1. Business & Life Style

Business & Life Style

Govt cuts windfall tax on crude oil, ONGC, OIL India Ltd to gain

New Delhi: The Government has cut the windfall tax on crude oil to Rs 8,400 a metric ton from Rs 9,600 with effect from Wednesday as part of its fortnightly revision. Upstream oil exploration and…

GST collections scale record high of Rs 2.1 lakh crore in April

New Delhi: The country’s gross GST revenue collection for April this year soared to the highest ever level at Rs 2.10 lakh crore, Finance Minister Nirmala Sitharaman announced on Wednesday. This represents a significant 12.4…

10,000 London cabbies sue Uber for millions over taxi-booking rules

London: A group of more than 10,000 black cab drivers is suing Uber after accusing it of breaching taxi-booking rules in London, in a move which could cost the ride-hailing giant more than $313 million.…

Sensex down 300 points on selling in heavyweights

New Delhi: BSE Sensex fell 300 points on Friday, amid selling in heavyweight stocks. BSE Sensex was trading at 74,310 points, down 300 points. Bharti Airtel is down more than 1 per cent. L&T, Tech…

Over 80,000 tech employees lost jobs globally in first four months this year in 279 firms: Report

New Delhi: More than 80,000 employees in the technology sector have lost jobs in the first four months this year, and layoffs continue to haunt the overall startup ecosystem globally. Latest figures from layoff.fyi, a…

Govt lifts ban on onion exports with price rider

New Delhi: The Government on Saturday lifted the ban on onion exports after about half a year, according to a notification from the Directorate General of Foreign Trade (DGFT). “The export policy of onions is…

$100 billion worth chips needed for India’s $300 billion electronics production goal by FY26

New Delhi: As India aims to reach $300 billion electronics production by FY26, it will trigger demand for semiconductors worth $90-$100 billion, largely driven by domestic mobile manufacturing — an opportunity the country must tap.…

Sharp movements ahead, trade cautiously

New Delhi: The week went by and had four trading days with a mid-week holiday on May 1, thereby making it two periods of two days each. The volatility witnessed was several notches higher than…

Twitter founder Jack Dorsey quits Bluesky board, confirms company

New Delhi: Jack Dorsey, who founded Twitter (now called X), has quit the board of Bluesky, a decentralised social media platform he also helped co-founded. The company said in a post that it is now…

Musk invites billionaire investor Warren Buffett to invest in Tesla

New Delhi: Elon Musk, on Monday, invited billionaire investor Warren Buffett to come and invest in Tesla, which is facing tough times amid global slowdown in EV sales. Replying to an X user who posted…

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