BUSINESS
Ashneer Grover says got Bigg Boss offer after no invite from Shark Tank India 2
In the second season of Shark Tank India, CarDekho Co-founder and CEO Amit Jain has replaced Grover as a judge. The other judges, who were also part of the Season 1 team, are Peyush Bansal of Lenskart, Aman Gupta of BoAt, Anupam Mittal of Shaadi.com, Ghazal Alagh of Mamaearth, and Vineeta Singh of Sugar Cosmetics.
Indian markets continued to scale new heights
The Sensex opened at 63,357.99 points, reached a high of 63,583.07 points, a low of 63,183.77 points and closed at 63,284.19 points. On Wednesday, the Sensex had closed at 63,099.65 points. At the NSE, the Nifty opened at 18,871.95, touched a high of 18,874.30 points, a low of 18,778.20 points and closed at 18,812.50 points.
GST collections stood at Rs 1,45,867 cr in Nov, 11% rise year-on-year
The gross GST revenue collected in November 2022 were Rs 1,45,867 crore of which CGST was Rs 25,681 crore, SGST Rs 32,651 crore, IGST Rs 77,103 crore (including Rs 38,635 crore collected on import of goods) and cess Rs 10,433 crore (including Rs 817 crore collected on import of goods)
India job market bounces back to pre-festive levels
According to the report, maintaining its stellar performance, the insurance sector once again led the charts as it recorded a 42 per cent growth in new jobs created compared to the monthly average for the first half of the year. "The strong recovery in overall hiring activity post-festive season reaffirms the resilience of the Indian job market which is now multi-sectoral and hence balanced as well as mature," Pawan Goyal, Chief Business Officer, Naukri.com, said in a statement.
India public cloud market to reach $13 bn by 2026: Report
"With the growth in digital innovation, organizations are looking to bring new products and services to the market faster through digital streams and increase their investments in technologies like AI/ML, edge computing, blockchain, and IoT to improve customer experience and business efficiency," said Rajiv Ranjan, Associate Research Director, Cloud and Artificial Intelligence, IDC India.
Smaller rate hikes likely coming in December: US Fed chairman
"The time for moderating the pace of rate increases may come as soon as the December meeting," CNN quoted Powell as saying at the Hutchins Center on Fiscal and Monetary Policy, his last public appearance before the central bank enters a blackout period ahead of its December 13-14 policymaking meeting.
Basic structure of insurance laws to be altered with proposed amendments: Experts
Scrapping of the statutory Rs 100 crore startup capital for life and general insurance business and Rs 200 crore for reinsurance business, allowing different kinds of insurers including captives, changing the investment provisions are some of the major amendments proposed by the Indian government to the insurance laws.
India-Australia trade pact to come into force from Dec 29
With this agreement, the total bilateral trade is expected to cross $45-50 billon in five years from existing $31 billon. Both the countries are complementarities in its trade opportunities. Hence it will help in resilient supply chain wherein cheaper raw materials and intermediate products from Australia will be made available to make the finished product competitive, official sources said.
Indian markets scale new heights
The Sensex opened at 63,357.99 points reached a high of 63,583.07 points and a low of 63,357.99 points. On Wednesday, the Sensex had closed at 63,099.65 points. At the NSE, the Nifty opened at 18,871.95, touched a high of 18,874.30 points and a low of 18,842.05 points. It had closed at 18,758.35 points on Wednesday.
IndiGo in collaboration with DGCA launch 'Digital e-logbook' for pilots
Owing to this automated process, the flying hours entered in eGCA e-logbook will have consistency of data and format for all the stakeholders, which will increase safety and efficiency in operations. This will also offer real time availability of flying hours data for pilots in compliance with rule 67A of Aircraft rules, and enable data accuracy and timely submission of issuance, renewals, and endorsement of licenses by removal of multilayer data validation.
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