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Meta fined for alleged lack of consumer protection measures in South Korea

May 2, 2025

Seoul, May 2 (IANS) South Korea's antitrust regulator said on Friday it has decided to fine Meta Platforms, the operator of Facebook and Instagram, on charges of violating the country's law on consumer protection.Meta Platforms was slapped with a 6 million-won ($4,176) fine and ordered to take necessary measures to align with the Act on the…

India to host Global Media Dialogue tomorrow, over 60 countries to attend

May 1, 2025

New Delhi, May 1 (IANS) India is set to host the Global Media Dialogue for the first time as part of WAVES in Mumbai on Friday, marking a significant milestone in the country's engagement with the global media and entertainment…

Business

Record GST collection showcases resilience of Indian economy: FM Sitharaman

May 1, 2025

New Delhi, May 1 (IANS) The record GST collection in April showcases the resilience of the Indian economy and the effectiveness of cooperative federalism, Union Finance Minister Nirmala Sitharaman said on Thursday.Gross GST collections for…

Business

Pakistan’s FBR tax shortfall swells to Rs 833 billion

May 1, 2025

Islamabad, May 1 (IANS) Pakistan's Federal Bureau of Revenue (FBR) has been consistently falling short of its targets for the past 10 months, piling up a confounding shortfall of Rs 833 billion during the current fiscal year. This is…

Business

ED filed 5,113 cases to curb money laundering in last 10 years: Official

May 1, 2025

New Delhi, May 1 (IANS) Union Minister of State for Finance Pankaj Chaudhary on Thursday highlighted the key role that the Enforcement Directorate (ED) has to play in ensuring an “economically secure India” as the country is headed to…

Business

India’s coal production rises 3.6 pc to cross 81.5 million tonnes in April

May 1, 2025

New Delhi, May 1 (IANS) The overall coal production in India during April reached 81.57 million tonnes (MT), marking an increase of 3.63 per cent over the 78.71 MT produced in the corresponding period of the previous year, the government…

Business

Regulatory frameworks must build trust in our systems: FM Sitharaman

May 1, 2025

Kolkata, May 1 (IANS) The regulatory frameworks must not only safeguard good governance but also enable enterprises, encourage formalisation and build trust in our systems, Union Finance Minister said on Thursday.FM Sitharaman, who…

Business

NRAI and ONDC refute speculative reports, reaffirm strong partnership

May 1, 2025

New Delhi, May 1 (IANS) Reaffirming strong partnership, the National Restaurant Association of India (NRAI) and the Open Network for Digital Commerce (ONDC) on Thursday refuted media reports which claimed that the restaurant body has paused…

Business

Apple clocks 28 pc growth in iPhone shipments in India: Industry data

May 1, 2025

New Delhi, May 1 (IANS) Apple registered 28 per cent growth in iPhone shipments in India (year-on-year) in the first quarter this year (January-March period), industry data showed on Thursday.iPhone 16 series was the highest-selling Apple…

Business

Cognizant’s Q1 bookings drop 7 pc despite revenue growth

May 1, 2025

New Delhi, May 1 (IANS) Global Information Technology (IT) major Cognizant has reported 7 per cent year-on-year (YoY) decline in bookings in the first quarter of calendar year (Q1 CY25).However, trailing 12-month bookings rose 3 per cent…

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