Intel Corp said on Tuesday that it had made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast driven by a loss of…
Author: Admin
Budget 2023: Nirmala Sitharaman’s ‘middle-class bonanza Budget’ draws mixed reactions from political leaders
Finance Minister Nirmala Sitharaman delivered the Narendra Modi 2.0 government’s final complete Budget before the 2024 Lok Sabha elections. Following the adjournment of the Lok Sabha, or Lower House, of…
Budget 2023: FM Sitharaman announces import duty cut on raw materials for lab-grown diamonds
Lab-grown diamonds (LGD) are likely to become cheaper with the reduction of customs duty on LGD seeds to zero from 5 per cent in Budget 2023. Finance Minister Nirmala Sitharaman…
India likely to become a $7 trillion economy by 2030, says CEA Nageswaran
India is expected to become a $7 trillion economy by 2030, Chief Economic Advisor V Anantha Nageswaran predicted on Tuesday. He said the country’s GDP size is likely to be…
GST collection at nearly Rs 1.56 lakh crore in January, second highest ever
India saw its second highest ever Goods and Services Tax (GST) collection in January 2023 at nearly Rs 1.56 lakh crore, said Ministry of Finance on Tuesday a 24% increase…
‘Will transform Haifa,’ says Gautam Adani after Adani Group takes control of Israeli port
Billionaire Gautam Adani on Tuesday met Israel Prime Minister Benjamin Netanyahu on the occasion of the official handover of the Haifa Port to the Adani Group. A consortium of Adani…
Coal India Q3 net profit rises 70% to Rs 7,756 cr, firm declares interim dividend of Rs 5.25 per share
State-run Coal India reported a 70.1% surge in third-quarter profit on Tuesday, beating estimates, as production at the world’s largest coal miner increased due to higher power demand amid extreme…
Reliance Consumer announces strategic tie-up with Sri Lanka-based biscuit brand Maliban
Consumer Products Limited (RCPL), the FMCG arm and a wholly owned subsidiary of Reliance Retail Ventures Limited (RRVL), on Tuesday announced a strategic partnership with Sri Lanka-headquartered Maliban Biscuit Manufactories. Maliban,…
Core sector growth at 3-month high of 7.45% in Dec
Production of eight infrastructure sectors rose at a three-month high of 7.4 per cent in December 2022 against 4.1 per cent in the same month of previous year on a…
Fiscal deficit for April-December period widens to Rs 9.9 lakh crore
The Centre on Tuesday said that the fiscal deficit touched 59.8 per cent of the full year Budget Estimate by the end of December, as per the data released by…