The government can take a big decision to promote manufacturing in the country. An official said that the Union Cabinet may approve 12 new industrial cities in different states this week on the lines of Greater Noida, Uttar Pradesh and Dholera, Gujarat. The official said that out of the 12 industrial cities, two are being […]
Indian Railways has announced to run two special trains between Mumbai and Ayodhya. Central Railway has said that two special rail services have been announced between Mumbai and Ayodhya to meet the increasing demand of passengers. These services are expected to reduce the extra crowd of passengers traveling between the two cities. According to the […]
Economists of the public sector and the country’s largest bank, State Bank of India (SBI), have projected the country’s gross domestic product (GDP) growth rate to decline to 7.1 percent in the June quarter of the current financial year. In this way, SBI has also joined the analysts who have projected a decline in the […]
Unified Pension Scheme in Maharashtra: The Union Cabinet on Saturday approved the new pension scheme Unified Pension Scheme. After this, now the states are also coming forward to adopt this pension scheme. On Sunday, the Maharashtra Cabinet also approved this pension scheme. This scheme provides for 50% assured pension to government employees. Also, this scheme […]
Public sector Indian Oil, BPCL and gas company GAIL along with other major oil companies have been fined for the fifth consecutive quarter for failing to meet the listing criteria. This fine has been imposed for not appointing the required number of independent and women directors on their boards of directors. Stock markets BSE and […]
Indian Railways has started special preparations for Kumbh Mela 2025 to be held in Prayagraj next year. Railways has said that it will run 900 special trains for Prayagraj during Kumbh Mela. Let us tell you, keeping in mind the preparation, 21 railway road over bridges and under bridges are being built in Prayagraj keeping […]
Market regulator SEBI’s full-time member Ashwini Bhatia on Friday asked chartered accountants (CAs) to be more cautious while auditing companies listed on the SME exchange platform. Addressing an industry event of CAs, Bhatia said that it is important to look at listed SMEs (small and medium-sized enterprises) more carefully as these companies will become part […]
Electronics manufacturing giant Foxconn has invested about Rs 1,200 crore (about $144 million) in its Karnataka-based company Foxconn Hon High Technology India Mega Development Private Limited. Foxconn Singapore Private, the Singapore unit of the contract iPhone maker, bought more than 120.35 crore shares of Foxconn Hon High Technology India Mega Development Private Limited at Rs […]
Govt bans 156 combination medicines: The government has banned 156 fixed dose combination (FDC) medicines that harm your health. These medicines include antibiotics, anti-allergics, fever, high blood pressure, pain relievers and multivitamins. The Union Ministry of Health and Family Welfare has issued a notification completely banning the manufacture, sale and distribution of these medicines. The […]
Orient Technologies IPO: The initial public offering (IPO) of information technology solutions provider Orient Technologies received more than six times subscription on the first day on Wednesday. According to NSE data, bids were received for 4,94,76,456 shares against the offer of 74,49,846 shares in the initial share sale of Rs 215 crore. This amounts to […]
The country’s largest airline company Indigo has shared its reaction with the stock market on the matter related to input tax credit. The airline company said that it will challenge two orders related to input tax credit (ITC) with a total penalty of Rs 3,50,299. Let us tell you that Indigo was fined Rs 1,77,046 […]
Union Finance Minister Nirmala Sitharaman on Wednesday honored a team of the Income Tax Department. This team of Income Tax Department had seized the highest amount of cash of Rs 352 crore in the country till date during a raid against a distillery group in Odisha last year. Officials honored with ‘CBDT Certificate of Excellence’ […]
Dividend Stock: The well-known pharma company has once again announced a hefty dividend for its investors. In an important meeting of the Board of Directors of Procter & Gamble Health (P&G Health) held on Wednesday, August 21, a dividend of Rs 60 per share has been announced for the shareholders. P&G Health informed the stock […]
The price of gold and silver rose sharply on Tuesday. Amid strong global cues, gold prices in Delhi on Tuesday rose by Rs 1,400 to Rs 74,150 per 10 grams. According to PTI news, earlier on Friday, the precious metal closed at Rs 72,750 per 10 grams in the previous session. The price of silver […]
Byju Ravindran, the founder of the edutech company Byju, which is facing financial crisis, has said that as soon as he gains control of the company’s accounts, the salaries of the employees will be paid immediately, even if I have to take more loans. Ravindran has given this message to his employees in an e-mail […]
Tax evasion has a bad effect not only on governments but also on the common people there. India is also not untouched in this matter. Tax evasion in the country remains a big headache for the government here. Revenue Secretary Sanjay Malhotra on Tuesday stressed the need to maintain a better balance between enforcement action […]
