Business
-
6th-gen Samsung Galaxy foldables now available in India
New Delhi: South Korean giant Samsung on Wednesday announced the sale of its sixth-generation foldable smartphones along with other new devices for consumers in India. Galaxy Z Fold6, Galaxy Z Flip6 and…
-
Adani Green begins wind generation from Khavda renewable energy plant
Ahmedabad: Adani Green Energy Limited (AGEL) on Wednesday said it has operationalised the first 250 MW wind capacity at the world’s largest 30,000 MW (30 GW) renewable energy plant at Khavda, Gujarat.…
-
Union Budget: Indian startup ecosystem hails angel tax abolition
New Delhi: The Indian startup ecosystem on Tuesday hailed the Union Budget 2024 for abolishing angel tax — the tax imposed on funds raised by startups from angel investors — for all…
-
Tesla’s profit tanks 45 pc in Q2, Musk plans to reveal robotaxi in October
San Francisco: Elon Musk-run Tesla has reported $1.5 billion in profit for the April-June period (Q2) this year, down 45 per cent from the same period in 2023. Total revenue was up…
-
Govt cuts import duty on mobile phones, components: Experts
New Delhi: iPhone maker Apple is believed to be the biggest beneficiary of a 5 per cent reduction in import duty on mobile phones and the move could lead to savings of…
-
Rupee falls 3 paise to close at 83.69 against US dollar post-budget
Mumbai: The rupee declined 3 paise to 83.69 against the US dollar on Tuesday after the government raised tax rates on capital gains in the FY25 Budget. Besides, a weak tone in…
-
FDI rules will be simplified, says Sitharaman in Budget speech
New Delhi: Seeking to attract more funds into the country, Finance Minister Nirmala Sitharaman on Tuesday said rules for Foreign Direct Investment (FDI) will be simplified. Presenting the Union Budget 2024-25, the…
-
Govt to abolish angel tax on investments in startups
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced abolishing angel tax for all classes of investors in startups. In her Budget speech, she also announced various changes with respect to tax…
-
Markets climb in early deals ahead of Budget presentation; Sensex climbs 264 points
Mumbai: Stock markets climbed in early trade on Tuesday, with the Sensex climbing over 264 points, ahead of the Union Budget presentation later in the day as investors’ sentiment turned buoyant amid…
-
Sensex trades flat ahead of Union Budget
Mumbai: India equity indices were trading flat on Tuesday ahead of Finance Minister Nirmala Sitharaman’s budget presentation at 11 a.m. in Parliament. At 9:55 a.m., Sensex was up 35 points or 0.04…
-
Number of LPG consumers in India surge by 125% in last 10 years
New Delhi: The LPG infrastructure in India, over the last decade from 2014 to 2024, has surged with the bottling capacity shooting up by close to 70 per cent while the number…
-
Economic Survey pitches for more FDI from China
New Delhi: Amidst strained ties with China, the pre-budget Economic Survey on Monday made a strong case for seeking foreign direct investments (FDI) from Beijing to boost local manufacturing and tap the…