New Delhi: India aims to attract at least $100 billion a year in gross foreign direct investment, a top official said, as the South Asian nation courts investors looking to diversify away from China. “Our target is that we will average at least $100 billion over the next five years. The trend is very positive […]
Mumbai: Zee Entertainment will lay off an estimated 15% of its workforce as MD and CEO Punit Goenka proposes a leaner and more streamlined management structure. The company aims to reduce costs and achieve the targeted objectives of 8-10% revenue growth and 18-20% Ebitda margins by FY26. The layoffs are expected to affect approximately 500 […]
New Delhi: Central Board of Direct Taxes (CBDT) has said that it has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year 2023-24) from 1st April, 2024 onwards. The ITR-1, ITR-2 and ITR-4, commonly used by taxpayers are available on the e-filing portal from 1st April, […]
Mumbai: The RBI on Friday retained the GDP growth projection at 7 per cent for 2024-25 fiscal on the back of expectations of a normal monsoon, moderating inflationary pressures, and sustained momentum in manufacturing and services sector. The headwinds from protracted geopolitical tensions and increasing disruptions in trade routes, however, pose risks to the outlook, […]
LOS ANGELES: Police and the Federal Bureau of Investigation (FBI) are investigating the theft of as much as $30 million from a money storage facility in Los Angeles, according to local media. Law enforcement sources told local KABC television station that the burglary happened at a GardaWorld facility in Sylmar, a suburban neighbourhood in the […]
New Delhi: Ahead of the RBI MPC meeting on Friday, the stock market climbed to a record high and closed in the green in a volatile session on Thursday. At the close, the Sensex ended 350.81 points, or 0.47% higher at 74,227.63 while the Nifty 80 points or 0.36% at 22,514.70. The top Nifty gainers […]
Kolkata: The Union Power Ministry has constituted an independent Thermal Project Monitoring Group (TPMG) for the monitoring and execution of thermal power projects that are under implementation. Headed by the Central Electricity Authority’s (CEA) Member (Thermal), the group comprises the CEA chief engineer or above level official and six retired senior officials of CEA/NTPC/DVC. Two […]
New Delhi: The first batch of Indian workers have gone to Israel in the midst of the ongoing Israel-Hamas war as part of a mobility agreement India has signed with the Jewish nation, the government confirmed on Thursday. ”The Mobility Agreement predates the conflict. We are conscious of their (Indian workers) safety and have urged […]
New Delhi: Artificial Intelligence-powered and internet-connected smart appliances would contribute 70 per cent to India sales of Samsung, a top official of the leading appliances and consumer electronics goods maker said. Encouraged by the rising adoption of AI-powered devices in India, the company is adding more AI-powered products to its portfolio of appliances such as […]
Bengaluru: Meta has introduced two new features in the latest version of WhatsApp beta, allowing users to lock chats on companion smartphones and make private mentions when posting a story. First reported by WABetainfo, these features are now available on WhatsApp beta version 2.24.8.4, enabling users to better protect their chats on all connected devices. […]