Economy

New Delhi : The GST Council has not recommended reduction of the 18 per cent GST rate on health insurance schemes, Finance Minister Nirmala Sitharaman told the Parliament on Monday. At present, GST on health insurance services is levied…
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New Delhi : Airline major IndiGo on Monday suspended some of its pilots on disciplinary grounds. In a statement, an IndiGo spokesperson said: "We confirm that a handful of IndiGo pilots have been suspended from duty for indulging in…
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New Delhi : The mega merger of HDFC twins -- HDFC and HDFC Bank -- promises to be a win-win scenario for both these companies, shareholders as well as the economy. The proposed transaction intends to create a large balance sheet and…
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New Delhi : Though the market capitalisation of Tata Group companies has risen merely 1.8 per cent in Q1CY22 (January-March), Tata Steel and Tata Elxsi saw a substantial jump during the quarter, market data showed. Commonly referred to…
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New Delhi : Amazon and Future Retail Ltd (FRL) on Monday informed the Supreme Court that they wish to appear before the Singapore International Arbitration Centre in connection with the pending adjudication of arbitration proceedings…
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New Delhi: The merger of HDFC into the HDFC Bank will enable value unlocking for the latter in order to build a solid housing loan portfolio by enhancing its existing customer base, said brokerage house Axis Securities. In a major…
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New Delhi/San Francisco: Twitter shares surged nearly 28 per cent on Monday after regulatory filings in the US revealed that Tesla and SpaceX CEO Elon Musk has a 9.2 per cent passive stake in Parag Agrawal-run platform. According to a…
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New Delhi- The Supreme Court on Monday said it will protect the interest of home buyers in Supertech's 40-storey twin towers against the backdrop of the appointment of Interim Resolution Professional (IRP) in the insolvency proceedings…
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New Delhi- Keeping the opening session gains intact, India's key equity indices -- Sensex and Nifty -- settled sharply higher on Monday, driven by gains in HDFC and HDFC Bank as the two announced a merger deal which lent broad-based…
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Chennai- The Tamil Nadu government has set up a six member expert advisory council to develop a Federal Fiscal Model. State Finance Minister Palanivel Thiaga Rajan in his Budget speech 2021-22 had said the government would establish an…
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