Mumbai: Equity benchmark indices Sensex and Nifty rallied on Tuesday tracking a positive trend in the global markets and unabated foreign fund inflows. Buying in index major Reliance Industries, Infosys and ITC also helped markets extend their previous day’s gain. The 30-share BSE Sensex advanced 273.67 points or 0.42 per cent to settle at 65,617.84….
New Delhi: Net direct tax kitty swelled 16 per cent to Rs 4.75 lakh crore so far this fiscal, a reflection of economic activity gaining traction. The Income Tax department in a statement said the collection has touched 26.05 per cent of the total budget estimates of direct taxes for full 2023-24 fiscal of Rs…
New Delhi: Indian captain Sunil Chhetri on Sunday backed head coach Igor Stimac’s demand for a four-week camp before the Asian Cup early next year, saying the team needs to have enough preparation time to face the best sides in the continent. The 38-year-old Chhetri, who will be playing his last Asian Cup in Doha…
New Delhi: Finance Minister Nirmala Sitharaman has asked public sector banks (PSBs) to take swift action in cases concerning fraud and wilful defaults to reduce bad loans and take steps to accelerate growth momentum, sources said. Banks have written off Rs 11.17 lakh crore bad loans from their books in the last six years till the…
Panaji (Goa): India is being crowned as the world’s largest consumer of whisky as its consumption as a nation in the world is around 242 million cases annually. And, one of the country’s leading producers of world-class whisky, the Cheers Group, has now come up with a new brand which is appropriately named Decade Age,…
New Delhi: Union Minister Nitin Gadkari on Thursday said that the draft notification to mandate the installation of air-conditioning systems in the cabins of trucks has been approved. The draft prepared includes trucks under categories N2 and N3, Union Minister Nitin Gadkari tweeted. “Approved the draft notification to mandate the installation of air-conditioning systems in the…
New Delhi: The Union Cabinet has approved draft of Digital Personal Data Protection (DPDP) Bill 2023 for tabling it in the upcoming monsoon session of Parliament, an official source said on Wednesday. The bill proposes to levy penalty of up to Rs 250 crore on entities for every instance of violation of norms in the bill. “The Cabinet…
Islamabad: The IMF’s executive board is set to meet on July 12 to review the USD 3 billion Standby Arrangement with cash-strapped Pakistan and will also possibly release the first tranche of USD 1.1 billion as part of the loan programme, a media report said on Wednesday. The Pakistan government and the International Monetary Fund…
New Delhi: Union ministers Nirmala Sitharaman and Rajeev Chandrasekhar on Tuesday discussed various issues related to the digital competition law. A panel chaired by Corporate Affairs Secretary Manoj Govil will be preparing a report on digital competition law, where it will examine various regulatory aspects in dealing with challenges emerging from the digital economy. On Tuesday,…
Mumbai: Tina Ambani, the wife of Reliance ADA Group Chairman Anil Ambani, on Tuesday appeared before the Enforcement Directorate (ED) here for questioning and recording her statement in connection with an investigation linked to the alleged contravention of the foreign exchange law, official sources said. Anil Ambani had recorded his statement in the case on…
