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Kalyan Jewellers’ new strategy pays off as sales rise sharply in Q2
The Kerala-based jewllery chain seems to be reaping the rewards of focusing on non-South markets in India.
REC Limited conferred with the ‘Best Central PSU’ Award
Gurugram: REC Limited, a Maharatna CPSE under the Ministry of Power, has been conferred with the 'Best Central PSU' award in the Financial Services category at the Dun & Bradstreet PSU Awards 2023. The award was received by Executive…
Israel-Hamas conflict: Indian exporters may face higher risk premiums, shipping costs
The International trade experts said the conflict may reduce the profits of domestic exporters but will not impact trade volumes unless war escalates.
Mobile phone exports from India almost double to USD 5.5 billion till August this fiscal
The government expects mobile phone players to export devices worth Rs 1 lakh crore this year.
NEW DELHI: Mobile phone exports from India almost doubled to USD 5.5 billion, about Rs 45,700 crore, till August this financial year,…
India and UK to start next round of FTA talks, discord remains over dispute settlement process
India wants greater access for its skilled professionals from IT and healthcare sectors, while the UK wants a cut in import duties on scotch whiskey, automobiles, lamb meat and chocolates.
28 IPOs worth Rs 38,000 crore to hit the street in second half of FY24
According to marketmen, the pack is led by OYO which is said to be looking to mop up over Rs 8,300 crore and Go Digit Insurance.
No petrol, diesel price hike likely despite crude oil price surge as elections loom: Moody’s
"High crude oil prices will weaken the profitability of the three state-owned oil marketing companies in India -- IOC, BPCL and HPCL," Moody's said in a report.
Seven sectoral group of secretaries submit inputs for PM’s Vision 2047
SGoS have been created for sectors like research and development in science and technology, finance and economy, health, social justice and development, green and renewable energy.
18 per cent GST on corporate guarantee by parent co to subsidiary
In such cases, the open market value of the transaction or supply will be treated as zero, resulting in no tax liability.
REC launches its 54EC Bonds Mobile App – ‘SUGAM REC’
Gurugram: REC Limited, a power sector Maharatna enterprise, has launched a mobile application 'SUGAM REC' developed exclusively for REC's Capital Gain Tax Exemption Bonds under 54EC. The application shall provide an ease to the existing as…
Crude oil prices decline to $85 a barrel on demand fall
Petroleum and Natural Gas minister Hardeep Singh Puri on Wednesday said rising crude oil prices could create organised chaos and devastation in several parts of the world.
Issue of GST on redevelopment may get deferred
As per highly placed sources, the Group of Ministers (GoM) formed in 2019 to address real estate issues has not yet submitted its report to the Council.
NPCI signs pact with UAE co for online payments
The partnership aligns with NIPL’s mission to offer its knowledge and expertise to assist other countries in setting up their own cost-efficient, and secure payment systems.
Fashion retail sector rebounds with surge in demand: Report
Over the last few years, the industry has been seeing disruptions right from the manufacturing aspect, goods getting delivered to softening demand and a sudden shift in consumer spending.
3 New England states join together for offshore wind power projects, aiming to lower costs
The partnership could lead to the three states acquiring clean energy at more competitive and affordable rates, Connecticut Gov. Ned Lamont said.
Nokia establishes a 6G Lab at its Bangalore centre
The lab will function as a platform for collaboration among industry stakeholders and facilitate the testing of innovative solutions.
Dunzo again defers salary payments
The start-up denied the exit of another co-founder Mukund Jha. In a statement, it said, he is not exiting Dunzo.
Rupee falls 4 paise to 83.24 against US dollar
Forex traders said sustained foreign fund outflows further dented investor sentiments.
Markets fall in early trade on weak global trends, unabated foreign fund outflows
The 30-share BSE Sensex plunged 533.13 points to 64,978.97. The Nifty declined 153.35 points to 19,375.40.
Corporate guarantee on GST panel agenda
The council may also deliberate upon making millets exempt from the GST net.
