Business News

Business

India's IPO Boom: A Record-Breaking Year in 2024 and Promising Prospects for 2025

India's IPO market hit a record Rs 1.6 lakh crore in 2024, driven by economic growth and favorable market conditions. The year saw Hyundai Motor India's historic IPO and a diverse ...

Business

Bombay High Court Extends Deadline for Revised Tax Returns: A Relief for Taxpayers

Bombay High Court extends deadline for revised tax returns, providing relief to taxpayers unable to claim rebates due to software changes in the filing platform.

Business

GST Council Delays Decision on Lower Insurance Rates Amid Ongoing Discussions

The GST Council made several decisions, including waiving tax on gene therapy and reducing the levy on fortified rice kernels, but deferred a call on lower rates for health and ter...

Business

Raghuram Rajan Reveals Arun Jaitley's Support for Cleaning Up Bad Loans

Raghuram Rajan reveals that ex-finance minister Arun Jaitley supported cleaning up bad loans of Indian banks, highlighting the need for decisive action amidst corruption and global...

Business

Revolutionary 'Track and Trace Mechanism' Launched to Combat GST Evasion

The GST Council introduces the 'Track and Trace Mechanism' to monitor goods prone to tax evasion, affixing a unique mark on these goods or their packaging. This move aims to enhanc...

Business

Albania to Ban TikTok in 2025: A Year-Long Break for Education and Safety

Albania's Prime Minister Edi Rama announces a nationwide ban on TikTok starting in 2025, citing concerns about its impact on education and children's well-being. The ban comes amid...

Business

GST Council Meeting: States Reject Proposal to Include ATF

Union Finance Minister Nirmala Sitharaman announced that states have rejected the proposal to include aviation turbine fuel (ATF) within the GST framework during the 55th GST Counc...

Business

2024 Space-Tech Funding Dips, but Industry Sees Hope for Recovery

Indian space-tech startups see a funding decline in 2024, but industry stakeholders remain optimistic about a revival, citing growing interest from government and private players.