Business News
Income Tax Day 2023: Commemorating India's taxation legacy on Aaykar Diwas
Income Tax Day 2023 marks 150 years of taxes in India, with celebrations highlighting the importance of ethical tax compliance
Byju’s abandons biggest Bengaluru office, continues on cost-cutting spree
The move to vacate office spaces sheds light on the financial challenges faced by the country’s most-valued unicorn, which is dealing with various issues, including a financial tussle with lenders
Centre ratifies 8.15% interest rate on Employees Provident Fund for 2022-23
Retirement fund body EPFO on March 28, 2023, had marginally raised the interest rate on employees' provident fund (EPF) deposits to 8.15 per cent for 2022-23 for its over six crore subscribers
Go First cancels flights until July 25th due to operational reasons
The low-cost airline Go First (originally GoAir) filed for the initiation of insolvency proceedings in early May this year
How optimising real estate asset performance through facility management helps
Tasked with ensuring the proper functioning of equipment and upkeep of amenities within shared spaces, Facility Management firms are increasingly unlocking operational efficiencies that are in turn maximizing real estate asset performance
Future of digital marketing: Why consumer holds the key
Consumer insights have become a cornerstone of successful digital marketing strategies
America's political dysfunction, conflict with China pushing dedollarisation: JP Morgan
Recent years have witnessed acceleration in trend towards de-dollarization with countries looking out for alternatives to reduce their reliance on the dollar
Dedollarisation: Rupee continues global march as India, Indonesia in talks to settle trade in domestic currency
Indonesia, which is among the largest economies in Asia, and is said to be the largest trading partner of India in the ASEAN region
Stock Market: Sensex breaches record 66,000-mark, Nifty scales fresh lifetime high
Buying in market heavyweight stocks Infosys, ICICI Bank and Tata Consultancy Services also helped markets settle in the positive territory
How to build right framework for managing end-to-end pharmaceutical supply chain
India's pharmaceutical industry has excelled due to low-cost manufacturing, robust R&D infrastructure, and a skilled workforce
India could surpass US to be world's second-biggest economy by 2075. Here's how
Currently, India is the fifth largest economy and is expected to leave behind Germany, Japan and the United States. China enjoys the top-most spot
‘JioBharat Phone is about digital democracy and empowerment at its best’: Suhel Seth
Experts of the telecom industry are calling the JioBharat V2 Phone a gamechanger for the industry, as it will bring affordable 4G high speed internet to a lot of people. Suhel Seth, the Chairman of CII Branding and Marketing Committee, calls it 'empowerment at its best.'
Gamechanger: JioBharat V2 Phone will empower rural India, especially women
Experts believe that the JioBharat feature phone will be a massive gamechanger. The feature phone will be instrumental from moving away from 2G devices and networks, especially if the cost of entry was a massive barrier
76% of Rs 2,000 notes returned to banks, says RBI
The central bank on May 19 announced the withdrawal of Rs 2,000 notes in circulation and gave public time till September 30 to either deposit the currency notes in their bank accounts or get them exchanged
Stock Market: Sensex breaches 65,000 mark for first time ever
Rallying for the fourth straight day, the 30-share BSE Sensex jumped 449.46 points to hit its all-time peak of 65,168.02 in early trade. The NSE Nifty climbed 128.95 points to reach its lifetime high of 19,318
FPIs investment hits 10-month high of Rs 47,148 crore in June 2023
FPI investment reached its highest level in 10 months in June. Prior to this, they had invested a net sum of Rs 51,204 crore in shares in August 2022, according to the statistics
India tech out to conquer UK as NASSCOM announces 1st SME launchpad in Britain
Indian tech SMEs looking to expand into the UK will have now have a massive advantage. NASSCOM, the leading organization representing India's technology industry, has signed an MoU with UK's MIDAS and MAG to set up its first launchpad in Britain
US responsible for de-dollarization, says IMF
IMF executive director for Russia, Aleksei Mozhin, said the call for de-dollarization has been gaining momentum with many countries switching to trade in yuan not only with China, but also with third countries
Indian stock market at record high; Sensex hits 64,000-mark, Nifty surpasses 19,000 points
Sensex jumped 621.07 points to hit its all-time high of 64,037.10 during afternoon trade. The NSE Nifty leaped 193.85 points to reach its lifetime peak of 19,011.25
India leads top 10 nations with 13.77 per cent surge in market value
The Indian market boom began on March 28, and the benchmark Sensex and Nifty have gained almost 10% apiece since then, while the mid-cap and small-cap indices have gained more than 20% each.