The equalisation levy, introduced in 2016 and expanded in 2020, was aimed at taxing large foreign digital companies– such as Google and Meta– that generate substantial revenue from Indian users…
Indian IT giant Infosys has reportedly fired hundreds of its employees who were onboarded in October 2023.
Among those laid off are mostly trainees and campus recruits, reported Times of India, citing…
The Indian government is reconsidering its financial aid to the Maldives after the island nation decided to implement a free trade agreement with China this month, The Economic Times reported.
The…
The Enforcement Directorate (ED) is stepping up its investigation into whether Amazon and Flipkart’s relationships with vendors breached India’s Foreign Direct Investment (FDI) norms.
Previously, the…
Apple may soon ramp up its iPhone production in India, with potential plans to double output if the United States enforces higher tariffs on Chinese imports. According to a recent report, this could…
People in India love travelling and it has once again been proved with the latest data by the Reserve Bank of India (RBI) which has shown that Indians have spent $3.2 billion in August 2024, of which…
Banks in India can soon settle transactions in the US dollars, euros and pound sterling with the Real Time Gross Settlement System (RTGS). The Reserve Bank of India (RBI) Governor Shaktikanta Das has…
Ahead of Swiggy’s IPO expected later this year, a host of celebrities have sought the food delivery and quick-commerce platform’s shares.
In a recent round of unlisted market trades, a host of high…
India’s top executives and senior managers at leading companies saw their wealth surge by more than Rs 10,300 crore as of August 30, thanks to the success of employee stock options (Esops), Economic…
An inter-ministerial panel in India has approved five to six investment proposals in the electronics manufacturing sector, including some from Chinese companies and others with connections to…
The Directorate General of Goods and Services Tax Intelligence (DGGI) has issued show-cause notices to ten foreign airlines operating in India. The airlines include British Airways, Lufthansa, Oman…
The Directorate General of Goods and Services Tax Intelligence (DGGI) has issued show-cause notices to ten foreign airlines operating in India. The airlines include British Airways, Lufthansa, Oman…
Low-alcohol drinks such as beer, wine, and liqueurs may soon be delivered by online delivery platforms like Swiggy, Zomato, and BigBasket, according to a report from The Economic Times.
According to…
Bangladesh Prime Minister Sheikh Hasina on Saturday received a ceremonial welcome at the Rashtrapati Bhavan in New Delhi during her official visit to India. Prime Minister Narendra Modi received the…
A whopping 4,300 millionaires are expected to leave India by this year, revealed a report by international investment migration advisory firm Henley & Partners.
As per the Henley Private Wealth…
On Thursday, Bihar Police apprehended four individuals linked to the NEET question paper leak scandal.
The Economic Times reports that the suspects include candidates Anurag Yadav, Nitish Kumar, Amit…
Ola Electric is planning to sack around 400-500 of its employees in the coming weeks, for a rather unusual reason, if some sources aware of the matter are to be believed.
According to a report by…
Terming the last 10 years as India’s decade and century, Prime Minister Narendra Modi said that the country has arrived on the global stage across sectors.
“Whether it is space or solar energy, sports…
“India and Israel are natural partners,” External Affairs Minister S Jaishankar said as he described how foreign policy under the Modi-led BJP government changed in the last 10 years.
In an interview…
India’s economy is in the “fast lane” and if productivity growth as well as living standards continue to be around 6 per cent level each year, it will soon catch up with developed nations.
According…
Air India has sold off four of its last remaining Boeing 747-400 jumbo jetliners, aircrafts that were once used to ferry prime ministers, presidents, vice presidents.
The going of Boeing 747, that had…