Top Stories
…The DGCA approval comes after Jet Airways successfully completed proving flights and test flights. Airline eyes pan-India route network.WWWW…- …The proposed reverse charge, which is yet to be rolled out, could be taxed at 18% on the commission earned through transactions on foreign crypto exchanges.WWWW…
- …The dividend of ₹30,307 crore is also in stark deviation from the budget estimates set by the central government for FY23 at ₹73,948 crore.WWWW…
- …2,482 grievances were registered by consumers against Ola and 770 grievances were registered against Uber from April 1, 2021 to May 1, 2022.WWWW…
- …Maruti chairman RC Bhargava says the company's Kharkhoda facility will reach its full capacity in eight years, which would be around a million cars annually.WWWW…
- …Bose says she will pursue her rights against this "witch-hunt" to the full extent of the law.WWWW…
- …Uber introduces key features to address challenges like drivers cancelling trips or not wanting to switch on the AC, flexibility around payments, and service quality essentials for riders.WWWW…
- …Misjudging the market size, then setting wrong expectations and chasing valuations are probably the biggest reasons why startups fail, says Zerodha CEO.WWWW…
- …eMudhra's IPO issue has been subscribed around 0.40 times on the first day so far, with the retail individual investors' quota booked 0.78 times.WWWW…
- …When the bears emerge from hibernation due to anti-inflationary measures, the nouveau investors pose the risk of fleeing in droves.WWWW…
- …Since May 13, shares of the aeronautics company rallied 18% to hit an all-time high of ₹1,785.85 in intraday trade on Friday.WWWW…
Macro
…IMF corrects data? India projected to achieve $5-tn status in FY27, not FY29WW…
By Manoj Sharma…IMF’s current GDP projections are now the same as the Modi-led govt's revised target of achieving the $5 trillion economy status by the fiscal year 2025-26 or a year later.WWWW…