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Business / The Hindu Businessline

GoM to consider 1% calamity cess proposal by AP

Andhra Pradesh Finance Minister Payyavula Keshav said that there was a consensus that a GoM be formed

21 Dec 2024 6:44 pm
Housing sales, supply see steep fall in December quarter

Janaki Krishnan Data indicates that new housing supply has fallen by a third on year and sales by over a fifth across the top nine cities of India

21 Dec 2024 6:07 pm
DCM Shriram recognised among top global chemical companies for ESG excellence

Firm recognised in the top 7% per cent of 523 global chemical companies

21 Dec 2024 5:29 pm
PhysicsWallah signs 1,000 crore deal with Andhra Pradesh government to set up varsity of innovation

The purpose is to create an institution that combines academic learning with industry relevance, says Alakh Pandey, Founder and CEO of PhysicsWallah

21 Dec 2024 5:05 pm
Revanth Reddy government seeks suggestions on Rythu Bharosa scheme

Rythu Bharosa replaces the Rythu Bandhu scheme of the previous government in the State which was an investment assistance scheme

21 Dec 2024 4:52 pm
BIMARU states turn the tables as MF AUMs in smaller states grow faster

The mutual fund AUM in the four states of Bihar, Madhya Pradesh, Rajasthan and Uttar Pradesh have grown higher than that of the industry in the last one year, with Uttar Pradesh overtaking Tamil Nadu for the sixth position in the overall ranking

21 Dec 2024 4:00 pm
US Congress sends spending deal to Biden on brink of deadline

The Senate vote backing the legislation was likely the last of the 118th Congress

21 Dec 2024 3:42 pm
The year of IPOs: A record-breaking 1.8 trillion raised from initial public offerings in 2024, says Motilal Oswal report

The figure surpasses the previous high of 1.3 trillion set in 2021 and is significantly higher than last year's total of 576 billion

21 Dec 2024 3:34 pm
India leaps to 49th rank in 'Network Readiness Index', from its previous position at 60th

This year, the country not only climbed the rankings but also improved its overall score to 53.63, reflecting its consistent efforts in advancing technology, research, and digital infrastructure

21 Dec 2024 3:34 pm
ISRO and ESA forge partnership for astronaut training and research

The partnership will focus on astronaut training, research, and education, with the Axiom-4 mission featuring ISROs Gaganyaan astronaut and an ESA astronaut conducting Indian-led experiments.

21 Dec 2024 3:22 pm
Optimism in Indian job market: Upcoming B-School placements set for 15-20% salary hike

Shantanu Rooj, CEO of TeamLease EdTech, highlights a potential resurgence in hiring within the IT sector and other industries, countering a prolonged period of low recruitment.

21 Dec 2024 2:08 pm
GST Council meeting: Used EVs, smaller cars to attract 18% GST; insurance proposal deferred for more review

The GST Council has recommended a 5% GST on ready-to-eat popcorn with salt and spices (if not pre-packaged), 12% on pre-packaged popcorn, 18% on caramel popcorn, and 5% on fortified rice kernels

21 Dec 2024 1:35 pm
Innovations in wooden packaging for agriculture and allied sectors

Innovations in wooden packaging are playing a pivotal role in transforming Indias agriculture and allied sectors

21 Dec 2024 12:43 pm
From fields to future: How automation is reshaping Indian agriculture

It is a catalyst farmers to transcend the limitations of the past and cultivate a prosperous future

21 Dec 2024 12:15 pm
Bone-chilling cold grips Kashmir: Srinagar records coldest night in 34 years

The region has recorded its coldest night of the season, with Srinagars temperatures dropping to a striking minus 8.5 degrees Celsius.

21 Dec 2024 11:55 am
Meditation transcends religions and borders, say leaders on first World Meditation Day at the UN

Spiritual leader Gurudev Sri Sri Ravi Shankar stressed that meditation transcends religions and geographical boundaries, providing everyone with an opportunity for inner reflection and peace

21 Dec 2024 11:41 am
Discovering nature: 27 new species found in Perus Amazon rainforest

Conducted by Conservation International, the 2022 expedition recorded over 2,000 species, highlighting the incredible biodiversity of the Alto Mayo region.

21 Dec 2024 10:54 am
Bihar government to provide support for investors in setting up industries: Chief secretary

Prominent companies pledged big ticket investments and outlined major plans in the state at the Bihar Business Connect 2024

21 Dec 2024 10:33 am
Telangana urges removal of borrowing conditionalities at pre-Budget meet

Telangana Deputy Chief Minister Bhatti Vikramarka Malluproposed a fiscal deficit target of 4.5% of GDP to sustain infrastructure and employment growth

21 Dec 2024 9:33 am
GST Council Meeting Live Updates: Insurance tax relief, gift vouchers, FSI charges likely key topics

GST Council Jaisalmer Meeting Live Updates: The upcoming 55th meeting of the GST Council will address significant issues, including the tax treatment of gift vouchers and charges paid for Floor Space Index (FSI). The Finance Minister, Nirmala Sitharaman, will lead the meeting in Jaisalmer. The Fitment Committee has recommended a circular clarifying that gift vouchers are a form of currency and thus exempt from GST as they fall under the definition of money. Conversely, the proposal regarding FSI

21 Dec 2024 9:00 am
States receive higher devolution under 15th Finance Commission, says FM Sitharaman

The Centre has allocated 30,000 crore as untied funds under the Scheme for Special Assistance to States for Capital Investment 2024-25, which can be used across sectors

20 Dec 2024 10:26 pm
`MoD inks deal with L&T for K-9 Vajra guns at 7,628.70 cr

In another event, Mazagon Dock Shipbuilders Limited (MDL) hands over 2 ships to Indian Navy

20 Dec 2024 10:17 pm
SpiceJet partners with StandardAero to revive Boeing 737-8 MAX fleet

This collaboration follows arrangements with engine manufacturer CFM International and the aircrafts lessor, aiming to return three aircraft to service by April 2025.

20 Dec 2024 10:14 pm
Securing the gig economy: Indias path to social security

Rishi Agrawal, CEO and Co-Founder of Teamlease Regtech, shares his insights on the evolving social security framework for gig workers

20 Dec 2024 10:00 pm
Indias Labour Market: Navigating the gig economy shift in 2024

Balancing challenges and opportunities, India redefines work with digital platforms and evolving policies

20 Dec 2024 10:00 pm
Popees Baby Care to expand with 42 new stores nationwide

This expansion aims to establish Popees as one of the largest national baby and childcare brands.

20 Dec 2024 9:53 pm
Freshworks founder Girish Mathrubootham sells shares worth $40 mn

Mathrubootham sold 8.35 lakh shares for $14 million on December 18 and 16.6 lakh shares for $26 million on December 19.

20 Dec 2024 9:47 pm
Indian Railways goes green in accounts: A Sustainability Milestone

ICAI ARF integrates environmental efforts into Indian Railways accrual-based financial statements for the first time in 2022-23.

20 Dec 2024 9:02 pm
West Bengal govts emphasis on human capital formation attracting major IT companies, says Amit Mitra

Speaking at the Rising Asia-BCC&I Summit in the city, Mitra said spending on human resources has a significant multiplier effect

20 Dec 2024 8:56 pm
Cabinet approves 422 per quintal hike in milling copra MSP, ball copra price by 100

Decision will ensure a margin of minimum 50% over the all India weighted average costs of production (A2+Family Labour)

20 Dec 2024 8:52 pm
Indian Tea Association welcomes U.S. Food and Drug Administrations recognition of tea as healthy beverage

This significant development allows manufacturers to voluntarily label tea products with the healthy claim, provided they meet the updated criteria

20 Dec 2024 8:45 pm
States demand increased allocation under 50-year interest free loan, higher borrowing limit

Punjab, Kerala seek special financial packages, include more loans, grants and borrowing flexibility

20 Dec 2024 8:39 pm
Non-tariff barriers in the EU impede Indias trade with the bloc: Goyal

In a video meeting with top EU officials, the Minister discussed need for a balanced, equitable, ambitious, mutually beneficial FTA with the bloc

20 Dec 2024 8:34 pm
The Hindu hosts Lit for Life Dialogue in Bengaluru, setting the stage for the January festival

The Dialogue provided a platform to engage with prominent voices in culture, creating anticipation for the upcoming festival

20 Dec 2024 8:31 pm
TRAI recommends additional 5 MHz spectrum in the 700 MHz band for Indian Railways

The development comes after DoT informed TRAI that the Indian Railways has sought an additional 5 MHz of paired spectrum in the 700 MHz band, free of cost, for enhancing its safety and security systems

20 Dec 2024 8:20 pm
Modi to discuss trade, investment, defence ties with Kuwaits top leadership: MEA

India hopes negotiations for India-GCC FTA will continue with Kuwait as chair of the bloc

20 Dec 2024 8:17 pm
India Inc raises record 1.29 lakh crore through QIPs in CY24

The top 10 companies have contributed roughly half of the total QIP amount raised this year

20 Dec 2024 8:10 pm
FSSAI mandates quarterly reporting on disposal of rejected, expired food products

The Food Safety Authority said this new provision is being introduced to ensure that rejected or expired food items are not rebranded and sold for human consumption

20 Dec 2024 7:59 pm
Will algo trade give retail investors an edge?

SEBI study found they were making losses both in cash, F&O segment

20 Dec 2024 7:53 pm
Protest in Thoothukudi on rising unemployment

The protest was addressed by a leader of the INTUC P Kathirvel and Thiyagarajan of the Thoothukudi Contractors Association, says a release

20 Dec 2024 7:39 pm
Thoothukudi faces economic decline as key industries shut down

The Sterlite plant closure alone displaced 1,500 direct workers and indirectly impacted 40,000 livelihoods

20 Dec 2024 7:39 pm
Lohia launches brand Youdha for new category of electric three-wheelers

Under the brand five-to-six new products will be launched in the next on year.

20 Dec 2024 7:37 pm
International Gemmological Institute lists at 22% premium

Ends with a gain of 13 per cent over the issue price

20 Dec 2024 7:32 pm
IFC anchors NDR InvITs first sustainability-linked bond to propel green warehousing and growth

Invests $75 million in the SLB, which isfirst to be issued by any InvIT in the country

20 Dec 2024 7:30 pm
20 Dec 2024 7:15 pm
GST Council to address insurance premium rate rejig and gift card taxability

GST Council to consider FSI taxability under Reverse Charge Mechanism

20 Dec 2024 7:13 pm
20 Dec 2024 7:10 pm
Namma Yatri aims to expand its services to another 5-6 cities in next quarter

The ride hailing platform is also planning to launch integrated solutions for auto and metro services in cities including Bengaluru, Chennai and Kolkata

20 Dec 2024 7:10 pm
Cold snap triggers 30% drop in banana exports, hitting farmers and traders

While India maintains its position as the largest banana producer and exporter globally, competitors like Ecuador and the Philippines stand to gain from the current setbacks

20 Dec 2024 6:47 pm