"The Indian equity markets are witnessing a sharp decline today,...
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HMPV not deadly, no evidence of mortality or severe spread: Dr Raman Gangakhedkar
“We can say HMPV is definitely not deadly. Most infections are...
FIU-IND signs MoU with Irdai for enhanced coordination, information exchange
(L to R) Satyajit Tripathy, Member (distribution), Irdai and Vivek...
China delays retirement of employees as population ages, exchequer runs dry
"The delayed retirement policy reflects that social welfare expenditures related to retirement and old age have become a heavy burden on the central government's financial expenditure, so it delays retirement to minimize this, its pay pressure," said Wu Jialong, a...
Shanghai to lock down in two stages for testing as COVID cases spike
The city houses factories belonging to the likes of Tesla , Volkswagen and the country's largest chipmaker SMIC, as well as the mainland China headquarters of many international companies China reported a total of 4,448 new asymptomatic infections on March 26, up from...
Lamborghini sees ‘huge’ opportunity in India with rising number of HNIs
``What we can see in the Indian market is that we have more and more ultra high net-worth individuals entering the market… We already have the second generation of ultra high net-worth individuals, and their average age is younger than other countries,'' Winkelmann...
IMF prescribes tax raise, social safety measures to Sri Lanka for financial stability
Saying that the country was hit hard by the COVID-19 pandemic, the report highlighted that the country was highly vulnerable to external shocks owing to inadequate foreign currency reserves and high risks to public debt sustainability, exacerbated by the 'Easter...
FPI outflow shoots past Rs 1 lakh crore mark in 2022
Foreign portfolio investors have sold domestic equities worth Rs 48,261.65 crore so far this month, taking the year-to-date tally this year to a massive Rs 1,14,855.97 crore, according to depositories data. The exodus of foreign investors was largely owing to...
Carbon-based taxation system to help OEMs commit more towards green tech: Lexus
''We have seen in developed nations that carbon-based taxation has taken precedence over any other way to define vehicle taxation policies that we think solves many purposes,'' Lexus India President Naveen Soni told PTI in an interaction A carbon-based taxation system...
Indian airlines operators expected to add 120 new aircraft/year: Scindia
''India is looking at tremendous expansion. Expansion in the area of airlines, expansion in the area of airports. And therefore, fleet augmentation is also important. A country that had a fleet of only 400 aircraft in the year 2013-14 has grown to a fleet of 710...
Number of vehicles on Delhi roads increased by 3.03 pc in 2020-21 over previous year: Report
The report said of the over 1.22 crore vehicles, 82,39,550 are two-wheelers while 33,84,736 are cars and jeeps The city also has 1,14,869 autorickshaws and 1,12,401 taxis New Delhi: The total number of vehicles in the national capital increased by 3.03 per cent in...
LS passes Finance Bill; completes budgetary exercise for FY23
The number of taxpayers has increased to 9.1 crore from 5 crore a few years back, she said, adding the government is taking steps to widen the tax base and the faceless assessment has been received well by the people She further said that IFSC in Gujarat is making...
EU-U.S. data transfer deal cheers business, but worries privacy activists
"A new agreement will provide companies of all sizes the legal certainty to transfer, analyze, and use data on both sides of the Atlantic. The ability to move data is critical in today’s digitally connected economy," said U.S. Chamber of Commerce Executive Vice...