India recorded 18.89 million international tourist arrivals in 2023 as foreign exchange earnings (FEEs) through tourism last year surged to Rs 231,927 crore, the government said on Wednesday.
This was compared to 6.7 per cent in the preceding quarter. This was primarily because two domestic demand components — private final consumption expenditure and gross fixed capital formation — together accounted for a fall of 1.5 percentage points, the report said.
The Employees' Provident Fund Organisation (EPFO) has released provisional payroll data for October 2024, revealing a net addition of 13.41 lakh members which signifies increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective outreach initiatives.
The year 2024 saw the Central Board of Direct Taxes (CBDT) prioritising the speedy processing of returns and refunds, with over Rs 2.35 lakh crore refunded and more than 3.87 crore Income Tax Returns (ITRs) processed within 7 days.
Bharat Electronics Limited (BEL) has secured additional orders worth Rs 973 crore since the last disclosure on December 9 this year, the Navratna Defence Public Sector Undertaking said on Monday.
Bharti Airtel on Wednesday announced that it has crossed the one million unique 5G user mark on its network, as the telecom operator rolls out 5G services in a phased manner. The company said it achieved this milestone in less than 30 days of its commercial launch even as the network is being built.
L&T Technology Services Limited, a leading global pure-play engineering services company, announced today the unveiling of its Engineering Research & Development (ER&D) Center in Toronto, Ontario (Canada), marking its third nearshore global design center in two quarters.
AI lending platform Upstart has laid off 7 per cent of its total workforce (around 140 employees), as it faces weakening demand for loans in the US due to significant hikes in interest rates.
The Indian commercial vehicle (CV) industry is set to log growth for the next couple of years with the economy reviving and the Covid-19 pandemic fading away, said experts. The CV sector will register mid-to-high teens over the next couple of years, said Fitch Ratings in a report.
The micro-blogging platform said that it made the decision "to discontinue Ad-free Articles, effective as of the close of business, on October 31, 2022".
