Moody’s Investors Service on Friday raised India’s growth projection for 2023 calendar year to 6.7 per cent on account of robust economic momentum.
Currently, overseas tour package and LRS spending attracts 5 per cent TCS and there is no threshold.
In an interview with The Indian Express, Malhotra said the potential size of the online gaming industry is around Rs 50,000-85,000 crore.
Singhania, the chairman and managing director of Raymond, who’s net worth is reported to be over Rs 11,000 crore, made the announcement over the microblogging platform X, saying it is not the same Diwali as in the past.
Tata Motors plans to set up separate sales network for its electric passenger vehicles in current fiscal year as it looks to give differentiated experience to the buyers opting for the environment-friendly models, according to a top company official.
In 2021, BYJU’S acquired 33-year-old brick-and-mortar coaching centre AESL for nearly $40 million in a cash and stock deal.
ITC’s hotels business, which comprises 120 hotels reported gross revenues of Rs 2,585 crore in FY23 and EBIT of about Rs 532 crore.
“We are going to start the pilot on wholesale CBDC use in interbank borrowing this month or early next month,” Choudhary said while speaking at the RBI’s Innovation Pavillion at the G20 Leaders’ Summit venue.
According to forex analysts, despite positive sentiment in the domestic equity markets and a weak American currency against major global currencies, the Indian unit was weighed down by the volatile crude oil prices.
Shares of Bank of Baroda fell as much as 4 per cent on Wednesday, after the Reserve Bank of India (RBI) ordered the entity to stop adding customers to its mobile app, citing “certain material supervisory concerns.”