Business

Centre revises customs duty on precious metals; Puts 5% duty on Gold, Silver, Platinum findings
The Ministry of Finance has updated the customs duty rates for various precious metals and jewellery findings, which comes into effect today, May 13. Under the revised schedule, gold and silver findings…




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Bharat Maritime Insurance Pool launched with Rs 13,000 crore coverage backed by sovereign guarantee: DFS Secy
The government has launched the Bharat Maritime Insurance Pool with an estimated coverage capacity of USD 1.4 billion, or nearly Rs 13,000…

I4C signs MoU with RBI Innovation Hub to use AI for detecting mule accounts, tackling cyber fraud
The Indian Cyber Crime Coordination Centre (I4C) under the Ministry of Home Affairs, has signed a memorandum of understanding with the Reserve…

Hafele India Digitises FTL Procurement with Traqo’s Structured RFQ Platform
New Delhi [India], May 12: Hafele India, a subsidiary of the global leader in furniture fittings and architectural hardware, has partnered with…

TSMC approves USD 31.28 billion capital budget amid AI-driven chip demand boom
Taiwan Semiconductor Manufacturing Company (TSMC) has approved a capital budget of USD 31.28 billion to expand production capacity and support long-term growth…

The Warning Signs Were There; Nobody Was Looking
New Delhi [India], May 12: Every week in India, heart disease claims more than 59,000 lives. That is 350 people every hour…

Prahlad Joshi urges Uber CEO to support drivers’ shift to EVs, highlights India’s renewable energy progress
Union Minister of Consumer Affairs, Food and Public Distribution & New and Renewable Energy, Prahlad Joshi on Tuesday said he has urged…