CATEGORIES

Balasore train crash probe: CBI arrests three railway staff

IN THE FIRST such arrests in recent years, the Central Bureau of Investigation (CBI) on Friday arrested three railway employees in connection with the June 2 train accident involving Coromandel Express and two other trains in Odisha's Balasore district, in which 293 people were killed.

Govt to engage with retailers on toy sourcing

THE GOVERNMENT WILL engage with top global manufacturers and retailers on Saturday to discuss ways to make India a sourcing destination for toys.

PM launches work on key economic corridors in Raipur

PRIME MINISTER NARENDRA Modi on Friday inaugurated the work on two key economic corridors in Raipur that will connect the capital city of Chhattisgarh with Visakhapatnam and Dhanbad.

Plans afoot for 100% green H2 rule for key industries

THE GOVERNMENT IS likely to set mandates for industries like fertilisers, refineries and steel to use green hydrogen for the whole of their energy needs.

McDonald's sees red on tomato price hike, takes it off menu

THE SPIKE IN tomato prices to almost ₹150-160 a kg has an unintended consequence: The fast-food and restaurant industry is considering to cut back on use of the vegetable to manage supply chain costs.

Gati Shakti: Nod to ₹15,683-cr projects

THE NETWORK PLANNING Group (NPG) of the PM Gati Shakti Master Plan on Friday approved five highway projects worth ₹15,683 crore in four states, a senior official said. With this, the number of projects that has been approved by NPG so far touched 85,at investments of ₹5.4 trillion, special secretary (logistics), Department for Promotion of Industry and Internal Trade, Sumita Dawra said after the 51st meeting of the group.

Sebi raises mutual fund trustees' accountability

THE SECURITIES AND Exchange Board of India (Sebi) on Friday issued a detailed circular, which will put the onus on mutual fund (MF) trustees to protect unitholders' interests.

Reliance Retail valued at ₹7.4-7.7 trn by EY, BDO

RIL sets buyback price of subsidiary's shares at ₹1,362 apiece

Unlisted stocks see their own bull rally

SEVERAL SCRIPS ROSE 15-27% IN 2 MONTHS

Congress message to Raj unit: Unity first, no CM name before elections

THE CONGRESS HIGH command is learnt to have assured Sachin Pilot that it will direct the Ashok Gehlot government to act on his three demands, including a probe into alleged corruption cases against the previous Vasundhara Raje regime in Rajasthan, and warned against leaders speaking outside party forums.

Gender parity, equality before law to shape UCC

For uniformity, Code may be a string of tweaks in personal laws

Infy opens arm in Canada, to increase headcount to 8,000

The Canadian subsidiary announcement is the latest development in a series of investments made by Infosys, which has expanded the employee count to over 7,000

TCS plans to train 25,000 engineers on Azure AI

To launch its new generative AI offering on Cloud

ICEA flags high tariffs on inputs in electronics

'Bring down import duties to achieve $300-bn output'

Ensure loans to farmers: FM tells PSBs

FOCUS ON FAIR AND TRANSPARENT RECOGNITION OF NPAs

Higher GST may inflate gaming fee, impact winnings: Industry

AS THE GOVERNMENT is mulling a Goods and Service Tax rate for online gaming at 28%, gaming companies believe that the higher tax regime will not only hit their business but will also be a dampener for those who take part in gaming. The companies will have no option but to pass on the additional tax burden to the gamers, implying an increase in the platform fee and reduced winning amount.

Niti to examine viability of UDAN

NITI AAYOG IS evaluating the viabiliy of UDAN (regional connectivity scheme) routes in the absence of viability gap funding by the government and floated a request for proposal (RFP) to engage a consultancy firm for the same.

F&B at cinemas: GST may be cut to 5% from 18%

22% cess to apply on MUVs and XUVs similar to SUVs

After toys, quality standards for household goods soon

Daily use electrical items on list, move to curb Chinese imports

Monsoon nears normal range as deficit now at 5%

NEXT 48 HOURS MAY TAKE IT TO 96-100% OF LPA

Ahead of GST meet, rift wide open on online gaming tax

A DEEP DIVIDE among the states is threatening to make it harder for the Goods and Services Tax (GST) Council to decide on a revised tax structure for the thriving online gaming sector as it meets here on July 11.

Adani Green to raise ₹12,300 crore

ADANI GREEN ENERGY (AGEL), the renewable energy arm of Adani Group, has received board approvals to raise up to ₹12,300 crore by way of Qualified Institutional Placement (QIP) of shares or other instruments.

Google: CCI favoured Amazon

GOOGLE HAS ACCUSED antitrust body Competition Commission of India (CCI) of ordering changes to its business model \"only to protect\" rival Amazon, which complained about its struggles to develop a modified version of the Android system due to Google's restrictions, legal papers show.

Domestic demand strong: Govt

External factors may however challenge FY24 outlook

Singapore court clears runway for Go takeoff

P&W ASKED TO SUPPLY 5 ENGINES A MONTH

Zuckerberg Is In Hot Water In China, Again

Meta was in talks with Tencent to sell the Quest VR headset

Singapore to change tax rules that attracted the super rich

THE MONETARY AUTHORITY of Singapore will change the tax incentives it gives to single-family offices in an effort to boost the hiring of locals and investment in the country's equity markets.

ESG rating service providers will have to get Sebi's certification

MARKETS REGULATOR SEBI notified the rules for ESG ratings providers (ERPs) on Wednesday.

Russia, Ukraine accuse each other of plotting attack on nuclear plant

UKRAINE AND RUSSIA accused each other Wednesday of planning to attack one of the world's largest nuclear power plants, but neither side provided evidence to support their claims of an imminent threat to the facility in southeastern Ukraine that is occupied by Russian troops.

Tesla tests the limits of Musk's minimal model strategy

THERE WAS A lot to like in Tesla's latest quarterly numbers. The carmaker delivered roughly 18,000 more vehicles than analysts were expecting, and over 43,000 more than in any previous quarter.