The potential tax relief is expected to benefit tens of millions of taxpayers, particularly urban residents facing high living costs. A final decision is expected closer to the budget announcement on February 1
Dec, 26th - 06:25 AM 2024 EST
The potential tax relief is expected to benefit tens of millions of taxpayers, particularly urban residents facing high living costs. A final decision is expected closer to th...
Dec, 26th - 06:25 AM 2024 EST
In 2024, legal precedents and IBC reforms transformed India's financial system enhancing asset recovery and streamlining distressed business resolutions
Dec, 20th - 07:25 AM 2024 ESTIn 2024, legal precedents and IBC reforms transformed India's financial system enhancing asset recovery and streamlining distressed business resolutions...
Dec, 20th - 07:25 AM 2024 EST
This week’s market slump eroded Rs 18.5 lakh crore ($223 billion) in investor wealth. The downturn has been attributed to risk aversion in the global markets after the hawkish stance of the US Federal Reserve
Dec, 20th - 06:15 AM 2024 ESTThis week’s market slump eroded Rs 18.5 lakh crore ($223 billion) in investor wealth. The downturn has been attributed to risk aversion in the global markets after the hawki...
Dec, 20th - 06:15 AM 2024 EST
After aggressive rate hikes in 2022 and early 2023 to combat surging inflation fueled by energy and food costs, central banks are increasingly turning their attention to rate cuts to support growth
Dec, 19th - 11:06 AM 2024 ESTAfter aggressive rate hikes in 2022 and early 2023 to combat surging inflation fueled by energy and food costs, central banks are increasingly turning their attention to rate ...
Dec, 19th - 11:06 AM 2024 EST
Aurobindo Pharma, Cipla, Dr. Reddy’s Laboratories, Glenmark, and Sun Pharma are among the top beneficiaries of the schemes, receiving incentives ranging from Rs 150 crore to Rs 330 crore
Dec, 19th - 07:48 AM 2024 ESTAurobindo Pharma, Cipla, Dr. Reddy’s Laboratories, Glenmark, and Sun Pharma are among the top beneficiaries of the schemes, receiving incentives ranging from Rs 150 crore to...
Dec, 19th - 07:48 AM 2024 EST
Widespread weakness across sectors, declining household and government spending, and a shrinking GDP per capita have created difficulties for New Zealand. The downturn pressures policymakers to cut rates further amid hopes of a gradual recovery
Dec, 19th - 06:41 AM 2024 ESTWidespread weakness across sectors, declining household and government spending, and a shrinking GDP per capita have created difficulties for New Zealand. The downturn pressur...
Dec, 19th - 06:41 AM 2024 EST
Vijay Mallya claimed that the Indian banks have recovered more than double the amount owed in the Kingfisher Airlines case and said despite that he is labelled as 'economic offender'. The fugitive businessman also said that he is 'entitled to relief' after Finance Minister Nirmala Sitharaman told the Parliament that PSUs have recovered Rs 14,131.60 crore from sale of assets belonging to him
Dec, 19th - 04:00 AM 2024 ESTVijay Mallya claimed that the Indian banks have recovered more than double the amount owed in the Kingfisher Airlines case and said despite that he is labelled as 'economic of...
Dec, 19th - 04:00 AM 2024 EST
The Indian stock market nosedived as the Sensex tumbled over 1,100 points and the rupee hit a record low of 85.3 against the US dollar. This sharp sell-off was triggered by the US Federal Reserve's hawkish rate cut, signalling fewer reductions in 2025 and fuelling global economic uncertainty
Dec, 19th - 02:10 AM 2024 ESTThe Indian stock market nosedived as the Sensex tumbled over 1,100 points and the rupee hit a record low of 85.3 against the US dollar. This sharp sell-off was triggered by th...
Dec, 19th - 02:10 AM 2024 EST
Wall Street witnessed a major drop after the Federal Reserve announced final cuts before US President-elect Donald Trump comes to power. However, the American central bank warned that there will be fewer cuts in 2025
Dec, 18th - 10:30 PM 2024 ESTWall Street witnessed a major drop after the Federal Reserve announced final cuts before US President-elect Donald Trump comes to power. However, the American central bank war...
Dec, 18th - 10:30 PM 2024 EST
India’s defence sector is growing with small arms production playing a key role in securing borders and boosting its global standing
Dec, 18th - 06:37 AM 2024 ESTIndia’s defence sector is growing with small arms production playing a key role in securing borders and boosting its global standing...
Dec, 18th - 06:37 AM 2024 EST
After mass layoffs and a pivot to A.I., the tech industry has been scaling back on the splashy and quirky benefits it had become known for.
Dec, 16th - 01:44 PM 2024 ESTAfter mass layoffs and a pivot to A.I., the tech industry has been scaling back on the splashy and quirky benefits it had become known for....
Dec, 16th - 01:44 PM 2024 EST
A few years ago, automakers were celebrating record profits as the pandemic caused new car shortages, allowing them to raise prices. Now, the industry is facing a harsh reality, according to a report
Dec, 16th - 07:58 AM 2024 ESTA few years ago, automakers were celebrating record profits as the pandemic caused new car shortages, allowing them to raise prices. Now, the industry is facing a harsh realit...
Dec, 16th - 07:58 AM 2024 EST
Bitcoin surged to a record high above $106,000 on Monday. The cryptocurrency rose more than 50 per cent since Donald Trump's win in the November 5 election and is up 192 per cent for the year. Read more to find the reason for the new spike
Dec, 16th - 01:23 AM 2024 ESTBitcoin surged to a record high above $106,000 on Monday. The cryptocurrency rose more than 50 per cent since Donald Trump's win in the November 5 election and is up 192 per c...
Dec, 16th - 01:23 AM 2024 EST
US District Judge Reed O'Connor of the Northern District Court of Texas noted that prosecutors provided "shifting and contradictory explanations" regarding the role of diversity in the monitor's selection process
Dec, 12th - 02:14 PM 2024 ESTUS District Judge Reed O'Connor of the Northern District Court of Texas noted that prosecutors provided "shifting and contradictory explanations" regarding the role of diversi...
Dec, 12th - 02:14 PM 2024 EST
IBBI has proposed a Creditor-Led Resolution Process, or CLRP, as a new approach to address challenges in corporate insolvency
Dec, 12th - 09:11 AM 2024 ESTIBBI has proposed a Creditor-Led Resolution Process, or CLRP, as a new approach to address challenges in corporate insolvency...
Dec, 12th - 09:11 AM 2024 EST
These positive developments come as India grapples with a seven-quarter low in real GDP growth, which fell to 5.4 per cent in the July-September period, down from 6.7 per cent in the previous quarter
Dec, 12th - 07:34 AM 2024 ESTThese positive developments come as India grapples with a seven-quarter low in real GDP growth, which fell to 5.4 per cent in the July-September period, down from 6.7 per cent...
Dec, 12th - 07:34 AM 2024 EST
A recent survey by Ficci and Quess Corp Ltd has reported the private sector profit at a 15-year high but found the growth in salaries has been meagre or negative. The report is being discussed by the government
Dec, 12th - 04:43 AM 2024 ESTA recent survey by Ficci and Quess Corp Ltd has reported the private sector profit at a 15-year high but found the growth in salaries has been meagre or negative. The report i...
Dec, 12th - 04:43 AM 2024 EST
The Indian rupee weakened to a low of 84.88 to the US dollar, down 0.04 per cent on the day. The currency was quoted at 84.8750
Dec, 12th - 01:31 AM 2024 ESTThe Indian rupee weakened to a low of 84.88 to the US dollar, down 0.04 per cent on the day. The currency was quoted at 84.8750...
Dec, 12th - 01:31 AM 2024 EST
China is considering allowing its currency yuan to weaken in 2025 as the country braces for higher US trade tariffs as Donald Trump returns to the White House on January 20, 2025
Dec, 12th - 01:05 AM 2024 ESTChina is considering allowing its currency yuan to weaken in 2025 as the country braces for higher US trade tariffs as Donald Trump returns to the White House on January 20, 2...
Dec, 12th - 01:05 AM 2024 EST
President-elect Donald Trump has made tackling inflation and reducing the cost of living a cornerstone of his campaign. However, the recent uptick in inflation suggests the road ahead may be more complex than anticipated
Dec, 11th - 12:29 PM 2024 ESTPresident-elect Donald Trump has made tackling inflation and reducing the cost of living a cornerstone of his campaign. However, the recent uptick in inflation suggests the ro...
Dec, 11th - 12:29 PM 2024 EST
According to latest Noble & Co Whisky Intelligence Report, the whisky market is experiencing an extremely sharp downturn, with auction values and transaction volumes plummeting to new lows
Dec, 11th - 06:00 AM 2024 ESTAccording to latest Noble & Co Whisky Intelligence Report, the whisky market is experiencing an extremely sharp downturn, with auction values and transaction volumes plummetin...
Dec, 11th - 06:00 AM 2024 EST
Sanjay Malhotra took charge as the 26th Governor of Reserve Bank of India (RBI). He assumes the crucial post at a very critical juncture, where growth and inflation balance has 'unsettled' as per his predecessor Shaktikanta Das
Dec, 11th - 03:48 AM 2024 ESTSanjay Malhotra took charge as the 26th Governor of Reserve Bank of India (RBI). He assumes the crucial post at a very critical juncture, where growth and inflation balance ha...
Dec, 11th - 03:48 AM 2024 EST
Shaktikanta Das’s tenure as RBI governor ended today. As he bid adieu to the most challenging role, we took a look at some of his big decisions that helped the Indian economy to perform better despite hurdles
Dec, 10th - 06:06 AM 2024 ESTShaktikanta Das’s tenure as RBI governor ended today. As he bid adieu to the most challenging role, we took a look at some of his big decisions that helped the Indian econom...
Dec, 10th - 06:06 AM 2024 EST
Revenue Secretary Sanjay Malhotra is all set to succeed Shaktikanta Das as the Reserve Bank of India (RBI) governor. As Malhotra begins his three-year tenure begins tomorrow, a look at three big challenges that he will face as India’s central bank head
Dec, 10th - 02:01 AM 2024 ESTRevenue Secretary Sanjay Malhotra is all set to succeed Shaktikanta Das as the Reserve Bank of India (RBI) governor. As Malhotra begins his three-year tenure begins tomorrow, ...
Dec, 10th - 02:01 AM 2024 EST
"We require a commitment from these Countries that they will neither create a new...Currency, nor back any other Currency to replace the mighty U.S. Dollar," Trump wrote on Truth Social
Dec, 7th - 01:52 PM 2024 EST"We require a commitment from these Countries that they will neither create a new...Currency, nor back any other Currency to replace the mighty U.S. Dollar," Trump wrote on Tr...
Dec, 7th - 01:52 PM 2024 EST
The popular video-sharing app is expected to appeal the ruling to the Supreme Court while seeking support from Trump, who has become an unlikely ally in opposing the ban
Dec, 6th - 12:45 PM 2024 ESTThe popular video-sharing app is expected to appeal the ruling to the Supreme Court while seeking support from Trump, who has become an unlikely ally in opposing the ban...
Dec, 6th - 12:45 PM 2024 EST
European nations appear to be using the garb of genuine issues like environmental protection and labour rights to maintain a degree of protectionism to safeguard their own economic interests in the EU-Mercosur deal
Dec, 5th - 01:25 PM 2024 ESTEuropean nations appear to be using the garb of genuine issues like environmental protection and labour rights to maintain a degree of protectionism to safeguard their own eco...
Dec, 5th - 01:25 PM 2024 EST
OPEC+ members are holding back 5.86 million barrels per day of output, or about 5.7% of global demand, in a series of steps agreed since 2022 to support the market
Dec, 5th - 07:41 AM 2024 ESTOPEC+ members are holding back 5.86 million barrels per day of output, or about 5.7% of global demand, in a series of steps agreed since 2022 to support the market...
Dec, 5th - 07:41 AM 2024 EST