Narayana Murthy’s big gift for grandson! Rohan Murty’s son Ekagrah, who is just four months old, has been given a gift worth crores by his grandfather. Billionaire NR Narayana Murthy has gifted his grandson 15 lakh Infosys shares valued at over Rs 240 crore.According to regulatory filings, 77-year-old Narayana Murthy has transferred 15 lakh shares,…
NEW DELHI: The Petrol and Diesel prices have been reduced by Rs 2 per litre across the country. The revised price will be applicable from 6 am on Friday, March 15, the oil ministry said. Petrol in the national capital will now cost Rs 94.72 a litre compared to Rs 96.72 per litre currently, and…
Income Tax notice coming your way? The income tax department is set to send notices to individuals who have not filed tax returns, despite having tax deducted at source on their incomes, according to Central Board of Direct Taxes (CBDT) chairman Nitin Gupta. In an interview with ET, Gupta stated that there are approximately 15…
Finance minister Nirmala Sitharaman has been leading the Modi government’s economic management in the second term. In a detailed interview after presenting her sixth straight budget, she spoke to TOI on a wide range of issues, and said that govt held its hand while presenting the vote on account as it did not want to…
NEW DELHI: Marking the final stage of preparation process for the Interim Union Budget 2024, Union finance minister Nirmala Sitharaman performed the customary Halwa ceremony on Wednesday.As part of the ceremony, Sitharaman toured the Budget press room and assessed the preparations, sending her best wishes to the officials involved.Performed every year before the “lock-in” process…
NEW DELHI: Telecom and IT minister Ashwini Vaishnaw said that India is seen as a trusted partner by companies and countries across the world, and country is eyeing $100 billion in annual FDI “in the next few years”.“There is a big amount of trust when it comes to India. That is our biggest capital. For…
MUMBAI: Days after the Supreme Court asked Sebi to probe if losses due to short selling in Adani stocks were in violation of any law, the markets regulator on Friday made disclosures mandatory for such trades and allowed institutional investor participation. Short selling was earlier restricted to retail and HNI investors, but without disclosure requirement.The…
NEW DELHI: Foreign direct investment jumped 64% in October to $8.4 billion — the highest in 18 months — as the bleak global economic environment shows some signs of improvement amid moderating inflation and a pause in interest rate hikes by central banks.Latest data released by RBI showed that on a gross basis, inflows increased…
BSE Sensex, Nifty50 party continues! The BSE Sensex and Nifty50 continued their rally on Friday as Indian equity markets climbed all time highs. Importantly, Sensex crossed the 71,000 mark for the very first time. At 10:29 AM, BSE Sensex was trading at 71,025, up over 500 points or 0.72%. Nifty50 was up almost 160 points…
Economists raised their full-year projections for India’s economy sharply after data on Thursday showed growth outperformed last quarter, fueled by a manufacturing boom.Barclays Plc and Citigroup Inc predict the economy will now expand 6.7% in the fiscal year ending in March, up from previous forecasts of 6.3% and 6.2%, respectively. Several other analysts also bumped…
