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15pc VAT cut on LNG won't help consumers: Experts

Dhaka, June 3 -- The Finance Adviser Salehuddin Ahmed's proposal to wave the 15 per cent import-stage Value Added Tax (VAT) on LNG import will not give any benefit to the consumers, it will help Petro... Read More


Indian Rupee: Loses momentum as dollar regains strength

Mumbai, June 3 -- The Indian rupee lost ground in opening trades on Tuesday tracking strength in dollar overseas. Dollar regained some strength in early Asia from a near one-week low that is weighing ... Read More


Development Deserves Better

Pakistan, June 3 -- The Public Sector Development Programme (PSDP) for 2025-26 has been set at Rs880 billion, reportedly the lowest in four years. This reduction comes at a time when Pakistan requires... Read More


A tale of Homi Bhabha, MF Husain and a trove of art at a science institute

India, June 3 -- In the foyer of 'A' Block at the campus of the Tata Institute of Fundamental Research (TIFR) is an M F Husain that took top honours at an unusual competition. The area is not accessib... Read More


MSEI investors uncertain about their bet after Sebi expiry day rule

New Delhi, June 3 -- Broking firms and their founders who backed Metropolitan Stock Exchange of India (MSEI) are uncertain about the fate of their investments after the market regulator limited the we... Read More


Adani Ports records 17% growth in handled cargo volumes in May'25

Mumbai, June 3 -- Adani Ports & Special Economic Zone announced its operational performance for month of May 2025: 1. During May'25, APSEZ handled cargo volume of 41.8 MMT (+17% YoY), led by containe... Read More


Ola Electric bulk deal: Hyundai Motor exits Ola Electric, offloads Rs.690-crore worth of shares with Kia Corp

New Delhi, June 3 -- South Korean automaker Hyundai Motor Company on Tuesday exited Ola Electric Mobility by selling its entire 2.47 per cent stake in the company for Rs.552 crore through an open mark... Read More


Mobile operators welcome govt's proposed reforms to telecom sector

Dhaka, June 3 -- The Association of Mobile Telecom Operators of Bangladesh (AMTOB) has voiced support for the government's proposed Telecommunications Network and Licensing Reform Policy 2025, terming... Read More


'Ee saala cup namde': Even Drake has $1.3 million riding on RCB winning IPL 2025, turns Virat Kohli fanboy on Instagram

India, June 3 -- As the Royal Challengers Bangalore (RCB) vie for their first Indian Premier League (IPL) title on Tuesday night in an epic clash against Punjab Kings (PBKS), their fans have begun to ... Read More


Paytm Floats Singapore Subsidiary After UAE Foray

India, June 3 -- After incorporating a subsidiary for the United Arab Emirates (UAE), Paytm today announced incorporation of Paytm Singapore. The fintech giant's arm Paytm Cloud Technologies Limited ... Read More