Markets opening bell: Sensex opens in green at 61,383; Nifty at 18,270 ABOUT THE AUTHOR Follow the latest breaking news and developments from India and around the world with Hindustan Times’ newsdesk. From politics and policies to the economy and the environment, from local issues to national events and globalContinue Reading
IDFC FIRST Bank on Saturday declared ZERO Fee Banking on savings accounts and waived fees on multiple banking services, including Passbook charges, NEFT charges, reports Live Mint. The bank said that customers maintaining as low as ₹10,000 Average Monthly Balance, and the ₹25,000 AMB savings account variant will get theseContinue Reading
Billionaire Mukesh Ambani-led Reliance will rival FMCG food businesses of ITC, Tata Consumer Products Ltd and Adani Wilmar with launch of brand ‘Independence’ for staples, processed foods, beverages and other daily essentials, analysts said. Reliance Consumer Products Ltd (RCPL), the newly set up FMCG arm of Reliance Retail Ventures LtdContinue Reading
Salesforce co-chief executive officer Marc Benioff has said that the employees hired during the Covid-19 pandemic in 2021 and 2022 are facing low productivity. He asked for a feedback on why such a situation had arisen. In a message sent to his employees on Slack, which was accessed by CNBCContinue Reading
A subsidiary of Taiwan’s Hon Hai Precision Industry will dispose of its indirect minority stake in China’s semiconductor giant Tsinghua Unigroup, the latest sign that Beijing’s chip industry is becoming increasingly isolated from the rest of the world. Hon Hai’s China-listed Foxconn Industrial Internet will sell the shares to YantaiContinue Reading
India’s foreign exchange reserves during the week that ended on December 9 rose by USD 2.91 billion to USD 564.07 billion, the Reserve Bank of India data showed. Notably, this is the fifth consecutive week of India’s rising foreign exchange reserves. During the week that ended December 2, the country’sContinue Reading
PTI | | Posted by Singh Rahul Sunilkumar The GST Council on Saturday agreed to decriminalise certain offences and doubled the threshold for launching prosecution to ₹2 crore, Revenue Secretary Sanjay Malhotra said. The Council could decide on only 8 out of the 15 agenda items due to paucity ofContinue Reading
John Carmack, the consulting Chief Technical Officer (CTO) of Meta-owned Oculus VR, is leaving the company, and complained later on social media that his internal post announcing resignation ‘got leaked to the press.’ To prevent the press from picking ‘few choice bits’ from the post, Carmack shared it on Facebook,Continue Reading
The forty-eighth meeting of the Goods and Services Tax (GST) Council began in New Delhi on Saturday morning, and is being chaired by Finance minister Nirmala Sitharaman. “Union Finance Minister Smt. @nirmalasitharaman chairs the 48th meeting of the GST Council via virtual mode, in New Delhi, today. Along with theContinue Reading
Centre has slashed the windfall profit tax levied on domestically produced crude oil and on export of diesel and Aviation Turbine Fuel (ATF). The new tax rates are effective from Friday. Revised Windfall tax rates Levy on crude oil produced by domestic companies- ₹1,700 per tonne from ₹4,900. Tax onContinue Reading