Economy

New Delhi: Finance Minister Nirmala Sitharaman on Friday said that corporate tax reduction has helped the economy. Replying to the debate on the Finance Bill, the minister told the Lok Sabha that corporate tax collections stood at Rs 7.3…
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Hyderabad-Airport operators Groupe ADP and GMR Airports, together with Airbus, Axens and Safran, on Friday signed a Memorandum of Understanding (MoU) to conduct a joint study on Sustainable Aviation Fuel (SAF) and its potential in India.…
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Hyderabad- India's newest budget airline Akasa Air plans to launch its first commercial flight in June. The airline's chief executive Vijay Dube said on Friday that they are working with the Ministry of Civil Aviation (MoCA) and…
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Mumbai- Securities market regulator SEBI of Friday proposed to reduce the time period taken for share 'buy backs' and 'open offers', on the back of technological advancements made in the tendering and settlement of shares. "Considering…
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Mumbai- Devaluation of gold and other asset classes pulled India's foreign exchange reserves lower by $2.597 billion during the week that ended on March 18. Reserve Bank of India data showed that India's forex reserves fell to $619.678…
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New Delhi- The Supreme Court on Friday said a manufacturing unit contributing to the economy and providing livelihood to hundreds of people cannot be shut down for the technical irregularity of want of prior environmental clearance (EC).…
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Hyderabad- Fuel, currency, and low fares - compared to other aviation markets in the region - are three challenges faced by airlines in India even as the country's aviation sector is on path to recovery from Covid pandemic, a top official…
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New Delhi- India's equity market has not looked back ever since the sharp correction witnessed in the initial 21 days of stringent nationwide lockdown imposed in late March 2020 to curb the spread of Coronavirus. The benchmark Sensex…
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Chennai- Tamil Nadu Chief Minister, M.K. Stalin who is on a four-day visit to the United Arab Emirates (UAE) met its Minister for Economy, Abdullah Bin Touq Al Marri, and Minister for Foreign Trade Thani Bin Ahmed Al Zequodi at the Dubai…
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New Delhi- The Lok Sabha on Friday approved the Finance Bill, thereby completing the budgetary exercise for fiscal year FY23. The Bill was approved in the lower house by a voice vote, after 39 official amendments, moved by Union Finance…
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