Honda Motorcycle & Scooter India sells over 5 Lac units in September
Oct 04, 2023, at 11:16 pm
Kicking-off the festive season, Honda Motorcycle and Scooter India (HMSI) has crossed 5 Lac sales mark in September’23 – the highest for FY’2023-24.
SBI launches ‘Mobile Handheld Device’
Oct 04, 2023, at 11:01 pm
The State Bank of India on Wednesday said it is availing banking services has announced introduction of 'Mobile Handheld Device’ for its FI customers.
India's Sept coal prodn grows 16% Y-o-Y to 67 MT
Oct 04, 2023, at 07:47 am
New Delhi: India produced 67.21million tonne (MT) of coal in September, surpassing the figures of 58.04 MT of the corresponding month in previous year, representing an increase of 15.81%.
Oct 04, 2023, at 07:13 am
New Delhi: World Bank senior economist Dhruv Sharma has said India must achieve an approximate growth rate of 8 percent to attain developed country status by 2047, and underscored that achieving such rapid growth is unlikely with the current low level of female workforce participation, media reported.
RBI's Monetary Policy Committee likely to keep repo rate steady at 6.50%: Report
Oct 04, 2023, at 06:33 am
Mumbai: Experts are anticipating that the Monetary Policy Committee (MPC) will keep the repo rate steady at 6.50 percent and sustain a stance of 'Withdrawal of Accommodation' in the forthcoming October monetary policy.
HDFC Bank making changes to top management after mega merger
Oct 04, 2023, at 04:21 am
Mumbai: HDFC Bank is revamping its top management to bolster its mortgage business following its acquisition of another lender three months ago, Bloomberg reported.
Abu Dhabi's International Holding Company increases stake in Adani Enterprises by 5%
Oct 04, 2023, at 03:16 am
Mumbai: After divesting its shares in two Adani Group firms, Abu Dhabi's International Holding Company (IHC) announced on Tuesday that it has increased its stake in the group's primary entity, Adani Enterprises Ltd, to over 5 percent, reported Moneycontrol.
GST Payment for E-Commerce Businesses: Challenges and Solutions
Oct 04, 2023, at 02:00 am
In the realm of e-commerce, GST Payment represents a significant aspect that businesses need to handle efficiently. The introduction of the Goods and Services Tax (GST) in India marked a revolutionary tax reform aiming to subsume multiple indirect taxes into a unified system. However, for e-commerce businesses, it has brought along its own set of challenges. This article will dive deep into these challenges and introduce you to feasible solutions to significantly ease the process.
Indian Market: Sensex down 316.31 pts
Oct 03, 2023, at 11:44 pm
The BSE Sensex on Tuesday dropped 316.31 pts to close at 65,512.10 because of foreign fund outflows amid sluggish Asian Market.
Hyundai announces six airbags as standard for all models
Oct 03, 2023, at 10:04 pm
Automobile major Hyundai Motor India Limited (HMIL)on Tuesday announced three key announcements cementing HMIL’s proactive approach towards introducing safer mobility solutions for Indian customers.
World Bank pegs India's FY24 GDP growth at 6.3%
Oct 03, 2023, at 07:30 pm
New Delhi/UNI: The World Bank has projected India’s GDP growth for the current financial year 2023-24 at 6.3% even as global headwinds continue to persist and intensify further due to high interest rates, geopolitical tensions and sluggish global demand.
IndiGo commences operations between Delhi-Itanagar
Oct 02, 2023, at 11:40 pm
Private airlines major IndiGo has commenced exclusive direct flights between Delhi and Itanagar, effective October 2, 2023.
Govt extends tenure of CBDT Chairperson Nitin Gupta
Oct 01, 2023, at 05:04 am
New Delhi: CBDT Chairperson Nitin Gupta, a 1986-batch IRS officer, received a nine-month extension in service on a contract basis from the Union government on Saturday, media reports said.
IREDA upgraded from ‘Schedule B’ to 'Schedule A' CPSE
Oct 01, 2023, at 01:15 am
New Delhi: Renewable Energy Development Agency Ltd (IREDA), the largest pure-play green financing Non-Banking Finance Company in India, has been upgraded from 'Schedule B' to the 'Schedule A' category of Central Public Sector Enterprises.
India retains the 40th Position in Global Innovation Index 2023
Oct 01, 2023, at 12:57 am
New Delhi: India retained the 40th position out of 132 economies in the Global Innovation Index (GII) 2023, reflecting a remarkable journey from its 81st rank in 2015 to this notable achievement.
EPFO extends three months’ time for employers to upload wage details by Dec 31
Oct 01, 2023, at 12:46 am
New Delhi: The Central Board of Trustees of EPFO has extended the time, for the employers to submit wage details and other required information till December 31, 2023.
Govt's total gross liabilities grow 2.2% Q-o-Q to Rs 1,59,53,703 cr
Oct 01, 2023, at 12:41 am
New Delhi: The total gross liabilities of the government, including those under the 'Public Account', saw a marginal increase to Rs 1,59,53,703 crore from Rs 1,56,08,634 crore in end-March 2023, reflecting a 2.2% quarter-on-quarter rise in Q1 FY24.
RBI extends deadline for returning Rs 2000 bank notes till October 7
Oct 01, 2023, at 12:29 am
The Reserve Bank of India (RBI) on Saturday extended the deadline for exchanging or depositing Rs 2000 banknotes by a week to October 7, 2023.
Sep 30, 2023, at 08:18 pm
The U.S. Consulate General Kolkata, in partnership with the Aroh Foundation and Nexus Start-up Hub, organized a boot camp and Shark Tank Style Pitching Event for a group of nearly 20 women entrepreneurs on Friday in Kolkata.
Vee Technologies adds fourth facility in Bengaluru
Sep 30, 2023, at 04:36 pm
Bengaluru: To cater to its growing services business, IT and Tech firm Vee Technologies has added a new development facility at Hebbal, its fourth in Bengaluru.
Sep 30, 2023, at 05:52 am
New Delhi: Union Minister of State for Commerce & Industry Anupriya Patel stressed harnessing the opportunities available to the SCO region, which accounts for 40% of the global population and 30% of the world's economy, for mutually beneficial, balanced and equitable growth
NLC India Ltd inks Power Purchase Agreement with GRIDCO Ltd for 800MW
Sep 30, 2023, at 05:31 am
Bhubaneshwar: NLC India Limited (NLCIL) and GRIDCO Ltd on Friday signed a Power Purchase Agreement (PPA), the Ministry of Coal said in a statement.
Coal Ministry signs agreement with six successful bidders for commercial mining of 91 mines
Sep 30, 2023, at 05:28 am
New Delhi: The Ministry of Coal has executed agreements with six successful bidders of coal mines under Commercial Mining in the 7th round of auctions on Friday.
Vedanta announces demerger of business into 6 entities
Sep 30, 2023, at 04:39 am
New Delhi / London: Vedanta Ltd on Friday announced its plan to demerge its business units into independent “pure play” companies to unlock value and attract big-ticket investment into the expansion and growth of each of the businesses.
L&T Finance partners with Ather Energy to offer up to 100% of Loan-to-Value (LTV) on EVs
Sep 30, 2023, at 03:51 am
Mumbai: L&T Finance, a Non-Banking Financial Company (NBFC), on Friday announced a partnership with EV manufacturer Ather Energy.
US economy: Consumer spending grows in Aug, underlying inflation eases
Sep 30, 2023, at 03:32 am
Washington: Consumer spending in the U.S. rose in August, although the core inflation rate, excluding food and energy, showed a decrease, falling below 4.0% compared to the previous year, Reuters reported.
India to grow at avg rate of 6.5% between 2023-30
Sep 30, 2023, at 02:43 am
Kolkata: Chief Economic Advisor V Anantha Nageswaran stated on Friday that the Indian economy is set to achieve an average annual growth rate of 6.5 percent from 2023 to 2030.
India's core sector output moves up to touch 12.1 pc in August
Sep 29, 2023, at 11:37 pm
India's core sector comprising of eight key infrastructure components grew 12.1% year-on-year in August 2023, according to data released by Commerce and Industry Ministry on Friday.
Air India Express takes delivery of the first two Boeing 737 MAX-8 aircraft of its large fleet order
Sep 29, 2023, at 11:29 pm
Air India Express on Friday said it took delivery of its first two new Boeing 737 MAX-8 aircraft at the Boeing facility in Washington, USA.
Uzbekistan: Doing business will become easier and more profitable
Sep 28, 2023, at 05:53 pm
Over the past seven years, entrepreneurship has become a priority in Uzbekistan's policy. It is evident how much attention the government dedicates to this area.