Category: Business

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I-T dept releases draft rules, forms for new Income Tax Act; seeks public inputs

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I-T dept releases draft rules, forms for new Income Tax Act; seeks public inputs

With regard to the new income tax forms, it said that they have been simplified to a large extent for the ease of the taxpayers. Representative Image | Photo Credit: Getty Images/iStockphoto The tax department on Saturday (February 7, 2026) released draft rules and forms under the new Income Tax Act, 2025, which proposes to…

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Endeavour is to increase throughput, utilisation within safety mandates: Bharat Petroleum chief

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Endeavour is to increase throughput, utilisation within safety mandates: Bharat Petroleum chief

Our endeavour is to constantly increase the throughput and refinery utilisation with safety parameters in mind, Sanjiv Khanna, Chairman and Managing Director of Bharat Petroleum told The Hindu in an interaction at the sidelines of the India Energy Week in Goa last week. The state-owned refiner crude oil throughput in the December-end quarter spurred nearly…

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SBI Q3 FY26 net increased 24.5% to ₹21,028 crore

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SBI Q3 FY26 net increased 24.5% to ₹21,028 crore

Image used for representational purposes only. | Photo Credit: The Hindu State Bank of India (SBI) standalone profit after tax increased 24.5% to ₹21,028 crore on an increase in net interest income (NII) in third quarter fiscal 2026 as against ₹16,891.44 crore in the year ago period. Net Interest Income (NII) increased by 9.04% in…

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Global firms are now trusting India for their most advanced semiconductor work: Minister Ashwini Vaishnaw

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Global firms are now trusting India for their most advanced semiconductor work: Minister Ashwini Vaishnaw

“This breakthrough placed India firmly in the league of countries working on cutting-edge chip design, alongside companies such as AMD that have already showcased such capabilities,” Union Minister Ashwini Vaishnaw said during the Texas Instruments new product research and development inaugural event, in Bengaluru on February 7, 2026. Photo: Special Arrangement India is making significant…

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