Business
Munsif Daily delivers the latest headlines on business-related stories across India and the globe. Find in-depth information on the world’s economy, financing, stock market, initial public offerings (IPO), the banking sector, and the financial sector of India.
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New capital gains tax rules to come into effect from April 1
New Delhi: With financial year 2023-24 just round the corner, certain changes would be effected in the capital gains tax rules.…
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Finance Bill passed in LS amid Oppn protest
New Delhi: The Lok Sabha on Friday passed the Finance Bill 2023 without any discussion through voice vote, amid protests by…
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Finance bill proposes hike in securities transaction tax on options & futures trading
New Delhi: The Finance Bill 2023-24 which was passed in Lok Sabha through voice vote on Friday, has as many as…
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Hindenburg report wipes out $526 mn from Jack Dorsey’s worth
San Francisco: Former Twitter co-founder and CEO Jack Dorsey was left poorer by $526 million after short-seller Hindenburg Research revealed that…
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Oppo mobiles Maharashtra manager nabbed for Rs 19cr GST fraud
Thane: The CGST Bhiwandi, Thane unit has arrested an Accounts and Finance Manager of Oppo Mobiles India Pvt. Ltd. for alleged…
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Railways lowers fare of AC-3 tier economy ticket
New Delhi: The railways ministry has issued an order to reduce the price of AC-3 tier economy class ticket with effect…
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RBI directs all banks to keep branches open till March 31 for annual closing
New Delhi: With the annual closing of accounts scheduled for March 31 as the financial year 2022-23 is ending, the Reserve…
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India emerged stronger from pandemic years, says RBI report
New Delhi: Even as global growth is set to slow down or even enter a recession in 2023, as global financial…
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At 55.9%, IndiGo led market share in Feb; airlines received 359 complaints
New Delhi: While IndiGo flew ahead of the other airlines in February with 55.9 per cent share in the domestic aviation…
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Fear of financial crisis keeps investors away from stock markets
Chennai: Both Indian stock exchanges – the BSE and the NSE – went down on Monday owing to the fear of…
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Amazon deepens tech gloom as 503 firms lay off 1.5 lakh employees
New Delhi: As Amazon deepened the tech gloom with firing another 9,000 employees (it previously sacked 18,000), over 500 companies have…
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Reliance Jio’s True 5G now available in over 406 cities
New Delhi: Reliance Jio on Tuesday said that its True 5G services have gone live in 406 cities, thus becoming the…
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Gold prices set to go up: Experts
Chennai: Gold prices will go up further if the US Federal Reserve hike the interest rates by 25 basis points (bps)…
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Amazon deepens tech gloom as 503 firms lay off 1.5 lakh employees
New Delhi: As Amazon deepened the tech gloom with firing another 9,000 employees (it previously sacked 18,000), over 500 companies have…
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Apple’s foldable iPhone may protect itself from drops
San Francisco: Tech giant Apple is reportedly working on a new technology that will enable iPhones and iPads with flexible screens…
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Swiggy announces new initiative with 0% commission for new restaurant partners
New Delhi: Online delivery platform Swiggy on Friday announced the “Swiggy Launchpad” initiative with a 0 per cent commission for the…
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Bottled water industry can undermine progress towards safe water for all: UN
New Delhi: The rapidly-growing bottled water industry can undermine progress towards a key sustainable development goal: Safe water for all, says…
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Wipro lays off 120 employees in US due to ‘realignment of business needs’
San Francisco: IT major Wipro has laid off at least 120 employees in the state of Florida, the US, due to…
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Japan egg prices surge amid record 16 million bird flu cullings
Tokyo: Egg prices are soaring in Japan as the current avian flu season sees a record 16 million birds marked for…
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Lemon prices soar to Rs 200 per kg
Noida: With the onset of summer, the price of lemon has hiked to Rs 200 per kg. The wholesale rate of…