Business

[ad_1] Unemployment on rise in Washington (AI-image) US capitol Washington DC maintained the nation’s highest seasonally adjusted unemployment rate for three consecutive months, according to recent Bureau of Labour Statistics data released on Tuesday.The District’s July unemployment rate reached 6%, primarily due to extensive federal workforce reductions implemented by President Donald Trump’s Department of Government…

[ad_1] The new Kota-Bundi airport will be constructed at an estimated cost of Rs 1507 crore. (AI image) Kota to get a new airport! The Cabinet Committee on Economic Affairs, led by Prime Minister Narendra Modi, has approved the Airports Authority of India’s (AAI) proposal to develop a green field Airport in Kota-Bundi, Rajasthan. The…

[ad_1] The Cabinet Committee on Economic Affairs has approved the construction of a 6-lane access-controlled Capital Region Ring Road (Bhubaneswar Bypass) in Odisha at a capital cost of Rs 8,307.74 crore.According to an official release, the project will be developed on Hybrid Annuity Mode (HAM) and cover 110.875 km between Rameshwar and Tangi. It is…

[ad_1] NEW DELHI: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved a bill to regulate online real-money gaming platforms, PTI reported, quoting sources. “The Cabinet has approved the bill to regulate online gaming platforms that involve real money,” the source told PTI.“The government is trying to table the bill in Parliament…

[ad_1] China’s export restrictions on key rare earth magnets have led to supply chain bottlenecks affecting domestic industries, including electric vehicle (EV) manufacturers, the government told Parliament on Tuesday.In a written reply to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada said regular consultations are being held with stakeholders to address…

[ad_1] NEW DELHI: India’s youngest airline Akasa on Tuesday said it has completed funding transaction of about Rs 1,200 crore from new investors including Premji Invest, asset management firm 360 ONE Asset, and the investment office of Ranjan Pai. Existing investor Jhunjhunwala family has also infused additional capital into the airline that started flying three…

[ad_1] US Treasury Secretary Scott Bessent on Tuesday said that interviews for Federal Reserve Chair Jerome Powell’s replacement are expected to start around September 1, with 11 candidates under consideration.President Donald Trump’s choice of the next Fed chief is being closely tracked, especially after his repeated criticism of the central bank for holding back on…

[ad_1] The proposed revamp of the Goods and Services Tax (GST) into a two-tier structure with lower levies on household goods could lift consumption by Rs 1.98 lakh crore but also result in an estimated yearly revenue loss of Rs 85,000 crore, SBI Research said in a report released Tuesday.The Centre has put forward a…

[ad_1] Union Minister Nitin Gadkari on Tuesday said the government’s aim is to make India’s automobile industry the number one in the world within the next five years.Launching a report prepared by The Express Industry Council of India (EICI) and KPMG, Gadkari said the outlook for the express industry is also promising.“The size of Indian…

[ad_1] ITR filing: Taxpayers who miss the regular deadline for filing their income tax return get an additional chance through the updated income tax return (ITR-U) facility, introduced under Section 139(8A) of the Income Tax Act. This option allows individuals to correct errors, add omitted income, or rectify misreporting even after the due dates for…