Business

RBI governor Shaktikanta Das: Rate cut now is very risky

Das has repeatedly said the RBI wants to see inflation settling around the 4% target level on a durable basis before considering...

Eruditus bags $150 million funding at $3.1 billion valuation

MUMBAI: Edtech startup Eruditus has raised a fresh $150 million in funding led by TPG even as the collapse of India’s...

Looking to beat fixed deposit returns? Here’s what investors can consider instead of FDs

A portfolio of AAA-rated NBFCs and HFCs could potentially provide a return of around 8%. (Image source: Freepik) What type of investment...

Salaried employees take note! Reduce TDS from salary with new Form 12BAA released by CBDT – details here

The new form will enable employees to provide information about TCS and TDS from other sources. (AI image) TDS for salaried employees:...

Apple’s two company-owned stores score big: Year 1 revenue @ Rs 600 crore

NEW DELHI: Call it the growing love of Indians for luxury, but Apple has reaped a bumper harvest on the trend...

New IRCTC train ticket reservation rules! Indian Railways changes advance booking rules – check here

The new train ticket booking rule by Indian Railways will come into effect from November 1, 2024. New Indian Railways train ticket...

Noel Tata set to be appointed to board of Tata Sons

MUMBAI: Noel Tata, chairman of Tata Trusts, which holds an approximately 66% stake in Tata Sons, is set to be appointed...

Musk says ready to launch internet services in India, thanks Govt for clarifying stand on satcom spectrum

NEW DELHI: Maverick American billionaire Elon Musk thanked the govt for clarifying that satcom spectrum will be allotted only administratively –...

DA Hike: Dearness allowance hiked! Diwali comes early for central government employees as Cabinet approves 3% DA hike | India Business News

DA for central government employees is determined using the most recent Consumer Price Index for Industrial Workers. DA hike for central government...

Hyundai Motor India’s mega Rs 27,870 crore IPO hits 18% subscriptions on first day

The initial public offering of Hyundai Motor India Ltd, the Indian subsidiary of South Korean automaker Hyundai, saw an 18 percent...

Tata Steel’s TV Narendran elected chairman of worldsteel; becomes second Indian to head global body

Tata Steel Ltd CEO and MD TV Narendran (Pic credit: PTI) NEW DELHI: The World Steel Association (worldsteel), a global organisation, announced...

SpiceJet off DGCA enhanced surveillance list but random checks to continue to ‘ensure safety’

SpiceJet (Picture credit: IANS) NEW DELHI: Following recent fund infusion that is expected to stabilise SpiceJet, the airline will no longer operate...

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