Business

[ad_1] The government on Friday denied reports suggesting GST levying on UPI transactions exceeding Rs 2,000, calling such claims “completely false, misleading, and without any basis.”In an official statement, the finance ministry said, “Currently, there is no such proposal before the government,” dismissing concerns that had surfaced earlier.The ministry also clarifyed the tax framework, explaining…

[ad_1] Indian markets wrapped up the trading week on a high note, with benchmark indices BSE Sensex and Nifty50 registering gains of over 6 per cent in the last four sessions.This spike was fueled by a combination of returning foreign investment, eased inflation, and hopes for a favourable monsoon season that helped lift investor confidence.The…

[ad_1] India’s foreign exchange reserves rose by $1.567 billion to reach $677.835 billion for the week ending April 11, the Reserve Bank of India said on Friday. The reserves have shown continuous growth for sixth consecutive week.The overall forex kitty witnessed an increase of $10.872 billion, reaching $676.268 billion in the previous reporting week ended…

[ad_1] India’s growth of becoming a global powerhouse in the automobile industry is being slowed down by a lack of innovation, according to a new report by NITI Aayog.The report further noted that this drawback was mainly due to inadequate infrastructure in research and development as India’s spending on the sector remains among the lowest…

[ad_1] The US Equal Employment Opportunity Commission (EEOC) is investigating dozens of allegations that Tata Consultancy Services (TCS), India’s largest IT outsourcer, discriminated against its American workers based on age, race, and national origin. The claims primarily come from professionals over the age of 40, many of whom say they were targeted in layoffs while…

[ad_1] NEW DELHI: Two more Gensol Engineering independent directors, Harsh Singh and Kuljit Singh Popli, have tendered their resignations amid the company facing allegations of misuse of funds, according to a regulatory filing on Thursday. On Wednesday, Gensol Engineering’s independent director, Arun Menon, resigned, saying there was growing concern on leveraging its balance sheet to…

[ad_1] US stocks churned as traders poured through the latest batch of earnings reports while trying to gauge the impact of US President Donald Trump’s tariff offensive and invectives directed at the head of the central bank. The Dow Jones index fell 1.3%, while S&P 500 gained 0.2%, and the Nasdaq lost 0.2% intraday. Focus…

[ad_1] MUMBAI: Nothing Before Coffee (NBC), has raised $2.3 million in a Pre-Series A funding round, led by Prath Ventures. The round also saw participation from SYL Investments.The funds will be used to expand the firm’s store footprint, invest in supply chain optimisation and experiment with new store formats. Founded in 2017 in Jaipur by…

[ad_1] Against the backdrop of global debates surrounding diversity, equity, and inclusion (DEI), CEAT, a flagship company of the RPG Group, is stepping up its efforts to implement women-centric and diverse policies in the traditionally male-dominated manufacturing sector. With a goal of achieving gender diversity of 25% on the shop floor and 20% at the…

[ad_1] UnitedHealth Group (UNH) stock tumbled 19% Thursday after the company drastically cut its 2025 earnings forecast, citing significantly higher-than-expected medical costs tied to a surge in demand for outpatient and physician services within its Medicare Advantage plans.The insurer now expects adjusted earnings per share to fall between $26 and $26.50, well below its earlier…