However, it warned that the downside risk also originates from potential sharp corrections in AI-related asset valuations which pose contagion risks to global financial...
“This move is aimed at anchoring inflation expectations while maintaining macroeconomic stability. Although the increase in the repo rate will play some part in...
Bharat Biotech’s Vaccine wizards
On the border between Tamil Nadu and erstwhile Andhra, lies the temple town of Tiruttani, one of the six famed abodes...
Tamil Nadu is the only state in the country admitting students to professional courses without an entrance examination. A recent research article of Aspiring...
The fiscal problems of Tamil Nadu need serious surgery and not band-aid treatment as hitherto. Herein lies a golden opportunity for Stalin -Thiagarajan to...
Tough Tasks for new government
Dravidian parties excelled in implementing several welfare schemes to improve the lot of citizens of Tamil Nadu. While these are...
In the statement of profit and loss for 2019-20, the profit before tax shown by Reliance Industries was Rs 40,316 crore on a revenue of Rs 365,202 crore. Continuous investments on fresh projects helped the company claim large amounts as depreciation/amortisation expense. These amounted to Rs 9728 crore for 2019-20. Such financial management had enabled the industrial giant to keep tax outgo pretty low: for the year current tax was shown as Rs 7200 crore and deferred tax as Rs 2213 crore.
