The finance ministry on Friday issued a clarification rejecting rumours that it is considering levying GST on UPI transactions above ₹2,000, calling such claims "completely false, misleading and without any basis".

"Currently, there is no such proposal before the government," the finance ministry said.

At just 17 months old, Ekagrah Rohan Murty, the grandson of Infosys co-founder Narayana Murthy, is already making headlines as one of India’s youngest millionaires. The toddler is set to receive ₹3.3 crore from Infosys’ final dividend payout for the financial year ending March 2025, reported Moneycontrol.

The Enforcement Directorate (ED) in Hyderabad has attached shares worth ₹27.5 crore belonging to former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy, and land worth ₹377.2 crore owned by Dalmia Cements (Bharat) Ltd (DCBL), in a 14-year-old money laundering case. DCBL, however, claims the land is now worth ₹793.3 crore, according to a report by The Times of India.

Prime Minister Narendra Modi and Tesla CEO Elon Musk recently reconnected via a phone call, continuing a dialogue that began during their in-person meeting in Washington, DC earlier this year. In a post on X, PM Modi shared that the conversation focused on deepening collaboration in technology and innovation.

Vice President Jagdeep Dhankhar has criticised the Supreme Court’s recent verdict that set deadlines for the President and governors to clear Bills. The SC ruling also invoked Article 142 to bring into effect ten laws passed by the Tamil Nadu Assembly without executive assent.

The use of Article 142, which gives the Supreme Court extraordinary powers to deliver “complete justice”, created a first for India – laws that came into effect without the signature of the President or a governor.

India's second largest IT company Infosys' board has approved the grant of stock incentives or Employee Stock Option Plans (ESOPs) worth over Rs 51 crore to CEO and MD Salil Parekh.

These stock incentives are under various heads including ESG and equity, and add up to over Rs 51 crore.

Vodafone Idea subscribers faced a network outage in the early hours of Friday, with users across Delhi NCR, Mumbai and Pune reporting they were unable to access mobile internet or make calls. The telecom operator attributed the disruption to a technical fault, and said services have now been restored.

“Our network services were briefly impacted in NCR during the early hours of Friday (April 18) due to a technical issue. The issue has been resolved and all services are now back to normal,” a Vodafone Idea spokesperson said.

The Supreme Court on Thursday granted three more weeks to the Election Commission to respond to the pleas of Congress general secretary Jairam Ramesh and others against the recent amendments to the 1961 election rules.

A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar had issued a notice to the Centre and the poll panel on January 15 on Ramesh's plea and sought a response.

Information technology (IT) giant Infosys on Thursday reported 12 per cent year-on-year (Y-o-Y) fall in consolidated net profit at ₹7,033 crore for the December to March quarter for the financial year 2024-25 (Q4FY25).

Revenue for the March quarter was up 7.9 per cent Y-o-Y to ₹40,92 crore, the Salil Parekh-led company said in a regulatory filing to the exchanges.

Campa Cola, the soft drinks brand owned by Reliance Consumer Products Ltd, the FMCG arm of Mukesh Ambani-led Reliance Industries, will open a new bottling plant in Bihar.

According to reports, Reliance Consumer Products Ltd (RCPL)-owned brand will have a new plant on 35 acres of land in the Begusarai district of Bihar, where it will invest around Rs 1,000 crore.

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