ECONOMY
The Nice Jap Delivery Firm Restricted (G E Delivery) introduced as we speak the supply of its 2004-built Medium Vary Product Tanker “Jag Pranam” to patrons. The sale, contracted in Might 2024, reduces the corporate’s fleet to 42 vessels. The shares have been buying and selling at ₹1,347.95, up by ₹14.90 (1.12 per cent) on … Read more
With sturdy development in private revenue tax (PIT), web direct tax assortment surged about 22 per cent to over ₹6.93 lakh crore throughout April 1 and August 11 of the present fiscal, knowledge launched by the Central Board of Direct Taxes (CBDT) launched. Nonetheless, development in Company Earnings Tax was subdued. Internet assortment determine arrived … Read more
As a part of his two-day go to to Nepal, Overseas Secretary Vikram Misri met his Nepalese counterpart Sewa Lamsal on Monday. Misri’s go to is critical because the international locations discover bilateral ties and developmental tasks, together with in hydropower and increasing connectivity. Misri additionally met Nepal’s Prime Minister Okay P Sharma Oli and … Read more
SpiceJet and Mumbai airport have resolved the problem of overdue funds and all its flights are working usually. SpiceJet launched a press release after Mumbai Worldwide Airport Restricted (MIAL) issued an advisory warning passengers of disruption of SpiceJet flights from Tuesday midnight. The advisory was later withdrawn following negotiations. Additionally learn: SpiceJet lay-offs spur course correction … Read more
Favaourable base impact in numerous sub-groups dragged retail inflation primarily based on Client Worth Index to a 59-month low of three.5 per cent. Meals inflation dropped to a 13-month low of 5.1 per cent in July. Individually, the expansion within the index of business manufacturing (IIP) declined to a three-month low of 4.2 per … Read more
Forward of beginning proposed buying and selling of Sovereign Inexperienced Bonds (SGrB) at Worldwide Monetary Providers Centre (IFSC), International Portfolio Traders (FPIs) have been permitted to purchase and promote such bonds within the mentioned centre. “Individuals resident outdoors India that preserve a securities account with a depository in IFSC in India might buy or promote … Read more
Main port staff within the nation are gearing up for a nation-wide indefinite strike demanding fast settlement of revision of pay and allowances, together with pensionary advantages, following the expiry of the final settlement on December 31, 2021. The nationwide coordination committee convened at Tuticorin unanimously determined to resort to industrial motion, together with strike, … Read more
With the goal to boost farm productiveness in addition to farmers’ revenue, Prime Minister Narendra Modi on Sunday launched 109 high-yielding, climate-resilient and bio-fortified crop kinds of 34 agricultural and 27 horticultural crops. In contrast to different events, PM Modi additionally sought suggestions and recommendation from the farmers who had gathered for the occasion at … Read more
Amidst the sharp drop in costs of lab-grown diamonds, the Indian authorities wants to provide a leg-up to the Indian business to assist it proceed its enlargement by setting up sufficient coverage measures, resembling issuance of clear pointers for its labeling and certification and imposition of high quality management orders to limit low cost imports, … Read more
Because the Finance Ministry will get prepared for the Union Finances 2025-26, the paperwork will endure modifications with the designation of a brand new Finance Secretary and the appointment of two Secretaries – Expenditure and Public Enterprises. The Ministry has six departments: Financial Affairs, Expenditure, Income, Funding & Public Asset Administration, Monetary Companies, and Public … Read more