Month: February 2023

The Adani Group’s market losses swelled above $100 billion on Thursday, sparking worries about a potential systemic impact a day after the conglomerate’s flagship firm abandoned its $2.5 billion (Rs … Read More

As many as three Adani Group companies, including Adani Enterprises, have come under short-term additional surveillance measure (ASM) framework of the BSE and NSE, according to the latest data available … Read More

The 50-year interest-free loan constitutes a critical part of government’s ambitious ₹10 lakh crore capital expenditure push for the coming year The Hindu – Economy

In October 2022, Finance Minister Nirmala Sitharaman had attributed the delay to a software upgrade and assured that credits will be visible soon The Hindu – Economy

The duty hike on cigarettes by 16 per cent announced in the Union Budget 2023-24 would have a nominal impact of around 7-12 paise per stick across cigarette categories, according … Read More

The Bank of England on Thursday hiked its interest rate for a tenth time in a row as global authorities race to combat sky-high inflation. The central bank’s Monetary Policy Committee voted at a regular … Read More

The Union Budget 2023 has provided a boost to the new income tax regime by undertaking several measures that make it more attractive for taxpayers. The biggest impact however is … Read More

India’s Gender Budget, which aims to reduce the gender gap, was allocated ₹2.23 lakh crore in the 2023 Union Budget — just 2.12 per cent higher than the Revised Estimates … Read More

FedEx Corp is laying off more than 10 per cent of its global management staffers as the delivery company faces a shipping slowdown, the Wall Street Journal said. In an … Read More

The new income tax regime for filing returns has been “sweetened” in the Budget 2023-24 and it will be beneficial for maximum number of taxpayers as they can enjoy a … Read More