Inflation, geopolitical risks warrant careful handling of situation: RBI
The Reserve Bank of India (RBI) on Thursday said the Indian economy is well on the path of recovery even though inflationary pressures and ...
Maruti Suzuki launches new version of SUV Brezza, prices starting at Rs 7.99 lakh
https://ift.tt/dpalJu7 New Delhi, June 30 The country's largest carmaker Maruti Suzuki India on Thursday launched the new version of it...
European Union inks deal on crypto transfer tracing rules
EU negotiators signed a provisional agreement for the 27-nation bloc's first rules on tracing transfers of crypto assets like bitcoin, w...
Telcos' 5G bids seen muted as private firms jostle for airwaves: Report
Telecom giants are likely to make muted bids at the 5G spectrum auction in July, on worries they stand to lose about 40% in potential revenu...
Lenskart in $400 million deal to create Asian eyewear giant
Lenskart is buying a majority stake in Japan’s Owndays Inc. in a deal that will create one of Asia’s biggest online retailers of eyewear. ht...
Mukesh Ambani sets succession plan in motion by promoting his children
On Tuesday, Indian billionaire Mukesh Ambani made way for his first-born Akash Ambani to become the chairman of India's No. 1 wireless c...
RBI battles against rupee’s slump with multi-pronged strategy
The Reserve Bank’s challenges include crashes in forward dollar premiums to rising open interest in futures that adds to pressure on the cur...
About dozen states seek extension of GST compensation; no decision taken
https://ift.tt/h7oMO9U Chandigarh, June 29 About a dozen states cutting across party lines on Wednesday pitched for extending the mechanism...
India's top cement maker paying for Russian coal in Chinese yuan
India's biggest cement producer, UltraTech Cement, is importing a cargo of Russian coal and paying using Chinese yuan, according to an ...
Govt approves deregulation of domestically produced crude oil
The Union Cabinet on Wednesday approved deregulation of sale of domestically produced crude oil in a bid to remove irregularities and boost ...
India forced to ship in gasoline, diesel as shortages flare up
Gasoline imports rose to about 13,000 barrels a day in the first half of June, a seven-month high, according to Vortexa Ltd. Diesel imports,...
Sebi slaps Rs 7 crore penalty on NSE, Rs 5 crore on Chitra Ramakrishna
Capital market regulator Securities and Exchange Board of India has imposed a penalty of Rs 7 crore on National Stock Exchange in the 'd...
Twitter gets time till July 4 to comply with all govt orders
The government has issued a notice to Twitter to comply with all its past orders by July 4, an official source said on Wednesday. https://i...
GST Council meeting begins on Tuesday
The GST Council is being chaired by union finance minister Nirmala Sitharaman in Chandigarh today. The 2-day meeting, which begun today, is ...
Maruti to gain market share on new launches and SUVs: Bhargava
Maruti Chairman RC Bhargava has said that the country’s largest carmaker will launch new models and SUVs to perk up its market share and rid...
Pallonji Mistry, billionaire caught in Tata feud, dies at 93
Pallonji Mistry, the Indian-born billionaire whose engineering empire built luxury hotels, stadiums, palaces and factories across Asia and w...
'E-com platforms not publishing negative ratings/reviews'
https://ift.tt/Ipwje8k
Stocks extend winning run to 3rd day; Sensex, Nifty gain nearly 1 per cent
https://ift.tt/GfpJaIF Mumbai, June 27 Benchmark stock indices rose for a third straight day on Monday on buying in IT, banking and FMCG sh...
Bombay HC finds no merit in Adani Ports challenge to disqualification
Bombay high court on Monday dismissed a petition filed by Adani Ports and Special Economic Zone (SEZ) Limited challenging a May 2, 2022 disq...
GST Council meet: Easier e-comm suppliers' registration on cards
The GST Council in its two-day meeting starting Tuesday is slated to discuss an array of issues, including a mechanism for compensating sta...
5G network norms must be implemented in spirit of Cabinet decision: BIF
Broadband India Forum on Monday asserted the policy guidelines for captive private 5G networks must be implemented in letter and spirit of C...
Former SAIL chairman V Krishnamurthy passes away at 97
V Krishnamurthy, a former chairman of the country's largest steel-making company SAIL, passed away on Sunday at the age of 97 in Chennai...
First semiconductor project approval this year: Vaishnaw
https://ift.tt/A2G4lXR
28% GST likely on casinos, online gaming, horse races on gross revenue
https://ift.tt/RK9rfXM
Indian economy may touch USD 30 tn in next 30 years: Goyal
India is one of the fastest-growing economies in the world and it is expected to reach USD 30 trillion in the coming 30 years, Commerce and ...
Finance ministry asks banks to explore fintech partnership
https://ift.tt/wP3gvNz
FPIs' pull out Rs 46,000 cr from Indian equities in June so far
Foreign investors continue to desert Indian equity markets and pulled out close to Rs 46,000 crore so far this month following monetary pol...
Despite strong summer start, Europe's aviation industry frets
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GST compensation cess on luxury items extended
The cess is due to end on June 30 as part of the five-year formula devised by the Centre and the states to ensure that the latter's reve...
GST compensation cess levy extended till March 2026
The levy of cess was to end on June 30 but the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state FMs, d...
Tata Power arm commissions India’s largest floating solar project
https://ift.tt/mdWAq5n New Delhi, June 25 Tata Power Solar Systems on Saturday said it has commissioned India's largest floating solar ...
RBI extends card tokenisation deadline by three months
https://ift.tt/RYwHJWp
RBI exploring options to ensure customer safety dealing with PPIs issued by non-bank entities
Earlier this week, RBI issued an advisory clarifying that non-bank prepaid payment instrument (PPI) issuers cannot load their wallets and ca...
Parameswaran Iyer appointed as CEO of NITI Aayog
Parameswaran Iyer has been appointed as the chief executive officer (CEO) of NITI Aayog, according to a government notification. He was a f...
Rupee settles at all-time low of 78.33 against US dollar
The rupee on Friday slipped 1 paisa to close at its all-time low of 78.33 (provisional) against the US dollar. At the interbank foreign exch...
Rice planting down 46% from last year, likely to pick up
Indian farmers have planted 1.96 million hectares with summer-sown rice so far, farm ministry data showed on Friday, down 46% from last year...
Most large merchants comply with card tokenisation as deadline nears
Most of the large merchants have complied with the RBI's card-on-file (CoF) tokenisation norms and 19.5 crore tokens have been issued so...
RBI deputy Patra expects inflation to breach 6% for three quarters
India's retail inflation is likely to breach the mandated inflation target band of 2-6% for three straight quarters but is showing indic...
Pakistan levies 'super tax' on big industries to trim deficit
Pakistan will impose an extra one-time 10% tax on large scale industry for one year to raise over $1.93 billion ahead of a deal to resume cr...
GST Council may consider changes in monthly GST payment form
The GST Council in its meeting next week is likely to consider a proposal for making changes in the monthly tax payment form -- GSTR-3B, whi...
PM exhorts exporters to achieve long-term export targets
Prime Minister Narendra Modi on Thursday appealed to exporters and the industry to fix long-term export targets for themselves and suggest w...
Tata Motors says investigating EV fire incident
Tata Motors said on Thursday it was investigating an "isolated thermal incident", after a video on social media showed the company...
Fall in onshore forward premiums could push rupee even lower
A shortage of cash dollars and forward market intervention by the Reserve Bank of India which has pushed onshore 1-year forward premiums to...
Grant F. Reid decides to hand over the reins as Mars CEO after a decade
Mars CEO, Grant F Reid, has announced he is to hand over the reins as CEO after leading the business through a period of unprecedented grow...
Vodafone Idea defers Rs 8,837 crore AGR dues payment
Debt-ridden telecom operator Vodafone Idea has decided to defer payment of additional adjusted gross revenues of Rs 8,837 crore dues by a pe...
Explainer: Why is there a worldwide oil-refining crunch?
Prices were already elevated before Russia invaded Ukraine on February 24. But since mid-March, fuel costs have surged while crude prices ar...
10-yr bond yield at over 3-week low, MPC minutes eyed
Bond yields edged lower as investors drew comfort from a sharp fall in global crude oil prices, which if sustained will bring down imported ...
India unlikely to offer tax waivers to fast track global bond index
India is opposed to providing any capital gains tax waivers to overseas debt investors even if it delays its goal of getting its bonds incl...
BPCL halves crude runs at Mumbai refinery; plans repairs at other plants
Bharat Petroleum Corp Ltd (BPCL) has shut half of its crude processing capacity at its 240,000 barrels per day (bpd) Mumbai refinery in wes...
OPG Securities MD arrested in NSE co-location case
The CBI has arrested Delhi-based broker and managing director of OPG Securities Sanjay Gupta in the NSE scam, four years after the agency r...
CBI arrests OPG Securities MD in NSE co-location case
https://ift.tt/4NRs2gQ New Delhi, June 22 The CBI has arrested Delhi-based broker and managing director of OPG Securities Sanjay Gupta in t...
Tesla sued by former employees over 'mass layoff'
Former Tesla Inc employees have filed a lawsuit against the US electric car company alleging its decision to carry out a "mass layoff&q...
Musk says there are unresolved matters with Twitter deal
Elon Musk said there are still a few unresolved matters with his Twitter deal including the number of spam users on the system and the comin...
'Agnipath scheme an opportunity to engage skilled personnel'
Joining the chorus of other India Inc leaders -- including Mahindra Group chief Anand Mahindra and Tata Sons chairman N Chandrasekaran, ...
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