Business

Chinese food delivery industry faces downturn, workers’ earnings drop by 1,000 yuan

China's food delivery industry is experiencing a downturn after significant growth during the Covid-19 pandemic. Delivery workers' earnings have dropped by...

Senior citizen health cover, term insurance likely to be GST-free

NEW DELHI: A group of state finance ministers is veering towards GST exemption on term insurance plans, while also considering removal...

UCO Bank plans to raise Rs 2,000 crore via QIP in Q3

NEW DELHI, State-owned UCO Bank on Saturday said it is planning to raise up to Rs 2,000 crore through share sale...

‘RBI not police’: Governor Shaktikanta Das on action against financial market

Reserve Bank of India governor Shaktikanta Das on Friday said that the central bank doesn't act as a policeman but keeps...

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 –...

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