.<h2>What if you don't file your ITR before the extended deadline?</h2>If a taxpayer's income is less than Rs 5 lakh, she would be liable to pay a late fee of Rs 1000. If the income is over Rs 5 lakh, she would be required to pay Rs 5000 as a penalty.

The Income Tax Department has extended the last date for filing Income Tax Returns. The Central Board of Direct Taxes extended the deadline from September 15, 2025, to September 16.

The Income Tax Department has extended the last date for filing Income Tax Returns. The Central Board of Direct Taxes extended the deadline from September 15, 2025, to September 16. The decision was taken after several taxpayers complained about glitches in the Income Tax e-Filing Portal. The original last date for ITR 2025 was July 31. The date was extended from July 31 to September 15. The department extended the deadline further despite warning taxpayers that it would not be moved further away. What the Income Tax Department said "The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025. The Central Board of Direct Taxes has decided to further extend the due date for filing these ITRs for AY 2025-26 from 15th September, 2025, to 16th September, 2025. To enable changes in the utilities, the e-filing portal will remain in maintenance mode from 12:00 AM to 02:30 AM on 16th September 2025," the department said on X. The Income Tax Department further said that 7.3 crore Income Tax returns had been filed by taxpayers by September 15. "We extend our gratitude to taxpayers and tax professionals for helping us reach this milestone, and urge all those who haven't filed ITR for AY 2025-26 to file their ITR. To assist taxpayers for ITR filing, tax payment, and other related services, our helpdesk is functioning on a 24x7 basis, and we are providing support through calls, live chats, WebEx sessions & Twitter/X," it added. The Income Tax Department had also sent guidelines on how to offset technical problems while accessing the Income Tax portal. "Delete temporary files; Clear browser cache & cookies; use a different/supported browser; open in Incognito/private mode; disable browser extensions; update your browser and try a different network," it said. What if you don't file your ITR before the extended deadline? If a taxpayer's income is less than Rs 5 lakh, she would be liable to pay a late fee of Rs 1000. If the income is over Rs 5 lakh, she would be required to pay Rs 5000 as a penalty.

Income Tax Due Date Extended: The income tax department extended the deadline just minutes before the September 15 deadline was to end. The Income Tax Department further said that 7.3 crore Income Tax returns had been filed. Here are key updates on Income Tax Returns.

ITR Due Date Extended: Know new Income Tax Return deadline, late fee and key update

In a big win for US President Donald Trump, who seeks a Fed rate cut and has been trying to edge out Federal Reserve Governor Lisa Cook, the US Senate on Monday cleared his choice candidate for a major role at the Federal Reserve.&nbsp;The decision came just after a US federal appeals court ruled Monday night that Federal Governor Lisa Cook can remain in her position. Donald Trump wants to fire her as she is not heeding his administration's open demand to lower the Federal rates, which dictate the rates of loans granted to the masses for consumer spending, including buying houses and cars. Both the real estate and auto sectors are crucial for any country's economy.&nbsp;On Tuesday, the American central bank's Federal Open Market Committee (FOMC), which sets policy rates, will start a two-day huddle. All eyes will be on the outcomes of this gathering amid concern over political pressure faced by the independent central bank.&nbsp;Stephen Miran, who chairs the White House Council of Economic Advisers (CEA), was included in the Fed's board of governors and FOMC. The Republican-majority Senate voted 48-47 to confirm Stephen Miran's appointment.<h2>Why is his inclusion important?</h2>The FOMC, which steers the world's largest economy, has 12 voting members. Seven of these members are of the Federal Reserve's board of governors. This means that Donald Trump will have a say in what the FOMC decides on Federal rates.&nbsp;Lisa Cook will also participate in the gathering to decide the direction the US economy will take.&nbsp;The Donald Trump administration could take legal recourse, moving to the Supreme Court for intervention.&nbsp;Miran's sudden confirmation and Lisa Cook's lawsuit come amid Trump's pressure on the bank to slash interest rates. Trump claims that the decision should be taken because the country's inflation rates have remained low. However, experts worry that Trump's interference&nbsp;could threaten the separation between the independent central bank and electoral politics.&nbsp;Miran holds a PhD in economics from Harvard University and served as a senior advisor in the Treasury Department during Donald Trump's first presidency.

In a big win for US President Donald Trump, who seeks a Fed rate cut and has been trying to edge out Federal Reserve Governor Lisa Cook, the US Senate on Monday cleared his choice candidate for a major role at the Federal Reserve.

In a big win for US President Donald Trump, who seeks a Fed rate cut and has been trying to edge out Federal Reserve Governor Lisa Cook, the US Senate on Monday cleared his choice candidate for a major role at the Federal Reserve. The decision came just after a US federal appeals court ruled Monday night that Federal Governor Lisa Cook can remain in her position. Donald Trump wants to fire her as she is not heeding his administration's open demand to lower the Federal rates, which dictate the rates of loans granted to the masses for consumer spending, including buying houses and cars. Both the real estate and auto sectors are crucial for any country's economy. On Tuesday, the American central bank's Federal Open Market Committee (FOMC), which sets policy rates, will start a two-day huddle. All eyes will be on the outcomes of this gathering amid concern over political pressure faced by the independent central bank. Stephen Miran, who chairs the White House Council of Economic Advisers (CEA), was included in the Fed's board of governors and FOMC. The Republican-majority Senate voted 48-47 to confirm Stephen Miran's appointment. Why is his inclusion important? The FOMC, which steers the world's largest economy, has 12 voting members. Seven of these members are of the Federal Reserve's board of governors. This means that Donald Trump will have a say in what the FOMC decides on Federal rates. Lisa Cook will also participate in the gathering to decide the direction the US economy will take. The Donald Trump administration could take legal recourse, moving to the Supreme Court for intervention. Miran's sudden confirmation and Lisa Cook's lawsuit come amid Trump's pressure on the bank to slash interest rates. Trump claims that the decision should be taken because the country's inflation rates have remained low. However, experts worry that Trump's interference could threaten the separation between the independent central bank and electoral politics. Miran holds a PhD in economics from Harvard University and served as a senior advisor in the Treasury Department during Donald Trump's first presidency.

Stephen Miran has been voted in the US Federal Reserve's board. His appointment comes close on the heels of a crucial gathering that would decide whether US Federal Rates would be cut or not. Miran holds a PhD in economics from Harvard University.

Trump's pick enters Federal board: Is he edging out rivals, accommodating loyalists for Fed Rate cut?

The Income Tax Department on Tuesday extended the deadline for filing income tax returns by a day, from September 15 to September 16. The decision was announced hours after taxpayers complained on social media that they had not been able to file their returns because of technical glitches&nbsp;on the income tax portal. The department, meanwhile, has shared a list of technical measures that users can take if they encounter lag while filing their income tax returns.&nbsp;The Income Tax Department stated in a spot on X that difficulties in accessing the Income Tax e-Filing Portal sometimes arise due to computer or browser settings.<h2>Here is the list of steps the Income Tax Department shared:&nbsp;</h2>1. Delete temporary files → Press Win + R → type temp and %temp% → delete all files.2. Clear browser cache &amp; cookies → Go to Browser Settings → Clear browsing data (cache + cookies)3. Use a different/supported browser → Latest version of Chrome or Edge.4. Open in Incognito/Private Mode → Shortcut: Ctrl+Shift+N &nbsp;OR &nbsp;Ctrl+Shift+P (Firefox)5. Disable browser extensions → Especially ad-blockers or privacy tools.6. Update your browser → Ensure you are on the latest version.7. Try a different network → Switch to another Wi-Fi or mobile hotspot.8. Following these checks usually resolves most local access-related difficulties. For further support, please connect with us through our official helpdesk/contact channels.&nbsp;The Income Tax Department further stated that if difficulties persist despite taking these measures, taxpayers can contact the department.&nbsp;The deadline for the Income Tax Return filing was moved from July 31 to September 15. Recently, the department said it would not move further. However, it was extended yesterday.&nbsp;"The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025. The Central Board of Direct Taxes has decided to further extend the due date for filing these ITRS for AY 2025-26 from 15th September, 2025, to 16th September, 2025," the Income Tax department's handle posted on X at 11.48 pm.&nbsp;The Income Tax Department said that 7.3 crore people had already filed their Income Tax returns till Monday, which surpassed the previous year's record.

Income Tax Returns 2025: The Income Tax Department has extended the deadline for filing Income Tax returns. The department has also issued a step-by-step guide to remedy technical problems afflicting the Income Tax e-Filing portal.

The Income Tax Department on Tuesday extended the deadline for filing income tax returns by a day, from September 15 to September 16. The decision was announced hours after taxpayers complained on social media that they had not been able to file their returns because of technical glitches on the income tax portal. The department, meanwhile, has shared a list of technical measures that users can take if they encounter lag while filing their income tax returns. The Income Tax Department stated in a spot on X that difficulties in accessing the Income Tax e-Filing Portal sometimes arise due to computer or browser settings. Here is the list of steps the Income Tax Department shared: 1. Delete temporary files → Press Win + R → type temp and %temp% → delete all files. 2. Clear browser cache & cookies → Go to Browser Settings → Clear browsing data (cache + cookies) 3. Use a different/supported browser → Latest version of Chrome or Edge. 4. Open in Incognito/Private Mode → Shortcut: Ctrl+Shift+N OR Ctrl+Shift+P (Firefox) 5. Disable browser extensions → Especially ad-blockers or privacy tools. 6. Update your browser → Ensure you are on the latest version. 7. Try a different network → Switch to another Wi-Fi or mobile hotspot. 8. Following these checks usually resolves most local access-related difficulties. For further support, please connect with us through our official helpdesk/contact channels. The Income Tax Department further stated that if difficulties persist despite taking these measures, taxpayers can contact the department. The deadline for the Income Tax Return filing was moved from July 31 to September 15. Recently, the department said it would not move further. However, it was extended yesterday. "The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025. The Central Board of Direct Taxes has decided to further extend the due date for filing these ITRS for AY 2025-26 from 15th September, 2025, to 16th September, 2025," the Income Tax department's handle posted on X at 11.48 pm. The Income Tax Department said that 7.3 crore people had already filed their Income Tax returns till Monday, which surpassed the previous year's record.

Income Tax Returns 2025: The Income Tax Department has extended the deadline for filing Income Tax returns. The department has also issued a step-by-step guide to remedy technical problems afflicting the Income Tax e-Filing portal.

Income Tax Returns 2025: What taxpayers can do to improve the e-filing portal's experience? Step-by-step guide

US President Donald Trump's trade secretary, Peter Navarro on Monday (Sep 15) once again took a dig at India over its purchase of discounted Russian oil. During an interview, Navarro announced that New Delhi was "coming to the table" while commenting that India has very high tariffs. He also alleged that the nation was "making money" off the US via its "unfair trade" and claimed that New Delhi used this money to fund Russia's war in Ukraine. This comes as Indian and American teams meet in New Delhi on Tuesday (Sep 16) for trade talks after weeks of tensions.Also read | <a href="https://www.wionews.com/india-news/from-kremlin-laundromat-to-friend-trump-s-u-turn-brings-india-us-back-to-negotiating-table-trade-talks-in-delhi-today-1757990317044">From 'Kremlin laundromat' to 'friend': Trump's U-turn brings India, US back to negotiating table; trade talks in Delhi today</a><h2>What did Navarro say?</h2>During an interview with CNBC International on Monday, Navarro remarked, "India is coming to the table…On the trade side, they have very high tariffs. They have very high non-tariff barriers. We had to deal with that, like we are dealing with every other country that does that."He added that there was also the issue of "India buying Russian Oil" before claiming that the country "never did (purchased Russian oil" before 2022. "They make money off us via unfair trade, and many workers get screwed," said the Trump aide, adding, "They use that money to buy Russian oil, and Russians use that to buy weapons."Also read | <a href="https://www.wionews.com/world/-we-are-hunting-you-trump-shares-shocking-video-of-fresh-strike-on-venezuelan-boat-reveals-3-narcoterrorists-killed-watch-1757992478375">'We are hunting you': Trump shares shocking video of fresh strike on Venezuelan boat; reveals 3 ‘narcoterrorists’ killed. Watch!</a><h2>A thaw in US-India icy relations</h2>India and the United States on Tuesday will return to the negotiating table and hold trade talks. According to reports, the impending talks represent a significant reversal in bilateral ties after weeks of tensions between the two allies in the aftermath of the punitive 50 per cent tariffs imposed by US President Donald Trump on India for buying Russian oil. In a statement on Monday (Sep 15), Indian special secretary, commerce Rajesh Agarwal, India's chief negotiator for the bilateral trade talks, said that US chief negotiator Brendan Lynch "is in India tonight".Indian Commerce Secretary Sunil Barthwal also confirmed that the US team would meet the Indian team on Tuesday. He said that the two sides remain in a "positive frame of mind" on trade relations.The Tuesday talks are vital to India-US ties and may pave the way for the sixth round of the trade talks between the nations. The sixth round of talks was originally supposed to happen on August 25 in New Delhi, but was postponed after Trump, on August 7, imposed 50 per cent tariffs on India — 25 per cent reciprocal tariffs and 25 per cent punitive tariffs for the purchase of discounted US oil.&nbsp;

Amid a thaw in diplomatic relations, US President Donald Trump's trade secretary, Peter Navarro, has once again taken a dig at India, accusing the country of "unfair trade" and of using profits from its trade with the US to fund Russian oil purchases.

US President Donald Trump's trade secretary, Peter Navarro on Monday (Sep 15) once again took a dig at India over its purchase of discounted Russian oil. During an interview, Navarro announced that New Delhi was "coming to the table" while commenting that India has very high tariffs. He also alleged that the nation was "making money" off the US via its "unfair trade" and claimed that New Delhi used this money to fund Russia's war in Ukraine. This comes as Indian and American teams meet in New Delhi on Tuesday (Sep 16) for trade talks after weeks of tensions. Also read | From 'Kremlin laundromat' to 'friend': Trump's U-turn brings India, US back to negotiating table; trade talks in Delhi today What did Navarro say? During an interview with CNBC International on Monday, Navarro remarked, "India is coming to the table…On the trade side, they have very high tariffs. They have very high non-tariff barriers. We had to deal with that, like we are dealing with every other country that does that." He added that there was also the issue of "India buying Russian Oil" before claiming that the country "never did (purchased Russian oil" before 2022. "They make money off us via unfair trade, and many workers get screwed," said the Trump aide, adding, "They use that money to buy Russian oil, and Russians use that to buy weapons." Also read | 'We are hunting you': Trump shares shocking video of fresh strike on Venezuelan boat; reveals 3 ‘narcoterrorists’ killed. Watch! A thaw in US-India icy relations India and the United States on Tuesday will return to the negotiating table and hold trade talks. According to reports, the impending talks represent a significant reversal in bilateral ties after weeks of tensions between the two allies in the aftermath of the punitive 50 per cent tariffs imposed by US President Donald Trump on India for buying Russian oil. In a statement on Monday (Sep 15), Indian special secretary, commerce Rajesh Agarwal, India's chief negotiator for the bilateral trade talks, said that US chief negotiator Brendan Lynch "is in India tonight". Indian Commerce Secretary Sunil Barthwal also confirmed that the US team would meet the Indian team on Tuesday. He said that the two sides remain in a "positive frame of mind" on trade relations. The Tuesday talks are vital to India-US ties and may pave the way for the sixth round of the trade talks between the nations. The sixth round of talks was originally supposed to happen on August 25 in New Delhi, but was postponed after Trump, on August 7, imposed 50 per cent tariffs on India — 25 per cent reciprocal tariffs and 25 per cent punitive tariffs for the purchase of discounted US oil.

Amid a thaw in diplomatic relations, US President Donald Trump's trade secretary, Peter Navarro, has once again taken a dig at India, accusing the country of "unfair trade" and of using profits from its trade surplus with the US to fund Russian oil purchases.

Trump’s trade czar Peter Navarro lashes out at India again ahead of trade talks: 'Unfair trade, funding Putin’s war'

India and the United States on Tuesday (Sep 16) will return to the negotiating table and hold trade talks, revealed commerce ministry officials. According to reports, the impending talks represent a significant reversal in bilateral ties after weeks of tensions between the two allies in the aftermath of the punitive 50 per cent tariffs imposed by US President Donald Trump on India for buying Russian oil. In a statement on Monday (Sep 15), special secretary, commerce Rajesh Agarwal, India's chief negotiator for the bilateral trade talks, said that US chief negotiator Brendan Lynch "is in India tonight".Also read | <a href="https://www.wionews.com/world/trump-move-to-fire-fed-governor-lisa-cook-fails-court-lets-her-stay-for-rate-decision-1757984861281">Trump move to fire Fed governor Lisa Cook fails — court lets her stay for rate decision</a><h2>A 'positive frame of mind'</h2>Indian Commerce Secretary Sunil Barthwal confirmed that the US team would meet the Indian team on Tuesday. He said that the two sides remain in a "positive frame of mind" on trade relations.The Tuesday talks are vital to India-US ties and may pave the way for the sixth round of the trade talks between the nations. The sixth round of talks was originally supposed to happen on August 25 in New Delhi, but was postponed after Trump, on August 7, imposed 50 per cent tariffs on India — 25 per cent reciprocal tariffs and 25 per cent punitive tariffs for the purchase of discounted US oil.These would be the first formal face-to-face talks between the Indian and American negotiating teams. Previously, the fifth round of the talks was held from July 14 to 18 in Washington. &nbsp;Also read | <a href="https://www.wionews.com/world/trump-aide-navarro-labels-india-and-brics-vampires-claims-they-re-sucking-us-blood-dry-in-latest-bizarre-tirade-1757378876520">Trump aide Navarro labels India and BRICS 'vampires' claims they're 'sucking US blood dry' in latest bizarre tirade</a><h2>India-US ties on the mend?</h2>Agarwal and Barthwal described the upcoming trade talks as a "continuation of talks" between India and the US, insisting that the two sides had been "continuously and constructively" engaged in virtual talks. This comes, as earlier this month, US President Donald Trump, after weeks of criticising India, called Indian PM Narendra Modi a "great Prime Minister," and a friend. The sentiment was echoed by Modi, and signalled a thaw in the icy relations.This was in stark contrast to Washington's earlier statement, where the Trump administration referred to India as an "oil money laundromat for the Kremlin" and accused New Delhi of financing the war in Ukraine. &nbsp;

India and the United States will today resume trade talks, marking a significant reversal after weeks of tension caused by the Trump administration's imposition of a 50% tariff on Indian goods.

India and the United States on Tuesday (Sep 16) will return to the negotiating table and hold trade talks, revealed commerce ministry officials. According to reports, the impending talks represent a significant reversal in bilateral ties after weeks of tensions between the two allies in the aftermath of the punitive 50 per cent tariffs imposed by US President Donald Trump on India for buying Russian oil. In a statement on Monday (Sep 15), special secretary, commerce Rajesh Agarwal, India's chief negotiator for the bilateral trade talks, said that US chief negotiator Brendan Lynch "is in India tonight". Also read | Trump move to fire Fed governor Lisa Cook fails — court lets her stay for rate decision A 'positive frame of mind' Indian Commerce Secretary Sunil Barthwal confirmed that the US team would meet the Indian team on Tuesday. He said that the two sides remain in a "positive frame of mind" on trade relations. The Tuesday talks are vital to India-US ties and may pave the way for the sixth round of the trade talks between the nations. The sixth round of talks was originally supposed to happen on August 25 in New Delhi, but was postponed after Trump, on August 7, imposed 50 per cent tariffs on India — 25 per cent reciprocal tariffs and 25 per cent punitive tariffs for the purchase of discounted US oil. These would be the first formal face-to-face talks between the Indian and American negotiating teams. Previously, the fifth round of the talks was held from July 14 to 18 in Washington. Also read | Trump aide Navarro labels India and BRICS 'vampires' claims they're 'sucking US blood dry' in latest bizarre tirade India-US ties on the mend? Agarwal and Barthwal described the upcoming trade talks as a "continuation of talks" between India and the US, insisting that the two sides had been "continuously and constructively" engaged in virtual talks. This comes, as earlier this month, US President Donald Trump, after weeks of criticising India, called Indian PM Narendra Modi a "great Prime Minister," and a friend. The sentiment was echoed by Modi, and signalled a thaw in the icy relations. This was in stark contrast to Washington's earlier statement, where the Trump administration referred to India as an "oil money laundromat for the Kremlin" and accused New Delhi of financing the war in Ukraine.

India and the United States will today resume trade talks, marking a significant reversal after weeks of tension caused by the Trump administration's imposition of a 50% tariff on Indian goods.

From 'Kremlin laundromat' to 'friend': Trump's U-turn brings India, US back to negotiating table; trade talks in Delhi today

A federal appeals court on Monday (Sep 15) ruled that US central bank governor Lisa Cook could remain in her post, despite President Donald Trump’s attempt to fire her over mortgage fraud allegations. The decision by the US Court of Appeals for the District of Columbia Circuit means Cook will take part in the Federal Reserve's two-day policy meeting starting Tuesday (Sep 16), where officials are set to decide on interest rates.&nbsp;<h2>Trump's aide to Fed confirmed bythe &nbsp;US Senate</h2>On the same day, the Senate narrowly confirmed Trump's nominee Stephen Miran to the Fed’s board of governors in a 48-47 vote. Miran, who chairs the White House Council of Economic Advisers, will join 11 other voting members on the Federal Open Market Committee, which sets rates for the world's largest economy.Also read | <a href="https://www.wionews.com/world/court-temporarily-blocks-trump-s-move-to-fire-lisa-cook-says-fed-governor-likely-to-win-lawsuit-against-potus-1757474676234">Court temporarily blocks Trump’s move to fire Lisa Cook, says Fed Governor 'likely to win' lawsuit against POTUS</a>Earlier, on 9 September 2025, the US Federal court had blocked Trump's attempt to fire Cook, saying that it was "substantially likely" that the federal governor would succeed in her attempt at a legal recourse.<h2>Why did Trump fire Cook?</h2>The action, as per reports, is based on allegations by a Trump loyalist that the Fed governor had obtained mortgages on two homes while allegedly claiming they were her primary homes. The allegations have not been proved.Trump, in a letter to Cook, stated that he has "determined that there is sufficient cause" in the allegations against her to fire her. “At a minimum, the conduct at issue exhibits the sort of gross negligence in financial transactions that calls into question your competence and trustworthiness as a financial regulator,” he added in his letter.Also read | <a href="https://www.wionews.com/world/charlie-kirk-murder-shakes-trump-white-house-lawmakers-seek-58m-security-boost-from-congress-1757908850354">Charlie Kirk murder shakes Trump White House, lawmakers seek $58M security boost from Congress</a>However, reports suggest that Cook's ignoring Trump's demands for lower interest rates could be behind the move. As per the Guardian, Cook's removal — a Joe Biden appointment — would allow Trump to bring in a replacement that would essentially give him more control of the federal policy.

A federal appeals court has ruled that Federal Reserve Governor Lisa Cook can temporarily remain in her position, blocking an attempt by President Donald Trump to fire her. 

A federal appeals court on Monday (Sep 15) ruled that US central bank governor Lisa Cook could remain in her post, despite President Donald Trump’s attempt to fire her over mortgage fraud allegations. The decision by the US Court of Appeals for the District of Columbia Circuit means Cook will take part in the Federal Reserve's two-day policy meeting starting Tuesday (Sep 16), where officials are set to decide on interest rates. Trump's aide to Fed confirmed bythe US Senate On the same day, the Senate narrowly confirmed Trump's nominee Stephen Miran to the Fed’s board of governors in a 48-47 vote. Miran, who chairs the White House Council of Economic Advisers, will join 11 other voting members on the Federal Open Market Committee, which sets rates for the world's largest economy. Also read | Court temporarily blocks Trump’s move to fire Lisa Cook, says Fed Governor 'likely to win' lawsuit against POTUS Earlier, on 9 September 2025, the US Federal court had blocked Trump's attempt to fire Cook, saying that it was "substantially likely" that the federal governor would succeed in her attempt at a legal recourse. Why did Trump fire Cook? The action, as per reports, is based on allegations by a Trump loyalist that the Fed governor had obtained mortgages on two homes while allegedly claiming they were her primary homes. The allegations have not been proved. Trump, in a letter to Cook, stated that he has "determined that there is sufficient cause" in the allegations against her to fire her. “At a minimum, the conduct at issue exhibits the sort of gross negligence in financial transactions that calls into question your competence and trustworthiness as a financial regulator,” he added in his letter. Also read | Charlie Kirk murder shakes Trump White House, lawmakers seek $58M security boost from Congress However, reports suggest that Cook's ignoring Trump's demands for lower interest rates could be behind the move. As per the Guardian, Cook's removal — a Joe Biden appointment — would allow Trump to bring in a replacement that would essentially give him more control of the federal policy.

A federal appeals court has ruled that Federal Reserve Governor Lisa Cook can temporarily remain in her position, blocking an attempt by President Donald Trump to fire her.

Trump move to fire Fed governor Lisa Cook fails — court lets her stay for rate decision

The Income Tax Department on Monday extended the deadline for filing income tax returns (ITRs) for Assessment Year (AY) 2025-26 by a day to Tuesday, September 16. The announcement was made late on Monday night. The move came after people complained of glitches in the Income Tax department portal.&nbsp;&nbsp;“The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025. The Central Board of Direct Taxes has decided to further extend the due date for filing these ITRS for AY 2025-26 from 15th September, 2025 to 16th September, 2025,” the Income Tax department's handle posted on X at 11.48 pm.&nbsp;

<blockquote class="twitter-tweet">KIND ATTENTION TAXPAYERS! The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025. The Central Board of Direct Taxes has decided to further extend the due date for filing these ITRs for AY… <a href="https://t.co/jrjgXZ5xUs">pic.twitter.com/jrjgXZ5xUs</a>&mdash; Income Tax India (@IncomeTaxIndia) <a href="https://twitter.com/IncomeTaxIndia/status/1967654152370295087?ref_src=twsrc%5Etfw">September 15, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

&nbsp;&nbsp;The e-filing portal, it said, would remain in maintenance mode from midnight to 2.30 am on Tuesday to enable changes in the utilities.In a new post on X minutes later, the department said that over 7.3 crore Income Tax returns had been filed till Monday, which was a new record.“A record 7.3 crore+ ITRs have been filed till 15th Sept 2025, surpassing last year’s 7.28 crore. We sincerely thank taxpayers &amp; professionals for their timely compliance. To facilitate further filings of ITRs, the due date has been extended by one day (16th September 2025),” the post said.&nbsp;On Monday evening, following complaints from tax filers, the department shared a guide on resolving browser issues. However, several people still complained that the glitches continued even after following the steps.&nbsp;Earlier on Sunday, the Income Tax Department had dismissed some reports claiming that the deadline for filing Income Tax Returns has been extended beyond September 15. Addressing the fake news being circulated on social media platforms, the Income Tax Department said that “The due date for filing ITRs remains 15.09.2025.”&nbsp;

While the deadline extension by a day gives taxpayers a small breather, the Income Tax Department has urged everyone to complete their filings well in time to avoid last-minute technical glitches or penalties.

The Income Tax Department on Monday extended the deadline for filing income tax returns (ITRs) for Assessment Year (AY) 2025-26 by a day to Tuesday, September 16. The announcement was made late on Monday night. The move came after people complained of glitches in the Income Tax department portal. “The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025. The Central Board of Direct Taxes has decided to further extend the due date for filing these ITRS for AY 2025-26 from 15th September, 2025 to 16th September, 2025,” the Income Tax department's handle posted on X at 11.48 pm.

While the deadline extension by a day gives taxpayers a small breather, the Income Tax Department has urged everyone to complete their filings well in time to avoid last-minute technical glitches or penalties.

Income Tax return filing deadline extended for a day, till Tuesday, September 16

Tesla CEO Elon Musk purchased over 2.5 million shares worth $1 billion, news agency AP cited data from the report of regulatory filing report. The filing indicates that the billionaire purchased the stock indirectly through a trust on September 12. After Musk bought the shares, its value on the stock market surged by 7.4% and the cost of each share rose back above $425 for the first time since January.&nbsp;Elon Musk purchased the Tesla shares after the company unveiled a proposed pay package for him earlier this month, as it could potentially make him the world’s first trillion-dollar executive. This could also make Musk, the world's richest person, surpass Larry Ellison, who recently surpassed him to become the richest person globally on Wednesday (September 10) after a jump in Oracle Corporation shares.<h3>Musk's share price is likely to be 12% of Tesla&nbsp;</h3>The reports further suggest that if the package is approved by shareholders at Tesla’s annual meeting on November 6, then the share price of Musk will be equivalent to as much as 12% of the company in 12 separate tranches and tied to strict performance goals, according to the Associated Press. The targets include sharp gains in vehicle production, operating profit, and Tesla’s overall market value. The compensation plan is structured entirely in stock rather than cash.&nbsp;In order to unlock the first tranche, about 1% of Tesla's shares, Musk would have to raise the company’s valuation to $2 trillion, nearly double its current market capitalisation, while achieving other milestones. Securing the full payout, which could make him the world’s first trillion-dollar executive, would require Tesla’s market value to soar to $8.5 trillion, making it more than twice the worth of Nvidia, currently the world’s most valuable company.&nbsp;Meanwhile, the Bloomberg report suggests that Ellison’s wealth soared $89 billion after Oracle reported quarterly results surpassing analysts’ expectations, with expectations of more growth, lifting after increasing his total net worth to $383.2 billion.

Elon Musk purchased the Tesla shares after the company unveiled a proposed pay package for him earlier this month, as it could potentially make him the world’s first trillion-dollar executive. 

Tesla CEO Elon Musk purchased over 2.5 million shares worth $1 billion, news agency AP cited data from the report of regulatory filing report. The filing indicates that the billionaire purchased the stock indirectly through a trust on September 12. After Musk bought the shares, its value on the stock market surged by 7.4% and the cost of each share rose back above $425 for the first time since January. Elon Musk purchased the Tesla shares after the company unveiled a proposed pay package for him earlier this month, as it could potentially make him the world’s first trillion-dollar executive. This could also make Musk, the world's richest person, surpass Larry Ellison, who recently surpassed him to become the richest person globally on Wednesday (September 10) after a jump in Oracle Corporation shares. Musk's share price is likely to be 12% of Tesla The reports further suggest that if the package is approved by shareholders at Tesla’s annual meeting on November 6, then the share price of Musk will be equivalent to as much as 12% of the company in 12 separate tranches and tied to strict performance goals, according to the Associated Press. The targets include sharp gains in vehicle production, operating profit, and Tesla’s overall market value. The compensation plan is structured entirely in stock rather than cash. In order to unlock the first tranche, about 1% of Tesla's shares, Musk would have to raise the company’s valuation to $2 trillion, nearly double its current market capitalisation, while achieving other milestones. Securing the full payout, which could make him the world’s first trillion-dollar executive, would require Tesla’s market value to soar to $8.5 trillion, making it more than twice the worth of Nvidia, currently the world’s most valuable company. Meanwhile, the Bloomberg report suggests that Ellison’s wealth soared $89 billion after Oracle reported quarterly results surpassing analysts’ expectations, with expectations of more growth, lifting after increasing his total net worth to $383.2 billion.

Elon Musk purchased the Tesla shares after the company unveiled a proposed pay package for him earlier this month, as it could potentially make him the world’s first trillion-dollar executive.&nbsp;

Is Elon Musk trying to reclaim world’s richest title after buying $1 billion worth of Tesla shares? — Details inside

Many taxpayers have reported facing glitches in filing their income tax returns (ITRs) using the Income Tax e-filing portal. The income tax department has responded to many of these users and told them how to remedy the issues. The deadline for the filing of income tax returns will end today. The e-filing website of the department is probably crashing because of the overload. The department had been warning taxpayers to avoid the last-minute rush.&nbsp;Taxpayers lamented on X that the website was loading slowly or showing errors while filing the e-returns.&nbsp;A user named Rahul Singh wrote that he had been trying to file his e-return since yesterday, but the website wasn't moving. "Tried the whole night also. It’s a pathetic situation for taxpayers of this country. Helpline numbers are not responding," he wrote on X.&nbsp;The Income Tax Department asked the user to write orm@cpc.incometax.gov.in with details like PAN and mobile number. It said that the department's team will help him.&nbsp;Another user claimed that the website had been moving more slowly than a snail.&nbsp;"Every click feels like I am applying for ISRO launch clearance. If you can’t make your website run at full speed on the most crucial day of the year, at least give an Extended Due Date!” he wrote on X.&nbsp;The Income Tax department asked the user to write an email to cmcpc_support@insight.gov.in with PAN and phone number. It said he can also contact the support team at 1800-103-4215.&nbsp;"Please try again after clearing the browser cache or using a different browser. If you still face any issue, please share your details (along with PAN, your mobile number, and a screenshot of the error) at orm@cpc.incometax.gov.in. Our team will contact you," it added.<h2>What can one do to remedy website problems?</h2><h3>Here's what the Income Tax department said:</h3>1. Microsoft Edge (version 88 or above), Google Chrome (88+), Mozilla Firefox (86+), or Opera (66+).&nbsp; 2. Use the latest version of Windows, like 7 or later, Linux, or Mac OS.&nbsp; 3. Clear your browser cookies and site data.&nbsp; 4. Use a high-speed, low-latency Ethernet wired connection if possible.

Many taxpayers have reported facing glitches in filing their income tax returns (ITRs) using the Income Tax e-filing portal. 

Many taxpayers have reported facing glitches in filing their income tax returns (ITRs) using the Income Tax e-filing portal. The income tax department has responded to many of these users and told them how to remedy the issues. The deadline for the filing of income tax returns will end today. The e-filing website of the department is probably crashing because of the overload. The department had been warning taxpayers to avoid the last-minute rush. Taxpayers lamented on X that the website was loading slowly or showing errors while filing the e-returns. A user named Rahul Singh wrote that he had been trying to file his e-return since yesterday, but the website wasn't moving. "Tried the whole night also. It’s a pathetic situation for taxpayers of this country. Helpline numbers are not responding," he wrote on X. The Income Tax Department asked the user to write orm@cpc.incometax.gov.in with details like PAN and mobile number. It said that the department's team will help him. Another user claimed that the website had been moving more slowly than a snail. "Every click feels like I am applying for ISRO launch clearance. If you can’t make your website run at full speed on the most crucial day of the year, at least give an Extended Due Date!” he wrote on X. The Income Tax department asked the user to write an email to cmcpc_support@insight.gov.in with PAN and phone number. It said he can also contact the support team at 1800-103-4215. "Please try again after clearing the browser cache or using a different browser. If you still face any issue, please share your details (along with PAN, your mobile number, and a screenshot of the error) at orm@cpc.incometax.gov.in. Our team will contact you," it added. What can one do to remedy website problems? Here's what the Income Tax department said: 1. Microsoft Edge (version 88 or above), Google Chrome (88+), Mozilla Firefox (86+), or Opera (66+). 2. Use the latest version of Windows, like 7 or later, Linux, or Mac OS. 3. Clear your browser cookies and site data. 4. Use a high-speed, low-latency Ethernet wired connection if possible.

Income tax portal not working: The Income Tax department has shared several solutions to the income tax portal issues. It has also told the users to take measures or contact the helpline for an early solution to their issues.

Income tax portal not working? Here's how to remedy the problem

The authorities are planning to widen the reach of the unified payments interface (UPI) by enabling cash withdrawals through smartphones. Individuals, non-profits, and grocers, who act as 'business correspondents' (BCs), may soon have QR codes that users can use through UPI apps to withdraw money.&nbsp;As of now, UPI-driven cash withdrawals can be done using ATMs. Merchants can also give cash as much as Rs 1000 per transaction in cities and Rs 2000 in villages. According to ET, authorities are planning to enable such facilities at around 2 million BCs across&nbsp;the nation.&nbsp;National Payments Corporation of India (NPCI) has reportedly sought the RBI's clearance for extending the UPI-based cash withdrawal at BCs, ET reported, citing sources.<h2>How would it work?</h2>According to the report, the UPI system will allow&nbsp;BC outlets to provide cash to the account holders. An equivalent&nbsp;amount&nbsp;of money will be deducted from the users' accounts. As of now, BCs can use ATM cards to withdraw money using micro-ATMs.&nbsp;In rural areas, an Aadhaar-enabled system is currently in use in which&nbsp;BCs scan account holders' fingerprints&nbsp;to take out cash from their bank accounts.&nbsp;This service can be used for those whose fingerprints are not easily readable and those who are not comfortable using ATM cards for security reasons. Many customers would prefer to use this system instead of ATMs.&nbsp;However, ATMs may still be useful as they are open the entire day and can store more cash.&nbsp;If approved, customers will be able to take out money up to Rs 10,000 from BC outlets.

The authorities are planning to widen the reach of the unified payments interface (UPI) by enabling cash withdrawals through smartphones.

The authorities are planning to widen the reach of the unified payments interface (UPI) by enabling cash withdrawals through smartphones. Individuals, non-profits, and grocers, who act as 'business correspondents' (BCs), may soon have QR codes that users can use through UPI apps to withdraw money. As of now, UPI-driven cash withdrawals can be done using ATMs. Merchants can also give cash as much as Rs 1000 per transaction in cities and Rs 2000 in villages. According to ET, authorities are planning to enable such facilities at around 2 million BCs across the nation. National Payments Corporation of India (NPCI) has reportedly sought the RBI's clearance for extending the UPI-based cash withdrawal at BCs, ET reported, citing sources. How would it work? According to the report, the UPI system will allow BC outlets to provide cash to the account holders. An equivalent amount of money will be deducted from the users' accounts. As of now, BCs can use ATM cards to withdraw money using micro-ATMs. In rural areas, an Aadhaar-enabled system is currently in use in which BCs scan account holders' fingerprints to take out cash from their bank accounts. This service can be used for those whose fingerprints are not easily readable and those who are not comfortable using ATM cards for security reasons. Many customers would prefer to use this system instead of ATMs. However, ATMs may still be useful as they are open the entire day and can store more cash. If approved, customers will be able to take out money up to Rs 10,000 from BC outlets.

Unified payments interface news: National Payments Corporation of India (NPCI) has reportedly sought the RBI's clearance for extending the UPI-based cash withdrawal at BCs.

Cash withdrawals with smartphones using UPI scanners soon: Report

NITI Aayog CEO BVR Subrahmanyam&nbsp;said on Monday that Artificial Intelligence will create more jobs in India and add at least $2 trillion over the next ten years to the Indian&nbsp;economy. He said AI will not replace employment, but will create new types of jobs. He, however, stressed the need for training and reskilling the workforce.&nbsp;He was&nbsp;speaking at the Roadmap for AI for Viksit Bharat and the NITI Frontier Tech Repository event. He said AI will increase India's GDP by 2 trillion US dollars by 2035. He, however, said that the feat can be achieved only if AI is used correctly.&nbsp;"It is going to add at least 2 trillion dollars extra by 2035, just from the use of AI. It means the 2/3rd of the size of the economy today can be added, if we use AI correctly. The use of AI will create more jobs, new types of jobs. For this, we need appropriate skills. We will also come up with a roadmap for AI for jobs and skills," he said.&nbsp;He said AI isn't a job destroyer but a job enhancer.&nbsp;He said jobs were added, not diminished, with the advent of computers.&nbsp;"When people thought computers would come, they thought there would be unemployment. But typist jobs have not vanished. Actually, computers have created more jobs. Similarly, the use of AI is going to create more jobs. The important thing is it may not be the same jobs that were there in the past," he added.&nbsp;He said AI will give India an edge over others when it comes to economic growth. He said India will see a significant push due to AI adoption.&nbsp;"With AI, we will not only be the fastest-growing economy but the fastest by a mile," he added.&nbsp;BVR Subrahmanyam said that it is important to train people to get those new jobs. He said he isn't worried about AI creating new jobs.

NITI Aayog CEO BVR Subrahmanyam said on Monday that Artificial Intelligence will create more jobs in India and add at least $2 trillion over the next ten years to the Indian economy.

NITI Aayog CEO BVR Subrahmanyam said on Monday that Artificial Intelligence will create more jobs in India and add at least $2 trillion over the next ten years to the Indian economy. He said AI will not replace employment, but will create new types of jobs. He, however, stressed the need for training and reskilling the workforce. He was speaking at the Roadmap for AI for Viksit Bharat and the NITI Frontier Tech Repository event. He said AI will increase India's GDP by 2 trillion US dollars by 2035. He, however, said that the feat can be achieved only if AI is used correctly. "It is going to add at least 2 trillion dollars extra by 2035, just from the use of AI. It means the 2/3rd of the size of the economy today can be added, if we use AI correctly. The use of AI will create more jobs, new types of jobs. For this, we need appropriate skills. We will also come up with a roadmap for AI for jobs and skills," he said. He said AI isn't a job destroyer but a job enhancer. He said jobs were added, not diminished, with the advent of computers. "When people thought computers would come, they thought there would be unemployment. But typist jobs have not vanished. Actually, computers have created more jobs. Similarly, the use of AI is going to create more jobs. The important thing is it may not be the same jobs that were there in the past," he added. He said AI will give India an edge over others when it comes to economic growth. He said India will see a significant push due to AI adoption. "With AI, we will not only be the fastest-growing economy but the fastest by a mile," he added. BVR Subrahmanyam said that it is important to train people to get those new jobs. He said he isn't worried about AI creating new jobs.

BVR Subrahmanyam, NITI Aayog's CEO, was&nbsp;speaking at the Roadmap for AI for Viksit Bharat and the NITI Frontier Tech Repository event. He said like computers added jobs to the economy, AI will also do the same.

NITI Aayog CEO says AI to add $2 trillion to Indian economy, create jobs

The Treasury Investments Management System (TIMS) project is a component of hope in an ever-changing world of business intelligence (BI). The core component of this redesigning project is the strategic implementation of MicroStrategy, an impressive BI tool, which has given rise to the revolution of data analytics and data-driven decision-making procedures in organisations. The TIMS project includes a broad spectrum of sub-projects ( Capital Hedge, Limit Management, Business Treasury and Asset Allocation) whose data requirements and analysis problems. The TIMS project will help improve the performance, accuracy and insight and enable business executives to make sound decisions on the basis of data with the help of MicroStrategy.&nbsp;Pranay Mungara has been a central figure in this monument project and demonstrates his professionalism as one of the architects of MicroStrategy. His input has played a significant role in the design and implementation of powerful BI solutions, which would be specific to the requirements of the TIMS project. The end-to-end approach has enabled Pranay to achieve quality and timely deliverables that have also added a lot of impact to the project.&nbsp;His contribution to the TIMS project is excellent. The optimised data models created by Pranay guaranteed the accuracy and performance of the data, and through this, the report and dashboard performance improved by 40 per cent. Due to this, he developed more than 60 enhanced reports and interactive dashboards, which offered useful information and enabled decision-making based on facts. To add to this, he has helped to increase active users by 30 per cent within two years, and reduce errors by 20 per cent by use of validation reports.&nbsp;He has gone a long way as a vital part of the organisation to establish a viable data architecture that can sustain the analytical needs of the TIMS project. This encompasses schema and data model design, data and source fusion and continuous optimization of the performance of the MicroStrategy environment. He added the functionality of MicroStrategy with the assistance of the inbuilt functionality of the software, i.e. custom scripts, functions and plugins to the needs of a particular project. His architectures and implementations of security solutions have achieved protection of sensitive information, control of access to user information and role-based security.&nbsp;Through the TIMS project, he has gone through so many challenges, which he has effectively overcome. One of the main issues was the necessity to have high-performance and a rapid response time on the multifaceted reports and dashboards. He responded by adding performance-tuning mechanisms, including the indexing of the database, the partitioning of the database and optimisation of the SQL querying. He minimised load times by close to 50 per cent, and improved user experience through the Intelligent Cubes and in-memory analytics capabilities of MicroStrategy. In addition, he added periodic performance audits to identify the bottlenecks and repair them.&nbsp;The other issue was how to scale the MicroStrategy environment to match the increasing amount of data and user requests. He introduced an Azure cloud system, scaled infrastructure and a distributed system. He also used MicroStrategy clustering and load balancing to break down the workloads in a manner that would enable the system to adequately process high amounts of data. His responsibility has been to provide security of data and compliance. As an additional mechanism of safeguarding sensitive information, he developed a more elaborate security design in MicroStrategy comprising role-based access controls, encryption, and data masking techniques.&nbsp;The papers written by Pranay Mungara, such as A Review on Enhancing Customer Experience with MicroStrategy and Audit Trails and Logging Biometric Authentication on Data Security in Banking using Reporting Tools, give additional arguments of his developed knowledge and innovation in the BI space. Postulates, about future and current trends, and his knowledge concentration, deal with the importance of recognising business requirements, accurate data modelling, integration of data from diverse sources and the use of high security standards.&nbsp;In his initial considerations, he has pointed out that it is important to keep on monitoring and optimising BI solutions to meet the dynamic business requirements and technological changes. The example of his work on the project TIMS demonstrates that the worth of BI tools such as MicroStrategy can be discovered and uncovered, making the work more efficient and effective and providing a new level of business intelligence analytics to the financial industry.

Pranay Mungara has been a central figure in this monument project and demonstrates his professionalism as one of the architects of MicroStrategy. 

The Treasury Investments Management System (TIMS) project is a component of hope in an ever-changing world of business intelligence (BI). The core component of this redesigning project is the strategic implementation of MicroStrategy, an impressive BI tool, which has given rise to the revolution of data analytics and data-driven decision-making procedures in organisations. The TIMS project includes a broad spectrum of sub-projects ( Capital Hedge, Limit Management, Business Treasury and Asset Allocation) whose data requirements and analysis problems. The TIMS project will help improve the performance, accuracy and insight and enable business executives to make sound decisions on the basis of data with the help of MicroStrategy. Pranay Mungara has been a central figure in this monument project and demonstrates his professionalism as one of the architects of MicroStrategy. His input has played a significant role in the design and implementation of powerful BI solutions, which would be specific to the requirements of the TIMS project. The end-to-end approach has enabled Pranay to achieve quality and timely deliverables that have also added a lot of impact to the project. His contribution to the TIMS project is excellent. The optimised data models created by Pranay guaranteed the accuracy and performance of the data, and through this, the report and dashboard performance improved by 40 per cent. Due to this, he developed more than 60 enhanced reports and interactive dashboards, which offered useful information and enabled decision-making based on facts. To add to this, he has helped to increase active users by 30 per cent within two years, and reduce errors by 20 per cent by use of validation reports. He has gone a long way as a vital part of the organisation to establish a viable data architecture that can sustain the analytical needs of the TIMS project. This encompasses schema and data model design, data and source fusion and continuous optimization of the performance of the MicroStrategy environment. He added the functionality of MicroStrategy with the assistance of the inbuilt functionality of the software, i.e. custom scripts, functions and plugins to the needs of a particular project. His architectures and implementations of security solutions have achieved protection of sensitive information, control of access to user information and role-based security. Through the TIMS project, he has gone through so many challenges, which he has effectively overcome. One of the main issues was the necessity to have high-performance and a rapid response time on the multifaceted reports and dashboards. He responded by adding performance-tuning mechanisms, including the indexing of the database, the partitioning of the database and optimisation of the SQL querying. He minimised load times by close to 50 per cent, and improved user experience through the Intelligent Cubes and in-memory analytics capabilities of MicroStrategy. In addition, he added periodic performance audits to identify the bottlenecks and repair them. The other issue was how to scale the MicroStrategy environment to match the increasing amount of data and user requests. He introduced an Azure cloud system, scaled infrastructure and a distributed system. He also used MicroStrategy clustering and load balancing to break down the workloads in a manner that would enable the system to adequately process high amounts of data. His responsibility has been to provide security of data and compliance. As an additional mechanism of safeguarding sensitive information, he developed a more elaborate security design in MicroStrategy comprising role-based access controls, encryption, and data masking techniques. The papers written by Pranay Mungara, such as A Review on Enhancing Customer Experience with MicroStrategy and Audit Trails and Logging Biometric Authentication on Data Security in Banking using Reporting Tools, give additional arguments of his developed knowledge and innovation in the BI space. Postulates, about future and current trends, and his knowledge concentration, deal with the importance of recognising business requirements, accurate data modelling, integration of data from diverse sources and the use of high security standards. In his initial considerations, he has pointed out that it is important to keep on monitoring and optimising BI solutions to meet the dynamic business requirements and technological changes. The example of his work on the project TIMS demonstrates that the worth of BI tools such as MicroStrategy can be discovered and uncovered, making the work more efficient and effective and providing a new level of business intelligence analytics to the financial industry.

Pranay Mungara has been a central figure in this monument project and demonstrates his professionalism as one of the architects of MicroStrategy.&nbsp;

Unlocking Insights: Pranay Mungara, the Key MicroStrategy Architect in TIMS Project

For nearly three decades, Indian software outsourcing helped grow its IT industry, sent tens of thousands of Indians on high‑skilled visas who went on to build new businesses and startups both in India and abroad, and made software engineering a “secure job” option for higher studies. But politico‑economic winds threaten to end this honeymoon, with the spectre of tariffs, visa and immigration policy curbs likely to disrupt their longstanding growth trajectory in the American market.<a href="https://www.wionews.com/videos/trump-s-tariff-war-trump-s-trade-adviser-says-india-s-tariffs-highest-costs-us-job-1757166949161/embed">https://www.wionews.com/videos/trump-s-tariff-war-trump-s-trade-adviser-says-india-s-tariffs-highest-costs-us-job-1757166949161/embed</a><h2>How US policies may hurt India’s IT sector</h2>The negative trends include proposed “outsourcing taxes” under HIRE Act, tightening of visa regulations, and national security reviews under legislation such as the RESTRICT Act.The US federal government—both in the executive branch and in Congress—is considering steps that could disrupt the traditional Indian IT business model that heavily relied on skilled visa workers, especially those on H‑1B visas.<h2>Taxation on outsourcing may become a reality in the US: The HIRE Act</h2>The proposed HIRE Act (Halting International Relocation of Employment Act), introduced by Senator Bernie Moreno of Ohio, aims to impose a 25 per cent excise tax on payments US companies make to foreign persons for services that benefit US consumers.&nbsp;The bill also prohibits tax deductions for such outsourcing payments and would channel the revenue into a so-called ‘Domestic Workforce Fund’ to finance retraining and apprenticeships. Industry experts believe that the cost burden under the HIRE Act could approach 46 per cent before state taxes.<h2>Talk of US visa rule tightening is making Indian IT sector jittery</h2>The US proposals include raising H‑1B visa fees by up to five times, enforcing one mandatory local hire for each H‑1B worker, and limiting H‑1B usage if firms use these visa holders for more than 15 per cent of their US workforce. These proposals are not yet law but are under serious discussion.Indian IT firms are already reducing their dependence on H‑1B visas amid increasing complexity, cost, and regulatory uncertainty. As of June 2025, the 10 largest Indian IT services firms had about 14,652 workers in the US on H‑1B visas.&nbsp;Also read: <a href="https://www.wionews.com/india-news/america-s-50-tariff-on-india-was-due-to-trump-s-personal-enmity-this-report-reveals-hidden-info-1756495589393">America's 50% tariff on India was due to Trump's 'personal' enmity? This report reveals hidden info</a><h2>How big is the US market for the Indian IT sector?</h2>India’s IT sector is now estimated at about $283 billion in total size. More than 60 per cent of the revenues of major Indian IT services companies comes from the US, which remains their largest market by far. Top five Indian IT firms—TCS, Infosys, HCLTech, Wipro and Tech Mahindra—generate about 50 to 65 per cent of their revenues from North America.&nbsp;The US outsourcing tax (if passed in its current form) and visa tightening could erode their margins. Experts say the cost arbitrage advantage Indian IT firms have enjoyed is under threat. Many clients are reportedly delaying contracts, renegotiating pricing, or demanding changes in delivery models because of the perceived risk, according to reportsAlso read: <a href="https://www.wionews.com/world/-not-easy-big-deal-trump-admits-rift-in-india-us-ties-after-50-tariff-over-russian-energy-trade-1757703372604">‘Not easy, big deal’: Trump admits rift in India-US ties after 50% tariff over Russian energy trade</a><h2>RESTRICT Act, Russia-linked sanctions, and other headwinds</h2>Although visa policy is one major front, there are also national security and trade policy headwinds. Several Indian firms have been under scrutiny for allegedly supplying dual‑use or sensitive technology related to Russia. The RESTRICT Act empowers the US Commerce Secretary to investigate and potentially block tech‑related transactions involving entities from “foreign adversaries” if those transactions pose a risk to national security. While Indian firms are not the direct targets of this in many public reports, the law could indirectly affect them, especially if they are linked to supply chains involving sensitive ICT (Information and Communications Technology).Also read: <a href="https://www.wionews.com/world/-any-attempt-to-harm-ties-with-india-destined-to-fail-says-russia-amid-trump-s-tariff-threats-1757874260227">‘Any attempt to harm ties with India destined to fail,’ says Russia amid Trump’s tariff threats</a><h2>Indian IT firms are at a critical inflection point in US market</h2>The combination of this proposed outsourcing taxes, probable visa tightening, national security laws, and geopolitical tensions mean that the days of relatively easy growth in the US market may be coming to an end for Indian IT companies.&nbsp;They will have to diversify away from heavy dependence on US clients, re‑negotiate business models with greater risk sharing. The honeymoon is probably over, or at least on borrowed time. &nbsp;

Indian IT giants face major headwinds in the US due to proposed curbs, laws and policy changes related to outsourcing, such as the HIRE Act, H‑1B visa curbs, and national security reviews under the RESTRICT Act. Will they weather this storm? Heres' what's in store for them



For nearly three decades, Indian software outsourcing helped grow its IT industry, sent tens of thousands of Indians on high‑skilled visas who went on to build new businesses and startups both in India and abroad, and made software engineering a “secure job” option for higher studies. But politico‑economic winds threaten to end this honeymoon, with the spectre of tariffs, visa and immigration policy curbs likely to disrupt their longstanding growth trajectory in the American market. https://www.wionews.com/videos/trump-s-tariff-war-trump-s-trade-adviser-says-india-s-tariffs-highest-costs-us-job-1757166949161/embed How US policies may hurt India’s IT sector The negative trends include proposed “outsourcing taxes” under HIRE Act, tightening of visa regulations, and national security reviews under legislation such as the RESTRICT Act. The US federal government—both in the executive branch and in Congress—is considering steps that could disrupt the traditional Indian IT business model that heavily relied on skilled visa workers, especially those on H‑1B visas. Taxation on outsourcing may become a reality in the US: The HIRE Act The proposed HIRE Act (Halting International Relocation of Employment Act), introduced by Senator Bernie Moreno of Ohio, aims to impose a 25 per cent excise tax on payments US companies make to foreign persons for services that benefit US consumers. The bill also prohibits tax deductions for such outsourcing payments and would channel the revenue into a so-called ‘Domestic Workforce Fund’ to finance retraining and apprenticeships. Industry experts believe that the cost burden under the HIRE Act could approach 46 per cent before state taxes. Talk of US visa rule tightening is making Indian IT sector jittery The US proposals include raising H‑1B visa fees by up to five times, enforcing one mandatory local hire for each H‑1B worker, and limiting H‑1B usage if firms use these visa holders for more than 15 per cent of their US workforce. These proposals are not yet law but are under serious discussion. Indian IT firms are already reducing their dependence on H‑1B visas amid increasing complexity, cost, and regulatory uncertainty. As of June 2025, the 10 largest Indian IT services firms had about 14,652 workers in the US on H‑1B visas. Also read: America's 50% tariff on India was due to Trump's 'personal' enmity? This report reveals hidden info How big is the US market for the Indian IT sector? India’s IT sector is now estimated at about $283 billion in total size. More than 60 per cent of the revenues of major Indian IT services companies comes from the US, which remains their largest market by far. Top five Indian IT firms—TCS, Infosys, HCLTech, Wipro and Tech Mahindra—generate about 50 to 65 per cent of their revenues from North America. The US outsourcing tax (if passed in its current form) and visa tightening could erode their margins. Experts say the cost arbitrage advantage Indian IT firms have enjoyed is under threat. Many clients are reportedly delaying contracts, renegotiating pricing, or demanding changes in delivery models because of the perceived risk, according to reports Also read: ‘Not easy, big deal’: Trump admits rift in India-US ties after 50% tariff over Russian energy trade RESTRICT Act, Russia-linked sanctions, and other headwinds Although visa policy is one major front, there are also national security and trade policy headwinds. Several Indian firms have been under scrutiny for allegedly supplying dual‑use or sensitive technology related to Russia. The RESTRICT Act empowers the US Commerce Secretary to investigate and potentially block tech‑related transactions involving entities from “foreign adversaries” if those transactions pose a risk to national security. While Indian firms are not the direct targets of this in many public reports, the law could indirectly affect them, especially if they are linked to supply chains involving sensitive ICT (Information and Communications Technology). Also read: ‘Any attempt to harm ties with India destined to fail,’ says Russia amid Trump’s tariff threats Indian IT firms are at a critical inflection point in US market The combination of this proposed outsourcing taxes, probable visa tightening, national security laws, and geopolitical tensions mean that the days of relatively easy growth in the US market may be coming to an end for Indian IT companies. They will have to diversify away from heavy dependence on US clients, re‑negotiate business models with greater risk sharing. The honeymoon is probably over, or at least on borrowed time.

Indian IT giants face major headwinds in the US due to proposed curbs, laws and policy changes related to outsourcing, such as the HIRE Act, H‑1B visa curbs, and national security reviews under the RESTRICT Act. Will they weather this storm? Heres' what's in store for them&nbsp;

US honeymoon over for Indian IT giants? How Trump tariff threats, visa curbs, RESTRICT Act, HIRE Act spell doom for software industry

Union Finance Minister Nirmala Sitharaman on Monday called for regulations in the Artificial Intelligence (AI) space to track the rapid technological advancements. She said that laws and rules must evolve as fast as technological innovations. Speaking at a NITI Aayog event, Sitharaman acknowledged that AI has emerged as a "rapidly progressing, real-time and dynamic" technology, and "all of us" must be conscious&nbsp;that "we don't sit back on the ethics".&nbsp;“Artificial Intelligence is not static. It is a rapidly progressing, real-time, and dynamic. Therefore, all of us will have to be conscious that we don't sit back on the ethics. We need to be clear that regulation has to run the race equally as much as the technology is running it,” Nirmala Sitharaman said.&nbsp;Nirmala Sitharaman said that India has the capacity to absorb and apply AI-driven solutions for the common good. She said AI should be kept in rein and must serve for the common good.&nbsp;"India is a country that can understand the implication of a good which comes in our way, although a good is never unmitigated, a good is never without riders, a good is never, on its own, good; it is for us all to use in such a way that it is for the common good. I think the AI is something which we should know how to keep well under our reins and serve for the common good," she added.&nbsp;Nirmala Sitharaman said the technology could play a vital role in improving existing urban areas and in planning new urban centers. Nirmala Sitharaman noted that AI is capable of providing in-situ solutions, allowing people to remain where they are, while delivering the solutions they have been waiting for decades.&nbsp;She said AI-assisted technologies must be implemented across all districts in India.<h2>What Ashwini Vaishnaw said on Artificial Intelligence</h2>Union Minister Ashwini Vaishnaw said that Artificial Intelligence (AI) will fundamentally change every aspect of life. He said India must be among the frontrunners in developing and adopting AI technologies.&nbsp;He also compared the AI revolution with the internet boom.&nbsp;"Over a period of the last few decades, the biggest change that has happened and the biggest factor that has joined this constellation of technologies is AI, because AI is now affecting practically everything that we do. Like the Internet, which changed everything that we did, AI is also going to fundamentally change the way we work, the way we live, the way we consume… That's why it's very important to make sure that we are frontrunners in AI technologies," he said.

Union Finance Minister Nirmala Sitharaman on Monday called for regulations in the Artificial Intelligence (AI) space to track the rapid technological advancements.

Union Finance Minister Nirmala Sitharaman on Monday called for regulations in the Artificial Intelligence (AI) space to track the rapid technological advancements. She said that laws and rules must evolve as fast as technological innovations. Speaking at a NITI Aayog event, Sitharaman acknowledged that AI has emerged as a "rapidly progressing, real-time and dynamic" technology, and "all of us" must be conscious that "we don't sit back on the ethics". “Artificial Intelligence is not static. It is a rapidly progressing, real-time, and dynamic. Therefore, all of us will have to be conscious that we don't sit back on the ethics. We need to be clear that regulation has to run the race equally as much as the technology is running it,” Nirmala Sitharaman said. Nirmala Sitharaman said that India has the capacity to absorb and apply AI-driven solutions for the common good. She said AI should be kept in rein and must serve for the common good. "India is a country that can understand the implication of a good which comes in our way, although a good is never unmitigated, a good is never without riders, a good is never, on its own, good; it is for us all to use in such a way that it is for the common good. I think the AI is something which we should know how to keep well under our reins and serve for the common good," she added. Nirmala Sitharaman said the technology could play a vital role in improving existing urban areas and in planning new urban centers. Nirmala Sitharaman noted that AI is capable of providing in-situ solutions, allowing people to remain where they are, while delivering the solutions they have been waiting for decades. She said AI-assisted technologies must be implemented across all districts in India. What Ashwini Vaishnaw said on Artificial Intelligence Union Minister Ashwini Vaishnaw said that Artificial Intelligence (AI) will fundamentally change every aspect of life. He said India must be among the frontrunners in developing and adopting AI technologies. He also compared the AI revolution with the internet boom. "Over a period of the last few decades, the biggest change that has happened and the biggest factor that has joined this constellation of technologies is AI, because AI is now affecting practically everything that we do. Like the Internet, which changed everything that we did, AI is also going to fundamentally change the way we work, the way we live, the way we consume… That's why it's very important to make sure that we are frontrunners in AI technologies," he said.

Nirmala Sitharaman on Artificial Intelligence: The Union Finance Minister said that India has the capacity to absorb and apply AI-driven solutions for the common good. She said that the technology could play a vital role in improving existing urban areas.

Nirmala Sitharaman calls for 'regulations' on AI: 'Should be kept in reins'

The last date for filing Income Tax returns is September 15. The Income Tax Department has clarified that the deadline for filing income tax will not be extended further. Taxpayers must file their tax returns by today to avoid penalties and interest.<h2>What's the deadline for filing income tax returns in 2025?</h2>On Sunday, the Income Tax department said reports that the deadline had been extended from September 15, 2025, to September 30 were false.&nbsp;"Fake news is in circulation stating that the due date for filing ITRs (originally due on 31.07.2025, and extended to 15.09.2025) has been further extended to 30.09.2025. The due date for filing ITRs remains 15.09.2025," the Income Tax Department said in a post on X.&nbsp;The department asked taxpayers to&nbsp;rely only on updates from its verified handle and not to be misled by unverified posts.<h2>Six crore income tax returns filed</h2>The department said that over 6 crore Income Tax Returns had been filed for the&nbsp;Assessment Year 2025-26. It asked taxpayers to file their returns to avoid a last-minute rush.&nbsp;"Thank you, taxpayers and tax professionals, for helping us reach the milestone of 6 crore Income Tax Returns (ITRs) as of now and still counting.&nbsp;We urge all those who haven't filed ITR for AY 2025-26 to file at the earliest to avoid a last-minute rush. Let's continue this momentum!" the department said on X.<h2>How much is the penalty for the late filing of ITR 2025?</h2>For those with an annual income of up to Rs 500000, the late filing fee is Rs 1000. For those earning more than Rs 5 lakh, the income tax return late fee is Rs 5,000.

When is the deadline for filing the Income Tax returns? How much money will be charged if Income Tax Returns 2025 are filed after the deadline? The Income Tax Department has clarified the reports about the deadline extension.

The last date for filing Income Tax returns is September 15. The Income Tax Department has clarified that the deadline for filing income tax will not be extended further. Taxpayers must file their tax returns by today to avoid penalties and interest. What's the deadline for filing income tax returns in 2025? On Sunday, the Income Tax department said reports that the deadline had been extended from September 15, 2025, to September 30 were false. "Fake news is in circulation stating that the due date for filing ITRs (originally due on 31.07.2025, and extended to 15.09.2025) has been further extended to 30.09.2025. The due date for filing ITRs remains 15.09.2025," the Income Tax Department said in a post on X. The department asked taxpayers to rely only on updates from its verified handle and not to be misled by unverified posts. Six crore income tax returns filed The department said that over 6 crore Income Tax Returns had been filed for the Assessment Year 2025-26. It asked taxpayers to file their returns to avoid a last-minute rush. "Thank you, taxpayers and tax professionals, for helping us reach the milestone of 6 crore Income Tax Returns (ITRs) as of now and still counting. We urge all those who haven't filed ITR for AY 2025-26 to file at the earliest to avoid a last-minute rush. Let's continue this momentum!" the department said on X. How much is the penalty for the late filing of ITR 2025? For those with an annual income of up to Rs 500000, the late filing fee is Rs 1000. For those earning more than Rs 5 lakh, the income tax return late fee is Rs 5,000.

When is the deadline for filing the Income Tax returns? How much money will be charged if Income Tax Returns 2025 are filed after the deadline? The Income Tax Department has clarified the reports about the deadline extension.&nbsp;

Will the Income Tax filing deadline be extended? What's the penalty for delay?

Advance Tax is the tax paid before the end of the financial year. At the start of the financial year, taxpayers estimate their annual income and pay taxes through multiple instalments&nbsp;if the tax on such income exceeds Rs 10,000.<h2>What is advance tax?</h2>The advance income tax is filed before the financial year. It is paid through several instalments before the end of the financial year. Instead of a lump sum payment at the end of the financial year, these are paid before filing the income tax returns. The provisions related to advance tax are covered under Sections 207 to 219 of the Income Tax Act. Taxpayers are required to make payments&nbsp;in four instalments.<h2>Who should pay advance payments?</h2>Taxpayers whose estimated tax liability exceeds Rs 10000 should pay advance tax. It includes salaried individuals, freelancers and business owners. People aged 60 who don't earn income from a business or profession are exempt from paying advance tax.<h3>The due date for advance tax payments for FY 2025-26 are:&nbsp;</h3>1. First Instalment on or before 15th June 2025 -- 15% of tax liability.2. Second Instalment on or before 15th September 2025 -- 45% of tax liability minus advance tax already paid. 3. Third Instalment on or before 15th December 2025 - 75% of tax liability minus advance tax already paid. 4. Fourth Instalment On or before 15th March 2026 100% of tax liability minus advance tax already paid.<h3>Calculating Advance Tax in India: A Step-by-Step Guide</h3>1. Assess Current Income: Consider income from all sources for the financial year, comparing with previous years. Account for new income like capital gains and gratuity redemption. 2. Eligible Deductions and Exemptions: Include tax-saving investments and deductions like: &nbsp; &nbsp; - Medical insurance premium &nbsp; &nbsp; - Home loan interest and principal repayment &nbsp; &nbsp; - HRA (House Rent Allowance) &nbsp; &nbsp; - Donations &nbsp; &nbsp; - Start-up deductions &nbsp; &nbsp; - Capital gain exemptions 3. Estimate Taxable Income: Calculate total taxable income based on income and deductions. 4. Determine Tax Liability: Use a tax calculator to find the most beneficial tax regime (old vs new). If total tax liability exceeds ₹10,000 for the financial year, advance tax is required. 5. Pay Advance Tax Instalments: Pay required percentages of tax liability by due dates. You can revise estimates if income changes during the year.<h3>How to make an advance tax payment online? Step-by-step guide</h3>1. Log on to the e-filing portal of the Income Tax Department of India. Access e-Pay Tax: On the homepage, find 'Quick Links' &gt; click 'e-Pay Tax'. Or search 'e-Pay Tax' in the search bar. 2. Enter Details: Input PAN (confirm by re-entering), mobile number &gt; click 'Continue'. 3. Verify OTP: Enter 6-digit OTP received on mobile &gt; 'Continue'. 4. Select Tax Type: Choose 'Income Tax' &gt; 'Proceed'. 5. Payment Details: Select Assessment Year (e.g., 2026-27), Type of Payment: 'Advance Tax (100)' &gt; 'Continue'. 6. Enter Tax Details: Fill in the required tax information. 7. Choose Payment Method: Select bank and payment method &gt; 'Continue'. 8. Preview and Pay: Check challan details &gt; 'Pay Now' (or 'Edit' if needed). 9. Acknowledgement: Post-payment, note the BSR code and challan serial number from the acknowledgement screen.

Advance Tax is the tax paid before the end of the financial year. At the start of the financial year, taxpayers estimate their annual income and pay taxes through multiple instalments if the tax on such income exceeds Rs 10,000.

Advance Tax is the tax paid before the end of the financial year. At the start of the financial year, taxpayers estimate their annual income and pay taxes through multiple instalments if the tax on such income exceeds Rs 10,000. What is advance tax? The advance income tax is filed before the financial year. It is paid through several instalments before the end of the financial year. Instead of a lump sum payment at the end of the financial year, these are paid before filing the income tax returns. The provisions related to advance tax are covered under Sections 207 to 219 of the Income Tax Act. Taxpayers are required to make payments in four instalments. Who should pay advance payments? Taxpayers whose estimated tax liability exceeds Rs 10000 should pay advance tax. It includes salaried individuals, freelancers and business owners. People aged 60 who don't earn income from a business or profession are exempt from paying advance tax. The due date for advance tax payments for FY 2025-26 are: 1. First Instalment on or before 15th June 2025 -- 15% of tax liability. 2. Second Instalment on or before 15th September 2025 -- 45% of tax liability minus advance tax already paid. 3. Third Instalment on or before 15th December 2025 - 75% of tax liability minus advance tax already paid. 4. Fourth Instalment On or before 15th March 2026 100% of tax liability minus advance tax already paid. Calculating Advance Tax in India: A Step-by-Step Guide 1. Assess Current Income: Consider income from all sources for the financial year, comparing with previous years. Account for new income like capital gains and gratuity redemption. 2. Eligible Deductions and Exemptions: Include tax-saving investments and deductions like: - Medical insurance premium - Home loan interest and principal repayment - HRA (House Rent Allowance) - Donations - Start-up deductions - Capital gain exemptions 3. Estimate Taxable Income: Calculate total taxable income based on income and deductions. 4. Determine Tax Liability: Use a tax calculator to find the most beneficial tax regime (old vs new). If total tax liability exceeds ₹10,000 for the financial year, advance tax is required. 5. Pay Advance Tax Instalments: Pay required percentages of tax liability by due dates. You can revise estimates if income changes during the year. How to make an advance tax payment online? Step-by-step guide 1. Log on to the e-filing portal of the Income Tax Department of India. Access e-Pay Tax: On the homepage, find 'Quick Links' > click 'e-Pay Tax'. Or search 'e-Pay Tax' in the search bar. 2. Enter Details: Input PAN (confirm by re-entering), mobile number > click 'Continue'. 3. Verify OTP: Enter 6-digit OTP received on mobile > 'Continue'. 4. Select Tax Type: Choose 'Income Tax' > 'Proceed'. 5. Payment Details: Select Assessment Year (e.g., 2026-27), Type of Payment: 'Advance Tax (100)' > 'Continue'. 6. Enter Tax Details: Fill in the required tax information. 7. Choose Payment Method: Select bank and payment method > 'Continue'. 8. Preview and Pay: Check challan details > 'Pay Now' (or 'Edit' if needed). 9. Acknowledgement: Post-payment, note the BSR code and challan serial number from the acknowledgement screen.

Advance Income Tax Rules 2025: Only people aged 60 or above, who don't have any active income through salary or business, are exempt from paying Advance Income Tax. Here are all relevant details regarding Advance Income Tax Rules 2025.

Advance Tax Payment 2025: Due dates, rules, who needs to pay | Everything you need to know

Groww, one of the country's leading investment platforms, is likely to file an updated draft prospectus with the Securities and Exchange Board of India (SEBI), seeking to raise $700 million to $1 billion through an IPO at a valuation of $7-9 billion. The IPO will provide early investors with partial exits. However, it is clear which investors will sell shares if Groww.<h2>Who are Groww's investors?</h2>Y Combinator, Peak XV Partners, Tiger Global, and Ribbit Capital are Groww's major investors. The company is expected to list on both the National Stock Exchange and the Bombay Stock Exchange.&nbsp;Groww's parent company, Billionbrains Garage Ventures Ltd, made the filing. Groww is currently valued at $7 billion, after having closed a $200 million round with Singapore’s sovereign wealth fund GIC.<h2>What is Groww?</h2>Groww began as a mutual fund investment platform. It was started in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal, all former employees of Flipkart. Over the years, the company has become one of the most profitable startups, whose net profit in FY25 grew to Rs 1,819 crore.&nbsp;Y Combinator invested in Groww at the seed stage in 2018. Peak XV Partners and Ribbit Capital took part in its Series A and B rounds in 2019. Tiger Global joined the firm in 2021.&nbsp;Groww is India's largest investment platform, if you go by active users.&nbsp;Groww's revenue in FY2025 grew 31 per cent to Rs 4056 crore.&nbsp;Recently, Groww signed an agreement to acquire Fisdom to expand its wealth product offering. The firm has launched commodities and is expected to grow its margin trading facility (MTF) lending product. These products will help it grow its revenue and products.

Groww, one of the country's leading investment platforms, is likely to file an updated draft prospectus with the Securities and Exchange Board of India (SEBI), seeking to raise $700 million to $1 billion through an IPO at a valuation of $7-9 billion. 

Groww, one of the country's leading investment platforms, is likely to file an updated draft prospectus with the Securities and Exchange Board of India (SEBI), seeking to raise $700 million to $1 billion through an IPO at a valuation of $7-9 billion. The IPO will provide early investors with partial exits. However, it is clear which investors will sell shares if Groww. Who are Groww's investors? Y Combinator, Peak XV Partners, Tiger Global, and Ribbit Capital are Groww's major investors. The company is expected to list on both the National Stock Exchange and the Bombay Stock Exchange. Groww's parent company, Billionbrains Garage Ventures Ltd, made the filing. Groww is currently valued at $7 billion, after having closed a $200 million round with Singapore’s sovereign wealth fund GIC. What is Groww? Groww began as a mutual fund investment platform. It was started in 2016 by Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal, all former employees of Flipkart. Over the years, the company has become one of the most profitable startups, whose net profit in FY25 grew to Rs 1,819 crore. Y Combinator invested in Groww at the seed stage in 2018. Peak XV Partners and Ribbit Capital took part in its Series A and B rounds in 2019. Tiger Global joined the firm in 2021. Groww is India's largest investment platform, if you go by active users. Groww's revenue in FY2025 grew 31 per cent to Rs 4056 crore. Recently, Groww signed an agreement to acquire Fisdom to expand its wealth product offering. The firm has launched commodities and is expected to grow its margin trading facility (MTF) lending product. These products will help it grow its revenue and products.

Groww's IPO: Groww's revenue in FY2025 grew 31 per cent to Rs 4056 crore. The company also made a substantial profit. Groww's early investors are likely to stage a partial exit from the company. Here's what we need to know about Groww's IPO.

Groww to file updated IPO document with SEBI, anticipated valuation revealed

On Sunday (September 14), the Income Tax department debunked rumours circulating on social media about the extension of the Income Tax Return (ITR) filing deadline beyond September 15, 2025. In an official clarification, the department confirmed that the due date for filing ITRs remains fixed at September 15, 2025. The department took to its X (formerly Twitter) account to refute the claims suggesting that the deadline, initially set for July 31, 2025, and later extended to September 15, 2025, would be further extended to September 30, 2025. The Income Tax department highlighted that such news was entirely fake.&nbsp;Taxpayers were advised to rely exclusively on the official Income Tax India handle for accurate updates and to reach out to the helpdesk, which operates 24/7, for any assistance. The department stressed that support was available through phone calls, live chats, WebEx sessions, and even on Twitter/X.

<blockquote class="twitter-tweet">A fake news is in circulation stating that the due of filing ITRs (originally due on 31.07.2025, and extended to 15.09.2025) has been further extended to 30.09.2025. ✅ The due date for filing ITRs remains 15.09.2025. Taxpayers are advised to rely only on official… <a href="https://t.co/F7fPEOAztZ">pic.twitter.com/F7fPEOAztZ</a>&mdash; Income Tax India (@IncomeTaxIndia) <a href="https://twitter.com/IncomeTaxIndia/status/1967280298120618097?ref_src=twsrc%5Etfw">September 14, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

The false notice making the rounds had said that the Central Board of Direct Taxes (CBDT) had decided to push the filing deadline further due to concerns over system readiness and stakeholder feedback. However, the department clarified that these claims were untrue.&nbsp;Earlier, the Income Tax Department reported that over 6 crore ITRs had already been filed for the Assessment Year 2025-26, thanking both taxpayers and tax professionals for helping achieve this milestone. It encouraged those yet to file to do so promptly, to avoid last-minute hassles. As the final day approaches, taxpayers are reminded that failing to file by the deadline could result in penalties and complications, including late filing fees, interest charges, delayed refunds, and more stringent scrutiny of returns.<h2>What are the penalties and fine for not filing ITR on time?</h2>Under Section 234F, if ITRs are filed late, taxpayers may face a late fee of up to Rs 5,000. The penalty is Rs 1,000 if the&nbsp;income is less than Rs 5 lakh, and Rs 5,000 if it exceeds that threshold.&nbsp;Other Consequences of Late Filing:Interest on Tax Due: Interest charges may apply under Sections 234A, 234B, and 234CCarry Forward Losses: Only certain losses, such as unabsorbed depreciation and house property loss, can still be carried forward if ITR is filed lateRefund Delays: Delayed filing could cause a delay in processing any refundsIncreased Scrutiny: Late filings might lead to closer scrutiny from the Income Tax DepartmentTaxpayers are urged to file their returns on time to avoid these consequences

The Income Tax department refuted claims of a deadline extension for ITR filing, confirming the due date remains Monday (September 15). Taxpayers are urged to file promptly to avoid penalties and delays

On Sunday (September 14), the Income Tax department debunked rumours circulating on social media about the extension of the Income Tax Return (ITR) filing deadline beyond September 15, 2025. In an official clarification, the department confirmed that the due date for filing ITRs remains fixed at September 15, 2025. The department took to its X (formerly Twitter) account to refute the claims suggesting that the deadline, initially set for July 31, 2025, and later extended to September 15, 2025, would be further extended to September 30, 2025. The Income Tax department highlighted that such news was entirely fake. Taxpayers were advised to rely exclusively on the official Income Tax India handle for accurate updates and to reach out to the helpdesk, which operates 24/7, for any assistance. The department stressed that support was available through phone calls, live chats, WebEx sessions, and even on Twitter/X.

The Income Tax department refuted claims of a deadline extension for ITR filing, confirming the due date remains Monday (September 15). Taxpayers are urged to file promptly to avoid penalties and delays

ITR filing FY 2025-26: IT filing date extended beyond September 15? Here's what the tax department really said

Elon Musk's AI startup xAI, as per reports, has laid off at least 500 workers from its data annotation team, the company's largest workforce, which was tasked with training Grok AI - the chatbot that in recent days has been a near-constant subject of controversies. As per the news report, the employees received emails saying most "general AI tutor" roles were being cut as part of a shift toward "specialist AI tutors.""After a thorough review of our Human Data efforts, we've decided to accelerate the expansion and prioritization of our specialist AI tutors, while scaling back our focus on general AI tutor roles. This strategic pivot will take effect immediately," stated the email, adding that in line with this shift, the company no longer needs generalist AI tutor positions. Thus "your employment with xAI will conclude," it read as reported by Business Insider.Also read | <a href="https://www.wionews.com/science/a-new-personality-type-is-here-and-you-might-just-be-one-of-them-forget-introvert-or-extrovert-are-you-secretly-an-otrovert-1757749241358">Forget introvert or extrovert — are you secretly an overlooked personality type called ‘otrovert’?</a><h2>What is xAI's annotation team?</h2>The annotation team has been central to training Grok, xAI's chatbot, by labelling and contextualising raw data. The main Slack channel for annotators shrank from 1,500 members to just over 1,000 within hours of the layoffs.In a post on X, the company said it would "surge our Specialist AI tutor team by 10x". "We are hiring across domains like STEM, finance, medicine, safety, and many more. Come join us to help build truth-seeking AGI!" reads the post which has a link to the new job openings.

<blockquote class="twitter-tweet">Specialist AI tutors at xAI are adding huge value. We will immediately surge our Specialist AI tutor team by 10x! We are hiring across domains like STEM, finance, medicine, safety, and many more. Come join us to help build truth-seeking AGI!<a href="https://t.co/htpc2RijLG">https://t.co/htpc2RijLG</a>&mdash; xAI (@xai) <a href="https://twitter.com/xai/status/1966677385056841884?ref_src=twsrc%5Etfw">September 13, 2025</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

The cuts came just days after senior leaders on the annotation team had their Slack accounts deactivated. Workers were also pulled into one-on-one reviews and asked to take tests to determine whether they could transition into specialist roles.Also read | <a href="https://www.wionews.com/trending/i-asked-elon-musk-s-ai-grok-why-it-called-trump-most-notorious-criminal-in-washington-it-doubled-down-and-gave-me-these-reasons-1754985406949">I asked Grok why it called Trump 'most notorious criminal'. It said THIS</a>The tests, overseen by new team leader Diego Pasini, covered domains like STEM, coding, finance, medicine, chatbot behaviour, and even quirky specialities like "personality and model behaviour" and "shitposters and doomscrollers." Some were conducted on CodeSignal, others on Google Forms.Frustration mounted over the short notice. One worker who complained in Slack about the timing – "Doing this after people have gone home for the day is pretty shady" – had their account deactivated soon after, colleagues said.&nbsp;

From 1,500 annotators to just 1,000 overnight — Musk’s AI startup fires one third of the people training its Grok AI chatbot.

Elon Musk's AI startup xAI, as per reports, has laid off at least 500 workers from its data annotation team, the company's largest workforce, which was tasked with training Grok AI - the chatbot that in recent days has been a near-constant subject of controversies. As per the news report, the employees received emails saying most "general AI tutor" roles were being cut as part of a shift toward "specialist AI tutors." "After a thorough review of our Human Data efforts, we've decided to accelerate the expansion and prioritization of our specialist AI tutors, while scaling back our focus on general AI tutor roles. This strategic pivot will take effect immediately," stated the email, adding that in line with this shift, the company no longer needs generalist AI tutor positions. Thus "your employment with xAI will conclude," it read as reported by Business Insider. Also read | Forget introvert or extrovert — are you secretly an overlooked personality type called ‘otrovert’? What is xAI's annotation team? The annotation team has been central to training Grok, xAI's chatbot, by labelling and contextualising raw data. The main Slack channel for annotators shrank from 1,500 members to just over 1,000 within hours of the layoffs. In a post on X, the company said it would "surge our Specialist AI tutor team by 10x". "We are hiring across domains like STEM, finance, medicine, safety, and many more. Come join us to help build truth-seeking AGI!" reads the post which has a link to the new job openings.

From 1,500 annotators to just 1,000 overnight — Musk’s AI startup fires one third of the people training its Grok AI chatbot.

Elon Musk’s xAI fires 500 workers training Grok AI, says generalist tutors no longer needed

India's Gas Turbine Research Establishment (GTRE) is expected to enter into a deal with the French Aerospace (SAFRAN) in a $7 billion joint venture to develop a next-generation fighter jet engine for its fifth-generation Advanced Medium Combat Aircraft (AMCA) and the future Twin Engine Deck Based Fighter (TEDBF). According to a report by the Indian Defence Research Wing, the programme aims to develop a scalable engine which will deliver 120 kN (kilo Newton) thrust initially and will deliver 140 kN thrust for sixth-generation engines. The engine production is set to start in 2036 with a timeline of 12 years.&nbsp;Read Also:<a href="https://www.wionews.com/india-news/drdo-kaveri-s-failure-to-safran-s-jet-engine-breakthrough-how-india-is-taking-a-big-leap-towards-self-reliance-1757567693686"> Kaveri’s failure to Safran’s jet engine breakthrough: How India is taking a BIG leap towards self-reliance</a><h2>A step towards strategic autonomy</h2>According to the sources reported by IDRW, the project will develop 400 engines with plans to meet both AMCA and TEDBF requirements. India had been pushing for self-reliance in manufacturing fighter jet engines, an approach that was earmarked in the recent Independence Day speech by Prime Minister Narendra Modi. Defence Minister Rajnath Singh also reiterated the commitment.&nbsp;“We are moving forward to manufacture aircraft engines in India itself,” Singh said, in comments broadcast by Indian media. “We are collaborating with a French company to start engine production in India.”&nbsp;Read Also:<a href="https://www.wionews.com/world/why-russian-jets-are-so-much-cheaper-1754142609345"> Why Russian jets are so much cheaper: The shocking truth about Russian fighter jets</a>&nbsp;French company SAFRAN was selected over the UK's Rolls-Royce and the US's General Electric, particularly due to its shorter development time. The design is reported to increase modularity, emphasise longer-life cycles, and in future adapt it for UCAVs and next-generation fighter jets. The deal is expected to include the transfer of technology and full intellectual property rights for critical engine components like single-crystal blade technology, advanced cooling systems, and high-temperature alloys, allowing strategic autonomy to GTRE for future development and life cycle maintenance.The partnership marks a significant step towards India achieving self-reliance in fighter jet propulsion. &nbsp;It provides a much-needed shift from the lower-thrust Kaveri Derivative Engine, one to match the appetite of one of the largest defence importers, at the same time pushes for the modernisation of the Indian Air Force.&nbsp;&nbsp;Read Also: <a href="https://www.wionews.com/photos/india-s-growing-defence-exports-which-countries-import-equipment-from-india-1757400216891">India's growing defence exports: Which countries import equipment from India?</a>&nbsp;&nbsp;

India’s GTRE and France’s Safran are set to launch a $7 billion joint venture to develop a 120 kN next-gen fighter jet engine for AMCA and TEDBF, targeting 400 units with full technology transfer and future scalability to sixth-gen platforms.

India's Gas Turbine Research Establishment (GTRE) is expected to enter into a deal with the French Aerospace (SAFRAN) in a $7 billion joint venture to develop a next-generation fighter jet engine for its fifth-generation Advanced Medium Combat Aircraft (AMCA) and the future Twin Engine Deck Based Fighter (TEDBF). According to a report by the Indian Defence Research Wing, the programme aims to develop a scalable engine which will deliver 120 kN (kilo Newton) thrust initially and will deliver 140 kN thrust for sixth-generation engines. The engine production is set to start in 2036 with a timeline of 12 years. Read Also: Kaveri’s failure to Safran’s jet engine breakthrough: How India is taking a BIG leap towards self-reliance A step towards strategic autonomy According to the sources reported by IDRW, the project will develop 400 engines with plans to meet both AMCA and TEDBF requirements. India had been pushing for self-reliance in manufacturing fighter jet engines, an approach that was earmarked in the recent Independence Day speech by Prime Minister Narendra Modi. Defence Minister Rajnath Singh also reiterated the commitment. “We are moving forward to manufacture aircraft engines in India itself,” Singh said, in comments broadcast by Indian media. “We are collaborating with a French company to start engine production in India.” Read Also: Why Russian jets are so much cheaper: The shocking truth about Russian fighter jets French company SAFRAN was selected over the UK's Rolls-Royce and the US's General Electric, particularly due to its shorter development time. The design is reported to increase modularity, emphasise longer-life cycles, and in future adapt it for UCAVs and next-generation fighter jets. The deal is expected to include the transfer of technology and full intellectual property rights for critical engine components like single-crystal blade technology, advanced cooling systems, and high-temperature alloys, allowing strategic autonomy to GTRE for future development and life cycle maintenance. The partnership marks a significant step towards India achieving self-reliance in fighter jet propulsion. It provides a much-needed shift from the lower-thrust Kaveri Derivative Engine, one to match the appetite of one of the largest defence importers, at the same time pushes for the modernisation of the Indian Air Force. Read Also: India's growing defence exports: Which countries import equipment from India?

India’s GTRE and France’s Safran are set to launch a $7 billion joint venture to develop a 120 kN next-gen fighter jet engine for AMCA and TEDBF, targeting 400 units with full technology transfer and future scalability to sixth-gen platforms.

India, Safran to develop 120 kN AMCA engine with $7 billion investment, 400 units planned

Between 2025 and 2030, artificial intelligence (AI) can lead to the revenue depletion of around 20 per cent in the global IT services sector, said a report by Jefferies. The report by the American agency further said that even though AI will impact IT services revenue, AI could boost productivity&nbsp;in application services and BPOs.&nbsp;"AI to impact 20% of existing IT services revenues by FY30. We expect AI to drive a 5-35% productivity boost across consulting, Application services, infrastructure services, and BPO services," noted the report.&nbsp;It said companies can hold back on IT spending, fearing that AI advancements could render investments obsolete. AI can result in productivity gains, reducing revenues from existing IT services. Thirdly, clients have yet to fully realise returns on the heavy incremental technology spending of about USD 280 billion annually during 2021-24.&nbsp;&nbsp;"AI-led revenue deflation is likely to impact growth in FY27 as revenue deflation from AI may be front-ended and any new spends driven by AI are likely to be back-ended," the report added.&nbsp;However, the report adds that the deflationary trend is expected to cap overall sectoral growth at just 1.5 per cent to 3 per cent, compounded annual growth rate (CAGR) over 2024-29, compared to the double-digit expansion IT services had enjoyed in previous years.&nbsp;Overall, non-AI-linked IT services grow at 1-3 per cent year on year.&nbsp;It added that non-AI-related IT services revenue will decline at the rate of 1-3 per cent each year.&nbsp;"While we expect underlying growth in non-AI-related IT services to grow at 1-3% every year, the 20% revenue deflation in these services will result in a 1-3% decline each year. As a result, overall IT services spend globally may grow in the range of 1.5-3.0% CAGR over CY24-29," said the report.&nbsp;Mid-sized IT firms have a higher risk of revenue deflation, but they will deliver better growth.&nbsp;"Mid-sized IT firms having higher risks of AI-led revenue deflation, we believe they are still better placed to deliver higher growth as they are better placed to gain market share," noted the report.

Between 2025 and 2030, artificial intelligence (AI) can lead to the revenue depletion of around 20 per cent in the global IT services sector, said a report by Jefferies.

Between 2025 and 2030, artificial intelligence (AI) can lead to the revenue depletion of around 20 per cent in the global IT services sector, said a report by Jefferies. The report by the American agency further said that even though AI will impact IT services revenue, AI could boost productivity in application services and BPOs. "AI to impact 20% of existing IT services revenues by FY30. We expect AI to drive a 5-35% productivity boost across consulting, Application services, infrastructure services, and BPO services," noted the report. It said companies can hold back on IT spending, fearing that AI advancements could render investments obsolete. AI can result in productivity gains, reducing revenues from existing IT services. Thirdly, clients have yet to fully realise returns on the heavy incremental technology spending of about USD 280 billion annually during 2021-24. "AI-led revenue deflation is likely to impact growth in FY27 as revenue deflation from AI may be front-ended and any new spends driven by AI are likely to be back-ended," the report added. However, the report adds that the deflationary trend is expected to cap overall sectoral growth at just 1.5 per cent to 3 per cent, compounded annual growth rate (CAGR) over 2024-29, compared to the double-digit expansion IT services had enjoyed in previous years. Overall, non-AI-linked IT services grow at 1-3 per cent year on year. It added that non-AI-related IT services revenue will decline at the rate of 1-3 per cent each year. "While we expect underlying growth in non-AI-related IT services to grow at 1-3% every year, the 20% revenue deflation in these services will result in a 1-3% decline each year. As a result, overall IT services spend globally may grow in the range of 1.5-3.0% CAGR over CY24-29," said the report. Mid-sized IT firms have a higher risk of revenue deflation, but they will deliver better growth. "Mid-sized IT firms having higher risks of AI-led revenue deflation, we believe they are still better placed to deliver higher growth as they are better placed to gain market share," noted the report.

AI to disrupt IT revenue? A report said companies can hold back on IT spending, fearing that AI advancements could render investments obsolete.&nbsp;

AI to impact 20% of existing IT services revenues by FY30: Report

Apple’s iPhone 17 series will open pre-orders today. Apple iPhone 17, Apple iPhone 17 Pro, Apple iPhone 17 Pro Max, and Apple iPhone Air can be booked through Apple's website's&nbsp;pre-bookings from 5.30 pm today. Apple Watch Series 11, Ultra 3, SE 3, and AirPods Pro 3, which were launched with Apple iPhones 17 series, are already open for pre-bookings on Apple's official website.<h2>What you need to know about the Apple iPhone 17 series</h2>Apple iPhone 17 series will initially be sold through pre-order at Apple's online and offline stores. You can also pre-book the devices on Croma, Reliance Digital, and Vijay Sales as well. Leading e-commerce sites like Amazon and Flipkart currently show that these products will be sold later.&nbsp;Apple has also listed promotional offers for the Apple iPhone 17 series. The company is providing a cashback of Rs 5,000 on Axis Bank, ICICI Bank, and American Express. It is also offering a no-interest EMI of up to 6 months. Those buying the phones will also get free subscriptions for three months to Apple Music, Apple TV+, and Apple Arcade.&nbsp;Apple iPhone 17's base variant will start at Rs 82,900. The phone's base storage has been upgraded to 256 GB. The phone's 512 GB variant is priced at Rs 1,02,900.&nbsp;Apple iPhone Air is priced at Rs 1,19,900. The phone's 512 GB variant is priced at Rs 1,39,900. The phone's 1 TB variant is priced at Rs 1,59,900.&nbsp;Apple iPhone 17 Pro is priced at Rs 1,34,900. The phone's 1 TB variant is priced at Rs 1,74,900.&nbsp;Apple iPhone 17 Pro Max is priced at Rs 1,49,900. Its 1 TB variant comes for Rs 1,89,900, and its 2 TB variant comes for Rs 2,29,900.&nbsp;Apple iPhone 17 series will start selling in stores from September 19.

Apple’s iPhone 17 series will open pre-orders starting today. Apple iPhone 17, Apple iPhone 17 Pro, Apple iPhone 17 Pro Max, and Apple iPhone Air can be booked through Apple's website's pre-bookings from 5.30 pm today.

Apple’s iPhone 17 series will open pre-orders today. Apple iPhone 17, Apple iPhone 17 Pro, Apple iPhone 17 Pro Max, and Apple iPhone Air can be booked through Apple's website's pre-bookings from 5.30 pm today. Apple Watch Series 11, Ultra 3, SE 3, and AirPods Pro 3, which were launched with Apple iPhones 17 series, are already open for pre-bookings on Apple's official website. What you need to know about the Apple iPhone 17 series Apple iPhone 17 series will initially be sold through pre-order at Apple's online and offline stores. You can also pre-book the devices on Croma, Reliance Digital, and Vijay Sales as well. Leading e-commerce sites like Amazon and Flipkart currently show that these products will be sold later. Apple has also listed promotional offers for the Apple iPhone 17 series. The company is providing a cashback of Rs 5,000 on Axis Bank, ICICI Bank, and American Express. It is also offering a no-interest EMI of up to 6 months. Those buying the phones will also get free subscriptions for three months to Apple Music, Apple TV+, and Apple Arcade. Apple iPhone 17's base variant will start at Rs 82,900. The phone's base storage has been upgraded to 256 GB. The phone's 512 GB variant is priced at Rs 1,02,900. Apple iPhone Air is priced at Rs 1,19,900. The phone's 512 GB variant is priced at Rs 1,39,900. The phone's 1 TB variant is priced at Rs 1,59,900. Apple iPhone 17 Pro is priced at Rs 1,34,900. The phone's 1 TB variant is priced at Rs 1,74,900. Apple iPhone 17 Pro Max is priced at Rs 1,49,900. Its 1 TB variant comes for Rs 1,89,900, and its 2 TB variant comes for Rs 2,29,900. Apple iPhone 17 series will start selling in stores from September 19.

Apple iPhone 17 pre-order offers and details revealed: Apple iPhone 17, Apple iPhone 17 Pro, Apple iPhone 17 Pro Max, and Apple iPhone Air were launched in the Awe Dropping event by Apple earlier this month.

Apple iPhone 17 series pre-order starts today: Check offers, prices

A new internet trend named Nano Banana is going viral on social media, which is similar to the AI action figures and Studio Ghibli trends. People are using Google's Gemini AI to make their lifeline figurines. The image looks like that of an action figure. Gemini users have created Nano Banana images of people, their pets, their parents, and partners, and it is a roaring success on the internet.<h2>What is the Nano Banana trend?</h2>The Nano Banana photos use Google's Gemini image generation tool, creating realistic photos of a person's image in the style of a figurine. The photo looks like action figures made by Marvel and other comics companies. It is called Nano Banana because Gemini's "Nano" model is being used to generate these images. Nono does light AI tasks. Banana is just a quirky term adopted&nbsp;by social media users.<h2>How to use Nano Banana? Here's a step-by-step guide:</h2>1. Access Google AI Studio: You can open it directly through the Gemini application or website.2. Select Your Approach: Choose between using a photo with a prompt or a prompt alone. The photo + prompt method is recommended for best results. Add a prompt that tells the model how to transform that photo into a collectible figurine.&nbsp; 3. Use a Prompt: Here's an official example prompt from Google's Twitter (X) account: "Create a 1/7 scale commercialized figurine of the characters in the picture, in a realistic style, in a real environment. The figurine is placed on a computer desk. The figurine has a round transparent acrylic base with no text on the base. The content on the computer screen is a 3D modeling process of this figurine. Next to the computer screen is a toy packaging box, designed in a style reminiscent of high-quality collectible figures, printed with original artwork. The packaging features two-dimensional flat illustrations."

Nano Banana trend: The Nano Banana photos use Google's Gemini image generation tool. How to make it using Gemini?

A new internet trend named Nano Banana is going viral on social media, which is similar to the AI action figures and Studio Ghibli trends. People are using Google's Gemini AI to make their lifeline figurines. The image looks like that of an action figure. Gemini users have created Nano Banana images of people, their pets, their parents, and partners, and it is a roaring success on the internet. What is the Nano Banana trend? The Nano Banana photos use Google's Gemini image generation tool, creating realistic photos of a person's image in the style of a figurine. The photo looks like action figures made by Marvel and other comics companies. It is called Nano Banana because Gemini's "Nano" model is being used to generate these images. Nono does light AI tasks. Banana is just a quirky term adopted by social media users. How to use Nano Banana? Here's a step-by-step guide: 1. Access Google AI Studio: You can open it directly through the Gemini application or website. 2. Select Your Approach: Choose between using a photo with a prompt or a prompt alone. The photo + prompt method is recommended for best results. Add a prompt that tells the model how to transform that photo into a collectible figurine. 3. Use a Prompt: Here's an official example prompt from Google's Twitter (X) account: "Create a 1/7 scale commercialized figurine of the characters in the picture, in a realistic style, in a real environment. The figurine is placed on a computer desk. The figurine has a round transparent acrylic base with no text on the base. The content on the computer screen is a 3D modeling process of this figurine. Next to the computer screen is a toy packaging box, designed in a style reminiscent of high-quality collectible figures, printed with original artwork. The packaging features two-dimensional flat illustrations."

Nano Banana trend: The Nano Banana photos use Google's Gemini image generation tool. How to make it using Gemini?&nbsp;

Nano Banana trend: How to make a figurine image using Gemini? Step-by-step guide

Union Minister for Road Transport and Highways Nitin Gadkari said on Thursday that the government's experiment of mixing 10 per cent ethanol with diesel wasn't successful. He said that the government is mixing ethanol with petrol to cut India's reliance on expensive oil imports.&nbsp;Nitin Gadkari further said that the government is trying to blend isobutanol with diesel, a derivative of ethanol, to cut fuel bills further.&nbsp;"Experiments were carried out to blend 10 per cent ethanol with diesel, but they turned out to be unsuccessful. Now efforts are being made to blend diesel with isobutanol, which is a derivative of ethanol," he said.&nbsp;Ethanol is an alcohol primarily derived from sugarcane and grains like maize and rice. The government has mandated that 20 per cent ethanol should be mixed with petrol. The mixture is called E20 petrol.<h2>What Nitin Gadkari said about E-20 petrol</h2>Nitin Gadkari also allayed fears about the E-20 petrol's allegedly adverse impact on engine longevity or mileage. He said the concerns raised on social media were a paid campaign and not based on facts. He pointed out that the Supreme Court had already dismissed the petition challenging the government's ethanol blending programme.&nbsp;A thrust is being given on enhancing the local production of biofuel so that high dependency on crude oil could be reduced, he said, adding that biofuel is cheaper and affordable.&nbsp;He said the government is also trying to run tractors using compressed biogas.&nbsp;He said that biofuels provide clean and green energy, and they have shown a remarkable transformation in the Indian landscape.&nbsp;“Today, we stand at the moment of transformation where the sugarcane farmers, the sugarcane industry and the energy sectors are making a sheer glory of progress,” Joshi said in the same event.

Union Minister for Road Transport and Highways Nitin Gadkari said on Thursday that the government's experiment of mixing 10 per cent ethanol with diesel wasn't successful.

Union Minister for Road Transport and Highways Nitin Gadkari said on Thursday that the government's experiment of mixing 10 per cent ethanol with diesel wasn't successful. He said that the government is mixing ethanol with petrol to cut India's reliance on expensive oil imports. Nitin Gadkari further said that the government is trying to blend isobutanol with diesel, a derivative of ethanol, to cut fuel bills further. "Experiments were carried out to blend 10 per cent ethanol with diesel, but they turned out to be unsuccessful. Now efforts are being made to blend diesel with isobutanol, which is a derivative of ethanol," he said. Ethanol is an alcohol primarily derived from sugarcane and grains like maize and rice. The government has mandated that 20 per cent ethanol should be mixed with petrol. The mixture is called E20 petrol. What Nitin Gadkari said about E-20 petrol Nitin Gadkari also allayed fears about the E-20 petrol's allegedly adverse impact on engine longevity or mileage. He said the concerns raised on social media were a paid campaign and not based on facts. He pointed out that the Supreme Court had already dismissed the petition challenging the government's ethanol blending programme. A thrust is being given on enhancing the local production of biofuel so that high dependency on crude oil could be reduced, he said, adding that biofuel is cheaper and affordable. He said the government is also trying to run tractors using compressed biogas. He said that biofuels provide clean and green energy, and they have shown a remarkable transformation in the Indian landscape. “Today, we stand at the moment of transformation where the sugarcane farmers, the sugarcane industry and the energy sectors are making a sheer glory of progress,” Joshi said in the same event.

Nitin Gadkari on E-20 petrol, diesel: He allayed fears about the E-20 petrol's allegedly adverse impact on engine longevity or mileage.

Will ethanol be mixed with diesel like petrol? Here's what Nitin Gadkari said

Union Minister for Road Transport and Highways Nitin Gadkari on Thursday reacted&nbsp;to anger on social media against his government's decision to blend ethanol in petrol, saying a paid campaign was being run against him.&nbsp;"The social media campaign was a paid campaign against me. The Supreme Court has also dismissed the petition. There was no fact," he said at an event.&nbsp;Addressing concerns over reduced mileage and engine damage, Gadkari stated that no technical issues were found in the evaluations.&nbsp;"All testing agencies have confirmed there is no problem with implementation," he said.&nbsp;Nitin Gadkari said that the&nbsp;Automotive Research Association of India (ARAI) had given clarity on the use of E20 fuel, adding that the government remained committed to pushing cleaner fuels through the E20 programme and flex-fuel vehicles.&nbsp;He justified the decision, saying fossil fuels&nbsp;worth Rs 22 lakh crore were being imported in the country annually. He attributed the decision to reducing dependence on imports for energy.&nbsp;"The Prime Minister's vision is of a self-reliant India. From an economic perspective, if Rs 22 lakh crore is infused into the Indian economy, the benefits would be immense, so why shouldn't we do this? We made the decision to produce ethanol from maize. As a result, maize cultivation in Uttar Pradesh, Bihar, and across the country has tripled," he said, pointing to how the diversification of agriculture into energy has supported farmers.&nbsp;He also spoke on the vehicle&nbsp;scrapping policy.&nbsp;"Scraping old cars and buying new cars gives revenue benefit of Rs 40,000 crore to the Centre and states," he said.

Union Minister for Road Transport and Highways Nitin Gadkari on Thursday reacted to anger on social media against his government's decision to blend ethanol in petrol, saying a paid campaign was being run against him.

Union Minister for Road Transport and Highways Nitin Gadkari on Thursday reacted to anger on social media against his government's decision to blend ethanol in petrol, saying a paid campaign was being run against him. "The social media campaign was a paid campaign against me. The Supreme Court has also dismissed the petition. There was no fact," he said at an event. Addressing concerns over reduced mileage and engine damage, Gadkari stated that no technical issues were found in the evaluations. "All testing agencies have confirmed there is no problem with implementation," he said. Nitin Gadkari said that the Automotive Research Association of India (ARAI) had given clarity on the use of E20 fuel, adding that the government remained committed to pushing cleaner fuels through the E20 programme and flex-fuel vehicles. He justified the decision, saying fossil fuels worth Rs 22 lakh crore were being imported in the country annually. He attributed the decision to reducing dependence on imports for energy. "The Prime Minister's vision is of a self-reliant India. From an economic perspective, if Rs 22 lakh crore is infused into the Indian economy, the benefits would be immense, so why shouldn't we do this? We made the decision to produce ethanol from maize. As a result, maize cultivation in Uttar Pradesh, Bihar, and across the country has tripled," he said, pointing to how the diversification of agriculture into energy has supported farmers. He also spoke on the vehicle scrapping policy. "Scraping old cars and buying new cars gives revenue benefit of Rs 40,000 crore to the Centre and states," he said.

Nitin Gadkari on E-20 petrol: The Prime Minister's vision is of a self-reliant India, he said at an event.

What Nitin Gadkari said on E-20 petrol mandate: 'No fact...'