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  • Economy

    India emerges as world’s 3rd largest civil aviation market

    by IN Bureau February 17, 2023
    by IN Bureau February 17, 2023

    Exactly 112 years ago, the first official “airmail” flight had taken off in India. It was a 10 km flight which flew over Prayagraj. For years, air travel in India …

  • Economy

    Twitter shuts down two of its three offices in India

    by IN Bureau February 17, 2023
    by IN Bureau February 17, 2023

    Twitter Inc. has shut its offices two of its three offices in India and told its staff to work from home as part of the cost-cutting drive in the company …

  • Economy

    Flipkart and Amazon on government’s radar to empower rural women 

    by IN Bureau February 16, 2023
    by IN Bureau February 16, 2023

    The Ministry of Rural Development has signed an agreement with the Meesho group to market products made by rural women under Self Help Group (SHG) schemes in a bid to …

  • Economy

    Pakistanis face prospects of hunger as Sharif bows to IMF, hikes fuel prices

    by Mahua Venkatesh February 16, 2023
    by Mahua Venkatesh February 16, 2023

    Hunger levels in Pakistan will further rise in the coming months. As the Shehbaz Sharif government thrashed out a harsh diktat–raising fuel prices to meet the International Monetary Fund’s (IMF) …

  • Economy

    RBI gives nod to 32 more firms to operate as payment aggregators

    by IN Bureau February 15, 2023
    by IN Bureau February 15, 2023

    The Reserve Bank of India (RBI) has granted in-principle approval to 32 payment aggregators which include Amazon Pay, Google India Digital Services Pvt Ltd, Infibeam Avenues Ltd, Reliance Payment Solutions …

  • Economy

    CBDT notifies new Income-tax Return Forms for this year

    by IN Bureau February 15, 2023
    by IN Bureau February 15, 2023

    The Central Board of Direct Taxes (CBDT) has notified Income-tax Return Forms (ITR Forms) for the Assessment Year 2023-24. These ITR forms will come into effect from 1st April, 2023 and …

  • Economy

    IT authorities accuse BBC of diversion of profits, violating transfer pricing rules

    by IN Bureau February 14, 2023
    by IN Bureau February 14, 2023

    The Income Tax department conducted a survey on the British Broadcasting Corporation (BBC) premises in Delhi for alleged non-compliance with the transfer pricing rules and its vast diversion of profits. …

  • Economy

    Should private investors follow Adani’s lead in developing infrastructure, despite risks?

    by Mahua Venkatesh February 14, 2023
    by Mahua Venkatesh February 14, 2023

    Amid the Hindenburg report accusing Gautam Adani-driven Adani Group of gross manipulation in stock markets, two questions have come in focus: first, will the Adani Group lead to a collapse …

  • Economy

    Adani Enterprises posts Rs 820 crore net profit in Oct-Dec quarter

    by IN Bureau February 14, 2023
    by IN Bureau February 14, 2023

    Mumbai: Adani Enterprises (AEL) on Tuesday announced a net profit of Rs 820 crore for the quarter October-December quarter of the current financial year. The firm had incurred a loss …

  • Economy

    India’s WPI inflation falls to 4.73%, lowest in 23 months

    by IN Bureau February 14, 2023
    by IN Bureau February 14, 2023

    India’s annual inflation rate based on wholesale price index (WPI) fell to 4.73 per cent in January – lowest in 23 months thanks to lower food prices, especially vegetables. Prices …

  • Economy

    Gold worth Rs 10.7 crore seized from smugglers near Siliguri

    by IN Bureau February 13, 2023
    by IN Bureau February 13, 2023

    A team of DRI officials from Siliguri seized 18.66 kg of gold worth Rs 10.66 crore that was smuggled through the India-Bangladesh border and arrested four persons, while they were …

  • Economy

    After Delhi Mumbai Expressway, all eyes are now on Ahmedabad-Dholera project

    by Mahua Venkatesh February 13, 2023
    by Mahua Venkatesh February 13, 2023

    After the inauguration of phase one of the much-awaited Delhi-Mumbai Expressway, all eyes are on the 109 km long Ahmedabad-Dholera Expressway. India’s first high speed multimodal corridor integrating road and …

  • Economy

    Pakistan’s pharma sector takes a big hit amid deepening economic crisis

    by Mahua Venkatesh February 12, 2023
    by Mahua Venkatesh February 12, 2023

    Hit by acute shortage of imported raw materials, rising prices and sliding currency, Pakistan’s pharmaceutical companies have threatened to halt production as Islamabad continues to fire-fight to stay afloat. This …

  • Economy

    After 3 metro lines, EU keen to double its investments in UP

    by IN Bureau February 12, 2023
    by IN Bureau February 12, 2023

    The European Investment Bank (EIB), the lending arm of the European Union, is set to expand its investment in Uttar Pradesh. An EIB delegation headed by its vice president Kris …

  • Economy

    PM Modi to roll out Rs 12,610 crore Rajasthan section of Delhi-Mumbai Expressway today

    by IN Bureau February 12, 2023
    by IN Bureau February 12, 2023

    Prime Minister Narendra Modi will visit Dausa in Rajasthan today to lay the foundation stone and dedicate to nation road development projects worth more than Rs. 18,100 crore, according to …

  • Economy

    UP aiming to be manufacturing hub for e-vehicles, lithium batteries

    by IN Bureau February 11, 2023
    by IN Bureau February 11, 2023

    Uttar Pradesh has taken a leapfrog in the field of electric vehicles. Several cities in the states such as Kanpur, Lucknow, Noida, Ghaziabad, and Meerut are aggressively looking at manufacturing …

  • Economy

    Will India’s focus at G-20 on blue economy help counter climate change, spur equity?

    by Mahua Venkatesh February 11, 2023
    by Mahua Venkatesh February 11, 2023

    India, which currently holds the chair for both G20 and Shanghai Cooperation Organisation SCO, is all set to raise the pitch on conservation of marine and coastal ecosystems especially for …

  • Economy

    Cash starved Pakistan bows to IMF conditions, approves new tax on power

    by IN Bureau February 11, 2023
    by IN Bureau February 11, 2023

    Staring at bankruptcy, Pakistan has finally agreed to the stringent conditions of the International Monetary Fund (IMF) for the much awaited $7 billion loan programme to resume. According to reports, …

  • Economy

    India’s direct tax collection shoots up by 24%

    by IN Bureau February 11, 2023
    by IN Bureau February 11, 2023

    India’s gross direct tax collections up to 10 February, 2023 stand at Rs 15.67 lakh crore — 24.09 per cent higher compared to the corresponding period in the previous financial …

  • Economy

    Air India inks deal to buy 500 new planes

    by IN Bureau February 11, 2023
    by IN Bureau February 11, 2023

    Air India has sealed a jumbo deal for about 500 new planes worth more than $100 billion at list prices, in what could become the single largest order by any …

  • Economy

    Mukesh Ambani, Kumar Birla plan Rs 1 lakh crore investments in UP

    by IN Bureau February 10, 2023
    by IN Bureau February 10, 2023

    Mukesh Ambani, Managing Director, Reliance Industries Limited announced investments of Rs 75,000 crore in the next four years in Uttar Pradesh to facilitate rolling out of 5G mobile services besides …

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