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Economy

Ambuja Cements posts record annualised net profits in 2023-24

Ahmedabad (Gujarat) , May 1 (ANI): Gautam Adani-owned Ambuja Cements, the cement and building materials flagship of the diversified Adani Group, on Wednesday announced...

GST collection breaches Rs 2 lakh cr-milestone; April revenues at Rs 2.10 lakh cr led by domestic transactions

New Delhi, May 1 (PTI) Goods and Services Tax collections grew 12.4 per cent to a record high of Rs 2.10 lakh crore...

Oil falls for a third day on Middle East ceasefire hopes

By Alex Lawler LONDON (Reuters) - Oil fell more than 1% on Wednesday, losing ground for a third straight session on hopes of a ceasefire agreement in the Middle East and by rising crude inventories

Dollar nears year high after pre-Fed data shock, yen slips

By Harry Robertson LONDON (Reuters) - The dollar inched towards its highest level since November on Wednesday ahead of a Federal Reserve interest rate decision later in the day, after data on Tuesday

Dollar near five-month highs ahead of Fed policy decision

By Alun John LONDON (Reuters) - The dollar edged towards its highest level this year against a basket of peers and U.S. share futures dipped on Wednesday ahead of a Federal Reserve policy decision,

Gold steady near four-week low, eyes on Fed

By Harshit Verma (Reuters) -Gold prices held near a four-week low on Wednesday ahead of a U.S. Federal Reserve policy decision that could shed more light on the central bank's rate trajectory

Enlightened leadership needed to resolve north-south divide on distribution of tax pool: Subbarao

New Delhi, May 1 (PTI) Former RBI Governor Duvvuri Subbarao has opined that only enlightened leadership at Centre and state levels can resolve...

India successfully tests SMART missile system

New Delhi , May 1 (ANI): The Defence Research and Development Organisation (DRDO) has conducted a successful flight test of the Supersonic Missile-Assisted Release...

GST collection breaches Rs 2 lakh cr-milestone; at Rs 2.10 lakh crore in April

New Delhi, May 1 (PTI) The country's gross GST collections hit a record high of Rs 2.10 lakh crore in April, growing 12.4...

GST revenue collection for April 2024 highest ever at Rs 2.1 lakh crore

New Delhi , May 1 (ANI): Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in...

On Camera

Tirupati controversy shows temples can’t run as public sector units. They must be privatised

A private temple could make crores by selling better laddus and investing in goshalas and captive production units to control quality.

After a brief surge, private investment & hiring has again turned cautious. Focus is on cutting debt

Financial year 2022-23 saw private investments & hiring surge, but since then firms are using cash to reduce debt. General elections didn’t help matters, either.

Indian envoy in Oman dons Army combat print for photo ops, sparks controversy

Ambassador Amit Narang wore combat uniform at closing ceremony of India-Oman joint military exercise. Only serving personnel can wear service uniforms, say veterans.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?