Government tweaks GST rules for claiming input tax credit
GST taxpayers will be required to reverse by November 30 the input tax credit (ITC) claimed in the last fiscal in case their suppliers fail […]
Day: December 27, 2022
Banks’ consolidated balance sheet hits double-digit growth in FY22: Report
The consolidated balance sheet of Indian banks notched double-digit growth in 2021-22, after a gap of seven years, led by credit growth that accelerated to […]
India plans $2 billion incentive for green hydrogen industry: Report
India is planning a $2 billion incentive programme for the green hydrogen industry, three sources told Reuters, in a bid to cut emissions and become […]
Startups will attract significant FDI in 2023: DPIIT secretary
he country’s startups will attract significant foreign direct investments (FDI) in 2023 on account of steps being taken by the government to strengthen the ecosystem […]
Modi’s building boom setting up India as global steel savior
India, which also saw a similar expansion this year, overtook the US to become the world’s No. 2 steel consumer after China a couple of […]
Domestic indices rise as China further eases Covid curbs
Indices opened higher on Tuesday, led by gains in metals stocks, after China announced it will further ease its strict Covid-19 restrictions bolstering expectations of […]
Oil rises in thin trade on concerns over US storm impact
Oil prices rose in light trade on Tuesday on concerns that winter storms across the United States are affecting logistics and production of petroleum products […]
IT majors under pressure from global eco troubles
Recent management commentaries by IT companies show the impact of global macroeconomic pressures. HCL, in a recent investors’ meeting, said that it will achieve the […]