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Business
Union Budget: Govt To Do Away With ‘Halwa’ Ceremony This Year
New Delhi: The budget session will go ahead this year without the traditional ‘halwa’ ceremony — that marked the beginning of printing of budget documents — in light of the COVID-19 situation, the Ministry of Finance said on Thursday.…
Lok Sabha, Rajya Sabha To Have Different Timings For Budget Session; Know Why
New Delhi: There will be separate 5-hour time slots each for Lok Sabha and Rajya Sabha for meetings during the Budget Session beginning on January 31. This is aimed at ensuring COVID distancing norms during the session.
The lower house…
Air India To Become Tata-Owned Company This Week
New Delhi: Air India will be handed over to the Tata Group this week with the government deciding to disinvest it on January 27.
"The closing balance sheet as on January 20 is to be provided on Monday so that it can be reviewed by Tata and…
Reliance Industries Registers Record Profit In Q3 FY22
Mumbai: Reliance Industries Limited (RIL) posted record financial performance for the quarter ending December 31, 2021 with the revenues touching all time high of Rs 209,823 crore.
The company, in a release, stated that it reported its…
RBI Likely To Raise Policy Rates For High Inflation This Year, Says Anand Rathi Report
Bhubaneswar: In view of rising inflation, the RBI is likely to raise the policy rate by upto 100 basis points (bps) in near future.
While the retail inflation went up to 5.6% in December 2021, food inflation jumped to 4% and core inflation…
Centre’s 1st ‘Innovation Week’ Of Startup India To Take Off Tomorrow
New Delhi: The virtual week-long celebration of Startup India, 'Innovation Week', with participation of at least one startup project from each state, will take off on Monday.
According to a release of the Commerce and Industry Ministry,…
Odisha Advocates’ Body Issues Legal Notice To CBDT For Not Extending ITR Deadline
Bhubaneswar: The All Odisha Tax Advocates Association (AOTAA) has issued a legal notice to the Central Board of Direct Taxes (CBDT) for not extending deadline for filing income tax return (ITR) for the assessment year 2021-2022 and imposing…
Price Rise, Not A Good Way To Herald New Year; Check Which Items Will Get Dearer In 2021
Bhubaneswar: Consumers will feel a further strain on their wallets during grocery shopping trips and even while dining out in 2021.
Rising input costs are forcing companies across sectors - food, cement and FMCG - to increase prices. Its…
Punit Goenka To Lead Zee-Sony Merged Entity As MD & CEO
Mumbai: Entertainment major Zee Entertainment Enterprises’ (ZEE) board of directors approved the binding agreement with Sony Pictures Entertainment’s subsidiary, Sony Pictures Networks India (SPN), a day after the 90-day exclusivity period…
Centre Refutes Speculation On LIC’s Public Offer, Says IPO On Course
New Delhi: The Central government on Sunday refuted the reports in a certain section of media doubting the feasibility of the initial public offer (IPO) of the Life Insurance Corporation (LIC).
Secretary, Department of Investment and…