Country Financial News
23.07 / 06:21
23.07 / 05:59
UPS
Provident
Pride
country
controversy
BharatPe's ex-co-founder Ashneer Grover proudly announces wife's impressive tax contributions amid ongoing controversy
Ashneer Grover, the ousted co-founder of BharatPe, proudly revealed that his wife, Madhuri Jain Grover, stands as one of the highest female taxpayers in the country. This financial year, she contributed a substantial amount of Rs 2.84 crores in advance tax, sourced from her successful investments in startups. This isn't the first time Ashneer Grover has expressed pride in his wife's tax-paying prowess.
23.07 / 05:59
Target
country
Latin
Kia India eyes 10 pc sales growth this calendar year
Kia India expects its sales to grow by 8-10 per cent this year as compared with 2022 on the back of improved chip supplies and introduction of the updated Seltos in the market, according to a senior company official. The South Korean carmaker, which sells models like Carens, Sonet and Seltos in the Indian market, sold a total of 3.4 lakh units in the domestic and export markets last year. «So last year our domestic sales were about 2.54 lakh units while exports stood at around 80,000 units.
23.07 / 05:45
Provident
show
country
social
debate
Indian
Viral video sparks debate over halal-certified tea served on Indian Railways
The video shows the passenger questioning the railway staff about the nature of halal-certified tea and its relevance during the auspicious month of sawan. The staff calmly explained that the tea was, in any case, vegetarian. The passenger, not fully understanding the concept of halal certification, sought an explanation and requested swastik certification instead.
23.07 / 05:45
show
country
Power
Consumption
Power consumption grows marginally by 1.8 pc to 407.76 bn units in Apr-Jun quarter
Power consumption grew marginally by 1.8 per cent year-on-year to 407.76 billion units in the April-June quarter, mainly due to unseasonal rains, the Biparjoy cyclone and heavy Monsoon downpours, according to the government data. The Central Electricity Authority (CEA) data showed that the power consumption was 400.44 billion units (BU) in the April-June quarter in 2022 and recorded a growth of 17.6 per cent compared to 340.37 BU in the same period of 2021. The peak power demand rose to 223.23 GW in April-June 2023 from 215.88 GW in the same period in 2022.
23.07 / 05:45
COST
Citi
Provident
Waters
Manufacturing
country
Manufacturers of scientific instruments in Haryana's Ambala hit by recent floods, losses estimated at Rs 300 crore
Haryana's Ambala has been severely affected by recent floods, with manufacturers staring at losses running into crores of rupees. According to various traders' associations, the scientific instruments manufacturing units suffered an estimated loss worth more than Rs 300 crore. Most of these units supply the instruments to educational and technical institutes, while some are meant for export.
23.07 / 05:45
UPS
Citi
Sony
Lexus
country
Lexus set to foray into used car biz; roll out first EV in India by 2025
Lexus from next year is looking to foray into the used car business in India, having now completed six years in the market, according to a top company official. The Japanese carmaker, which currently sells its product range through 23 touch points, aims to transition some of the sales outlets to also cater to the pre-owned car vertical. Known for its self-charging hybrid cars, Lexus is now gearing up to roll out its first electric model in the country by 2025. In an interaction with PTI, Lexus India President Naveen Soni said the automaker is now seriously considering the introduction of a structured pre-owned car programme. He noted that the company will initiate the programme in select outlets after taking into account the business viability of the dealer partner. «So I think very soon, by the third quarter or maybe next year beginning, I should say,» he stated when asked about the timeframe the company was looking to get into the used car segment.
23.07 / 05:45
UPS
Digital
Action
Continental
country
voice
Overwhelming response to PM's proposal of making African Union permanent member of G20: Amitabh Kant
Narendra Modi's proposal to make the African Union a permanent member of the G20 has received overwhelming response from the grouping, India's G20 Sherpa Amitabh Kant has said. In an interview to PTI, the top negotiator noted that India was «very hopeful» of the African continental body finding a permanent position in the G20 during New Delhi's presidency of the grouping. Last month, Modi wrote to the leaders of the world's 20 largest economies pitching for giving the African Union full membership of the grouping at its upcoming summit in New Delhi in September.
23.07 / 05:05
Provident
Digital
Manufacturing
Google
Mobile
Software
country
Popular AI growth stocks to add to watchlist
TCS, and Google are actively involved in this space, showcasing the potential for significant returns on investments. So, with this in mind, we highlight 5 popular AI growth stocks to add to your watchlist. #1 HCL Technologies At the top of our list, we have HCL Technologies.
23.07 / 04:33
Twitter
FIVE
Citizens
LinkedIn
country
audience
Flipkart employee's Twitter rant sparks outrage over taxation woes and online gaming taxes
income tax return filing season, a disgruntled Flipkart employee took to Twitter to express his frustration with the burden of taxes on both his earnings and expenditures. Sanchit Goyal, a category manager at an e-tailer in Bengaluru, shared a tweet revealing that over 50 percent of his income goes towards taxes. Goyal's tweet gained immense traction, garnering more than 5 lakh views, as it struck a chord with numerous Twitter users.
23.07 / 04:33
Target
Assurant
Highways
film
Indus
country
social
raid
Pakistan: Hundreds of gunmen raid village in Sindh, abduct women
Sukkur in Sindh, kidnapped two women and a child, and killed at least two men. This is only the latest in a long line of atrocities committed against the people of Sindh in Pakistan, The Express Tribune reported. The Express Tribune saw the assailants, who were apparently carrying modern weaponry, riding motorcycles past the Sangi police station and heading into the village of Nirch in broad daylight.
23.07 / 02:27
show
country
Pakistan: Over 8 lakh jobseekers left the country in 2022
Pakistan in 2020. They were 5121. According to experts, during 2020-21, the number of outgoing Pakistanis for jobs was the lowest due to global restrictions on travelling.
23.07 / 02:27
Booking
Platform
country
social
Manipur Violence: Two women gang-raped and murdered on day of viral video case
violence-hit Manipur on the same day a viral video of two naked women being paraded by dozen men in the northeast state has surfaced on social media platforms, according to media reports. The reports stated that the victims belonged to the Kangpokpi area of Manipur and they used to work at a car wash facility in Imphal. On May 4, the women were allegedly abducted, gang-raped, and murdered at their workplace. The mother of one of the victims filed a complaint on May 5 at the Saikul Police Station, but police registered an FIR on May 16.
23.07 / 01:27
COST
UPS
Lowe's
Action
country
G20 energy meet concludes without joint communique
G20 Energy Transition Ministerial Meeting ended without any joint communique because of differences over the Russia-Ukraine war and the pace of acceleration in renewable energy deployment to achieve climate goals. Common ground was, however, reached on zero and low-carbon hydrogen. A chair summary was issued instead of the communique at the end of the two-day ministerial.
23.07 / 01:27
UPS
Citi
Provident
FIVE
country
Uttarakhand CM Dhami inaugurates, lays foundation stone for 24 development projects in Kashipur
Uttarakhand Chief Minister Pushkar Singh Dhami inaugurated and laid the foundation stone of 24 different development projects worth Rs 28.63 crore in Kashipur on Saturday. The Chief Minister symbolically handed over the keys of houses to five beneficiaries by inaugurating beneficiary-based 335 newly constructed houses of Pradhan Mantri Awas Yojana Urban. The Chief Minister handed over the first instalment amount and house allotment letters to five people, under the amount given as the first instalment to 1061 beneficiaries under this scheme.
23.07 / 01:19
MET
Citizens
Parke
BAY
country
Courts
China courts Myanmar as junta chief plans September visit to Beijing
China is courting Myanmar, a neighbour critical to India’s Act East Policy with the junta Chief Gen Min Aung Hlaing expected to visit Beijing in September, a visit that will be closely watched in New Delhi. This will be the General’s first trip to Beijing since the February 2021 coup that brought him to power. While China has been pushing various infrastructure projects in Myanmar for access to the Bay of Bengal region, it has so far been hesitant to host the General.
23.07 / 01:19
Provident
Amazon
Mobile
band
country
exclusive
Auction vs Allocation: War escalates between companies over satcom spectrum
Satellite companies such as Jeff Bezos-led Amazon, Bharti Group-backed OneWeb, Elon Musk’s Starlink, Canada’s Telesat and US-based Hughes want allotment via the administrative route as is the global practice. But Mukesh Ambani-owned Reliance Jio and Vodafone Idea say airwaves should be auctioned to ensure a competitive landscape.
23.07 / 01:05
Provident
country
Pakistan economic crisis: Punjab govt to purchase worth ₹2.3 billion of new vehicles for its officials
₹2.3 billion for the purchase of new luxury vehicles. According to the notification issued on July 20, the assistant commissioner of each tehsil will be provided with a new double cabin 4x4 Revo-G M/T, additional deputy commissioners (general) of each district will be provided new Yaris ATIV 1.3L while additional commissioners of each division will be provided Corolla 1.6 Altis CVT.
22.07 / 20:57
love
country
star
audience
concert
song
controversy
‘Try That in a Small Town’: Jason Aldean addresses controversy over song at Cincinnati concert. See what he said
Jason Aldean, the renowned country star, candidly responded to the controversy surrounding his song «Try That in a Small Town» and its music video during his Ohio concert at the Riverbend Music Center in Cincinnati on Friday (July 21). Amidst his Highway Desperado Tour performance, the 46-year-old artist took a moment to reflect on the recent backlash the track received, with some critics deeming the lyrics and imagery as racist and anti-protest.
22.07 / 18:33
country
boost
Fin Min asks officials to expedite infrastructure work along B'desh borders to boost connectivity, trade
Sitharaman on Saturday asked the officials to expedite the ongoing work of under construction projects and infrastructures along India-Bangladesh borders to further boost the connectivity and trades. On the second day of her two-day Tripura visit, the Finance Minister on Saturday visited the Srimantapur Integrated Check Post (ICP) and the land port station in Sonamura under Sepahijala district.
22.07 / 18:33
UPS
Provident
Target
FIVE
country
cover
Ukraine wants ships to keep exporting its grain despite Russian attacks
Black Sea dangerous for shipping. Even the US said ships are at risk of being targeted. There is still interest from ship owners in carrying Ukrainian grain through the Black Sea — if they can mitigate the risk, according to a major shipping group. And that's a big if. Despite the warnings and port attacks, which have levelled grain infrastructure, “shipping has always been very, very resilient in the face of these sorts of risks,” said John Stawpert, senior manager of environment and trade for the International Chamber of Shipping, which represents 80 per cent of the world's commercial fleet. This week's strikes came after Russia pulled out of a wartime accord that the UN and Turkey brokered last year to provide safeguards for shipping companies in a bid to end a global food crisis. Ukraine — which, along with Russia, is a major supplier of wheat, barley and vegetable oil to developing nations — shipped 32.9 million metric tons of grain to the world and supplied 80 per cent of the World Food Program's wheat for humanitarian aid so far this year.
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