Even as “there are headwinds from a stronger dollar and higher US Treasury yields, the ongoing bond index inclusion flows are likely to provide sustained solid passive support to Indian bonds. (AI image) Indian bonds are set for the best year in four and investors expect more gains on a combination of policy drivers and…
Experts are of the view that individuals holding older white PAN cards those without QR codes should apply for PAN 2.0. (AI image) PAN 2.0: The Modi government has approved a new PAN 2.0 project and the first question that comes to the mind of taxpayers is, should they apply for the upgraded PAN Card…
Several prestigious firms have made substantial offers at the older IITs. (AI image) IIT students get big offers this year! Jane Street, a prominent Wall Street trading firm, has extended a remarkable annual salary package of Rs 4.3 crore-plus to a student from the Class of 2025. This offer, which includes base salary, fixed bonus…
MUMBAI: Despite growth numbers coming in sharply lower and all-round calls for reduction in interest rates to support growth, the monetary policy committee (MPC) will find reducing rates a challenge.Lower-than-expected Q2 GDP growth numbers at 5.4% have increased pressure on RBI‘s MPC to reduce interest rates even as the expectation of a softer policy led…
NEW DELHI: Goods and services tax (GST) collection rose 8.5% to Rs 1,82,269 crore in Nov, the fourth highest since the new regime kicked in over seven years ago.The growth in Nov, based on transactions in Oct, was driven by domestic consumption, rising 9.4% to just under Rs 1.4 lakh crore, while imports saw a…
Azim Hasham Premji-led Wipro Enterprises has said its consolidated revenue from operations increased 9.8 per cent to Rs 16,902 crore in the financial year ended March 2024 while its profit jumped 35 per cent to Rs 1,903.1 crore.According to an RoC (Registrar of Companies) filing, its total income, including other income, stood at Rs 17,761.3…
NEW DELHI: The cost of commercial LPG and aviation fuel prices surged on Sunday following the monthly revision aimed at aligning with trends in international oil prices. State-owned oil firms raised commercial LPG rates, used in hotels and restaurants by Rs 16.5 per to Rs 1818.50 per 19 kg cylinder.Aviation turbine fuel (ATF) prices in…
NEW DELHI: Union finance minister Nirmala Sitharaman, encouraged regional rural banks (RRBs) to bring rural customers onto digital platforms for services such as internet banking, mobile banking and UPI.While addressing a review meeting with eight RRBs from Bihar, Jharkhand, Odisha, and West Bengal held in Patna, on Friday, she highlighted the importance of digital inclusion.In…
India is emerging as a top advocate for office-based work, surpassing the global average of 85 per cent and ranking among the world’s leading supporters of returning to the workplace.According to a survey conducted by global real estate services firm JLL, 90 per cent of organisations require employees to work from office for at least…
India has signed a $98 million loan agreement with the Asian Development Bank (ADB) to improve horticulture crop productivity, the ministry of finance announced on Friday.“The Government of India and the Asian Development Bank (ADB) today signed a $98 million loan to improve horticulture crop farmers’ access to certified disease-free planting materials, which will boost…
