GST detects Rs 10 cr cash, turnover of Rs 1,764 cr in toilet-sized office

Mumbai (IANS) In a shocker, the Maharashtra GST Department raided and detected cash, silver bars worth Rs 10 crore, plus a business turnover of a staggering Rs.1,764 crore from an office measuring just 35 sq.feet -- smaller than a home toilet.

Adani acquires India's largest marine services company Ocean Sparkle

Ahmedabad (IANS) Adani Ports and Special Economic Zone Ltd (APSEZ) through its subsidiary, The Adani Harbour Services Ltd (TAHSL), has entered into a definitive agreement for acquisition of 100 per cent stake in Ocean Sparkle Ltd (OSL), India's…

Not just crude, wheat prices too saw massive spike due to Russia-Ukraine war

New Delhi (IANS) Parallel to crude oil, prices of wheat and wheat flour too have seen a steep uptick ever since the war between Russia and Ukraine broke out in late February.

Riding on a possible supply disruption of the wheat as the tensions…

Economic slowdown: Sitharaman calls for 'proactive collective efforts' by G-20

Washington (IANS) Finance Minister Nirmala Sitharaman has called for "proactive collective efforts" by the G-20 group of the world's top economies to deal with the current slowdown in the growth momentum of the global economy.

Addressing…

India's growth story continues despite Covid; more people turning into 'job creators'

New Delhi (IANS) Various waves of the Covid pandemic could not sweep off India's growth story completely. Showing resilience India has registered 1.67 lakh companies in the financial year 2021-22 (April-March), according to a report by Ministry…

Snapping 5-day losing streak, indices up in opening session

New Delhi (IANS) Breaking the five day losing streak, Indian benchmark equity indices rose on Wednesday primarily due to value buying.

In the past five sessions, the Sensex and Nifty declined almost 4 per cent.

High inflation amid rising…

Indian private sector to drive carbon transition: Moody's

Chennai (IANS) Indian private sector has to drive the carbon transition efforts as the country's significant economic development needs will constrain the government's ability to extend sufficient financial support, said Moody's Investors…

Drivers take charge of Uber, Indian riders have nowhere to go

New Delhi (IANS) As cab-hailing platforms grow in sheer size and number in India, local residents are in for more trouble as of late, the drivers have become more aggressive and demanding, forcing people to cancel their rides when drivers do not want…

Samsung eyes 65% share in QLED TV segment in India with new range

New Delhi (IANS) Eyeing a massive 65 per cent market share in the QLED TV segment, Samsung on Tuesday brought its latest range of Neo QLED 8K and Neo QLED TVs to the India consumers to further elevate their viewing experience.

The South Korean…

BYJU's faces litmus test as edtech bubble bursts in India

New Delhi (IANS) For Vipluv, 24, a job offer from the leading edtech company BYJU's was like a dream come true. He, along with four-five of his friends, joined the company as Business Development Trainee-Sales in February this year for a monthly…