4 min read Last Updated : Jul 08 2024 | 11:54 PM IST India is preparing a draft legislation on the global minimum tax for multinational enterprises (MNEs) which could be proposed in the Union Budget, to be presented on July 23, and pave the way for changes to the country’s tax laws, said two…
Russian President Vladimir Putin on Monday night hosted a private dinner for Prime Minister Narendra Modi hours after he arrived in Moscow on a two-day high-profile visit in his first trip to Russia since its invasion of Ukraine over two years back. The focus of the prime minister’s visit is on an economic agenda including…
India’s corporate sector could be staring at a deceleration in revenue and profit growth in the first quarter (Q1) of 2024-25 (FY25), with brokerages tempering their growth projections compared to the previous financial year. Estimates for Q1FY25 suggest a further slowdown in revenue growth and flat-to-marginal growth in overall corporate earnings. According to brokerages, the…
Boeing, which did not immediately comment, on June 17 issued a bulletin to airlines calling for visual inspections, the FAA said. Photo: Bloomberg 1 min read Last Updated : Jul 08 2024 | 11:43 PM IST The Federal Aviation Administration said on Monday it is requiring inspections of 2,600 Boeing 737 airplanes because passenger oxygen…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BYD has agreed a $1bn deal to build an electric vehicle plant in Turkey, as China’s largest carmaker looks to increase its European production and continue its overseas expansion. The plant will be capable of…
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3 min read Last Updated : Jul 08 2024 | 11:39 PM IST I have been making outward remittances to my son studying abroad for his maintenance through my bank. They used to only ask for a simple request letter stating the purpose of remittance. Now, I am told that I have to submit a…
Russia’s President Vladimir Putin welcomes India’s Prime Minister Narendra Modi during their meeting at a residence near Moscow, Russia July 8, 2024. Photo: Reuters 3 min read Last Updated : Jul 08 2024 | 11:36 PM IST The Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal on Monday spoke about the agenda of Prime Minister…
The shares were disposed of in the price range of Rs 666.20-692.60 per piece. 1 min read Last Updated : Jul 08 2024 | 11:30 PM IST Global asset manager BlackRock on Monday bought shares of Swan Energy for Rs 304 crore through open market transactions. US-based BlackRock through its three affiliates acquired 45.56 lakh…
Terrorists ambushed an army truck in the remote Machedi area of Jammu and Kashmir’s Kathua district, killing five personnel, including a junior commissioned officer (JCO), and injuring five others. (Photo: PTI) 3 min read Last Updated : Jul 08 2024 | 11:26 PM IST The Congress on Monday condemned the terror attack on Army personnel…