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CBDT extends deadline for filing Form 10A/10AB by taxpayers to June 30

Apr 25, 2024

New Delhi, April 25 (IANS) The Central Board of Direct Taxes (CBDT) on Thursday extended the deadline for filing Form 10A/Form 10AB by trusts, institutions, and funds under the Income-tax Act till June 30, 2024.The CBDT said the date has been extended to avoid hardships to taxpayers who are facing genuine problems and had requested an extension.…

SJVN inaugurates India’s first multipurpose Green Hydrogen pilot project

Apr 25, 2024

New Delhi, April 25 (IANS) Power major SJVN Ltd has achieved a significant milestone with the inauguration of India's first multipurpose Green Hydrogen Pilot Project at its 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Himachal…

Business

Shree Cement joins RE100 Commits to transition 100% to Renewable Electricity by 2050

Apr 25, 2024

Shree Cement, one of India's largest cement producers with an installed capacity of over 56 MTPA, proudly announces its membership in the esteemed RE100 initiative,

Business

Banks failing at tech, fintech failing at banking, quips Ashneer Grover

Apr 25, 2024

New Delhi, April 25 (IANS) Taking a dig at Kotak Mahindra Bank after the Reserve Bank of India's (RBI) action, BharatPe co-founder Ashneer Grover on Thursday said that while banks are failing at implementing robust technology to cater to…

Business

Widening of conflict in Middle East could impact India macros

Apr 25, 2024

New Delhi, April 25 (IANS) A sustained flare-up in geopolitical tensions in the Middle East, and the consequent increase in crude oil prices, would negatively impact Indian macros, ratings agency ICRA said on Thursday.“Geopolitical tensions…

Business

NDA rule has shown superior numbers on GDP growth, inflation, unemployment compared to UPA

Apr 25, 2024

New Delhi, April 25 (IANS) The NDA rule of the last 10 years has shown superior numbers on GDP growth, inflation, CAD (Current Account Deficits), unemployment and FDI ex of pandemic year compared to the UPA regime, broking firm Prabhudas…

Business

Tech Mahindra’s PAT declines 51 per cent to Rs 2,358 crore in FY24

Apr 25, 2024

New Delhi, April 25 (IANS) IT software major Tech Mahindra on Thursday reported its consolidated profit after tax (PAT) at Rs 2,358 crore for FY24, down 51.2 per cent (year-on-year).The revenue for the last fiscal year was Rs 51,996 crore,…

Business

Indian rupee to appreciate to Rs 82–82.50 in FY25: CARE Ratings

Apr 25, 2024

Chennai, April 25 (IANS) The Indian rupee is expected to appreciate to about Rs 82–82.50 in FY25 while in the near term, it will trade between Rs 83-83.50 against the US dollar, a top economist with CARE Ratings said.According to Chief…

Business

BMW’s another all-electric car launched in India

Apr 25, 2024

New Delhi, April 25 (IANS) Luxury car maker BMW on Thursday launched another all-electric car, BMW i5 M60 xDrive, in India at an ex-showroom price of Rs 1,19,50,000. The new car comes available in Alpine White as non-metallic paintwork and…

Business

ICEA shares blueprint for India to become a global leader in chip value chain

Apr 25, 2024

New Delhi, April 25 (IANS) As India embarks on its ambitious semiconductor journey, providing strategic support for chip design firms, bridging the skill gap, enhancing funding mechanisms, leveraging global opportunities and investing in…

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