CATEGORIES

Easing the burden: Positive reforms and solutions to Angel Tax issue

The guidelines governing share valuation have played a pivotal role in reducing confusion and enhancing transparency. To safeguard interests and enforce due diligence, measures have been implemented to differentiate authentic investors from fraudulent enterprises.

IMF projects slow global growth amid economic slowdown

The International Monetary Fund (IMF) has recently issued a sobering projection, revealing that global economic growth is expected to remain at a sluggish 3.0 percent in 2023, with a further decline to 2.9 percent in 2024.

World Bank's Resilient Asia Program boosts climate resilience

In an effort to address the formidable challenges of climate change and enhance environmental resilience in South Asia, the World Bank has initiated the Resilient Asia Programme (RAP).

Sri Lanka extends Lanka IOC's petroleum license

Officials announced on Monday that the SriLankan government has extended the petroleum products license for Lanka IOC, the Indian Oil Corporation’s local subsidiary, for an additional 20-year period.

SINGAPORE WITNESSES SHARP RISE IN INDIAN TOURISTS

According to government data, there has been a 15.5 per cent increase in Indian tourist arrivals, with 792,935 visitors in the first nine months of this year compared to the same period last year

HEXAWARE'S AMAZEⓇ FOR APPS TRANSFORMS CLOUD & DATA MODERNIZATION

Early users of Amaze® for Apps include the financial services sector, according to Srinivasan Panchapakesan, Corporate Vice President of Hexaware

RIL predicts strong global oil demand on transportation fuels

Reliance Industries Limited (RIL) stated that the demand for oil is predicted to reach 102.7 million barrels per day (bpd) in 2024, with a robust increase driven by the use of transportation fuel.

L&T Secures significant orders in this quarter

L&T Construction declared that during the current quarter, its Power Transmission & Distribution division has secured significant contracts both in India and abroad.

Fincare SFB to merge with AU Small Finance Bank

Fincare Small Finance Bank (Fincare SFB) and AU Small Finance Bank (AU SFB) are scheduled to merge. The merger is contingent on receiving all required clearances.

Diesel buses from other states banned from entering Delhi-NCR

In response to the deteriorating air quality in Delhi, the Environment Minister, Gopal Rai, announced on Monday that all diesel buses coming from other states to Delhi-NCR will be banned from entering the city, effective from November 1.

Trident Realty invests Rs 700 cr in Panchkula housing project

Delhi-based real estate developer Trident Realty has unveiled plans to invest Rs 700 crore in the development of more than 400 luxury independent floors in Panchkula.

Delhi-NCR's office rents among costliest

Delhi-NCR has secured the sixth position among Asia-Pacific’s prime office markets for the July-September period, with an annual occupancy cost of $78.4 per square foot, according to a report by real estate consultant Knight Frank.

SECL coal dispatch at record 100 MT, up 17.5%

South Eastern Coalfields Limited (SECL), a subsidiary of Coal India, proudly announced its significant achievement of surpassing 100 million tonnes of coal dispatched for the current fiscal year

INDIA AIMS TO BECOME A $30 TRILLION ECONOMY BY 2047

The vision document will outline the institutional and structural changes/reforms that will be needed for the country to become a developed nation by 2047

India looks at GCCEM to drive cooperation on intelligence sharing, curbing illicit trade

India has called for maintaining balance between enforcement and trade facilitation for ease of trade while increasing competitiveness and for intelligence sharing and increased collaboration amongst international agencies as a global drive to create deterrence to illicit trade and transnational syndicates gets a fresh momentum under India’s G20 Presidency

INTERGOVERNMENTAL COOPERATION KEY TO CRACKING DOWN ON SMUGGLING MASTERMINDS

At the Global Conference on Enforcement Matters organized by the DRI, Sitharaman acknowledged the enduring presence of smuggled goods like precious metals, narcotics, and natural resources

Pakistan's defeat & Taliban's joy

After defeating Pakistan in the Cricket World Cup, Afghanistan celebrated as though they had defeated the enemy

‘NO LEGAL AUTHORITY TO REGULATE POLITICAL ALLIANCES’: EC TO DELHI HC ON PLEA CHALLENGING INDIA ACRONYM

The Election Commission (EC) informed the Delhi High Court that it lacks the legal authority to regulate “political alliances” in response to a petition challenging a coalition of 26 political parties’ use of the acronym INDIA.

2024 ELECTION IGNITES HARYANA'S UNMARRIED MEN AND WIDOWERS

The excitement of 2024 elections is affecting all the political parties as well as various sections of the society

INLD Leader Abhay Chautala vows to bring SYL water if party gains power in Haryana

INLD Principal General Secretary and MLA Abhay Chautala said regarding SYL that if INLD forms the government in Haryana, they will bring water from SYL by putting pressure on the Central and Punjab governments.

Ambiguity persists over Haryana's DGP Shatrujeet Kapoor's Additional Charge as DG, Anti-Corruption Bureau

It has been seven weeks since Shatrujeet Singh Kapoor, then Director-General,  AntiCorruption Bureau (ACB) (formerly State Vigilance Bureau-SVB) got appointed as Director-General of Police (DGP), Haryana (Head of Police Force- HoPF)  vide Home Department Order bearing No. 2/2/2023-2HG-1 dated 16 August 2023.

Indian pharma, healthcare deals surge 298% YoY

According to the Grant Thornton Bharat Pharma and Healthcare Dealtracker, deals in the Indian healthcare and pharma sector surged by a remarkable 298 percent during the third quarter of 2023 compared to the same period in the previous year.

TOP 10 FIRMS LOSE RS 1.93 LAKH CRORE IN MARKET CAP

TCS and HDFC Bank faced the largest losses in market valuation while HDFC Bank’s market capitalization declined by Rs 40,562.71 crore to Rs 11,14,185.78 crore. Reliance Industries Limited and Infosys also experienced significant valuation declines

FPIs sell Rs 20,300 cr in stocks, buy Rs 6,080 cr in debt

Foreign Portfolio Investors (FPIs) have withdrawn more than Rs 20,300 crore from Indian equities in the current month, primarily due to a significant increase in US Treasury yields and the uncertain environment stemming from the IsraelHamas conflict. However, there’s an interesting twist when it comes to FPI activity in the Indian debt market, as data from depositories reveals that they’ve infused Rs 6,080 crore into the debt market during the same period.

India will require 22 million workers with 5G skills

India is poised to face a growing demand for skilled workers in the 5Gfocused industries, with a requirement for approximately 22 million such workers by 2025

Modi government made fun of public: Cong Prez Kharge

On Sunday, Congress national president Mallikarjun Kharge took a dig at the ruling Bhartiya Janata Party (BJP, alleging that the latter “made fun” of the public over the reported inflation in the country

Cypher case: Islamabad court allows Pak police get to interrogate Imran Khan in jail

A special court in Islamabad has given the green light to Rawalpindi police to interrogate Pakistan Tehreeke-Insaf (PTI) Chief Imran Khan and Vice Chairman Shah Mahmood Qureshi, who are lodged in Adiala Jail in connection with the May 9 riots case.

MP assembly Elections: Congress Moves Election Commission against CM Chouhan, PM Modi

A Madhya Pradesh Congress delegation has filed a complaint to the state election commission against Chief Minister Shivraj Singh Chouhan and Prime Minister Narendra Modi for delivering a political speech at a government program in Chitrakoot.

BPCL profits soar to record Rs. 19,052 Crores

Bharat Petroleum Corporation Limited (BPCL), a prominent player in India’s energy sector, has achieved a significant financial milestone by reporting its highest-ever half-yearly profit of Rs. 19,052 Crores for the fiscal year 2023-24

No need to visit Karnataka to see Cong govt failures’: BRS leader Rama Rao

Hitting back at Karnataka Deputy Chief Minister D K Shivakumar’s invitation to witness implementation of poll promises in his state, BRS working president K T Rama Rao said there was no need to go there to see their “failures”.