The country's gross GST revenue collection for April this year soared to the highest ever level at Rs 2.10 lakh crore, Finance Minister Nirmala Sitharaman announced on Wednesday. This represents a significant 12.4 per cent year-on-year growth, driven by a strong increase in domestic transactions (up 13.4 per cent) and imports (up 8.3 per cent).

Microsoft on Wednesday announced to build a new cloud and artificial intelligence (AI) infrastructure in Thailand, provide AI skilling opportunities for more than 100,000 people, and support the nation's growing developer community.

Car manufacturer Morris Garages (MG) Motor India on Wednesday announced that it clocked retail sales of 4,485 units in the country in April. The company's electronic vehicle (EV) portfolio contributed 34 per cent of the total units sold in this period.

The Government has cut the windfall tax on crude oil to Rs 8,400 a metric ton from Rs 9,600 with effect from Wednesday as part of its fortnightly revision. Upstream oil exploration and production companies ONGC and Oil India Ltd stand to gain as they will have to pay a lower tax on their crude.

In the increasingly contentious world of family business splits, the peaceful division of the 127-year-old Godrej empire worth $5.7 billion is a rare occurrence. According to the company, Adi Godrej, who is head of the family and his brother Nadir Godrej, will retain control of the five listed companies of the Godrej Group.

Mother and child care e-commerce platform FirstCry has refiled its draft red herring prospectus (DRHP) for an initial public offer (IPO) with the Securities and Exchange Board of India (SEBI), to raise Rs 1,816 crore via fresh issue of shares.

Elon Musk is firing more people at his electric car company Tesla, after executing layoffs this month that affected 10 per cent of its global workforce, a media report said on Tuesday. Musk last week said it is time to “reorganise” Tesla as the electric car company registered $1.13 billion in net profit in the January-March period this year, down 55 per cent from $2.51 billion a year earlier.

India's gold demand rose to 136.6 tons in the January-March quarter which represents an 8 per cent in crease over the same quarter of the previous year, according to figures released by the World Gold Council (WGC) on Tuesday. Gold purchases have increased despite rising prices, reflecting higher incomes in a growing economy, according to market analysts.

Waaree Energies Limited announced on Monday that it has secured a 400 MW module supply order from Gujarat Industries Power Company Limited (GIPCL). The contract entails the comprehensive supply of solar PV modules incorporating advanced bifacial technology for the 2,375 MW RE Park near Village Khavda, Great Rann of Kutch, Gujarat, the company said.

बैंकिंग शेयरों के मजबूत प्रदर्शन के बीच बीएसई सेंसेक्स ने सोमवार को 800 से अधिक अंकों की बढ़त दर्ज की। सेंसेक्स 838 अंकों की तेजी के साथ 74,568 अंकों पर कारोबार कर रहा था। मजबूत चौथी तिमाही के नतीजों की रिपोर्ट करने के बाद आईसीआईसीआई बैंक 4 प्रतिशत से अधिक की बढ़त के साथ बैंकिंग क्षेत्र में अग्रणी रहा। आईसीआईसीआई बैंक ने चौथी तिमाही में स्थिर प्रदर्शन किया, जो मजबूत आय वितरण में परिलक्षित होता है।