GST revenue hits record high of Rs 2.37 lakh cr in April

Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, which the government said shows resilience of the Indian economy and the effectiveness of cooperative federalism. Illustration:

Creativity, not software code, to be main driver of India’s economy: Adobe CEO

Global tech major Adobe Systems’ chief executive Shantanu Narayen on Thursday said creativity, and not software code, will be the main driver of India’s economy in the future. IMAGE: Shantanu Narayen, CEO, Adobe. Photograph: Kind courtesy, Brian Cummings Photography/Wikimedia.org Speaking

Wall Street indices open higher; Microsoft, Meta gain on earnings

US Stock Market Live: Futures on Wall Street are extending their recovery from Wednesday, surging sharply in the after-market session. The Dow futures are now up 180 points, the S&P 500 futures are up 50, while the Nasdaq futures are

Wall Street today: Nasdaq climbs 2%, S&P 500 gains 1%, on strong results FROM Meta Platforms, Microsoft

US stock indices jumped at the open on Thursday, lifted by shares of Meta Platforms and Microsoft after their strong quarterly results. At the opening bell, the Dow Jones Industrial Average rose 248.7 points, or 0.61%, to 40,918.04. The S&P

Mukesh Ambani’s ambitious vision for the next 10 years

India’s versatile media and entertainment industry can grow more than three-fold to $100 billion in the next decade, creating millions of jobs and a ripple effect across sectors, billionaire Mukesh Ambani said on Thursday. IMAGE: Reliance Industries chairman Mukesh Ambani

After CEO exit, RBI okays IndusInd executives’ panel to run the show

The Reserve Bank of India (RBI) has approved IndusInd Bank’s request to form an executive committee to discharge the duties and responsibilities of the chief executive officer (CEO) for a period of maximum three months or till a new CEO

From warehouses to local stores: Ola Electric shifts gear

Amid the ongoing controversy in Maharashtra over Ola Electric stores operating without a trade certificate, sources at the Bengaluru-based electric two-wheeler manufacturer said the company is currently transitioning from a centralised warehouse model to a retail-focused approach. Photograph: Courtesy, Ola

Indian airlines may face Rs 77 cr weekly addl expenses on airspace curbs

Indian airlines are likely to face additional weekly expenses of Rs 77 crore for international flights operated from north Indian cities as the airspace curbs result in increased fuel consumption and longer flight duration. Photograph: Air India Express on Facebook

JetBlue pulls outlook, sees travel demand slowdown worsening

JetBlue Airways Corp. withdrew its full-year financial outlook and said a slowdown in demand for air travel is poised to worsen as President Donald Trump’s trade war erodes consumer confidence. A sudden downturn in demand for trips during the first

Mukesh Ambani’s net worth tops $100 billion again after Reliance share price rallies 8% since Q4 results

Billionaire industrialist Mukesh Ambani’s net worth topped the $100 billion mark again on Wednesday, April 30, after Reliance Industries share price extended its winning streak for two straight days post strong quarterly results. The share price of the oil to