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Jaishankar, Lavrov talk of bilateral ties
External Affairs Minister S Jaishankar on Friday met his Russian counterpart Sergey Lavrov and leaders from South Korea, Japan, Singapore, Laos and others and discussed various aspects of bilateral collaboration, including education and agriculture technology.
Excluding food from RBI's inflation framework may not have many takers
Excluding food inflation from the Reserve Bank of India's (RBI's) inflation-targeting framework, an idea the Economic Survey has floated, has not found favour with most economists and central-bank watchers.
TDS reduction for life insurance payouts draws mixed reactions
The reduction in tax deducted at source (TDS) for life insurance payouts has evoked mixed reactions within the industry with some firms expecting that it may lead to a spike in policy sales while others expressing doubt over any material change in business.
SGBs set to power agri-solar, green H2, metro rail projects
Energy infra ministries have sought ₹32,000 crore for funding green energy, energy transition and transit-development projects through sovereign green bonds (SGBs).
After paints, Aditya Birla group forays into 6.7 trn jewellery retail
The Aditya Birla group on Friday launched the jewellery brand Indriya, announcing its foray into India's ₹6.7 trillion jewellery market.
Vedanta chief for privatising gold mines to boost output
Anil Agarwal, chairman of metals major Vedanta group, has called for the sale of government stake in Bharat Gold Mine and Hutti Gold Mine so as to increase production of the yellow metal in the country.
Maran case: SC reliefto SpiceJet
Top court sends back dispute to single-judge Delhi HC Bench
e2W, 3W makers may face retest for FAME-III scheme
Re-certification needed for all models; EMPS may be extended for two more months
Steel Inc in talks with govt for level field, says Jindal
The steel industry is in talks with the government for a level playing field as it works to keep up with demand amid the challenge of cheap imports, said Sajjan Jindal, chairman and managing director of JSW Steel, on Friday.
US, India biz lifts Cipla Q1 profit 18%
India's third largest pharma company Cipla reported 18.27 per cent year-on-year (Y-o-Y) rise in its net profit during the first quarter of 2024-25 (Q1FY25).
Samina Hamied steps down from board
Cipla on Friday said that Samina Hamied (pictured), non-executive director of the company, has tendered her resignation from the board with effect from October 2024 due to \"personal and family commitments.
ITC will invest ₹20,000 crore in 5 years, says Puri
ITC will invest €20,000 crore over the next five years as it has \"unwavering confidence\" in India's economic growth, said Sanjiv Puri, chairman and managing director, on Friday.
IndiGo profit falls for first time in 7 quarters
However, June quarter profit of ₹2,728 cr still its second highest
Mankind Pharma to lead in Indian women's health market after BSV deal
Deal opens doors to overseas markets with low competition
Banks may see 4-11% impact on earnings
The Reserve Bank of India's draft norms proposing an additional 5 per cent \"run-off” for retail deposits in the liquidity coverage ratio (LCR) calculations threaten to slice bank earnings by 4-11 per cent as lenders will have to decelerate loan growth while taking measures to bolster sluggish deposit growth by offering higher interest rates, according to according to analysts.
August Rush: Airfares fly as long holiday week drives demand
The average economy-class fare on major routes in the country around the long Rakshabandhan weekend in August has jumped by up to 46 percent amid high demand.
₹1.9 trn share sales via IPOs over six years in LTCG tax crosshairs
Secondary share sales worth ₹1.9 trillion mobilised via initial public offerings (IPOs) since April 2018 could now be assessed for potential evasion of long-term capital gains (LTCG) tax.
iPhones now cheaper by up to ₹5.9K after Budget's duty relief
Apple Inc on Friday reduced the prices of iPhones by up to 5,900 across the board.
Sensex, Nifty shrug off 5-day losses, extend winning streak to 8 weeks
Following five consecutive sessions of losses, the Indian benchmark indices staged a robust rally on Friday, bolstered by a reversal in foreign outflows and a softening in the global sell-off.
Axis Bank stock in wait and watch mode
Analysts suggest investors add exposure to stock after muted Q1 results
L&T may outperform guidance after strong Q1
L&T surprised on the upside of consensus due to stronger-thanexpected growth overseas.
Markets extend losses for 5th session; metal stocks a drag
Equity market benchmark indices Sensex and Nifty stayed on the back foot for the fifth straight session on Thursday as investors offloaded metal, banking and finance stocks amid a lacklustre trend in global markets.
Akums Drugs sets IPO price band at ₹646-679
Akums Drugs and Pharmaceuticals on Thursday set a price band of ₹646-679 per share for its upcoming initial public offering (IPO) that opens for subscription on July 30 and closes on August 1.
Gold, overseas ETFs may get the tax edge
These assets may qualify for 12.5% LTCG taxation in 12 months
Budget bowls tax googly at SWFs, pension funds
Takes away special exemption which was extended by a year in Interim Budget
India may have dengue vaccine by 2026: IIL
India may have a dengue vaccine by 2026, said a top executive of vaccine manufacturer Indian Immunologicals (IIL), as several players have joined the race to develop the country's first vaccine against the mosquito-borne disease that claimed 485 lives last year.
Hackers eye 'gold' as millions flock to Paris
Millions will be flocking to Paris where Olympics will be held over the next 16 days, beginning Friday.
Game, set, match. Now for medals
India hopes for its best ever tally in Paris Olympics, which opens today
BSNL plans 5G rollout in 2025
State-owned telecom operator Bharat Sanchar Nigam Limited (BSNL) is planning to begin 5G services in the country by early next year, officials said.
Canara Bank profit grew 10.5% in June qtr
Public sector lender Canara Bank's net profit grew 10.5 per cent yearon-year (Y-o-Y) to ₹3,905 crore in the quarter ended June (Q1FY25) backed by non-interest income, such as fees and recoveries.