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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Gland Pharma to invest Rs 400 cr in Hyderabad’s Genome Valley
Hyderabad: Gland Pharma on Monday announced that it will invest over Rs 400 crore in Hyderabad’s Genome Valley to add…
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UAE-India Business Council launched to boost bilateral trade
Dubai: Marking the first anniversary of India-UAE Comprehensive Economic Partnership Agreement (CEPA), the top business houses of India and UAE came…
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Entire Rs 16,982 cr GST compensation cess to states to be cleared: FM
New Delhi: Finance Minister Nirmala Sitharaman said on Saturday that the entire GST compensation cess for June 2022 totalling Rs 16,982…
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SpiceJet flight returns to Mumbai airport after ‘cabin pressurisation alert’
New Delhi: A SpiceJet flight flying from Mumbai to Kandla returned to the Mumbai airport on Saturday due to a ‘cabin…
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Tur dal prices to go up as production constraints pull down supplies
Ahmedabad: The Tur daal (lentil or toor) market is extremely tight due to insufficient supply; imported daal will arrive soon but…
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HP Inc to lay off 100 employees in Israel
Jerusalem: PC and printer major HP Inc is laying off 100 employees and most of the job cuts will be in…
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Qatar lifts ban on frozen seafood from India
Kochi: Qatar has lifted its temporary ban on the import of frozen seafood from India, paving the way for enhanced…
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Amazon asks employees to return to office three days a week
San Francisco: Amazon CEO Andy Jassy has asked employees to return to office, starting with three days per week from…
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Sitharaman slams KCR for calling $5 trillion economy a joke
Hyderabad: Union Finance Minister Nirmala Sitharaman on Thursday slammed Telangana Chief Minister K. Chandrasekhar Rao for calling the Centre’s target of…
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Pakistan economist urges resumption of trade with India
Islamabad: Pakistan political economist Pervez Tahir has called for revival of trade with India to decrease people’s woes, local media reported.…
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Air India places big order to buy 250 aircraft from Airbus
New Delhi: With a view to expand its fleet size and operation, the Tata group will buy 250 aircraft from Airbus…
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71% Indian professionals confident to retain jobs in 2023 despite global layoffs
New Delhi: About seven in 10 (71 per cent) professionals in India are confident about keeping their jobs in 2023 despite…
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Direct Tax Collections (FY 2022-23) records growth at Rs 15.67 lakh cr
New Delhi: The provisional figures of Direct Tax collections up to February 10, continue to register steady growth. Direct Tax…
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Regulators are experts in their domain, says FM on Adani row
New Delhi: Finance Minister Nirmala Sitharaman on Saturday said that regulators in India are quite experienced and experts in their…
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Electric 2-wheelers grew 300% in India in 2022: Report
New Delhi: The automotive electric 2-wheelers (E2W) market grew by more than 300 per cent (year-on-year) in CY2022, a report…
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RBI’s 25 bps rate hike to increase home loan EMI
Chennai: The 25 basis points (bps) hike in the repo rate by the Reserve Bank of India (RBI) will result in…
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Infosys shows exit doors to freshers in B’luru
Bengaluru: After corporate giant Wipro showed the exit door to hundreds of freshers who failed to pass the tests, it is…
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E-commerce giant eBay to lay off 500 employees
San Francisco: E-commerce giant eBay has announced to lay off around 500 workers, about 4 per cent of its staff globally,…
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Calcutta HC rejects plea for fast-track hearing on Adani Group’s power project
Kolkata: A division bench of the Calcutta High Court on Tuesday dismissed a plea for a fast-track basis hearing of the…
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From savings to spending: What new IT rules tell us about govt’s intentions
Chennai: The government is moving India away from a saving economy — the old Income Tax (IT) regime loaded with tax…