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Economy
CBDT extends deadline for filing Form 10A/10AB by taxpayers to June 30
New Delhi: The Central Board of Direct Taxes (CBDT) on Thursday extended the deadline for filing Form 10A/Form 10AB by trusts, institutions, and funds under the Income-tax Act till June 30, 2024.
The CBDT said the date has been extended!-->…
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Nifty closes above 22,550, Sensex up 487 pts on another day of gains
Mumbai: The Nifty rose for the fifth consecutive session even as the volatility index inched up on Thursday, while the Sensex also made gains of over 480 points.
At close on Thursday, Nifty was up 167.95 points, or 0.75 per cent, at!-->…
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Google opens applications for this year’s Startups Accelerator programme in India
New Delhi: Google on Thursday said that it has opened applications for this year's 'Startups Accelerator: AI First' programme in India.
The programme will provide three months of equity-free support to startups solving problems across!-->…
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Indian rupee to appreciate to Rs 82–82.50 in FY25: CARE Ratings
Chennai: The Indian rupee is expected to appreciate to about Rs 82–82.50 in FY25 while in the near term, it will trade between Rs 83-83.50 against the US dollar, a top economist with CARE Ratings said.
According to Chief Economist Rajini!-->…
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NDA rule has shown superior numbers on GDP growth, inflation, unemployment compared to UPA
New Delhi: The NDA rule of the last 10 years has shown superior numbers on GDP growth, inflation, CAD (Current Account Deficits), unemployment and FDI ex of pandemic year compared to the UPA regime, broking firm Prabhudas Lilladher said.!-->…
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Widening of conflict in Middle East could impact India macros
New Delhi: A sustained flare-up in geopolitical tensions in the Middle East, and the consequent increase in crude oil prices, would negatively impact Indian macros, ratings agency ICRA said on Thursday.
“Geopolitical tensions may impact!-->…
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Nestle India’s net profit up 27 pc in Q4; to form a JV with Dr Reddy’s Laboratories
New Delhi: The board of directors of Nestle India has approved the execution of a definitive agreement to form a joint venture with Dr. Reddy’s Laboratories for nutritional health solutions, as the fast-moving consumer goods (FMCG)!-->…
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India highlights PM-KUSUM solar scheme for farmers at World Energy Congress
Rotterdam: India's Power Secretary Pankaj Agarwal highlighted the steps that the Narendra Modi government was taking to promote solar power in the country to help convergence towards the COP28 renewable energy and energy efficiency!-->…
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Swiggy gets shareholders’ nod for $1.2 billion IPO this year
New Delhi: Online food delivery platform Swiggy is planning to file for an initial public offering (IPO) worth $1.2 billion this year after receiving an approval from its shareholders.
According to a regulatory filing, the company aims!-->…
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Hyundai Motor’s Q1 net profit down as sales drop over plant suspension
Seoul: Hyundai Motor said on Thursday that its first-quarter net profit slipped 1.3 per cent (year-on-year) amid a slowdown in sales due to a temporary shutdown of one of its Korean manufacturing plants.
Net profit for the January-March!-->…
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