Business News

Fighter Jets Will Soon Be Able To Land On Dibrugarh-Jorhat Highway: CM Sarma

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Guwahati: Assam Chief Minister Himanta Biswa Sarma said on Thursday that fighter aircraft will soon be able to land on the state’s national highways. The state administration is preparing to facilitate this development later this year. Addressing the media after a Cabinet meeting in Dibrugarh on Thursday, CM Sarma said, “We are upgrading the national […]

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PMAY Brings Smiles To Samastipur As Beneficiaries Receive Keys To Their New Homes

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Samastipur: A wave of happiness swept across Samastipur as 35,114 beneficiaries of the Pradhan Mantri Awas Yojana (PMAY) received the first installment of funds to build their homes, marking a significant milestone in Bihar’s housing programme.   Chief Minister Nitish Kumar distributed the first installment and handed over the keys to 4,509 lucky recipients, bringing dreams

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Tesla Tumbles Again As Investors Bail On Elon Musks Suddenly Struggling Electric Vehicle Company

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New York: Shares of Tesla are sliding again Monday as confidence in Elon Musk’s electric car company continues to disintegrate following a post-election “Trump bump”. In afternoon trading Monday, Tesla shares fell $36.66, or 14%, to $226.11. That’s the lowest Tesla shares have traded since late October, reflecting investors’ newfound pessimism as the automaker’s sales

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Lower GST Rates Coming Soon? FM Nirmala Sitharaman Hints At Changes

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New Delhi: Finance Minister Nirmala Sitharaman announced on Saturday that GST rates will be reduced further, with the tax rationalisation process now in its final stages. She highlighted that the Revenue Neutral Rate (RNR) has already decreased significantly—from 15.8 per cent in 2017 to 11.4 per cent in 2023—and is expected to drop even more

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Automobile Retail Sales Drop 7% In Feb Amid Slowing Demand: FADA

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New Delhi: Automobile retail sales across categories, including passenger vehicles and two-wheelers, witnessed a drop of 7 per cent in February amid declining demand, dealers’ body FADA said on Thursday. Overall retail sales in the domestic market stood at 18,99,196 units last month, registering a dip of 7 per cent compared to 20,46,328 units in

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GST Rule Change: Promoters, Directors Allowed To Opt For Biometric Authentication In Their Home State

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New Delhi: The Goods and Services Tax Network (GSTN) has announced its latest advisory regarding Enhancements in Biometric Functionality. In the advisory issued on 3 March 2024, GSTN has said that Directors can opt for biometric authentication in their home state. New GST registration applicants who opt for Aadhaar authentication are required to undergo the

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Indias Coal Production In February Sees 5.73% Growth, Reaches 928.95 Mt

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New Delhi: India’s coal production for the month of February reached 928.95 million tonnes (MT), reflecting a 5.73 per cent increase compared to 878.55 MT in the same period last year, the Ministry of Coal said in a release on Saturday. As per the ministry, India’s coal sector continues its strong performance with significant growth

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8th Pay Commission: From HRA To Pension Allowance, Check How Much Was Approved By Cabinet Under 7th Pay Commission?

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New Delhi: The Union Cabinet had approved recommendations of 7th CPC on allowances with 34 modifications – revised rates effective from July 1, 2017, thus benefitting 34 lakh civilian employees and 14 lakh defence forces personnel. 7th CPC examined 197 allowances, recommending abolition of 53 allowances and subsuming 37 in others. The 7th CPC recommended

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