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Category: Business

Average Tax Under GST Dips From 15.8 Per Cent To 11.3 Per Cent, Says FM Nirmala Sitharaman In Rajya Sabha

Posted on February 11, 2025 By Admin No Comments on Average Tax Under GST Dips From 15.8 Per Cent To 11.3 Per Cent, Says FM Nirmala Sitharaman In Rajya Sabha
Average Tax Under GST Dips From 15.8 Per Cent To 11.3 Per Cent, Says FM Nirmala Sitharaman In Rajya Sabha

New Delhi: Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax (GST) has significantly reduced over the years since its implementation. She stated that the average tax under the previous indirect tax regime was 15.8 per cent, under GST it has now come down to…

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Business

Federal Financial Watchdog Ordered to Cease Activity

Posted on February 9, 2025 By Admin No Comments on Federal Financial Watchdog Ordered to Cease Activity
Federal Financial Watchdog Ordered to Cease Activity

Employees of the Consumer Financial Protection Bureau were instructed to cease “all supervision and examination activity” and “all stakeholder engagement,” effectively stopping the agency’s operations, in an email from the director of the Office of Management and Budget, Russell Vought, on Saturday evening. Mr. Vought, who was confirmed this week to lead the Office of…

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Business

Reeves hit by gloomy growth forecast despite interest rate cut

Posted on February 6, 2025 By Admin No Comments on Reeves hit by gloomy growth forecast despite interest rate cut
Reeves hit by gloomy growth forecast despite interest rate cut

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email Rachel Reeves has been dealt a further blow in her bid to fulfil Labour’s primary mission of reigniting economic growth, as a downgraded forecast overshadowed news…

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Business

Ola CEO to invest Rs 2,000 crore in AI startup, Krutrim – The Times of India

Posted on February 4, 2025 By Admin No Comments on Ola CEO to invest Rs 2,000 crore in AI startup, Krutrim – The Times of India
Ola CEO to invest Rs 2,000 crore in AI startup, Krutrim – The Times of India

Ola Group founder Bhavish Aggarwal on Tuesday announced that he will invest Rs 2,000 crore into his AI startup, Krutrim with a commitment of Rs 10,000 crore by next year. He also announced the launch of the Krutrim AI Lab, releasing the company’s work to the open-source community. “Also announcing India’s first GB200 deployment in…

Read More “Ola CEO to invest Rs 2,000 crore in AI startup, Krutrim – The Times of India” »

Business

Barclays bank working to update balances after tech outage

Posted on February 2, 2025 By Admin No Comments on Barclays bank working to update balances after tech outage
Barclays bank working to update balances after tech outage

Barclays has said the “technical issue” impacting payments and transactions for customers has been resolved, but is still working on updating bank balances for some customers. The bank said delayed payments had been processed but that it was still “addressing any outstanding issues”, following days of disruption. On Friday when the outage began, customers told…

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Business

PSX sees strong rally, Index climbs 1,000 points | The Express Tribune

Posted on January 31, 2025 By Admin No Comments on PSX sees strong rally, Index climbs 1,000 points | The Express Tribune
PSX sees strong rally, Index climbs 1,000 points | The Express Tribune

Listen to article The Pakistan Stock Exchange (PSX) recorded a positive performance at the end of the business week, with the index rising by 1,562.35 points with the benchmark index rising by 1.38%. The market’s current index stood at 114,768.75 points during intra-day trading. PSX marking an increase of 1,562.35 points from the previous session’s closing of…

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Business

Finance minister assures commitment to IMF agreement – SUCH TV

Posted on January 29, 2025 By Admin No Comments on Finance minister assures commitment to IMF agreement – SUCH TV
Finance minister assures commitment to IMF agreement – SUCH TV

Finance Minister Muhammad Aurangzeb has assured the government’s resolve to stand firm by its commitments to the $7 billion International Monetary Fund (IMF) programme. “We are in a three-year Fund programme and know where we are, what we have committed and we are going to stay firm on those commitments,” said the finance minister while…

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Business

OpenAI To Face Major Digital News Outlets In India In Copyright Battle; Check Details – News18

Posted on January 27, 2025 By Admin No Comments on OpenAI To Face Major Digital News Outlets In India In Copyright Battle; Check Details – News18
OpenAI To Face Major Digital News Outlets In India In Copyright Battle; Check Details – News18

Last Updated:January 27, 2025, 12:02 IST The copyright case filing has been made by The Indian Express, Hindustan Times, NDTV and the DNPA, which represents roughly 20 companies including Network18 and players like Dainik Bhaskar. The media outlets including NDTV and Network18 have told a New Delhi court they want to join an ongoing lawsuit…

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Business

Dense Fog Disrupts Flight Operations At Kolkata Airport For Second Consecutive Day

Posted on January 24, 2025 By Admin No Comments on Dense Fog Disrupts Flight Operations At Kolkata Airport For Second Consecutive Day
Dense Fog Disrupts Flight Operations At Kolkata Airport For Second Consecutive Day

Kolkata: Dense fog disrupted the movement of at least 34 flights at Netaji Subhas Chandra Bose International (NSCBI) Airport here on Friday, an official said. A total of 15 flights from Kolkata to other destinations were delayed as the aircraft could not take off due to poor visibility, an Airports Authority of India (AAI) spokesperson…

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Business

As D.E.I. Programs Come Under Attack, Companies Like Costco and Microsoft Forge Ahead

Posted on January 22, 2025 By Admin No Comments on As D.E.I. Programs Come Under Attack, Companies Like Costco and Microsoft Forge Ahead
As D.E.I. Programs Come Under Attack, Companies Like Costco and Microsoft Forge Ahead

As corporate diversity and inclusion programs come under attack, not all companies have scaled back. At Costco’s annual meeting on Thursday, shareholders will vote on a proposal from the National Center for Public Policy Research, a conservative think tank, that would require the company to report on any potential risks diversity programs could pose to…

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Business

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