Business

SC has granted a stay on a Rs 5,712-crore GST notice sent to fintech firm One97 Communications-owned real money gaming platform First Games

AMSL had posted a net profit of Rs 12.9 crore in the January-March period of 2023-24, the company said in a statement. AMSL's operational revenues increased by 19 per cent to Rs 161.7 crore from Rs 135.4 crore in Q4 FY24

“I have long ago informed Tim Cook of Apple that I expect their iPhones that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else. If that is not the case, a Tariff of at least 25% must be paid by Apple to the US

"Ministry of Finance has given concurrence to 8.25 per cent rate of interest on the EPF for 2024-25 fiscal year and labour ministry sent a communication regarding this to the EPFO on Thursday," a labour ministry official said

Life Insurance Corporation of India said it has earned a Guinness World Record title for most life insurance policies sold in 24 hours

Dan Ives, global head of technology research at Wedbush Securities, told CNN that the notion of producing iPhones entirely within the U.S. is a “fictional tale.” He also cautioned that attempting to recreate Apple’s intricate Asian supply chain domestically would lead to significantly higher production costs.

The IMF team started high-level policy talks in Islamabad on May 19 to discuss the FY 2025-26 budget, which went on for days but apparently were inconclusive, forcing the government to delay the announcement of the budget till June 10

Goyal travelled to Brussels on May 23 from Washington, while India's chief negotiator L Satya Srinivas and his team are already at the EU headquarters for the FTA negotiations

"India is rapidly emerging as a global center for high-tech manufacturing, driven by progressive initiatives like the Production Linked Incentive (PLI) scheme and the consistent efforts of the Indian government," Chandrasekhar stated in a post on X.

Warq making is a herculean task. For long hours, the workers sit pounding leather packets with hammers to make the flimsy silver or gold foils. Small pieces of silver and gold are purchased from local gold and silver merchants

However, summer heat poses high upside risks to food prices in addition to elevated geopolitical risks and tariff war

In October 2018, RBI had released its ‘Dissent Note’ against having a regulator for payment systems outside the central bank

The Reserve Bank of India had transferred Rs 2.1 lakh crore dividend to the government for the fiscal 2023-24. It was Rs 87,416 crore for 2022-23

Apple, led by CEO Tim Cook, in response to Trump’s tariffs on China is looking to shift iPhone manufacturing to India as it adjusts supply chains

RIL chairman and managing director said his group will invest in setting up a 150-bed cancer hospital in Manipur. Adani committed to investing an additional Rs 50,000 cr over next 10 years in green energy, road construction and creating digital infrastructure in North Eastern states

Premji, in the fiscal year 2023-24, did not take any commission since the company’s incremental consolidated net profit for the year was negative, and took a pay cut of about 20 per cent

Delhi, Hyderabad and Mopa (Goa) airports are operated by entities that are part of GMR Airports Ltd. The company had a loss of Rs 168 crore in the year-ago period

The prices of the Roadster X+ series start at Rs 99,999 for the 2.5kWh variant, Rs 1,09,999 for the 3.5kWh variant, and Rs 1,24,999 for the 4.5kWh model

Naidu met three Union Ministers here and sought the Centre's support for the State's renewable energy initiatives, a defence manufacturing hub proposal and a major water transfer project.

After a flat start to the trade, the 30-share BSE benchmark gauge Sensex bounced back and jumped 953.18 points to 81,905.17 in late morning deals. The NSE Nifty surged 299.35 points to 24,909.05

Addressing a roundtable comprising industry leaders and academia here, Vaishnaw, urged stakeholders to accelerate the development of a future-ready workforce to drive India’s manufacturing growth

Goyal held a meeting with Lutnick to expedite the talks on the first phase of the trade pact

Forex traders noted that expectations of an RBI rate cut in the upcoming MPC meeting—driven by easing food and energy prices—are dampening short-term sentiment for the rupee, despite the potential for such a move to support long-term economic growth.

Following a lacklustre opening, the 30-share BSE benchmark Sensex recovered and rose by 219.05 points to reach 81,171.04, while the NSE Nifty advanced 111.2 points to 24,720.90.