Market Politics South India

Stocks of +11 diamonds from TamilNadu made 30% market crash

Economic times reported Prices of the +11 diamond size manufactured by the small and medium diamantaires in the Surat world’s largest diamond cutting and polishing centre has crashed by nearly 30% in the last two days after the diamond brokers in Mumbai were flooded with the fresh stocks from few brokers in Tamil Nadu.   Read More…

Cinema Entertainment Market

Hollywood Female superhero movie minted Rs 15.18 crore gross on opening day

Brie Larson’s Captain Marvel has made a big splash at the Indian box office. On its opening day, the first female-led superhero movie from Marvel Studios minted Rs 15.18 crore gross. According to a report by Box Office India, the movie made Rs 13 crore nett, making it the second highest ever opening for a Read More…

Companies Industries Market

Post air attack tension escalates amongst neighbours BSE nosedive 240 points

The benchmark indices trimmed most of the morning losses to end lower on Tuesday. In a knee-jerk reaction, the benchmark indices lost ground in intra-day trade, after the Indian Air Force (IAF) on Tuesday destroyed a major terrorist camp in Pakistan.   The S&P BSE Sensex ended at 35,974, down 240 points or 0.66 per Read More…

Companies Industries Market Travel

Government Airports goes private and Adani group picks 5 out of 6

The Gautam Adani-promoted Adani Group won a contract for the privatisation and operation of five out of six government airports in the country.   The government had put six Airports Authority of India (AAI) airports Ahmedabad, Thiruvananthapuram, Lucknow, Mangaluru, Jaipur and Guwahati for privatisation under the PPP model.   Of these, Adani was declared highest Read More…

Asia Industries Market Politics

After generous offers to Pakistan Saudi Arabia’s Crown Prince lands in India

Saudi Arabia’s Crown Prince Mohammad bin Salman, after visiting Pakistan, arrived in India on Tuesday.   The crown prince was received at the airport by Prime Minister Narendra Modi, signifying the importance India attaches to the visit by the leader of the powerful Gulf nation.   In a tweet, PM Modi said that India is Read More…

Industries Market

Land is State Rights voice made Jaitley call off GST meeting

A crucial meeting of GST Council, called to discuss rationalisation of tax rates on real estate, remained inconclusive on Wednesday after certain Opposition-ruled states objected to the idea of a meeting through video conferencing.   Finance Minister Arun Jaitley, who chaired the meeting, taken back foot of the development and made a brief appearance to Read More…

Business Market

Linking Aadhaar-PAN mandatory deadline extended until Mar 31: CBDT

  The CBDT has stressed that Aadhaar-PAN linking is “mandatory” for those filing an Income Tax Return (ITR) and this procedure has to be “completed” by March 31 this year.   “Constitutional validity of Aadhaar has been upheld by the Supreme Court of India in September, 2018. Consequently, in terms of Section 139AA of Income Read More…

Companies Industries Market Technology

AI bound Virtual assistants to increase to 25% by 2021 : Gartner Reports

According to a report by Gartner, Inc, the contact centre was the pilot and testing ground for many adopters of virtual assistants (VAs), but with the democratisation of artificial intelligence (AI) and the development of accurate and clever conversational user interfaces (UIs), different types of VA have arisen: virtual personal assistants (VPAs), virtual customer assistants Read More…