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Just about everything comes to your door today — from food and groceries to clothes and appliances. For thousands of workers who bring them over, it is always a race against time. Quick commerce companies promise customers deliveries in about 10 minutes, placing an unrealistic expectation on the delivery personnel who have to navigate Bengaluru’s…
Decathlon India CEO Sankar Chatterjee. Decathlon, the French sports gear and fitness equipment brand, said it would hire 2,500 new people, double revenues to ₹8,000 crore and invest €100 million in India by 2030. Decathlon India CEO, Sankar Chatterjee told The Hindu that the French brand was capitalising on the growing sports markets in India….
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A view of the International Monetary Fund. | Photo Credit: Reuters The Indian government has objected to the International Monetary Fund’s (IMF) baseline assumption that the U.S.’ 50% tariffs would continue, saying they would not remain in place “indefinitely”. The government added that the IMF’s assessment of the growth impact of the tariffs was “on…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Benchmark NSE Nifty 50 touched an all time high of 26,310 points before paring gains and closing at 26,215.55, on November 27. The Sensex too hit an all time high of 86,055.86 points and settled at 85,720 points at the end of the session….
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The Central Board of Direct Taxes (CBDT) is launching the second edition of its ‘Nudge’ campaign where it sends emails and messages to taxpayers to revise their returns as it has found several cases where taxpayers have foreign assets that they have not declared. The first edition of this Non-intrusive Usage of Data to Guide…
Read More “CBDT launches second campaign to ‘nudge’ taxpayers to disclose foreign assets, income” »
The International Monetary Fund logo is seen outside the headquarters building in Washington. Image used for representation purpose only. | Photo Credit: Reuters The International Monetary Fund’s (IMF) annual review has given India’s national accounts statistics, which includes key figures such as Gross Domestic Product (GDP) and Gross Value Added (GVA), a grade of ‘C’,…
The rupee depreciated 8 paise to settle at 89.30 (provisional) against the U.S. dollar on Thursday (November 27, 2025) amid a firm greenback due to its higher demand from importers and banks. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 8 paise to settle at 89.30 (provisional) against the U.S. dollar on Thursday (November 27,…
Read More “Rupee declines 8 paise to close at 89.30 against U.S. dollar” »
Bronze statue of a bull outside the Bombay Stock Exchange (BSE) building in Mumbai. File. | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty scaled fresh lifetime highs in intra-day trade on Thursday (November 27, 2025) before closing marginally higher amid positive global trends on growing hopes of a U.S. Fed rate cut and…
Read More “Sensex, Nifty scale record highs on rate cut hopes, foreign fund inflows” »
Representational image of a taxpayer filing returns | Photo Credit: Getty Images The Income Tax department on Thursday (November 27, 2025) said it has identified “high-risk” cases where individuals have not reported foreign assets in the income tax returns (ITRs) filed for Assessment Year (AY) 2025-26. The Department will start sending SMS and emails to…
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In a move that could reshape India’s electric mobility and electronics industries, the Union Cabinet has approved a ₹7,280-crore scheme to manufacture rare earth permanent magnets domestically. The scheme would facilitate the creation of integrated Rare Earth Permanent Magnet (REPM) manufacturing facilities, involving the conversion of rare earth oxides to metals, metals to alloys, and…
Read More “Can India become self-reliant in REE production?” »