Saudi Arabia allows visitors from 48 countries to directly convert their driving licenses without a driving test/ Representational Image Just touched down in Saudi Arabia and eager to get behind the wheel? Whether you’re planning to navigate Riyadh’s busy streets or take a leisurely drive through Jeddah, your first step is to figure out if…
Manufacturers of smartphones, laptops, televisions and major appliances have indicated plans to hike prices. (AI image) Consumers may soon have to brace for higher prices! The depreciation of the rupee beyond Rs 90 against the US dollar could force various sectors including consumer electronics, beauty products, and automobile manufacturers to increase their prices. This increase…
NEW DELHI: Income-tax refunds are facing unusual delays this assessment year, with tax professionals flagging longer processing times even for routine filings. CBDT data shows personal income-tax refunds have fallen to Rs 88,548 crore by early November, compared to Rs 1.42 lakh crore a year earlier. Total refund outgo up to November 10 stands at…
Since April 2, following Trump’s reciprocal tariff announcement, the currency has depreciated by 5.5%. (AI image) The rupee continued its downward journey against the US dollar on Thursday, slumping to a record low of 90.43 in early trade. The Indian rupee crossed the significant 90-level barrier against the US dollar on Wednesday, reaching an intra-day…
Market analysts anticipate range-bound trading in the short term, with focus on currency movements, RBI policy signals, and trade talk progress. (AI image) Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in red on Thursday. While Nifty50 was below 26,000, BSE Sensex was down nearly 100 points. At 9:19 AM, Nifty50…
Jaguar Land Rover has reportedly removed its long-time design chief Gerry McGovern in a sudden and unexpected move, just days after P B Balaji stepped in as the new CEO. According to AutoCar India, McGovern, 69, was asked to leave on Monday. The reason for his dismissal is not clear.The development brings an abrupt close…
MUMBAI: Reliance Retail Ventures has appointed former Flipkart executive Jeyandran Venugopal as president & CEO as the company prepares for an IPO.Jeyandran’s mandate is to strengthen the retail portfolio, accelerate omni-channel growth and drive technical and operational excellence. He will work closely with Isha Ambani, executive director at Reliance Retail Ventures and the leadership team…
NEW DELHI: India will lead sales of scotch globally as rising disposable incomes and lower import duty — once the India-UK Comprehensive Economic and Trade Agreement (CETA) comes into play — will spur demand and drive greater engagement between whisky companies of the two countries, the top body representing Scotch whisky makers has said.The Scotch…
MUMBAI: The rupee broke the psychologically crucial 90 mark against the US dollar for the first time and slid to an intra-day low of 90.29 against the greenback on Wednesday before settling 32 paise below Tuesday’s close at 90.19, extending a decline that now threatens to spill over into the wider economy.The currency has weakened…
MUMBAI:Stock markets extended their losing run to the fourth consecutive day on Wednesday as persistent foreign fund outflows and the rupee breaching the psychological 90-to-dollar low hit investor sentiment, dragging the benchmark sensex down by 31 points. The 30-share index settled at 85,107 points.It opened lower and dropped further by 375 points to hit a…
