This is the lowest that the BCI has ever fallen in the history of 113 rounds of the NCAER Business Expectations Survey.
The case has been registered against entities such as the Halal India Private Limited Chennai, Jamiat Ulama-i-Hind Halal Trust Delhi, Halal Council of India Mumbai, Jamiat Ulama Maharashtra and others for allegedly exploiting religious sentiments to boost sales by providing halal certificates to customers of a specific religion, the UP government said in a statement on Saturday.
The life insurance industry reported a 25.28 per cent decline in new business premium income in November 2023 to Rs 26,494.83 crore from Rs 34,588.8 crore recorded a year ago. The fall in group premium and change in taxation norms for policies with a higher ticket size dragged the premiums of the state-run Life Insurance Corporation of India (LIC) and private insurers, respectively. According to the data released by the Life Insurance Council, the premium of private insurers slipped 9.33 per cent Y-o-Y to Rs 10,360.29 crore from Rs 11,426.73 crore as a result of a change in product mix due to the measures taken to counter the impact of tax imposed on the premiums of Rs 5 lakh.
Mahindra & Mahindra chairman emeritus Keshub Mahindra passed away this morning in Mumbai due to old age. Mahindra, 99, breathed his last this morning at home peacefully, said a person close to the family. After joining the company in 1947, he became the chairman in 1963.
'To the believers of crypto regulations, I have only one question to ask, how will you regulate it?'
'Byju's financials only reflect the core business. At a group level, they are experiencing substantial losses.'
As we celebrate women achievers who are excelling in their careers, here are incredible tales of hard work and perseverance to inspire you this week.
Online sports platform Mobile Premier League has laid off around 350 people or about half of India team to cut down on expenses and bear the burden of increased GST of 28 per cent, according to an internal company email. The GST Council has decided to levy a 28 per cent GST on online gaming and casinos on the face value of bets at the entry level. The Centre will bring amendments to the Central GST law in the ongoing monsoon session of Parliament, following which states will pass the amendments in their respective assemblies to pave the way for the introduction of changes in the law by October 1.
Finding enough shows to air, creating content that gets people to pay and watch and wooing advertisers back into the fold are going to be the biggest challenges the M&E industry faces.
The Russian and Indian officials would be soon meeting again to discuss the final delivery schedule of the remaining two missile squadrons, sources said.
He is survived by two sons, Rajiv Bajaj and Sanjiv Bajaj, and a daughter Sunaina Kejriwal.
Regulators must learn from past mistakes and act swiftly to prevent Big Tech from monopolising the AI ecosystem, argue Payal Malik and Nikita Jain.
Patricia Hewitt, chair, UK India Business Council and former UK minister, spoke on a number of government initiatives and investment sentiments.
'We crossed Rs 1.7 trillion in three months this financial year.'
Prominent among the wish list include updating India-US bilateral tax treaty, emanation of double taxation on software revenue, 15 year tax holiday for software technology parks and special economic zones.
Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."
Rediff.com's Delhi correspondent, who was present at the venue of Thursday's Union Cabinet meeting at PM's residence, reports how Kamal Nath and Sharad Pawar stole the thunder at the crucial meeting.
'Subjecting each such creative content to scrutiny will impose burdens on the OTT platforms and impact user experience.'
Sudhakar Badgujar, the leader in question, denied the allegations while speaking at a news conference in Nashik.
Describing the state visit of Prime Minister Narendra Modi to America as a "watershed moment" in bilateral ties, US Ambassador to India Eric Garcetti has said that this week will be one of those moments that can change the course of history as the two democracies get together for peace and prosperity.
Keen to capitalise on the growing geopolitical support from African nations after the recently concluded G20 Summit, India is working with the African Union to hold the fourth India-Africa Forum Summit later this year in Kenya's Nairobi, sources said. Prime Minister Narendra Modi is expected to attend the mega meet along with as many as 50 African leaders, they added. First held in New Delhi in 2008, the India-Africa Forum Summit marked India's initial diplomatic efforts to seek a comprehensive partnership with the African bloc of nations as a whole, at a time when China had begun its own outreach.
Jaitley said the GST Composition Scheme, under which small traders and businesses pay a 1 per cent tax based on turnover, can be availed by businesses with a turnover of Rs 1.5 crore, against the earlier Rs 1 crore, with effect from April 1.
Butt was suspended for five years for his role in spot-fixing during the Pakistan and England Test match in August, 2010.
'Das is friendly, but he finally does what he does. The quality of engagement is very good.'
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The disclosure by Chhagan Bhujbal that he resigned as a minister last November has put a focus on the Maratha quota tightrope the Eknath Shinde-led government is walking amid restlessness in OBCs, with Shiv Sena-Uddhav Balasaheb Thackeray claiming Bhujbal and the Bharatiya Janata Party are hand in glove.
Lower-paid IPL players, domestic or foreign, should be able to try their luck in other T20 tournaments.
The last meeting of the 2+2 was held in New Delhi and the next meeting is to be hosted by the US in Washington, DC.
'We have never before seen an Indian prime minister's visit to the United States so heavily business-oriented and so packed with meetings with the US business community.' Aziz Haniffa/Rediff.com reports from Washington, DC.
'If the central government does not give rights to the people of Ladakh, then it won't be good for our country.'
The government has decided to hold off introducing the production-linked incentive (PLI) scheme for additional sectors until it verifies the efficacy of existing initiatives. Top government officials have received mixed feedback on the scheme, including insights from the Economic Advisory Council to the Prime Minister, people aware of the matter said. "There are no new PLI schemes in the offing.
A group of Maratha reservation activists torched the first floor of the Majalgaon Municipal Council building and vandalised it in Maharashtra's Beed district, soon after setting on fire the residence of local NCP MLA Prakash Solanke on Monday, the police said.
Trade between China and ASEAN nations is expected to touch $ 300 billion this year, registering a 37.5 per cent increase on the back of a Free Trade Agreement (FTA) between the two sides, said the executive secretary general of China-ASEAN Business Council.
The business would also not be allowed to claim any un-availed input tax credit for "goods lost" or "destroyed".
Ten British students from various universities have begun their work experience with Indian companies on winning the UK-India Business Council Scholarship scheme 2009. The 10 students have secured paid work experience with a range of companies based in India from banks to social enterprises. The scholarship offers an opportunity to gain work experience in an emerging market and adds to their attractiveness as a potential employee.
In a serious data breach, personally identifiable information of 815 million Indians has been up on the dark web for sale, according to a report by US-based cybersecurity firm Resecurity. Details such as Aadhaar and passport information along with names, phone numbers and addresses are available for sale online, it has said.
Party's chief spokesperson K C Tyagi said Kumar has agreed to take over the mantle from Lalan Singh.
The way video is being watched and monetised is changing. This is the first thing that stands out as the penetration of smart TVs continues to rise.
'Considering Pai is putting his own personal money in Byju's, stakeholders in the company can look forward to more governance and transparency.'
Loan against gold as a product is catching on fast. Let's keep the momentum going, but aim for sustainable growth. A few bad apples should not ruin the brunch, argues Tamal Bandyopadhyay.
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