Business News

With hospitals across the nation following different tariff structures, a top official of the Insurance Regulatory and Development Authority of India (Irdai) has proposed that either there must be a separate regulator for the healthcare…

IT Minister Ashwini Vaishnaw on Sunday exhorted the banking industry to create an innovative digital platform — as powerful, seamless and robust as UPI — for providing quick and easy credit to MSME, small businessmen, and those at the…

The real estate industry has experienced many crests and troughs since the outbreak of the pandemic in 2020. However, the overall impact of it is favourable for the real estate industry. Let’s talk about the recent trends in the real estate…

The National Company Law Tribunal (NCLT) on Monday admitted the petition moved by the RBI to initiate insolvency proceedings against Reliance Capital (RCL) under the Insolvency and Bankruptcy Code (IBC). The NCLT’s Mumbai bench also…

New Delhi, Dec 3 (UNI) Ahead of the third round of negotiations on the India-UAE Comprehensive Economic Partnership Agreement (CEPA) scheduled to be held in New Delhi on 6-10 December 2021, Minister of Commerce and Industries Piyush Goyal…

Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies. Bitcoin was 12 per cent down at 0920 GMT at $47,495.…

A strong regulatory ecosystem including purchase-price subsidies and tax exemptions can fuel electric mobility growth in the country, a senior official of Italian luxury car maker Maserati said. Such a regulatory ecosystem of any country…

Finance Minister Nirmala Sitharaman on Saturday urged officials of intelligence wings to ensure a logical and speedy conclusion to every case which would act as a deterrence for perpetrators of economic crimes such as smuggling. “Logical…

Ramesh Narayan has been inducted into the AFAA Hall of Fame for the year 2021, at the inaugural AdAsia conference being held in Macau. “Ramesh Narayan is a legend who has the ability to look past what’s good enough and focus on making…

Hyderabad, Dec 4 (UNI) Telangana Transport Minister Puvvada Ajay Kumar has said that promoting Electric Vehicles (EVs) is the foremost priority of the state government. Speaking at the high-level ministerial round-table conference…

MUMBAI: The recent clarification by the Reserve Bank of India on non-performing advances (NPA) may increase non-banking financial companies' (NBFC) bad loans by one-third, says a report. Last month, the RBI had provided clarification on…

NEW DELHI: Millennials are leading the charge when it comes to buying pre-owned vehicles in the country, according to research report by online used car marketplace CARS24. The company has collaborated with leading research firm IPSOS to…

Itanagar, Dec 2 (UNI) Arunachal Pradesh Chief Minister Pema Khandu on Thursday dedicated to the people of the state the Sumbachu Small Hydropower Project (SHP) at Zemithang village in Tawang district. The 2x1.5 MW Power Station, located…

Forty-two years ago, Liu Siong Song built machines to help factories make cheap toys and watches. Then he made them for motorcycle companies. Now he helps Tesla, in the words of Elon Musk, “make full-size cars in the same way that toy…

The Reserve Bank of India (RBI) has batted for more functional autonomy to civic bodies as the Covid pandemic has put severe strain on the third tier of the government. “With the third-tier governments in India playing a frontline role…

The domestic electronics manufacturing industry has committed to generating a revenue of $300 billion by 2025-26, Minister for Electronics and Information Technology Ashiwini Vaishnaw said on Wednesday. “When we were reviewing what…

Justin Bieber performed at a live concert in November, but the show wasn’t in a stadium or arena. Like recent performances from Ariana Grande, the Weeknd and Travis Scott, this concert was held in the metaverse, the online world that…

The Income Tax Department has detected undisclosed income of more than Rs 500 crore after it recently raided a Jaipur-based group engaged in manufacturing and export of jewellery and coloured gem stones, the CBDT said on Wednesday.…

Washington, Nov 30 (UNI/Sputnik) Microsoft CEO Satya Nadella sold half of his shares in the company presumably due to an upcoming Washington state law imposing a 7 per cent tax on long-term capital gains over $250,000 that is due to take…

The Reserve Bank of India has constituted a three-member advisory committee to assist the Administrator of Reliance Capital Ltd which came under the insolvency process on Monday. The members of the Advisory Committee include Sanjeev…