Serena Williams says she’s ‘stepping away’ from acting with retirement speech

Serena Williams said on Tuesday she was “moving away from tennis” as she hinted at her retirement from the sport which she dominated for much of her career with 23 Grand Slam singles titles. On Monday, Williams played just her second singles match since returning to action at Wimbledon in June after a year-long absence […]

Race for UK PM: Sunak and Truss feel heat over cost of living crisis

The race to elect a new leader of the Conservative Party, who will take up the post of British Prime Minister at the start of next month, heated up on Monday as the two finalists – Rishi Sunak and Liz Truss – clashed over their proposals to fight against the soaring cost of living. crisis […]

Auto industry expects car sales in fast lane during holiday season

The auto industry expects car sales to be on the fast track this festive season thanks to new launches and improved production, but is cautiously optimistic about the road ahead once the festivities are over. The festive season, which usually sees a surge in auto sales, begins this year on August 11 with Rakshabandhan extending […]

Black income of Rs 200 cr detected in computer raids on TN film producers, financiers: CBDT

The Income Tax Department has detected “undisclosed” income of more than Rs 200 crore after raiding some film producers, distributors and financiers in Tamil Nadu recently, the CBDT said on Saturday. The searches were launched on August 2 and around 40 entity premises, which have not been identified, were targeted in Chennai, Madurai, Coimbatore and […]

Developments in Taiwan won’t impact India: RBI Guv

Reserve Bank Governor Shaktikanta Das said Friday that India is unlikely to be affected by adverse developments in Taiwan. The governor said Taiwan accounts for only 0.7% of India’s overall trade and capital flows from the island are also not very high. This week has been marked by rising tensions between Taiwan and China, sparked […]

Adani Group buys all four toll sections from Macquarie Asia for Rs 3,110 crore

Adani Road Transport, the arm of Adani Enterprises Ltd, has entered into a pact to buy the two sections of the Macquarie Asia Infrastructure Fund in Gujarat and Andhra Pradesh, respectively, at a valuation of Rs 3,110 crore. The deal, subject to regulatory and lender approvals, is expected to close in September 2022, Adani said […]

RBI MPC Meeting: Third Consecutive Interest Rate Hike Likely; here’s what to expect

The Reserve Bank of India (RBI) is set to raise the key rate for the third consecutive time at its August bi-monthly policy meeting – the outcome of which is expected on Friday – as inflation based on consumer or Retail remains above the central bank’s upper tolerance limit of 6% for the sixth consecutive […]

Hyundai overtakes Tata Motors as 2nd largest PV player in India; Renault and MG see their sales fall

The country’s largest automaker, Maruti Suzuki India (MSI), has managed to retain its top spot in India’s passenger vehicle segment, in terms of shipments to dealerships in the country, the latest data from the Federation of Automobile Dealers Associations (FADA). Maruti managed to ship 1,42,850 units in July 2022, up 7% from 1,33,732 units in […]

ITR filing: 5.83 crore returns filed for FY22, according to CBDT

The income tax department has received about 5.83 crore tax returns, largely from salaried and individual taxpayers, by the end of the 2021-22 fiscal year filing season on July 31. , officials said Monday. The latest numbers are roughly the same as last fiscal year (2020-21). The due date for the filing of income tax […]

Air India revival will test new CEO Campbell Wilson’s leadership skills

With the government having recently granted security clearance to Air India CEO and Managing Director Campbell Wilson, he can now go full throttle to restore the once-iconic airline to glory. Wilson (50), the former boss of Scoot, the low-cost subsidiary of Singapore Airlines, was appointed to the post in May. With a Masters in Business […]