Windfall tax on crude petroleum reduced to Rs 1,850/tonne
The Indian government has announced a reduction in the windfall tax on domestically-produced crude oil from Rs 2,100 to Rs 1,850 per tonne, ...
Indians credit card spending increases 19% (YoY) to Rs 1.7 trillion in July 24
India's credit card spending surged by 19% in July year-on-year to Rs 1.7 trillion, with transaction volumes increasing by 39%, indicati...
When will Noida Airport open for flights? Noida International Airport CEO shares important update
Noida Airport aims to start commercial operations by April 2025 after initial test flights from September. The airport, owned by Zurich Airp...
Zepto hits $5 billion valuation in latest big India commerce bet
Indian online grocer Zepto’s valuation has risen to $5 billion after a funding round led by General Catalyst Partners, with new investors Dr...
Vadhvan Port: PM Modi to lay foundation stone for India’s largest deep-water port - top facts you shouldn’t miss
Prime Minister Narendra Modi will lay the foundation for the Vadhvan Port project in Maharashtra's Palghar. Estimated to cost around Rs ...
Shah Rukh Khan debuts on 2024 Hurun India Rich List with Rs 7,300 crore wealth
Shah Rukh Khan debuts on the 2024 Hurun India Rich List, amassing Rs 7,300 crore at age 58. Prominent figures like Juhi Chawla and Hrithik R...
Zoho enters B2B payments market, offers variety of integrations
Zoho launched Zoho Payments to streamline B2B transactions by integrating with its existing finance tools such as Zoho Books. The service su...
Indian lenders lag global peers on cybersecurity spends: BCG
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Senior Citizen Fixed Deposit rates: Top 5 senior citizen bank FDs - which banks offer highest interest rates? Check List
Senior citizens can earn higher interest on bank fixed deposits. These deposits provide flexibility, laddering technique benefits, and tax-s...
‘Foxconn City’ similar to China coming up in India soon? Southern states vie for Apple’s iPhone maker’s attention
Foxconn is reviewing offers from Indian states, including Telangana, Andhra Pradesh, and Karnataka, to set up large industrial facilities. T...
PM Modi hails 10 years of Jan Dhan Yojana; shares how it has been ‘game-changing’
Prime Minister Narendra Modi celebrated the 10th anniversary of the Jan Dhan Yojana, emphasizing its impact on financial inclusion. Since it...
Indian Railways links DigiLocker with its hiring portal; here’s how it will reduce railway jobs recruitment time frame
Indian Railways has integrated DigiLocker with its recruitment portal, aiming to reduce the recruitment process time from 18-24 months to un...
A $1.4 million IPO overbought 400 times shows India stock frenzy
An IPO by small Indian motorcycle dealership Resourceful Automobile Ltd was oversubscribed over 400 times. The New Delhi company aims to rai...
Foreign investors dump $3.42 billion worth ‘expensive Indian stocks’; opt for IPOs instead
Foreign investors sold $3.42 billion in Indian stocks in the secondary market this month, opting for IPOs with $1.47 billion in purchases. T...
Bangladesh electricity supply: 5 Indian power companies owed whopping $1 billion; $800 million due to Adani Power
Five Indian power companies are grappling with over $1 billion in unpaid dues from Bangladesh. Key player Adani Power is owed around $800 mi...
India adds record 15 GW solar capacity in January-June: Report
India reached a new milestone by installing around 15 GW of solar power in the first half of 2024, driven by developers completing delayed p...
How IIMs are shifting focus from campus placements to long-term employability of their graduates
The Indian Institutes of Management (IIMs) have shifted focus from short-term job placements to long-term employability. IIM Kozhikode has s...
Modi government working on new policy to increase lifespan of national highways by 20-25 years
A new policy is in works to extend the lifespan of national highways. 'White-topping', involving a concrete overlay on bituminous pa...
Unified Pension Scheme vs OPS vs NPS: How is UPS different from National Pension Scheme, Old Pension Scheme?
The Modi government has introduced the Unified Pension Scheme (UPS) effective April 1, 2025, for central employees who joined post-January 1...
AI crucial for future, India should lead global tech transition, create jobs: Ola founder Bhavish Aggarwal
Ola CEO Bhavish Aggarwal stressed the private sector's role in job creation, stating businesses must step up while the government create...
Government's schemes boost domestic electric vehicle manufacturing
The Indian government's initiatives, including the PLI scheme with an approved outlay of Rs 25,938 crore, boosted the domestic EV indust...
Why did BSE, NSE fine IOC, BPCL etc for 5th consecutive quarter
India's leading oil companies, including Indian Oil and BPCL, were fined for a fifth quarter for not meeting listing regulations requiri...
IndiGo introduces gender-neutral 'Mx' option for flight bookings
IndiGo, holding a 62% share of the domestic market, took steps towards inclusivity by introducing the gender-neutral honorific 'Mx' ...
Rising claims pose challenge for health insurance sector in India: Jefferies
The health insurance sector in India faced potential challenges due to rising claims and heightened competition, particularly in retail. Con...
Textile exports to reach $65 billion by FY26 and $350 billion by 2030: Invest India
India's textile industry was poised for substantial growth, with projections of textile exports reaching $65 billion by FY26. The domest...
Right to disconnect: Australia allows workers to 'ignore their bosses after work hours'
Australian workers gained the right to ignore work-related contact outside designated hours under new legislation effective from Monday. Pas...
Nikhil Kamath's Zerodha launches 'privacy mode' feature on Kite to prevent overtrading and protect user data
Zerodha introduces Privacy Mode on its trading platform, Kite, to help users secure sensitive information and discourage overtrading. The fe...
Air India launches Vista, its inflight wireless entertainment service
Air India recently introduced a wireless inflight entertainment service named Vista for its wide-body aircraft. This service, powered by Blu...
SEBI bans Anil Ambani & 24 other entities from securities market for 5 years; imposes Rs 25 crore penalty on Ambani
Sebi has penalized Anil Ambani and 24 entities, including former Reliance Home Finance officials, for diverting company funds. Ambani has be...
Krishna Janmashtami 2024 bank holiday: Which states will see a three-day bank holiday from August 24 to August 26? Check List
Beginning Saturday, August 24, 2024, banks in various Indian states will be closed for three consecutive days. This includes closures on the...
Food inflation: RBI remains hawkish
RBI's monetary policy committee, chaired by Shaktikanta Das, maintained a hawkish stance against interest rate cuts, diverging from the ...
Nestlé CEO Mark Schneider to step down after eight years; Laurent Freixe to take over from September
Nestlé CEO Mark Schneider will step down after eight years, to be succeeded by Laurent Freixe, head of the Latin America division, from Sept...
Filed your ITR FY 2023-24 in the last days of July? Your ITR will become invalid by this date if not verified
By July 31, 2024, more than 7.28 crore income tax returns were filed, including 2.28 crore in the closing days of July. It's crucial to ...
Good news for EPFO subscribers! New end-to-end auto processing of claims, UAN-based EPF accounting system in works
The Employees' Provident Fund Organisation (EPFO) is set to launch its upgraded IT system, EPFO IT System 2.01, aiming to improve user e...
More firepower! Indian Army to acquire next-generation advanced 155mm/52 caliber artillery guns for around Rs 7,000 crore
The Indian Army has issued a tender for next-generation artillery guns, seeking 400 systems initially, with demand expected to rise. Private...
Big boost for India’s internet quality! Three large undersea cable projects to expand capacity by more than four times
India is poised to enhance its digital connectivity with three new undersea cable projects set to launch between October and March next year...
Good news for Infosys employees! IT firm gives average 80% performance bonus
Infosys has distributed an average 80% performance bonus for Q1 FY25, significantly higher than the previous quarter's 60%. The bonus pa...
Regulatory failures can have long-term damage to investor confidence, Congress warns amid Sebi row
Congress said that regulatory failures and conflicts of interest could have long-term negative effects on investor sentiment. The party also...
‘Valuations more expensive than Tesla’: Ola Electric stock surges 107% in just 7 days!
Ola Electric's stock has risen 107% from its IPO price, surpassing Tesla's valuation. Several long-term investors have pointed out t...
Infosys ‘Power’ programme offering freshers Rs 9 lakh salary; substantially higher than Rs 3-3.5 lakh entry-level fresher pay
Infosys has launched a 'power programme' in campus placements, offering packages up to Rs 9 lakh per annum. The initiative focuses o...
Oberoi Group on 90th anniversary launches scholarship programme
The Oberoi Group celebrated its 90th anniversary by launching 'The Oberoi Group Scholarship Program' to honor its founders and foste...
Domestic flyers up 5% this year despite higher airfares
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Honda overtakes Hero, market leader, in wholesales
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FM pushes banks to launch deposit mobilisation drive
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ITI Mutual Fund eyes Rs 1 lakh crore AUM in 5 years
ITI Mutual Fund aimed to grow its assets under management to Rs 1 lakh crore in five years, bolstered by India's strong macroeconomic fu...
FPIs turn net sellers; pull out Rs 21,201 crore from equities in August so far
Foreign investors sold Rs 21,201 crore worth of shares in Indian equity markets in August, following continuous inflows in June and July. Th...
Here’s a big leap into use of GenAI in Indian languages
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Tackling illicit financial flows – a key area for UN’s tax framework
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