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Sunday, April 28, 2024
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Economy

Reliance Communications to go for insolvency as it fails to repay debt

Lenders have received zero proceeds in more than 18 months from the proposed asset monetisation plans of the company, said a statement.

How to pay zero tax on income of upto Rs 10 lakh, thanks to Piyush Goyal’s budget

After today’s interim budget announcement, a person earning upto Rs 10 lakh can pay zero income tax with smart financial management.

Fashion, lifestyle and electronic items expected to vanish from Amazon & Flipkart

As the Narendra Modi government's new guidelines for foreign e-commerce players kick in, Amazon and Flipkart regulars have a lot to prepare for.

Piyush Goyal presents vision for next decade in budget, lists 10 focus areas

From housing to infrastructure, finance minister Piyush Goyal laid the Modi government's vision to carry India forward till 2030.

Budget 2019: Where the government will earn and spend its rupee

The government's major earnings will come from tax revenue while it will spend the most on devolution to states.

Amazon shares drop on concerns of rising costs, India growth

A tight labor market, rising shipping costs and money-losing investments abroad remain threats to Amazon.com Inc.

Winners and Losers: Piyush Goyal’s 2019 interim budget

The Modi administration unveiled an interim budget full of populist goodies for farmers, the middle class and small-and-medium-sized businesses.

Airbus could kill A380 as Emirates considers smaller jet

Airbus is already cutting A380 production to eight aircraft this year, dropping to six annually from 2020.

No other govt has announced such sweeping tax changes in interim budget

Changes to tax structure in Piyush Goyal's budget is unprecedented because an interim budget is only for a short period — for transition between two govts.

Sensex soars over 500 points as investors welcome tax exemptions, sops in Budget 2019

Market was bullish even though the government overshot the fiscal deficit target for the current financial year.

On Camera

Instagram reels on stoicism are the new rage — they can battle burnout and bigotry

The Romans’ version of stoicism is rapidly picking popularity on Instagram — Marcus Aurelius, Epictetus, and Seneca are some names that get thrown at you when you fire up your screen.

Government allows export of onions to six countries, sets buffer stock target

The government had imposed an export prohibition in order to ensure adequate domestic availability of onions in the country.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.