In its ‘Asia-Pacific Climate Report’, ADB said India gradually phased out the subsidy on petrol and diesel (from 2010 to 2014) and carried out incremental tax increases (from 2010 to 2017), which created fiscal space to increase government support for…
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In recent years, many bilateral agreements have been formalised between India and Saudi Arabia, covering sectors such as food exports, pharmaceuticals, electrical interconnectivity, energy, small and medium enterprises, digitization and electronic manufacturing.
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ICAI’s stance in a disciplinary case appears conflicting with its recently released Standard on Quality Management (SQM) for audit firms. ICAI claims the Companies Act governs audit standards, while contending in court they lack jurisdiction over audit firms. NFRA pushes…
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Netflix India’s net profit rose 49% to Rs 52 crore in the last fiscal year, driven by a growing subscriber base and content expansion. The company’s gross turnover reached Rs 2,845 crore, while expenses increased but were offset by a…
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Once the dominant force in chipmaking, Intel has in recent years ceded its manufacturing edge to rival TSMC and missed out on the generative artificial intelligence boom after missteps including passing on an investment in ChatGPT-owner OpenAI.
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Amid persistent selling of shares in the stock market by foreign institutional investors (FII) and growing geopolitical tensions, India’s foreign exchange reserves posted a $3.46 billion drop to stand at $684.8 billion in the week ended October 25, data released…
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