NCLT stayed its earlier order allowing Subhash Chandra to settle his personal insolvency proceedings NEW DELHI: National Company Law Tribunal (NCLT) on Tuesday stayed its earlier order allowing Zee Group founder Subhash Chandra to settle his personal insolvency proceedings by paying Rs 6.25 crore as against admitted claims of Rs 22,006.57 crore and also restrained…
Sun Pharma has offered Most Favoured Nation (MFN) pricing to US Medicaid programme New Delhi: Facing the threat of potential tariffs, India’s largest drug firm, Sun Pharma has offered Most Favoured Nation (MFN) pricing to US Medicaid programme under an agreement with the Trump administration. MFN pricing typically ensures that a buyer procures at the…
Over time, the interest earned on the accumulated balance earns interest, allowing compounding to steadily increase your retirement savings. Being a crorepati and accumulating a corpus of over Rs 1 crore is often a financial goal for money. But when you are thinking of SIPs, mutual funds, stock markets, ETFs, gold, silver, one quiet savings…
Digital payments hit a record 24.51 billion transactions in August Unified Payments Interface (UPI) hit a new monthly high in August, with transaction volumes crossing 24 billion for the first time in a month and reaching 24.51 billion, according to data released by the National Payments Corporation of India (NPCI) on Tuesday.The record came as…
NEW DELHI: Centre on Tuesday tightened the stock limit for sugar dealers, reducing it from 4,000 quintals to 2,000 quintals from September 15 to November 30, as it sought to curb hoarding and contain rising retail prices.The food ministry said the existing 4,000-quintal limit would continue in Kolkata and its extended metropolitan areas “considering the…
India Manufacturing PMI falls to 52.8 in August India’s manufacturing sector lost further momentum in August, with slower output and new orders dragging factory activity to its weakest level in five years. Employment also fell for the first time in two-and-a-half years, marking a broader slowdown in the sector.The seasonally adjusted HSBC India Manufacturing Purchasing…
One individual on Reddit claims that he has achieved a net worth of Rs 7 crore at the age of 31. (Image for representative purpose) Financial independence has always been a talked about subject, what is changing however is the trend of FIRE – which means Financial Independence, Retire Early. Several people are sharing their…
Imported sugar is yet to land, so why is it getting cheaper Sugar is leaving a bitter aftertaste in consumers’ household budgets.The all-India average retail price has climbed to Rs 64.24 a kilo, nearly 30% higher than a month ago and 38.63% above last year’s level. In some markets, the sting is even sharper, with…
The government collected Rs 1,99,853 crore in gross GST revenue during August. NEW DELHI: The gross Goods and Services Tax (GST) revenue rose 14.8 per cent year-on-year to Rs 1,99,853 crore in August 2026, according to provisional government data released on Tuesday.Net GST revenue for the month, after refunds, increased 8.3 per cent year-on-year to…
The yellow metal is likely to consolidate in near term with a possible test of support at $4370. Gold price prediction today: Gold prices are under pressure due to the US Federal Reserve chair’s hawkish outlook, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Gold Price Performance: The Fed Chair Warsh, in his…