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Mcap of four of top 10 most-valued firms rises by Rs 65,671 crore

Mcap of four of top 10 most-valued firms rises by Rs 65,671 crore

Sun, Nov 26, 2023

The market valuation of ITC was down Rs 1,808.36 crore to Rs 5,46,000.07 crore, while that of Infosys dipped Rs 290.53 crore to Rs 5,96,391.22 crore.

India's space economy set to reach USD 40 billion by 2040: Union Minister Jitendra Singh

India's space economy set to reach USD 40 billion by 2040: Union Minister Jitendra Singh

Sun, Nov 26, 2023

The Minister of State for Science and Technology & Atomic Energy and Space (Independent Charge) said that some foreign agencies like the AKD have predicted that this figure could even go up to USD 100 billion by 2040.

Germany's economy shrank, and it's facing a spending crisis that's spreading more gloom

Germany's economy shrank, and it's facing a spending crisis that's spreading more gloom

Sat, Nov 25, 2023

Germany's economy shrank in recent months and business confidence is still in the dumps, according to figures, while the government is struggling to overcome a budget crisis that threatens to exacerbate problems in what was already the world's worst-performing major developed economy.

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RBI Policy Review: Despite new members, MPC expected to maintain old stance

RBI Policy Review: Despite new members, MPC expected to maintain old stance

Thu, Oct 08, 2020

Despite the addition of new members with diverse academic backgrounds, persistently high inflation will deter the Reserve Bank`s Monetary Policy Committee (MPC) from administering a dose of a lending rate cut, experts opined

Donald Trump urges Congress to provide $25 billion payroll bailout for US airlines

Donald Trump urges Congress to provide $25 billion payroll bailout for US airlines

Thu, Oct 08, 2020

US President Donald Trump said late on Tuesday Congress should quickly extend $25 billion in new payroll assistance to U.S. passenger airlines furloughing thousands of workers as air travel remains down sharply amid the coronavirus pandemic.

India's Sept merchandise exports rise over 5% YoY

India's Sept merchandise exports rise over 5% YoY

Sat, Oct 03, 2020

India`s merchandise exports in September rose by 5.27 per cent on a year-on-year basis, official data showed on Friday.

As India's exports grew by 5.7 pct in Sept, know top performers and more here

As India's exports grew by 5.7 pct in Sept, know top performers and more here

Sat, Oct 03, 2020

India’s merchandise exports grew by 5.7% to $27.4 billion in September and trade deficit declined to $2.91 billion from $11.69 billion in the corresponding month last year.

Indian consumers most positive about economic rebound: IBM study

Indian consumers most positive about economic rebound: IBM study

Tue, Sep 29, 2020

About 39 per cent of Indian consumers believe that the economy will slowly recover over the next few months followed by a sharp rebound returning to pre-Covid levels by the end of 2020, in comparison with the global average of 32 per cent, said an IBM study on Monday

Record 2.72 lakh new PNG connections provided in FY20

Record 2.72 lakh new PNG connections provided in FY20

Tue, Sep 29, 2020

Indraprastha Gas Ltd, the gas retailer in the national capital and cities around it, on Monday said it gave out record 2.72 lakh new connections for piped cooking gas to household kitchens during the financial year 2019-20

Temp GST compensation retention isn't ''diversion'' of cess: Fin Min sources

Temp GST compensation retention isn't ''diversion'' of cess: Fin Min sources

Sat, Sep 26, 2020

Reacting to the CAG report regarding `diversion of funds` meant for GST compensation, Finance Ministry sources said on Saturday.

Rajan, Acharya suggest disbanding govt's finance arm; Fin Min official denies any such proposal

Rajan, Acharya suggest disbanding govt's finance arm; Fin Min official denies any such proposal

Thu, Sep 24, 2020

In view of improving performance of public sector banks, former RBI Governor Raghuram Rajan and former Deputy Governor Viral Acharya, in a study paper have suggested slew of measures including disbanding of Department of Financial Services in Ministry of Finance.

Odisha sees 21 pct growth in farmers' registration for kharif paddy procurement

Odisha sees 21 pct growth in farmers' registration for kharif paddy procurement

Tue, Sep 22, 2020

Odisha has witnessed a 21 per cent growth in farmers' registration for procurement of paddy under the minimum support price scheme for the 2020-21 kharif season.

Fed touts economic recovery, vows to keep interest rates low

Fed touts economic recovery, vows to keep interest rates low

Thu, Sep 17, 2020

The Federal Reserve on Wednesday vowed to keep interest rates near zero until inflation is on track to overshoot the U.S. central bank`s 2% target.

Domestic tiles demand likely to remain weak in current fiscal: Icra

Domestic tiles demand likely to remain weak in current fiscal: Icra

Tue, Sep 08, 2020

Exports are a silver lining and will continue to support the demand, as witnessed by robust growth of 33 per cent in last two fiscal, owing to improved competitiveness of Indian tile players, following large investments in technology upgradation and the imposition of anti-dumping duty on China by some importing countries, according to Icra.

Days after Goyal letter, 5 states clear land for dedicated freight corridor

Days after Goyal letter, 5 states clear land for dedicated freight corridor

Tue, Sep 08, 2020

In his letter to Uttar Pradesh Chief Minister Yogi Adityanath, Goyal had highlighted a slew of problems including pending road over bridges (ROB), hindrances in physical possession of land in areas like Muzaffarnagar, Meerut and Saharanpur among others due to agitation, arbitration cases, demand for compensation and jobs by villagers, undue demand of lease rent by the Uttar Pradesh Forest Department and protests by villagers over building of ROBs in Mirzapur district.

Exclusive: Oil ministry seeks financing avenues for strategic petroleum reserves phase 2 projects under PPP mode, sources say

Exclusive: Oil ministry seeks financing avenues for strategic petroleum reserves phase 2 projects under PPP mode, sources say

Tue, Sep 08, 2020

Under phase 2, the government has given its nod for the construction of an additional 6.5 mt of strategic crude oil reserves at Padur in Karnataka with the capacity of 2.5 mt and at Chandikhol (4 mt) in Odisha.

Government sets out to decriminalise GST laws

Government sets out to decriminalise GST laws

Sat, Aug 29, 2020

After company law, the government has now set out to decriminalise various offences under the GST laws to improve ease of doing business and ensure better compliance.

India needs more global sized banks to help country achieve USD 5 tn economy: CEA

India needs more global sized banks to help country achieve USD 5 tn economy: CEA

Mon, Aug 24, 2020

Chief Economic Adviser KV Subramanian on Sunday said that India needs more global sized banks to help the country achieve USD 5 trillion economy by 2024-25.

Labour compliance | Anil Singhvi in conversation with Rishi Agrawal CEO Avantis RegTech

Labour compliance | Anil Singhvi in conversation with Rishi Agrawal CEO Avantis RegTech

Fri, Aug 14, 2020

How is labour compliance becoming a problem for businessmen? Watch Anil Singhvi's special conversation with Rishi Agrawal, CEO Avantis RegTech.

UK economy plunges into deep recession, Rishi Sunak admits hard times are here

UK economy plunges into deep recession, Rishi Sunak admits hard times are here

Wed, Aug 12, 2020

The UK economy plunged into a deep recession as it shrank 20.4 per cent between April and June at the height of the coronavirus lockdown, according to new figures released on Wednesday. Reacting to the Office for National Statistics (ONS) data, UK Chancellor Rishi Sunak admitted that it indicated that the hard times had warned about are here and that many more jobs will be lost

India wants reciprocal trade with other countries: Piyush Goyal

India wants reciprocal trade with other countries: Piyush Goyal

Tue, Aug 11, 2020

Commerce Minister Piyush Goyal on Monday asserted that Indian products deserve fair access to other countries before these countries can freely access the Indian market.

Zee Business makes clarion call - Kam Caro Compliance!

Zee Business makes clarion call - Kam Caro Compliance!

Mon, Aug 10, 2020

Doing business in India is not exactly easy - much better than before, but still requires work. Business compliance can actually take a toll on you. The government has been doing its bit to enable Ease of Doing Business in the country and it has gone a long way in simplifying the many processes. However, these still remain a burden on businesses

GST Compensation: Centre Released Rs 1,65,302 Crore to States/UTs for FY 2019-20 against Rs 95,444 crore cess collection

GST Compensation: Centre Released Rs 1,65,302 Crore to States/UTs for FY 2019-20 against Rs 95,444 crore cess collection

Tue, Jul 28, 2020

GST Compensation: Central Government has released GST Compensation of Rs 13,806 crore to States for March’2020. Taking this amount into account, entire compensation up to 2019-20 has been released to the States.

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