Samvat 2078 to kick in with a big bang

Diwali festivities have come to the market in anticipation of Diwali which happens on the following Monday. Markets gained on all five trading days of the week gone by with stellar gains on the first two days and then struggling to gain but still…

Amid high inflation & weak rupee, Fin Min review says economic performance 'impressive'

New Delhi (IANS) Even as economic growth and rising inflation remain major concerns for India, with Finance Minister Nirmala Sitharaman saying that these twin challenges would be in focus in the next Union Budget, the monthly economic review for September…

Hindustan Unilever logs Rs 2,616 crore PAT in Q2

Chennai (IANS) Fast-moving consumer goods major Hindustan Unilever Ltd (HUL) closed the Q2 of FY23 with a net profit of Rs 2,616 crore.

The company's Board on Friday, approving the accounts, also declared an interim dividend of Rs 17 per…

Air India moves forward on five-year transformation roadmap

New Delhi (IANS) Moving forward on its five-year transformation roadmap, Air India, which had not recruited in the non-operations areas for more than 15 years, has started adding talent in all spheres of its business.

The airline's aggressive…

'Vast GST system needs trained tax professionals with practical skill'

New Delhi (IANS) While the government pays special attention to tax management for resource mobilisation, there is a huge need for skilled tax professionals to support the government's GST (Goods and Services Tax) system, as per experts.

The…

Domestic air traffic registers annual growth of 64.61%

New Delhi (IANS) Domestic air traffic registered an annual growth of 64.61 per cent and monthly growth of 46.54 per cent as passengers travelling within the country from January to September increased to 8.74 crore as against 5.31 crore recorded in…

Centre hikes MSP for Rabi crops by upto Rs 500 per quintal

New Delhi (IANS) The Centre has hiked the minimum support price (MSP) for six Rabi crops like wheat, gram, lentils rapeseed and mustard, among others, from Rs 100 to Rs 500 per quintal for the marketing season of 2023-24.

The decision taken…

India sees 34% uptick in jobs related to 5G, telecom: Report

Bengaluru (IANS) As enterprises look at 5G adoption at an accelerated pace with its roll out in India, job postings for telecommunications and 5G have increased by 33.7 per cent in the last 12 months, a new report showed on Tuesday.

Job roles…

Inflation set to ease, though stubbornly: RBI bulletin

New Delhi (IANS) The Reserve Bank of India (RBI) has expressed optimism that headline inflation is set to ease from its September high, albeit stubbornly, on the back of easing momentum and favourable base effects.

These observations have been…

See Rupee slide as a case of Dollar strengthening, says Finance Minister

New Delhi (IANS) As the rupee continues with its downward trend against the dollar, touching 82.32 on Friday, Finance Minister Nirmala Sitharaman has said that she sees the phenomenon as dollar strengthening and not the Indian currency sliding.