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business

CM Himanta Biswas says Assam will have $143 bn economy by 2030 as Adani announces ₹50,000 crore investment

"The state's GDP growth this year will be 15.2%. The economy will reach USD 143 billion by 2030," he claimed.

T'gana govt partners with Microsoft for AI push as it inaugurates new campus in Hyderabad

Microsoft employs over 20,000 professionals in India, over half of which work in Hyderabad. With the launch of the new building, Microsoft plans to hire another 4,800 employees, an official release said.

Chevron to set up world's second largest engineering center in India

The Chevron Engineering and Innovation Excellence Center (ENGINE) in Bengaluru is not a back office but a center that will do works ranging from understanding geology for oil and gas production and carbon storage to developing digital twins for oil refineries and advanced process monitoring to improve supply reliability, said its India head Akshay Sahni.

cryptocurrencies

Crypto to be considered as 'undisclosed income' in new Income Tax Bill

The new bill set to be tabled in Parliament on Feb 13 expectedly has not made any changes to taxing cryptocurrencies as it will continue to attract a 30% tax on any income from the transfer of such assets without any deductions and exemptions.

Modi in France

Right time to invest in India, PM Modi tells French businesses

Everyone's progress is linked to India's progress, Modi said in Paris, adding that India is soon to become the world's third largest economy, and with its "skilled young talent factory and innovation spirit," the country is "fast becoming a preferred global investment destination."

Chinese investment into India

Unlikely restrictions on Chinese investment into India will be lifted anytime soon, says top official

"I don't think it is something you would expect to see immediate results because both sides are crossing the river by feeling the stones," said India's Chief Economic Advisor V Anantha Nageswaran.

462 companies investigated for corporate fraud in last 5 years: Govt data

The data of companies investigated by the Regional Directors and cases probed by Serious Fraud Investigation Office (SFIO) were shared by the ministry with Lok Sabha as part of a written reply on Feb 10.