Finance
Government Waives Import Duty on Battery, Display Assembly Inputs to Boost Electronics Manufacturing
The Central Government has announced the removal of import duties on select components used in manufacturing batteries and display assemblies. The move aims to strengthen domestic electronics production, reduce manufacturing costs, and support India's 'Make in India' initiative.
1 day ago|Finance
India Inc's $3.4-Trillion Club: AI, IPL and Defence Emerge as New Wealth Creators
India's corporate wealth landscape is undergoing a major transformation, with artificial intelligence, the Indian Premier League (IPL), and the defence sector emerging as powerful engines of value creation. Together, these sectors are helping drive India Inc toward the coveted $3.4-trillion valuation milestone.
17 days ago|Finance
Banks Show Limited Interest in RBI’s VRR Auction Despite Declining Liquidity Surplus
Banks displayed muted demand at the Reserve Bank of India’s Variable Rate Repo (VRR) auction, even as surplus liquidity in the banking system declined. The outcome suggests lenders remain comfortable with their current funding positions.
22 days ago|Finance
Can a ₹2-Crore FD Cost You ₹30 Lakh? The Tax Calculation Many Investors Overlook
Fixed Deposits are considered one of the safest investment options, but many investors underestimate their tax impact. A ₹2-crore FD can potentially lead to a hefty tax liability, significantly reducing actual returns.
22 days ago|Finance
CNG Prices Hiked by ₹2, Now Costs ₹83.09 Per Kg in Delhi
CNG prices in Delhi have been increased by ₹2 per kg, taking the retail price to ₹83.09 per kg. The hike is expected to impact daily commuters and transport operators across the capital.
29 days ago|Finance
