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The tail fins of Go First airline, formerly known as GoAir, seen parked on the tarmac at the airport in New Delhi on May 11, 2023 | Photo Credit: REUTERS I, A global aviation leasing watchdog has cut India’s compliance rating with international leasing laws and kept the country on a watchlist with a negative…
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The tail fins of Go First airline, formerly known as GoAir, seen parked on the tarmac at the airport in New Delhi on May 11, 2023 | Photo Credit: REUTERS I, A global aviation leasing watchdog has cut India’s compliance rating with international leasing laws and kept the country on a watchlist with a negative…
Read More “Aviation leasing watchdog cuts India’s compliance rating” »
The excess premium will be considered as ‘income from sources’ and taxed at the rate of up to over 30% New Delhi: The Income Tax Department has notified new angel tax rules that comprise a mechanism to evaluate the shares issued by unlisted startups to investors. While previously the angel tax – a tax levied…
Read More “New Angel Tax Rules For Valuing Investments In Unlisted Start-Ups Investors” »
JPMorgan has expanded its investment banking team in India Mumbai: India could be among the three fastest growing markets for JPMorgan in the Asia Pacific region next year, alongside Australia and Japan, said a top official at the Wall Street bank. “People are starting to get excited about the whole China plus one element and…
Representational file image. | Photo Credit: Vijay Soneji India’s export of cut and polished diamonds is projected to decline by 22% to $17.2 billion in the current fiscal due to weakened demand from the key consuming nations, according to rating agency Icra. In the first five months of the current fiscal, cut and polished diamond…
U.S. Ambassador to India Eric Garcetti during the 20th Indo-US Economic Summit, in New Delhi on September 26, 2023 | Photo Credit: ANI India and the US need to strive towards a more ambitious and frictionless bilateral trade relationship, U.S. Ambassador to India Eric Garcetti said in New Delhi on Tuesday. Speaking at the 20th…
File. | Photo Credit: REUTERS Benchmark Sensex closed lower by 78 points in a listless trade on September 26 due to select profit-taking in IT and banking shares in line with weak Asian markets and continuous foreign fund outflows. The 30-share BSE Sensex fell 78.22 points or 0.12% to settle at 65,945.47 with 14 of…
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Air India passenger aircrafts. File | Photo Credit: Reuters i Air India and Singapore Airlines will ensure minimum capacity on various domestic and international routes, including Delhi-Sydney and Delhi-Paris, as part of commitments made to fair trade regulator CCI to address possible competition concerns arising out of the Vistara merger. Competition Commission of India (CCI),…
Wet grinder manufacturing at a unit in Coimbatore. File | Photo Credit: M. Periasamy Festival season, when sale of kitchen equipment peak, does not offer hope for wet grinder manufacturers in Coimbatore. Manufacturers of the grinders, a product that has Geographical Indication tag, are moving to other businesses as demand has slumped. R. Soundarakumar, president…
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A stock brokers react as Sensex and Nifty plummets. | Photo Credit: ANI Equity benchmark indices fell in early trade on Tuesday in line with weak Asian markets and continuous foreign fund outflows. The 30-share BSE Sensex fell 98.14 points to 65,925.55. The Nifty declined 18.75 points to 19,655.80. Among the Sensex firms, Asian Paints,…
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