Business News

Business

IndiGo Expands Network with New Puducherry Flights

IndiGo introduces daily direct flights between Bengaluru-Puducherry and Puducherry-Hyderabad, marking Puducherry as its 89th domestic destination and enhancing connectivity across ...

Business

India's Economic Growth to Slow Down to 6.4% in 2024-25, HDFC Securities Predicts

HDFC Securities predicts India's GDP growth to slow to 6.4% in 2024-25 due to urban demand slowdown and insufficient private capex revival. The firm highlights rural demand and gov...

Business

Top 10 Companies Lose Rs 4.95 Lakh Crore in Market Capitalization

The combined market capitalization of India's top-10 most valued firms declined by Rs 4,95,061 crore last week, led by significant losses from TCS and Reliance Industries. The decl...

Business

India's IPO Boom: A Record-Breaking Year in 2024 and Promising Prospects for 2025

India's IPO market hit a record Rs 1.6 lakh crore in 2024, driven by economic growth and favorable market conditions. The year saw Hyundai Motor India's historic IPO and a diverse ...

Business

Bombay High Court Extends Deadline for Revised Tax Returns: A Relief for Taxpayers

Bombay High Court extends deadline for revised tax returns, providing relief to taxpayers unable to claim rebates due to software changes in the filing platform.

Business

GST Council Delays Decision on Lower Insurance Rates Amid Ongoing Discussions

The GST Council made several decisions, including waiving tax on gene therapy and reducing the levy on fortified rice kernels, but deferred a call on lower rates for health and ter...

Business

Raghuram Rajan Reveals Arun Jaitley's Support for Cleaning Up Bad Loans

Raghuram Rajan reveals that ex-finance minister Arun Jaitley supported cleaning up bad loans of Indian banks, highlighting the need for decisive action amidst corruption and global...

Business

Revolutionary 'Track and Trace Mechanism' Launched to Combat GST Evasion

The GST Council introduces the 'Track and Trace Mechanism' to monitor goods prone to tax evasion, affixing a unique mark on these goods or their packaging. This move aims to enhanc...