The gross GST collection rose 7.3 per cent year-on-year to Rs 1.77 lakh crore in December despite significant increase in both domestic and export refunds. The Central GST collection stood at Rs 32,836 crore, State GST at Rs 40,499 crore,
‘The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump’s expected new regulations.’ Kindly note the image has been
In 2025, Indian firms may face higher premiums for fire and engineering insurance covers as reinsurers are likely to revise rates due to rising claims from catastrophic events and higher loss ratios, according to people in the know. Image used
Benchmark Sensex dropped by nearly 451 points on Monday amid unabated foreign fund outflows, weak trends in the global markets and selling in blue-chip stocks. Photograph: Shailesh Andrade/Reuters In a day marked with volatility, the 30-share BSE benchmark Sensex tumbled
With the rapid evolution of channels like quick-commerce and the emergence of ONDC, the Indian retail industry is ‘cautiously optimistic’ for 2025, in which new-age technologies such as AI and automation will play a crucial role, driving efficiency and personalisation.
Dalal Street had a roller coaster ride in 2024 from shattering record after record to facing heavy correction off-late but equity markets still rewarded investors with positive returns, driven by a surge in domestic fund flows and a resilient macro
When star mutual fund managers quit their jobs to start their own ventures, they have often begun their new innings by becoming portfolio management service (PMS) providers. Over the years there has been an influx of fund managers – they
The rupee tumbled 3 per cent against the US dollar in 2024 as concerns over slower economic growth and a stronger greenback in global markets weighed, but it was among the least volatile currencies in the world and the headwinds
Around six weeks ago, Sun Pharmaceutical Industries, India’s largest drugmaker, suffered a setback, which led to a selloff in the share. Photograph: Francis Mascarenhas/Reuters The US District Court of New Jersey granted Incyte’s request for a preliminary injunction against Sun
‘He will be remembered more for what he did as finance minister — as someone who functioned well when the political fallout was taken care of.’ IMAGE: Then prime minister Dr Manmohan Singh in Kolkata. Photograph: Rupak De Chowdhuri/Reuters The
