BUSINESS
India's Domestic Air Traffic Sees Double-Digit Growth in November
IndiGo remained the market leader, with a share of 63.6% in air traffic; Air India stood at the second position with 24.4%, followed by Akasa Air at 4.7% and SpiceJet at 3.1%. The market share of Alliance Air remained constant at 0.7% during the month.
India Now Boasts 1,57,066 Recognised Startups, 73,000 with at Least One Woman Director: Centre
The country has emerged to be one of the world's most vibrant startup ecosystems, which makes it the world's third largest startup hub. With over 100 unicorns, the Indian startup landscape is shaping the future of innovation and entrepreneurship.
EPFO Adds 13.41 Lakh Net Members as Employment Sees Growth
The EPFO enrolled around 7.50 lakh new members in October out of which a significant 58.49 per cent were in the young 18-25 age group. The net number for this dominant age group is 5.43 lakhs.
Starbucks Strike to Expand to Over 300 US Stores on Christmas Eve, Union Announces
In all, 5,000 Starbucks employees will go on strike in more than 25 states on Tuesday, from Maryland to Montana to California, Workers United said.
Popcorn at Movie Theatres to Attract 5% GST
On the other hand, if popcorn is clubbed together and sold with a cinema ticket, the supply will be treated as a composite supply and taxed according to the applicable rate of the principal supply, which in this case is the ticket.
PM Modi Engages Economists in Brainstorming Session Ahead of Budget
The Finance Minister was also present at the meeting which was attended by Niti Aayog Vice Chairman Suman Bery, Niti Aayog CEO BVR Subrahmanyam, Chief Economic Advisor Anantha Nageswaran and renowned economists, including Surjit Bhalla and DK Joshi.
China Plans to Raise Deficit and Boost Spending in 2025, Says State Media
The world's second-largest economy has for years battled sluggish domestic consumption, a persistent crisis in the property sector and soaring government debt.
Indian Firms Break Records with Robust Equity Market Fundraising in 2024
During this period, shares worth Rs 1.39 lakh crore were sold to institutional investors. This is the highest figure ever for raising capital through public issues.
Biden Initiates New Chinese Chips Trade Probe, Set to Transfer Responsibility to Trump
US Trade Representative Katherine Tai said the probe was geared to protect American as well as other semiconductor manufacturers against China's enormous state-led build-up of the local chip supply.
Bengaluru Leads as India's Office Leasing Market Sees 14% Growth in 2024
Bengaluru dominated Grade A office space demand, witnessing the highest ever volume of leasing at 21.7 million square feet with 40 percent growth, according to Colliers.
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