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Business

Inflation rises to 4.8 pc in Jun; factory output expands


Govt drops plans to levy TCS on overseas credit card spends

New Delhi: The government on Wednesday dropped plans to levy TCS on overseas payments made through international credit cards and said such expenses will be included in the Liberalised Remittance Scheme (LRS) of the RBI.

 


LATEST HEADLINES

Minor girl kidnapped and raped; main accused and two cafe owners held


Faced criticism from my own community for advocating creamy layer principle: Ex-CJI Gavai


Talks about split coaching surprising, important for people to stay in their domain: Gambhir


Kane scores hat trick and Bayern extends Bundesliga lead to 11 points


Railways announces 84 special trains following IndiGo flight cancellations


No differences of opinion in LDF over PM SHRI, new labour codes: Kerala CM


Will give suitable answer on L&O situation in Karnataka during winter session: Minister Parameshwara


Sri Lanka announces raft of relief for Ditwah-affected; Prez says life restored to normalcy


NIMHANS-like institutes needed across country: Minister Sharan Prakash Patil


Delegation requests for Karnataka HC Bench in coastal districts, hands petition to Chief Justice


Gurugram: Four college students held for night-time thefts of car tyres, rims


Two girls injured in separate wolf attacks in UP's Bahraich




Google investing USD 10 billion in India's digitisation fund: Pichai tells PM Modi

Internet giant Google is investing USD 10 billion in India's digitisation fund, its CEO Sundar Pichai has told Prime Minister Narendra Modi, a step that will recognise India's leadership on fintech and will support small and large businesses in India, the US and around the world.

 

RBI opts for pause 2nd time in a row; keeps repo rate unchanged at 6.5%

The Reserve Bank of India on Thursday opted for a pause second time in a row, maintaining key benchmark policy rate at 6.5 per cent as inflation moderates.

 

Govt asks retailers not to insist on mobile number of customers for providing services

The Consumer Affairs Ministry has issued an advisory directing retailers not to insist on the personal contact details of customers for delivering certain services, Consumer Affairs Secretary Rohit Kumar Singh said on Tuesday.

Musk says he's not stepping down as Tesla CEO, tells shareholders the company will advertise

Elon Musk on Tuesday dismissed speculation that he might step down as Tesla's CEO and told the company's annual shareholders meeting that the the electric car and solar panel company would start doing some advertising.

 

Elon Musk says he's found a new CEO for Twitter, a woman who will start in 6 weeks

Elon Musk said Thursday he has found a new CEO for Twitter, or X Corp. As it's now called. He did not name the person but she will be starting in about six weeks. Musk, who bought Twitter last fall and has been running it since, has been insisting he is not the company's permanent CEO. The Tesla billionaire said in a tweet Thursday that his role will transition to being Twitter's executive chairman and chief technology officer.

 

Adani Ports and Special Economic Zone sells Myanmar Port for USD 30 million

Adani Ports and Special Economic Zone Ltd (APSEZ) on Thursday said it has concluded the Myanmar Port sale for a total consideration of USD 30 million. In May 2022, APSEZ had announced signing of a Share Purchase Agreement (SPA) for the sale of its Myanmar Port. The SPA had certain Condition Precedents (CPs), including completion of the project and relevant approvals for smooth conduct of business by the buyer.

ED raids Manappuram Finance premises in Kerala on money laundering charges

The Enforcement Directorate on Wednesday conducted searches at multiple premises linked to non-banking finance company Manappuram Finance in Kerala as part of a money laundering investigation against it, official sources said.

 

ED conducts searches against BYJU's CEO Raveendran, says he never appeared for questioning

The Enforcement Directorate on Saturday said it has searched the Bengaluru-located office and residential premises of Edtech major BYJU's CEO Raveendran Bjyu and seized "incriminating" documents and digital data as part of a foreign exchange violation probe.

 

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