NEW DELHI: World Bank president Ajay Banga praised India’s growth rate on Thursday, highlighting its resilience in the global economy. He mentioned that much of this growth is fueled by the domestic market.“There is no doubt that India’s growth rate is among the shiniest parts in the world economy. I think being able to grow…
The market sentiment has been negatively impacted by the release of rising CPI inflation data this week and the persistent selling by FIIs. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red on Friday. While BSE Sensex went below 80,700 level, Nifty50 was below 24,650. At 9:16 AM,…
The new form will enable employees to provide information about TCS and TDS from other sources. (AI image) TDS for salaried employees: The Central Board of Direct Taxes (CBDT) has introduced a new form, Form 12BAA, to facilitate the implementation of the Budget 2024 announcement regarding the adjustment of TDS and TCS from other sources…
The board of Infosys has declared an interim dividend of Rs 21 per share. Infosys Q2 results: Infosys, India’s second-largest software exporter, announced a 5% increase in its consolidated net profit for the second quarter, reaching Rs 6,506 crore compared to Rs 6,212 crore in the same period last year. The company has also revised…
The new train ticket booking rule by Indian Railways will come into effect from November 1, 2024. New Indian Railways train ticket booking rules: Indian Railways has changed its advance train ticket booking rules. Sources told TOI that passengers will now be able to book IRCTC train tickets only 60 days in advance of the…
Analysts are attributing the market consolidation to persistent selling by foreign institutional investors. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Thursday. While BSE Sensex was above 81,600, Nifty50 was below 25,000. At 9:16 AM, BSE Sensex was trading at 81,689.96, up 189 points or 0.23%….
MUMBAI: Noel Tata, chairman of Tata Trusts, which holds an approximately 66% stake in Tata Sons, is set to be appointed to the board of the latter.Noel will be the sole member of the Tata Group‘s founding family to hold positions on boards of both Tata Sons and Tata Trusts. He will be one three…
The new rail-road bridge in Varanasi will have four railway lines and a six lane highway. New Indian Railways bridge in Varanasi: Prime Minister Narendra Modi-led Union Cabinet has approved a new rail-cum-road bridge in Varanasi over river Ganga. According to Railway Minister Ashwini Vaishnaw, the new rail-road bridge will be ‘one of the biggest’…
DA for central government employees is determined using the most recent Consumer Price Index for Industrial Workers. DA hike for central government employees: Diwali 2024 came early for central government employees with PM Narendra Modi-led Union Cabinet approving the much awaited dearness allowance hike, sources told TOI. The dearness allowance has been hiked by 3%….
Elon Musk posted on X that Starlink “will do its best to serve the people of India”. Elon Musk, the owner of Starlink, a global satellite constellation, has expressed commitment to serving the people of India through a post on X. This statement follows the Indian government’s decision to allocate spectrum for satellite broadband administratively,…
