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PFC receives Dual Honours at SCOPE Awards: Excellence and Meritorious Recognition
New Delhi: Power Finance Corporation Ltd. (PFC), a Maharatna CPSE and the country’s leading NBFC in the power sector, adds another chapter of success to its achievements with the attainment of two prestigious awards at the Standing…
Centre in no mood to give GST relief to online gaming cos
The ministry is sticking to its previous stand of taxing them at 28% on each bet.
Sensex sheds 1400 points, Nifty down almost 400 points
The global equity market was also under a selling spree after a key Federal Reserve official said that the US central bank should not rush to lower rates, lowering expectations of early rate cuts.
Poverty in Odisha reduced by 48 per cent in 5 years: Niti Aayog
Only 11.07 per cent people in state were multi-dimensionally poor in 2022-23
REC wins ICAI Award for Excellence in Financial Reporting for FY’23
Raipur/Gurugram - REC Limited, a Maharatna PSU and a leading NBFC, has been awarded 'Plaque' under the 'Financial Services Sector (Other than Banking and Insurance)' category at the ICAI Awards for Excellence in Financial Reporting for the…
FASTags with incomplete KYC to be deactivated post January 31
FASTag users must also comply with 'One Vehicle, One FASTag' and discard all the earlier issued FASTags through their respective banks
Bank of Baroda to pay up to 7.6% interest
The Bank of Baroda on Monday announced a new deposit scheme offering interest payments in the range of 7.1-7.6% per annum. The bank said its special retail deposit scheme offers an interest rate of 7.60% annually for senior citizens and…
WEF 2024: As billionaires gather at Davos, it’s worth examining what’s become of their dreams
Large parts of the populations in wealthy countries, feeling left behind, have been lured by the appeal of rightwing populism – ironically, largely promoted by billionaires and their advocates.
IT stocks add to upward momentum as Sensex surges past 73,000, Nifty scales 22,000-mark
Domestic equity markets continue their upward movement on Monday, with the Sensex crossing the 73,000 mark and the Nifty scaling the key milestone of 22,000 for the first time.
The 30-share BSE Sensex jumped 481 points, or 0.7 per cent…
64 IT, electronics items allowed for parallel testing
With parallel testing, BIS can simultaneously test all components, whereas currently, there is a provision for a sequential testing process.
India flags delay in US visa issuing process for businesses
At present, in the US, this state-side facility for this is a pilot programme. State-side facility means the person staying with an H1B visa can get it renewed in the US only.
Oil price up 3% after US, Britain strike on Houthis
Oil prices in the international market on Monday rose more than 3% on Friday as the US and Britain carried out strikes on Houthi military targets in Yemen.
ED arrests 5 in Rs 56K crore Bhushan Steel loan fraud case
Funds were misappropriated against the fabricated LCs created in favour of JSW Steel limited and Hindustan Zinc Limited.
India convinces US on laptop import curbs
As per joint statement by the two side, Tai expressed willingness to collaborate with India on shared objective of supply chain resilience in this sector.
Budget expectation: EV industry seeks lower GST
The demand from the industry comes amidst speculations that the Centre may extend the second phase of FAME scheme until the third phase (FAME III) is approved,
IT stocks push Nifty, Sensex to record highs; banking, realty support rally
The market capitalisation of all stocks listed on Bombay Stock Exchange increased by about Rs 3 lakh crore to Rs 373.4 lakh crore.
HCLTech beats estimates; reports Rs 4,350 crore net profit
The company’s revenue for the quarter stood at Rs 28,446 crore, up 6.5% YoY. The company won 18 large deals- six in services and 12 in software- in the third quarter.
We have strong pipeline of leadership: Wipro CEO
Recently, CFO Jatin Dalal exited the firm and joined rival Cognizant. The company has initiated legal proceedings against him and demanded Rs 25 crore in damages.
GST on online gaming: Govt to issue clarification
Earlier in its 50th meeting in July last year, the GST Council recommended imposition of 28% GST on online gaming
Rising prices cap India’s thirst for Russian oil
Since the invasion of Ukraine two years ago, India has bought hundreds of millions of barrels of cut-price Russian crude, saving itself billions of dollars while bolstering Moscow's war coffers.