Business
Read the latest business and finance news — Indian and global markets, banking, real estate, automobiles, startups and economic policy on Siasat.com.
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Income Tax Dept throws open e-portal for filing ITRs
New Delhi: Central Board of Direct Taxes (CBDT) on Thursday said that has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year 2023-24)…
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Centre Court Capital launches Rs 350 cr gaming, sports tech fund
New Delhi: Venture capital (VC) firm Centre Court Capital (CCC) on Thursday launched a Rs 350 crore fund to revolutionise the country’s sports and gaming landscape. According to the company, the fund…
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Markets rebound in early trade; Sensex, Nifty hit fresh peaks
Mumbai: Benchmark equity indices rebounded after two consecutive days of fall on Thursday with Sensex and Nifty touching their all-time high levels as investors rushed to value-buying in bellwether stocks ahead of…
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Tesla to search for sites in India to set up $2-3 billion EV plant: Report
New Delhi: After the Prime Minister Narendra Modi-led government approved a new electric vehicle (EV) policy to attract investments in the EV space by global manufacturers, Tesla is reportedly sending a team…
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Rupee falls 11 paise against US dollar
Mumbai: The rupee depreciated 11 paise to close at 83.53 against the US dollar on Wednesday, as persistent foreign capital outflows and risk-averse sentiment among investors weighed on the local unit. A…
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Govt allows additional 10,000 tonnes of onion exports to UAE
New Delhi: The government has allowed the export of an additional 10,000 tonnes of onion to the UAE, through the National Cooperative Exports Ltd (NCEL), as a friendly gesture at a time…
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Tesla overtakes Mercedes-Benz as 2nd largest seller of imported cars in March
Seoul: Elon Musk-run Tesla overtook Mercedes-Benz as the second-largest seller of imported vehicles in South Korea last month, industry data showed on Wednesday. The number of newly registered imported cars came to…
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GenAI startup Vodex raises $2 mn to scale global expansion
New Delhi: Homegrown GenAI startup Vodex on Wednesday said it has raised $2 million in a seed round from Unicorn India Ventures, and Pentathlon Ventures. The funds raised will be used for…
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Indian firms leading APAC markets when it comes to AI/ML usage: Report
New Delhi: Indian enterprises are leading Asia-Pacific (APAC) markets when it comes to Artificial Intelligence (AI) and Machine Learning (ML) usage, a new report revealed on Wednesday. According to the cloud security…
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HCLTech, Google Cloud launch initiative to scale ‘Gemini’ to global firms
New Delhi: HCLTech on Wednesday announced an expanded partnership with Google Cloud to create industry solutions and drive business value with the tech giant’s multimodal large language Artificial Intelligence (AI) model ‘Gemini’.…
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UPI transactions volume surge 56 pc, average ticket size drops 8 pc: Report
New Delhi: The number of Unified Payments Interface (UPI) transactions witnessed a staggering growth at 56 per cent (year-on-year) in the second half of last year (H2 2023), with the volume being…
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SEBI should not become another SBI, ‘too scared to touch the sacred’: Congress
New Delhi: The Congress on Wednesday hoped that the SEBI tasked with probing charges of alleged stock manipulation by the Adani Group would not seek further extension for presenting its report in…
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World Bank raises India’s GDP growth forecast to 7.5 pc for 2023-24
New Delhi: The Indian economy is projected to grow at 7.5 percent in 2024, the World Bank has said, revising its earlier projections for the same period by 1.2 percent. The World…
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Markets fall in early trade amid negative global trends
Mumbai: Benchmark equity indices Sensex and Nifty declined in early trade on Wednesday amid weak global trends, higher crude oil prices, and outflow of foreign funds. The 30-share BSE Sensex declined 281.18…
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Samsung to release new products globally at same time
Seoul: Samsung on Wednesday unveiled its latest lineup of home appliance innovations with the global launch of its artificial intelligence (AI)-powered products in a bid to offer synchronising consumer experiences worldwide. At…














