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About 55 million might opt for new tax regime, says revenue department
Business

About 55 million might opt for new tax regime, says revenue department

Posted on: August 20, 2023

[ad_1] Around 55 million income taxpayers may have opted for the new tax regime for the ongoing financial year, according to revenue department’s preliminary estimates. Most […]

Adani to invest Rs 2,000 cr to build 2 transmission lines in Mumbai city
Business

Adani to invest Rs 2,000 cr to build 2 transmission lines in Mumbai city

Posted on: August 20, 2023

[ad_1] Adani Electricity Mumbai is investing over Rs 2,000 crore to build two new transmissions lines in the city to strengthen its network as it moves closer […]

Volume & margins grow as inflation moderates, small players make comeback
Business

Volume & margins grow as inflation moderates, small players make comeback

Posted on: August 20, 2023

[ad_1] The FMCG industry witnessed growth in volume and expansion in gross margins in the June quarter aided by moderation in inflation which also boosted small players […]

Centre approves release of Rs 200 cr to rain-battered Himachal Pradesh
Business

Centre approves release of Rs 200 cr to rain-battered Himachal Pradesh

Posted on: August 20, 2023

[ad_1] The Centre on Sunday approved the release of Rs 200 crore from the National Disaster Response Fund as advance assistance to Himachal Pradesh to help the […]

M-cap of seven of 10 firms declines by Rs 80,200 cr; TCS biggest laggard
Business

M-cap of seven of 10 firms declines by Rs 80,200 cr; TCS biggest laggard

Posted on: August 20, 2023

[ad_1] The combined market valuation of seven of the top 10 valued firms declined by Rs 80,200.24 crore last week amid a weak trend in equities, with […]

ONGC Videsh secures 3-yr extension for Vietnam oil block in South China Sea
Business

ONGC Videsh secures 3-yr extension for Vietnam oil block in South China Sea

Posted on: August 20, 2023

[ad_1] India’s flagship overseas firm ONGC Videsh Ltd (OVL) has secured another three-year extension to explore oil and gas in a Vietnamese block in the contested waters […]

Vegetable prices likely to cool down next month, says FinMin official
Business

Vegetable prices likely to cool down next month, says FinMin official

Posted on: August 20, 2023

[ad_1] The government expects vegetable prices to start cooling off from next month with the advent of new crops in the market, but rising crude oil prices […]

With margins back to pre-Covid level, Hero Moto targets enhanced mkt share
Business

With margins back to pre-Covid level, Hero Moto targets enhanced mkt share

Posted on: August 20, 2023

[ad_1] With its margins back to pre-Covid levels, Hero MotoCorp is now looking at sustainable growth, enhancing market share across segments on the back of new product […]

Trends, trading activity of foreign investors to guide markets: Analysts
Business

Trends, trading activity of foreign investors to guide markets: Analysts

Posted on: August 20, 2023

[ad_1] With the first quarter earnings season coming to an end, the domestic equity markets would be driven by global trends and trading activity of foreign investors […]

As winter looms, global diesel market is already pricing in a scarcity
Business

As winter looms, global diesel market is already pricing in a scarcity

Posted on: August 20, 2023

[ad_1] By Elizabeth Low, Jack Wittels and Chunzi Xu At any other time in history, the current state of the global diesel market would have sent […]

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