More From Economy
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Tatas gets loan commitment from SBI-led consortium for Air India
January 27, 2022 15:06 ISTTata Group, which won the bid to acquire the national carrier along with Air India Express and 50 per cent stake in AISATS in October last year, is expected to formally takeover the airline on Thursday.
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Adani Wilmar IPO opens today, edible oil major plans to raise up to Rs 3,600 crore
January 27, 2022 11:29 ISTThe public issue, comprising fresh equity shares, will open for subscription on January 27 and close on January 31.Price band is Rs 218-230 per share.
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Tata Sons chairman Chandrasekaran meets PM Modi ahead of Air India handover
January 27, 2022 15:03 ISTMaharaja is the official mascot of Air India which operates globally apart from domestic operations. According to the available data in 2020, "Air India operates around 101 destinations including 57 domestic operations including 33 countries on four continents around the world."
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Future Enterprises to sell 25 pc stake in general insurance JV to partner Generali for Rs 1,253 Cr
January 27, 2022 9:43 ISTFGIICL is a joint venture between Future Enterprises and Generali Participations Netherlands NV (Generali).
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Microsoft's Satya Nadella, Google's Sundar Pichai to be honoured with Padma Bhushan
January 25, 2022 21:51 ISTPadma Bhushan is the third-highest civilian award in the country, after Bharat Ratna and Padma Vibhushan.
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IMF cuts India's economy growth forecast to 9 per cent in FY22
January 25, 2022 20:15 ISTIn its latest update of World Economic Outlook on Tuesday, the International Monetory Fund, which had in October last year projected a 9.5 per cent GDP growth for India, put the forecast for the next fiscal FY23 (April 2022 to March 2023) at 7.1 per cent.
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Union Budget to be presented on February 1 at 11 am: Sources
January 25, 2022 22:30 ISTAs per the Covid protocols, the Rajya Sabha will function from 10 am to 3 pm, and the Lok Sabha from 4 pm to 9 pm, except on February 1 when the Budget will be presented in Lok Sabha.
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Budget 2022: 'Aggrevated' Telangana writes wish list to Centre, seeks Rs 14k Cr for key projects
January 24, 2022 23:22 ISTThe Telangana government, which has been unhappy with the Central government for doing "injustice" to the state in successive budgets, has put forward the sector-wise list of demands ahead of presentation of the Union Budget on February 1. The state has reiterated many old demands.
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Air India to be handed over to Tata Group on January 27
January 24, 2022 17:18 ISTAfter a competitive bidding process, the government had on October 8 last year sold Air India to Talace Private Limited.
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Sensex nosedives 1,546 pts; Nifty tanks below 17,200
January 24, 2022 17:17 ISTBenchmark indices started the session on a weaker note and the selling intensified during afternoon trade, with almost all sectoral indices ending in the red.
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Delhi man's Rs 4.5 cr cryptocurrency fraudulently transferred to Palestine's Hamas wing
January 24, 2022 13:54 ISTDelhi Police traced fraudulently transfer of those cryptocurrencies of current value Rs 4.5 crore to three different foreign accounts, including one to Palestinian militant organisation Hamas.
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Centre to release Rail Budget 2022 on Feb 1 | Here's what to expect
January 23, 2022 22:22 ISTFinance Minister Nirmala Sitharaman will present her fourth budget on February 1 and according to sources, the Central government is going to increase the outlay for the rail budget this time by 15-20 per cent. Last year, the government had allocated Rs 1,10,055 crore to the Railways.
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Increase regulatory focus on cryptocurrency: Pre-Budget survey
January 23, 2022 12:48 ISTAs per the Grant Thornton Bharat survey, nearly 79 per cent of the respondents feel that Budget FY23 should focus on regulating cryptocurrencies and NFTs.
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'Some bright spots, number of very dark stains': Raghuram Rajan on Indian economy
January 23, 2022 12:11 ISTKnown for his frank views, Rajan also said the government needs to do more to prevent a K-shaped recovery of the economy hit by the coronavirus pandemic.
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India emerges as world's largest exporter of cucumber, gherkins
January 23, 2022 11:14 ISTGherkins are exported under two categories -- cucumbers and gherkins, which are prepared and preserved by vinegar or acetic acid and cucumbers and gherkins, which are provisionally preserved.
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Union Budget 2022: Indian startups seek friendly policies, tax incentives
January 23, 2022 10:06 ISTIn last year's Budget, Finance Minister Nirmala Sitharaman had announced Rs 1,500 crore to further accelerate digital payments' growth in the country.
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Amazon now offers its employees 'Pay to Quit' bonus, but there's a catch
January 22, 2022 17:34 ISTThe headline on the offer is, Amazon founder Bezos said, “Please Don’t Take This Offer.”
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Sri Lanka settles sovereign bond payment as reserves dwindle
January 20, 2022 23:30 ISTIncluding the latest payment, Sri Lanka has foreign debt obligations exceeding $7 billion in 2022, including repayment of another bond worth $1 billion in July.
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Centre releases Rs 95,082 cr to states as tax devolution for January
January 20, 2022 16:52 ISTPoll bound states of Uttar Pradesh will receive Rs 17,056.66 crore, Uttarakhand Rs 1,063.02 crore, Punjab will receive Rs 1,718.16 crore and Goa is going to get Rs 367.02 crore along with all other states.
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What healthcare sector expects from Union Budget 2022
January 20, 2022 16:17 ISTBudget 2022: The healthcare sector wants the government to allocate funds for the development of resources to strengthen the monitoring system of the health status of the public and push the research and development to discover products to address health-related issues.
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Reliance Jio topples BSNL as largest fixed line broadband provider
January 19, 2022 10:59 ISTJio started commercial roll out of fixed line broadband service, JioFibre, in September 2019.
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This bootstrap edtech company eyes Rs 400 crore turnover in 2022
January 18, 2022 22:14 ISTThe group offers courses for preparation for various examinations which include courses for UPSC (CSE/IAS), UPSC ESE/IES, UPPSC/PCS examinations, Defence services examinations which include preparatory courses for CAPF, NDA, Airforce, and Navy, and CDS for IMA and OTA, Examination for Intelligence Bureau (IB), etc.
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82% of professionals in India considering job change in 2022
January 19, 2022 16:45 ISTLinkedIn, the leading online professional network, on Tuesday launched new job-seeker research, which revealed that 82 per cent of professionals in India are considering a job change in 2022.
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Fraud of the Congress, for the Congress and by the Congress, says Sitharaman on Devas-Antrix issue
January 18, 2022 18:41 ISTThe Finance Minister said the government is now fighting in every court to save taxpayers' money that would otherwise go towards paying for arbitration awards that Devas has won against the cancellation of the 2005 deal.
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Budget 2022: FADA seeks GST rate cut on two-wheelers to 18% to spur demand
January 17, 2022 15:05 ISTThe Federation of Automobile Dealers Association (FADA), which represents over 15,000 automobile dealers having 26,500 dealerships, noted that two-wheelers are not a luxury item and hence GST rates need to come down.
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Union Budget 2022: Tax rebates in Budget for realty vital for salaried class
January 17, 2022 13:58 ISTThe average ticket size of a home-loan of young borrowers has continued to increase over the last 5 years, with a CAGR of 6.2 per cent. The ticket size continues to increase more for women than men.
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India's 10 richest' wealth enough to fund school, higher education of every child for 25 yrs: Study
January 17, 2022 8:09 ISTIn its annual inequality survey released on the first day of the World Economic Forum's online Davos Agenda summit, Oxfam India further said that an additional one per cent tax on the richest 10 per cent can provide the country with nearly 17.7 lakh extra oxygen cylinders.
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WFH, massive growth of e-gaming propelling storage data industry in India: A market insight
January 15, 2022 22:17 ISTBiWin, a leading manufacturer of storage devices for various top brands, is buoyant of growth of the said industry. BiWin India head Rajesh Khurana explains in detail about the storage device market and catalysts triggering its growth.
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Satyendar Jain, former Delhi minister, arrested by ACB in Delhi Jal Board scam case; 5 others held
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Four-tier paper checking system, CISF security: Centre makes big NTA overhaul after NEET row
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Trump posts map labelling Strait of Hormuz 'new US territory' as Iran says waterway to remain shut
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Madonna leads MTV VMAs 2026 nominations with 11 nods, Taylor Swift close behind with nine
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Two girls injured after giant ride breaks down at fair in Lucknow
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FASTag local pass facility launched at 121 toll plazas across India, know who will benefit
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Four-tier paper checking system, CISF security: Centre makes big NTA overhaul after NEET row
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Delhi Police sees major reshuffle: 43 IPS-DANIPS officers get new postings | Check full list
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Madonna leads MTV VMAs 2026 nominations with 11 nods, Taylor Swift close behind with nine
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Massive crocodile enters Goa home, residents rush indoors as panicked stray dogs bark
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Biker narrowly escapes massive landslide in West Bengal's Kalimpong
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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