New Delhi: As the government focuses on GST 2.0 which further eases tax laws, enhance tax simplification and adoption of technology, the ministerial panel tasked to rationalise rates is deliberating on lowering GST on essential items like health insurance and tractors up to 5 per cent. As tractor segment volumes saw marginal growth (year-on-year) in […]
Prime Minister Narendra Modi speaks at the 3rd Kautilya Economic Conclave. Amid big global uncertainty, we are here discussing ‘The Indian Era’, it shows that today the trust in India is of different level, says Prime Minister Narendra Modi. Prime Minister Narendra Modi on Friday said the trust in India today is of a different […]
The payment clearances come after SpiceJet recently raised Rs 3,000 crore through qualified institutional placement (QIP). This comes after Spicejet recently cleared salary arrears and GST dues. After clearing salary arrears and GST dues, budget carrier Spicejet on Friday deposited 10 months’ worth of provident fund (PF) dues. “Spicejet is pleased to announce that within […]
New Delhi: GPF interest rate 2024: The Ministry of Finance has announced the interest rate on General Provident Fund (GPF) and other funds for October-December quarter will be kept unchanged at 7.1 percent. “It is announced for general information that during the year 2024-2025, accumulations at the credit of subscribers to the General Provident Fund […]
The government will prioritise and increase investment in major projects at this month’s Budget, Chancellor Rachel Reeves has said. In addition, she announced a nearly £22bn investment in two major new carbon capture schemes over 25 years. She criticised plans she inherited from the previous government to cut investment as a share of the economy, […]
India will join Germany, France, Sweden, and China as the fifth nation worldwide to operate hydrogen-powered trains. (AI image for representative purpose) India’s first hydrogen train on tracks soon? Indian Railways has engaged Germany’s TUV-SUD to conduct a third-party safety audit for the country’s first hydrogen train. Officials familiar with the plan anticipate trial runs […]
2025 Ford Expedition Platinum Ultimate Ford DETROIT — Ford Motor is increasing the refinement and technology of its large Expedition SUV as part of a vehicle redesign to better compete with growing competition. The new three-row SUV features a smoother interior and exterior design, increased comfort and convenience features such as a 24-inch driver display, […]
Blackstone plans to raise more than $10 billion in its third Asia private equity fund as the firm ramps up deployment in Japan and India, people familiar with the matter said.The New York-based money manager started marketing the fund in mid-September and plans to have a first closing in January, the people said, asking not […]
Weeks ahead of the festival of lights Diwali, the Narendra Modi government has announced bonuses for Indian Railways employees. The Union Cabinet today approved payment of a Productivity Linked Bonus (PLB) of 78 days for Rs 2028.57 crore to 11,72,240 railway employees in recognition of the excellent performance by the Railway staff. “The amount will […]
The price of oil has jumped 5% after US President Joe Biden said the US was discussing possible strikes by Israel on Iran’s oil industry. Asked on a visit if he would support Israel striking Iran’s oil facilities, Biden said: “We’re discussing that.” Iran is the seventh largest oil producer in the world, exporting around […]
