Economy

Chandigarh:  Punjab Finance Minister Harpal Singh Cheema on Tuesday said the Excise and Taxation Department has conducted targeted GST registration drives to broaden the tax base, resulting in the addition of 46,338 taxpayers in 2023-24 and approximately 33,000 new taxpayers up to December 2024. He said a statewide campaign has also been launched to

New Delhi:  India’s most valuable private sector companies in the 2024 Burgundy Private Hurun India 500 have a cumulative value of $3.8 trillion (Rs 324 lakh crore, up 40 per cent), which is higher than the GDP of India and the combined GDPs of the UAE, Indonesia, and Spain, according to the report released on

Mumbai: As shares of Bhavish Aggarwal-led Ola Electric continue to slide, investors have been impacted heavily as approximately Rs 40,000 crore has been wiped out since the company stock’s peak valuation. Once valued at Rs 66,000 crore after its initial surge post-listing, the company’s market capitalisation has now shrunk to Rs 26,187.81 crore. The stock,

Mumbai:  The Advertising Standards Council of India (ASCI) on Tuesday joined online gaming industry to tackle the issue of illegal betting and gambling advertisements from offshore entities. ASCI signed a memorandum of understanding (MoU) with the Federation of Indian Fantasy Sports (FIFS), the All India Gaming Federation (AIGF), and the E-Gaming Federation (EGF) here. The

Mumbai: The shares of Signature Global India Limited on Tuesday further declined by 2.03 per cent at Rs 1,102.40 during the intra-day trading session, as investors remain cautious about the company’s financial health. The stock is on a downward spree over the past week. It has fallen by 14.52 per cent and 13.84 per cent

New Delhi: India’s GDP is expected to grow at 6.6 per cent in the October-December period of 2024-25, which is slower than the corresponding figure of 8.6 per cent for the same quarter of 2023-24, but remains robust with support from agriculture, government spending, and services, according to a Bank of Baroda report released on

New Delhi:  The US tariffs on the steel sector are unlikely to impact India because only 2 per cent of the country’s total finished steel exports in the first nine months of this fiscal were to the US, Crisil Intelligence said on Tuesday. The US move to slap a flat 25 per cent tariff on

New Delhi: Commerce and Industry Minister Piyush Goyal announced on Tuesday that two MoUs have been signed between the Qatari Businessmen Association (QBA) and Confederation of Indian Industry (CII) and another between Invest Qatar and Invest India. The Minister also announced the elevation of the Joint Working Group on Trade and Commerce to the Ministerial

Mumbai: Global brokerage Morgan Stanley has said that Indian stocks could see a revival soon but global factors will be the key. In its latest note, analysts at Morgan Stanley said that while catching the bottom is difficult, “we think buying Indian equities could prove rewarding.” India is coming out of its slow growth patch

Mumbai:  Recapitalisation and reforms in the last few years have really worked well for the public sector banks and balance sheets are cleaner now, State Bank of India (SBI) Chairman, C.S. Setty, said on Tuesday. The saving behaviour has also changed as depositors are practising asset allocation across segments, Setty said during the NDTV Profit