CATEGORIES

IT'S TIME TO INDEX INDIA'S TAX SYSTEM AGAINST INFLATION

One of the big stories of the Indian economy has been the sharp increase in personal income tax collections.

WHY MAJETY MARCHES TO A DIFFERENT BEAT

Swiggy, which will list on Wednesday, needs its idea-driven founder to steer it towards profitability

Spouse's rental income: Taxation rules for NRIs

My wife and I are NRIs. She owns a residential property in India which she rented out. She requested the tenant to credit a month's rent to my NRO account instead of hers since I'm due to visit India and can use the funds for local expenses.

Govt clarifies on National Savings Scheme

The government, on Saturday, clarified that interest on the national savings scheme (NSS) was applicable till 30 September.

Britannia misses Q2 profit estimates

Biscuit maker Britannia Industries posted a smaller-than-expected second-quarter profit on Monday, hurt by weaker demand for consumer goods, particularly in urban areas amid high inflation.

ONGC records 25% dip in Q2 net profit

Oil and Natural Gas Corp. Ltd (ONGC), which announced its July to September quarter results on Monday, recorded a 25% fall in net profit at ₹10,272.5 crore.

Zetwerk may raise $1 bn in Indian IPO

Zetwerk Pvt. Ltd, a supply chain startup, is considering fundraising options including an initial public offering that may help it raise as much as $1 billion, according to people familiar with the matter.

Radisson Hotel eyeing expansion

Radisson Hotel Group is aiming to have 200 properties in India by 2027 and increase presence in new tourist centres as well as business locations in tier-II and -IV cities, a top company executive has said.

Integrated Air India-Vistara entity to operate first flight today

The integrated entity of Air India and Vistara is scheduled to operate its first flight from Doha to Mumbai at 12.15 am on Tuesday, according to a source.

Ambuja seeks CCI nod on Orient stake

Gautam Adani-led Ambuja Cements has sought approval from the Competition Commission of India (CCI) to acquire a majority stake in CK Birla group firm Orient Cement Ltd in a ₹8,100 crore deal.

Rustomjee may top ₹3k cr pre-sales aim

Keystone Realtors Ltd, or Rustomjee Group, expects to surpass its FY25 ₹3,000 crore pre-sales target on the back of growing demand in the micro markets where the group is launching new projects.

Russian fuel oil flow to India jumps in Oct

India and Saudi Arabia were the top destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in October, traders said and LSEG data showed.

Sanjiv Khanna takes Oath as 51st Chief Justice Of India

The chief justice's tenure will span a little over six months, concluding on 13 May.

Amul to enter Europe by Nov-end

Amul will enter the European market by the end of this month after launching products in the US, the Gujarat Cooperative Milk Marketing Federation (GCMMF) managing director Jayen S. Mehta said on Monday.

Shree Cement tops Q2 profit estimate

Shree Cement topped second-quarter profit estimates on Monday, as higher-than-expected sales volumes helped mitigate low prices of cement.

China struggles to shake off deflationary pressures as consumer prices edge higher

China's GDP deflator, a broad gauge of price levels, has been in negative territory for six quarters

Trump's transition effort kicks into high gear

Next up, national security and economic positions are expected to be the focus

America's strengthening dollar will rattle the rest of the world

In 1971 John Connally, then the American treasury secretary, told his European counterparts that the dollar was \"our currency, but your problem\".

ITC Foods, AIPA ink 5-year deal to popularize pickleball in India

In India, the sport has seen 275% growth in active players in 3 years, and is projected to cross 1 million mark by 2028

Filmmakers turn to pre-release tests as box office flops rise

Each research effort serves a specific purpose at different stages of production to identify viewer preferences

Pricey phones fail to sparkle

Samsung, OnePlus see sales of premium smartphones fall this festive season as buyers cite lack of innovation

After raids, ED to summon Amazon, Flipkart officials

Raids were triggered by a probe that found the platforms had end-to-end inventory control

Duolingo's GenAI video call in India soon

Duolingo hopes to boost monetization with this addition as users are more likely to pay for the feature

India's small towns relish big-city tastes

This trend will drive the next wave of investments, says Fireside's Basu

Vedanta to invest $500 mn in AvanStrate

Tokyo-based AvanStrate is looking to bolster its R&D, manufacturing capabilities and product offerings

Blue chips may rise again as small- and mid-caps overheat

Large-cap stocks provide greater stability and are less vulnerable to market corrections, experts say

Maruti Suzuki joins rivals in safety race

In a surprise pivot, Maruti Suzuki India Ltd that had been loath to voluntarily sending its vehicles for crash testing recently put forward its new Dzire sedan for the Global New Car Assessment Program's (GNCAP) crash test.

Page Industries may find it tough to replicate Q2 success

Page Industries Ltd's investors seem confident after its September quarter (Q2FY25) results beat expectations.

Smooth road for Tata Motors?

Operating leverage is a double-edged sword, and Tata Motors Ltd illustrates this well.

SC junks Sebi's fine on Mukesh Ambani

The Supreme Court on Monday dismissed a plea by the Securities and Exchange Board of India (Sebi) to impose a ₹25 crore penalty on Mukesh Ambani, chairman and managing director of Reliance Industries Ltd (RIL), over alleged share manipulation involving Reliance Petroleum Ltd (RPL) in November 2007.