Online customer satisfaction survey from April 8-May 5: DMRC

NEW DELHI: The Delhi Metro Rail Corporation (DMRC) on Sunday said the Transport Strategy Centre (TSC), London, which manages the COMET benchmarking group, is conducting the 11th edition of Online Customer Satisfaction Survey from April 8 (Monday) to May 5 (Sunday). “The main objective of the survey is to know what the commuters think about […]

‘Vegetable prices especially potato and onion pose upside risk to food inflation’

NEW DELHI: BoB Essential Commodity Index (BoB ECI) has increased at the fastest pace since August 2023 by 5.9 per cent in March 2024, on YoY basis and by 0.4 per cent, on a sequential basis, says Dipanwita Mazumdar, Economist, Bank of Baroda. On a seasonally adjusted basis, the increase is sharper at 0.8 per […]

Average salary increment in India likely to be 8–11% this fiscal: Report

New Delhi: The average corporate salary increment in India is expected to be somewhere in the range of 8 to 11per cent across levels this year, a talent company said. As per Randstad India, professionals with a work experience of up to 5 years, are likely to outshine seniors with the highest increment in the […]

Vodafone Idea to raise Rs 2,075 crore from promoter Aditya Birla group

New Delhi: Coming as a relief for the debt-ridden Vodafone Idea, the company’s board has approved raising of Rs 2,075 crore from promoter Aditya Birla group and increasing its authorised share capital to Rs 1 lakh crore. In this regard, the company will seek shareholders’ approval at an extraordinary general meeting on May 8 on […]

India aims to attract $100 bn a year in FDI as it woos China hedgers

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 […]

Zee to slash workforce by 15% in overhaul

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 […]

Income Tax Dept throws open e-portal for filing ITRs

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, […]

RBI retains GDP growth projection at 7 pc for FY25

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, […]

Thieves steal $30 million from Los Angeles vault

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 […]

Stock market climbs to record high ahead of RBI MPC meet

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 […]

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