Category: Business

Business

Video-gaming firms write to PMO seeking distinction from real-money gaming industry

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Video-gaming firms write to PMO seeking distinction from real-money gaming industry

The video gaming industry has said the term ‘online gaming’ is a broad and ambiguous term that is causing confusion among gamers, games publishers, international investors and media amid the GST row. Image used for representational purposes only. | Photo Credit: Special Arrangement As many as 45 video game companies in India on July 26,…

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Business

Mondelez India to invest ₹1,600 crore in its manufacturing facility at Sri City

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Mondelez India to invest ₹1,600 crore in its manufacturing facility at Sri City

Chief Minister Y.S. Jagan Mohan Reddy participating, in virtual mode, in the groundbreaking ceremony of Mondelez India’s expansion unit at Sri City in Tirupati district on Tuesday. | Photo Credit: SPECIAL ARRANGEMENT Chief Minister Y.S. Jagan Mohan Reddy participated virtually in the groundbreaking ceremony of the expansion unit of Mondelez India’s manufacturing facility in the…

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Business

Morning Digest | Indian economy to grow at 6.1% in 2023, IMF projects; Opposition for no-trust vote against Narendra Modi government, and more

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Morning Digest | Indian economy to grow at 6.1% in 2023, IMF projects; Opposition for no-trust vote against Narendra Modi government, and more

IMF delegates participate in a news conference on the IMF release of the World Economic Outlook Update, at IMF headquarters in Washington, DC, on July 25, 2023. | Photo Credit: AFP Names of 5 crore MGNREGS workers deleted in 2022-23, Minister informs Lok Sabha Rural Development Minister Giriraj Singh, in a written reply to the…

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Business

Data | In Telangana, districts near capital have flourished, while those in periphery lag behind

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Data | In Telangana, districts near capital have flourished, while those in periphery lag behind

In Telangana, there is a stark difference in socio-economic indicators between the districts around Hyderabad, the capital, and those far away from it. This is the fourth story in a series of Data Points exploring the inter-district differences in the southern States. The district-wise variations in Tamil Nadu, Kerala, and Karnataka were discussed earlier. Given…

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Business

Aviation regulator DGCA removes SpiceJet from its enhanced surveillance regime

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Aviation regulator DGCA removes SpiceJet from its enhanced surveillance regime

The senior DGCA official said that in view of the observations made in the past concerning inadequate maintenance and in view of the incidents during the monsoon season last year, SpiceJet was placed under enhanced surveillance. | Photo Credit: Reuters Aviation watchdog DGCA has taken off SpiceJet from its enhanced surveillance regime, a senior official…

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Business

Tata Steel Q1 net profit falls over 93% to ₹524.85 crore

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Tata Steel Q1 net profit falls over 93% to ₹524.85 crore

FILE PHOTO: A man walks past a screen displaying Tata Steel logo before the start of a news conference in Mumbai, India May 25, 2016. REUTERS/Danish Siddiqui TPX IMAGES OF THE DAY/File Photo | Photo Credit: DANISH SIDDIQUI Tata Steel on July 24 posted over 93% decline in consolidated net profit to ₹524.85 crore for…

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