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Economy
Job and income supporting measures to be watched in Union Budget
New Delhi: The upcoming Union Budget will be tracked for announcements in self-liquidating temporary personal job/income supporting measures to boost private consumption in the immediate future.
Some measures to support the rural!-->…
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Centre releases Rs 95,082 cr to states as tax devolution
New Delhi: The government on Thursday released a total of Rs 95,082 crore to states with an advance instalment of tax devolution amounting to Rs 47,541 crore. This is almost double their respective entitlement during the month of January.!-->…
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Higher standard deduction for salaried may be part of tinkering
New Delhi: The Union Budget 2022 may include a higher standard deduction for salaried taxpayers and tax incentives related to affordable housing.
Emkay Global Financial Services said in a report that on the revenue front, gross tax/GDP!-->…
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PTC India Financial Services shares down 18% on resignation of independent directors
New Delhi: Shares of PTC India Financial Services declined around 18 per cent in early trade on Thursday as the company on Wednesday announced that three of its independent directors have resigned from their posts with immediate effect.!-->…
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Insurance sector waiting for ‘Annaatthe’ for IRDAI
On Wednesday a reporter asked ICICI Lombard General Insurance Company Ltd's officials at a press meet about the need for a Chairman to head IRDAI?
The sectoral regulator has been functioning without a Chairman since May 2021 and it is!-->…
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Equities fall further, Sensex down over 400 pts on Thursday
New Delhi: The 30-scrip Sensitive Index (Sensex) and broader 50-scrip Nifty on National Stock Exchange extended their losses on Thursday from the previous session due to renewed fund outflow by FPIs and in line with bearish trend in the!-->…
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UN to ask $8bn from donors for Afghan crisis
Kabul: Deborah Lyons, the UN's top envoy in Afghanistan, announced that the world body will ask $8 billion from donors as aid to help the war-torn nation amid the ongoing humanitarian crisis, the media reported.
Addressing an!-->…
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Bajaj Auto’s Q3FY22 net profits decline 22% YoY to Rs 1,214 cr
Mumbai: Bajaj Auto on Wednesday reported a decline of 22 per cent in its Q3FY22 net profit on a year-on-year basis.
The net profit during the period under review fell to Rs 1,214 crore from Rs 1,556 crore reported for the corresponding!-->…
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DGCA initiates probe into ‘near miss’ incident over Bengaluru
New Delhi: India's civil aviation regulator, the Directorate General of Civil Aviation (DGCA) has commenced investigation into an alleged incident of "mid-air near miss" involving two IndiGo flights.
The purported safety related lapse!-->…
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Cabinet approves Rs 1,500cr worth equity infusion in IREDA
New Delhi: The Cabinet Committee on Economic Affairs on Wednesday approved the equity infusion of Rs 1,500 crore in Indian Renewable Energy Development Agency Limited (IREDA).
IREDA is a mini ratna (Category-1) company under the!-->…
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