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Business
Business and economy news: markets, companies, jobs, prices and personal finance, explained with verified figures and sources.
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China-manufactured EVs hit with duties in biggest EU trade case yet
Intense negotiations may continue; Beijing said will protect its interests; Volkswagen critical of EU announcement; tariffs far lower than planned U.S.…
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Sensex, Nifty close at fresh lifetime highs on gains in ICICI Bank, Infosys
As many as 23 Nifty shares advanced, 27 declined on the exchange Equity benchmark indices Sensex and Nifty ticked higher…
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States’ GST kitty expected to rise 13%-14% this year: CRISIL
Rating agency projects higher revenue growth of 8%-10% for States in 2024-25, from a 7.5% growth last fiscal Revenues of…
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The central bank has issued ‘Regulation of Foreign Trade under Foreign Exchange Management Act (FEMA), 1999 – Draft Regulations and Directions’ in this regard.
The RBI on July 2 proposed rationalising regulations that cover export and import transactions with an aim to promote ease…
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Foreign portfolio investors invest ₹26,565 crore in Indian equities in June
This came following a net outflow of ₹25,586 crore in May on poll jitters and more than ₹8,700 crore in…
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Big fat Indian wedding: At ₹10 lakh crore, expenses second only to food & grocery
Weddings in India are elaborate and characterised by a range of ceremonies and spending. The Indian wedding industry size of…
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Mobile number porting after sim replacement to face 7-day waiting period from July 1
The step has been taken to curb fraud taking place by using mobile phone numbers There will be a seven-day…
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Coal, electricity buoy core output in May
Cement output contracted for the second consecutive month to hit the lowest level since November 2023 Output growth in India’s…
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RBI unveils revised Currency Swap Arrangement for SAARC countries
The SAARC Currency Swap Facility came into operation on November 15, 2012 with an objective to provide a backstop line…
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Sensex hits new all-time high in early trade
The 30-share BSE Sensex climbed 134.64 points to hit a new all-time high of 78,188.16 in early trade. Stock market…
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Legal fraternity may explore Gen AI to reduce errors, enhance efficiency
Generative Artificial Intelligence, or GenAI, is poised to transform the legal profession as many law firms and corporate legal departments…
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States seek improvements in 50-year interest-free loan scheme
Finance Minister Nirmala Sitharaman assures that States’ ideas and inputs for Union Budget 2024-25 will get “due consideration” States have…