Nine states might just have nominal growth rates higher than the country's 10.5%

Nine states might just have nominal growth rates higher than the country's 10.5%

According to an examination of budgets from 17 larger states that account for roughly 90% of the country's GDP, nine states expect growth rates higher than the 10.5% expected for the country in 2023-24. (GDP).  The average nominal...

New Business: New and successful business ideas

New Business: New and successful business ideas

I’m sure starting a business of your own has sometimes or the other crossed your mind. You must have imagined the freedom & creative liberty that comes with opening your own business. Additionally, you can feel inadequate in your...

IT Dept rolls out app for viewing annual info statement, taxpayer info summary

IT Dept rolls out app for viewing annual info statement, taxpayer info summary

The Income Tax department has launched a mobile app which will allow taxpayers to view their information available in the Annual Information Statement (AIS) and Taxpayer Information Summary (TIS). The app is called 'AIS for Taxpayer',...

Kotak Mahindra Bank raises Rs 300 crore through NCDs

Kotak Mahindra Bank raises Rs 300 crore through NCDs

These senior, rated, listed, unsecured, redeemable, longer-term fully paid up non-convertible connections in the nature of debentures have a coupon rate of 7.85% per annum. The instrument has a 7-year term starting on the date of allocation...

Consumer Inflation and Layoffs Impact Indian IT Spending Forecast, Says Gartner

Consumer Inflation and Layoffs Impact Indian IT Spending Forecast, Says Gartner

According to a report by Gartner, Indian companies will spend a little more money (0.5% increase) on technology in 2023 compared to the year before ($110.3 billion). The report also says that worldwide spending on technology is expected to grow by...

Banks arranged to pilot dollar settlement and clearing at IFSC

Banks arranged to pilot dollar settlement and clearing at IFSC

Banks in India are about to take the first step to examine the settlement process of dollars in the country. JP Morgan, a significant Wall Street bank, and an amount of other financial firms will conduct a pilot project over the coming months at...

Indian Acquired 100 patents for 6G Technology

Indian Acquired 100 patents for 6G Technology

Union Minister Jitendra Singh has urged firms to develop female leadership and explore potential in the ocean economy. According to IT and Communication Minister Ashwini Vaishnaw, Indian scientists, engineers, and academicians have obtained 100...

INR is Inching Forward Towards Becoming an International Currency

INR is Inching Forward Towards Becoming an International Currency

The Indian Rupee (INR) is now accepted for transactions in 18 countries around the world, indicating India's growing prominence on the global scene. Union Minister of State for Finance Bhagwat Kishanrao Karad informed Parliament on Wednesday...

Centre may delay IDBI Bank’s $4 bn nationalization plan

Centre may delay IDBI Bank’s $4 bn nationalization plan

The Union government may postpone the $4 billion IDBI Bank privatization scheme over concerns that the unprecedented market volatility could deter consumers, two people familiar with the matter said. “The market volatility and the frailty in...

Industry Trends that Are Shaping the Future Business Prospects

Industry Trends that Are Shaping the Future Business Prospects

It's not always easy to choose which of the latest business solutions to take seriously for investment and which to leave on the shelf when you're in charge of establishing new business chances that will attract potential clients and keep...

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