Indonesia is drafting a new regulation to tackle its “shadow economy,” making changes to how sellers and platforms operate across the booming online shopping sector.The rule would require e-commerce platforms to collect and remit part of sellers’ sales income to the government, the country’s tax office said.Reuters had earlier reported that the plan involved a…
Panasonic Holdings is exiting India’s refrigerator and washing machine segments, marking a significant downsizing of its consumer electronics business in the country as part of a broader global overhaul. The Japanese electronics major is shuttering the production lines for these products at its Jhajjar factory in Haryana and will now focus on core categories like…
Nearly two weeks after the tragic Air India crash in Ahmedabad that killed 274 people, the Aircraft Accident Investigation Bureau (AAIB) is yet to officially appoint a lead investigator to head the probe, raising serious concerns over the efficiency and credibility of the investigation process.International Civil Aviation Organization (ICAO) norms require that an investigator-in-charge be…
Chinese officials are avoiding inspection of India-bound consignments. (AI image) China has stopped exports of specialty fertilisers to India over the past two months, whilst continuing to supply other countries, according to senior executives at major importing firms. For India, these fertilisers are crucial for enhancing yields of fruits, vegetables and other profitable crops.The Chinese…
Representative image (Picture credit: AP) Bumble Inc. has announced plans to lay off nearly 30 per cent of its global workforce, affecting 240 employees, in a move aimed at cutting costs and repositioning the online dating firm for long-term growth. The company said it would reinvest savings of around $40 million into product innovation and…
Gold is currently holding a crucial support level around ₹95,800. This zone is significant, as a strong reversal from here could potentially trigger a recovery in prices. (AI image) Gold and silver price prediction today: Gold has been dipping after a recent surge amidst tensions in the Middle East. With the US declaring a ceasefire…
Representative image (Picture credit: AP) Asian equities were largely flat on Thursday while oil prices stabilised, as markets took stock of easing geopolitical tensions and awaited fresh cues on US fiscal and trade policy, especially US President Donald Trump’s looming tariff deadline. According to news agency Reuters, investors remained cautious amid uncertainties surrounding Federal Reserve…
Top stocks to buy today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Coromandel, Cummins India, and BHEL are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for June 26, 2025:Index View:…
MUMBAI: RBI has extended trading hours for key money market segments to improve liquidity management, enhance price discovery. It also aims to bring Indian markets closer to global standards. From July 1, the call money market will remain open till 7pm, while from Aug 1, market repo and tri-party repo (TREP) trading will close at…
MUMBAI: Stronger indications of an Israel-Iran ceasefire lifted investor sentiment on Dalal Street Wednesday, pushing sensex to over its eight-month high mark. Easing crude oil prices and short covering by speculators who were cutting their losses also helped the rally in the late session, market players said.At close, sensex was at 82,756 points, up 700…
