New Delhi, May 5 (BNP): India’s net direct tax collections recorded steady growth in the financial year 2025–26, rising 5.12% year-on-year to ₹23,40,406 crore, according to data released by the Central Board of Direct Taxes (CBDT). Gross direct tax collections for the fiscal stood at ₹28,11,936 crore, marking a 4.03% increase compared to the previous financial year. The growth was driven by stable inflows from…
JLR India Slashes Range Rover SV Prices by Up to INR 75 Lakh Ahead of India–UK FTA
New Delhi, May 5 (BNP): Jaguar Land Rover (JLR) India has announced a significant price reduction of up to ₹75 lakh on its flagship Range Rover SV models, ahead of the expected benefits from the India–UK Free Trade Agreement (FTA). The company said the revised pricing applies to its completely built unit (CBU) models imported from the UK, with the steepest cuts seen in the high-end…
IRCON International Marks Golden Jubilee, Celebrates 50 Years of Nation-Building Excellence
New Delhi, May 05: IRCON International Limited, a leading Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Railways, celebrated on 28th April its 50th Foundation Day at Bharat Mandapam, New Delhi, commemorating five decades of contribution to India’s railway and infrastructure development and reaffirming its commitment to nation-building through engineering excellence. The milestone celebration was attended by senior officials from the Ministry of Railways, members of IRCON International…
Bright future: PPDS readies new Philips Professional Displays product and partnership reveals at InfoComm 2026 including new UltraSlim Signage in Las Vegas
Philips booth C9000: Taking design, choice, and value to the next level, PPDS will showcase its latest groundbreaking evolutions in Las Vegas, including a new design led category, innovations for energy efficiency, an expanded solutions portfolio, and much more. Amsterdam,May 05: PPDS, the exclusive global provider of Philips Professional Displays and complementary solutions, is excited to confirm its participation at InfoComm 2026, promising an unmissable…
India Most Resilient Emerging Market, Well-Positioned for Future Shocks: Moody’s
New Delhi, May 5 (BNP): India has emerged as the most resilient large emerging market economy since 2020, supported by strong macroeconomic fundamentals and substantial foreign exchange reserves, according to Moody’s Ratings. In its latest report on emerging markets, Moody’s noted that India’s sizeable forex reserves have helped curb currency volatility and strengthen investor confidence during periods of global uncertainty and economic shocks. The rating agency…
Bengaluru Airport Introduces AI-Based Airside Safety System
Bengaluru, May 5 (BNP): Bangalore International Airport Limited (BIAL), operator of Kempegowda International Airport (KIA), has introduced an integrated Smart Airside Safety System aimed at significantly improving operational safety, efficiency, and control across key airside zones. The system is designed to strengthen safety at critical cross-service roads where aircraft and ground support vehicles operate in close proximity. By leveraging advanced technologies such as AI-based computer vision,…
“Welcomhotel by ITC Hotels, Richmond Road, Bengaluru marks Mother’s Day with a Thoughtful Dining Offering”
Bengaluru, May 5: WelcomHotel by ITC Hotels Richmond Road Bengaluru invites guests to celebrate Mother’s Day with a thoughtfully curated dining experience across its signature outlets, Welcomcafe Jacaranda and Mahjong Room. On May 10, mothers dining at either venue will be treated to a complimentary beverage and dessert, adding a special touch to the celebration. The offer is available with the dinner buffet at Welcomcafe…
President Murmu Pays Homage to Former President Giani Zail Singh on Birth Anniversary
New Delhi, May 5 (BNP): President Droupadi Murmu on Tuesday paid floral tributes to former President of India Giani Zail Singh at Rashtrapati Bhavan on the occasion of his birth anniversary, honouring his contribution to the nation and his legacy in public life. Giani Zail Singh, who served as the seventh President of India from 1982 to 1987, is remembered as a prominent statesman who…
Life Insurance Demand Affected by New Tax Regime Changes, Says Deepak Parekh
Mumbai, May 5 (BNP): Renowned industry veteran Deepak Parekh has highlighted that recent changes under the new tax regime, particularly the reduction of tax benefits, are beginning to impact consumer interest in life insurance products. According to Parekh, the earlier tax incentives played a significant role in encouraging individuals to invest in life insurance policies. With these benefits now scaled down or removed under the…
Retired WVU Statler College Faculty Member Establishes Chair and Professor Positions with $3M Gift
A retired faculty leader at the West Virginia University Benjamin M. Statler College of Engineering and Mineral Resources is honoring his family’s academic legacy with generous planned gifts to advance education, discovery and service. Syd Peng, of Fremont, California, pledged $3 million in his will to establish endowed chair and professor positions at the WVU Statler College. His gifts reflect a devotion to WVU that…