Business

Name: thedailyguardian
Address: Delhi, News Delhi, 110065, IN
Telephone: +91-1161362085

Maruti Suzuki’s annual sales volume crosses 2 million units

27 Apr 2024 15:02 PM IST

Maruti Suzuki India disclosed its fourth-quarter results for FY 2023-24, revealing a notable rise in net profit by 47.8% to Rs 3,877.8 crore compared to Rs 2,623.6 crore in the same period last fiscal year. The annual sales volume of Maruti Suzuki has also surpassed 2 million units. The company

Govt portal offered more jobs than applied for in FY24

27 Apr 2024 14:32 PM IST

According to data from the government’s National Career Service (NCS) job portal, an intriguing trend emerged in the fiscal year 2023-24: there were significantly more job vacancies available than job seekers registered through the portal. In FY24, the number of job seekers registered through the NCS portal totaled 87,27,900, while

PAN-Aadhaar Not Linked? TDS Penalty Deadline Extended: What Happens Next?

26 Apr 2024 16:00 PM IST

The Income Tax Department recently announced an extension in the deadline for imposing penalties related to non-deduction of double TDS for taxpayers with unlinked PAN-Aadhaar. This decision comes as a relief to individuals and entities who were facing penalties for not deducting higher TDS due to the absence of a

IndiGo orders 30 wide-body A350 planes

25 Apr 2024 20:42 PM IST

IndiGo, India’s largest airline, recently made a significant announcement regarding its fleet expansion. The airline, known for its extensive operations with narrow-body Airbus aircraft and a couple of Boeing 777 planes leased from Turkish Airlines, is now venturing into the wide-body aircraft segment. IndiGo has placed an order for 30

What Are the Trends Dominating Data & Analytics; Gartner Reveals

25 Apr 2024 16:23 PM IST

Recently the research company Gartner has revealed the top trends which are dominating the data & analytics industry this 2024. Through its research, it also sheds the light on challenges the companies are facing in adopting these trends. These observations were recently shared at Gartner Data & Analytics Summit, which

Kumar Birla expresses gratitude to PM Modi for its commitment to maintaining competitive market for 3-player

25 Apr 2024 15:59 PM IST

In his speech to stakeholders at the National Stock Exchange regarding the Vodafone Idea FPO listing, Kumar Mangalam Birla, Chairman of the Aditya Birla Group, expressed gratitude to the government for its commitment to maintaining a competitive market with three players. He specifically thanked Prime Minister Narendra Modi, Finance Minister

This Is Why Inheritance Tax is not a Practical Solution for India’s inequality in Wealth Distribution

25 Apr 2024 15:38 PM IST

Inheritance tax, also known as estate tax, has been proposed as a tool to tackle wealth inequality in India. However, implementing such a tax may not be practical due to several challenges and potential negative consequences. Here are some reasons why inheritance tax may not be the most effective approach

REC Powers Kiru Hydro project with Rs 1,869 Cr boost

24 Apr 2024 18:57 PM IST

REC Limited, a Maharatna Central Public Sector Enterprise and NBFC under the Ministry of Power, has entered an agreement with Chenab Valley Power Project Private Limited (CVPPPL) to provide financial assistance of Rs 1,869.265 crores as a term loan. The loan will support the development, construction, and operation of the

RBI Limits Kotak Mahindra Bank’s Online Customer Onboarding and Credit Card Issuance

24 Apr 2024 17:26 PM IST

RBI Orders Kotak Mahindra Bank to Halt New Customer Sign-ups Online and via Mobile Apps, as well as Stop Issuing New Credit Cards. This Directive Takes Immediate Effect. However, the Bank Will Maintain Services for Existing Customers, Including Those with Credit Cards. In a statement, the RBI highlighted that its

What is Inheritance Tax ? Your complete guide to who pays and how

24 Apr 2024 14:58 PM IST

What is inheritance tax? An inheritance tax is a tax that some states charge on what people inherit. It’s different from an estate tax because the person inheriting pays it, not the deceased’s estate. In the U.S., only six states have this tax, and it varies based on where the

Wealth Redistribution Row: Sam Pitroda Clarifies Position on Inheritance Tax

24 Apr 2024 12:09 PM IST

Sam Pitroda, Chairman of Indian Overseas Congress, recently discussed the rationale behind wealth redistribution in a country, citing the example of the US inheritance tax. He emphasized that such policies are not solely in the interest of the super-rich but also benefit the public. Pitroda highlighted the difference between the

NSE launches trading derivatives on Nifty Next 50 from today

24 Apr 2024 10:09 AM IST

The National Stock Exchange of India (NSE) has started trading derivatives on the Nifty Next 50 Index (NIFTYNXT50) today, with permission from the Securities and Exchange Board of India (SEBI). Financial instruments having fixed terms and predefined expiration dates, known as derivative contracts, can be based on a variety of