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Category: Business

Watch: Delhi Traffic Cop Takes Rs 5,000 From Korean Without Issuing Receipt; Suspended

Posted on July 24, 2023 By Admin No Comments on Watch: Delhi Traffic Cop Takes Rs 5,000 From Korean Without Issuing Receipt; Suspended
Watch: Delhi Traffic Cop Takes Rs 5,000 From Korean Without Issuing Receipt; Suspended

A Korean vlogger, has shared a video of his recent trip to Delhi, on his YouTube channel called Fitvely. In the video, a traffic cop can be seen taking cash from the Korean guy for allegedly violating a traffic norm in the New Delhi area. Later, a Twitter user Priya shared the video link and…

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Business

How a Drug Maker Profited by Slow-Walking a Promising H.I.V. Therapy

Posted on July 22, 2023 By Admin No Comments on How a Drug Maker Profited by Slow-Walking a Promising H.I.V. Therapy
How a Drug Maker Profited by Slow-Walking a Promising H.I.V. Therapy

In 2004, Gilead Sciences decided to stop pursuing a new H.I.V. drug. The public explanation was that it wasn’t sufficiently different from an existing treatment to warrant further development. In private, though, something else was at play. Gilead had devised a plan to delay the new drug’s release to maximize profits, even though executives had…

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Business

HDFC Bank becomes 2nd most valuable company; TCS falls to 3rd place – Times of India

Posted on July 20, 2023 By Admin No Comments on HDFC Bank becomes 2nd most valuable company; TCS falls to 3rd place – Times of India
HDFC Bank becomes 2nd most valuable company; TCS falls to 3rd place – Times of India

NEW DELHI: HDFC Bank on Thursday became the second most valuable company by market capitalisation, overtaking IT behemoth Tata Consultancy Services.At the close of trade, HDFC Bank, which recently completed the merger of its mortgage financier parent HDFC into itself, commanded a market capitalisation (mcap) of Rs 12,72,718.60 crore, which was Rs 5,826.95 crore more…

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Business

Food price growth slows for fourth month, say shops

Posted on July 18, 2023 By Admin No Comments on Food price growth slows for fourth month, say shops
Food price growth slows for fourth month, say shops

Shoppers are spending more on promotions to save money but overall inflation remains “high”. Source link

Business

Credit Suisse inquiry to keep files secret | The Express Tribune

Posted on July 15, 2023 By Admin No Comments on Credit Suisse inquiry to keep files secret | The Express Tribune
Credit Suisse inquiry to keep files secret  | The Express Tribune

ZURICH: A parliamentary investigation into the collapse of Credit Suisse will keep its files closed for 50 years, according to a parliamentary committee document, a level of secrecy that has triggered concern among Swiss historians. The document means the investigating commission will hand over its files to the Swiss Federal Archives after a much longer…

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Business

Pakistan receives first installment of $1.2bn from IMF: Dar – SUCH TV

Posted on July 13, 2023 By Admin No Comments on Pakistan receives first installment of $1.2bn from IMF: Dar – SUCH TV
Pakistan receives first installment of $1.2bn from IMF: Dar – SUCH TV

The International Monetary Fund (IMF) on Thursday transferred US$1.2 billion to State Bank of Pakistan (SBP) out of total $3 billion under the Stand-By Agreement (SBA) that was approved by the IMF board the previous day. Talking to media persons, Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar said that the balance amount…

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Business

Who Is Malavika Hegde, The Woman Who Revived The Cafe Coffee Day After Husband’s Tragic Suicide Due To Rs 7000 Crore Debt

Posted on July 11, 2023 By Admin No Comments on Who Is Malavika Hegde, The Woman Who Revived The Cafe Coffee Day After Husband’s Tragic Suicide Due To Rs 7000 Crore Debt
Who Is Malavika Hegde, The Woman Who Revived The Cafe Coffee Day After Husband’s Tragic Suicide Due To Rs 7000 Crore Debt

NEW DELHI: The suicide of V G Siddhartha, the founder of Cafe Coffee Day – India’s largest coffee shop chain – in 2019 shocked the entire nation, especially those who used to hang out at the CCD with friends and family over the weekends. The tragic death of Siddhartha, who ended his life by jumping…

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Business

A PGA Tour Director’s Exit Casts a Pall Over Proposed Saudi Deal

Posted on July 10, 2023 By Admin No Comments on A PGA Tour Director’s Exit Casts a Pall Over Proposed Saudi Deal
A PGA Tour Director’s Exit Casts a Pall Over Proposed Saudi Deal

‘Serious concerns’ at the PGA Tour Just days before Tuesday’s PGA Tour hearing before the Senate Permanent Subcommittee on Investigations, a prominent tour board member, Randall Stephenson, has resigned. His reason? He said he cannot support the golf organization’s proposed tie-up involving LIV Golf, its Saudi -backed rival, DealBook’s Lauren Hirsch and The Times’s Alan…

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Business

Government to hire agency to estimate size of digital economy – Times of India

Posted on July 9, 2023 By Admin No Comments on Government to hire agency to estimate size of digital economy – Times of India
Government to hire agency to estimate size of digital economy – Times of India

NEW DELHI: The government is planning to hire an agency to measure the actual size of the digital economy which is estimated to be around USD 1 trillion by 2025, according to an official document.The selected agency will be roped in for a period of nine months for the assignment.The agency will need to submit…

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Business

Centre Empowers ED by Bringing Goods & Services Tax Network Under PMLA – News18

Posted on July 8, 2023 By Admin No Comments on Centre Empowers ED by Bringing Goods & Services Tax Network Under PMLA – News18
Centre Empowers ED by Bringing Goods & Services Tax Network Under PMLA – News18

The sharing of incriminating information with GSTN will enable the authority to limit the activities of suspicious businesses. (Image: News18) Offenses related to GST such as fake invoices and fraudulent input tax credits will now be covered under PMLA The Centre on Saturday issued a notification to bring the Goods and Services Tax Network (GSTN)…

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Business

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