New Delhi: First, the good news. Finance minister Nirmala Sitharaman announced in the interim budget on Thursday that the government would focus on developing new tourist destinations in India, boosting domestic tourism, and promoting spiritual tourism. Now, the bad news. The tourism ministry has set aside a mere ₹3 crore for overseas promotion of India…
If you have invested in cryptocurrencies in the financial year 2023-2024, then the chances are that you earned significant profits in the year gone by. Most top crypto currencies reported noticeable jump in their prices in the past few months. Bitcoin rose nearly 108 percent in the past one year, while ether rose nearly 80…
A stock broker reacts to the fluctuating share prices on the Bombay Stock Exchange in Mumbai. File photo | Photo Credit: The Hindu Benchmark equity indices climbed in early trade on Thursday, June 20, 2024 but faced highly volatile trends and were soon trading flat amid the lack of any immediate market moving triggers. The…
Income tax relief for the middle class to boost consumption, a rethink of the mandatory 45-day payment deadline for micro and small enterprises, restructuring of GST rates, measures to promote exports and simplify IT imports, were some of the ideas presented by industry leaders to Finance Minister Nirmala Sitharaman in pre-Budget consultations held on Thursday….
Quick commerce platforms Bigbasket, Blinkit, SwiggyInstamart, and Zeptoare offering to deliver gold and silver coins in 10 minutes on the occasion of Akshaya Tritiya. Unicorn startup Zepto has partnered with Nek Jewellery, while Swiggy Instamart has partnered with Malabar Gold & Diamonds and Muthoot Exim (Muthoot Pappachan Group) to allow customers to purchase gold and…
Shares of Allied Blenders and Distillers made a decent listing on Tuesday by gaining a little over 13 per cent. As against the IPO price of ₹281, the stock listed at ₹318.10 on the BSE and hit a high of ₹324.40 and a low of ₹306.70, before settling at ₹317.85, up 13.11 per cent over the…
New Delhi: Inclusive development and the National Democratic Alliance’s (NDA) growth agenda for the future have emerged as the central theme of finance minister Nirmala Sitharaman’s interim budget for FY25. Social justice and inclusive growth will be an effective and necessary governance model for the NDA government, Sitharaman said in her speech, calling it secularism…
Bajaj Allianz Life introduced the Bajaj Allianz Life Nifty Alpha 50 Index Fund, which will be accessible to customers who currently own or plan to purchase unit-linked insurance products (ULIPs). For those unfamiliar, this is a market-linked index fund designed to replicate the performance of the Nifty Alpha 50 index. This index comprises 50 large-cap…
The rupee plunged 17 paise to settle at over two-month low level of 83.61 (provisional) against the U.S. dollar on Thursday amid surging crude oil prices. | Photo Credit: REUTERS The rupee plunged 17 paise to settle at over two-month low level of 83.61 (provisional) against the U.S. dollar on Thursday amid surging crude oil…
The coal stock held by coal companies witnessed a surge by June 30, reaching 95.02 MT. File | Photo Credit: G.N. Rao The country’s coal production rose by 14.49% to 84.63 million tonne (MT) in June. The country’s coal output was 73.92 MT in June last fiscal, according to provisional figures of the government. In…
