NEW DELHI: CEOs in India are confident of recovery in the global economy over next three years, but growth of their own companies keeps them awake at night. Significantly, reputation risk – stemming from misalignment with customer and public sentiment – has emerged as one of the top three threats facing these leaders in India,…
NEW DELHI: After shifting iPhone production worth billions of dollars to India, Apple is set to step up the game in the country, having finalised plans to start producing AirPods, with a massive focus on exports.The company will start making the casing for the product at the Pune factory of American contract manufacturer Jabil, and…
MUMBAI: Record growth in gold loans sanctioned by banks and non-banking finance companies is seen to be the trigger for RBI to step in and ask lenders to fix gaps in accounting for these loans to avoid a build-up of bad debt on their books.Gold loan sanctions in Q1 FY25 grew 26% year-on-year and 32%…
NEW DELHI: The ministerial panel on GST rate rationalisation is weighing lower rates for several mass-use items, including medicines and tractors, to 5%, while leaving the tax on products, such as cement, unchanged.Lower revenue from tractors, which currently face 12% or 28% GST depending on their classification, may partly be compensated by an increase in…
MEERUT: Malkhan Singh, an IAF soldier, was 23 when an Antonov-12 aircraft, carrying 102 people, including him, went missing on Feb 7, 1968. It was later found crashed over Himachal‘s Rohtang Pass.On Tuesday, when two Army officials came to Malkhan’s old house in Fatehpur village in UP’s Saharanpur district, informing the family about the recovery…
AGRA: Police have submitted a 3,200-page chargesheet on the Hathras stampede which claimed 121 lives on July 2 and took place during a congregation organised by self-styled ‘godman’ Surajpal Singh alias Bhole Baba. The chargesheet names 11 accused, including two women, but does not mention Bhole Baba as an accused in the case.Defence lawyer AP…
PATNA: Poll strategist Prashant Kishor on Wednesday formally launched his political outfit, Jan Suraaj, and announced that his party would contest bypolls in four assembly seats where elections are likely to be held in Nov this year.He also named Manoj Bharti, a former diplomat, as the party’s first working president. Bharti, a native of Madhubani,…
MUMBAI: The appellate tribunal which adjudicates benami matters has held that employees can hold cash in a fiduciary capacity for their employers, without it being classified as a benami transaction. This order can support both employers and employees who face a similar situation.“Fiduciary relationships involve trust and confidence, often between employer and employee, where the…
NEW DELHI: As he prepares to receive India’s foreign minister S Jaishankar this week, Sri Lankan President Anura Kumara Dissanayake met Indian high commissioner Santosh Jha who conveyed India’s readiness to support Sri Lanka‘s development process in any way possible, while also appreciating the president’s anti-corruption agenda.Taking to X, Dissanayake said that Jha emphasised that…
HYDERABAD: Telangana minister Konda Surekha sparked a controversy on Wednesday, after she blamed BRS working president KT Rama Rao for the divorce of Tollywood actors Naga Chaitanya and Samantha Prabhu. Her comments drew sharp reactions from the film industry and turned into a full-blown political row within hours.KTR sent the Telangana environment minister a legal…
