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Category: Business

Business News and Updates

Proposed Capital Gains Tax In US Could Drive Up FII Investments In Indian market
Business

Proposed Capital Gains Tax In US Could Drive Up FII Investments In Indian market

February 25, 2021February 25, 20212 min read

The proposed US capital gains tax will drive in more FII inflows into India as well as other emerging markets, analysts predicted on Wednesday. Notably,

Air Passenger Traffic Within Touching Distance Of Pre-COVID Numbers: Civil Aviation Minister
Business

Air Passenger Traffic Within Touching Distance Of Pre-COVID Numbers: Civil Aviation Minister

February 21, 2021February 21, 20211 min read

Civil Aviation Minister Hardeep Singh Puri on Saturday (20 February) said that the country’s air passenger traffic is “within touching distance of pre-Covid numbers”. In

Govt Likely To Push For Merger Of 12 And 18 Per Cent Slabs In GST Council Meeting In March
Business

Govt Likely To Push For Merger Of 12 And 18 Per Cent Slabs In GST Council Meeting In March

February 19, 2021February 19, 20212 min read

In what would be a major overhaul and simplification of the goods and services tax (GST) regime, the government is likely to push for a

PSU Disinvestment: Government May Bring Down Number Of PSUs From 300 To Around Two Dozen
Business

PSU Disinvestment: Government May Bring Down Number Of PSUs From 300 To Around Two Dozen

February 8, 2021February 8, 20212 min read

Central government’s new policy to privatize non-strategic public sector enterprises will reduce the number of active PSUs from over 300 to only two dozen under

Should India Buy Bitcoin?
Business

Should India Buy Bitcoin?

February 5, 2021February 5, 20213 min read

Here’s a little known fact: the big four accounting firms (PwC, EY, KPMG, and Deloitte) now use Bitcoin and Ethereum as a gold standard of

RBI Keeps Repo Rate Unchanged At 4 Per Cent
Business

RBI Keeps Repo Rate Unchanged At 4 Per Cent

February 5, 2021February 5, 20212 min read

Adopting a wait and watch approach, the Reserve Bank of India (RBI) retained its key short-term lending rates along with the growth-oriented accommodative stance during

Sensex Breaches 50K Mark For The First Time, Nifty Soars To Record High On Budget Expectations
Business

Sensex Breaches 50K Mark For The First Time, Nifty Soars To Record High On Budget Expectations

January 21, 2021January 21, 20211 min read

Day after Joe Biden’s inauguration as US President, the BSE Sensex on Thursday (21 January) opened above the 50,000-mark in a landmark development as it

Reliance To Integrate JioMart Into WhatsApp To Tap Into Its 400 Million User Base
Business

Reliance To Integrate JioMart Into WhatsApp To Tap Into Its 400 Million User Base

January 18, 2021January 18, 20212 min read

Reliance Retail Limited plans to integrate its e-commerce app JioMart into WhatsApp within six months, reports LiveMint. The move will help Reliance Retail to grow,

Tesla Drives Into India: Elon Musk Led Tesla Registers Firm In Bengaluru
Business

Tesla Drives Into India: Elon Musk Led Tesla Registers Firm In Bengaluru

January 13, 2021January 13, 20212 min read

Elon Musk-led US electric vehicles major Tesla has registered a company in Karnataka’s Bengaluru, weeks after Union Minister for Road Transport and Highways Nitin Gadkari

India’s Market Cap Touches Record High And Surges Past $2.5 Trillion Milestone
Business

India’s Market Cap Touches Record High And Surges Past $2.5 Trillion Milestone

January 4, 2021January 4, 20211 min read

In a positive development for the Indian economy, the market capitalisation of the Indian stock markets has surged past record $2.5 trillion, making the India

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