Business
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Trump Criticizes Biden for Utilizing US Oil Reserves, Now Allegedly Depleting Them: Report
America is tapping into its emergency oil reserves as the ongoing conflict with Iran disrupts global energy supplies. Since the…
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India’s Manufacturing PMI Reaches Three-Month Peak in May Driven by Robust Domestic Demand
India’s manufacturing sector has shown significant growth, achieving its highest expansion rate in three months during May. This surge is…
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Tax Relief on Inheritance Without Gift Deed: Implications for Companies and Sectors
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the lack of a formal gift deed…
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Preserving India’s Growth Narrative: Key Insights from the Middle East Conflict
Led by robust domestic demand and a favorable demographic landscape, India’s economy is being hailed as fundamentally strong by experts.…
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Impact of US-Iran Conflict: RBI Reportedly Sells Gold Reserves to Protect Foreign Currency Assets
Amid escalating tensions in the Middle East, the Reserve Bank of India (RBI) has reportedly sold approximately $12 billion in…
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Nvidia Increases H-1B Hiring with Competitive Salaries Amid Foreign Recruitment Slowdown
At a time when many tech firms are tightening their belts by cutting jobs and slowing down foreign recruitment, Nvidia…
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Mumbai-Ahmedabad Bullet Train Project Reaches Key Milestone with Completion of Mountain Tunnel Breakthrough
The Mumbai-Ahmedabad Bullet Train project has reached a significant milestone with its third mountain tunnel breakthrough in Maharashtra, achieved within…
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Price Increases in Petrol and Diesel May Elevate Inflation and Transport Expenses, According to Crisil
Rising petrol and diesel prices are poised to reignite inflationary pressures in India, impacting transportation, logistics, and manufacturing costs. A…
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RBI MPC Meeting: Central Bank’s Rate Decision Amid Middle East Crisis and Inflation Concerns
The Reserve Bank of India’s Monetary Policy Committee (MPC) commenced its three-day meeting on June 3, amid rising inflation concerns.…
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Rupee Declines 34 Paise to 95.19 Against US Dollar as Crude Prices Rise
The Indian rupee experienced a setback on Monday, declining by 34 paise to close at 95.19 against the US dollar.…
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Sebi Suggests Relief Measures for Road InvITs, Considering Inclusion of Maintenance Debt in Cash Flow Assessments
Market regulator Sebi has put forth a significant proposal that could reshape the financial landscape for Infrastructure Investment Trusts (InvITs)…
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Nandan Nilekani: Leading Infosys Through Two Key Successions at 71
Nandan Nilekani, the non-executive chairman of Infosys, celebrates his 71st birthday today, coinciding with the anticipation of his re-election for…
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South Korea Surpasses India as the Sixth Largest Stock Market Following Taiwan’s Lead: Key Insights
In a significant shift in the global stock market landscape, South Korea has surpassed India to become the world’s sixth-largest…
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Live Stock Market Updates: BSE Sensex Declines by 400 Points, Nifty50 Falls Below 23,300
Indian equity markets are poised to open lower today, with the Gift Nifty indicating a drop of 180 points to…
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Crude Oil Prices Increase Amid Uncertainty Surrounding US-Iran Negotiations and Hormuz Reopening
Oil prices experienced a slight uptick on Tuesday, driven by ongoing uncertainty surrounding negotiations between the United States and Iran,…
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