The rate of unemployment in the country declined to 5.2 per cent in July from 5.6 per cent in June, a government survey said on Monday. Illustration: Uttam Ghosh The unemployment rate (UR) in May was also 5.6 per cent,
The 18 per cent tax slab is expected to remain the major contributor to GST revenues if the Centre’s proposal for a two-tier GST structure and a special 40 per cent rate is implemented, according to a source. Illustration: Dominic
Reliance Consumer Products Ltd (RCPL) on Monday announced its entry into the healthy functional beverage category with a majority stake acquisition in a joint venture with Naturedge Beverages. The move strengthens RCPL’s vision of building a “total beverage company” by
Mahendra Realtors IPO allotment: Mahendra Realtors’ initial public offering (IPO) closed for subscription last week, and now investors keenly await the allotment of shares. Mahendra Realtors’ IPO allotment date is fixed as today, August 18. Mahendra Realtors IPO, which was
‘The state governments of Gujarat, Maharashtra and Tamil Nadu will be encouraged to consider measures of their own as the employment and economy in such export-oriented states will be affected.’ Kindly note the image has been posted only for representational
Plans for big bang reforms in the GST regime by Diwali, the Putin-Trump summit and S&P upgrading India’s sovereign credit rating are likely to instil optimism in the domestic equity market in the week ahead, analysts said. Illustration: Dominic Xavier/Rediff
Taiwanese electronics giant Foxconn’s Bengaluru factory, its second-largest manufacturing unit, has commenced operation with production of iPhone 17 recently at a small scale, sources aware of the development said. Photograph: Reuters Foxconn is the largest manufacturer of iPhones, and the
Cooking oil is often discarded after being used for frying at home or in restaurants. IMAGE: Used cooking oil is filtered to remove impurities. Photograph: Emily Chow/Reuters However, a refinery of IndianOil has now won a certification to use the
Realty firm Godrej Properties‘ net debt has risen 42% in the June quarter to ₹4,637 crore as the company looks to expand its business to meet strong housing demand. Its net debt stood at ₹3,269 crore at the end of
Trump-Putin meeting: U.S. President Donald Trump and Russian President Vladimir Putin met for roughly two and a half hours on Friday during a summit in Alaska. However, the two leaders failed to reach any agreements on how to end Russia-Ukraine
