Finance Minister Nirmala Sitharaman is expected to present the Budget for 2024 on July 23 or 24, with experts suggesting that the government may look to provide tax relief in a bid to boost consumption. The government is likely to increase the tax exemption threshold under the new tax regime from Rs 3 lakh to Rs 5 … Read more
Shares of food delivery company Zomato have surged over 61% this year, driven by strong performance and positive sentiment from brokerages. Zomato shares gained over 2% in early trade as multiple brokerages reiterated their bullish outlook following Prosus’ FY24 annual report, which highlighted that Zomato is growing faster than Swiggy. The stock has garnered attention … Read more
Boeing’s sales took a hit in May, with no orders for its best-selling 737 Max for the second consecutive month, according to results released on Tuesday. The company received orders for only four new planes, a stark contrast to Europe’s Airbus, which reported net orders for 15 planes, factoring in 27 sales and 12 cancellations. … Read more
The 53rd meeting of the Goods and Services Tax (GST) Council will be chaired by Finance Minister Nirmala Sitharaman in New Delhi on Saturday. While the specific agenda for the meeting remains unknown, the Council is expected to address critical issues that have been pending for months. This is the first GST council meeting in … Read more