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Economy
Air India’s control to be handed over, Tata Group Chairman in Delhi
New Delhi: The management control of national carrier Air India is set to be handed over to a subsidiary of Tata Sons.
According to highly placed sources, the Chairman of Tata Group N. Chandrasekaran is in national capital to meet key!-->…
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Equities fall sharply on US Fed’s rate hike guidance; Titan top loser
New Delhi: The Indian equities fell well over one per cent in early trade on Thursday after the US Fed's Federal Open Market Committee said that it was ready to tighten monetary policy through rate hike.
In its latest meeting on!-->…
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Tesla saw a breakthrough 2021 with $5.5 bn net income: Musk
San Francisco: Elon Musk has said that 2021 was a breakthrough year for Tesla and for electric vehicles in general, as the EV maker ended last year with $5.5 billion in net income, compared to $721 million in 2020.
Tesla produced!-->…
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Indian Indices Tumble In Early Trade Amid Weak Global Cues
Mumbai: Indian equity markets continued their downward trend today with both the Sensex and Nifty sinking nearly two percent in the early trade. The Bombay Stock Exchange thirty share index Sensex was trading at 56,809 at 10 30 am with a…
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Fake GST Input Tax Credit (ITC) racket busted, one held
Mumbai: The Mumbai Central CGST Commissionerate has busted a fake GST Input Tax Credit (ITC) racket involving bogus bills of Rs 234 crore and fake ITC of Rs 41 crore and arrested a businessman in connection with it.
A GST official said!-->…
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IMF warns El Salvador from using Bitcoin as official currency
Washington: The International Monetary Fund (IMF) has warned El Salvador to no longer use Bitcoin as a legal tender, citing large risks for financial and market integrity, financial stability and consumer protection.
El Salvador in!-->…
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29 Presidential Awards for Revenue department personnel
New Delhi: A total of 29 revenue department officials and staff, from a head constable to a Principal Additional Director General, have been recognised for the meritorious and distinguished service on the occasion of Republic Day 2022.!-->…
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IMF downgrades 2022 global growth forecast to 4.4% amid Omicron surge
Washington: The International Monetary Fund (IMF) has projected the global economy to grow by 4.4 per cent in 2022, down by 0.5 percentage points from October's forecast, according to a newly released update to its World Economic Outlook!-->…
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Budget 2022: Increase in custom duty on Aluminium scrap from 2.5 to 10% is key expectation
New Delhi: As the Indian economy pushes forward to grow at 9 per cent and above over the next few years, a key challenge for the country would be to rebalance its energy needs in favour of renewable sources by 2030 to 50 per cent as per!-->…
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Hike in premium exemption, indication on GST cut on premium budget expectations of insurers
Chennai: An indication on reduction in the Goods and Services Tax (GST) rate on health insurance, giving infrastructure status to healthcare facilities, hiking tax deduction for insurance premium are some the budget wishes listed out by!-->…
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