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Business

India-Australia Trade Pact

Widening Of India-Australia Trade Pact: Department For Promotion Of Industry And Internal Trade Seeks Stakeholders' Views On Intellectual Property Rights

The initial part of the agreement - ECTA -  has already been finalised and that would come into force from December 29 this year. Now both countries would start negotiations to widen the scope of that pact

06 December 2022

DoT has proposed not to monetise rural broadband network infrastructure built under Bharatnet project

DoT Proposes To Drop Bharatnet Infra From Its Asset Monetisation Plan

DoT under the ministry of communications has so far not raised any money through asset monetisation against the target of Rs 20,180 crore in the current financial year


Debt-ridden Vodafone Idea (VIL)

Shareholders Approval For Rs 1600 Crore Optionally Convertible Debentures Issue To American Tower Corporation Lapses In Absence Of Govt Response: Vodafone Idea

Shareholders of debt-ridden Vodafone Idea (VIL) approved issuing optionally convertible debentures (OCD) worth Rs 1,600 crore to ATC Telecom Infrastructure


Crypto Market Falls, Bitcoin Down By 1.87%, ETH Falls 3.07%

Bitcoin fell 1.87 per cent, while Ethereum was down by 3.07 per cent. Solana was down by 13.57 per cent, while the Axie Infinity was the top gainer, having gained 6.84 per cent to $8.69

06 December 2022

Sebi can relax regulatory norms for the central government in relation to strategic disinvestment of public sector undertakings

SEBI Relaxes Rules For Govt For PSU Disinvestment

Securities and Exchange Board of India (Sebi) had decided to dispense with a requirement for calculating open offer price with respect to the disinvestment of PSUs


SBI Card Updates Rewards Point Policy For Certain Credit Cards Starting January 1

The rewards point policy of SBI Card, a pure-play credit card provider, will change. Coupons for Cleartrip can only be used once per transaction and cannot be combined with any other offers or discounts

06 December 2022

Bharti Airtel has phased out its international mobile roaming schemes and introduced a new plan

Airtel Phases Out International Roaming Packs; Cuts Base Data Rate In Listed Countries By 99%

The company is allowing post-paid customers to shift to new plan without paying extra on their existing international roaming plans

06 December 2022

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Asics Gel Nimbus 24 Running Shoes Review: For Solid And Long-Term Comfort

Asics Gel Nimbus 24 is a solid pair of shoes for great comfort and bounce and can be a good choice for beginner to intermediate-level runners

06 December 2022

06 December 2022
Govt On Track To Meet Fiscal Deficit Target Of 6.4% For Current Fiscal: World Bank Report

Govt On Track To Meet Fiscal Deficit Target Of 6.4% For Current Fiscal: World Bank Report

High nominal GDP growth in the first quarter supported strong growth in revenue collection, especially Goods and Services Tax (GST), despite tax cuts on fuel


06 December 2022
Donald Trump Jr. To Visit India This Month; May Announce Expansion In Indian Realty Sector

Donald Trump Jr. To Visit India This Month; May Announce Expansion In Indian Realty Sector

New York-based The Trump Organization entered into Indian real estate market through a partnership with Mumbai-based Tribeca Developers


06 December 2022
What Are Twitter Files And What Secrets Do They Reveal About Elon Musk’s Platform?

What Are Twitter Files And What Secrets Do They Reveal About Elon Musk’s Platform?

For the unversed, Twitter Files have caused a stir on the social media platform as old chapters like some controversial decisions taken by the company during...


06 December 2022
Fitch Expects Windfall Tax To Be Phased Out In 2023

Fitch Expects Windfall Tax To Be Phased Out In 2023

Domestically-produced crude oil, which makes up for 15 per cent of all oil consumed in the country, is priced at international rates


06 December 2022
Latest Crypto News: Goldman Sachs To Invest Millions Into Crypto, FTX Knocks DeFi’s House Of Cards

Latest Crypto News: Goldman Sachs To Invest Millions Into Crypto, FTX Knocks DeFi’s House Of Cards

Here are the latest developments from the world of crypto over the past few days


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06 December 2022
Rupee Slumps 76 Paise To Close At 82.61 Against US Dollar

Rupee Slumps 76 Paise To Close At 82.61 Against US Dollar

At the interbank foreign exchange market, the local unit opened weak at 81.94, then slipped further to end at 82.61, registering a fall of 76 paise


06 December 2022
Sensex, Nifty Decline For Second Straight Session Ahead Of RBI's Policy Decision

Sensex, Nifty Decline For Second Straight Session Ahead Of RBI's Policy Decision

The Reserve Bank since May has increased the repo or benchmark lending rates by 190 basis points, to calm down inflation which has remained above its comfort...


06 December 2022
Global Airline Industry To Post $6.9 Billion Loss In 2022: IATA

Global Airline Industry To Post $6.9 Billion Loss In 2022: IATA

The International Air Transport Association (IATA) projected the industry loss at USD 9.7 billion


06 December 2022
File Belated Income Tax Return By December 31, 2022 To Save Yourself From Scrutiny, Notice

File Belated Income Tax Return By December 31, 2022 To Save Yourself From Scrutiny, Notice

If you have missed the July 31 deadline to file your income tax return, then make sure you file it by December 31, unless you want to get served with a notice...


06 December 2022
US, EU Agree To Intensify Talks On 'Green Subsidies' Dispute

US, EU Agree To Intensify Talks On 'Green Subsidies' Dispute

Although no deal was reached at a meeting of the bilateral Trade and Technology Council, the two sides pledged to continue work on preliminary progress


06 December 2022
Concord Biotech, Vaibhav Gems Get Sebi's Approval To Float IPOs

Concord Biotech, Vaibhav Gems Get Sebi's Approval To Float IPOs

The two companies filed their preliminary IPO papers with the capital markets regulator between August and September and obtained their observation letters...


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06 December 2022
Cut Excise Duty On CNG Till Gas Is Included In GST: Kirit Parikh Panel

Cut Excise Duty On CNG Till Gas Is Included In GST: Kirit Parikh Panel

Natural gas is currently outside the ambit of GST, and existing legacy taxes — central excise duty, state VAT and central sales tax — continue to be...


06 December 2022
Are South Indian States Justified In Criticising Indian Democracy's Centralised Structure?

Are South Indian States Justified In Criticising Indian Democracy's Centralised Structure?

Data scientist Nilakantan RS finds that the economies of Indian states on either side of an imaginary north-south divide have shown extreme divergence. And the...


06 December 2022
Aditya Birla Fashion Surpasses Nykaa In Race Of Buying TCNS Clothing: Report

Aditya Birla Fashion Surpasses Nykaa In Race Of Buying TCNS Clothing: Report

The new investor may be able to acquire up to 86.24 per cent of TCNS Clothing for Rs 3,016 crore open offer is fully subscribed


06 December 2022
World Bank Upgrades India's GDP Growth Forecast To 6.9% For FY23

World Bank Upgrades India's GDP Growth Forecast To 6.9% For FY23

World Bank's India Development Update said India is affected by spillovers from the US, Euro area and China


06 December 2022
Life Insurance Corporation Raises Stake In HDFC To Over 5%

Life Insurance Corporation Raises Stake In HDFC To Over 5%

LIC purchased 1.2 lakh shares from the open market hiking its stake in the company to 5.003 per cent, mortgage lender HDFC Ltd said in a regulatory filing on...


06 December 2022
Sensex Falls Over 400 Points, Nifty Below 18,650; Tata Steel, HCL Tech Top Losers

Sensex Falls Over 400 Points, Nifty Below 18,650; Tata Steel, HCL Tech Top Losers

Selling pressure was broad-based as all the eleven sector gauges, barring the index of FMCG and PSU Bank shares, were trading lower led by the Nifty IT index's...


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