NEW DELHI: The Centre, while presenting its full Budget in July, is likely to stick to its tax revenue estimates made during the interim Budget, despite witnessing a higher-than-anticipated growth in tax collections so far, according to an official source. This is even as the non-tax revenue estimates will...
NEW DELHI: Trade body US-India Strategic Partnership Forum (USISPF) has sought intervention of finance minister Nirmala Sitharaman on the Draft Digital Competition Bill. In a letter on May 15, the last date to submit the response to the draft Bill, trade body’s president and CEO Mukesh Aghi has sought...
NEW DELHI: MG Motor India on Thursday said it has signed an initial pact to deliver 3,000 EVs to integrated fleet electrification platform Vertelo in a phased manner. Both the entities have signed a memorandum of understanding to this effect. The partnership will focus on providing sustainable mobility solutions...
NEW DELHI: The government is planning to significantly ramp up the radiation processing of onions to create a buffer stock of 1,00,000 tonnes this year, as it aims to prevent shortages and price rises of the politically sensitive bulb, according to a top government official. The world’s biggest exporter...
NEW DELHI: Apex body for leather and footwear exporters CLE has asked the government to formulate a national policy for the sector with a view to attract investments, boost India’s shipments and create jobs. In a letter to Niti Aayog CEO BVR Subrahmanyam, Council for Leather Exports (CLE) said...
MUMBAI: Upsurge, an e-learning platform that focuses on stock market trading and investing, aspires to become the leading platform in the domain of finance and is working on a generative AI tool to churn out video-based content to make its offerings more accessible and affordable, say its co-founders. The...
MUMBAI: Benchmark equity indices Sensex and Nifty hit their fresh all-time peaks in early trade on Friday amid buoyant investors’ sentiment days ahead of the results of the Lok Sabha polls announcement and fresh foreign fund inflows. The 30-share BSE Sensex climbed 164.24 points to hit its all-time high...
By Nitya Chakraborty The first five phases of polling for the 2024 Lok Sabha elections are over by now, with only 115 seats out of the total of 543 remaining for voting in the next two phases. The results will be out on June 4. In the last few...
By Sushil Kutty There are funny politicians, too. Just like there is ‘Humour in Uniform’. Take Rahul Gandhi, for example. Rahul is a close second to Prime Minister Narendra Modi in terms of funny riposte. In fact, the 54-year-old often beats Modi in the game. Like when he compelled...
By P. Sudhir The chief prosecutor of the International Criminal Court (ICC), Karim Khan, has sought arrest warrants to be issued against Israel’s Prime Minister Benjamin Netanyahu and defence minister Yoav Gallant along with three Hamas leaders, including Ismail Haniyeh. The prosecutor has stated that there is enough evidence...
By Krishna Jha Amidst massive bombing of Rafah, its major part is in ruins now. There is also sealing of entry and exit for life-saving aid. Brutality is in its full bloom. Israel, a built up habitat for those survivors of extremities during holocaust, now has spread out its...
By L S Herdenia BHOPAL: Without waiting for Lok Sabha poll results to be out, both Congress and BJP have initiated steps to make changes in their respective organisations. The BJP has taken steps to change policies introduced by the Chief Minister Shivraj Singh Chouhan..As regards Congress it called....
By Tirthankar Mitra KOLKATA: A three time MP ought to be well entrenched in his constituency even if he does not voice his certainty about his victory when he faces the electorate on the fourth occasion. A hatrick of electoral triumphs notwithstanding, , Trinamool Congress MP from Dum Dum,...
By Girish Linganna If Ayatollah Ali Khamenei had appeared less stern (or showing slightly less firmness) during his eulogy (a speech given in honour of someone who has died), more people in Iran might have believed that the president’s death was simply an accident. Officials noted a stark (or...
By Ben Chacko LONDON: British Prime Minister Rishi Sunak gambled on a snap general election, announcing on Wednesday a poll likely to bring down the curtain on 14 years of miserable Tory rule. He surprised Westminster by announcing that the country will vote on July 4, with the present...
MUMBAI: The Reserve Bank of India’s (RBI’s) central board met on Wednesday and decided to transfer a record surplus of Rs 2.11 trillion to the government for 2023-24 (FY24) even after increasing the contingent buffer at the peak level of 6.5 per cent. This amount is more than double...
NEW DELHI: Compensation in the private sector reached a new high of 22% of gross domestic product (GDP) in 2022-23, up from 21.2% in FY22, widening the gap with government sector compensation, an ET analysis of government data released earlier this month showed. Total compensation of employees working with...
MUMBAI: The stock prices of listed companies continue to outpace growth in India’s gross domestic product (GDP). The market capitalisation (mcap) of all companies listed and traded on the BSE is up 61 per cent since the end of March 2023, compared to an estimated 10 per cent growth...