business News

Levied with a service charge at an eatery? Here’s what you can do
business

Levied with a service charge at an eatery? Here’s what you can do

The government has enabled customers to file complaints in case of violations after they stipulated that the service charge levied by restaurants and eateries was an 'unfair trade practice'

India's scepticism about cryptocurrency vindicated by global trends, saved investors from ruin, say experts
business

India's scepticism about cryptocurrency vindicated by global trends, saved investors from ruin, say experts

According to cryptocurrency data aggregator CoinGecko, the total market cap of cryptocurrencies has shrunk by more than a third, down to around $930 billion from a high of about $3 trillion reached in November 2021

PLI scheme has potential to add nearly 4% to GDP per annum, finds report
business

PLI scheme has potential to add nearly 4% to GDP per annum, finds report

Registration of manufacturing companies has shot up to the highest ever in the last seven years and the share of manufacturing companies in total registrations is also at almost highest level since the past decade, according to the report by Emkay Investment

Traders' body CAIT alleges FDI, GST norms violated by Metro Cash & Carry, German retailer refutes allegations
business

Traders' body CAIT alleges FDI, GST norms violated by Metro Cash & Carry, German retailer refutes allegations

CAIT said that as per reports, Metro Germany is looking to sell the India business and make profits of over Rs 10,000 crore on its investment in the country

Market Roundup: Sensex slumps 100 points, Nifty ends at 15,810; check top winners and losers
business

Market Roundup: Sensex slumps 100 points, Nifty ends at 15,810; check top winners and losers

Metal, healthcare, oil & gas and pharma were the only sectors to end higher. India VIX slumped 0.88 percent to 20.79 levels. While Midcap indices fell, Smallcap indices closed in green

Open Network for Digital Commerce can become next UPI: IT minister Ashwini Vaishnaw
business

Open Network for Digital Commerce can become next UPI: IT minister Ashwini Vaishnaw

In April, the Centre launched ONDC in Delhi NCR, Bengaluru, Bhopal, Shillong and Coimbatore in the pilot phase. It is an initiative of the government to promote an open platform for all aspects of the exchange of goods and services through electronic networks

Centre will generate $12 billion from windfall tax on oil firms, says Moody's
business

Centre will generate $12 billion from windfall tax on oil firms, says Moody's

On 1 July, the government imposed windfall gain taxes on the export of petrol, diesel and aviation turbine fuel (ATF), and on the domestic production of crude oil

Why image optimisation is mission critical for brands to thrive
opinion

Why image optimisation is mission critical for brands to thrive

Image optimisation is enormously critical for brands who want to enhance their website’s user experience

Gold price today: 10 grams of 24-carat priced at Rs 52,340; silver at Rs 57,800 per kilo
business

Gold price today: 10 grams of 24-carat priced at Rs 52,340; silver at Rs 57,800 per kilo

According to the MCX, gold futures rose by 0.45 per cent to Rs 52,150.00 and silver futures increased by 0.56 per cent to settle at Rs 58,502.00

Why entrepreneurship is important for women to make themselves visible in developing countries
opinion

Why entrepreneurship is important for women to make themselves visible in developing countries

Entrepreneurship is a compelling tool for women to be seen, heard, and achieve agency, especially in developing economies

Centre bars hotels, restaurants from imposing service charge: What this means for patrons
business

Centre bars hotels, restaurants from imposing service charge: What this means for patrons

The Union Government has prohibited hotels and restaurants from adding service charges automatically to the food bill, and collecting it under any other name

Rupee recoups early losses to close almost flat at 78.95 against dollar
business

Rupee recoups early losses to close almost flat at 78.95 against dollar

At the interbank forex market, the local unit opened lower at 78.97 against the greenback and fell to an intra-day low of 79.06. It finally settled at 78.95, down by 1 paisa from its previous close of 78.94

Market Roundup: Sensex gains over 300 points, Nifty ends above 15,800; check top winners and losers
business

Market Roundup: Sensex gains over 300 points, Nifty ends above 15,800; check top winners and losers

The markets rebounded after positive European sentiment an a fall in crude prices. Metal fell almost 1 percent, while FMCG was the top gainer. India VIX fell to 20.97 levels.

Why China's post pandemic semiconductor rise is essential to watch out for
opinion

Why China's post pandemic semiconductor rise is essential to watch out for

US sanctions have failed to stunt and have instead spurred the growth of China’s semiconductor industry

How to file an income tax return if there are more than two Form 16s? Check steps here
business

How to file an income tax return if there are more than two Form 16s? Check steps here

People who changed jobs in the year may have received Form 16 from both their current and previous employers. In this case, you might be feeling confused about what to do

Gold price today: 10 grams of 24-carat gold sold at Rs 52,340; silver at Rs 57,000 per kilo
business

Gold price today: 10 grams of 24-carat gold sold at Rs 52,340; silver at Rs 57,000 per kilo

According to the MCX data, gold futures rose by 0.56 per cent to Rs 58,270.00 and silver futures witnessed a rise of 0.16 per cent and settled at Rs 61,084.00

Rupee falls 9 paise to 79.03 against US dollar in early trade
business

Rupee falls 9 paise to 79.03 against US dollar in early trade

In the previous session on Friday, the rupee had closed at 78.94 against the US dollar

Why hundreds of IndiGo crew called in sick
business

Why hundreds of IndiGo crew called in sick

More than 50 per cent of IndiGo’s domestic flights were delayed because a significant number of its cabin crew took sick leave on Saturday. A majority of them went for interviews at Air India, which is expanding after the Tata takeover

Centre’s new e-filing portal hit by technical snags; IT dept blames 'irregular traffic'
business

Centre’s new e-filing portal hit by technical snags; IT dept blames 'irregular traffic'

The new tax e-filing portal was launched on 7 June, 2021, and Infosys was paid Rs 164.5 crore to develop it. The website had also faced snags on the first anniversary of its launch when many users complained that they were unable to log in into the portal

India's foreign exchange reserves rise by $2.73 billion after falling for three weeks in row
business

India's foreign exchange reserves rise by $2.73 billion after falling for three weeks in row

According to RBI's data, India's foreign currency assets, which are the biggest component of the forex reserves, rose $2.334 billion to $529.216 billion during the week, which ended on 24 June