Business News

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.

Earlier in its 50th meeting in July last year, the GST Council recommended imposition of 28% GST on online gaming

“We wish to reiterate that the Company is committed to the merger with Sony and is continuing to work towards a successful closure of the proposed merger,”

Also, I don’t think that they have interviewed anyone from the private sector, all were somehow associated with the government,” said the official.

GIFT City/New Delhi: Power Finance Corporation Ltd (PFC), India's leading financial institution in the power sector, is pleased to announce a strategic collaboration with New Energy and Industrial Technology Development Organization…

DLF apartments which were sold in three days were priced between Rs 6.25-7.5 crore a unit. Penthouses cost Rs 11-14 crore each.

The project is expected to add 7% each to current national oil and natural gas production. For ONGC, it will augment its total oil and gas production by 11% and 15%, respectively.

The total SIP inflow in the calendar year 2023 stood at Rs 183,741 crore as against Rs 149,437 crore in CY22, according to AMFI data.

TCS, Infosys, HCLTech, Wipro to report their results this week

CoinDCX has 1.4 crore investors and traders in India. According to various exchanges, investors are now transferring their assets from non-FIU complaint offshore exchanges to Indian exchanges.

GIFT City (Gujarat): Power Finance Corporation Ltd., (PFC),  India's largest Non-Banking Financial Company (NBFC) and a Maharatna Central Public Sector Enterprise (CPSE), announced its plans to establish a wholly-owned subsidiary, a Finance…

Both the indices failed to carry forward the positive momentum and were trading lower later. The Sensex quoted 177.54 points lower at 71,821.10 while the Nifty fell 53.25 points to trade at 21,653.85.

According to the finance ministry, this initiation has saved R4,646 crore, of which R3,802 crore is by blocking ITC and R844 crore is by way of recovery.

The company's loan book stood at Rs 4.54 Lakh Crore, at the end of Q1 FY'24.

Maharashtra topped the list with 926 bogus firms detected, followed by Rajasthan (507), Delhi (483) and Haryana (424).

The ministry has successfully completed seven rounds of auctions through a completely transparent online process, launched by the prime minister in 2020.

“The proposal to increase the qualifying cost for affordable properties and release government-owned lands at reduced rates aligns with inclusive growth objectives.

This means that the size of the Indian GDP (in current prices) would likely be R297 lakh crore at the end of the current financial year instead of the budgeted estimate of R302 lakh crore.

Household consumption in FY24 is likely to grow at the slowest pace in last two decade

The vegetable oil price index posted the biggest fall last year, dropping 32.7 percent, thanks to improved supplies and reduced use for biofuel production.