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Economy
Rs 8 crore ITC fraud busted in Mumbai, one held
Thane - The Thane Central GST Commissionerate has exposed a fake GST Input Tax Credit (ITC) scam and nabbed the proprietor of a firm based in Mumbai, a top official said here on Friday.
Following a reliable tipoff from the CGST Central!-->…
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LIC listing, wholesale inflation will give cues to mkt next week: Samco Securities
New Delhi- As the result season approaches its climax, Dalal Street will move in sync with global news flow as India's WPI data will be released and the much-anticipated LIC will be listed on the exchanges next week, said brokerage house!-->…
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AIBEA condemns Gurumurthy for terming PSU bankers as scums and filths
Chennai : The major union in the banking sector All India Bank Employees Association (AIBEA) on Friday condemned chartered accountant and the Editor of Thuglak Tamil magazine S. Gurumurthy for terming public sector bank employees as scums!-->…
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It’s Elon Musk vs Parag Agrawal at Twitter as platform suffers
New Delhi : With Elon Musk putting the $44 billion Twitter deal temporarily on hold on Friday, serious questions now linger on the future of the platform that is battling multiple issues -- from employee exodus to users leaving amid the!-->…
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More heat for Indian consumers as ACs set to get 3-4% costlier
New Delhi : Hit by multiple factors such as rising fuel costs and global component shortages, Indian AC manufacturers said on Friday that they have no alternative but to pass off the burden to the consumers who will have to pay at least!-->…
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Indices fall for sixth straight day, Sensex sheds 2.7% this week cumulatively
New Delhi :Indian equity benchmark indices have extended their fall for the sixth straight day on Friday, led by losses in banking, financial and metal stocks.
Shedding its entire opening gains, the domestic indices entered into the red!-->…
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Bull market for US stocks on the brink of expiring
New York : The latest bull market for US stocks remains on the brink of expiring, with the benchmark S&P 500 just shy of the threshold that marks bear territory, MarketWatch reported.
The S&P 500 finished 0.1 per cent lower at!-->…
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FPIs sold $14 bln equities in Q1 2022, DIIs bought matching amount: Report
New Delhi: Foreign portfolio investors (FPIs) have sold around $14 billion worth of equities in the secondary market in the quarter that ended in March 2022, said Kotak Securities in a report.
FPIs offloaded stocks in banks, diversified!-->…
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RBI may raise policy rates by 75 bps cumulatively in next 2 reviews: SBI Research
New Delhi: SBI Research expects the central bank, Reserve Bank of India (RBI), to raise key policy rates both in its June and August policy meeting by a cumulative 75 basis points.
Beyond August, rate actions might be more balanced and!-->…
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Stalin likely to head TN delegation to World Economic Forum meet
Chennai: Tamil Nadu Chief Minister M.K. Stalin is likely to lead a delegation from the state to attend the four-day World Economic Forum (WEF) meeting to be held in Davos, Switzerland from May 22.
Sources in the Tamil Nadu government!-->…
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