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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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…
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FM did well to steer clear of poll-bound populism
The Union Budget 2023-24 was presented on February 1 in the Parliament under very tough times, not only for India,…
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Budget doubles funds for Indian knowledge system; thrust on regional languages
New Delhi: Special provisions have been introduced in the Union Budget 2023-24 to promote indigenous languages and Indian Knowledge System (IKS)…
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Twitter to charge $1,000 per month from businesses for their gold badges
New Delhi: Twitter has told businesses to pay $1,000 per month for retaining gold badges and brands and organisations which do…
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Centre bans over 200 Chinese apps
New Delhi: Following constant complaints against Chinese loan and betting apps, the Ministry of Electronics and Information Technology (MeitY) has started…
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Dearness allowance likely to be hiked by 4%
New Delhi: The government is likely to raise the dearness allowance (DA) for employees and pensioners by 4 per cent, according…
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Adani Group PIL Demands Supreme Court Investigation into Hindenburg Report: Alleges Criminal Conspiracy
A public interest litigation (PIL) has been filed in the Supreme Court of India, seeking an investigation into the Hindenburg…
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Indian aviation industry suffers over Rs 24,000 cr loss in 2020-22
New Delhi: India’s aviation industry suffered a loss of over Rs 24,000 crore in the last two financial years during 2020-22.…
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To discourage cheap imports from China, Customs duty on imitation jewellery hiked to 25%
New Delhi: Aiming to discourage cheap imports from China and encourage domestic manufacturing, Customs duty on imitation jewellery has been enhanced…
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Samsung Galaxy S23 Series starts from Rs 74,999 in India
New Delhi: Samsung on Thursday announced the launch of its Galaxy S23 series at a starting price of Rs 74,999 in…
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No great sheen for gold in budget
Chennai: While the Centre has given a digital boost for the gold sector, in terms of tax relief there is…
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Budget cuts MGNREGA allocation by 30% to Rs 61,032 crore for 2023-24
New Delhi: The government has slashed the budgetary allocation for rural job guarantee scheme, the Mahatma Gandhi National Rural Employment…
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Budget Boost to MSMEs: Rs 9,000 crore for revamped Credit Guarantee Scheme
New Delhi: Giving significant boost to MSMEs, the Union Budget 2023-24 has proposed to continue the financial sector reforms and…