[ad_1] The Finance Ministry has notified October 1 as the date for implementation of the amended GST law provisions for taxing e-gaming, casinos and horse racing. […]
Govt increases windfall tax on petroleum crude, cuts levy on diesel, ATF
[ad_1] The Indian government increased windfall tax on petroleum crude, while reduced it on aviation turbine fuel and diesel, according to a government notification on Friday. […]
Anil Agarwal’s Vedanta to split biz into 6 companies to unlock value
[ad_1] Anil Agarwal-promoted Vedanta Ltd on Friday announced its board had approved a pure-play, asset-owner business model that would ultimately result in six separate listed firms. The […]
Govt hikes interest rate on 5-year recurring deposit scheme to 6.7%
[ad_1] The government has increased the interest rate on the five-year recurring deposit scheme by 20 basis points to 6.7 per cent for the October-December quarter of […]
Key infra sector growth rises to 14-month high of 12.1% in August
[ad_1] The growth of eight key infrastructure sectors rose to a 14-month high of 12.1 per cent in August 2023 against 4.2 per cent a year ago, […]
President Droupadi Murmu gives assent to Women’s Reservation Bill
[ad_1] Droupadi Murmu (Photo: PTI) President Droupadi Murmu has given her assent to the women’s reservation bill which seeks to provide 33 per cent reservation to women […]
S&P Global Ratings downgrades Vedanta Resources, puts it on credit watch
[ad_1] S&P Global Ratings downgraded the rating of Vedanta Resources, parent of India’s Vedanta Ltd, to “CCC” from “B-” on Friday and placed it on credit watch […]
Vedanta to spin off, list six businesses to attract big-ticket investment
[ad_1] Photographer: Kanishka Sonthalia/Bloomberg Indian metals-to-oils conglomerate Vedanta Ltd said on Friday it plans to spin off and list six of its companies to attract big-ticket investment […]
FTSE Russell bond index not to include India, wk after JPMorgan’s inclusion
[ad_1] The rupee was trading slightly higher at 83.1000 to the U.S. dollar, after closing at 83.1850 on Thursday, while the benchmark 7.18 per cent 2033 bond yield […]
Sony India says merger with Zee Ent likely delayed, to take few more months
[ad_1] The merger to create a $10 billion media and entertainment powerhouse, which was announced in 2021, won a key approval in August. Japan’s Sony Group Corp […]