Finance Minister Nirmala Sitharaman in her speech presenting Budget 2024, abolished Angel tax to boost startup on July 23.
View More Union Budget 2024: Angel tax abolished to boost startup
The Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023-24 on July 22. The survey conservatively projects real GDP growth of 6.5–7%, with risks evenly balanced, cognisant of the fact that the market expectations are on the higher side.
View More India Economic Survey 2023-24: Real GDP growth projected at 6.5–7%
Retail inflation, after averaging 6.7% in FY23, declined to 5.4% in FY24, thanks to effective administrative and monetary policy responses. Food inflation rose from 6.6% in FY23 to 7.5% in FY24
View More Economic Survey 2023-24: Core inflation at 9-year low; Food inflation increased
Reliance Industries, India’s largest conglomerate by market value, announced its financial results for the first quarter of the fiscal year 2024-25. The earnings revealed a mixed performance across its various segments.
View More Reliance Industries Reports Mixed Financial Results for Q1FY25
A significant disruption in Microsoft’s cloud services led to widespread flight cancellations and delays globally, including in India. The outage impacted multiple airlines, grounding planes and disrupting operations at Delhi and Mumbai airports.
View More Microsoft cloud services outage: Delays, flight cancellations globally
The event is jointly organized by the Cellular Operators Association of India (COAI) and the Department of Telecommunications (DoT) of the Government of India.
View More India Mobile Congress 2024: Eighth Edition theme launch unveiled in New Delhi
Highlighting the sector’s potential for growth and self-reliance, Basu emphasized, “We need an ecosystem that nurtures innovation and quality standards in Ayurveda.”
View More Budget 2024: Dr Basu advocates for AI-integrated healthcare
The company’s Q1 FY25 net profit fell by 24.54% to Rs 1,170 crore from Rs 1,550.37 crore in the same period last year. This decline was steeper than analysts’ estimates.
View More Asian Paints reports 25% drop in Q1 FY25 net profit
Reliance has quietly launched a new smart tracker called JioTag Air. This is their second tracker and comes with more features than before.
View More JioTag Air: New smart tracker by Reliance
Bajaj Auto has introduced a groundbreaking advancement in the realm of two-wheelers with the launch of the Bajaj Freedom 125.
View More Bajaj Auto unveils Freedom 125: India’s First CNG Motorcycle