SRINAGAR: A heavy spell of rainfall Monday morning inundated Srinagar’s Lal Chowk, the city’s iconic square that has emerged as a major tourist attraction since the abrogation of Article 370.Images of a flooded Lal Chowk and the clock tower were widely circulated on social media, with netizens mocking the govt over the alleged failure of…
MUMBAI: Building for startups as employees can come with their own competitive advantage—young ventures being set up by such tech professionals are finding favour with venture capital (VC) investors who are infusing funds into their companies even though the broader flow of investments continues to be selective.VCs are betting on experience here. The number of…
MUMBAI: An arm of NSE, the largest stock exchange in India by turnover, has launched an index constituting stocks of companies from among Nifty 500 companies that do not intentionally harm animals while carrying out their regular business. Named Nifty 500 Ahimsa Index, the gauge is aligned with principles of non-violence, the exchange said through…
SRINAGAR: NC’s protest at Jantar Mantar in New Delhi on Monday, led by party president Farooq Abdullah and CM Omar Abdullah, seeking restoration of statehood, drew scathing criticism from other political parties in J&K.While BJP accused the CM and his ministers of being away from the UT even as flash floods wreaked havoc, PDP said…
Taylor Swift was reportedly concerned about Blake Lively drama before tying the knot with Travis Kelce.(Image via Getty Images) Taylor Swift and Travis Kelce just had the wedding of the year in New York City’s Madison Square Garden but all eyes remain on how the billionaire pop star refused to invite two of her former…
MUMBAI: Indian markets closed lower on Monday as fluctuating crude prices and global risk-off cues weighed on sentiment, with the sensex falling 443 points or 0.6% to 77,709 and the Nifty declining 96 points or 0.4% to 24,239, while the rupee weakened to 96.45 against the dollar from 96.28.Banking stocks led the decline after mixed…
Inspiring story of the day: “Mum, it’s OK. One day I will be very rich. I’ll buy a cookie factory so I can eat whenever I want” – How Neymar Jr turned childhood poverty into football greatness (Image via Getty) Before Neymar Jr became one of football’s biggest stars, life looked very different. He grew…
CHENNAI: Hyundai Motor India (HMIL) is laying the groundwork for its next phase of growth in the EV market, where competition is gradually shifting towards affordable, mass-market models. The company is expanding its charging infrastructure and deepening localisation of components ahead of the launch of its first mass-market electric SUV, slated for this fiscal.The company…
MUMBAI: RBI deputy governor Swaminathan J has expressed concern that a significant number of customer grievances that are ultimately resolved in favour of the customer by RBI’s integrated ombudsman were never referred to the bank’s internal ombudsman in the first place.Highlighting this as a lapse on the part of bank, Swaminathan said that “This is…
NEW DELHI: : Govt on Monday told Parliament that there was no move at the moment to abolish long-term capital gains tax on equities for retail or domestic investors.“The tax policies, including capital gains tax rates, are revised periodically as part of the annual budgetary process and legislative revisions after taking into consideration the macroeconomic…