Category: Business

Business

Government Says Working On Using AI To Reduce Pendency Of Consumer Cases

Posted on By admin
Government Says Working On Using AI To Reduce Pendency Of Consumer Cases

Consumer Affairs Ministry said it is working on using AI to reduce the pendency of cases New Delhi: The Consumer Affairs Ministry today said it is working on using artificial intelligence (AI) to reduce the pendency of cases in various consumer courts in the country. The ministry also said the National Consumer Dispute Redressal Commission…

Read More “Government Says Working On Using AI To Reduce Pendency Of Consumer Cases” »

Business

Government Says Working On Using AI To Reduce Pendency Of Consumer Cases

Posted on By admin
Government Says Working On Using AI To Reduce Pendency Of Consumer Cases

Consumer Affairs Ministry said it is working on using AI to reduce the pendency of cases New Delhi: The Consumer Affairs Ministry today said it is working on using artificial intelligence (AI) to reduce the pendency of cases in various consumer courts in the country. The ministry also said the National Consumer Dispute Redressal Commission…

Read More “Government Says Working On Using AI To Reduce Pendency Of Consumer Cases” »

Business

Tata Motors to hike commercial vehicles prices by up to 3% from Oct

Posted on By admin
Tata Motors to hike commercial vehicles prices by up to 3% from Oct

Image for representation | Photo Credit: Reuters Tata Motors on Monday said it will increase prices of its commercial vehicles by up to 3% from October 1, 2023. The price increase is to offset the residual impact of the past input costs and will be applicable across the entire range of commercial vehicles, Tata Motors…

Read More “Tata Motors to hike commercial vehicles prices by up to 3% from Oct” »

Business

States Shifting To Old Pension Scheme Major Step Backwards: RBI Article

Posted on By admin
States Shifting To Old Pension Scheme Major Step Backwards: RBI Article

Recently, some states have announced reversal to the OPS from NPS. (Representational) Mumbai: States reverting to the old pension scheme is a “major step backwards” and may take the fiscal stress of states to “unsustainable levels” in the medium to long term, according to an article by RBI staffers. The article by Rachit Solanki, Somnath…

Read More “States Shifting To Old Pension Scheme Major Step Backwards: RBI Article” »

Business

Transworld Holdings revises buy back price to ₹375 for Shreyas Shipping shares

Posted on By admin
Transworld Holdings revises buy back price to ₹375 for Shreyas Shipping shares

Transworld Holdings Ltd (THL), the promoter of Shreyas Shipping & Logistics Ltd. (SSL) has announced to acquire shares of SSL from investors at a revised indicative price of Rs 375 per share as compared to the earlier offer of ₹338 per share.  The floor price determined as per delisting regulations is ₹292 per share.  THL had…

Read More “Transworld Holdings revises buy back price to ₹375 for Shreyas Shipping shares” »

Business

Jindal SAW, Hunting Energy JV set to produce premium connections for OCTG market, to replace imports

Posted on By admin
Jindal SAW, Hunting Energy JV set to produce premium connections for OCTG market, to replace imports

(left to right) Daniel Tan- Managing Director Hunting Energy Services Pte. Ltd (Asia Pacific), Jim Johnson- CEO Hunting PLC, PR Jindal- Chairman Jindal SAW Ltd. and Neeraj Kumar- Group CEO & Whole -Time Director, Jindal SAW Ltd inaugurate a facility of JV firm Jindal Hunting Energy Services Ltd (JHESL) in Nashik, on September 18, 2023….

Read More “Jindal SAW, Hunting Energy JV set to produce premium connections for OCTG market, to replace imports” »

Business

Rupee hits all-time low of 83.29 against U.S. dollar

Posted on By admin
Rupee hits all-time low of 83.29 against U.S. dollar

File. | Photo Credit: C. Venkatachalapathy The rupee depreciated for the fourth straight day to settle 13 paise lower at its lifetime low of 83.29 (provisional) against the US dollar on Monday, mainly due to risk aversion in global markets and rising crude oil prices. Besides, a strong American currency against key rivals overseas and…

Read More “Rupee hits all-time low of 83.29 against U.S. dollar” »

Business

Sensex, Nifty fall after record-breaking rally; investors await Fed rate decision

Posted on By admin
Sensex, Nifty fall after record-breaking rally; investors await Fed rate decision

The 30-share BSE Sensex fell 241.79 points or 0.36% to settle at 67,596.84. File | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty declined on September 18 after a record-breaking rally in line with weak trends in global markets and caution ahead of the U.S. Federal Reserve’s interest rate decision. Snapping its 11-day rally, the…

Read More “Sensex, Nifty fall after record-breaking rally; investors await Fed rate decision” »

Business

Net Direct Tax Collection Grows 23.5% To ₹8.65 Lakh Crore April To September 16

Posted on By admin
Net Direct Tax Collection Grows 23.5% To ₹8.65 Lakh Crore April To September 16

The government has issued tax refunds during the current fiscal year (Representational) New Delhi: The net direct tax collections rose 23.5% on the year to 8.65 trillion rupees ($103.9 billion) in April-September 16, the government said on Monday. The tax collection includes corporate tax of 4.16 trillion rupees and personal income tax of 4.47 trillion…

Read More “Net Direct Tax Collection Grows 23.5% To ₹8.65 Lakh Crore April To September 16” »

Business

Banks Will Remain Shut In These Cities On September 18 And 19

Posted on By admin
Banks Will Remain Shut In These Cities On September 18 And 19

Ganesh Chaturthi 2023: Banks will remain closed for two days- September 18 and 19. Banks will remain closed for two days —  September 18 and 19 —  in some parts of the country for Ganesh Chaturthi. This year, the 10-day-long Ganesh Utsav will be observed from September 19 to September 28. Ahead of the festival,…

Read More “Banks Will Remain Shut In These Cities On September 18 And 19” »

Business