Business

Business

G-20: Members’ coop can prevent economic offenders from crossing borders, says PM Modi

August 12, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Asserting that cooperation between G-20 member nations can prevent economic offenders from using legal loopholes to cross borders, Prime Minister Narendra Modi on Saturday said an informal agreement between these countries’ enforcement agencies would strengthen their drive against fugitive criminals. Addressing via video-conferencing the Anti-Corruption Ministerial Meet of G-20 under […]

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Ahmedabad Airport Enhances Connectivity to Monsoon

August 11, 2023 Vinayak Barot

Ahmedabad, August 11, 2023: Make the most of the upcoming vacations and festive holidays by planning a trip to some of the amazing monsoon destinations that are well connected with Sardar Vallabhbhai Patel International Airport (SVPIA). Travellers from Ahmedabad now have easy access to the picturesque places as mentioned below and can enjoy the enchanting […]

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Roving Periscope: Now, Pak SC throws a spanner in ex-PM Nawaz’s return from self-exile

August 11, 2023 Vinayak Barot

Virendra Pandit    New Delhi: In the ongoing political drama, Pakistan Supreme Court on Friday unanimously struck down a recently-passed judgments review law, which will now dim former Prime Minister Mohammad Nawaz Sharif’s prospects to challenge his lifetime disqualification from contesting elections and return home. The apex court’s ruling came on the day his younger […]

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Online gaming, casinos: LS passes amendments to two GST bills to impose a 28% tax

August 11, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Taking cognizance of online gaming’s runaway popularity, especially among youths and housewives, and its fallouts such as screen addiction, the Lok Sabha on Friday passed amendments to two Goods and Services (GST) bills to levy a 28 percent tax on gaming. The ambit of the two bills includes an equal […]

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Torrent Power reports Q1 FY 2023-24 results: ₹ 7,328 crs in Q1 FY 2023-24 compared to ₹ 6,510 crs in Q1 FY 2022-23, up by 13%

August 10, 2023 Vinayak Barot

August 10, 2023: Torrent Power Limited (the “Company”) today announced financial results  for the quarter ended June 30, 2023.   The major reasons for improvement in the Total Comprehensive Income for the quarter on y o-y basis are:  ⇧ Increase in contribution from merchant power sales in gas-based power plants;  ⇧ Increase in contribution from licensed […]

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Roving Periscope: Biden prohibits new investments in China’s high-tech cos

August 10, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Aiming to prevent American capital and innovations from helping China develop high technologies, that could support its military modernization and undermine the US national security, President Joe Biden has ordered a ban on fresh investments in those sectors in the Asian country. In a letter to the US Congress, he […]

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Lifestyle: Fruits and veg brand Pluckk partners with Kareena Kapoor Khan

August 10, 2023 Vinayak Barot

Mumbai: Pluckk, India’s leading lifestyle-oriented fresh fruit and vegetables brand, has partnered with actor Kareena Kapoor Khan as an investor and brand ambassador. Mumbai-based Pluckk, India’s first plastic-neutral f&v brand founded in 2021, offers over 400 items across more than 15 categories, including essentials, exotics, hydroponics, and cuts and mixes. The diverse catalog also includes […]

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Confidence: From fragile to foremost economy in 9 years, says Sitharaman

August 10, 2023 Vinayak Barot

Virendra Pandit   New Delhi: Asserting that the Indian economy is currently the fastest-growing in the world, Finance Minister Nirmala Sitharaman said on Thursday that a global ranking company has moved its rating for India from fragile to foremost in the last 9 years of the Narendra Modi government. Addressing the Lok Sabha during the […]

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Contraction: As post-Covid recovery falters, China’s economy slips into deflation

August 9, 2023 Vinayak Barot

Virendra Pandit    New Delhi: The world’s second-largest economy, the People’s Republic of China (PRC), slipped into deflation in July for the first time in over two years as slowing domestic spending, and waning exports and imports, weigh heavily on the post-Covid economic recovery. The shock came a day after reports, quoting official data, emerged […]

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Roving Periscope: As Imran pleads ‘mercy’, and Shehbaz dissolves Parliament, bankrupt Pak sinks into uncertainty

August 9, 2023 Vinayak Barot

Virendra Pandit   New Delhi: As Pakistan Prime Minister Mohammad Shehbaz Sharif prepared to dissolve the National Assembly on Wednesday, and set up an interim government to hold the next general elections without his predecessor in the fray, his jailed predecessor Imran Ahmed Khan Niazi has virtually pleaded for mercy. “Take me out of here; […]

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