business News

After Centre cuts excise duty, Maharashtra, Kerala, Rajasthan reduce VAT on petrol, diesel
india

After Centre cuts excise duty, Maharashtra, Kerala, Rajasthan reduce VAT on petrol, diesel

A source in the Goa government said the Pramod Sawant-led dispensation will not further reduce the VAT on petrol and diesel as it might hurt the economy

India at Davos: More investments, less conflicts, pandemic-ready infra on leaders' minds
business

India at Davos: More investments, less conflicts, pandemic-ready infra on leaders' minds

Several Indian CEOs as well as government leaders feel that there is a strong need to focus on creating necessary infrastructure for fighting any future pandemic and also to effectively defeat the existing one

Fuel price cut to gas cylinder subsidy: Five key announcements made by Nirmala Sitharaman
india

Fuel price cut to gas cylinder subsidy: Five key announcements made by Nirmala Sitharaman

The government also announced a fertiliser subsidy of Rs 1.10 crore and a customs duty cut on raw materials for plastic products

Foreign investors withdraw Rs 6,400 cr from Indian equity markets in May so far, according to data
business

Foreign investors withdraw Rs 6,400 cr from Indian equity markets in May so far, according to data

Apart from India, other emerging markets, including Taiwan, South Korea and the Philippines witnessed outflows in the month of April to date

GST Council may consider modification in monthly tax payment form for better input tax credit reporting
india

GST Council may consider modification in monthly tax payment form for better input tax credit reporting

A meeting of the Goods and Services Tax (GST) Council, the highest decision making body in the GST matter, is likely to be held next month

CNG price increased by Rs 2 per kg in Delhi-NCR with effect from today
business

CNG price increased by Rs 2 per kg in Delhi-NCR with effect from today

With the latest hike, CNG is now available at Rs 86.07 per kg in Rewari and Rs 84.27 per kg in Karnal and Kaithal in Haryana

Gold price today: 10 grams of 24-carat reaches Rs 51,330; silver touches Rs 61,400 per kilo
business

Gold price today: 10 grams of 24-carat reaches Rs 51,330; silver touches Rs 61,400 per kilo

The price of the yellow metal varies on a daily basis due to factors like excise duty, state taxes, and making charges. Read on to find out the gold rates in your city on Saturday, 21 May

Dominica withdraws illegal entry case against fugitive diamantaire Mehul Choksi
business

Dominica withdraws illegal entry case against fugitive diamantaire Mehul Choksi

Choksi who had gone missing from Antigua on 23 May, 2021, was soon caught in Dominica and charged with illegal entry by the police in Dominica

EPFO adds 15.32 lakh net subscribers in March; women’s participation in organised workforce rises
business

EPFO adds 15.32 lakh net subscribers in March; women’s participation in organised workforce rises

Age-wise comparison of payroll data showed that the age group of 22-25 years has been on the forefront by registering the highest number of net enrolments, with 4.11 lakh additions during March 2022

At $83.57 billion, India reports 'highest-ever' FDI inflow in 2021-22
business

At $83.57 billion, India reports 'highest-ever' FDI inflow in 2021-22

Among sectors, computer software and hardware attracted maximum inflows followed by the services sector and automobile industry, the commerce and industry ministry said

Market Roundup: Sensex zooms over 1,500 points, Nifty soars to 16,200 levels; check top winners and losers
business

Market Roundup: Sensex zooms over 1,500 points, Nifty soars to 16,200 levels; check top winners and losers

Dr Reddy’s topped the gainers’ chart with a jump of 8.10 per cent, followed by index heavyweight Reliance Industries which rose 5.77 per cent

Weak currency, strong economy: How India is on the path to becoming ‘aatmanirbhar’
opinion

Weak currency, strong economy: How India is on the path to becoming ‘aatmanirbhar’

India is moving in the right direction to becoming self-reliant not only in the case of services, agriculture, and manufacturing, but also in energy and currency and in the mode of exchange

India bans wheat export: From Argentina to Turkey, countries that have stopped overseas food trade
business

India bans wheat export: From Argentina to Turkey, countries that have stopped overseas food trade

The West criticised India's decision to impose a ban on wheat exports after costs rose and a record-breaking heatwave damaged crops. However, India isn't the only country doing so after the Russia-Ukraine war broke out, which drove up food prices across the world

Gold price today: 10 grams of 24-carat priced at Rs 50,520; silver at Rs 61,700 per kilogram
business

Gold price today: 10 grams of 24-carat priced at Rs 50,520; silver at Rs 61,700 per kilogram

The price of the much-in-demand metal changes daily due to factors like excise duty, state taxes, and making charges. Find out the gold rate in your city this Friday

Twitter deal with Elon Musk 'not on hold', moving forward as planned: Top executives inform employees
business

Twitter deal with Elon Musk 'not on hold', moving forward as planned: Top executives inform employees

Twitter Inc's top lawyer Vijaya Gadde, while interacting with employees during an all-hands meeting, said the company won't renegotiate the agreed-upon price of $54.20 per share

Sushil Modi says Supreme Court verdict on Centre, states not bound to recommendations of GST council isn't new
business

Sushil Modi says Supreme Court verdict on Centre, states not bound to recommendations of GST council isn't new

Sushil Modi said the Centre and states have simultaneous powers to legislate on GST and the Constitution does not envisage a repugnancy provision. GST council must work in a harmonious manner to achieve a workable solution

Tesla on my mind 24/7, spending less than 5% of time on Twitter acquisition, says Elon Musk
business

Tesla on my mind 24/7, spending less than 5% of time on Twitter acquisition, says Elon Musk

Elon Musk's latest tweets came in response to wary investors, who are worried that he may be distracted by the Twitter deal

Market Roundup: Sensex plummets over 1,400 points, Nifty slides to 15,809; all sectors end in red
business

Market Roundup: Sensex plummets over 1,400 points, Nifty slides to 15,809; all sectors end in red

Wipro emerged as the biggest laggard in the Sensex pack with a fall of 6.21 per cent, followed by HCL Tech, Infosys, TCS, Tech Mahindra, Tata Steel, IndusInd Bank and Kotak Mahindra Bank

'Reinforces ethics of our judiciary': Rata Tata reacts as SC dismisses Cyrus Mistry's review petition
business

'Reinforces ethics of our judiciary': Rata Tata reacts as SC dismisses Cyrus Mistry's review petition

The apex court on Thursday dismissed a plea of the SP group seeking a review of the 2021 verdict which had upheld the Tata group's decision to remove Cyrus Mistry as the executive chairman of the Tata Sons

Supreme Court says Centre, states not bound to recommendations of GST council
business

Supreme Court says Centre, states not bound to recommendations of GST council

An apex court bench led by Justice DY Chandrachud held that the Parliament intended that the 'recommendations of the GST Council will have persuasive value as India is cooperative federalism'