CATEGORIES

Boost jobs and stick to fiscal goals, economists advise FM

Staying on the path of fiscal consolidation and extending the production-linked incentive scheme to small and medium enterprises, as well as labour-intensive sectors to create jobs and boost consumption, were key suggestions discussed in Finance Minister Nirmala Sitharaman's meeting with economists on Wednesday.

CIL awards underground mines to private players

Contracts given on revenue-share model

GST anti-profiteering cases may be taken up by appellate tribunal

The GST Council in its Saturday meeting might mandate the GST Appellate Tribunal (GSTAT) to adjudicate anti-profiteering cases and introduce \"sunset date\", allowing filing of such complaints only up to April 1, 2025.

GST panel may regularise multiple tax issues

The GST Council is likely to regularise taxation issues arising on a host of goods and services, including the supply of cereals, pulses, flour packets of over 25 kg.

Govt monetised ₹1.56 trn assets, missed FY24 target

The government monetised assets worth under the 1.56 trillion National Monetisation Pipeline (NMP) in 2023-24, lower than the target of 1.8 trillion, an official statement said on Wednesday.

Direct payments may boost deposit insurance coverage

Limits, fintech challenge and climate change remain issues

Upward shift in growth rate a trend after Covid

Strong revival in private investment important for growth: Central bank

RBI seeks applications for NBFC self-regulatory organisations

The Reserve Bank of India (RBI) on Wednesday invited applications for recognition of self-regulatory organisations (SRO) to oversee the non-banking finance companies, saying a maximum of two such entities will get the approval for the sector.

Air India banks on AI to cut call centre costs

Air India's use of artificial intelligence (AI) has had a huge impact on the airline major's call centre volumes and the technology integration has reduced costs by 100 times, a senior company executive said on Wednesday.

Raise women's share in workforce to 25% by 25: DGCA circular

Indian airports and airlines should have at least 25 per cent women at various levels by next year, the Directorate General of Civil Aviation (DGCA) suggested Wednesday while issuing multiple recommendations to them to promote more gender equality in the country's aviation sector.

Looking to evolve into int'l hub in 15 yrs: BIAL

Bengaluru airport is already a domestic hub- a transit point for two domestic services and it expects to evolve into a global hub comparable to airports in Doha and Singapore within the next 15 years, according to Satyaki Raghunath, chief operating officer of Bangalore International Airport (BIAL), in an interview with Business Standard.

India now 3rd-largest domestic airline market; capacity doubles in 10 yrs

India is the third-largest domestic airline market in the world, up from number five position a decade ago, according to analysis based on OAG data.

'Tech capable of improving our living standard'

India is ahead in terms of the artificial intelligence (AI) talent base but the country lags when it comes to the adoption of Generative AI (GenAI) among enterprises, Arundhati Bhattacharya, chief executive officer (CEO) and chairperson, Salesforce India said on Wednesday.

Proxy advisory firm against Singhania as Raymond CMD

A proxy advisory firm has recommended the shareholders of the leading textile and fabric manufacturer Raymond to vote against the reappointment of Chairman & Managing Director Gautam Singhania on the board of the company.

Smart watch sales grew 5x but now slowing: Titan

India's 130-million watch per annum market is witnessing a quiet change.

TaMo to step on price pedal for CVs

Prices to go up by 2% from July 1

SBI to raise up to ₹20k cr to fund infra projects

Fundraise through long-term bonds in the current financial year

Screwvalas' Swades files draft prospectus at SSE

Serial investor Ronnie Screwvala's (pictured) Swades Foundation has filed its fund-raising draft at the Social Stock Exchange (SSE) under NSE aiming to raise 10 crore for specific projects.

Runway to takeoff: How Adani sees economic progress

Adani Group Chairman Gautam Adani lauded the 1991 reforms, initiated during the Congress rule, as the foundation and runway of India's economic progress. He also termed the post-2014 tenure as the \"take-off\".

TaMo's JLR drives up investment to ₹1.9 trn

20% increase till FY28; firm eyes double-digit Ebit of 10% by FY26

Debroy for new official poverty line

India needs a new poverty line to estimate the extent of deprivation in the country, said Bibek Debroy, chairman of the Economic Advisory Council (EAC) to the Prime Minister (PM), on Wednesday.

Vodafone rings in ₹28,500 crore bulk deal day

Telco major sells 18% stake in Indus Towers for ₹15,300 crore

₹76K cr Vadhavan Port project in Maha gets Cabinet approval

₹7,453 cr viability gap fund for offshore wind energy projects okayed

After Bengal crash, Rlys says deploying Kavach on 3K km

A day after the collision of two trains in West Bengal, the Railway Ministry on Tuesday said the implementation of Automatic Train Protection System, also known as Kavach, is going on in a rapid manner on 3,000 route kilometer, and once completed it will help prevent such accidents.

Amazon Extends Grocery Biz To 130+ Cities

E-commerce giant Amazon India announced on Tuesday that it is expanding its grocery business, Amazon Fresh, to over 130 cities, including Ambala, Aurangabad, Hoshiarpur, Dharwad, Una, Suri, and others.

Putin Vows To Support N Korea Against The US

Russian President Vladimir Putin vowed on Tuesday to deepen trade and security ties with North Korea and to support it against the United States, as he headed to the reclusive nuclear-armed country for the first time in 24 years.

GST Council Likely To Address Retro Tax On Online Gaming

Move may give relief to firms facing 1.12 trn in tax demands

Sebi May Tweak Derivatives Trading Rules To Curb Risks

Securities and Exchange Board of India (Sebi) is considering a series of tweaks to its derivatives trading rules, according to two sources, as it seeks to address risks arising from explosive growth in options trading.

Virat Tops Celebrity Rankings With $227.9 Million Brand Value

Cricketer Virat Kohli has reclaimed the top position in brand value, now reaching $227.9 million, surpassing Bollywood star Ranveer Singh, who holds the second spot with $203.1 million, according to Kroll's 'Celebrity Brand Valuation Report 2023: Brands, Business, Bollywood'.

Campus Activewear puts best foot forward

Q4 margin showing; recovery hopes drive gains for footwear major