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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Centre hikes windfall tax on domestic crude oil
New Delhi: The Central government has hiked windfall tax on domestic crude oil and reduced the tax on export of…
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New Millet Mission to double farmers’ income: Assam CM
Guwahati: With a view to expand and increase millet cultivation in the state, Chief Minister Himanta Biswa Sarma launched ‘Assam…
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I don’t want to be CEO of Twitter or any company: Elon Musk
San Francisco: Elon Musk has said that he does not want to be the CEO of any company, be it…
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Amazon begins firing 10K employees, Alexa & Cloud gaming worst hit
San Francisco: After Meta and Twitter, Amazon has become another Big Tech company to lay off thousands of workers and…
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US fines Air India $1.4 mn for ‘extreme delays’ in giving passengers refunds
New York: The US government has fined Air India $1.4 million for “extreme delays” in refunding passengers $121.5 million for flights…
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PM to virtually inaugurate B’luru Technological Summit-22
Bengaluru: Prime Minister Narendra Modi will virtually inaugurate the silver jubilee edition of the Bengaluru Technological Summit (BTS 22) on Wednesday.…
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WhatsApp India head Abhijit Bose, Meta India public policy director resign
New Delhi: Amid the heightened insecurity and mass layoffs, two top Meta India officials — Abhijit Bose, Head of India, WhatsApp…
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2023 Sovereign credit outlook negative due to effects of high food & energy prices: Moody’s
Chennai: The high food and energy prices will curb economic growth and result in social tensions in 2023 and hence the…
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Delhi residents enjoyed lowest inflation, Telangana people suffered from the highest
Chennai: People living in Delhi enjoyed the lowest year-on-year inflation rate in the country at 2.99 per cent in October while…
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PM to discuss issues of global concerns at G20 summit in Bali
New Delhi: Prime Minister Narendra Modi on Monday said that he will have bilateral discussions with G20 leaders during the upcoming…
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Crypto.com mistakenly sends Ethereum worth $400 mn to another exchange
San Francisco: Crypto.com has admitted that it mistakenly sent over $400 million in Ethereum digital coins to another crypto exchange called…
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Markets likely to make new lifetime highs this week
Markets had a topsy-turvy time in the four trading sessions during the last week. While at the end of Thursday,…
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Vistara announces non-stop flights between Mumbai & Muscat
New Delhi: Vistara on Saturday announced non-stop flights between Mumbai and Muscat, the capital of Oman, starting from December 12. Vistara…
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PM to dedicate fertilizer plant in Telangana today
New Delhi: Prime Minister Narendra Modi is set to inaugurate on Saturday the fertilizer plant at Ramagundam in Telangana that…
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As Yellen seeks closer US-India economic ties, India dropped from currency monitoring list
New York: The US has removed India from its currency manipulation monitoring list and made the announcement while Treasury Secretary Janet…
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Direct tax collections rise 31% to Rs 10.54 lakh crore
New Delhi: Direct tax collections, up to November 10, stood at Rs 10.54 lakh crore, 30.69 per cent higher than the…
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Markets opened on a positive note
Mumbai: Indian stock markets opened on a high note on Friday morning. The Sensex of the BSE opened at 61,311.02…
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Musk puts Twitter at risk of ‘billions in fines’ as more top execs quit
San Francisco: Elon Musk has put Twitter at risk of billions of dollars in fines, a company lawyer has warned,…
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Vistara increases flights to Frankfurt, Paris
New Delhi: Starting from Thursday, Vistara has increased frequencies to Frankfurt and Paris, with six new weekly flights between Delhi and…
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India, China converging to high income levels: Moody’s
Chennai: Of a select group of 27 middle-income sovereigns that Moody’s rates globally, 13, including India and China, are clearly…