NEW DELHI: Haleon, formerly GSK Consumer Healthcare, will invest about Rs 2,000 crore (£175 million) to establish its first manufacturing facility in India and South Asia, as the UK firm doubles down on high-growth markets. The move follows the company’s recent investment in China, highlighting the increasing role of emerging markets, which account for about…
Cardless, a firm that has facilitated credit cards for brands like Qatar Airways and Alibaba, said it developed a payment card in conjunction with crypto exchange Coinbase (COIN) for stablecoin holders who are unable to obtain one through traditional channels. The Coinbase stablecoin-secured product is for situations where a regular credit card cannot be approved…
This financial year, India’s economic numbers might lose some points to the ongoing Middle East chaos. The conflict has dented consumer spending, as households are feeling the pinch of rising costs.Global analytics firm Fitch Ratings on Tuesday cut its FY27 GDP forecast for the country to 6.4% from 6.7% projected earlier. The ratings agency said…
Ex-TMC MP Sukhendu Sekhar Ray (File photo) NEW DELHI: Days after exiting the Trinamool Congress, Sukhendu Sekhar Ray on Monday made explosive claims about the Mamata Banerjee-led party and her previous government in West Bengal. The former TMC leader likened his former party to a “party of thieves, rapists” and made the startling claim that…
Rupee began Tuesday on a stronger note, rising 20 paise against the US dollar in early trade, supported by a easing oil prices and the US dollar index, after the pause in hostilities between the United States and Iran. According to forex traders, the domestic currency opened on a stronger footing after Israel and Iran…
Industry participants said a bullion trade body has proposed that banks use gold bars refined from dore instead of importing fresh gold for issuing GMLs to jewellers. (AI image) In a move that may possibly be a sign of upcoming measures on gold, the finance ministry has directed bullion-importing banks to furnish detailed information on…
The project aims to deliver all-weather connectivity through one of the most difficult Himalayan stretches. (Image source MEIL/ANI) Zoji La tunnel, said to be the world’s longest single-tube bi-directional road tunnel at such a high altitude, has achieved a major milestone on Tuesday. The 13.153-km-long Zoji La Tunnel saw breakthrough which marked a landmark moment.The…
Let’s understand what is Form 16, what does it tell the taxpayer, and where can employees get it from: (AI image) ITR filing FY 2025-26: The tax returns filing season is here and ahead of the July 31, 2026 deadline, taxpayers are compiling important documents that are needed every year to file the income tax…
For all the focus on bitcoin’s order flow, the event that decides the next move might just be sitting in equities. Major market-maker Wintermute said in a Tuesday note that a catalyst for bitcoin and the broader crypto market is SpaceX’s stock market debut on June 12. The listing is gauge of retail and risk…
Kakoli Ghosh Dastidar and Kalyan Banerjee (File photo) NEW DELHI: With Trinamool Congress staring at its biggest possible rupture, party MP Kalyan Banerjee came out all guns blazing against the rebel camp led by Kakoli Ghosh Dastidar. Calling the dissidents “desperate”, he accused them of betraying party boss Mamata Banerjee and alleged that BJP was…
