A sharp increase in taxes on cigarettes, along with a new excise duty structure on tobacco products, could trigger a surge in illicit trade and lead to significant revenue losses for the government, experts have warned.Earlier this week, the finance ministry notified amendments to the Central Excise Act, introducing a fresh excise duty ranging from…
Mis-selling continues to be a key concern in the insurance sector, with the regulator asking insurers to dig deeper into the root causes behind such practices, according to the latest annual report of the Insurance Regulatory and Development Authority of India (Irdai).While the total number of grievances against life insurers remained largely unchanged at 1,20,429…
Shashi Tharoor, Shaina NC (File photos) NEW DELHI: Senior Congress leader Shashi Tharoor on Sunday weighed-in on the US strikes on Venezuela, a day before, calling it “law of the jungle”.The US carried out multiple airstrikes on Venezuela early Saturday, triggering explosions across Caracas and paving the way for the capture of President Nicolás Maduro…
Bitcoin could be getting ready for a rally toward $94,500, but higher levels are expected to attract selling by the bears. Source link
Uddhav Thackeray and Raj Thackeray jointly unveiled their manifesto, ‘Vachan Nama’ (ANI image) NEW DELHI: Shiv Sena (UBT) chief Uddhav Thackeray and Maharashtra Navnirman Sena (MNS) president Raj Thackeray on Sunday jointly unveiled their manifesto, ‘Vachan Nama’, for the upcoming Brihanmumbai Municipal Corporation (BMC) elections scheduled for January 15. This marks a major step in…
Indian equity markets are likely to take cues from a busy calendar of macroeconomic data, global developments and foreign investor activity in the week ahead, according to market analysts Markets are entering a data-heavy phase both in India and overseas, coinciding with the early part of the earnings season. Ajit Mishra, SVP, Research at Religare…
Adani Group officially commences 570 MW Wangchhu hydro power project in Bhutan Adani Group officially commences 570 MW Wangchhu hydro power project in Bhutan Adani Group officially commences 570 MW Wangchhu hydro power project in Bhutan Adani Group officially commences 570 MW Wangchhu hydro power project in Bhutan Adani Group officially commences 570 MW Wangchhu…
US Representative Ritchie Torres is preparing to introduce legislation aimed at curbing insider trading on prediction markets, following scrutiny around a highly profitable wager tied to the reported sudden capture of Venezuelan President Nicolás Maduro. In a Sunday post on X, Punchbowl News founder Jake Sherman said Torres plans to introduce the Public Integrity in…
NEW DELHI: The Bangladesh Nationalist Party (BNP) thanked Prime Minister Narendra Modi for his condolence message on the death of former Bangladesh prime minister Khaleda Zia, recalling her role in strengthening India-Bangladesh relations.“We sincerely appreciate your message of condolence and remembrance, Honourable @narendramodi. Begum Khaleda Zia’s contributions to Bangladesh–India relations will be remembered,” the BNP…
Last week, Indian equity markets ended on a firm note, pushing up the combined market value of seven of the country’s ten most-valued companies by Rs 1,23,724.19 crore. The rally was led by Reliance Industries, which emerged as the biggest wealth creator during the period. The positive sentiment was reflected in the benchmark indices as…
