CBDT exempts NCCL settlement fund from tax
New Delhi: The Central Board of Direct Taxes (CBDT) has granted income-tax exemption to the Core Settlement Guarantee Fund (CSGF) maintained by National Commodity Clearing…
Indian transformer makers shrug off re-entry of China; Capacity ramp-up and strong demand offset competition
Indian transformer makers are undaunted by the lifting of restrictions on Chinese companies bidding for transmission projects, as their order books are robust and capacity…
Govt seeks proposals for coal gasification projects under Rs 37,500-cr incentive scheme
New Delhi: The government has sought proposals for setting up coal and lignite gasification projects across the country under its Rs 37,500-crore incentive scheme, an…
Centre approves procurement of copra, Totapuri mangoes from Tamil Nadu farmers
New Delhi: The Centre on Wednesday approved the procurement of copra and Totapuri mangoes from farmers in Tamil Nadu, a move aimed at shielding growers…
Jeff Bezos’ Blue Origin seeks first outside funding at $130 billion valuation: Report
Jeff Bezos’ Blue Origin is looking to tap outside investors for the first time, aiming to raise $10 billion in a funding round that would…
IMF lowers India’s FY27 growth outlook, retains status as fastest-growing economy
The International Monetary Fund (IMF) on Wednesday marginally lowered India’s FY27 growth forecast to 6.4% from 6.5% projected in April, while highlighting that India remains…
E-mobility startup Milo Drive secures $2.4 million from Caret Capital, Antler India, IAN Capital
Bengaluru-based electric mobility startup Milo Drive has raised $2.4 million in a seed round led by Caret Capital, with participation from Antler India, Alteria Capital,…
Savings Rate of 35% vs 20%: Why Investing More Can Beat Chasing Higher Returns
Returns are at the center of most investment discussions. Investors compare mutual funds, stocks, gold, fixed deposits, and bonds”>bonds to understand where they can earn…
Deeptech startup Enlife bags Rs 6 crore to develop AI blood test for Alzheimer’s
Bengaluru-based Enlife Research is building what it hopes will be a simple blood test capable of detecting Alzheimer’s up to 15 years in advance. The…
IMF sees India among fastest-growing major economies despite trimming FY27 GDP growth projection to 6.4%
India remains among the fastest growing major economies, despite a marginal downgrade to its near-term growth outlook, the International Monetary Fund (IMF) said in its…