Business

[ad_1] New Delhi: The Indian pay-to-play online skill gaming industry is facing challenges with the recent GST tax amendments imposing a 28 per cent duty on deposits. The excessive tax liability has created adverse effects, including funding shortfalls, slower growth of companies in the emerging sector, job losses and increased …

[ad_1] Mumbai: Job creation was at an 18-year high in June as activity in the manufacturing and services sectors picked up. The composite preliminary purchasing managers' index (PMI) for the manufacturing and services sectors rose to 60.90 in June from 60.50 in May. Due to the strong activities in the …

[ad_1] Mumbai: Cryptocurrencies witnessed a sell-off in the market after the dollar strengthened against global currencies. The leading crypto Bitcoin fell by more than $2,500 in the last twenty-four hours and was trading at $63,775 late in the evening. Other cryptos including Ethereum also softened behind Bitcoin. Ethereum's price was …

[ad_1] Market regulator, Securities and Exchange Board of India (SEBI), has imposed certain additional measures along with enhanced monitoring due to concerns over listing price rises after IPOs. So that such irregularities can be stopped. These rules will be implemented within three months When any stock is listed, a one-hour …

[ad_1] Fintech startups such as Cred, PhonePe, BillDesk and Infibeam Avenues are facing significant disruption due to the regulation requiring the issuance of credit card bill payments through a centralised billing network. The rule will come into effect from July 1. India's largest card issuer HDFC Bank with 20 million …

[ad_1] The market capitalisation of mid-cap and small-cap companies, in terms of their share in the total market value, reached record levels in May, driven by strong sentiment from domestic investors towards the mid-cap and small-cap segments. However, mutual fund managers themselves are warning that such a situation is dangerous. …

[ad_1] Last Wednesday, the Union Cabinet approved the all-weather greenfield deep draft major port at Wadhawan in Maharashtra at a cost of Rs 76,220 crore. The port will be counted among the top ten ports in the world when construction is completed. The Vadhavan Port project will be implemented under …

[ad_1] This year, new tracks will be laid at a cost of Rs 50 thousand crore. So that India's huge railway network can be equipped with safe and fast tracks, for the last few years the central government has been continuously increasing the budget for laying new tracks. Then this …

[ad_1] A big controversy has arisen over the changes in the work suggested in the general meeting of Ahmedabad District Panchayat. The committee members have claimed that they have taken approval in the general meeting in this regard, although there is a chamber for the chairman of the executive committee, …

[ad_1] Mumbai: Gold and silver prices rose in Mumbai's jewellery market today. News from the world market was encouraging. Domestic new sales have slowed due to the global economy. Gold prices in the world market rose from 2341 to 2368 to 2363 to 2364 dollars per ounce. In the domestic …