Business

Windfall gains tax cut: Excise duty on diesel exports down to Rs 23/litre, ATF exports to Rs 33/litre

In a statement, the Finance Ministry also announced that the road and infrastructure cess on diesel exports will be waived…

4 months ago

StanChart to sell select credit cards biz to Federal Bank

Federal Bank is set to acquire a credit card portfolio of approximately 4.5 lakh cards from Standard Chartered Bank, India.…

4 months ago

Amazon’s quick-commerce monthly orders up 25%, scale gaps stay

Amazon's ultrafast delivery service, Amazon Now, is seeing impressive growth in India, with orders climbing 25% monthly. Prime members are…

4 months ago

Bombay high court sets aside 1,500 crore IGST demand against Tata Sons

Bombay High Court has quashed a Rs 1,524 crore IGST notice issued to Tata Sons. The court ruled that Docomo's…

4 months ago

State-run banks hire over 50,000 in FY26, a rise of 33%

Public sector banks significantly boosted their workforce in the last financial year, hiring 50,552 employees, a 33% increase from the…

4 months ago

Rupee breaches 95 intra-day as crude leaves markets guessing

The rupee hit a record low of 95.33 against the dollar on Thursday, driven by surging crude oil prices and…

4 months ago

Safe haven: RBI brings back another 104MT of gold

India's central bank significantly boosted its gold reserves, bringing back 104 metric tonnes domestically between October 2025 and March 2026.…

4 months ago

FDI inflows likely to have crossed $90 billion in FY26

India's foreign direct investment is projected to surpass $90 billion in 2025-26, marking a significant increase driven by enhanced investor…

4 months ago

HUL raises prices as war inflates input costs

Hindustan Unilever (HUL) has implemented price hikes of 2-5% due to 8-10% cost inflation, primarily driven by soaring oil prices…

4 months ago