Business

New Delhi: Automaker Maruti Suzuki India Ltd Friday said it has received a demand of Rs 779.2 crore, including interest from the Income Tax authority. The company has received a final assessment order for the financial year 2019-20 from the Income Tax authority, Maruti Suzuki...

New Delhi: Revenue Secretary Sanjay Malhotra Friday said the rationalisation of the capital gains taxes on various asset classes in the FY25 Budget is a tax simplification measure as sought by the industry and not to augment revenue. Addressing members of the industry chambers CII...

Mumbai: Benchmark Sensex rebounded by 1,293 points while broader Nifty shot up nearly 2 per cent to a record high Friday, cutting short the five-day losing streak on heavy value-buying at lower levels and a rally in blue-chips like Reliance Industries. The 30-share BSE Sensex...

Bhubaneswar: With potato prices touching Rs 50 a kilogramme due to "inadequate" supply from neighbouring West Bengal, the Odisha government Friday said it was contemplating to procure potato from Uttar Pradesh. This was stated by Food Supplies and Consumer Welfare Minister Krushna Chandra Patra after...

New Delhi: In yet another success story of India’s local manufacturing push, iPhone maker Apple has achieved record exports numbers in the April-June quarter in the country, reaching around $3.8 billion. Riding on the government’s production-linked incentive (PLI) scheme, Apple reached a new all-time high...

New Delhi: In a setback to the Centre, the Supreme Court Thursday held that states have the legislative competence to impose taxes on mines and minerals-bearing lands under the Constitution. In a majority verdict of 8:1, a nine-judge Constitution bench held that royalty payable on...

Bhubaneswar: An investment of over Rs 25,000 crore is planned by the company in various upcoming projects as well as expansion of already existing industries in the state, said Hindalco Industries Limited Odisha president Ardhendu Mohapatra during a meeting with Deputy Chief Minister KV Singh...

Sending large files by email can be hectic due to the set limit. That’s a major hurdle that many professionals face. This limitation can lead to frustration, wasted time, and missed opportunities, which is quite troublesome since 4.48 billion people worldwide use email to share...

Bhubaneswar: Odisha's economy is estimated to grow at 8.5 per cent in 2023-24 as per advance estimates in comparison to 7.9 per cent growth in 2022-23, according to Economic Survey Report 2023-24. The report tabled in the state Assembly Wednesday said the growth, however, was...

Bhubaneswar: The Union budget has allocated Rs 10,586 crore for the development railway sector in Odisha for the 2024-25 financial year, an official release said. Between 2009 and 2014, when the UPA was in power at the Centre, the state received Rs 838 crore on...