Why don’t the needs of the rural economy garner attention in every budget of every government? The message is clear. You can’t ignore this segment. If you dare to, it will be perilous. If proof is required, bypoll results in Rajasthan offer them in plenty. Perhaps this truth has hit the NDA government hard as […]
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Revenue from sale of passenger tickets rises 13.6% Market leader IndiGo profit for the first quarter of the current fiscal plunged 96.6% to ₹27.8 crore against ₹811.1 crore in the year-earlier period following adverse impact of foreign exchange and high fuel prices. Revenue from passenger tickets stood at ₹5,769.4 crore, an increase of 13.6% compared […]
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It will house 5,000 employees Infosys will invest ₹750 crore in the first phase to build a 2.7 million square feet facility to accommodate 5,000 employees in Uttar Pradesh’s Noida, neighbouring New Delhi, the company said in a statement. The U.P. government had allotted 27.5 acres of land for the new facility. Leveraging talent pool […]
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The revenue loss from the most recent tax cuts is estimated to be about 0.04%-0.08% of GDP annually Rating agency Moody’s on Monday said the recent Goods and Services Tax (GST) rate cuts on 88 items will weigh on government’s revenue collection and is ‘credit negative’ as it will put pressure on efforts of fiscal […]
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The 30-share Sensex touched a new intra-day high of 37,496.80 during the morning session The Indian benchmark equity indices continued their record-breaking spree to touch new highs on Monday before some amount of profit booking saw the indices fall off the highs. The 30-share Sensex touched a new intra-day high of 37,496.80 during the morning […]
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