The rising trend of Indian students studying abroad and the declining number of foreign students in India have contributed to a significant $6 billion deficit in the country's current account balance
UnitedHealth currently estimated the total 2024 impact from the hack to be between $1.90 to $2.05 per share. It had previously projected a hit of $1.15 to $1.35 per share
Chandipura virus in Gujarat: Health Minister Rushikesh Patel said on Tuesday that the samples of 12 patients have been sent to Pune's National Institute of Virology for confirmation
India now accounts for about 7% of Temasek's net portfolio value of S$389 billion ($289 billion), up from 4% in 2020, Shrivastav said.
Srinagar (Jammu and Kashmir) [India], July 16: The Confederation of Indian Industry (CII) Regional Council Members consisting of 44 CEOs from top companies of the Northern Region successfully concluded a two-day visit to Srinagar with local CII members, government officials and other Industry members from Kashmir. A half-day session of CII Northern Regional Council was held at Hotel Radisson Collection during which Ms Manisha Saxena, Director General, Ministry of Tourism, Government of India, emphasized... Читать дальше...
The move follows Chinese regulators' scrutiny of PwC this year for its role as the auditor of troubled property giant China Evergrande Group, which, in turn, triggered the exit of some clients
The top 10 list has three films each with Telugu, Hindi, and Malayalam as their original language, and one Hollywood film
Ahmedabad (Gujarat) [India], July 16: Magma, a one-stop B2B manufacturing solutions provider, proudly announces its significant milestone of surpassing Rs. 300 Crore run rate. The company is on track to reach an impressive Rs. 500 Crore run rate by the end of this fiscal year.
The rise in passenger traffic comes during major holiday months when people travel during the summer season in India
The system uses IMD data from Colaba, Santacruz, Marine Lines, and over 60 automatic weather and rainfall stations across Mumbai and nearby areas
Bondada Engineering announced that its board has approved the sub-division of existing 1 equity share of the company having a face value of Rs 10 each, into 5 equity shares having a face value of Rs 2 each, subject to shareholder's approval.
Power solutions technology provider Cummins India on Tuesday launched its first IT Global Competency Centre (GCC) here to drive innovation across global operations through specialised talent and technical capabilities. Set up at the company's India office campus in Pune's Balewadi area, the facility will house software engineers, product owners, architects, technology leads and process experts to drive innovation impacting the automobile, engineering research and development (ER&D), manufacturing and energy sectors, Cummins India said. Читать дальше...
The old regime provides deductions and exemptions and the new one has lower tax rates but fewer deductions
The standard deduction is available as a flat deduction from the total salary earned by the employee in a particular financial year. It does not depend on the number of jobs changed by the employee
The rupee consolidated in a narrow range and settled for the day 3 paise higher at 83.58 (provisional) against the US dollar on Tuesday, on firm domestic markets and sustained inflow of foreign capital. The benchmark S&P BSE Sensex hit an intraday high of 80,898 before closing up 52 points at 80,717. The broader NSE Nifty index closed up 26 points at 24,613 after reaching a high of 24,661 early in the day. Decline in crude oil prices also supported the counter although a strong US dollar overseas capped sharp gains. Читать дальше...
Realtors' body NAREDCO on Tuesday suggested that the tax exemption on interest on self-occupied property loans should be increased to Rs 5 lakh in the upcoming budget from Rs 2 lakh currently to boost housing demand amid a rise in housing prices and mortgage rates. Builders also sought some tax incentives to boost demand and supply of affordable homes. NAREDCO noted that under Section 24 of the Income Tax Act, the deduction allowed on interest on loans for self-occupied property is limited to Rs 2 lakh. Читать дальше...
As per the Bollywood Hungama, the trailer of Rajkummar Rao and Shraddha Kapoor's movie, Stree 2, will be released on July 18. The film is a sequel of 'Stree' with the same lead roles back in 2018
At least eight soldiers of the Pakistan Army and 10 terrorists were killed when a group of 10 terrorists attacked a major military cantonment in the restive Khyber Pakhtunkhwa province, the army said on Tuesday. All 10 terrorists who launched the daring attack were also eliminated after they attempted to enter the Bannu Cantonment on Monday, with security forces effectively thwarting the move, the statement said. The terrorists' failed attempt forced them to ram an explosive-laden vehicle into the perimeter wall of the cantonment... Читать дальше...
Bharat Agri Fert & Realty Ltd expects Rs 800 crore revenue from its new housing project in Mumbai Metropolitan Region (MMR). In a statement on Tuesday, the company said it has launched a high-rise tower, Wembley-24 in Majiwada, Thane comprising 457 residential flats. "The Majiwada project is projected to generate total realisations of approximately Rs 800 crore over the next four years on a pro-rata basis, with the project's cost estimated at approximately Rs 300 crore, as the land is owned by the company," it said. Читать дальше...
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Pearl Global Industries surged 9.47% to Rs 832 after HDFC Mutual Fund acquired about 1.6% stake in the company through block deals on Monday, 15 July 2024.
As per provisional closing, the barometer index, the S&P BSE Sensex, rose 51.69 points or 0.06% to 80,716.55. The Nifty 50 index added 26.30 points or 0.11% to 24,613.
The government is likely to lower fiscal deficit to 4.9-5 per cent of the GDP for this financial year in the upcoming Budget aided by revenue buoyancy. The government had pegged the fiscal deficit estimate at 5.1 per cent for the current fiscal year when it presented the interim Budget in February. "The union government is likely to set a fiscal deficit target at 4.9-5 per cent, lower than projected 5.1 per cent of GDP, without compromising the capital expenditure target of Rs 11.1 lakh crore," ICRA Chief Economist Aditi Nayar told PTI. Читать дальше...