Business News

Scamsters have defrauded thousands of people of an estimated Rs 200 crore across Himachal Pradesh by promising high returns in a short period through investment in crypto assets.

Mumbai Police has arrested the former business partner of actor Vivek Oberoi, Sanjay Saha on charges of defrauding the actor of Rs 1 crore 55 lakh.

Over 30 lakh audit reports (TAR) were filed till September 30 on the e-filing portal of the Income Tax Department, the tax authority said on Monday.

The government on Friday increased the interest rate on five-year recurring deposit scheme by 20 basis points for the October-December quarter.

Reserve Bank Deputy Governor T Rabi Sankar on Friday said the high cost of remittances for countries despite the available technology was "unconscionable", and India is in talks with more jurisdictions to make a material impact on cross-border

Replying to a person who suggested that work from home will help, Mr Shenoy added, “WFH isn't always feasible - camaraderie, business needs, etc"

A shocking video of a man brutally assaulting a woman near a salon in a posh Ahmedabad neighbourhood has prompted the police to register a case of sexual harassment and voluntarily causing hurt.

Byju's Lay Off 2023: Edtech major BYJU's may lay off up to 3,500 employees during the current fiscal as it looks to consolidate teams and enhance regional focus, sources privy to the development said.

India could be among the three fastest growing markets for JPMorgan in the Asia Pacific region next year, alongside Australia and Japan, said a top official at the Wall Street bank.

West Bengal Chief Minister Mamata Banerjee on Friday highlighted the opportunities of her state at a business summit in Dubai saying that Bengal has everything "from A to Z" and asking the investors if they are interested in "building up" her state.

Chief Economic Adviser V Anantha Nageswaran on Friday said inclusion of Indian government bonds into JPMorgan's benchmark emerging market index from next year will widen investor base, and may lead to appreciation of rupee.

JPMorgan will include Indian government bonds in its Government Bond Index-Emerging Markets (GBI-EM) from June 2024, the Wall Street bank said on Friday.

Global investment bank JPMorgan Chase and Co. on Thursday announced that it would be adding India to its emerging market debt index with effect from June 28, 2024.

The net financial savings of households plunged by close to 55 per cent in FY23 to 5.1 per cent of GDP, and their indebtedness more than doubled to Rs 15.6 lakh crore from FY21, primarily led by massive borrowings from banks, shows an analysis of latest official numbers.

Benchmark indices Sensex and Nifty tumbled more than 1 per cent today due to selling in index heavyweights in tandem with weak global trends ahead of the US Federal Reserve's interest rate decision.

Scamsters have defrauded thousands of people of an estimated Rs 200 crore across Himachal Pradesh by promising high returns in a short period through investment in crypto assets.

Mumbai Police has arrested the former business partner of actor Vivek Oberoi, Sanjay Saha on charges of defrauding the actor of Rs 1 crore 55 lakh.

Over 30 lakh audit reports (TAR) were filed till September 30 on the e-filing portal of the Income Tax Department, the tax authority said on Monday.

The government on Friday increased the interest rate on five-year recurring deposit scheme by 20 basis points for the October-December quarter.

Reserve Bank Deputy Governor T Rabi Sankar on Friday said the high cost of remittances for countries despite the available technology was "unconscionable", and India is in talks with more jurisdictions to make a material impact on cross-border

Replying to a person who suggested that work from home will help, Mr Shenoy added, “WFH isn't always feasible - camaraderie, business needs, etc"

A shocking video of a man brutally assaulting a woman near a salon in a posh Ahmedabad neighbourhood has prompted the police to register a case of sexual harassment and voluntarily causing hurt.

Byju's Lay Off 2023: Edtech major BYJU's may lay off up to 3,500 employees during the current fiscal as it looks to consolidate teams and enhance regional focus, sources privy to the development said.

India could be among the three fastest growing markets for JPMorgan in the Asia Pacific region next year, alongside Australia and Japan, said a top official at the Wall Street bank.

West Bengal Chief Minister Mamata Banerjee on Friday highlighted the opportunities of her state at a business summit in Dubai saying that Bengal has everything "from A to Z" and asking the investors if they are interested in "building up" her state.

Chief Economic Adviser V Anantha Nageswaran on Friday said inclusion of Indian government bonds into JPMorgan's benchmark emerging market index from next year will widen investor base, and may lead to appreciation of rupee.

JPMorgan will include Indian government bonds in its Government Bond Index-Emerging Markets (GBI-EM) from June 2024, the Wall Street bank said on Friday.

Global investment bank JPMorgan Chase and Co. on Thursday announced that it would be adding India to its emerging market debt index with effect from June 28, 2024.

The net financial savings of households plunged by close to 55 per cent in FY23 to 5.1 per cent of GDP, and their indebtedness more than doubled to Rs 15.6 lakh crore from FY21, primarily led by massive borrowings from banks, shows an analysis of latest official numbers.

Benchmark indices Sensex and Nifty tumbled more than 1 per cent today due to selling in index heavyweights in tandem with weak global trends ahead of the US Federal Reserve's interest rate decision.