Pakistan की economy से बड़ा हुआ Tata Group
4 months, 2 weeks ago
Read MoreZomato CEO Deepinder Goyal's 'Model' wife
4 months ago
Read MoreNew Delhi, Nov 16. Gold prices rose by Rs 320 to Rs 53,449 per 10 grams in the national capital on Wednesday in line with firm global trend and depreciation in the rupee, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 53,129 per 10 grams. Silver, however, dropped Rs 125 to Rs 62,682 per kg. Source: PTI
1 year, 8 months ago
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Airtel 5G: The demand for 5G is gaining popularity in India and various smartphone makers have already launched an array of 5G-enabled smartphones in India across budget segments. Telecom operators have already commenced rollout of 5G services in India. 5G stands for 5th Generation mobile internet and network services. It is the successor of 4G and has capabilities to create possibilities like never before including superfast downloads and high-quality streaming. Airtel has commenced its 5G services in some cities last month and now it has launched its high-speed service in Gurugram as wel…
1 year, 8 months ago
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Mumbai, Nov 19. Air India will be introducing premium economy class in some of its long haul international flights next month, its chief Campbell Wilson said on Saturday as the Tata group-owned airline works on ways to expand its market share as well as the global network. In his speech at an event by the JRD Tata Memorial Trust here, Wilson said the airline will increase its market share to at least 30 per cent in domestic and international routes. The airline is implementing a long-term revival plan and over the next five years, it aims to grow its wide-body and narrow-body fleet as …
1 year, 8 months ago
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New Delhi, Feb 2 Billionaire Gautam Adani has said the decision to withdraw a fully subscribed share sale of the flagship firm of his group was primarily because of volatility in the market. Adani Group company stocks have lost over USD 90 billion in value since a US short seller made damning allegations. Adani Enterprises Ltd's Rs 20,000 crore follow-on public offer managed to get investors on the last day of the share close on Tuesday. Late on Wednesday, the company decided to withdraw the FPO and refund the investors.
1 year, 5 months ago
Read MoreMumbai, Feb 27 As banks’ chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest rates on fixed deposits now, and state-run banks led by Punjab & Sind Bank top the chart offering a cool 8-8.50 per cent per annum. Banks are forced to offer inflation-beating deposit rates for a tenor ranging from 200 to 800 days as credit growth has been far outpacing deposit mobilization throughout this fiscal, leading to a funding crunch. Even at the lowest 7 per cent, fixed deposit pricing is positive for customers because even after a …
1 year, 5 months ago
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China's business confidence hit its lowest level since at least January 2013, a survey by World Economics showed on Monday, reflecting the impact of surging COVID-19 cases on economic activity and hinting at possible recession next year. The index fell to 48.1 in December from 51.8 in November, showed the World Economics' survey of sales managers at over 2,300 companies conducted December 1-16. The index was the lowest since the survey began. "The survey suggests strongly that the growth rate of the Chinese economy has slowed quite dramatically, and may be heading for recession in 2023,…
1 year, 7 months ago
Read MoreNew Delhi, Jan 30 As the Indian stock market was to open Monday, all eyes were set on stocks of Adani Group companies, a day after it released a 413-page response to allegations of wrongdoing by US short seller Hindenburg Research. Commenting on the response Adani Group released on Sunday in response to its report, Hindenburg said it believed India was a vibrant democracy and an emerging superpower with an exciting future and it was Adani Group which was holding it back through "systematic loot". Hindenburg has rejected Adani Group's charge that its report was an attack on India, saying…
1 year, 5 months ago
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New Delhi, Feb 1 Adani Enterprises on Wednesday said it has decided not to go ahead with its Rs 20,000-crore Follow-on Public Offer (FPO) and will return the proceeds to investors. The announcement comes a day after the company's FPO was subscribed fully on the last day of the offer on Tuesday. "The Board of Adani Enterprises Ltd., (AEL) decided not to go ahead with the fully subscribed FPO. Given the unprecedented situation and the current market volatility, the company aims to protect the interest of its investing community by returning the FPO proceeds and withdraws the completed tr…
1 year, 5 months ago
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Hindenburg Research took jabs at Adani group on Monday reiterating its allegations that the Indian conglomerate is a fraud after the Gautam Adani-led firm’s 413-page response to the short seller’s original research report. Adani’s response had said that the Hindenburg report is a “calculated attack” on India, its institutions and growth story, and that the allegations are “nothing but a lie”. Hindenburg in its response to Adani’s response said that the conglomerate, “tried to lead the focus away from substantive issues and instead stoked a nationalist narrative, claiming our report amounted t…
1 year, 5 months ago
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Nirmala Sitharaman, the Union Finance and Corporate Affairs Minister, is expected to submit the Union Budget for the fiscal year 2023-2024 in a paperless format on February 1. For the sixth time, she will present the budget for the fiscal year that starts on April 1. Similar to the last two budgets, this one will be presented online, and the public will have access to it through a free app that is available on Google Play for Android devices and the Apple App Store for iOS devices. The app was made available in 2021 so that lawmakers and the general public may easily view 14 budget-related…
1 year, 5 months ago
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Nirmala Sitharaman, the Union Finance and Corporate Affairs Minister, is expected to submit the Union Budget for the fiscal year 2023-2024 in a paperless format on February 1. For the sixth time, she will present the budget for the fiscal year that starts on April 1. Similar to the last two budgets, this one will be presented online, and the public will have access to it through a free app that is available on Google Play for Android devices and the Apple App Store for iOS devices. The app was made available in 2021 so that lawmakers and the general public may easily view 14 budget-related…
1 year, 5 months ago
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New Income Tax Slab 2023-24: Finance Minister Nirmala Sitharaman is currently presenting Union Budget 2023 in Parliament. This is the last full-fledged Budget for this government ahead of the Lok Sabha elections in early 2024. Sitharaman began by calling this the ‘first Budget of Amrit Kaal’ and a blueprint for India @ 100. This includes new updates regarding digital currencies like cryptocurrency, new IT laws, and subsidy-related announcements to boost manufacturing in India. Taxpayers are having an eye on the budget. Will the taxpayers be exempt from paying income tax? Individual taxpayers'…
1 year, 5 months ago
Read MoreNew Delhi, Mar 3 Sale of gold jewellery and gold artefacts hallmarked without six-digit alphanumeric HUID -- unique identification number -- shall not be permitted from April 1, the government on Friday said. Food and Consumer Affairs Minister Piyush Goyal on Friday chaired a meeting to review the activities of Bureau of Indian Standards (BIS). To promote quality culture in micro scale units, it has been decided that the BIS will provide 80 per cent concession on the certification/minimum marking fee across various product certification schemes.
1 year, 4 months ago
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aipur: In a major goof-up, Rajasthan Chief Minister Ashok Gehlot on Friday read out excerpts of the previous budget instead of Budget 2023-24. As soon as the chief minister made the first two announcements, which featured in Budget 2022-23, the Opposition began creating a ruckus and stormed into the well of the House. Speaker C P Joshi asked them to maintain order but the Opposition continued its uproar, leading to the House being adjourned for half an hour. After the adjournment, BJP MLAs staged a sit-in inside the well of the House.
1 year, 5 months ago
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A shocking case came to light from the Punjab National Bank branch of Kalaji Goraji area of Udaipur city. Termites ate the notes of lakhs of rupees and the property documents of a woman kept in the locker. Notes worth two lakh fifteen thousand rupees kept in the locker of Punjab National Bank located in Kalaji Goraji of Udaipur city were eaten by termites. This was revealed when Sunita Mehta, the owner of bank locker number 265, went to withdraw the money lying in her locker, termites had eaten all the money. Seeing termites in the locker, she informed the bank management. Two lakh rupe…
1 year, 5 months ago
Read MoreNew Delhi, Feb 14 Tata Group-owned Air India on Tuesday said it will buy a total of 470 wide-body and narrow-body planes from Airbus and Boeing, and the total deal value is estimated to be USD 80 billion (around Rs 6.40 lakh crore) as the airline expands its operations. "The order comprises 40 Airbus A350s, 20 Boeing 787s and 10 Boeing 777-9s wide-body aircraft, as well as 210 Airbus A320/321 Neos and 190 Boeing 737 MAX single-aisle aircraft. The A350 aircraft will be powered by Rolls-Royce engines, and the B777/787s by engines from GE Aerospace. All single-aisle aircraft will be powered b…
1 year, 5 months ago
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New Delhi, Mar 4 Microsoft co-founder and philanthropist Bill Gates has commended the progress India is making in fields like health, development and climate and said the country is showing what is possible when investment is made in innovation. He also praised India for its "amazing ability to manufacture lots of safe, effective, and affordable vaccines, some of them supported by the Gates Foundation" and said they saved millions of lives during the COVID-19 pandemic and prevented other diseases around the world. Gates, who is co-chair of the Bill & Melinda Gates Foundation, said he me…
1 year, 4 months ago
Read MoreNew Delhi Feb 18 The government on Saturday said it has allowed sale of excess tobacco produced by registered growers on auction platforms for the crop season 2022-23. It has also permitted sale of unauthorized tobacco produced by unregistered growers without any penalty on the platforms in Karnataka for the crop season 2022-23. "Union Minister of Commerce and Industry Piyush Goyal has considered to allow the sale of the excess flue cured Virginia tobacco produced by registered growers and unauthorized flue cured Virginia tobacco produced by unregistered growers without any penalty cons…
1 year, 5 months ago
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New Delhi, Feb 18 GST Council, the apex decision-making authority, on Saturday reduced the tax rate on several items, including 'rab' (liquid jagger) and pencil sharpeners, besides rationalising late fee for the delayed filing of annual returns. Briefing media after the 49th meeting of the GST Council, Union Finance Minister Nirmala Sitharaman also informed that reports of the GoM (Group of Ministers) on checking tax evasion by pan masala and gutkha industry, and on Goods and Services Tax Appellate Tribunals (GSTATs), have been taken on board. Headed by Union Finance Minister, the Goods…
1 year, 5 months ago
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Celebrities and controversies walk hand-in-hand. In another such incident, Bollywood actor Arshad Warsi and his wife Maria Goretti Warsi have been nabbed by the Securities and exchange board of India from buying, selling or dealing in securities in a case of share manipulation of Sadhna Broadcast. The couple alongside YouTuber Manish Mishra have been banned for uploading misleading videos on YouTube where they influenced investors to buy shares, inflating its price and later dumping it. The gains that all accused made between April 27 to September 30 last year are now to be impounded and r…
1 year, 4 months ago
Read MoreBarcelona, Feb 27 The Return on capital in the telecom business is very low and a tariff hike is likely to be the mid of this year, Bharti Airtel chairman Sunil Bharti Mittal said here on Monday. While responding to a PTI query at the Mobile World Congress, Mittal said that the company has a healthy balance sheet and there is no need to raise any more capital. "Lot of capital has been injected that has made the balance sheet strong but the return on capital of this industry is very low. That needs to change. We are talking of small increments that need to come in the Indian tariff situa…
1 year, 5 months ago
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Reserve Bank of India has imposed a penalty of three crore six lakh sixty six thousand rupees on Amazon Pay (India) Private Limited for non-compliance of certain directions related to Prepaid Payment Instruments and Know Your Customer. Accordingly, a notice was issued and decision to impose the penalty was taken after considering the entity’s response. In a press release, RBI said that the action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the entity with its customers.
1 year, 4 months ago
Read MoreChennai, March 5 Electric mobility start-up DAO EvTech has drawn up plans to invest Rs 100 crore in Tamil Nadu and employ about 2,000 people by 2025, the company said on Sunday. DAO commenced production at its facility in Chakan, Pune and has enabled two wheeler electric vehicle manufacturing capabilities and investments from US based DAO Evtech LLC and its promoter Michael Liu. DAO EvTech has planned to invest USD 100 million in India apart from the Rs 100 crore for Tamil Nadu and showcased a new line of electric vehicles in the city recently.
1 year, 4 months ago
Read MoreMumbai, Mar 8 The National Green Tribunal (NGT) has ordered a highway construction company to pay Rs 55.47 crore for causing environmental damage by illegally excavating stone, sand and murram for its projects in the Nashik and Hingoli districts of Maharashtra. In two separate orders on February 22, NGT’s western zone bench in Pune directed Rajendrasinh Bhamboo Infra Private Limited to pay Rs 36.35 crore and Rs 19.12 crore to the Maharashtra Pollution Control Board within a month. The detailed orders were made available recently.
1 year, 4 months ago
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The government has said that the Prevention of Money Laundering Act, 2002 will apply to trade in crypto currencies or virtual assets. In a notification, the Ministry of Finance said that the exchange between virtual digital assets and fiat currencies, the exchange between one or more forms of virtual digital assets and the transfer of virtual digital assets will be covered under the money laundering act. Besides, the safekeeping or administration of virtual digital assets and the participation in financial services related to the offer and sale of virtual digital assets will also come und…
1 year, 4 months ago
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Washington, Mar 24 World Bank presidential nominee Ajay Banga has tested positive for COVID-19 during routine testing in New Delhi where he was travelling on the last leg of his world tour, and is currently quarantining in isolation, the Department of Treasury said Thursday. India is witnessing a spike in influenza and coronavirus cases in the past two weeks. The country has recorded 1,134 new coronavirus cases, while the active cases increased to 7,026, according to Union Health Ministry data updated on Wednesday. Banga's New Delhi visit (March 23 and March 24) is the final stop on his…
1 year, 4 months ago
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India and US have agreed to launch a Strategic Trade Dialogue. It was decided during the meeting of External Affairs Minister Dr. S. Jaishankar and US Commerce Secretary Gina Raimondo in New Delhi yesterday. The India-US Strategic Trade Dialogue will be led by Foreign Secretary from Ministry of External Affairs of India and Under Secretary, Bureau of Industry and Security in US Department of Commerce. The Strategic Trade Dialogue will address export controls, explore ways of enhancing high-technology commerce and facilitate technology transfer between the two countries. Ministry of E…
1 year, 4 months ago
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Union Government on Friday approved for listing of the Indian Renewable Energy Development Agency (IREDA) on the Stock Exchanges. The Cabinet Committee on Economic Affairs (CCEA) decided to approve an Initial Public Offer (IPO) by part sale of Government’s stake in the CPSE to raise funds through issue of fresh equity shares. Department of Investment and Public Asset Management (DIPAM) will drive the listing process. The IPO will help in unlocking the value of Government’s investment on one hand and provide an opportunity to the public to acquire stake in the national asset and draw bene…
1 year, 4 months ago
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New York, Mar 24 Starbucks' new Indian-origin CEO Laxman Narasimhan has said he will work as a barista once a month in stores to stay close to the company's culture, customers, challenges and opportunities. Narasimhan, 55, officially became the Seattle-based coffee giant's chief executive on Monday, taking the reins from Howard Schultz about two weeks earlier than scheduled. In a letter to the employees on Thursday, the Indian-American business executive said he will always be a "fierce advocate" for the company's partners and its culture.
1 year, 4 months ago
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The Centre today said the use of Piped Natural Gas (PNG) has been increasing in the country. More than one crore PNG connections have been provided by the City Gas Distribution (CGD) entities till 31th January this year. In a written reply in the Lok Sabha, Petroleum and Natural Gas Minister Hardeep Singh Puri said PNG connections are provided as per Minimum Work Programme (MWP) mandated Petroleum and Natural Gas Regulatory Board (PNGRB) and techno-commercial feasibility. He said more than 22 thousand kilometer of PNG pipeline is operational and around 13 thousand kilometers of pip…
1 year, 4 months ago
Read Moreनयी दिल्ली, 25 मार्च. रिलायंस इंडस्ट्रीज ने श्रीकांत वेंकटचारी को अपना नया मुख्य वित्तीय अधिकारी (सीएफओ) नियुक्त करने की घोषणा की है।. कंपनी ने शेयर बाजार को दी गई सूचना में कहा कि वेंकटचारी एक जून से पदभार संभाल लेंगे। वह इस समय संयुक्त सीएफओ के पद पर कार्यरत हैं।.
1 year, 4 months ago
Read MoreNew Delhi, Apr 1 India and Malaysia can now use the Indian rupee to settle trade in addition to other currencies, the Ministry of External Affairs (MEA) said on Saturday. The move follows the decision by the Reserve Bank of India in July last year to allow settlement of international trade in Indian currency. "Trade between India and Malaysia can now be settled in Indian Rupee (INR) in addition to the current modes of settlement in other currencies," the MEA said.
1 year, 3 months ago
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Mumbai, Apr 6 The Reserve Bank on Thursday said a centralised portal will be developed to access details of unclaimed deposits by depositors or their beneficiaries across various banks. About Rs 35,000 crore unclaimed deposits as of February 2023 were transferred to RBI by public sector banks (PSBs) in respect of deposits which were not operated for 10 years or more. "In order to improve and widen the access of depositors/beneficiaries to such data, RBI has decided to develop a web portal to enable search across multiple banks for possible unclaimed deposits based on user inputs," RBI G…
1 year, 3 months ago
Read MoreWashington, Apr 7 India has emerged as one of the top three markets for Microsoft's new Bing preview, which has ChatGPT incorporated into it, and is its biggest image creator market, a senior company official has said, asserting that the search engine is much better than its rival Google. Powered by ChatGPT, Microsoft launched the new Bing preview on February 7. ChatGPT is an artificial intelligence chatbot developed by OpenAI and launched in November 2022. "Search has changed and will change. It's not going away. Just like when television came into existence, radio didn't go away, but …
1 year, 3 months ago
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उद्योग और आंतरिक व्यापार संवर्धन विभाग-डीपीआईआईटी इस वर्ष 31 मई तक नवीनतम राष्ट्रीय स्टार्टअप पुरस्कार-2023 के लिए आवेदन आमंत्रित कर रहा है। इस संस्करण में स्टार्टअप्स को 20 श्रेणियों में पुरस्कृत किया जाएगा। प्रत्येक श्रेणी के विजेताओं को 10 लाख रुपये से सम्मानित किया जाएगा। विजेताओं और अंतिम सूची में पहुंचने वालों को निवेशक और सरकारी संपर्क, मार्गदर्शन, अंतर्राष्ट्रीय बाजार में पहुंच और कॉर्पोरेट तथा यूनिकॉर्न संपर्क जैसी सुविधाएं मिलेंगी। पुरस्कारों की शुरुआत 2020 में की गई थी ताकि अभिनव उत्पादों का निर्माण करने वाले और समाज पर प्रभाव डालने वाले उत्कृष्ट स्टार्टअप्स और मार्गदर्शकों को पुरस्कृत किया जा सके। पिछले तीन वर्ष मे…
1 year, 3 months ago
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Mumbai, Apr 18 Twenty-five years after entering India by selling products and services through partners, iconic consumer technology brand Apple on Tuesday launched the country's first retail store in Mumbai. Chief executive Tim Cook opened the doors of the store located in a mall in the Bandra Kurla Complex (BKC) business district exactly at 11 AM to welcome the first set of customers. Dressed in a black t-shirt and grey pants and accompanied by the company's senior vice president for retail Deirdre O'Brien, Cook opened the doors of the store to walk into a crowded foyer to pose for the…
1 year, 3 months ago
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