Stay Connected. Stay Informed.
Business
File. | Photo Credit: Arunangsu Roy Chowdhury Equity benchmark indices declined in early trade on September 18 after a record-breaking rally last week, in line with weak trends in global markets and caution ahead of the U.S. Federal Reserve’s interest rate decision. After an 11-day rally, the 30-share BSE Sensex fell 286.6 points to 67,552.03….
Read More “Markets fall in early trade after record-breaking rally” »
Representational image | Photo Credit: PTI The Finance Ministry has invited applications for the post of whole-time member (Distribution) at the Insurance Regulatory and Development Authority (IRDAI). The applicant should preferably have at least 25 years of experience in the relevant area with a minimum of three years experience at a senior level, the Department…
Read More “Finance Ministry seeks applications for post of whole-time member at IRDAI” »
Making deliveries on time. Illustration of a food delivery worker riding a vehicle to drop a delivery | Photo Credit: Getty Images/iStockphoto A survey report on food delivery partners by the National Council of Applied Economic Research validates several common beliefs, such as workers being young graduates who work extended hours for better pay and…
Akasa Air, which currently has a fleet of 20 planes, started operations in August 2022. File Akasa Air on September 16 said it has taken legal action against a “small set of pilots” for leaving the airline without serving their notice period. The departure of pilots had led to cancellation of many flights. Pilot shortage is…
Read More “Akasa Air sues pilots who left without serving notice period” »
The key allegation against Google is that its “arrangements” with Apple and other companies to be the default search engine on their devices, is unlawful monopoly building. File | Photo Credit: AP The story so far: On September 12, Justice Amit Mehta of the U.S. District Court for the District of Columbia started hearing what…
Read More “Why is Google on trial in the United States? | Explained” »
VST Group Managing Director Arun V. Surendra plans to double the automobile touchpoints of luxury cars to 100 in two-three years. | Photo Credit: Special Arrangement Bengaluru-headquartered VST Group has decided to expand its business in all the three verticals it operates, said Managing Director Arun V. Surendra. The 113-year-old business conglomerate is a franchise…
Read More “VST Group plans expansion in all three business verticals” »
VST Group Managing Director Arun V. Surendra plans to double the automobile touchpoints of luxury cars to 100 in two-three years. | Photo Credit: Special Arrangement Bengaluru-headquartered VST Group has decided to expand its business in all the three verticals it operates, said Managing Director Arun V. Surendra. The 113-year-old business conglomerate is a franchise…
Read More “VST Group plans expansion in all three business verticals” »
The SLSWCC committee approved 26 projects involving more than ₹50 crore investment, totalling ₹5,750.73 crore. (representational image) The State Level Single Window Clearance Committee (SLSWCC) on September 16 cleared 91 industrial investment proposals worth ₹7,659.52 crore with an employment generation potential of 18,146 within Karnataka. The SLSWCC committee headed by Minister for Large and Medium…
Read More “Karnataka Govt approves 91 investment projects worth ₹7,660 crore” »
Image used for representative purpose only. | Photo Credit: AP The government on Friday hiked special additional excise duty (SAED) on crude petroleum to ₹10,000 per tonne with effect from September 16. In the last fortnightly review on September 1, windfall tax on domestically produced crude oil was set at ₹6,700/tonne. Besides, the SAED or…
Read More “Govt. hikes windfall tax on domestic crude, cuts levy on export of diesel, ATF” »
The items on which the retaliatory tax has been removed include lentils, almonds, walnuts and apples. New Delhi: The basic customs duties and other levies will continue on eight products, including apple and walnut from the US as well as other countries, a senior government official said on Friday. Additional Secretary in the Department of…
Read More “Basic Duties On 8 US Products To Stay, Only Retaliatory Tax Gone: Official” »