GST Council to deliberate on insurance premium, online gaming taxation
The GST Council on Monday is expected to deliberate on a host of issues, including taxation of insurance premium, GoM’s suggestions on rate rationalisation, and a status report on online gaming, sources said. Sources said the fitment committee, comprising Centre and state tax officials, will present a report on GST levied...
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IPO market booms with 13 upcoming offerings
09 September 2024 | PTI -
Reliance, TCS lead market value slump
09 September 2024 | PTI -
Govt notifies uniform marketing code for medical devices sector
07 September 2024 | PTI -
Tata Power awards contracts worth Rs 11,481 crore to local suppliers
07 September 2024 | PTI -
Gold rises Rs 100; silver bounces Rs 1,200
07 September 2024 | PTI -
Inbrief
07 September 2024 | Agencies -
VA Tech WABAG bags Rs 2,700 crore sea water desalination plant order from Saudi Water Authority
07 September 2024 | PTI
Bengaluru sees 19 per cent hike in home sales: Report
Bengaluru’s residential market continues to display steady growth as registered transactions maintain upward momentum both sequentially and annually, a report by Square Yards, an integrated platform for real estate and mortgages, said on Friday. According to the data, 28,356 transactions were recorded in the city during the second quarter of 2024,...
Spicejet plans to raise over Rs 3,200 crore via debt, equity
Cash-strapped domestic carrier Spicejet plans to raise Rs 3,200 crore through QIP, warrants and capital infusion by the promoter, the airline said in a presentation on Friday. The funds will be utilised in taking back the grounded fleet in operations, liability settlement, new fleet induction and other general purposes, SpiceJet in...
Allow natural growth of India’s E-vehicle sector to avoid becoming EV colony for China: GTRI
The government should allow the domestic electric vehicle sector to grow naturally without relying on incentives as it would avoid India becoming an ‘EV colony’ for China, think tank GTRI said on Friday. India faces unique challenges not faced by other countries in adopting EVs (electric vehicles) at large scale, it...
Revisiting Sri Lanka’s debt sustainability assessment can derail IMF programme: Finance Ministry
Any attempt to revisit Sri Lanka’s debt sustainability assessment (DSA) can derail the ongoing IMF programme bailout, the finance ministry said on Friday. “Any country can of course stand its ground and refuse to move forward based on the IMF’s DSA if it disagrees with the outcomes of the model and...
Rupee rises two paise to settle at 83.95 against US dollar
The rupee gained 2 paise to close at 83.95 (provisional) against the US dollar on Friday amid a weak greenback in overseas markets. However, negative domestic markets, rise in crude oil prices, and outflow of foreign capital capped sharp gains, forex traders said. At the interbank currency market, the local unit opened...
Forex reserves jump USD 2.3 billion to fresh record of USD 683.987 billion
India's forex reserves jumped by USD 2.299 billion to a new high of USD 683.987 billion for the week ended on August 30, according to the RBI data release on Friday. In the previous reporting week, the forex reserves had jumped by USD 7.023 billion to a high of USD 681.688...
Mumbai college rejected him, Adani built $220 bn empire; delivers lecture at same college
Gautam Adani had in the late 1970s applied to join a Mumbai college for education, but the college rejected his application. He did not pursue education but turned to business and went on to build a USD 220 billion empire. About four-and-a-half decades later, he gets called to the same...
