Business news

Adani Row: Where do Indian banks stand? Total exposure at $9 billion; SBI, PNB, Bank of Baroda claim 'still safer' despite stock rout

In a virtual press conference, PNB CEO said there was no cause for concern, despite the bank's exposure of Rs 7,000 crore to the group

Feb 6, 2023

Aritra Digimedia focuses on creating integrated digitally empowered PR campaigns for startups and SMEs

Aritra Digimedia says In a time when google is the most trusted partner people reach out to for any kind of information, support or opinion, it is essential to outline your digital PR strategy wisely.

Feb 4, 2023

Hindenburg Impact: Adani Electricity, Adani Ports ratings revised to 'negative'

The negative outlook reflects the risk of a deterioration in the credit profile of Adani Ports and Adani Electricity Mumbai, said S&P ratings

Feb 4, 2023

Nick Chandi's ForwardAI Was Born from Business Failures; Today it Helps Stop Them

Forward AI founded by Nick Chandi changes how lenders and small businesses navigate the lending process, making it simple and efficient for all parties involved.

Feb 3, 2023

'Govt has nothing to do with Adani issue,' says Union Minister; SEBI silent

Parliamentary Affairs Minister Pralhad Joshi on Friday categorically said that the government has nothing to do with the Hindenburg report on Adani group

Feb 3, 2023

Who is Philipe Haydon; former Himalaya CEO joins Dabur India to lead healthcare [details]

Philipe Haydon, former Himalaya chief, joins Dabur India; set to lead healthcare [details]

Philipe Haydon, who retired as CEO at the Himalaya Drug Company after four decades has joined Dabur India to lead healthcare.

Feb 2, 2023

Budget 2023-24: No tax on personal Income up to Rs 7 lakh

Insurance firms face market reality after 'Halahala' poison in 'Amrit Kaal' budget

Life insurance scrips suffer from 'Halahala' poison in Amrit Kaal budget

Feb 2, 2023

Buying foreign stocks? TCS on overseas remittance hiked from 5% to 20%. [details]

The increased Tax Collected at Source (TCS) will take effect from July 1, 2023.

Feb 1, 2023

EVs to get cheaper: Centre proposes customs duty exemption on batteries; industry hails decision [details]

Finance Minister Nirmala Sitharaman in her Union Budget 2023-24 speech said that the subsidies on EV batteries will be extended for one more year, hence making EVs cheaper in the country.

Feb 1, 2023

No tax exemption for insurance policies with premium above Rs 5 lakh; there's a silver lining

While this will dampen the interest of individuals to buy high value traditional insurances, it will increase the focus on term plans and pure risk covers which is good.

Feb 1, 2023

Govt announces Customs duty cuts on goods other than textiles, agriculture; see what's changed

Union Finance Minister Nirmala Sitharaman during her Budget speech on Wednesday proposed to reduce the number of Basic Customs Duty (BCD) rates on goods other than textiles and agriculture from 21 per cent to 13 per cent.

Feb 1, 2023

Market enthusiasm fades after a brief post-budget rally; Sensex down at 59,900, Nifty hovers around 17,700

As of 2:10 PM, Sensex is trading up nearly 300 points or 0.5% to 59,841 points, while Nifty is trading at 17,701 points, up 40 points or 0.22%, while Nifty Bank is trading up more than 500 points or 1.34% to 41,200 points

Feb 1, 2023

Budget 2023-24: No tax on personal Income up to Rs 7 lakh [Details]

A tax of 5 per cent would be levied on total income between Rs 3 lakh and Rs 6 lakh, 10 per cent tax would be imposed on income between Rs 6 lakh to Rs 9 lakh, it would be 15 per cent on income between the range of Rs 9 lakh to Rs 12 lakh.

Feb 1, 2023

Union Budget 2023: Did FM Nirmala Sitharaman meet the expectations? [key points]

In her fifth budget in the Parliament, FM Nirmala Sitharaman put the fiscal deficit 2023-24 estimate at 5.9 % of the GDP.

Feb 1, 2023

Sensex, Nifty turn flat; investors brace for Union Budget and fed's policy outcome

As of 1:15 PM, Sensex is trading down merely 16 points or 0.02% to 59,484 points, while Nifty is trading flat at 17,647 points and Nifty Bank is trading up 300 points or 0.75% to 40,688 points

Jan 31, 2023

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Business news

Adani Row: Where do Indian banks stand? Total exposure at $9 billion; SBI, PNB, Bank of Baroda claim 'still safer' despite stock rout

Aritra Digimedia focuses on creating integrated digitally empowered PR campaigns for startups and SMEs

Hindenburg Impact: Adani Electricity, Adani Ports ratings revised to 'negative'

Nick Chandi's ForwardAI Was Born from Business Failures; Today it Helps Stop Them

'Govt has nothing to do with Adani issue,' says Union Minister; SEBI silent

Philipe Haydon, former Himalaya chief, joins Dabur India; set to lead healthcare [details]

Insurance firms face market reality after 'Halahala' poison in 'Amrit Kaal' budget

Buying foreign stocks? TCS on overseas remittance hiked from 5% to 20%. [details]

EVs to get cheaper: Centre proposes customs duty exemption on batteries; industry hails decision [details]

No tax exemption for insurance policies with premium above Rs 5 lakh; there's a silver lining

Govt announces Customs duty cuts on goods other than textiles, agriculture; see what's changed

Market enthusiasm fades after a brief post-budget rally; Sensex down at 59,900, Nifty hovers around 17,700

Budget 2023-24: No tax on personal Income up to Rs 7 lakh [Details]

Union Budget 2023: Did FM Nirmala Sitharaman meet the expectations? [key points]

Sensex, Nifty turn flat; investors brace for Union Budget and fed's policy outcome

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]