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Introduction to New Tax Measures in Karnataka’s Mining Sector The Karnataka state government has introduced a significant proposal that could transform the financial landscape of the mining industry within the region. The newly proposed Karnataka Mineral Tax Bill 2024 aims to impose a retrospective tax on mineral land and rights, a move prompted by a …

Infosys Foundation, the philanthropic and CSR arm of Infosys, has announced a 4-year collaboration with INAE to transform engineering education in India. With a ₹38 crore investment, the initiative will focus on upskilling educators, providing project-based internships, and offering mentorship to students. Aim of the Collaboration This collaboration, with an investment of over ₹38 crore, …

On November 29, 2024, KEC International announced securing ₹1,040 crore worth of new transmission and distribution (T&D) orders globally, including contracts for supplying towers and poles in the Americas. Order Details Overview KEC International’s latest orders highlight its strategic focus on international markets. The company will supply transmission towers, hardware, and poles in the Americas, while in …

The mutual fund industry in India showed impressive performance in October 2024, with 80% of equity mutual funds outperforming their respective benchmarks. This significantly improved compared to September 2024, when only 48% of funds surpassed their benchmarks. The study, which analysed 240 open-ended diversified equity funds, highlights the strength of equity funds across various categories …

The Indian aviation sector achieved a significant milestone on November 17, 2024, as domestic air traffic surpassed 5 lakh passengers in a single day. With 5,05,412 passengers travelling on 3,173 flight departures, this marks the first instance of such high single-day traffic in the country. This surge was driven by the festive and wedding seasons, …

The holiday season is a time for travel, exploration, and creating memories. However, currency exchange can often become a stressful task that affects your trip’s budget. Whether you are visiting a nearby country or travelling to the other side of the world, understanding how to exchange money efficiently can help you save a lot and …

India has emerged as a global FinTech leader, driven by its dynamic innovation and digital-first approach. With a market size of $584 billion in 2022, the Indian FinTech sector is projected to grow exponentially to $1.5 trillion by 2025. The industry is reshaping financial services globally by combining key segments like Payments, Digital Lending, InsurTech, …

Ola Electric, India’s largest EV manufacturer, has introduced the Gig and S1 Z scooter series, aiming to democratise electric mobility with affordable pricing. The scooters are available at introductory prices starting from ₹39,999, with reservations open for just ₹499. Deliveries will begin in April 2025 for the Gig series and May 2025 for the S1 …

Cochin Shipyard share price have hit the upper circuit limit again on Wednesday, November 27. This positive trend indicates strong investor interest in the stock. Recent Stock Performance and Price Correction Cochin Shipyard’s stock reached an all-time high of ₹2,979 in July 2024. Since then, it has experienced a significant correction, falling by nearly 50%. …

Introduction Debt-free companies are attractive to investors primarily because of their financial stability. Without the burden of debt obligations, these companies are less vulnerable to market fluctuations or economic downturns. They do not have to worry about servicing loans or paying high-interest rates, which can often restrict growth during challenging economic periods. 3 Debt-Free Companies …