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Home  Business

Business

India’s direct tax collections surge 16 pc to Rs 25.86 lakh crore

India’s direct tax collections surge 16 pc to Rs 25.86 lakh crore

  • Indian stock market opens higher, Sensex above 74,600

    Sensex was trading 448.91 points or 0.61 per cent up at 74,618.86 while the Nifty added 140.15 points or 0.62 per cent at 22,648.90
  • Ola Electric market valuation erodes by Rs 1,601 crore as shares hit all-time low on March 17

    Rosmerta Digital Services Ltd, its vehicle registration service provider, has sought initiation of insolvency proceedings against Ola Electric Technologies Pvt Ltd
  • Wheelchair incident: Govt to issue show cause notice to Air India

    Civil Aviation Minister Rammohan Naidu said Ministry is looking into the complaint of non-availability of a pre-booked wheelchair by Air India to an 82-year-old woman passenger at Delhi airport
  • After Maruti, Tata Motors set to hike vehicle prices

    The company will increase prices depending on individual model and variant
  • Editorial: Uphill task for India’s container train operators

    The Railways must treat container train operators as partners rather than competitors to facilitate more private investments in the sector
  • Bombay HC discharges Gautam Adani, Rajesh Adani in market regulations ‘violation’ case

    The Serious Fraud Investigation Office (SFIO) in 2012 initiated the case against the Adani Enterprises Limited (AEL) and its promoters Gautam Adani and Rajesh Adani, and filed a chargesheet, accusing them of criminal conspiracy and cheating
  • This is how much Indian banks wrote off bad loans in last 10 years

    The highest amount of Rs 2,36,265 crore was written off during FY2018-19 while during 2023-24, banks wrote off bad loans of Rs 1,70,270 crore
  • Maruti Suzuki to increase prices of its cars from April

    Country’s largest carmaker, Maruti Suzuki, said it will increase vehicle prices to offset the impact of rising input costs and operational expenses
  • This Chinese F&B chain overtakes Starbucks, McDonald’s

    Chinese food and beverage brands are gaining ground across Southeast Asia. The push by food and drink retailers has raised awareness that China has more to offer than just cheap electronics 
  • IndusInd Bank well-capitalised, RBI assures depositors

    In its statement, the RBI emphasised that depositors should not react to speculative reports, as the bank’s financial position remains sound and is under its close monitoring
  • March 15 is due date for paying advance tax. What happens if you miss the deadline?

    As per the Income-Tax Act, 1961, individuals whose estimated tax liability exceeds Rs 10,000 during the year are required to pay advance tax
  • SpaceX’s Starship will launch for Mars by 2026, human landings likely in 2031: Elon Musk

    In a post shared on social media platform X, SpaceX CEO Musk said Starship will carry Tesla humanoid robot Optimus to Mars. If conditions look suitable for humans, it could start "as soon as 2029."
  • Agartala: 100-year-old Pushpabanta Palace to turn into five-star hotel

    The proposed hotel will be named Taj Pushpabanta Palace and developed by the Taj group with an estimated cost of Rs 250 crore in the next three years
  • Opinion: India’s AI needs an Isro-like push

    To revitalise nation-building with advanced technologies, India needs a strong technological force like ISRO, which has made a significant mark in the international Space industry
  • Musk’s Tesla wants to sell these two models in India

    Tesla India Motor & Energy Pvt Ltd, the local unit of Musk’s firm, has submitted two new applications for homologation, according to industry sources
  • Happy Holi, says Apple CEO Tim Cook with colourful picture

    The Apple CEO posts a vibrant picture shot on the iPhone, on his X
  • Bank unions to go on two-day nationwide strike

    Talks with Indian Banks’ Association over key demands, including recruitment in all cadres and a five-day workweek, fail to yield positive outcome
  • RBI likely to cut rates next month amid easing inflation: HSBC

    "The RBI has already embarked on a rate cutting cycle and is likely to go in for another 25 basis points reduction in the April monetary policy committee meeting, taking the repo rate to 6 per cent," HSBC Research said
  • India has taken the lead in financing renewable energy projects: Sanjay Malhotra

    Malhotra says “We have included finance to small renewable energy projects – solar, biomass based, windmills, micro-hydel plants and non-conventional energy based public utilities viz street lighting systems, and remote village electrification projects as part of priority sector lending”
  • Nothing to accelerate its ‘Make in India’ initiatives

    India will play a pivotal role in the global smartphone industry in the years to come, and Nothing is committed to accelerating its ‘Make in India’ initiatives and boosting domestic production
  • Editorial: Time for India-Canada to reset bilateral ties

    An important foreign policy task before Mark Carney is to repair the damage caused to the bilateral ties during Trudeau’s tenure
  • Govt launches India’s first-ever auction of Exploration Licences for critical minerals

    The licences are for the exploration blocks for minerals like REE (rare earth elements), zinc, diamond, copper and PGE (platinum group minerals)
  • Gas leaks at ONGC’s station in Andhra Pradesh, affects nine persons including 4-year-old child

    According to the Collector, lack of maintenance resulted in Hydrogen Sulphide gas leak when ONGC workers were trying to wash a well
  • Singapore’s Temasek buys 10 per cent stake in Haldiram Snacks Food

    The Agarwal family, promoters of Haldiram Snacks Food, may rope in another investor for selling some more stake in the company which had a revenue of over Rs 12,500 crore in FY24
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