Business news

Ashwini Vaishnaw, Minister of Communications, Electronics & IT and Railways, with Masahiko Metoki, Director General of Universal Postal Union (DG UPU)

UPU to revolutionise cross-border remittances; India's UPI holds all the answers [details]

The Universal Postal Union will evaluate UPI for integrating the unified payment interface with cross-border remittances using global postal network.

Jul 19, 2023

Next stop or target would be 20K on NIFTY: Expert

Markets were on a roll last week and it seemed that there was no stopping their upward rise. They gained on four of the five trading sessions and continued to scale new heights on virtually every session, writes columnist Arun Kejriwal.

Jul 17, 2023

CBDT meets officials to dispel doubts on faceless tax assessment.

Last date to file tax returns is July 31, no extension in deadline: Govt tells taxpayers [details]

The government has urged the taxpayers to file their income tax returns before July 31, 2023 to avoid the last minute rush, as there is no possibility of any extension of the deadline.

Jul 16, 2023

Gaming firms in India express concerns on new tax system, says it will affect foreign investments

During the last season of the Indian Premier League, revenues from fantasy leagues rose 24 percent annually to hit $342 million

Jul 16, 2023

Binance lays off 1,000 employees after wave of executives exit: Report

These layoffs are happening just a few days after several top executives left the company including its Chief Strategy Officer Patrick Hillmann

Jul 16, 2023

'Sell China, Buy India' policy of FPIs cannot continue for long

The valuations in China at a PE of 9 is hugely attractive now compared to valuations in India with a PE of around 20 and, therefore, the 'Sell China, Buy India' policy of FPIs cannot continue for long, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Jul 15, 2023

BSE Sensex crosses milestone of 66,000 points led by IT heavyweights [details]

BSE Sensex is up 625 points in a ferocious rally at 66,019 points powered by positive cues from the US market.

Jul 13, 2023

"Unconstitutional, irrational, egregious": Industry stakeholders react to 28% GST on online games [details]

Online gaming industry stakeholders on Tuesday termed the 28 per cent GST on the full value of gaming as "unconstitutional, irrational and egregious", saying that the move is a self goal that will kill the skilled online gaming sector in the country.

Jul 11, 2023

GST Council to meet on Tuesday, likely to take a call on taxing heavy utility vehicles, horse racing, online gaming

With the GST Council, headed by Union Finance Minister Nirmala Sitharaman, all set to meet on Tuesday, it is expected to take a call on various issues like taxing online gaming, high-end vehicles, as well as horse racing and casino activities.

Jul 10, 2023

Dunzo faces severe cash-crunch amid acquisition rumours; delays 50% salary of workers [details]

Homegrown quick-grocery delivery provider Dunzo has delayed 50 per cent salary of some employees, media reports said.

Jul 10, 2023

Health, finance influencers watch out; govt to draft rules requiring you to run disclaimers [here's why]

Soon the amalgam of health influencers, who give tips on various social media platforms about consuming a particular nutrient or supplement, will have to prove their qualifications and eligibility, to ensure that they are not indulging in surrogate advertising or pedalling half-baked information to their followers.

Jul 9, 2023

Flood of FPI flows into India continues

The flood of FPI flows into India continues with Rs 21,943 crore of inflows (including bulk deals) till 8th of this month, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Jul 8, 2023

Indian stocks hold on to all-time highs when market breadth is healthy

Indian stocks have been able to hold on to all-time highs when market breadth is healthy. Readings of over 15 per cent NSE 500 Index member stocks touching a new 52-week high is positive, said a report by DSP Mutual Fund.

Jul 6, 2023

Cabinet clears Data Protection Bill; what you must know about controversial bill [Explained]

The bill will have jurisdiction over the processing of digital personal data in India. This includes data collected online or offline and later digitised. More details inside.

Jul 5, 2023

Stock Market: India's market cap outperforms global markets

Global market cap rose 7.3 per cent ($7.2Tn) over the last 12 months, while India's market cap jumped 17.2 per cent Barring Russia and China, all key global markets witnessed a rise in market cap over the last 12 months, Motilal Oswal Financial Services said in a report.

Jul 4, 2023

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Business news

UPU to revolutionise cross-border remittances; India's UPI holds all the answers [details]

Next stop or target would be 20K on NIFTY: Expert

Last date to file tax returns is July 31, no extension in deadline: Govt tells taxpayers [details]

Gaming firms in India express concerns on new tax system, says it will affect foreign investments

Binance lays off 1,000 employees after wave of executives exit: Report

'Sell China, Buy India' policy of FPIs cannot continue for long

BSE Sensex crosses milestone of 66,000 points led by IT heavyweights [details]

"Unconstitutional, irrational, egregious": Industry stakeholders react to 28% GST on online games [details]

GST Council to meet on Tuesday, likely to take a call on taxing heavy utility vehicles, horse racing, online gaming

Dunzo faces severe cash-crunch amid acquisition rumours; delays 50% salary of workers [details]

Health, finance influencers watch out; govt to draft rules requiring you to run disclaimers [here's why]

Flood of FPI flows into India continues

Indian stocks hold on to all-time highs when market breadth is healthy

Cabinet clears Data Protection Bill; what you must know about controversial bill [Explained]

Stock Market: India's market cap outperforms global markets

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]