Category: Business

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Ahead of Festive season Union Govt announces 3 percent raise in DA

The biannual revision of DA and DR, which impacts approximately one crore Central government employees and pensioners, aims to mitigate the effects of inflation.

Middle East tensions, high crude oil prices bring rupee to 84-mark against dollar

New Delhi:  With elevated crude oil prices amid global geo-political situations, the rupee on Friday breached the 84-mark against the US dollar for the first time. The rupee traded lower by 0.12 at 84.09, pressured by the recent rise in the dollar index from $100.50 to $102.40 and its steady hold. According to trade experts,.

Indian firms siphoned off Rs. 50 thousand crore to China via invoice tactics

New Delhi: The Enforcement Directorate (ED) has cracked down on the firms which were siphoned off money to China in the name of ordering goods from there. According to ED officials near about Rs. 50 thousand crore has siphoned off from India to via invoice tactics. These Firms/companies have violated both anti-money laundering and foreign.

Noel Tata appointed chairman of Tata Trusts after Ratan Tata’s demise

Noel Tata has been appointed as the new chairman of Tata Trusts, succeeding his half-brother Ratan Tata, who held the position until his passing on the evening of October 9. Ratan Tata’s legacy has significantly influenced the Tata Group’s trajectory over the years. Noel Tata, the son of Naval Tata and Simone Tata, assumes this.

Chennai’s office space market expands 75-fold over last 25 years

Chennai’s office space market has experienced an astounding 75-fold increase, growing from 1 million sq. ft in 1999 to 76.5 million sq. ft by the first half of 2024, as reported by JLL. Over the past 25 years, the city’s real estate landscape has undergone significant transformation, primarily driven by the IT/ITES sector and the.

UPI transactions volume surges 52 pc to 78.97 billion, value crosses Rs 116 lakh crore

Similarly, the value of transactions grew by 40 per cent, increasing from Rs 83.16 lakh crore to Rs 116.63 lakh crore in the first six months this year.

India’s iconic industrialist Ratan Tata dies at 86

Mumbai: Padma Vibhushan industrialist Ratan Tata passed away at a Mumbai hospital on Wednesday night. The chairman emeritus of the Tata group was 86. Tata Sons chairman N Chandrasekaran confirmed the death of Ratan Tata. “It is with a profound sense of loss that we bid farewell to Mr. Ratan Naval Tata, a truly uncommon.

UN like an old company, occupying space in market: EAM Jaishankar

New Delhi:  External Affairs Minister (EAM) S. Jaishankar on Sunday stated that the United Nations (UN) is like an “old company” that is “occupying space in the market” without adapting to the changing global landscape. Speaking at the Kautilya Economic Conclave, Jaishankar stressed that the UN has failed to keep pace with the world, forcing.

PM Internship Scheme Begins, 1 Crore Young People To Benefit

New Delhi: On Friday, Prime Minister Narendra Modi highlighted India’s emergence as the world’s largest source of affordable intellectual power and underscored the importance of leveraging the country’s demographic dividend through a focus on education, innovation, skills, and research. During Kautilya Economic Conclave in New Delhi, Prime Minister Modi highlighted that India is home to over.

Piyush Goyal presented the keynote on ‘India’s Evolving Manufacturing Landscape’ in US

On Friday, Union Minister of Commerce and Industry, Piyush Goyal, announced that he delivered the keynote speech at the CSIS event titled ‘India’s Evolving Manufacturing Landscape’ in Washington, D.C. He highlighted how significant reforms, diversification, and localized supply chains are evolving India into a global manufacturing hub. In a post on X, he noted, “I.