Budget 2023: What’s The Role Of Finance Bill
The Finance Bill is presented before the Parliament every year as part of the Union Budget documents. It is a Money Bill, which is used to implement changes in taxation … Read More
Month: January 2023
Expectations High As Nirmala Sitharaman Preps To Present Her 5th Budget
With Finance Minister Nirmala Sitharaman getting ready to present the last full budget of the Modi 2.0 government, expectations are high that she will meet the demands of all stakeholders, … Read More
Budget 2023: All About Annual Financial Statement And Its Purpose
Union Budget 2023-24 is scheduled to be presented in the Parliament by Union Finance Minister Nirmala Sitharaman on February 1. Besides the annual Budget speech delivered by the Finance Minister, … Read More
Amid Legal Battle With Probe Agency, Xiaomi’s Global Veep Quits
Chinese smart device maker Xiaomi’s global vice president and former head of its Indian arm Manu Kumar Jain announced his resignation on Monday after about nine years stint at the … Read More
Economic Survey 2023 To Be Presented Tomorrow: History And Significance
The Economic Survey of India is presented every year a day before the Union Budget is announced. It will be presented by the CEA (Chief Economic Advisor)V Anantha Nageswaran tomorrow … Read More
Sensex, Nifty Fall Over 1% Amid Heavy Selling In Banking, Financials
Equity benchmarks Sensex and Nifty plunged over 1 per cent for a second straight session on Friday dragged down by heavy selling in banking, financials, and oil stocks amid foreign fund outflows. … Read More
GAILs Q3 Profit Slumps 93% On Suppy Disruptions
GAIL (India) Ltd, the country’s largest gas distributor, reported an almost 93% slump in quarterly profit on Monday, hit by lower gas sales due to supply disruptions. The state-owned gas … Read More
“Have Right To Ask Questions”: LIC To Talk To Adani Over Hindenburg Report
India’s Life Insurance Corporation (LIC) on Monday said it will talk to management of Adani Group within days after U.S. short-seller Hindenburg Research accused the conglomerate of high debt levels … Read More
Air India To Use New Software For Reporting Of In-Flight Incidents
Air India on Monday said it will use UK-headquartered Ideagen’s enterprise cloud software application Coruson to help enhance safety management and facilitate real-time reporting of in-flight incidents. The Tata group-owned … Read More
Renault To Slash Stake In Nissan From 43% To 15% In “Rebalancing Act”
French automaker Renault will slash its stake in partner Nissan as part of a deal rebalancing the rocky alliance between the two companies, the Japanese firm said Monday. Renault will reduce its stake … Read More