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Aviation ministry for jet fuel under GST
Amid an increased demand from airlines for inclusion of Aviation Turbine Fuel (ATF) in the GST tax regime, Civil Aviation Secretary R N Choubey on Tuesday said the matter would be taken up with the finance ministry as jet fuel prices have risen 40 per cent since January, 2017. -
Mahindra XUV 3XO Deliveries Begin Today; Check Details
The XUV 3XO quickly garnered attention, securing 50,000 bookings within an hour after Mahindra opened the order books on May 15th.
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BharatPe, PhonePe Settle Trademark Dispute On Using 'Pe' Suffix
Both organisations will also undertake to carry out other necessary steps to comply with the obligations under the settlement agreement in respect of all cases before the Delhi and Bombay High Courts. -
Hajj 2024: Know All High-Speed Train Service Between Jeddah Airport And Makkah For Indian Pilgrims
In a significant development, Indian pilgrims participating in Hajj 2024 will, for the first time, have the opportunity to travel directly from Jeddah Airport to Makkah via a high-speed train.
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Meet Man Who Started Business At 60, Overcomes 15 Cr Loss And Built Rs 2100 Cr Company
The journey for the company’s success wasn’t easy and Bisk Farm faced financial difficulties recording a loss of Rs 15 crore. -
Jawa 42 Bobber Red Sheen Launched in India at Rs 2.30 Lakh; Check Features, Performance, And Other Details
The Jawa 42 Bobber Red Sheen is powered by a 334cc, liquid-cooled, single-cylinder engine, delivering 29.5 BHP and 30 Nm of peak torque.
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Edible Oil Industry Urges Centre Not To Extend Export Ban On De-Oiled Rice Bran
India typically exports about 5 to 6 lakh tonnes of de-oiled rice bran, primarily to Vietnam, Thailand, and other Asian countries, establishing itself as a reliable supplier in the international market -
Swiss Cheese, Chocolate, And Watches To Get Cheaper For Indian Consumers
These investments will focus on manufacturing sectors like chemicals, pharmaceuticals, machinery, and food processing--key Indian export industries. -
2024 Skoda Elroq Teased; Check What This Electric SUV Will Offer
Skoda has teased a new addition to its lineup of battery-powered vehicles, the Elroq.
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India's agrochemical industry poised to grow 9% CAGR over next few years: Report
India's agrochemical sector, currently valued at approximately USD 10 billion, is expected to experience significant growth, reaching a projected value of over USD 14.5 billion by the conclusion of the 2027-28 financial year, according to a report published by Rubix Data Sciences, an analytics services provider. However, the industry encountered a 3% decline in the recently concluded 2023-24 financial year. -
GAIL Inaugurates 10 MW Green Hydrogen Plant In Madhya Pradesh
The Green Hydrogen plant can produce 4.3 tonnes of hydrogen per day using electrolyzer units that perform electrolysis of water powered by renewable energy. -
Jaguar Land Rover To Produce Iconic Range Rover SUVs In India: Details
Jaguar Land Rover (JLR) is set to produce its flagship Range Rover and Range Rover Sport models in India.
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NCRTC Adopts Solar-Powered Infrastructure For Delhi-Ghaziabad-Meerut RRTS Corridor
Currently, 2.21 MWp of solar power is being generated saving 2300 tons of CO2 emissions annually.
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FII Buying, Q4 Results Key Factors For Stock Market Next week
The outlook for the market next week will be guided by major domestic and global economic data, according to experts. -
IOC, GAIL, ONGC Fined for Fourth Straight Quarter For Failure To Appoint Directors
The companies were slapped a fine of Rs 5,42,800 each for the third quarter (October-December 2023). -
Cyclone Remal Update: 394 Flights Affected As Kolkata Airport Suspends Operations
The Airports Authority of India (AAI) spokesperson confirmed that 394 flights, both international and domestic, will not operate during the suspension period.
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How RBI’s record Rs 2.1 lakh crore dividend payout to government may help improve India’s credit rating
Several factors could have contributed to the record profit, including the significant increase in interest rates in the United States, where the RBI invests a substantial portion of its $644 billion foreign exchange reserves (Rs 54 lakh crore). -
Aurobindo Pharma consolidated Q4 net profit up 79%
Aurobindo Pharma's strong financial performance in Q4FY24 and FY24, driven by revenue growth and net profit increase, was supported by market expansions, compliance enhancements, and regulatory adherence. The company's commitment to growth and operational stability remains firm. -
Air India Announces BIG Salary HIKES, Bonuses for Pilots. Know Details
Air India: Air India on Thursday announced annual salary increments for its staff, and also introduced an annual target performance bonus for pilots, according to sources. -
EaseMyTrip Withdraws GoFirst Bid To Focus On Core Growth Areas: CEO
The company posted Rs 31 crore in net profit in the same period in the last fiscal year. -
Why Apple had to install currency note counting machines in its Delhi and Mumbai stores
Apple has faced an unexpected challenge in India with cash payments, leading to the installation of currency note counting machines in Mumbai and Delhi stores. Sales in these stores show 7-9% cash transactions, much higher than in the US or Europe. -
24 Indian Startups Raised $444 Million In Funding This Week
E-commerce major Flipkart secured the highest funding of $350 million from Google. -
From Sleeping On Railway Stations To Self-Made Billionaire: Read Inspiring Journey of 10th Grade Dropout Who Now Owns Rs 92,000 Cr Company
Nuwal was born into a middle class family in Bhilwara, Rajasthan to a government employee father. -
Markets Hit All-Time High Amid Strong FII Comeback
On the other hand, Indigo, Zydus Lifesciences, Bajaj Holdings, Sun Pharma, Nykaa, and Zomato were the major laggards. -
RBI Fines Hero FinCorp Rs 3.1 Lakh For Violating Fair Practices Code
Hero FinCorp did not convey the terms and conditions of loans in writing to borrowers in the vernacular language understood by them, it said. -
Repeat of 2004 shock defeat for NDA appears unlikely, says Jefferies' Chris Wood; cautions on capital gains tax changes
Chris Wood, a global equity strategist at Jefferies has cautioned that modifications to the capital gains taxation could be announced in the Union Budget in July, following the general elections. -
Vicco chief Pendharkar dies at 85
Vicco Laboratories chairman Yeshwant Pendharkar, 85, passed away. His nephew Devesh mentioned Yeshwant's role in marketing Vicco products and leading the advertising campaign. -
'Macro buffers to help India navigate global headwinds'
A finance ministry report stated that India's strong macroeconomic buffers will help the economy navigate external challenges, with positive signs in the farm sector. The report highlighted the importance of growth momentum and stability in areas like fiscal management. -
Adani Ports to enter sensex; Wipro to exit
Adani Ports to replace Wipro on Sensex from June 24, marking Adani Group's first inclusion. Adani Group has 10 listed firms valued at over Rs 17 lakh crore, with APSEZ and Wipro in Nifty. Trent to enter S&P BSE Sensex 50, replacing Divi's Laboratories. Changes in S&P BSE 100, S&P BSE Bankex, and S&P BSE Sensex Next 50 announced. -
Rupee rises to 2-month high of 83.1 vs $
The rupee hit a two-month high to close at 83.10 in the foreign exchange market on Friday, up 14 paise from its previous close of 83.24.
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