NEW DELHI: Passengers on a SpiceJet flight from Delhi to Goa faced trouble at the Indira Gandhi International (IGI) airport in Delhi on Saturday after the flight was delayed for several hours.The airline said that the delay of flight SG-211 was caused by operational issues, as the originally scheduled aircraft had to be grounded due…
MUMBAI: From ACs to beauty products and even snacking items, consumers are increasingly going online to fill their shopping carts as heatwaves nudge them to stay indoors, at least during the peak afternoon hours.Online sales for Voltas through Amazon and Flipkart, for instance, have grown by 190% year-on-year between March-May 2024. The company’s sales through…
NEW DELHI: Adani Ports and Special Economic Zone Limited (APSEZ) has secured the letter of intent (LOI) for operating and maintaining the container facility at the Netaji Subhas Dock, located within the Syama Prasad Mookerjee Port in Kolkata.“The award of the O&M contract for container handling facilities at Netaji Subhas Dock to APSEZ underlines our…
UPI Lite was introduced in September 2022 to enable small value payments. Cheer for UPI Lite users! The Reserve Bank of India (RBI) governor Shaktikanta Das on Friday announced new measures for UPI Lite users. The announcement was made as a part of the RBI’s Monetary Policy Statement. According to the new measures, users of…
MUMBAI: Moonlighters may have a mix of ‘salary’ income and income from gigs, which is shown as ‘income from business and profession’.The income received from consultancy gigs is typically treated as business and professional income, rather than ‘income from other sources’ to enable the individual to claim various expenses, such as stationery, travel and data…
MUMBAI: With a new coalition govt at the centre set to swear in, the startup industry is seeking enhanced regulatory clarity, help to expedite the process of shifting domicile to India and an easier law and enforcement regime from authorities for the sector. “The approach of the tax departments towards startups is one area that…
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, surged in trade on Thursday as the market reacted positively to the NDA forming the government in the coming days. While BSE Sensex moved above 75,000, Nifty50 was over 22,800. At 10:30 AM, BSE Sensex was trading at 75,106.91, up 725 points or…
NEW DELHI: For several businesses, including startups and some overseas investors, coalition govt at the Centre is an uncharted territory. For a decade, they have only dealt with a govt at the Centre that enjoyed absolute majority, with decision-making streamlined.Tuesday’s election verdict has not only made them sit up and take note of the changes…
Stock market crash an opportunity? The BJP’s underwhelming performance in the recent Lok Sabha elections has wiped out nearly all the gains made by the Nifty this year in a single day. On Tuesday, the Nifty plummeted by 1,379 points or 5.93%, yet it continues to trade at a premium valuation compared to other global…
NEW DELHI: In a dramatic shift in the ranks of the world’s wealthiest individuals, Mukesh Ambani has surpassed Gautam Adani to reclaim the title of Asia’s richest person again. According to the Bloomberg Billionaires Index, Ambani is ranked 11th among the world’s wealthiest individuals.Adani, whose conglomerate suffered a loss of $25 billion in a single…
