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Fiscal deficit touches 112.4% of budget target

i The government has budgeted to cut the fiscal deficit to 3.3 per cent of GDP or Rs 6.24 lakh…

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Posted in Finance

How Jeff Bezos lost out to billionaire Mukesh Ambani in poll-bound India

Amazon.com and Walmart Inc.’s plans to dominate India’s online retail landscape have been ambushed by Prime Minister Narendra Modi’s political…

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PNB Q3 net rises 7.12% to Rs 246.51 crore

Punjab National Bank (PNB) Tuesday posted 7.12 per cent increase in net profit at Rs 246.51 crore for its third…

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In 2 years, income tax payers to start getting refunds within 24 hours

The revenue department will put in place within two years a mechanism to ensure that all returns are processed within…

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India considers prepaid power as $5.7 billion of unpaid dues pile-up

India’s power retailers may need to start paying in advance for their electricity purchase in a bid to ease financial…

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Apple names third retail chief in seven years for post-iPhone era

Apple named its third retail chief in seven years, seeking to shake up store operations for a new era in…

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Microsoft invests in ‘Boring AI’ startup valued at $2.75 billion

Databricks, which says it makes software to help companies satisfy their “boring AI” needs, raised a new round of funding…