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  • Karnataka government notifies Gig Workers Act with 1-5% welfare fee on aggregators

    The bill, which received the assent of Karnataka Governor Thawar Chand Gehlot on September 11, proposes a welfare fee ranging from one to five percent of payouts made to gig workers per transaction, to be levied on platforms.

  • Biz GIFT-IFSC crosses USD 2 bn; to create 1 mn jobs by 2025

    Business transactions at Gujarat International Finance Tec-City (GIFT), country's first International Financial Services Centre, has crossed USD 2 billion mark and is likely to grow manifold in the near term.

  • Pakistan rejects call to demonetise 5,000-rupee note

    Pakistan's government has dismissed a recommendation from the upper house of parliament to scrap the 5,000 rupee (USD 48) bank note to cut the flow of illicit money and reduce the size of the informal economy.

  • US GDP gains steam with 5% growth in Q3, fastest in 11 yrs

    In revising up its third-quarter gross domestic product estimate, the Commerce Department cited stronger consumer and business spending than previously assumed

  • Don't see Nifty breaking below 5850: Hemant Thukral

    In an interview to CNBC-TV18, Hemant Thukral, Aditya Birla Money shared his readings and outlook on the Futures and Options market.

  • GMR exits Singapore power project for $ 532 million

    GMR Group (GMRI.NS) said it would sell its 70 percent stake in the Island Power Project in Singapore to FPM Power Holdings for S$660 million.

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