INDUSTRY
SEBI tightens SME listing norms, bars IPOs to repay loans...
- Dec 19, 2024
The Securities and Exchange Board of India (SEBI) has tightened regulatory framework for SME IPOs to allow only those entities that have an operating...
E-waste rises by 72% in the past 5 years, with 21 types of...
- Dec 17, 2024
The country saw an increase of around 72 per cent in e-waste generated from electrical and electronic equipment (EEE) such as smartphones, computers,...
CII tells government not to be “overly aggressive” in...
- Dec 09, 2024
The Confederation of Indian Industry (CII) has urged the Centre not to be overly aggressive in cutting fiscal deficit in the upcoming Union Budget....
A new credit guarantee scheme for MSMEs set to be launched,...
- Nov 11, 2024
Union Finance and Corporate Minister Nirmala Sitharaman has said that the Ministry of Micro, Small and Medium Enterprises (MSMEs) will get...
SEBI asks mutual funds to disclose expenses separately for...
- Nov 06, 2024
Mutual fund houses will now need to disclose expenses of direct and regular plans of a scheme separately.A circular issued on Tuesday, by the...
GoM calls for exempting GST on premiums for term life and...
- Oct 20, 2024
Goods and Services Tax (GST) on term life insurance premiums and premium paid by senior citizens for health cover is likely to be exempted from tax,...
Postal, banking and insurance leaders brainstorm at a...
- Oct 19, 2024
The Department of Posts, Maharashtra Circle, recently hosted the Last Mile Connect Conclave under the auspices of Chief Postmaster General Amitabh...
Malls need to be “more humane” towards delivery...
- Oct 07, 2024
Zomato CEO Deepinder Goyal on Sunday said malls needed to be “more humane” towards delivery partners, sharing his first-hand experience as a...
REC disburses Rs 90,955-crore loans in H1 of FY25, up by...
- Oct 06, 2024
State-owned Rural Electrification Corporation (REC) has disbursed loans worth Rs 90,955 crore during April-September FY25 (H1 of FY25), up 20.10 per...
HOMETHON Property Expo 2024 all set to go green with focus...
- Oct 04, 2024
The National Real Estate Development Council (NAREDCO) Maharashtra, which has organised the third edition of India’s largest real estate property...
Government extends approval system for IT hardware imports...
- Sep 25, 2024
The government on Tuesday extended the existing approval system for import of certain IT hardware products, including laptops and tablets, for three...
8 top cities to add only a third of retail space demand at...
- Sep 23, 2024
Fresh supply of retail space in shopping malls during 2024-27 across eight major cities is expected to be 18 million sq ft, which is one-third of the...
Cabinet nod for Rs 10,900-crore PM E-DRIVE – replacing...
- Sep 12, 2024
The Union Cabinet on Wednesday approved the PM E-DRIVE Scheme with an outlay of Rs 10,900 crore for two years to boost adoption of electric vehicles...
Education loans to grow fastest with AUM set to expand by...
- Sep 09, 2024
Education loans, primarily those to fund courses overseas, will continue to be among the fastest-growing segments for non-banking financial companies...
GTRI cautions about perils of Chinese investments turning...
- Sep 07, 2024
Policy think-tank Global Trade Research Initiative (GTRI) has cautioned India to guard itself from becoming an “electric vehicle (EV) colony” for...
Defence Ministry’s nod for Rs 1,44,716-crore, 10 capital...
- Sep 04, 2024
The Defence Ministry on Tuesday approved the procurement of future-ready combat vehicles (FRCVs) for modernisation of the Army's tank fleet and air...
Financial constraints stall about 2,000 housing projects...
- Aug 16, 2024
Nearly 2,000 housing projects comprising 5.08 lakh units are stalled across 42 cities in the country, mainly due to financial mismanagement by...
TRAI’s new quality of services rules will add to...
- Aug 05, 2024
The Cellular Operators’ Association of India (COAI) has said that the new quality of services (QoS) rules notified by the Telecom Regulatory...
The SC verdict letting States to tax mining has...
- Aug 03, 2024
Last month, a nine-judge Constitution Bench of the Supreme Court ruled that States can tax mineral rights and mineral-bearing lands. The apex court...
Lack of access to raw materials deeply impacts Indian...
- Jul 22, 2024
India’s garment exports in 2023-24 at $14.5 billion were lower than what was achieved in 2013-14. It is not competition in world markets, but lack...
18 lakh jobs in financial sector lying vacant due to lack...
- Jul 18, 2024
A top official of the Financial Planning Standards Board (FPSB) India has said that India is facing an issue of unemployability in the financial...
Tier-I cities are the hub of blue-collar gig employment...
- Jul 14, 2024
With a rise in gig economy, tier-I cities have led in short-term, blue-collar employment opportunities, accounting for 67.1 per cent openings from...
New policy in the works to push shipbuilding industry up...
- Jul 05, 2024
The government will come up with a new shipbuilding and ship repair policy soon to make India among the top-10 countries in the sector by 2030 and...
Spectrum auction ends in two days by garnering mere Rs...
- Jun 27, 2024
An auction of radio waves that carry voice and data signals for mobile phones ended within two days on Wednesday, garnering less than 12 per cent of...
Rising demand turns India from net exporter to net importer...
- Jun 21, 2024
In a shift from its status as a net exporter of steel since FY17, India has become a net importer in FY24. The country recorded an overall steel...
ICRA top executive sees PLI Scheme getting Rs 4-l cr...
- Jun 13, 2024
Production-Linked Incentive (PLI) Scheme is expected to attract investments of around Rs 4 lakh crore in the next four years and generate 2,00,000...
Despite flying high, Indian airlines’ losses set to widen...
- Jun 06, 2024
Domestic airlines are likely to widen losses to between $400 million and $600 million in FY25 despite a likely rise in traffic, aviation consulting...
India’s food safety regulations and enforcement still...
- May 30, 2024
Nine years ago, Maggi hit the headlines for all the wrong reasons. The popular noodle brand of Nestle India was found to have contained MSG...
Strict guidelines out to check EtO contamination in spices...
- May 21, 2024
India has come out with detailed guidelines to prevent EtO contamination in spices for exports, an official has said. EtO is ethylene oxide, a...
FMCG companies see volume growth in FY25, aided by normal...
- May 13, 2024
Leading fast-moving consumer goods (FMCG) companies expect volume-led growth in FY25, with a revival in consumption supported by a lower inflationary...
Credit flow to housing sector surges by Rs 10 l cr in the...
- May 06, 2024
Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two financial years to reach a record Rs 27.23 lakh crore in...
RBI’s actions against regulated entities are aimed at...
- May 03, 2024
Kotak Mahindra Bank is the latest financial institution to come under the Reserve Bank of India’s (RBI) lens. The central bank’s recent directive...
Consumer goods companies ride the heat wave, launch new...
- Apr 16, 2024
Consumer goods companies such as makers of cooling systems, beer and ice cream are attempting to capitalise on a hotter-than-usual summer season by...
India’s renewable energy capacity rises by 21% to 18.48...
- Apr 15, 2024
India has added a record renewable energy capacity of 18.48 gw in 2023-24, which is over 21 per cent higher than 15.27 gw a year ago, according to...
Air fares soar by 25% as Vistara slashes flight operations...
- Apr 10, 2024
Air fare prices are witnessing a further surge as Vistara has announced plans to scale down operations by reducing 25-30 flights per day, equivalent...
India net importer of finished steel in FY24 amid growing...
- Apr 09, 2024
India was a net importer of finished steel during the 2023-24 financial year that ended on March 31, according to provisional government data.The...
DoT tells telecom companies to deactivate USSD service to...
- Mar 30, 2024
The Department of Telecommunications (DoT) has asked telecom operators to deactivate Unstructured Supplementary Service Data (USSD)-based call...
IRDAI rolls out new rules, unifying six norms, including...
- Mar 27, 2024
Insurance Regulatory and Development Authority of India (IRDAI) has notified a host of regulations, including on surrender charges, wherein insurers...
With a fine mix of incentives and conditions, the new...
- Mar 24, 2024
A lot of thought seems to have gone into India’s newly-unveiled electric vehicle (EV) policy. The policy is a fine mix of incentives and...
Big technology companies oppose ex-ante regulations in...
- Mar 14, 2024
Large technology companies such as Google, Apple, Flipkart, Amazon and Uber have opposed pre-emptive regulation proposed in the draft Digital...
Signs of price manipulation in SME public offers and...
- Mar 12, 2024
Sebi Chairperson Madhabi Puri Buch on Monday said that the capital markets regulator was seeing “signs” of price manipulation in the small and...
India adds record 3.2 gw of open access solar capacity...
- Mar 10, 2024
India added a record 3.2 gw of open access solar capacity during 2023, posting a 6.66 per cent rise supported by factors, including reduced module...
India set to join global semiconductor stage with huge...
- Mar 04, 2024
India will join the high-stake global stage of semiconductor manufacturing in the next five years as it combines unparalleled design capabilities...
Government set to issue draft AI regulatory framework by...
- Feb 21, 2024
Minister of State (MoS) for Electronics and Information Technology Rajeev Chandrasekhar on Tuesday said that the government was mulling to unveil a...
RBI’s action on Paytm bank signals that compliance is not...
- Feb 19, 2024
The Reserve Bank of India’s regulatory action on Paytm Payments Bank (PPBL) had drawn attention of fintech firms to the importance of complying...
FMCG volume in Q42023 grows by 6.4% annually, rural-urban...
- Feb 07, 2024
Fast-moving consumer goods (FMCG) industry’s volume grew by 6.4 per cent year-on-year in the October-December 2023 quarter with an uptick in...
Core sector growth in December 2023 hits 14-month low of...
- Feb 01, 2024
The eight core sectors posted growth of 3.8 per cent in December 2023, according to data released by the Ministry of Commerce and Industry on...
Foreign inflow into realty slides by 30% in 2023, but...
- Jan 28, 2024
Inflow of funds in Indian real estate from foreign investors fell by 30 per cent to $2.73 billion last year, but the influx jumped more than two...
New disclosure norms not to impact a large number of FPIs:...
- Jan 25, 2024
Market regulator SEBI does not expect a large number of foreign portfolio investors (FPIs) to be impacted by the new beneficial ownership disclosure...
Indian airlines’ order book set to soar to 2,000 by March...
- Jan 20, 2024
Indian carriers are expected to have an order book for 2,000 planes by March next year, with long-term rapid growth for both domestic and...
Computer software services exports up by 12.21% to $193...
- Jan 16, 2024
Exports of computer software and services, including IT-enabled services (ITeS) and BPO, logged 12.21 per cent growth during 2022-23 to touch $193...
Footwear industry set to expand by three times to $90...
- Jan 10, 2024
Market size of Indian footwear industry can increase by over three times to $90 billion by 2030, provided a host of measures such as a ban on...
Ministry of Road Transport notifies new emission test...
- Jan 09, 2024
The Ministry of Road Transport and Highway (MoRTH) has notified new emission test standards for vehicles seeking approval under BS-VI emission norms....
Post-Alaska mishap, DGCA tells airlines to check emergency...
- Jan 07, 2024
The Directorate General of Civil Aviation (DGCA) on Saturday asked all Indian carriers to inspect emergency exits of their Boeing 737-8 Max...
Fuel retailers raise price of maize-based ethanol by Rs...
- Jan 05, 2024
State fuel retailers have raised the purchase price of ethanol made from maize by Rs 5.79 a litre to Rs 71.86 rupees per litre to encourage its...
Electronics manufacturing to expand by 15% to $115 billion...
- Jan 01, 2024
India’s electronics manufacturing sector is set to grow by 15 per cent to be worth $115 billion in 2024, with players continuing to focus more on...
PLI Scheme for 14 sectors gets Rs 95,000 crore investments...
- Dec 27, 2023
The Production-Linked Incentive (PLI) Scheme for 14 sectors had attracted over Rs 95,000 crore in investment till September this year, an official...
Automakers see a moderate 2024 after record-breaking sales...
- Dec 25, 2023
After posting record-breaking volumes in 2023, Indian automobile industry is driving into the new year aware of a lurking moderation in sales growth...
Bauma CONEXPO India, CFI join hands for exhibition,...
- Dec 21, 2023
Bauma CONEXPO India will partner with Construction Federation of India (CFI) for its upcoming 7th edition in North India. One of the premier...
SEBI chief Madhabi Puri Buch mulls launching sachet SIPs at...
- Dec 10, 2023
SEBI Chairperson Madhabi Puri Buch has said that the capital markets regulator wishes to sachetise mutual fund investments going...
Construction industry turns robust again as housing boom...
- Dec 03, 2023
If India needed any more proof that it was in the midst of a huge housing boom, it got in this week’ GDP data, heightening expectations that the...
PE players, new young investors & a host of factors are...
- Nov 30, 2023
The primary market is on cloud nine. In the 11 months of 2023, 47 companies have successfully raised Rs 44,298 crore through initial public offers...
SEBI moots easier insider trading norms, proposes to cut...
- Nov 25, 2023
Markets regulator SEBI on Friday proposed to ease certain provisions of the insider trading law. This will make it easier for management to trade in...
Government tables new Bill to regulate OTT, digital and new...
- Nov 11, 2023
The government on Friday unveiled a Bill that seeks to consolidate regulatory framework for broadcasting services, including Over-The-Top (OTT) and...
86 thermal power plants “critical” with less than 25%...
- Oct 23, 2023
As many as 86 thermal power plants in the country, including six imported dry fuel-based, had critical coal stock levels as of October 18, according...
Around 70% of two-wheelers on roads expected to be electric...
- Oct 19, 2023
Heavy Industries Secretary Kamran Rizvi said on Wednesday that 60-70 per cent of the total two-wheelers on the road would be electric. He added that...
IT hiring to slow down amid falling global growth, cut in...
- Oct 16, 2023
Weak global cues and a cut in discretionary spending by clients are expected to sharply reduce campus intake by the Indian IT industry this year....
Govt rolls back move to impose curbs on import of laptops...
- Oct 14, 2023
The government is rolling back its plan to restrict laptop imports, months after suddenly announcing the move to introduce a licence system which was...
Amendments to Cable TV rules notified, pave the way for...
- Oct 06, 2023
In a bid to boost investors’ confidence, the government on Thursday notified amendments to the Cable Television Networks Rules that provide the...
SIDBI, DLAI ink pact to boost fintech sector, enhance MSME...
- Sep 24, 2023
Small Industries Development Bank of India (SIDBI) on Saturday said that it had inked an agreement with the Digital Lenders’ Association of India...
Sensex reclaims 67,000 points, Nifty hits record 20,000,...
- Sep 12, 2023
Benchmark Sensex jumped by 528 points to regain the 67,000 level, while Nifty scaled the record 20,000 mark for the first time on Monday. Robust...
Overheating of small-cap stocks brings fears of a downturn...
- Sep 08, 2023
A rally in Indian equities that has swelled the market’s total valuation by $775 billion in a little more than five months has been accompanied by...
New orders drive manufacturing to fastest three-month...
- Sep 02, 2023
Manufacturing sector experienced its fastest growth in three months in August, propelled by robust increases in new orders and production, as...
No silver bullet for green transition, need government...
- Aug 27, 2023
There was “no silver bullet” for green transition in hard-to-abate sectors, including steel, Tata Steel global CEO and MD T V Narendran said on...
Over 1,100 exhibitors, 15,000 visitors expected at Bangkok...
- Aug 24, 2023
Thailand’s Department of International Trade Promotion (DITP) and the Gem and Jewelry Institute of Thailand (GIT) conducted a roadshow in Jaipur...
Darjeeling tea industry a “patient in ICU & on death...
- Aug 18, 2023
Darjeeling tea industry was a “patient in ICU” and virtually on its death bed, Indian Tea Exporters' Association (ITEA) Chairman Anshuman Kanoria...
SEBI halves IPO listing time to 3 days, benefiting both...
- Aug 10, 2023
Capital markets regulator SEBI on Wednesday halved the timeline for listing of shares on stock exchanges after the closure of initial public offers...
Government puts import curbs on laptops, computers;...
- Aug 04, 2023
The government on Thursday imposed import restrictions on laptops, tablets and certain types of computers with immediate effect for security reasons...
Govt mulls expanding Semiconductor DLI scheme to big...
- Jul 30, 2023
Aiming to make India self-reliant in chips, the government was looking to expand the Semiconductor Design-Linked Incentive (DLI) scheme to bigger...
FM hints at govt launching PLI for chemicals &...
- Jul 28, 2023
The government would consider introducing Production-Linked Incentive (PLI) scheme for chemicals and petrochemicals to encourage domestic...
PSBs in real danger of privatisation despite playing vital...
- Jul 19, 2023
All India Bank Officers’ Confederation (AIBOC), the apex body of bank officers in the country, on Tuesday said State-run lenders were in “real...
Manufacturing, mining push industrial production up by 5.2%...
- Jul 13, 2023
Industrial output rose by 5.2 per cent year-on-year in May, data from the Ministry of Statistics showed on Wednesday. Manufacturing, which...
RBI rejects applications of three entities for small...
- Jul 05, 2023
The Reserve Bank of India (RBI) has rejected three applications, including that of West End Housing Finance, for setting up small finance banks....
Banks’ net NPAs fall to a decade low of 3.9%, reveals...
- Jun 29, 2023
Scheduled commercial banks’ (SCBs) net non-performing assets (NPA) ratio fell to a 10-year low of 3.9 per cent in March 2023, the Reserve Bank of...
Russian oil may account for 30% of Indian imports by FY24:...
- Jun 18, 2023
Russia may account for almost a third of India’s oil imports by the end of the current financial year, Arun Kumar Singh, the chairman and CEO Oil...
Ramesh Chand calls for focus on manufacturing to transform...
- Jun 08, 2023
India did not consist of binary rural and urban areas anymore, and the country needed to look at taking manufacturing to its villages to fill the...
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...
