NEW DELHI: A GST penalty of Rs 458.3 crore has been imposed on IndiGo by the additional commissioner of CGST (Delhi south commissionerate) on Monday. In a regulatory filing on BSE Tuesday, IndiGo said: “…The company strongly believes that the order passed by the GST department is erroneous and not in accordance with law, backed…
NEW DELHI: The Union Cabinet is likely to take up the AGR (Adjudted Gross Revenue) relief matter for Vodafone Idea on Wednesday, a measure that is seen as a lifeline for the loss-making telco, which has debt over of Rs 2 lakh crore. Vodafone Idea’s AGR dues are understood to be around Rs 83,000 crore,…
Artificial Intelligence (AI) could add as much as $1.7tn to India’s economy by 2035, positioning the technology as one of the country’s most powerful growth engines over the next decade, according to government estimates.The projection comes as India ramps up public investment and policy support for AI through initiatives such as the IndiaAI Mission, which…
Mumbai, VinFast-backed charging infrastructure firm V-GREEN on Tuesday said it has joined hands with Hindustan Petroleum Corporation Ltd (HPCL) to set up electric vehicle charging facilities at HPCL fuel stations across different markets. The agreement holds strategic significance as India accelerates its transition toward green transportation, the company said. The state-owned HPCL’s existing 24,400 retail…
Prime Minister Narendra Modi on Tuesday met eminent economists and sectoral experts to seek their views on the upcoming Budget, a senior government official said. The meeting started at 11am chaired finance minister Nirmala Sitharaman, Niti Aayog vice chairman Suman Bery, Niti Aayog CEO BVR Subrahmanyam, other members of the Aayog, economists and sectoral experts…
Shankh Airlines is likely to begin flight operations in the first half of January with an initial fleet of three Airbus aircraft, focusing on connecting Lucknow with Delhi, Mumbai and other metro cities, Chairman Shravan Kumar Vishwakarma said on Tuesday. The airline will also operate flights to destinations across Uttar Pradesh in its first phase,…
Greg Abel faces the challenge of taking over Berkshire Hathaway from the legendary Warren Buffett this week. Many regard Buffett as the world’s greatest investor after he grew Berkshire from a struggling New England textile mill that he starting buying up for $7.60 a share in 1962, to the massive conglomerate it is today with…
Fast-moving consumer goods distributors’ body AICPDF has urged the market regulator Sebi to pause the Initial Public Offerings (IPO) of loss-making quick-commerce companies. In a representation, the All India Consumer Products Distributors Federation (AICPDF) has urged Sebi “to consider immediate measures including a temporary pause on IPO approvals” for quick-commerce and closely related e-commerce companies…
Wall Street’s major indexes retreated slightly on Tuesday, as worries over valuations of artificial intelligence stocks lingered in the final days of 2025.Shortly after trading began, the Dow Jones Industrial Average lost 0.2 percent to 48,380.60 while the broad-based S&P 500 Index edged 0.1 percent lower to 6,901.00.The tech-focused Nasdaq Composite Index also pulled back…
Silver rate today: Silver prices climbed by Rs 1,000 to Rs 2.41 lakh per kilogram in the national capital on Tuesday, hitting a new all-time high with positive global sentiment and robust demand supporting prices, All India Sarafa Association date was quoted by PTI. The demand has been underscored by silver’s growing appeal as an…
