More From Economy
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Govt hikes interest rates on small deposits, NSC, post office deposits from Jan 1; no change in PPF
December 30, 2022 18:48 ISTInterest rates hike: According to reports, the interest rates have also been raised on post office term deposits, National Saving Certificate (NSC) and senior citizen savings schemes.
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New year gift! Odisha govt raises dearness allowance for employees by THIS much
December 30, 2022 17:13 ISTAccording to an official notice, the hike will be effective from July 1, 2022.
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China economy again on bumpy road as Covid infection surge detracts recovery
December 30, 2022 13:34 ISTChina is on a bumpy road back to normal life as people return to schools, shopping malls and restaurants following the abrupt end of some of the world's most severe restrictions even as hospitals are swamped with feverish, wheezing COVID-19 patients.
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IRB Infra's subsidiary raises Rs 700 cr to refinance existing project loans
December 30, 2022 10:07 ISTThe Mumbai headquartered highway construction company said that UTL will use proceeds to refinance the existing project debts.
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Indian economy presents a picture of resilience amid global shocks: RBI Governor
December 29, 2022 18:31 ISTAmid global shocks and challenges, the Indian economy presents a picture of resilience and the regulators are ready to take appropriate actions to preserve financial stability, RBI Governor Shaktikanta Das said.
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On Reliance Family Day event, Mukesh Ambani reveals RILs big future plans
December 29, 2022 12:58 ISTReliance Family Day 2022: Mukesh Ambani identified the businesses that his elder son Akash, his twin sister Isha and younger son Anant would lead and groom in future.
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'Offered 9,705 flats without occupancy certificates’- Fresh trouble for Supertech
December 29, 2022 11:07 ISTSupertech row: On a project-wise basis, owners have taken possession of 9,705 flats without Occupancy Certificates (OCs), Interim Resolution Professional (IRP) Hitesh Goel tells National Company Law Appellate Tribunal (NCLAT).
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Union Budget 2023: Govt likely to raise income tax exemption limit from Rs 2.5 lakh to 5 lakh
January 23, 2023 12:51 ISTBudget 2023: As of now, the maximum slab of income which is exempted from the purview of income tax is Rs 2.5 lakh.
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Mukesh Ambani completes 20 years at helm of Reliance: A look at RIL's outstanding journey under him
December 28, 2022 17:20 ISTMukesh Ambani as Reliance head: After the demise of Dhirubhai, Mukesh and his younger brother Anil Ambani jointly took over the reins of Reliance. Anil was appointed vice chairman and joint managing director while his elder brother assumed the roles of chairman and managing director.
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Real estate boom! Housing sales up 19% in Oct-Dec across 8 cities; demand grows 50% in 2022
December 28, 2022 13:02 ISTReal estate boom: According to housing brokerage firm PropTiger.com's report Real Insight, the housing sales rose 50 per cent to 3,08,940 units during this year across eight major cities as compared to 2,05,940 units sold in 2021.
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Former ICICI Bank CEO Chanda Kochhar, husband Deepak approach High Court to challenge arrest
December 27, 2022 21:41 ISTThe probe agency arrested the Kochhar's on Friday night after questioning them briefly.
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Union govt plans to release 15-20 lakh tons of wheat from FCI to contain rising prices in 2023
December 27, 2022 18:40 ISTRising retail prices: As per the data maintained by the consumer affairs ministry, the average retail price of wheat was at Rs 32.25 per kg on December 27, higher than Rs 28.53 per kg in the year-ago period. Meanwhile, wheat flour price too remained higher at Rs 37.25/kg than Rs 31.74/ a year ago.
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SMBs emerge leading job creators in 2022, tier-2 cities take the pie
December 27, 2022 17:33 ISTWith organizations embracing the new normalcy post covid, professionals continue to consider flexibility, work-life balance and upskilling as the key focus areas, even more so at present. These new trends have led to a massive transformation in the workforce.
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It may hit investment in Data centres: Global technology industry body IT on new data law
December 27, 2022 12:35 ISTDigital Personal Data Protection bill 2022: Top global technology industry body raised concerns over a government-proposed bill asserting the new law may block investment opportunities in data centres.
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Noida Authority issues Rs 235 crore notice to DLF over Mall of India land compensation
December 27, 2022 11:35 ISTThe development comes in the backdrop of a Supreme Court order on May 5 in which it had directed the Noida Authority to ensure payment of compensation for the land to its previous owner Veerana Redyy.
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Majority of Indians ready to take pay cut for job offering flexibility in working lives: Report
December 26, 2022 18:15 ISTAs per the report, around 76.38 per cent of employees in India would look for a new job if asked to return to work full-time.
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CBI arrests Videocon chairman Venugopal Dhoot in ICICI Bank loan case
December 26, 2022 12:15 ISTVideocon chairman Venugopal Dhoot arrested: The central agency had arrested former ICICI Bank CEO and managing director Chanda Kochhar and her husband Deepak Kochhar last week.
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ITR reforms likely in 2023, buoyant tax collections cushion government on fiscal front | DETAILS
December 25, 2022 14:30 ISTITR reforms news: Taxation of the digital economy, ensuring developing countries get their fair share of taxes and global coordination for taxation of cryptocurrencies would be one of the priority areas as India is all set to host the leaders of G-20 countries next year.
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Tax department to render PAN inoperative if not linked with Aadhaar by THIS date
December 24, 2022 16:40 ISTWhile Aadhaar is issued by the Unique Identification Authority of India to a resident of India, PAN is a 10-digit alphanumeric number allotted by the IT Department to a person, firm or entity.
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Former ICICI CEO Chanda Kochhar, husband Deepak sent to CBI custody till Monday
December 24, 2022 16:59 ISTThe Central Bureau of Investigation (CBI) apprehended former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar on Friday in connection with the Videocon Fraud loan case.
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CBI arrests ex-ICICI Bank CEO Chanda Kochhar, husband Deepak Kochhar in Videocon loan fraud case
December 24, 2022 7:48 ISTVideocon loan fraud case: Kochhar couple, Venugopal Dhoot of Videocon Group, along with companies Nupower Renewables, Supreme Energy, Videocon International Electronics Ltd and Videocon Industries Limited were booked by the CBI as accused.
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IMF projects 6.8 % growth in current fiscal for India
December 23, 2022 21:47 ISTThe real GDP is projected to grow at 6.8 percent and 6.1 percent in FY2022/23 and FY2023/24 respectively, said the IMF's report on India.
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Covid cases rising: Indian exporters keeping fingers crossed over China situation
December 22, 2022 21:13 ISTCovid New Wave: Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai said that if the cases continue to increase in the coming days, it may have implications on imports.
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IPOs in 2022: Fund mobilisation halves to Rs 57,000 cr; new year may be even quieter
December 20, 2022 15:44 ISTYear ender 2022: The overall collection would have been much lower had it not been for the Rs 20,557-crore LIC public offer, which constitutes as much as 35 per cent of the total amount raised during the year.
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Global e-commerce revenue drops $250 billion in 2022
December 20, 2022 15:22 ISTYear ender 2022: Supply chain issues, inflation, rising digital advertising costs, and changed consumer behaviour have all had their share in the first-ever e-commerce revenue drop
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Want to buy your dream home before 35? Here are a few tips to make it happen
December 19, 2022 15:42 ISTIf you've always wanted to own a home, real estate is the most straightforward and trouble-free investment option. It is no longer thought that one must be well settled before purchasing a home.
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Nearly 58 per cent of govt-recognised start-ups in THESE 5 states | Check FULL LIST
December 18, 2022 10:02 ISTStart up India: The government with the intent to build a strong ecosystem for nurturing innovation and start-ups in the country launched the Start-up India initiative on January 16, 2016.
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Finance Min Nirmala Sitharaman chairs 48th GST Council meet virtually; no tax increase on any item
January 05, 2023 17:58 ISTGST Council meeting: Union Finance Minister Nirmala Sitharam said eight of the agenda points of the 48th GST council meeting were discussed and the remaining would be carried on to the next meeting.
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CID arrests Ajita Bhattacharya's PA for extorting Rs 40 lakh to manage JPSC interviews
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Nitin Nabin names Raje, Madhav BJP vice presidents; Smriti Irani becomes general secretary
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Ayush Shetty stuns World No.1 Shi Yuqi in biggest win of his career at Badminton World Championships
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Two Mumbai doctors who guarded Jinnah's secret set to receive Pakistan's highest civilian award
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Ayush Shetty stuns World No.1 Shi Yuqi in biggest win of his career at Badminton World Championships
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Kashmera Shah shares cryptic post amid Govinda-Sunita Ahuja's public feud: 'People cheating…'
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Alia Bhatt's vacation album with Ranbir Kapoor and Raha is all about cuddles and family time
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CID arrests Ajita Bhattacharya's PA for extorting Rs 40 lakh to manage JPSC interviews
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Punjabi musician sticks phone outside moving train to film himself singing, disappears from frame
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Goa man loses his clogs among hundreds of pairs outside Mahakal Temple, ChatGPT helps him spot them
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Indian professional reveals how his net worth jumped from Rs 1 crore to Rs 7.5 crore in 3 years
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American woman praises India's healthcare after mother's surgery costs 90% less than the US
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Woman meets man earning over twice her salary for marriage, rejects him after he asks this question