Business / The Siasat Daily
Hyderabad: The Telangana Industrial Infrastructure Corporation (TGIIC) has achieved a record-breaking Rs 177 crore per acre in its latest auction of 7.67 acres at Raidurg, Hyderabad Knowledge City, setting a new benchmark. This was the highest-ever price per acre in the state, according to TGIIC, surpassing the earlier Neopolis, Kokapet benchmark of Rs 100.75 crore Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegr
Mumbai: In a major incident involving an Air India plane, Ram Air Turbine, which is usually used in case of engine failures, got deployed without any command from a Boeing 787-8 Dreamliner aircraft a few minutes before landing at the Birmingham airport on Saturday, according to officials. Aviation watchdog DGCA is probing the incident involving Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to
New Delhi: India has initiated a probe into an alleged dumping of certain steel items from China, Indonesia and Vietnam following a complaint by domestic players. The Commerce Ministrys arm, Directorate General of Trade Remedies (DGTR), has initiated the anti-dumping probe into the import of Cold rolled flat products of 300 and 400 series from Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to o
New Delhi: The Income Tax (I-T) department has imposed two separate fines on ACC Ltd, totalling Rs 23.07 crore, which will be contested by the Adani Group firm before the appellate authorities. The I-T department has slapped a penalty of Rs 14.22 crore allegedly for furnishing of inaccurate particulars of income for Assessment Year 2015-16. Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our
Vijayawada: Andhra Pradesh Chief Minister N Chandrababu Naidu on Thursday said that indigenous manufacturing and consumption of products must increase massively. Addressing a meeting on Khadi products organised by Andhra Pradesh BJP chief PVN Madhav, the Chief Minister noted that Andhra Pradesh is manufacturing many quality products such as kondapalli and yetikoppaka toys, coconut products, Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top St
New York: As uncertainty deepens amid the US governments first shutdown in almost seven years, the gold frenzy continues to climb to new heights. The going price for New York spot gold hit a record USD 3,858.45 per troy ounce the standard for measuring precious metals as of market close Tuesday, ahead of Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our
New Delhi: Fair trade regulator CCI has directed a probe into multiplex chain PVR INOX over alleged abuse of dominant position in continuing to levy virtual print fee on producers, even after cinema halls fully shifted to digital projection. In a 33-page order passed by CCI on Tuesday, the fair-trade regulator said there exists a Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. Y
New Delhi: The Unified Payments Interface (UPI) saw 31 per cent transaction count growth (year-on-year) at 19.63 billion in the month of September with 21 per cent growth in transaction amount at Rs 24.90 lakh crore, the National Payments Corporation of India (NPCI) data showed on Wednesday. Month-wise too, UPI witnessed a growth in Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channel
Kolkata: High tariffs imposed by the United States on Indian goods pose a major risk to the countrys growth, Crisil Intelligence said in its September report. The tariffs will impact both Indian goods exports and investments, the report added. However, domestic consumption, driven by benign inflation and rate cuts, is expected to support growth, it Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing
New Delhi: The Labour & Employment Ministry on Wednesday inked an initial pact with quick commerce player Zepto for enhancing employment opportunities as well as youth employability on the National Career Service (NCS) portal, an official release said. The Memorandum of Understanding (MoU) was signed in the presence of Union Minister for Labour & Employment Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by su
New Delhi: Gold and silver prices declined from their record high in the national capital on Wednesday as traders booked profits at elevated levels after US Fed Chair Jerome Powells cautious tone on rate cuts. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity depreciated Rs 900 to Rs Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can al
Mumbai: Benchmark indices Sensex and Nifty fell in early trade on Wednesday as foreign fund outflows and concerns over the steep hike in US H-1B visa fees continue to dent investors sentiment. The 30-share BSE Sensex dropped 380.48 points to 81,721.62 in early trade. The 50-share NSE Nifty declined 106.45 points to 25,063.05. From the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channe
New Delhi: India is emerging as the leading market of interest for companies looking to realign their trade and manufacturing activities, a report said on Tuesday. India is the leading market of interest, where almost half of the respondents are looking to ramp up or maintain trade activities with the worlds fastest-growing major economy, while Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to
Tokyo: Asian shares were trading mixed Tuesday in the absence of key market-driving news in the region, after a seemingly relentless rally continued on Wall Street. Tokyo trading was closed for a national holiday. Australias S&P/ASX 200 climbed 0.6 per cent to 8,861.10. South Koreas Kospi added 0.3 per cent to 3,479.23. Hong Kongs Hang Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our chann
Amaravati: Andhra Pradesh Chief Minister N Chandrababu Naidu on Monday said that the TDP-led NDA government will undertake a month-long awareness campaign on GST 2.0 reforms to enlighten people about the benefits they stand to derive from lower prices through the recent restructuring of the indirect tax regime. The GST Council has approved a complete Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribi
New Delhi: SLMG Beverages, the largest bottler of Coca-Cola, expects a high single-digit sales growth in FY26 despite facing headwinds in the June quarter due to unseasonal rains, and hopes its gross revenue to cross Rs 9,000 crore, said a top company official on Monday. The beverage industry faced disruption in sales in the June Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. Y
Tokyo: Asian shares traded mostly higher Monday, cheered by a record finish last week on Wall Street. Japans benchmark Nikkei 225 jumped 1.5% in morning trading to 45,729.33, rebounding from the decline late last week over concerns about the Bank of Japans selling its holdings. Such concerns abated as markets began to see any move Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels.
Mumbai: A Delhi-bound Air India aircraft returned to the London Heathrow airport on Sunday when it was taxiing for takeoff as a passenger who was issued the boarding pass failed to board the plane. According to a source, the flight AI 162 was already delayed by around 45 minutes before the aircraft moved to the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also downloa
Hyderabad: Telangana Transport Minister Ponnam Prabhakar on Sunday assured that the state government would extend full support to families and professionals affected by the United States sharp hike in H-1B visa fee, and said it would work with the union government to safeguard opportunities for the states skilled workforce. Prabhakar expressed serious concern over reports Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp &
New Delhi: A decision of the US President Donald Trump to raise H-1B visa fees to USD 100,000 per worker is likely to hurt America more than India, think tank GTRI said on Sunday. It said that Indian IT firms already employ 50-80 per cent locals in the US, about 100,000 Americans in total. So Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Andro
New Delhi: Foreign investors have pulled out Rs 7,945 crore from Indian equities so far in September, weighed down by global uncertainties such as tariffs and persistent geopolitical tensions. This follows heavy outflows of Rs 34,990 crore in August and Rs 17,700 crore in July, taking the total equity sell-off by Foreign Portfolio Investors (FPIs) Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing
New Delhi: Nasscom has urged its member companies to urgently get their H-1B employees who are currently outside America, to return to the US, amid the tight one-day countdown to visa fee hike implementation, Shivendra Singh, Vice President of the apex industry body said on Saturday. Singh was responding to a question on what advice Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels
New Delhi: Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets dairy items under the Amul brand, on Saturday, September 20, announced the reduction of retail prices of more than 700 product packs, including ghee, butter, ice cream, bakery and frozen snacks, as it decided to pass on benefits of the GST rate cut to consumers. Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our
New Delhi: Industry body Nasscom on Saturday said the USs move to raise H-1B visa application fee to USD 100,000 will impact Indias technology services companies, as business continuity will be disrupted for onshore projects that may require adjustments. The apex body also flagged concerns over the September 21 timeline for implementation, saying a one-day Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by sub
New Delhi: The USD 100,000 annual fee imposed by the US on H-1B visas will escalate costs and erode competitiveness for heavy H-1B users and may potentially disrupt business models and revenue streams for Indian IT professionals and companies, Sajai Singh, Partner JSA Advocates and Solicitors said on Saturday. In a move that is bound Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channel
Mumbai: The Indian benchmark indices opened marginally lower on Friday, with IT stocks leading the losses in early trade. As of 9.26 am, Sensex was down 241 points or 0.29 per cent at 82,772 and Nifty was down 63 points or 0.25 per cent at 25,360. The US Federal Reserve resumed interest rates cut cycle Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app
Washington: US President Donald Trump is expected to talk with Chinese leader Xi Jinping on Friday in a push to finalise a deal to allow the popular social media app TikTok to keep operating in the United States. The call also may offer clues about whether the two leaders might meet in person to hash Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app f
Kolkata: Union Finance Minister Nirmala Sitharaman on Thursday made it clear that the Centre was not considering any compensation to states for potential revenue loss arising from the latest Goods and Services Tax (GST) rate cuts, stressing that the impact will be shared equally and given the devolution of taxes, while the Centres share will Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our
New Delhi: Several room air-conditioner makers and dealers have started pre-booking of units with reduced prices, anticipating a pent-up demand as lower GST rates take effect next week, and are quite buoyed by buyers responses. Makers of room-air conditioners (RAC) said they are transferring the entire 10 per cent reduction in GST to consumers, which Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribi
New Delhi: Crude oil futures on Wednesday fell Rs 37 to Rs 5,644 per barrel, as participants trimmed their positions, tracking weak demand in the spot market. On the Multi-Commodity Exchange, crude oil for October delivery declined Rs 37, or 0.65 per cent, to Rs 5,644 per barrel in 9,862 lots. Also ReadSanctions hit Nayaras Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can
Tokyo: Asian shares traded mixed Wednesday after US stocks edged down from record highs and as market focus turned to expectations for the Federal Reserves first interest rate cut of the year. Japans benchmark Nikkei 225 gained 0.2 per cent in morning trading to 44,995.79. The Finance Ministry reported Japans exports to the US dropped Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channe
New Delhi: Tech giant Google has reportedly laid off more than 200 contractors working on its artificial intelligence projects, including Gemini and AI Overviews. The move has raised concerns over job security, low pay, and possible retaliation against unionisation efforts. According to a report by WIRED, the layoffs took place in at least two separate Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscri
Mumbai: Benchmark equity indices Sensex and Nifty rebounded in early trade on Tuesday amid hopes of progress in the India-US bilateral trade talks. A day-long talk on the India-US bilateral trade deal will be held on Tuesday. A rally in global peers also instilled optimism in the domestic stock market ahead of this weeks US Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can
New Delhi: Nokia has extended licensing agreement with HMD Global to sell Nokia feature phones by about another three years beyond its original 2026 expiry, sources aware of the development said. HMD Global makes Nokia branded features phones in India and China. Nokia has extended its licensing agreement with HMD Global by another two to Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our cha
New Delhi: The Income Tax Departments I-T return filing portal faced huge traffic as the deadline for filing returns ends on Monday, leading to netizens complaining of glitches and demanding an extension of the September 15 deadline. The department, however, said that the portal was working fine and gave no indication of extending the deadline Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to o
New Delhi: SpiceJet has delayed salary payments for a significant portion of its employees and according to the budget airline on Sunday, it follows a phased disbursement schedule during lean periods that continues over a few days. According to people familiar with the matter, those earning up to Rs 55,000 are being paid on time Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. Yo
Mumbai: The Indian benchmark indices opened on the flat note with a positive bias on Monday, on the back of positive domestic inflation data and growing expectations of a US Federal Reserve rate cut. As of 9.30 am, the Sensex was up 4.5 points or 0.005 per cent at 81,909, and the Nifty was up Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Andro
Mumbai: The rupee witnessed range-bound trading in morning deals on Monday and depreciated 4 paise to 88.30 against the US dollar, as tariff-led pressure on Indias exports weighed on investor sentiments. Forex traders said the rupee traded in a tight range as it is caught between worries over US trade tariffs, persistent foreign portfolio outflows, Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing
Hyderabad: Telangana Deputy Chief Minister Mallu Bhatti Vikramarka on Friday said state-run miner Singareni Collieries would diversify into other sectors, including thermal and solar power and green energy, instead of limiting itself to coal mining. The Singareni Collieries Company Limited (SCCL) is a government-owned coal mining company, jointly held by the Telangana and Union governments Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Sto
New Delhi: India and the European Union (EU) are now maximising their efforts to finalise negotiations for a proposed free trade agreement by the end of this year, with both sides stressing their commitment to a comprehensive and balanced pact to benefit businesses and consumers. The official team of India and the EU are engaged Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. Yo
Washington: US inflation likely ticked higher last month as the Trump administrations import taxes have lifted the price of goods, potentially putting the Federal Reserve in a tough spot when it meets next week. Economists forecast that consumer prices rose 2.9 percent in August from a year earlier, according to a survey of economists by Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our cha
New Delhi: Digital gaming company Games24X7 has started the process to lay off around 70 per cent or around 500 employees, following the governments ban on all forms of money-based online games, sources aware of the development said. An email query sent to the company elicited no reply. There were around 700 to 750 employees Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You ca
New Delhi: US President Donald Trump has asked the European Union (EU) to impose tariffs of up to 100 per cent on India and China as part of a joint effort to increase pressure on Russia to end the war in Ukraine, the Financial Times reported on Wednesday. The report came shortly after Trump and Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for An
Washington: The Supreme Court on Tuesday granted an unusually quick hearing on whether President Donald Trump has the power to impose sweeping tariffs under federal law. The justices will hear arguments in November, lightning fast by the typical standards of the nations highest court. The small businesses and states that challenged the tariffs in court Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscri
New Delhi: Markets regulator Sebi has introduced special measures for voluntary delisting of PSUs, where the government owns 90 percent or more stake, in a move aimed at streamlining the exit process. Such measures include relaxations from the requirement of a two-thirds threshold for approving delisting by public shareholders and in the mode of computation Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by su
New York: In a fresh outburst, White House trade advisor Peter Navarro on Monday said India must come around at some point on trade negotiations with the US or else it wont end well for Delhi. Navarro, in an interview with the Real Americas Voice show, said the Indian government takes offence to him and Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our ap
New Delhi: Indias literacy rate has risen from 74 per cent in 2011 to 80.9 per cent in 2023-24, but true progress will come only when literacy becomes a lived reality for every citizen, Union Education Minister Dharmendra Pradhan said on Monday. Literacy goes beyond reading and writing. It is a means to dignity, empowerment Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can
New Delhi: In a significant relief to Adani Enterprises Limited (AEL), a Delhi court on Saturday passed an interim order restraining a group of journalists, activists and foreign-linked organisations from publishing or circulating allegedly unverified and defamatory content against the company. Senior Civil Judge Anuj Kumar Singh, while hearing a defamation suit filed by AEL, Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsA
New Delhi: Shares of SpiceJet declined nearly 3 per cent on Monday after the company reported a net loss of Rs 238 crore for the June quarter, saying expenses related to grounded aircraft and subdued leisure travel demand impacted the financials. The stock dropped 2.90 per cent to Rs 33.45 apiece on the BSE. During Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also dow
New Delhi: Crude oil prices on Monday rose Rs 89 to Rs 5,523 per barrel in futures trade supported by fresh positions from traders. On the Multi Commodity Exchange, crude oil for October delivery traded higher Rs 89 or 1.64 per cent at Rs 5,523 per barrel in 4,234 lots. According to market experts, snapping Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download ou