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‘Consumers aren’t stupid’: Google lawyer rejects EU market abuse ruling

‘Consumers aren’t stupid’: Google lawyer rejects EU market abuse ruling

Billions of people use Google because it’s the best, not because of deals the company made to stay competitive, Google’s lawyer said on Friday, wrapping up a week of testimony as the US tech giant fights a record $5 billion antitrust fine. The European Commission hit Alphabet’s Google with aRead More

1,007 super-rich Indians see 51% rise in wealth; Adani leads with Rs 3.65 lakh crore: Report

1,007 super-rich Indians see 51% rise in wealth; Adani leads with Rs 3.65 lakh crore: Report

Breaking news, Business, India, Latest headlines, slider September 30, 2021 at 4:24 pm 0 comments

PTI, India produced 179 more super-rich people this year led by Adani Group’s Gautam Adani who amassed a whopping wealth of Rs 3,65,700 crore or more than Rs 1,000 crore daily, and the number of such individuals has crossed the 1,000-mark. Geographically, five more cities are home to super-rich takingRead More

Profit bookings, F&O expiry subdue equity indices; metals’ stocks fall

Profit bookings, F&O expiry subdue equity indices; metals’ stocks fall

Breaking news, Business, Latest headlines, slider September 30, 2021 at 4:19 pm 0 comments

Mumbai, Sep 30 Profit booking along with investors’ caution ahead of domestic macro-economic data pulled India’s key equity indices lower for the third consecutive session on Thursday. Besides, weak global cues dented investors’ sentiments while the monthly F&O expiry created some pressure on the market. Sector wise, realty and consumerRead More

SEBI approves creation of Social Stock Exchange, easier M&As

SEBI approves creation of Social Stock Exchange, easier M&As

Breaking news, Business, Latest headlines, slider September 28, 2021 at 4:35 pm 0 comments

Mumbai, Sep 28 Securities market regulator SEBI on Tuesday approved a slew of investor and business-friendly measures including creation of Gold and Social Stock Exchanges, amongst others. These decisions were taken by the SEBI board which met here. In a statement, the regulatory body listed the various decisions that wereRead More

India increasingly important for Germany due to Indo-Pacific role, says envoy

India increasingly important for Germany due to Indo-Pacific role, says envoy

Breaking news, Business, India, Latest headlines, slider, world September 27, 2021 at 3:59 pm 0 comments

India is an increasingly important partner for Germany because of its strategic role in the Indo-Pacific and the next government in Berlin is expected to continue a policy of working closely with New Delhi, German ambassador Walter Lindner said on Monday. Speaking shortly after the centre-left Social Democrats (SPD) claimedRead More

Aadhaar Authentication Made Mandatory For Claiming GST Refund. All You Need to Know

Aadhaar Authentication Made Mandatory For Claiming GST Refund. All You Need to Know

Breaking news, Business, Latest headlines, slider September 25, 2021 at 4:25 pm 0 comments

New Delhi: The government has made Aadhaar authentication of taxpayers mandatory for claiming GST refund, reported news agency PTI. The Central Board of Indirect Taxes and Customs (CBIC) has amended GST rules bringing in various anti-evasion measures, including disbursal of GST refunds only in the bank account, which is linkedRead More

Business News Roundup: September 20, 2021

Business News Roundup: September 20, 2021

Breaking news, Business, India, Latest headlines, slider September 20, 2021 at 4:27 pm 0 comments

  In our daily Business RoundUp, we raciptulate the biggest news stories of the day from the world of business, finance and economic policy. The idea is to enable a one-stop destination for everything that you must know. Today, we spoke to Amazon India about the allegations of bribery againstRead More

SBI reduces home loan rate to 6.70%

SBI reduces home loan rate to 6.70%

Breaking news, Business, India, Latest headlines, slider September 16, 2021 at 4:00 pm 0 comments

Mumbai, Sep 16 Lending major State Bank of India on Thursday launched credit score-linked home loans at 6.70 per cent, irrespective of the amount. Prior to the festive offer, a borrower availing a loan greater than Rs 75 lakh had to pay an interest rate of 7.15 per cent. “WithRead More

SC asks GST council to reconsider formula on input tax credit

SC asks GST council to reconsider formula on input tax credit

Breaking news, Business, Latest headlines, slider September 13, 2021 at 4:18 pm 0 comments

The Supreme Court on Monday asked the Goods and Service Tax (GST) Council to take a policy decision and reconsider the formula in view of anomalies pointed out by assesses in computation of input tax credit (ITC) in inverted tax structure. A bench of Justices D Y Chandrachud and MRead More

Elon Musk’s companies don’t care about rules, says Amazon

Elon Musk’s companies don’t care about rules, says Amazon

Breaking news, Business, Latest headlines, slider September 10, 2021 at 4:52 pm 0 comments

Tech billionaire Elon Musk’s companies do not care about rules, Amazon said this week before the Federal Communications Commission (FCC) in the dispute over the two companies’ plans to build rival satellite networks, media reports said. Amazon slammed Musk’s SpaceX as a serial rule-breaker and sent FCC officials a listRead More