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Congress Rahul Gandhi shows a stock market movement chart during a press conference in New Delhi on June 6, 2024. | Photo Credit: AP The story so far: The Indian stock market witnessed extreme volatility right after the release of the exit poll results earlier this month and on June 4 when the results of…
Read More “Should the recent stock market volatility be probed? | Explained” »
Elena Sorlini, MD & CEO, Abu Dhabi Airports says, passengers can experience ‘a piece of art and a high level of service’, at Zayed International’s new terminal, one of Abu Dhabi’s five airports. Photo: Special Arrangement Abu Dhabi’s Zayed International Airport with an expanded capacity and a new terminal building will be a good “solution”…
Elena Sorlini, MD & CEO, Abu Dhabi Airports says, passengers can experience ‘a piece of art and a high level of service’, at Zayed International’s new terminal, one of Abu Dhabi’s five airports | Photo Credit: Special arrangement Abu Dhabi’s Zayed International Airport with an expanded capacity and a new terminal building will be a…
Read More “‘Urge Indians to use Zayed International as Dubai airport is reaching capacity’” »
Tata Motors has announced that it has sold 7 lakh units of Nexon SUV in seven years. Introduced in 2017 Nexon has emerged as India’s largest selling SUV for three consecutive years from 2021 to 2023, the company said in a statement. Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility Ltd.,said, “Since its launch…
Read More “Tata Motors says it sold 7 lakh units of Nexon SUV in 7 years” »
Butterfly Gandhimathi Appliances, maker of kitchen and small domestic appliances, on June 15 said its Managing Director Rangarajan Sriram has resigned. His resignation is effective from June 14, 2024. The company has appointed Swetha Sagar as its Manager & Chief Business Officer. Ms. Sagar, in her new role, would continue to lead the Butterfly business,…
Representational image only. General insurers reported 14.89% increase in gross direct premium underwritten to ₹20,907.51 crore in May compared to ₹18,197.6 crore in the year earlier period on the back of standalone health insurance companies continuing to perform better than the non-life segment growth. Without including the numbers of specialised insurers Agriculture Insurance Co. of…
Read More “Health insurers set pace for May non-life gross direct premium ” »
Congress leader Jairam Ramesh. File | Photo Credit: The Hindu The Congress on June 15 said it is the government’s responsibility to ensure that competition among corporates is not stifled, oligopolies or monopolies do not emerge and corporate takeovers are free and fair. “It is also the government’s responsibility to ensure that undue advantage arising…
The government has reduced windfall tax on domestically-produced crude oil to ₹3,250 per tonne from ₹5,200, with effect from Saturday. | Photo Credit: Reuters The government has reduced windfall tax on domestically-produced crude oil to ₹3,250 per tonne from ₹5,200, with effect from Saturday. The tax is levied in the form of Special Additional Excise…
Read More “Windfall tax on crude petroleum slashed to ₹3,250/tonne” »
India’s large informal non-agricultural sector was badly hit by the second wave of the COVID-19 pandemic, but has recovered gradually since then, with the number of unincorporated firms and their employees rising almost 6% and 8%, respectively, by the latter half of 2022-23, according to findings of an official survey. Gross Value Added (GVA) by…
Read More “NSSO survey finds COVID-19’s second wave hit informal economy hard” »
Image for representational purposes only. | Photo Credit: INDRANIL MUKHERJEE The Telecom Regulatory Authority of India (TRAI) on Friday emphasised the use of the 160 number series exclusively for making all transactional and service voice calls. It held that adherence would ensure easy identification of the calling entity (for customers) and prevent duping attempts from…
Read More “TRAI emphasises use of 160 number series to make service, transactional calls” »
