There was an uptick in the sale of cars and SUVs in the domestic market during November with market leader Maruti Suzuki India Ltd, Tata Motors, and Toyota Kirloskar recording an increase in dispatches to dealers during the month. Maruti Suzuki’s total domestic passenger vehicle sales went up to 141,312 units during November this … Read more
The total number of women filing income tax returns in India has shot up by a robust 25.3 per cent in the last four years from 1.83 crore in assessment year (AY) 2019-20 to over 2.29 crore in AY 2023-24, according to figures compiled by the Income Tax Department. This reflects the increasing number … Read more
The stalls put up by underprivileged artisans supported by the Union Ministry of Social Justice and Empowerment proved to be a huge draw among visitors during the IITF-2024 and netted record sales of Rs. 5.85 crore, according to official figures released on Sunday. Participation was witnessed from 18 states and union territories that included Assam, … Read more
The Central government's capital expenditure is expected to increase by a robust 25 per cent in the second half of the financial year 204-2025 compared to the same period of the previous year, according to a report by Jefferies. The report underlined that while populist policies have gained traction in the states, the Centre’s … Read more
Indian market outlook for next week will be guided by major domestic and global economic events such as RBI's interest rate decision, manufacturing and services PMI data, auto sales, US job and PMI data, according to the experts. Last week, the stock market closed in positive territory due to the victory of BJP-led alliance Mahayuti … Read more
Italy is in talks with India to enhance collaboration on port infrastructure and the shipbuilding and yacht manufacturing sectors, Bloomberg News reported on Saturday, citing Industry Minister Adolfo Urso. The talks encompass broader areas, including space exploration, the report added, citing an interview with Urso on the sidelines of an event in Mumbai. Source link
The time is ripe for us to leverage India's geographic location and help make our nation become the centre of the logistics world, Adani Group Chairman, Gautam Adani, said on Saturday. Addressing the 51st India Gem and Jewellery Awards here, Gautam Adani said that in the case of logistics, what started as a port jetty, … Read more
The meeting of the EPFO Central Board of Trustees, chaired by Union Labour and Employment Minister Mansukh Mandaviya, on Saturday approved a Redemption Policy for exchange-traded fund (ETF) investments in CPSE and Bharat 22 to generate higher income for the EPF Scheme's 'Interest Account'. The policy mandates a minimum five-year holding, returns exceeding government … Read more
The city of Mumbai is projected to record over 9,419 property registrations in November, generating more than Rs 826 crore in revenue for the state exchequer, according to a report on Saturday. Revenue collections inched close to the 11,000 crore milestone in November — the fastest growth in a decade — with a 10 per … Read more