CII projects 6.5-6.7% FY24 GDP growth
Confederation of Indian Industry (CII) said it expects India’s economy to grow in the range of 6. 5-6. 7% in
Read more
Industry News
Imports of coking coal from Russia my double
After crude oil, the import of yet another key Russian resource is set to flood the Indian market in the
Read more
Encashment of leave: Tax exemption limit notified
In line with the Budget announcement, the finance ministry hiked the tax exemption limit for leave encashment upon retirement for
Read more
‘Normal’ overall monsoon despite ‘slow start’: IMD
Monsoon is likely to have a sluggish start with the country getting “below normal” rainfall in June even as the
Read more
Adani Group probe over MPS norms on since Oct 2020: SEBI to SC
Sebi, investigating the Hindenburg report’s accusation that the Adani Group allegedly manipulated share prices by exploiting loopholes in the ‘minimum
Read more
Uttarpara plant to manufacture 80 Vande Bharat trains over 6 years
The major portions of 80 sleeper-class Vande Bharat trains will be manufactured at the Uttarpara plant of Titagarh Wagons Limited
Read more
Pre-packaged insolvency plans may cover big companies
India is looking to offer pre-packaged insolvency resolution process (PIRP) to bigger companies as part of large-scale changes to the
Read more
Direct tax mop-up skyrockets 173%
India’s gross direct tax collection increased 173 per cent to over Rs 19.68 lakh crore in 10 years to 2022-23.
Read more
Mobile exports surpasses Rs. 90,000 crore in FY23: ICEA
India’s mobile phone exports doubled year-on-year to Rs 90,000 crore in FY23, surpassing the estimated Rs 75,000 crore, the India
Read more
Reliance, Jio raise $5 billion in largest syndicated loan in India
Reliance Industries Ltd (RIL) has secured an additional credit line of $2 billion from 18 banks after obtaining a $3
Read more