Food processing & agricultural sector: Budget 2022 expectations
Jan 24, 2022, at 12:31 am
New Delhi/IBNS: Agriculture sector which is expected to contribute one trillion in India's vision of becoming a five trillion economy by 2024-25 has been again put under the spotlight by experts ahead of the Budget 2022.
Walmart invites Indian sellers to join US marketplace
Jan 21, 2022, at 05:53 am
Bengaluru/UNI: Walmart is now inviting select Indian sellers to apply to join Walmart Marketplace, a curated sellers community that serves more than 120 million U.S. shoppers each month.
Schneider Electric launches Go Green Challenge 2022 in India
Jan 18, 2022, at 04:15 am
Mumbai/IBNS: French-based electrical equipment group Schneider Electric kicked off its Go Green Challenge 2022 in India to provide students a platform to share sustainable ideas suitable for energy management.
Demand for India's healthcare roles rise by 6 pc: Monster Employment Index
Jan 18, 2022, at 12:26 am
Mumbai/IBNS: Monster Employment Index, a job analysis report by Monster.com, showcased the acceleration witnessed in hiring activity during the last six months which led to a six percent uptick.
Cairn Energy withdraws all litigations against India in retrospective tax case
Jan 06, 2022, at 06:12 pm
New Delhi/IBNS: Cairn Energy, now known as Capricorn energy, has withdrawn all cases in relation to retrospective taxes, allowing the Indian government to roll back the tax regimen and refund the taxes collected in this regard to the company, media reports said.
India head of Elon Musk's Starlink resigns
Jan 05, 2022, at 06:43 am
Bengaluru/IBNS: Elon Musk-owned Starlink's India director Sanjay Bhargava announced on January 4 that he has resigned from his post at the satellite internet venture.
Volvo Car India announces price hike
Dec 30, 2021, at 11:15 pm
Kolkata/IBNS: Swedish luxury carmaker Volvo Car India today announced an increase in the ex-showroom prices of its cars in India ranging between rupees one to three lakhs due to a rise in input costs. The new prices would be effective from January 1, 2022.
Centre invites applications under PLI scheme for speciality steel
Dec 30, 2021, at 08:29 pm
New Delhi/IBNS: The government has started inviting applications from investors seeking to invest and avail benefits under the production linked scheme (PLI) for speciality steel on Wednesday.
Offer incentives for promoting green products in the financial budget: Indian industry bodies
Dec 27, 2021, at 11:08 pm
New Delhi/UNI: The country's top industry bodies have called for offering tax incentives and favourable policies to promote green products in India's upcoming union budget.
Dec 23, 2021, at 05:29 am
New Delhi/IBNS: The Union Cabinet, chaired by the Prime Minister Narendra Modi, Thursday approved the signing of Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India(ICAI) and the Polish Chamber of Statutory Auditors (PIBR) to establish mutual co-operation in the areas of Member Management, Professional Ethics, Technical Research, CPD, Professional Accountancy Training, Audit Quality Monitoring, Advancement of Accounting Knowledge, Professional and Intellectual Development.
Tax Planning: Top 7 Ways to Save Tax Legally in India
Dec 22, 2021, at 05:44 pm
Shyam: Rohan, I feel there is no need to work for these long hours.
Centre opens bids for 8 blocks to accelerate hydrocarbon exploration under 7th round of OALP
Dec 22, 2021, at 01:23 am
New Delhi/IBNS: To accelerate India's hydrocarbons exploration, Centre has launched the seventh round of bids for the Open Acreage Licensing Programme (OALP).
UK's Cairn Energy drops litigation against GoI, Air India in US
Dec 19, 2021, at 03:21 am
Washington D.C/IBNS: Cairn Energy renamed Capricorn Energy has entered into a scheme with the Indian government seeking a refund in taxes and to conclude the multi-billion dollar dispute between both parties.
Elon Musk's Starlink intends to apply for all applicable licences for operations in India
Dec 16, 2021, at 05:54 pm
New Delhi/IBNS: Elon Musk-led satellite broadband company Starlink informed the Parliament on Wednesday that it intends to apply for all applicable licences for commercial launch in India.
Young Indians are high earners, real estate demand will rise: Ketan Sengupta
Dec 13, 2021, at 02:28 am
IBNS Correspondent Nitin Waghela catches up with the CEO of Bengal Peerless Housing Development Company, Ketan Sengupta, to understand the present real estate market and how it evolved after the pandemic.
Fareportal India banks on tech innovation, human capital to accelerate growth in online travel space
Dec 08, 2021, at 05:56 pm
Gurgaon/IBNS: Fareportal India, an online travel company, looks to distinguish itself with a single codebase to accelerate launch of new features on a weekly basis to give it an edge over other major travel enterprises.
India signs 300 million loan agreement with ADB to improve health care in 13 states
Nov 25, 2021, at 04:02 am
New Delhi/IBNS: The government of India and the Asian Development Bank (ADB) have signed a $300 million loan to strengthen and improve access to comprehensive primary health care in urban areas of 13 states that will benefit over 256 million urban dwellers including 51 million from slum areas, a statement said on Wednesday.
Tata Steel executes the inaugural blockchain enabled trade between India and Bangladesh
Nov 24, 2021, at 09:34 pm
Mumbai: Tata Steel has executed a blockchain enabled paperless export order with a metals major in Bangladesh.
Income of company with no presence in India is not taxable: ITAT
Nov 20, 2021, at 01:43 am
New Delhi/IBNS: A tax tribunal has ruled that domestic taxes cannot be levied on a company that doesn't have any presence in India, media reports said.
Centre mulls over change in tax laws to tax cryptocurrency gains in India
Nov 20, 2021, at 12:08 am
Mumbai/IBNS: The Centre is mulling on bringing changes under the tax laws to tax gains from cryptocurrency in the southeast Asian nation.
India continues to lead in fintech investments, says S&P Global
Nov 18, 2021, at 06:21 am
New Delhi/IBNS: India has continued to top fintech investments in the Asia-Pacific region with $1.93 billion raised across 66 deals in the July-September quarter, according to S&P Global Market Intelligence.
Beauty startup Nyakaa's founder becomes India's richest self-made female billionaire
Nov 10, 2021, at 08:13 pm
Mumbai/IBNS: Falguni Nayar, the founder of beauty startup Nykaa, on Wednesday became the richest self-made female billionaire in India, rising to the ranks of the world's wealthiest, according to Bloomberg Billionaires Index.
Fuel prices remain static for fifth day
Nov 08, 2021, at 08:46 pm
New DelhiUNI: Fuel prices remained unchanged for the fifth consecutive day on Monday.
Fuel prices to get cheaper, govt announces excise duty reduction on petrol, diesel ahead of Diwali
Nov 04, 2021, at 03:28 am
New Delhi/IBNS: The Centre decided to reduce Central Excise Duty on petrol and diesel by Rs. 5 and Rs. 10 respectively from Thursday, the government announced ahead of Diwali.
Apollo Tyres Ltd registers Q2 consolidated net profit of Rs 174 cr
Oct 30, 2021, at 11:50 pm
Kochi/UNI/IBNS: Apollo Tyres Limited registered a consolidated net profit of Rs 174 crore in Q2 FY21 due to sturdy sales in domestic and international markets.
Rajeev Chandrasekhar blames corporates for rising trade with China
Oct 21, 2021, at 10:33 pm
New Delhi/UNI: Union Minister for Electronics and IT Rajeev Chandrasekhar Thursday blamed the corporates for the rise in trade with China, amid the continuing tension at the Line of Actual Control and a 17-months stand-off in Ladakh.
Flipkart Wholesale supports Kiranas and retailers in 'The Big Billion Days'
Oct 06, 2021, at 05:43 am
Kolkata/IBNS: At the onset of the festive season, millions of retailers, Kiranas and small businesses in the country are set to encash on the e-commerce major Flipkart's ‘The Big Billion Days’ event as it goes live for the second consecutive year on Flipkart Wholesale.
Sep 29, 2021, at 04:23 am
New Delhi/IBNS: JICA Chief Representative Mitsunori Saito on Tuesday mentioned about areas of collaboration with Eastern India highlighting that Kolkata Metro will become the first network in India to have an underwater section while speaking at the Confederation of Indian Industry (CII)'s first ever East India Summit 2021.
Job count in nine core sectors in India jumped 29 per cent to 3.08 crore in April-June quarter
Sep 28, 2021, at 12:19 am
New Delhi/UNI: Job count in key nine sectors including manufacturing, construction, transport, health and education grew 29 per cent to 3.08 crore in April-June quarter of current fiscal as compared to 2.37 crore in the sixth Economic Census (2013-14).
Narendra Modi Cabinet approves major reforms in Telecom Sector
Sep 15, 2021, at 11:00 pm
New Delhi: The Union Cabinet, chaired by the Prime Minister Narendra Modi on Wednesday approved a number of structural and process reforms in the Telecom sector.