News Gate India

[ad_1] Coal (Picture credit: Lexica AI) NEW DELHI: India’s coal imports increased by 2 per cent to 182.02 million tonnes (MT) during the April-November period of this financial year, compared to 178.17 MT in the corresponding period last year, as per the data from mjunction Services Ltd.However, imports for November dropped to 19.57 MT, down…

[ad_1] Indian metal companies are gearing up for expansions in the current fiscal year, with a strong emphasis on growing domestic demand despite global trade headwinds, including the tariffs recently imposed by the United States. Major players such as Vedanta, JSW Steel, Hindustan Zinc, and NALCO are focusing on India’s robust demand, the global competition…

[ad_1] McDonald’s has announced crucial changes to its diversity, equity, and inclusion (DEI) policies, joining a growing list of companies pulling back on such initiatives. The fast-food giant cited the US Supreme Court’s July 2023 ruling, which also banned affirmative action in college admissions, as a key factor influencing its decision.The Chicago-based burger chain will…

[ad_1] BENGALURU: Worldwide IT spending is expected to touch $5.6 trillion this year, an increase of 9.8% from last year, a forecast by Gartner showed.“While budgets for CIOs are increasing, a significant portion will merely offset price increases within their recurrent spending,” said John-David Lovelock of Gartner. “This means that, in 2025, nominal spending versus…

[ad_1] NEW DELHI: InterGlobe Aviation, the parent company of IndiGo, has been issued a penalty of Rs 944.20 crore by the Income Tax Department for the assessment year 2021-22. The airline, however, has rejected the order, calling it “erroneous and frivolous,” and has vowed to challenge it through legal means.IndiGo to challenge tax orderThe penalty…