Category: Business
Adani Enterprises calls off FPO, to return money to investors
India’s Adani Enterprises has called off its $2.5 billion share sale due to prevailing market conditions, the company said on Wednesday, days after a rout…
Google worker fired while on ‘mental health leave’ finds positivity in hardship
Layoffs at tech giant Google – said to be the ‘largest’ in its history – coupled with those at several other major IT services firms,…
Will the Union Budget manage the fisc?
The headline numbers are impressive, to say the least. The budget promises a 50 basis point – one basis point is one hundredth of a…
New tax regime better if deduction, exemption less than ₹3.75 lakh: Official
As taxpayers are now divided between the old and new tax regime after finance minister Nirmala Sitharaman made a slew of announcements on personal tax…
Budget 2023: Govt proposes to cut customs duty on goods to 13% from 21%
The Government on Wednesday proposed to reduce the basic customs duty rates on goods, other than textiles and agriculture, to 13 per cent from 21…
Budget 2023: New tax regime to be default; who will benefit from it?
Union Finance Minister Nirmala Sitharaman announced that the new tax regime will become the default tax regime, while the old will remain an option. Tabling…
What Nirmala Sitharaman’s Budget 2023 offers to Gen Z?
Union finance minister Nirmala Sitharaman unveiled a pre-election Budget 2023 that cut personal income taxes to boost consumption while ramping up infrastructure spending to spur…
Adani’s shares plummet over $80 billion as Hindenburg report woes continue
The crisis of confidence plaguing Gautam Adani is deepening, with the stock rout triggered by Hindenburg Research’s fraud allegations erasing a third of the market…
‘Fulfils dreams of…’: PM Modi hails FM Sitharaman’s ‘Amrit Kaal’ budget
Prime Minister Narendra Modi on Wednesday lauded the Union Budget 2023 which was presented by finance minister Nirmala Sitharaman in Parliament. “First budget of Amrit…
Adani loses Asia’s richest person title as stock routs after Hindenburg report
India’s Gautam Adani lost his title of Asia’s richest person on Wednesday as a rout in his conglomerate’s stocks deepened to $74 billion after a…