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Business

GST collection in July surges 28 pc to Rs 1.49 L cr

New Delhi: On the back of higher compliance and economic recovery, the gross Goods and Services Tax (GST) collection in the month of July 2022 rose 28 percent year-on-year to Rs 1,48,995 crore."The gross GST revenue collected in...

Quantum Energy enters into electric two-wheeler segment

Hyderabad: Hyderabad-based Quantum Energy on Monday announced it has entered into the electric two-wheeler segment by launching four new high-speed electric vehicles.Showcasing its upcoming EV high-speed scooters, the company signed a Memorandum of Understanding (MoU) with MBI Korea to...

US economic shrinks again

Washington: The US economy has shrunk again in the last three months, media reports said on Thursday.The US Commerce Department on Thursday announced that gross domestic product (GDP) has decreased at an annual rate of 0.9 per cent in...

Axis AMC partners with Tishman Speyer to develop Commercial Real Estate

Mumbai: Axis Asset Management Company Limited (Axis AMC), has entered into a strategic partnership with Tishman Speyer, a leading international developer, owner, and operator of world-class real estate. The platform intends to invest in early-stage or greenfield commercial real...

IndusInd Bank India’s Best Bank for ESG at Asiamoney Best Bank Awards 2022

Kolkata: IndusInd Bank on Wednesday announced that it has been adjudged ‘India's Best Bank for ESG 2022’ in the recently concluded Asiamoney awards.The award recognizes the bank's exceptional achievement in implementing environmental, social, and governance (ESG) principles.Asia Money...

Aditya Birla Health Insurance sets new Guinness World Records title

Mumbai: Aditya Birla Health Insurance Company Ltd (ABHICL) has set a new Guinness World Records title for the 'Largest online video album of people jumping in the air with 5,455 videos.ABHICL has achieved this record during its annual...

FICCI downgrades India GDP growth to 7pc for FY23

New Delhi: Amid continuing geopolitical uncertainties and apprehensions of some of the major economies slipping into recession, industry body FICCI on Thursday projected the Indian economy to grow at 7 percent in the financial year 2022-23.“Growth forecast has...

Govt cuts windfall tax on crude, auto fuels and ATF

New Delhi: Nearly three weeks after slapping duty on domestic crude oil producers to take away part of their windfall gains, the Centre has cut additional excise duty on domestic crude to Rs 17,000 per tonne in the...

Home Credit India launches inaugural Sustainability Country Card

Mumbai: Home Credit India (HCIN), a local arm of the international consumer finance provider on Wednesday launched its inaugural Sustainability Country Card, codifying ESG principles into the business.The document sets out key sustainability pillars such as Financial Inclusion or...

Federal Bank launches online tax payment service

Mumbai: Federal Bank has launched its new online tax payment service in partnership with the Central Board of Direct Taxes.The company said, "On the back of strong Q1 results for FY-23, Federal Bank partners with the Central Board of...

Latest News

Manipur King calls for return of ‘lost territory’, Congress counters with historical facts

Imphal: Manipur’s Titular King, Maharaja Sanajaoba Leishemba, has urged the Indian government to explore the possibility of reclaiming Kabaw...