business news

Pakistan's economic prospects may be on the verge of a major boost following the discovery of substantial oil and natural gas reserves in its territorial waters. This breakthrough, reported by the Times of India, comes after a comprehensive three-year survey.

Online food delivery giant Swiggy has launched a new feature, Incognito Mode, allowing customers to place orders discreetly without leaving a trace in the app’s order history. This feature is available on both Swiggy Food and Instamart, offering users the ability to make private purchases without needing to manually delete them from their history.

Food delivery giant Swiggy, in its latest financial report for 2023-24, has revealed that a former junior employee embezzled over ₹33 crore from one of its subsidiaries. The disclosure, part of Swiggy's annual report, highlights concerns over corporate governance within the company, especially given the large scale of the fraud attributed to a lower-level employee.

As Mumbai gears up for the vibrant Ganesh Chaturthi celebrations, a significant gesture of generosity has added a touch of opulence to the city's festivities. Anant Ambani, the younger son of Mukesh Ambani and Nita Ambani, has donated a stunning 20-kg gold crown, valued at ₹15 crore, to adorn the Lalbaugcha Raja idol this year.

A Vistara flight traveling from Mumbai to Frankfurt was diverted to Erzurum Airport in eastern Turkey on September 6, 2024, due to a security concern, the airline confirmed. The flight, designated UK27, landed safely at 7:05 PM local time.

In a significant move, China has pledged nearly $51 billion in financial support for Africa, focusing on infrastructure projects and job creation amid ongoing concerns about debt diplomacy. The announcement was made by Chinese President Xi Jinping at the Forum on China-Africa Cooperation Summit held in Beijing.

Starting October 1st, New Zealand will implement a significant hike in its International Visitor Conservation and Tourism Levy (IVL), raising the charge from NZ$35 to NZ$100. This substantial increase, nearly tripling the levy, has sparked discussions about its potential impact on tourism.

Cricket icon Virat Kohli has emerged as the highest taxpayer among sportspersons for the financial year 2023-24, according to a recent report by Fortune India. Kohli paid a significant ₹66 crore in taxes, setting him apart from his peers in the sports world.

Bollywood superstar Shah Rukh Khan has emerged as India's biggest taxpayer for the year 2024, surpassing cricketer Virat Kohli and other prominent celebrities. According to a report by Fortune India, Khan paid a staggering ₹92 crore in taxes this year, solidifying his position at the top of the list.

Singapore’s real estate investment firm, CapitaLand Investment, has announced a significant expansion of its investment in India, aiming to more than double its funds under management in the country by 2028. This bold move, revealed just hours before Prime Minister Narendra Modi's visit to Singapore, reflects the growing appeal of India as an investment destination.