CATEGORIES

Towards a good and simple tax

Despite making gains, next-generation reforms are required to expand and streamline the GST

Tesla's share of US electric car market slipped below 50% for first time

Tesla's once-commanding share of the market for electric vehicles in the US slipped below 50 per cent in the second quarter of the calender year even as sales of batterypowered cars surged to a record, according to estimates published Tuesday by a research firm.

China launches probe in response to EU trade barriers

China is investigating whether the European Union's spate of actions against the world's number 2 economy constitute an illegal barrier to free trade, as the two blocs edge another step closer to a trade war.

Nato lambasts China over Russia support

Ukraine can and will stop Putin: Biden

Be part of India's stellar growth story: PM to Austrian companies

Prime Minister Narendra Modi on Wednesday invited Austrian companies to invest in India as he highlighted the potential for bilateral collaborations in infrastructure, energy, emerging technologies and other sectors.

SBI raises ₹10,000 cr through infra bonds

State Bank of India (SBI), country's largest lender, has raised ₹10,000 crore at a coupon of 7.36 per cent through 15-year infrastructure bonds, the bank said in a statement on Wednesday.

Big players missing, corp bond issuances drop 36%

Uncertainty over election results and Budget contributed to fall in April-June

Divorced Muslim women can seek maintenance: SC

The Supreme Court on Wednesday ruled that a Muslim woman can seek maintenance from her husband under Section 125 of the CrPC and said the \"religion neutral\" provision is applicable to all married women irrespective of their religion.

First Abu Dhabi, Mitsubishi in race for Yes Bank's $5 bn stake

First Abu Dhabi Bank PJSC is among potential suitors for a roughly $5 billion stake in Yes Bank, according to sources.

Pvt life insurers hike term policy premium

Major private sector life insurance companies, including HDFC Life, ICICI Prudential, Bajaj Allianz and Max Life Insurance, have increased their term insurance premiums by 4-7 per cent in response to moderation in bond yields, inflation concerns, and adjustments in reinsurance rates, according to industry sources privy to the development.

Goyal to meet Swiss investors to work on $100 billion FDI pact

Commerce and Industry Minister Piyush Goyal is set to travel to Switzerland on Sunday (June 14) to meet investors, in line with the $100 billion investment commitment under the India-European Free Trade Association (EFTA) trade deal signed earlier this year.

Telecom trade deficit has dipped:Scindia

The trade deficit in the telecom sector has reduced to ₹4,000 crore over the last five years, down from ₹68,000 crore earlier as a result of the production linked scheme (PLI), Jyotiraditya Scindia said on Wednesday.

With TPG on board, Altimetrik on track to become $1 bn firm

With private equity player TPG Capital acquiring a 60 per cent stake in pure-play digital business firm Altimetrik, it indicates the growing appetite for IT and product engineering firms among investors.

Vedanta demerger plan now at NCLT door, says Agarwal

Sharing an update on Vedanta's demerger, company chairman Anil Agarwal (pictured) told shareholders that the plan is on the National Company Law Tribunal's (NCLT's) table for approval.

Jio, Airtel may report 10% growth for June qtr

Consistent rise in mobile business, subscriber gains to help the two telcos

Bridges on the brink: Tendering, design faulted for collapse

Road ministry officials say central bridge projects perform better than state ones due to stricter checks and balances

Sidbi to tap postmen to support small entrepreneurs

Metros and big cities may now be off the map for them, but humble postmen still know villages like the back of their hands.

Solo enterprises increased by 6.5 mn in 12 yrs

The number of Own Account Enterprises (OAEs), which are run solely by the owners and do not employ hired workers, rose by 6.5 million to 55.3 million between 2010-11 and 2022-23, a comparison of the latest Annual Survey on Unincorporated Sector Enterprises (ASUSE) data released by National Statistical Office (NSO) with the 67th National Sample Survey (NSS) round showed.

CIL firms up gasification plans in tie-up with BHEL

JV to produce 660,000 tonnes ammonium nitrate from Coal India's mines

Heritage Foods looks East for expansion

Heritage Foods is spreading its footprint in the East in sync with its ambition to become a pan-Indian private dairy company.

OEMs can now claim EV incentives twice a month

The government has taken a slew of steps to boost the sales of electric two-wheelers and three-wheelers under its Electric Mobility Promotion Scheme (EMPS) 2024, which includes allowing manufacturers to upload claims twice a month and gives them a 120-day window to submit it.

Mobility players drive 18% car sales in FY24

There is a quiet shift in the country's domestic passenger car segment, with mobility players, including car aggregators like Ola and Uber, fleet service providers, and taxi owners, now accounting for 18 per cent of total sales in 2023-24 (FY24) in the 4.2 million-plus market.

After Bajaj, TVS may roll out CNG bike

After Bajaj Auto recently launched the world's first CNG motorcycle, the Bajaj Freedom 125, more players are betting big on alternative fuels, with industry majors like TVS Motor keen on CNG itself.

Medium & heavy CV, bus sales power through 01

H2FY25 expected to see demand revival as monsoon ends

Bansal appointed CEO of Paytm PB

Paytm Payments Bank, an associate entity of One97 Communications (OCL) which operates brand Paytm, has appointed Arun Kumar Bansal as managing director and chief executive officer (CEO).

FPI assets: Ireland pips Mauritius for 4th spot

Mauritius, once among the leading destinations for foreign portfolio investors (FPIs) routing funds into India, has now slipped to the fifth position, behind Ireland, in terms of assets under custody (AUC) as on June 30.

Deeply committed to reforms; pained by EV sales drop: Goyal

Commerce and Industry Minister Piyush Goyal on Wednesday expressed the government's commitment to staying on the reform path while addressing concerns of the common man.

On Budget table: 100% MSP for oilseeds, pulses

Govt likely to tweak PM-AASHA

Biden Seeks Rebound As Key Nato Summit Begins

US President will use the stage to convince allies that he can still lead

Paint stocks await fresh coat after lacklustre Q4

Rerating some time away, no immediate trend reversal: Analysts