Month: October 2026

Net direct tax collection grows 13% to ₹13.38 lakh crore till October 14

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Net direct tax collection grows 13% to ₹13.38 lakh crore till October 14

Collection from securities transaction tax (STT) swelled 52% to ₹46,840 crore till October 14 of FY27. (Image used for representational purpose only) | Photo Credit: Gettyimages/iStockphoto Net direct tax collection rose 13.21% to about ₹13.38 lakh crore between April 1 and October 14, driven by a healthy pick-up in corporate taxes. Net corporate tax mop-up…

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Business

As inscrutable AI proofs emerge, mathematicians wait in the dark

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As inscrutable AI proofs emerge, mathematicians wait in the dark

The French mathematician Hugo Duminil-Copin, who won the Fields Medal — mathematics’ Nobel — in 2022 for his work on phase transitions in statistical physics, said in a video call of the French Mathematical Society on October 8 that years of his research agenda had been “wiped out” thanks to a tumult of mathematical proofs and…

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Science

Case against Keralam MLA Najeeb Kanthapuram for blocking court-ordered attachment

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Case against Keralam MLA Najeeb Kanthapuram for blocking court-ordered attachment

The police have registered a case against Perinthalmanna MLA Najeeb Kanthapuram for allegedly threatening an advocate commissioner and obstructing him from carrying out court-ordered attachment proceedings at a house at Vengoor near Perinthalmanna in Malappuram district of Keralam. The case was registered on the directions of the Chief Judicial Magistrate Court, Manjeri, following a complaint…

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Nation

Houthi attack on Saudi oil giant raises global energy concerns

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Houthi attack on Saudi oil giant raises global energy concerns

The conflict in Yemen has entered a dangerous new phase after Iran-backed Houthi rebels targeted the headquarters of Saudi oil giant Aramco in Dhahran. While there were no reported fatalities, the strike damaged parts of the company’s headquarters and highlighted the Houthis’ growing ability to hit strategic targets deep inside Saudi Arabia. The attack comes…

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World

Rolls-Royce welcomes U.K. trade deal, but India price impact remains uncertain

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Rolls-Royce welcomes U.K. trade deal, but India price impact remains uncertain

Rolls-Royce Motor Cars. File | Photo Credit: Reuters Rolls-Royce Motor Cars is yet to determine how the India–U.K. free trade agreement will affect the prices of its cars in India, with the ultra-luxury carmaker assessing the regulatory and tax implications of the deal with the relevant authorities. “We are working with the authorities at the…

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Business

Why is there opposition against setting up foreign universities in Tamil Nadu? | Explained

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Why is there opposition against setting up foreign universities in Tamil Nadu? | Explained

The story so far: The University of Western Australia (UWA) recently announced it has secured the final approval from the University Grants Commission (UGC) to set up its campus in Chennai. It has taken 50,000 sq. ft. of floor space in Velachery to set up its campus under the UGC (Setting up and Operation of…

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Nation

Auto wholesales: Passenger Vehicle segment clocks 30% growth in Q2

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Auto wholesales: Passenger Vehicle segment clocks 30% growth in Q2

All segments of the automobile sector reported double digit growth in Q2 FY2027 (July-September 2026) with Passenger Vehicles (PVs) and Commercial Vehicles (CVs) reporting wholesales growth of nearly 30% year-on-year (YoY) according to auto wholesales data released by the Society of Indian Automobile Manufacturers (SIAM) on Thursday (October 15, 2026). Passenger Vehicle sales stood at…

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Business

BEML meets Czechia Deputy Prime Minister Karel Havlíček to discuss avenues of potential collaboration

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BEML meets Czechia Deputy Prime Minister Karel Havlíček to discuss avenues of potential collaboration

BEML officials met a Czech delegation led by Karel Havlíček, the Czechia’s First Deputy Prime Minister and Minister of Industry and Trade, in Bengaluru on October 15, 2026. The talks aimed to deepen ties in precision engineering, machine tools, automotive components, and other industrial sectors. Photo: Special Arrangement BEML, a state-owned heavy equipment manufacturer, on…

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Business

Keralam Assembly: Opposition walks out over removal of fences in Chinnakkanal; Forest Minister says only illegal ones are dismantled

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Keralam Assembly: Opposition walks out over removal of fences in Chinnakkanal; Forest Minister says only illegal ones are dismantled

A solar fence on a cardamom plantation at Panthadikkalam in Idukki. | Photo Credit: Special Arrangement The Keralam government maintained in the State Legislative Assembly on Thursday (October 15, 2026) that the Forest department action in Chinnakkanal, Idukki district, was restricted to the dismantling of unauthorised and illegal fencing. Forest Minister Shibu Baby John and…

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Nation