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Jio has reintroduced affordable internet options with three prepaid plans under ₹300, each offering 1.5GB of daily data. The ₹299 plan provides 42GB over 28 days, while the ₹239 plan offers 33GB for 22 days. The most economical option, the ₹199 plan, includes 27GB over 18 days. All plans feature unlimited calling and no roaming […]
In India, cryptocurrency gains are taxed at a flat 30%, with a 1% TDS on transactions. Cryptocurrencies are classified as Virtual Digital Assets (VDAs) but are not formally recognized as legal tender. Although cryptocurrencies aren’t illegal, the government has implemented taxes on crypto profits. A comprehensive policy is being developed, but investors must follow current […]
A report by Human Resource Services has revealed that many companies will increase recruitment starting in 2025. The report indicates that companies are optimistic about hiring new employees, with a majority of the new jobs expected to be in the IT sector. Around 53% of organizations have confirmed plans to undertake recruitment.
The Sensex and Nifty opened at fresh record levels in early trade today, December 11, 2024. The Sensex started trading today at 81568.39, up 58.34 points or 0.07%, and the Nifty was at 24620.50, up 10.45 points or 0.04%. Meanwhile, the Indian rupee was trading today at 84.86 against the dollar.
Amazon India has launched a 15-minute quick commerce service pilot in Bengaluru, offering fast deliveries of groceries and essentials. Competing with Blinkit, Swiggy Instamart, and Zepto, Amazon aims to expand its reach. Samir Kumar, Country Manager, highlighted selection, value, and convenience. The service won’t replace Amazon Fresh, which continues to offer fresh food and daily […]
Sanjay Malhotra is all set to take charge as the 26th Governor of the Reserve Bank of India on Wednesday. He will serve as RBI Governor for a term of three years. A 1990-batch IAS officer of the Rajasthan cadre, Sanjay Malhotra has had a distinguished 33-year career, working across various sectors such as Taxation, […]
Bajaj Auto announced it is investigating a “smoke emission” incident involving its electric scooter, Chetak, in Chhatrapati Sambhajinagar, Maharashtra, on December 5. The company is working to determine the cause and emphasized its commitment to producing high-quality, safe products for customers. The investigation aims to ensure the safety and reliability of the Chetak electric sco...
HDFC Bank has secured a long-term lease for an entire 8-storey building in the Mindspace Airoli West commercial complex, Navi Mumbai. The office space spans over 4 lakh sq ft and the lease agreement covers a period of 10 years. This move highlights the bank’s expansion efforts, as it continues to strengthen its presence in […]
Andhra Pradesh govt has approved key development projects in Amaravati, sanctioning 20 civil works worth ₹11,467 crore under the Capital Region Development Authority (CRDA). Projects, including housing for ministers, IAS officers, and judges, as well as infrastructure like secretariat towers, will be financed through loans from the World Bank and ADB, with Central Government support.
Poonawalla Fincorp, a Cyrus Poonawalla Group-promoted non-banking finance company, has appointed Salil Hajarnis as Chief Technology Officer (CTO), effective December 10, 2024. His appointment, approved by the board on September 11, 2024, will see him leading the company’s technology strategy, with a focus on digital transformation and AI-driven customer solutions.
Indian stock markets ended Tuesday’s choppy session on a flat note. Sensex settled at 81,510.05, up marginally by 1.59 points. Similarly, Nifty settled at 24,610.05, down 8.95 points, or 0.05%. Among broader markets, Midcap and Smallcap indices ended higher by 0.23% and 0.28%, respectively.
Former JP Morgan India CEO PD Singh, Rahul Shukla, Group Head of Commercial and Rural Banking at HDFC Bank, and Venugopal Ranganathan, Chief Risk Officer at Standard Chartered, are the three candidates submitted by the bank to the Reserve Bank of India (RBI) to succeed Zarin Daruwala as CEO of Standard Chartered in India and […]
India’s coal-dependent steel industry presents a “rocky and uncertain path” to achieving net zero by 2070, according to Global Energy Monitor. The country leads globally in steelmaking capacity under development, surpassing China. National Steel Policy’s reliance on emissions-intensive coal-fired blast furnaces, rather than green steelmaking, could delay India’s ne...
The Sensex and Nifty opened at fresh record levels in early trade today, December 10, 2024. The Sensex started trading today at 81575.96, up 67.50 points or 0.08%, and the Nifty was at 24652.65, up 33.65 points or 0.14%. Meanwhile, the Indian rupee was trading today at 84.79 against the dollar.
Tata Power CEO Praveer Sinha announced that construction of the ₹6,900 crore Khorlochhu Hydropower Project in Bhutan has begun, with commissioning expected by Sep 2029. The 600 MW project, located on the Kholongchhu River in eastern Bhutan, is currently focusing on tunnel diversion work. Sinha confirmed that the project is on track for its scheduled […]