Can India turn into a developed nation by 2047?
NITI Aayog’s governing council summit will see the Prime Minister and chief ministers discuss a plan for India to become a developed nation by 2047, the 100th year of Independence.…
LIC reduces stake in NHPC to 3.19%
Life Insurance Corporation of India (LIC) cut its holding in NHPC to 3.19% in the March quarter from 3.48% in the preceding quarter. LIC stated in its official report that it sold shares…
Back Oil trades steady as US debt ceiling risk drags on demand optimism; where are prices headed?
Oil prices were trading steady on May 22 as caution relating to US debt ceiling talks dragged on optimism over oil demand later in 2023. This phenomenon is likely to…
Back ITI wins ₹3,889 crore order from BSNL to rollout 4G network
Central public sector undertaking, ITI on Monday bagged an advance purchase order (APO) worth a whopping ₹3,889 crore from state-owned telecom services provider, BSNL for its 4G rollout. As part of…
Back BPCL Q4 results: OMC beats estimates, standalone PAT rises 159%; key highlights of earnings
Government-backed oil marketing company, BPCL surpassed the street's expectations in March 2023 quarterly earnings. The company posted a whopping 158.99% or 2.58 folds jump in standalone PAT to ₹6,477.74 crore in…
CBDT issues taxation guidelines for online gaming platforms
Online gaming platforms need not deduct tax at source on winnings withdrawn by players if the amount is less than ₹100 a month and meets certain riders, the Central Board of…
WhatsApp update will let people edit messages after they are sent
We’ve been hearing about a message editing feature in WhatsApp for years, but it’s never materialized. Interestingly, plenty of other messaging services have had this feature, so it’s been a real head-scratcher…
Adani Enterprises surge 19% after report finds no evidence of stock-price manipulation alleged by short seller
Adani Enterprises shot up 19% after a report found no conclusive evidence of price manipulation yet.Shares of billionaire Gautam Adani's flagship company had their best day since January. Earlier this year,…
Blackstone acquires International Gemological Institute
Private equity giant Blackstone Inc said it has fully acquired the jewellery certification firm International Gemological Institute (IGI) from China’s Fosun and the company’s founding family. Blackstone acquired IGI- whose…
Biden and McCarthy to meet on Monday as debt talks resume
U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt limit on Monday after a "productive" phone call as the president headed back to…
