Business

Vijay Mallya and Lalit Modi Exchange Notes on X: “We’ve Been Wronged”

Vijay Mallya and Lalit Modi Exchange Notes on X: “We’ve Been Wronged”

The fugitive billionaires bond over claims of injustice amidst the Enforcement Directorate’s massive recovery from Mallya’s assets. December 19, 2024:…

3 weeks ago

Vijay Mallya Questions Recovery of ₹14,131 Crore, Claims Overpayment Beyond Debt

The fugitive businessman challenges the Enforcement Directorate and banks to justify recovering more than twice the adjudged debt of ₹6,203…

3 weeks ago

Sensex Crashes 1,200 Points, Nifty Under 24,000 Amid Market Turmoil: Key Reasons Behind the Selloff

The Indian stock market continues its losing streak, with investors witnessing ₹13 lakh crore wiped out over four days. December…

3 weeks ago

US Federal Reserve Cuts Interest Rate by 0.25%: Markets React Sharply

Fed Signals Slower Rate Cuts Ahead Amid Inflation Concerns and Economic Optimism December 18, 2024: The US Federal Reserve announced…

3 weeks ago

India’s GDP Growth to Stabilize at 6.5-7%: CRISIL Report

Technical disruptions normalize, economic drivers remain robust with strong consumption and investment trends New Delhi, December 17: India's GDP growth…

4 weeks ago

Centre Rules Out Revision of Coal Royalty Rates

Royalty remains at 14% ad-valorem; increase could hurt competitiveness of domestic coal New Delhi, December 17: The Central government has…

4 weeks ago

India’s Forex Reserves Dip by 2.63%, Not the Steepest Decline in Two Decades: Government Clarifies

Minister of State for Finance points to 2008 global financial crisis as the period with the sharpest decline in forex…

4 weeks ago

India’s FY25 Fiscal Deficit Projected at 4.8% Amid Robust Tax Collections

Strong GST and income tax revenues offset weaker corporate tax performance; capex shortfall raises concerns for infrastructure growth. New Delhi,…

4 weeks ago

Indian Companies See 32% PAT Growth in FY24 Despite Modest Revenue Rise

4,000 listed firms report robust profit growth driven by efficient cost management and moderated employee expenses. New Delhi, December 16:…

4 weeks ago

Narayana Murthy Defends 70-Hour Workweek: “We Must Work Hard to….”

Infosys co-founder Narayana Murthy reiterates his controversial call for a 70-hour workweek, urging young Indians to embrace hard work, compassionate…

4 weeks ago