INDUSTRY
About 3,600 IT workers lose jobs, thanks to global...
- May 26, 2023
Nearly 6 per cent of outsourced contract workers have lost jobs in India’s information technology (IT) sector in the January-March period compared...
Post-Rs 2,000 note scrap plan, jewellers get more enquiries...
- May 22, 2023
Jewellers in India, the world’s second-largest gold consuming country after China, have started receiving more enquiries for purchase of gold or...
Relief for Gameskraft as Karnataka High Court junks Rs...
- May 12, 2023
The Karnataka High Court on Thuursday quashed a GST notice for Rs 21,000 crore, slapped on Gameskraft, the firm behind RummyCulture. The notice...
Urban unsold housing stock slips by 6% in January-March...
- Apr 23, 2023
Unsold housing stocks fell 6 per cent during January-March to nearly 5.18 lakh units across 14 cities compared to those of previous quarter on better...
LPG connections double to 31.26 crore in 9 nine years,...
- Apr 21, 2023
A record 17 crore new LPG connections helped double the cooking gas consumer base to 31.26 crore in the last nine years, ushering in clean fuel in...
CHEMEXCIL achieves $30 billion of exports for FY23
- Apr 17, 2023
CHEMEXCIL (Basic Chemicals, Cosmetics and Dyes Export Promotion Council) – set up by the Union Ministry of Commerce and Industry – clocked $30...
Soaring milk prices may upset government’s inflation &...
- Apr 14, 2023
Milk is ubiquitous in India – from the morning glassful that most middle-class school kids glug to its use in Hindu religious rituals. Now, it...
Large deposits of lithium found in Andhra’s Anantapur a...
- Apr 05, 2023
Hyderabad-based National Geophysical Research Institute has found large deposits of 15 rare earth elements (REE) in Andhra Pradesh’s Anantapur...
Defence Ministry inks pacts with shipyards to buy offshore...
- Mar 31, 2023
In line with the government’s vision of Aatmanirbhar Bharat, the Ministry of Defence on Thursday signed contracts with Indian shipyards for...
Govt, 27 companies sign 57 MoUs under PLI Scheme for...
- Mar 18, 2023
The Ministry of Steel on Friday signed 57 MoUs with 27 companies under the government’s Production-Linked Incentive (PLI) Scheme, particularly for...
Google’s “castle-and-moat strategy” killing...
- Mar 17, 2023
Fair trade regulator Competition Commission of India (CCI) on Thursday alleged that Google had created digital data hegemony and called for a market...
Govt not in a crazy rush to sell everything, will be in...
- Mar 05, 2023
The government was not in a “crazy rush” to sell everything, and it would continue to have presence in four strategic sectors, including telecom,...
Domestic aviation industry to fly high with 1,100 planes...
- Feb 16, 2023
The country’s airline industry is poised for expansion with more than 1,100 planes on order by various domestic carriers. After more than 17...
5G smartphone shipments surge by 74%, total mobile freight...
- Feb 08, 2023
Shipments of 5G smartphones spurted by 74 per cent in 2022 even as overall mobile phone shipments declined by 8 per cent in the year, CyberMedia...
Central and State government vehicles older than 15 years...
- Jan 20, 2023
From April 1, all vehicles owned by Central and State governments, including buses owned by transport corporations and public sector undertakings,...
Indian startup funding slips by 33% to $24 bn; investors...
- Jan 12, 2023
Funding for Indian startups dropped by 33 per cent to $24 billion in 2022 as compared to that of the previous year. However, the fund mop-up in 2022...
Passenger vehicle sales step on the gas, post record 23%...
- Jan 02, 2023
Domestic passenger vehicles sales rose by 23 per cent to a record of 37.93 lakh units in 2022, led by the likes of Maruti Suzuki, Hyundai and Tata...
Decision on GST on online gaming, horse racing and casinos...
- Dec 18, 2022
The Goods and Services Tax (GST) Council deferred the decision on GST on online gaming, horse racing and casinos on Saturday. The council increased...
Government working on a plan to curb imports of mobile...
- Dec 05, 2022
The government would come up with a methodology to check imports from neighbouring nations, which were non-compliant with trusted source rules of the...
Insurers set for huge funding with entry, solvency margin...
- Nov 26, 2022
The Insurance Regulatory and Development Authority of India (IRDAI) on Friday approved a host of reforms, including easing entry norms and reducing...
Indian IT industry is struggling to come to terms with a...
- Nov 23, 2022
Moonlighting has hit the Indian information technology (IT) sector like a bolt from the blue. Unlike the moon’s cool and pleasant light, the...
Rising demand from unexpected quarters holds out hope for...
- Nov 17, 2022
The worst fears of Byju’s critical financial health were confirmed in September, when the education technology (edtech) company declared its...
Tariffs unsustainable, correction needed to support...
- Nov 06, 2022
Telecom operator Vodafone Idea (VIL) has said that telecom tariffs in India continue to remain at “unsustainable levels” and the industry needs...
New rules designed to make internet open and safe for all...
- Oct 30, 2022
Union Minister of State for Electronics and Technology Rajeev Chandrasekhar on Saturday said that the main objective behind amending the Information...
One Nation, One Fertiliser scheme achieves little in...
- Oct 25, 2022
Fertiliser is the latest sector to be ensnared into the government’s one-nation obsession. In mid-October, Prime Minister Narendra Modi launched...
A Brave New World: 5G services set to take India closer to...
- Oct 21, 2022
On October 1, Prime Minister Narendra Modi launched 5G mobile services in the country at the India Mobile Congress (IMC) in New Delhi’s Pragati...
Huge demand for technical due diligence in realty projects...
- Oct 09, 2022
With nearly $50 billion of investment in real estate since 2012, property consultant Colliers India has said that demand for technical due diligence...
Windfall Profit Tax on locally-produced crude oil cut, levy...
- Oct 03, 2022
The government cut Windfall Profit Tax on locally-produced crude oil and diesel on Saturday in line with a fall in international rates. It also...
OTT players rue telecom draft Bill, worry that it may kill...
- Sep 25, 2022
Draft telecommunication Bill has once again created a deep divide between telecom operators (telcos) and over-the-top (OTT) players over the move to...
75 Indian companies line up for PLI Scheme for speciality...
- Sep 19, 2022
The government has received around 75 applications from domestic players under the Productive-Linked Incentives (PLI) Scheme for speciality steel,...
IRDAI’s new policy tries to make motor insurance...
- Sep 17, 2022
A new option in motor insurance brings good news for vehicle owners concerned with rising premium rates. This July, the Insurance Regulatory and...
Government panel calls for a Central law and a regulatory...
- Sep 16, 2022
India should create a regulatory body to classify online games as based on skill or chance, introduce rules to block prohibited formats and take a...
IRDAI makes it mandatory for dematerialisation of insurance...
- Sep 10, 2022
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed to mandate dematerialisation of all new insurance policies by...
Indian airlines likely to record Rs 15,000-17,000-cr loss...
- Sep 08, 2022
Domestic airline industry was expected to report a net loss of Rs 15,000-17,000 crore in this financial year (FY23) on account of elevated price of...
A new data protection law must strike a balance between...
- Aug 29, 2022
Early last month, the Centre scrapped the Data Protection Bill, 2021. Minister for Electronics and Information Technology Ashwini Vaishnaw informed...
All subsidised fertilisers to be sold under single brand...
- Aug 29, 2022
All subsidised fertilisers, including urea and DAP, will be sold under the single brand ‘Bharat’ from October. This move is aimed at ensuring...
RBI’s new norms foster right ecosystem for digital...
- Aug 23, 2022
The Reserve Bank of India (RBI) has finally cracked the whip on digital lending. Although the central bank has not banned online lending, it has...
Public sector general insurers incur combined losses of Rs...
- Aug 08, 2022
State-run general insurance companies did not comply with Finance Ministry’s guidelines on underwriting of group policies and witnessed huge losses...
Data protection Bill scrapped; new comprehensive law in the...
- Aug 05, 2022
The government on Wednesday withdrew controversial data protection and privacy Bill, which was first proposed in 2019 and had alarmed big technology...
Russia gulps down India’s share of crude oil imports from...
- Jul 28, 2022
India’s insatiable appetite for discounted Russian oil is eroding the dominance of traditional suppliers from the Middle East to Africa and the US...
Windfall tax on crude oil, export tax on fuels slashed as...
- Jul 21, 2022
The government on Wednesday scrapped a three-week-old tax on the export of petrol and cut windfall taxes on overseas shipments of diesel and ATF as...
ATF prices slashed by 2.2% to Rs 1,38,147.93 per kl to Rs...
- Jul 18, 2022
Jet fuel prices on Saturday were reduced by 2.2 per cent, reflecting a fall in international oil prices. Jet fuel or aviation turbine fuel (ATF)...
$2-billion food parks proposed in India to tackle food...
- Jul 15, 2022
The United Arab Emirates (UAE) pledged $2 billion to help develop a series of food parks in India to tackle food insecurity in South Asia and the...
State-run ONGC, OIL & GAIL corner a lion’s share of oil...
- Jul 09, 2022
State-owned ONGC, OIL and GAIL walked away with most of the eight blocks offered for exploration and production (E&P) of oil and gas in the OALP...
IT revenue set for a sharp fall in FY23 amid high inflation...
- Jul 08, 2022
The information technology (IT) services sector would see a sharp fall in revenue growth to 12-13 per cent in FY23 from 19 per cent in FY22, ratings...
Domestic raw coking coal output likely to touch 140 mt by...
- Jun 26, 2022
The government on Saturday said that the country’s domestic raw coking coal output may touch 140 million tonnes (mt) by 2030 from the present 51.7...
Auto parts companies’ revenues to rise by 10% in FY23,...
- Jun 21, 2022
Auto ancillaries’ revenues were expected to grow by 8 to 10 per cent in 2022-23 on the back of a stable demand and likely easing of supply-chain...
Musk and Tesla welcome to India, but they have to follow...
- Jun 19, 2022
Union Minister Mahendra Nath Pandey said on Saturday that Elon Musk and Tesla were welcome in India. But the government would not budge on its policy...
Nitin Gadkari calls for ethanol-fuelled construction and...
- Jun 05, 2022
Union Minister Nitin Gadkari on Saturday stressed on the need to switch to alternative fuel like ethanol and said that efforts were on to introduce...
Labour reforms soon as 90% of States ready with draft...
- Apr 28, 2022
Union Labour Minister Bhupender Yadav exuded confidence on Wednesday that four labour codes, which would bring another wave of reforms, would soon be...
NITI Aayog issues draft battery-swapping policy; phase-I...
- Apr 22, 2022
Government think-tank NITI Aayog on Thursday released a draft battery-swapping policy, under which all metropolitan cities with population above 40...
Mobile retailers’ body accuses online platforms of...
- Apr 16, 2022
A leading mobile retailers’ body has claimed that “unethical and monopolistic business practices” of online sales platforms are...
Amul MD R S Sodhi hints at further hike in prices of milk...
- Apr 06, 2022
Dairy cooperative Amul feels that prices will remain “firm” going forward due to increased pressure from energy, logistics and packaging...
Hotel bookings for March-May 2022 cross pre-pandemic...
- Mar 23, 2022
Hotel bookings for the March-May period this year had surpassed the pre-pandemic levels of the same period of 2019, led by strong domestic demand,...
Two years later, regular international flights to resume...
- Mar 09, 2022
After a two-year hiatus, India would resume regular international flights from March 27, the Ministry of Civil Aviation (MoCA) said on...
IIT Kharagpur’s Global Entrepreneurship Summit 2022 to...
- Mar 08, 2022
Global Entrepreneurship Summit (GES) is E-Cell IIT Kharagpur’s annual flagship initiative and one of the biggest inter-collegiate corporate...
Smartphone users to hit 100 crore by 2026, with rural India...
- Feb 23, 2022
India would have 1 billion (100 crore) smartphone users by 2026, with rural areas driving the sale of internet-enabled phones, a Deloitte study said...
Prime Minister Narendra Modi praises Indian startups for...
- Jan 23, 2022
Applauding Indian startups for their performance in 2021, Prime Minister Narendra Modi on Saturday said that he was proud of the country’s startup...
India’s B2B spending to grow three times faster than that...
- Jan 22, 2022
The total business-to-business (B2B) spending in India is expected to rise by 10.3 per cent in 2022 with the expenditure of the country's businesses...
RIL, M&M, Hyundai among 10 companies that submit bids under...
- Jan 15, 2022
Reliance Industries (RIL), Mahindra & Mahindra (M&M) and South Korea’s Hyundai Motor Co were among companies that had submitted bids under...
Distributors’ federation calls off boycott of Colgate’s...
- Jan 07, 2022
FMCG distributors on Thursday said that they had suspended their boycott of certain products of oral care-maker Colgate. The boycott came to an end...
Revival out of the question, COVID-infected hospitality...
- Dec 21, 2021
When the sun rises in 2022, the Indian hospitality industry will be waking up with prayers for survival. It will be desperately looking forward to...
Fourth round of commercial coal mining launched with 99...
- Dec 17, 2021
The government on Thursday launched the fourth round of auction of coal mines for commercial mining, under which 99 blocks had been put on sale. With...
Toyota lines up $35 billion to roll out 30 battery electric...
- Dec 14, 2021
Toyota Motor Corp said on Tuesday that it would invest 4 trillion yen ($35 billion) to build a line-up of 30 battery electric vehicles (BEV) by 2030...
International passenger flights to be suspended till...
- Dec 09, 2021
The Directorate General of Civil Aviation (DGCA) said on Thursday that suspension of international commercial passenger services to and from India...
Government puts on hold plan to restart international...
- Dec 01, 2021
Scheduled international flights, which were supposed to resume from December 15, have been deferred in view of the emerging threat from the new...
Scheduled international flights to start from December 15...
- Nov 26, 2021
Scheduled international flights to and from India would be resumed from December 15, the Civil Aviation Ministry said on Friday. Scheduled...
International passenger flights could take off by the end...
- Nov 24, 2021
International passenger flight services were expected to be normalised “very soon” and possibly by the end of this year, Civil Aviation Secretary...
Oil PSUs line up 22,000 EV charging stations in 5 years to...
- Nov 09, 2021
Indian Oil Corporation (IOCL) and two other public sector undertaking (PSU) oil companies will install 22,000 electric vehicle (EV) charging stations...
Buy-now-pay-later industry set for over 13-fold growth by...
- Nov 09, 2021
India’s buy-now-pay-later (BNPL) industry is booming and set to surge over ten-fold within four years as tens of millions of online shoppers get...
After Vodafone, Airtel too accepts government’s...
- Oct 25, 2021
Bharti Airtel informed the government that it would opt for the four-year moratorium on payment of AGR and spectrum dues, a source said on Monday....
Sales of fuel-efficient cars in sub-Rs 10 lakh category set...
- Oct 17, 2021
Cars with higher fuel efficiency and lower maintenance costs are expected to gain higher traction among buyers in India, especially in the sub-Rs 10...
Aircraft-makers lag behind rising demand for planes amid...
- Oct 16, 2021
Global shipping and supply chain disruptions are making it harder for corporate plane-makers and suppliers to meet resurgent demand for parts,...
Proposals of Nokia, HFCL, 29 others worth Rs 3,345 crore...
- Oct 14, 2021
The Department of Telecom on Thursday approved 31 proposals under the Production-Linked Incentive (PLI) Scheme, entailing an investment of Rs 3,345...
September retail sales clock 96% of pre-pandemic level of...
- Oct 13, 2021
Retail sales in September this year were at 96 per cent of the pre-pandemic levels of the same month in 2019 as the sector showed signs of recovery,...
Cabinet nod for 7 PM MITRA textile parks at Rs 4,445 crore...
- Oct 06, 2021
The Union Cabinet on Wednesday approved setting up of 7 Mega Integrated Textile Region and Apparel (MITRA) parks with a total outlay of Rs 4,445...
New rule lets miners sell 50% of coal & lignite from...
- Oct 05, 2021
The government on Tuesday said that it had amended rules with a view to allow 50 per cent sale of coal from captive mines. The move is likely to...
Government scraps OFB, transfers its assets, staff and...
- Sep 28, 2021
The Defence Ministry has dissolved the Ordnance Factory Board (OFB) with effect from October 1 and transferred its assets, employees and management...
Employment in nine non-farm sectors at 3.08 crore in Q1 of...
- Sep 27, 2021
Labour and Employment Minister Bhupender Yadav today released the report of first quarter of Quarterly Employment Survey (QES) part (April to June...
CCI slaps Rs 873-crore fine on beer-makers, AIBA for...
- Sep 24, 2021
The Competition Commission of India (CCI) on Friday imposed penalties totalling over Rs 873 crore on United Breweries (UBL), Carlsberg India, All...
Rs 400 crore scheme for promotion of medical device parks...
- Sep 24, 2021
In a bid to give further boost to its initiatives to make India ‘Aatmanirbhar’, the government of India has taken a key initiative to support...
Government notifies PLI scheme for automobile & auto...
- Sep 24, 2021
The government has issued notification regarding production linked incentive (PLI) scheme for automobile & auto components on 23.09.2021. The...
National Single Window System for investors launched
- Sep 22, 2021
Union minister for commerce & industry Piyush Goyal launched National Single Window System (NSWS) today. “NSWS will usher in azadi from...
Finance Ministry, NITI Aayog oppose some draft e-commerce...
- Sep 21, 2021
India’s plan to tighten rules on its fast-growing e-commerce market has run into internal government dissent, with the Ministry of Finance...
Huge relief for telecos, 4-year moratorium on spectrum...
- Sep 15, 2021
The Union Cabinet, headed by Prime Minister Narendra Modi, on Wednesday approved a four-year moratorium on payment of spectrum dues by telecom...
Customs Duty on crude palm oil, soyoil and sunflower oil...
- Sep 11, 2021
The government has slashed base Customs Duties on palm oil, soyoil and sunflower oil to ease elevated level of edible oil prices, according to the...
Wholesale auto sales in August drop by 11.7%, chip...
- Sep 10, 2021
As many as 1,08,508 units of passenger cars were sold in August 2021, auto industry body Society of Indian Automobile Manufacturers’ (SIAM) data on...
Cabinet’s nod for Rs 10,683-crore PLI scheme for textile,...
- Sep 08, 2021
The Union Cabinet on Wednesday approved the Production-Linked Incentive (PLI) scheme worth Rs 10,683 crore for textile sector with an aim to boost...
CRISIL survey sees auto dealers’ volumes rising by 15% in...
- Aug 30, 2021
Festive-season sales and pent-up demand, along with new launches, are expected to push automobile dealers’ volumes up by 10-15 per cent in FY22,...
Air taxis set to be a reality soon with relaxation of drone...
- Aug 26, 2021
Air taxis that would traverse the airspace instead of roads would be very much possible in the coming days under the drone rules announced on...
FRP of sugarcane for 2021-22 raised to Rs 290 per quintal
- Aug 25, 2021
The Centre on Wednesday hiked the minimum price that mills have to pay to sugarcane growers by Rs 5 per quintal to Rs 290 a quintal for 2021-22...
Union Cabinet gives nod to Rs 11,040-crore scheme to boost...
- Aug 18, 2021
The Union Cabinet on Wednesday approved the National Mission on Edible Oils-Oil Palm (NMEO-OP) with a financial outlay of Rs 11,040 crore to increase...
New Vehicle Scrappage Policy provides incentives for...
- Aug 13, 2021
Prime Minister Narendra Modi launched the Vehicle Scrappage Policy while virtually addressing the Gujarat Investor Summit on Friday.“The launch of...
Passenger vehicle sales in July hit the fast lane, but...
- Aug 12, 2021
Passenger vehicle sales jumped to 2.64 lakh units in July compared to 1.82 lakh units in the same period last year. Three-wheeler segment also saw a...
Big Bull Rakesh Jhunjhunwala set to float ultra-low-cost...
- Jul 28, 2021
Billionaire investor Rakesh Jhunjhunwala is planning on having 70 aircraft within four years for a new airline that he wants to set up in India on...
Supreme Court dismisses pleas by telcos seeking...
- Jul 24, 2021
The Supreme Court (SC) has termed pleas filed by Bharti Airtel, Vodafone Idea and Tata Teleservices, seeking recalculation of the adjusted gross...
Three advisory groups formed by Civil Aviation Ministry to...
- Jul 22, 2021
The Civil Aviation Ministry has constituted three advisory groups with representative of airlines, airport operators, cargo carriers, ground-handling...
70% of Gen Z Indians’ job applications rejected during...
- Jul 15, 2021
It has always been known that COVID-19 has badly battered the job market. Now, a study by LinkedIn, the world’s largest online professional...
NRAI moves CCI for inquiry against Zomato and Swiggy on...
- Jul 12, 2021
The National Restaurant Association of India (NRAI) on Monday said it had approached fair trade regulator Competition Commission of India (CCI) for a...
RIL’s green push, competition between Ambani & Adani may...
- Jul 07, 2021
Reliance Industries (RIL) Chairman Mukesh Ambani’s $10-billion entry into renewable energy could drive solar tariffs further to the ground and...
Deadline for suggestions to draft e-commerce norms...
- Jul 05, 2021
The government has extended the deadline for submitting suggestions and views on draft e-commerce rules by 15 days till July 21. Earlier, the last...
Manufacturing PMI in June slips to 11-month low as COVID...
- Jul 01, 2021
India’s domestic factory orders and production contracted to an 11-month low in June as measures to contain the Coronavirus put manufacturing into...
KVIC records highest ever turnover in FY 2020-21
- Jun 17, 2021
In a year completely marred by Covid-19 pandemic, Khadi and Village Industries Commission (KVIC) has recorded its highest-ever turnover. In the...
Indian IT companies set to slash 30 lakh jobs as automation...
- Jun 17, 2021
With automation taking place at a much faster pace across industries, especially in the technology space, domestic software companies that employ...
IIP of April 2021 loses steam as against March 2021 figures...
- Jun 12, 2021
The Index of Industrial Production (IIP) slowed to 126.6 in April 2021 from 145.5 in March 2021. The slowdown in factory output reflected the impact...
Diesel crosses Rs 100 mark in Rajasthan for the first time...
- Jun 12, 2021
Diesel price on Saturday breached the Rs 100-per-litre mark in Rajasthan after yet another increase in fuel rates. The hike also led to Karnataka...
M&M chief Anish Shah sees car sales reaching pre-pandemic...
- May 29, 2021
Mahindra & Mahindra (M&M) expects that it will take at least another two years for car sales to return to their pre-pandemic peaks, but a...
Domestic air travel to get costlier as government raises...
- May 29, 2021
Flights within the country are set to become costlier as the Ministry of Civil Aviation has decided to raise the lower limit on domestic air fares...
Electric two- and three-wheelers to outpace growth of other...
- May 27, 2021
Volume of electric two- and three-wheelers is expected to account for 8 to 10 per cent and 30 per cent of new vehicle sales in the country by 2025...
Poultry breeders’ association asks government to allow...
- May 24, 2021
Expressing concern over rise in animal feed prices in the domestic market, the All India Poultry Breeders’ Association (AIPBA) on Sunday demanded...
Sugar export subsidy cut from Rs 6,000 to Rs 4,000 per...
- May 20, 2021
The Centre on Thursday slashed subsidy on sugar exports from Rs 6,000 per tonne to Rs 4,000 per tonne with immediate effect in view of firm global...
Gem and jewellery exports in April jumps to Rs 25,226.11...
- May 18, 2021
The demand for gem and jewellery is back in major export markets, as the overall shipments of gems and jewellery surged to Rs 25,226.11 crore...
AIMTC urges government to provide blanket loan moratorium...
- May 13, 2021
The All India Motor Transport Congress (AIMTC), the apex body of transporters, on Wednesday said that it had requested the government for a blanket...
India largest exporter of vehicles to South Africa in 2020...
- May 08, 2021
India was the top country of origin for vehicle imports into South Africa despite the lengthy COVID-19 lockdowns and overall declines in vehicle...
Dell, Foxconn, Lava among 19 companies in the race for PLI...
- May 04, 2021
A total of 19 companies, including Dell, Rising Stars Hi-Tech (Foxconn) and Lava, have filed applications under the Production-Linked Incentive (PLI)...
Government orders fertiliser companies not to raise prices,...
- Apr 09, 2021
The Centre on Friday directed fertiliser companies not to increase maximum retail price (MRP) of non-urea fertilisers and asked them to sell at old...
Vehicle sales in March plunge by 28.64%, driven by fall in...
- Apr 08, 2021
Total vehicle registrations across categories declined by 28.64 per cent to 16,49,678 units in March 2021 compared with 23,11,687 units in the...
67 mines on offer in second tranche of commercial coal...
- Mar 25, 2021
The government on Thursday offered 67 coal mines for sale, launching the second tranche of commercial coal mining auction and termed it a step...
India’s renewable energy share in electricity must grow...
- Mar 23, 2021
Share of renewable energy in electricity must increase by 55-fold for India to achieve net-zero emissions by 2050, according to a report by...
The hike in FDI limit in insurance sector likely to act as...
- Mar 23, 2021
The Union Cabinet has given its permission to amend the Insurance Act, 1938 with an intention of allowing foreign ownership and control in the...
New scheme for tourist vehicle operators set to boost...
- Mar 15, 2021
The Ministry of Road Transport and Highways has announced a new scheme, under which any tourist vehicle operator may apply for an All India...
392 Routes proposed under UDAN 4.1; new routes proposed...
- Mar 15, 2021
The Ministry of Civil Aviation has proposed about 392 routes under UDAN 4.1 bidding process, coinciding with the Azadi Ka Amrit Mahotsav...
Vehicle retail sales in February slide by 13.43%; passenger...
- Mar 09, 2021
Total vehicle retail sales in February dipped by 13.43 per cent year-on-year (YoY), according to vehicle registration data released by industry...
EPFO subscribers set to earn 8.5% interest rate for...
- Mar 04, 2021
The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO) has recommended an 8.5 per cent annual rate of...
Spectrum auction ends in two days, government to garner Rs...
- Mar 03, 2021
India’s first auction of telecom spectrum in five years ended on Tuesday with Rs 77,814.80 crore of airwaves being bought by bidders. Over...
PLI Scheme promises to recharge India’s stagnating...
- Mar 02, 2021
Yet another scheme promises to revive the country’s manufacturing sector. After Make In India, another three-worded scheme of the Narendra...
PM Modi asserts government’s resolve for privatisation,...
- Feb 25, 2021
Prime Minister Narendra Modi on Wednesday strongly pitched for a transparent, monitored and continuous process to privatise assorted government...
Top global and local companies set to apply for telecom...
- Feb 24, 2021
Leading global telecom equipment manufacturers Cisco, Nokia, Ericsson, Jabil and contract manufacturer Flex and Foxconn are likely to apply for...
Cap on airlines’ capacity extended up to March 31, upper...
- Feb 11, 2021
The government has extended the limits on capacity and control on air fares till March 31. However, the government has increased the upper and...
Four-day workweek may become a reality, but working hours...
- Feb 09, 2021
Employees will have an option to work for four days a week in the country soon. The Union Labour Ministry has decided to allow companies to...
Falling domestic and global demand bode ill for the Indian...
- Jan 08, 2021
A severe slump in demand in global markets is set to batter the entire value chain of Indian cotton textile industry from cotton and yarn to...
Rs 3,500-cr sugar export subsidy in 2020-21
- Dec 31, 2020
The Union Cabinet has approved an assistance of Rs 3,500 crore for export of 6 million tonnes of sugar in the current marketing year through...
New norms give gas-pricing freedom
- Dec 31, 2020
Reliance Industries (RIL) and other producers of natural gas will no longer need the government’s approval for gas price, if it is arrived at...
FADA asks auto cos to bear airbag cost
- Dec 31, 2020
The government’s proposal to make dual-front airbags mandatory will lead to increase in price, and vehicle manufacturers should absorb the major...
