Forex kitty falls $325 million to $560.94 billion
India Business News: India's foreign exchange reserves dropped $325 million to $560.942 billion as of February 24, making it the fourth consecutive week of decline in the
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Govt fixes wheat procurement target at 34.15 million tones for 2023-24
India Business News: The government has fixed a wheat procurement target of 34.15 million tonnes for the 2023-24 marketing year starting April, higher than 18.79 million t
India lends support to Ajay Banga's nomination for World Bank President post
India Business News: NEW DELHI: India on Thursday extended support to the candidature of Ajay Banga as World Bank President, saying his nomination comes at a time when the.
Fuel sales continue to gallop apace in February
India Business News: Consumption of petrol, diesel and jet fuel continued to gallop apace in February, prompted by early onset of summer and harvesting pushing up demand f
GST revenue jumps 12% in February to Rs 1.49 lakh crore; cess collection highest
India Business News: NEW DELHI: At Rs 1.49 lakh crore, India's goods and services tax (GST) collection for the month of February jumped by 12%, year-on-year. In an officia.
India's manufacturing PMI shows steady growth in February
India Business News: The February PMI data pointed to an improvement in overall operating conditions for the 20th straight month. In PMI parlance, a print above 50 means e
Govt withdraws trading licences of oil tankers, cargo vessels of over 25 years of age
India Business News: The government has withdrawn trading licences of oil tankers, bulk carriers and general cargo vessels that are more than 25 years old, according to a
Return on capital very low, expects tariff hike by mid of 2023: Bharti Airtel chairman
India Business News: The return on capital in the telecom business is very low and a tariff hike is likely to be the mid of this year, Bharti Airtel chairman Sunil Bharti
Parliamentary panel pulls up DoT on internet shutdowns; asks to keep record, assess its impact
India Business News: Expressing concern over frequent internet shutdown without any empirical study, a Parliamentary panel has pulled up the department of telecommunicatio
Govt gets 33.44% stake in Vodafone Idea post equity allocation
India Business News: Debt-ridden telecom operator Vodafone Idea on Tuesday approved the allotment of equity shares worth Rs 16,133 crore to the government, which post-allo
Budget proposes 30% TDS on net winnings in online games, removes threshold for TDS levy
Budget News: NEW DELHI: The government on Wednesday proposed to impose a 30 per cent tax on net winnings from online gaming and also do away with the existing thre.
Reliance Jio launches 5G services in 50 more cities; total number hits 184
India Business News: MUMBAI: Reliance Jio on Tuesday announced the largest launch of its True 5G services across 50 cities in the country. With this, Jio users across 184 .
No plans for entry into telecom sector: Adani group
India Business News: NEW DELHI: Indian conglomerate Adani Group, owned by billionaire Gautam Adani, said on Thursday that it does not have any plans to enter the country's.
Banks not keen to fund Vodafone Idea before capital hike: Report
India Business News: Loss-making Indian telecom operator Vodafone Idea has sought at least Rs 7,000 crore ($846 million) in emergency funds from local banks, which are ho
DoT forms 4 task forces to boost domestic telecom manufacturing, remove hurdles
India Business News: The department of telecom (DoT) has formed four task forces to recommend to the government measures that will boost the domestic telecom manufacturing
Govt examining Supreme Court order on employees' pension scheme: Union minister Rameswar Teli
India Business News: NEW DELHI: The government on Thursday said it is examining a Supreme Court judgement which upheld Employees' Pension (Amendment) Scheme, 2014 and allo.
Telecom subscriber base declines to 117 crore in October 2022 with VIL losing 35 lakh customers: Trai
India Business News: The telecom subscriber base in the country declined by 117 crore in October due to Vodafone Idea losing a large number of mobile customers during the
Equity mutual funds' inflow drops 76% to Rs 2,258 crore in November
India Business News: The net inflow in equity mutual funds plunged 76 per cent to Rs 2,258 crore in November over the preceding month amid a sharp up move in the stock mar