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Business
]Hundreds of TikTok employees previously worked for Chinese state media: Report
Published on Aug 14, 2022 11:54 PM IST
The LinkedIn profiles reviewed by Forbes reveal significant connections between TikTok's parent company, ByteDance, and the propaganda arm of the Chinese government, which has been investing heavily in using social media to amplify disinformation that serves the Chinese Communist Party.
ANI |
Saudi Aramco unveils record $48.4 billion profit in Q2
- Net income leapt 90 percent year-on-year for the world's biggest oil producer, which clocked its second straight quarterly record after announcing $39.5 billion for Q1.
Published on Aug 14, 2022 05:43 PM IST
AFP |
Bitcoin trades above $25,000 for first time since mid-June
The largest cryptocurrency gained 1.6% to $24,882 around 4 a.m. New York time after rising over 2% to trade above the $25,000 mark. It’s still down 46.5% year-to-date.
Published on Aug 14, 2022 02:19 PM IST
Bloomberg |
Britain suddenly sees huge population giving up their pets. Here's why
The trend, which follows a surge in demand for pets during COVID-19 pandemic lockdowns in a country known for its love of animals, comes as households brace for energy bills to more than triple in January on last year, hammering people's incomes.
Published on Aug 14, 2022 12:33 PM IST
Reuters |
‘Inspired an entire generation’: World of business on Jhunjhunwala's death
- Known for his mastery in trading of stocks for long-term investing, Rakesh Jhunjhunwala was a self-made trader who rose to become one of the most influential market voices in India.
Updated on Aug 14, 2022 12:44 PM IST
‘A colossal loss’: Air India's message to Akasa Air on Rakesh Jhunjhunwala
Jhunjhunwala was among the co-founders of Akasa, India's newest airline, which commenced operations on August 7.
Updated on Aug 14, 2022 12:12 PM IST
HT News Desk, New Delhi
Rakesh Jhunjhunwala’s legacy grew richer with Akasa Air, India’s newest airline
Rakesh Jhunjhunwala died on Sunday morning in Mumbai. He was 62. His death led to outpouring of condolences from across the country.
Updated on Aug 14, 2022 12:53 PM IST
5 quotes by 'India's Warren Buffet' Rakesh Jhunjhunwala to inspire investors
Veteran investor Rakesh Jhunjhunwala was a leading icon in India's stock markets scene. In his time, Jhunjhunwala has shared many words of wisdom that will continue to inspire the aspirants of the trade.
Updated on Aug 14, 2022 11:21 AM IST
Written by Sharmita Kar | Edited by Swati Bhasin
Rakesh Jhunjhunwala: The 'Big Bull', Akasa Air co-founder | 5 things to know
- Often referred to as 'India's Warren Buffett' and the Big Bull of Indian markets, Jhunjhunwala's net worth was USD 5.8 billion, according to Forbes.
Updated on Aug 14, 2022 10:40 AM IST
Billionaire investor Rakesh Jhunjhunwala dies at 62
Rakesh Jhunjhunwala death: The veteran investor was one of the co-founders of Akasa Air, India's newest budget airline.
Updated on Aug 14, 2022 10:47 AM IST
Swati Bhasin, New Delhi
Reliance Infrastructure net loss narrows to ₹66.11 crore in June quarter
The company had clocked a consolidated net loss of ₹95.15 crore in the corresponding period of the previous fiscal, it said in a regulatory filing to the BSE.
Published on Aug 13, 2022 06:22 PM IST
PTI |
Average office rent up 8% in Delhi-NCR in January-June this year: Report
In its latest report 'India Market Watch Office – H1 2022', Savills mentioned that the Delhi-NCR witnessed gross absorption of 5.6 million square feet in H1 (January-June) 2022, up by 194 per cent from H1 2021.
Published on Aug 13, 2022 06:04 PM IST
PTI |
Advisory firm recommends against reappointment of Vijay Sharma as Paytm CEO
The Institutional Investor Advisory Services (IiAS), in its report on August 9, said that Sharma had made several commitments in the past to make the company profitable, but these never played out
Published on Aug 13, 2022 05:51 PM IST
HT News Desk | Written by Harshit Sabarwal, New Delhi
Competition Commission nod for merger of HDFC Bank with parent HDFC Ltd
In April, the country's largest housing finance company HDFC Ltd announced that it will merge with HDFC Bank.
Published on Aug 13, 2022 04:35 PM IST
PTI | | Posted by Yagya Sharma
Russian promoted Indian oil refinery posts record profit of about $447 million
Nayara posted a net profit of about 35.64 billion rupees($447.5 million) in the June quarter compared to a net loss of 1.39 billion rupees a year earlier, it said in a late evening stock exchange filing on Friday.
Published on Aug 13, 2022 01:07 PM IST
Reuters |
Income tax payers barred from enrolling in Atal Pension Yojana from Oct 1
The government introduced Atal Pension Yojana on June 1, 2015, to provide social security to workers mainly in the unorganised sector. Subscribers of the scheme get a minimum guaranteed pension of ₹1,000 to ₹5,000 per month after attaining 60 years of age depending on their contributions.
Updated on Aug 13, 2022 12:28 PM IST
PTI |
Corporate tax collection jumps by 34% between April and July this year
The tax department said that the collections in 2021 were higher than the collections in financial year 2018-19 (pre-Covid) by over nine per cent.
Published on Aug 13, 2022 11:11 AM IST
How to deposit money in your National Pension Scheme account via UPI?
At present, contributions to the pension scheme account were available using net banking. With the introduction of UPI method, the contributions have become easy and flexible.
Published on Aug 13, 2022 10:31 AM IST
HT News Desk | Written by Aryan Prakash
No GST on residential unit if rented out for personal use: Finance ministry
The government’s official Twitter handle has also clarified that renting a residential unit is taxable only when it is rented to a business entity.
Published on Aug 12, 2022 07:50 PM IST
Retail inflation falls to 6.71% for July: Govt data
In June, retail inflation was at 7.01 per cent and it stood at 5.59 per cent in July 2021.
Updated on Aug 12, 2022 06:33 PM IST
PTI |
Confused whether you need to pay GST on rented house? Centre clears the air
The Centre said renting of residential unit taxable only when it is rented to business entity.
Updated on Aug 12, 2022 04:49 PM IST
HT News Desk | Written by Aryan Prakash
Huawei earned $44.8 billion, revenue down 5.9 percent in first half of 2022
Weak global demand due to the pandemic, as well as a 2019 US blacklisting that snarled its supply chains, have hurt the company's device business, which sells smartphones and laptops, says company's spokesperson.
Published on Aug 12, 2022 04:44 PM IST
AFP | | Posted by Yagya Sharma
Johnson & Johnson drops talc based baby powder in 2023, shifts to cornstarch
The health conglomerate, which maintains the product is safe, has for almost a decade faced lawsuits accusing it of hiding cancer risks tied to its talc-based baby powder. The company had earlier dropped its legacy tac-based baby powder-from the US and Canada in 2020 as the lawsuits piled on.
Updated on Aug 12, 2022 07:36 PM IST
Bloomberg | | Posted by Yagya Sharma
Sensex up 130 points to close at 59,462; Nifty ends session at 17,699
- Sensex up 130 points to close at 59,462; Nifty ends session at 17,699.
Published on Aug 12, 2022 03:35 PM IST
HP Spectre x360 16 is a rare big laptop that’s beautiful too, with no rivalry
The pricing of HP Spectre x360 16 gives a significant advantage over the Dell XPS 15 and the Dell XPS 17
Updated on Aug 12, 2022 02:02 PM IST
IRCTC revenue jumps by 250% in first quarter of this fiscal
IRCTC has said that 11.58 crore tickets were booked online resulting in the convenience fee income of ₹210 crore in the first quarter of the financial year.
Updated on Aug 12, 2022 02:10 PM IST
HT News Desk | Written by Aryan Prakash
More than 7% Indians owned cryptocurrency in 2021: UN trade body report
The report by the UNCTAD (United Nations Conference on Trade and Development), said the increase in use of cryptocurrencies had increased exponentially globally because of the Covid pandemic.
Published on Aug 12, 2022 12:38 PM IST
Written by Harshit Sabarwal | Edited by Chandrashekar Srinivasan, New Delhi
Putin’s war hurls Russia's economy back four years in one quarter
In a bleak tally of the war for Russia, an economy that was picking up speed at the start of 2022 swung into a contraction during the second quarter.
Published on Aug 12, 2022 12:27 PM IST
Bloomberg |
Do you need to pay GST on rented house? Check new rules applicable from July 18
Earlier, rent of residential properties till July 17, 2022 was exempted from GST irrespective of whether the tenant or landlord is registered or not. But from July 18, a tenant who is registered will be liable to pay GST on renting a property for residential purposes.
Published on Aug 12, 2022 11:16 AM IST
HT News Desk | Written by Aryan Prakash
