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BSE Sensex. File. | Photo Credit: REUTERS Benchmark equity indices hit their all-time high levels in early trade on Monday, with the Sensex breaching the 77,000-mark for the first time ever, rallying for the fourth day running. Optimism in the markets is due to various factors such as the Reserve Bank of India (RBI) revising…
India, with a population of close to 1.5 billion, is seeing a growing international travel demand. | Photo Credit: B. Velankanni Raj Indian aviation market’s pace of growth needs to be matched with capacity, and increased competition will provide more choices for consumers, Emirates Airline Deputy President and Chief Commercial Officer Adnan Kazim has said,…
Idly/Dosa Batter. | Photo Credit: Bijoy Ghosh Instant mixes, including idli, dosa and khaman flour, cannot be classified as chhatua or sattu and 18% GST should be levied on them, the Gujarat Appellate Authority for Advance Ruling (GAAAR) has ruled. Gujarat-based Kitchen Express Overseas Ltd had approached the AAAR against the ruling by the GST…
An Indigo flight landing on the runway at Mumbai’s Chhatrapati Shivaji Maharaj International Airport while an Air India flight is still in the process of taking off. The Directorate General of Civil Aviation (DGCA) has taken swift action by de-rostering an Air Traffic Control officer (ATCO) officer from Mumbai following a potentially disastrous incident involving…
The logo of Lupin is seen on the facade of its pharmaceutical plant in Verna, in Goa. File | Photo Credit: Reuters Drug firm Lupin is recalling over 51,000 bottles of a generic antibiotic medication in the U.S. market due to a “defective container”, according to the American health regulator. The U.S.-based arm of the…
Read More “Lupin recalls 51k bottles of generic antibiotic drug in US” »
Image used for representative purpose only. State-owned Oil and Natural Gas Corporation (ONGC) is seeking foreign partners to reverse declining output at its flagship Mumbai High fields, offering a share of revenue from incremental production plus a fixed fee but not any equity stake. ONGC on June 1 floated an international tender seeking global technical…
Read More “ONGC seeks foreign partners for Mumbai High oilfield” »
Representational photo | Photo Credit: Reuters The CBIC on June June 7 listed out parts or components, such as touch panel, cover glass, and LED backlight, which constitute the display assembly of a mobile phone and will attract a 10% import duty. It also said components, including the frame, SIM tray, and side keys like…
Read More “CBIC clarifies on display assembly of mobile phones for levy of 10% import duty” »
The U.N.’s Food and Agriculture Organisation in its latest report on fisheries and aquaculture has said the global catch and harvest brought in more than 185 million tons of aquatic animals in 2022. File | Photo Credit: VIBHU H The total global volume of fish, shrimp, clams and other aquatic animals that are harvested by…
Read More “More aquatic animals were farmed than fished in 2022, for the first time ever” »
File picture of Prime Minister Narendra Modi with Tesla and SpaceX CEO Elon Musk, in New York. The billionaire congratulated Mr. Modi on the Lok Sabha election win | Photo Credit: PTI American tech billionaire Elon Musk on Friday said he is looking forward to his companies doing “exciting work” in India as he congratulated…
A man watches a digital screen displaying stock numbers outside the Bombay Stock Exchange building in Mumbai on June 4, 2024. | Photo Credit: PTI A lawyer has filed an application in the Supreme Court seeking directions to the Centre and the Securities and Exchange Board of India (SEBI) to submit a report on the…
Read More “Plea in Supreme Court seeks probe into post-poll market crash” »
