A $590 billion India rally faces earnings, retail selling tests
MUMBAI: A $590 billion stock rally in India since late March is at risk of faltering as earnings face headwinds and retail investors pull back amid stretched valuations.Key gauges in India hit records ...
28% GST to be levied on full value of gaming, horse racing, casinos
NEW DELHI: The GST Council on Tuesday agreed to levy a 28 per cent tax on online gaming, casinos and horse racing and the tax would be levied on full face value. West Bengal finance minister Chandrima ...
Lounge excess to crunch: International flyers feel the pinch at Delhi Airport’s T3
NEW DELHI: A vast majority of international travellers booking business and first class tickets for a comfortable journey get the experience they paid for only after boarding aircraft at Delhi Airport ...
Russian oil discount shrinks 87% to $4/barrel as sellers game shipping, insurance to skirt G7 price cap
NEW DELHI: The love affair with Russian oil appears to be losing its charm for Indian refiners as discounts have shrunk to $4 per barrel from peaks of $25-30, with sellers going dark on shipping rates ...
Ant to buy back shares at 70% lower valuation than at IPO
Jack Ma-backed Ant Group Co is proposing to buy back as much as 7.6% of shares in an effort to retain talent and offer an exit for investors ensnared by a years-long regulatory crackdown at the compan ...
India best-performing nation in South Asian region in terms of trade facilitation: UNESCAP
NEW DELHI: India is now the best-performing nation amongst all the countries of South Asian region in terms of trade facilitation, as per the United Nations Economic and Social Commission for Asia Pac ...