Top news of the week: Israel-Hamas war, Adani Groups, Bihar train accident and more
Read more. Adani Group has released a media statement condemning the ‘Malicious Campaign’ by UK-based newspaper Financial Times, claiming that the media outlet has been rehashing old and baseless allegations to hamper the global reputation of the conglomerate. Read more.
Sixteen-year-old Indian girl Pranjali Awasthi, the owner of artificial intelligence (AI) startup Delv.AI has successfully secured a funding of around ₹3.7 crore. Read more. The National Sample Survey Office (NSSO) data Monday reported a decline in India’s unemployment rate in urban areas to 6.6% during April-June 2023 against 7.6% a year ago period.
Read more. Insurance behemoth, the Life Insurance Corporation of India (LIC), has lost market share of around 58.50% for the year till September 2023, data released by the Life Insurance Council showed. This is down 975 bps from the 68.25% registered in September 2022.
Read more. Mukesh Ambani has reclaimed the title of the richest Indian, surpassing Gautam Adani, as per Hurun India Rich List 2023. During this period, Mukesh Ambani's wealth has surged from ₹165,100 crore in 2014 to nearly ₹808,700 crore, marking an impressive four-fold increase.
Read more. India's direct tax collections rose 21.82% year-on-year (YoY) at ₹9.57 lakh crore in the current fiscal (2023-24) till October 9, 2023, according to the Central Board of Direct Taxes (CBDT). The direct tax collections - net of refunds, is 52.50 per cent of the total budget estimates of direct taxes for FY24.
Read more. Tech giants Google and Apple are under the radar of the Competition Commission of India (CCI) for alleged unfair business practices, the anti-trust regulator's chairperson Ravneet Kaur said on October 10. Read more.
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