Digital Financial News
02.02 / 11:35
markets
Digital
Career
security
Experts
social
Department
How Elon Musk’s team gained access to US Treasury’s $6 trillion payment system amid spending battle
Elon Musk’s associates have secured access to the U.S. Treasury’s sensitive payment systems, a move that follows the removal of David A. Lebryk, a senior career official at the department. The Treasury’s payment systems, which control more than $6 trillion annually, handle vital functions such as Social Security benefits, tax refunds, and federal employee salaries. The decision to grant Musk’s team access to these systems came after Lebryk, who had served in various nonpolitical roles at Treasury for decades, was placed on administrative leave by Trump-affiliated officials.
02.02 / 10:33
markets
Digital
Strategy
Experts
PAM
reports
Updates
New tax structure to benefit 5.65 cr taxpayers, will collectively save around Rs 1 L cr in taxes: SBI
new tax structure announced in the Union Budget 2025-26 is expected to benefit around 5.65 crore taxpayers who fall under the income slab of Rs 4 lakh and above.
02.02 / 10:33
markets
Digital
Strategy
Experts
PAM
‘I’d take cleaner air over Blinkit any day’: Indian lawyer on life after moving to Europe
work culture in India and Europe has sparked widespread discussion. After living in Europe for six months, she took to X (formerly Twitter) to express her frustration over the stark differences in professional life between the two regions.
02.02 / 10:33
markets
Target
Digital
Strategy
Experts
PAM
How did Sitharaman pull off making two worlds happy at same time
Union Budget for 2025-26, Finance Minister Nirmala Sitharaman appears to have pulled off the rare feat of offering substantial relief to taxpayers while maintaining fiscal discipline. This has been achieved by exercising restraint in capital expenditure and banking on robust growth in personal incomes, particularly at the higher end of the income spectrum.
02.02 / 10:33
markets
UPS
Digital
Strategy
economy
Trade
Experts
Sitharaman has done her part. Now, it's over to Modi
Nirmala Sitharaman's Budget 2025 has been widely praised for its tax bonanza for the middle class as well as its fiscal prudence. The tax relief to the middle class is important for its expected immediate impact on the economy.
02.02 / 08:19
02.02 / 08:19
markets
Digital
Manufacturing
Strategy
Experts
PAM
Features
budget 2025
Budget 2025: Focus product scheme for leather sector to boost exports by Rs 1.1 lakh cr, says CLE
Council for Leather Exports (CLE) said the scheme will support design capacity, component manufacturing, and machinery required for the production of non-leather quality footwear.
02.02 / 08:19
markets
Digital
Progressive
Strategy
Election
Experts
PAM
Fadnavis-Shinde 'discord' has hit Maharashtra's progress, claims Sanjay Raut
Maharashtra Chief Minister Devendra Fadnavis and Deputy CM Eknath Shinde was hindering the state's progress. In his weekly column Rokhthok in the Shiv Sena (UBT) mouthpiece 'Saamna', Raut further claimed Shinde was yet to come to terms with the fact that he was not reinstated as chief minister after the November 2024 assembly polls and was desperately trying to regain the position, which Fadnavis fully understands.
02.02 / 08:19
02.02 / 08:19
02.02 / 08:19
markets
FIVE
Digital
Strategy
Experts
PAM
budget 2025
A not-so-sweet deal for M&A enthusiasts in Budget 2025: Less time for tax breaks, more red tape ahead
amalgamation (M&A) enthusiasts with a bitter taste, the latest budget brings a major change to the carry-forward of losses. Under the current system, companies undergoing amalgamation can carry forward losses for a generous eight-year period. But from April 1, 2025, onwards, that carry-forward period is being slashed — the losses will only be allowed for the residual period. So, if a merger happens five years after the company incurs a loss, it can only carry forward the loss for the remaining three years.
02.02 / 07:55
Art
Digital
Photography
country
Videos
How to start building an art collection
Subscribe to enjoy similar stories. Indian art is having a moment. The Hurun India Art List of 2024 recorded staggering sales for the top 50 artists from the country at ₹301 crore—a 19% increase from 2023.
02.02 / 06:21
02.02 / 06:21
02.02 / 06:21
markets
Digital
Strategy
trends
Experts
PAM
Destinations
Mahindra Holidays & Resorts India to add 1,000 rooms by March 2026: MD & CEO Manoj Bhat
Manoj Bhat. The company, whose flagship brand Club Mahindra has 5,698 rooms across 126 resorts, is planning to add 15 new destinations in the next five quarters and is bullish that the several announcements made in the Union Budget 2025-26, including plans to develop top 50 tourist destinations and enhance connectivity will further strengthen the sector.
02.02 / 05:45
02.02 / 05:25
02.02 / 05:25
02.02 / 05:25
markets
Digital
Strategy
Experts
PAM
travelers
International
Air India Express launches daily direct flight service between Mangaluru and Delhi
Air India Express has launched a daily direct flight service between Mangaluru International Airport (MIA) and Delhi International Airport.
02.02 / 04:43
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