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Farmers protest may impact economic recovery: CII
New Delhi: The disruptions in supply chains caused by the current agitation by farmers in many parts of India will have a bearing on the economy over the coming days and may impinge upon the ongoing recovery from the economic contraction…
SUN Mobility rides on Microsoft Azure to help build future EVs
New Delhi: Microsoft on Tuesday said that electric vehicles solutions firm SUN Mobility is using its Azure Cloud as well as other solutions in developing a Cloud-connected swappable batteries to put the country on the road to the future.…
Facebook doubles down on India’s digital growth, helps SMBs
New Delhi: Facebook on Tuesday said that it is committed to help India quickly recover economically and socially in 2021 from the pandemic-hit year, by deepening support for small businesses and test and roll its new features from the…
Microsoft’s online event
Bhopal, Dec 15 (UNI) The Madhya Pradesh Technical Education Department is providing a free-of-charge opportunity to engineering and polytechnic pupils to comprehend the nuances of artificial intelligence, machine learning plus data science.…
Tata, Air India employees among ‘multiple bidders’ who have submitted EoI
New Delhi: On Monday, as the deadline for submission of Expression of Interest (EoI) closed for Air India disinvestment process, the Secretary of the Department of Investment and Public Asset Management (DIPAM) Tuhin Kanta Pandey said that…
FM reviews implementation of AatmaNirbhar Bharat package with secys
New Delhi: Banks have sanctioned additional credit amounting to Rs 2,05,563 crore to 80,93,491 borrowers under the Emergency Credit Line Guarantee Scheme (ECLGS).
The Rs 3 lakh crore ECLGS scheme was announced by the government early…
Gems, jewellery exports can now be couriered globally
New Delhi: Gems and jewellery exporters have been permitted to send their goods across the globe to their buyers using the convenience of cost effective and reliable courier services.
The Central Board of Indirect Taxes and Customs…
GST taxpayers to get flexibility to decide on monthly tax payment
New Delhi: Come January 1 and GST taxpayers would be able to pay their tax dues on a self assessment basis without having to go through the cumbersome process of filing tax returns on a monthly basis.
The Central Board of Indirect Taxes…
Currency Watch: Depreciation risk rises for rupee, as oil prices soar
Mumbai: Rising crude oil prices along with widening trade deficit has elevated the depreciation risk level for the Indian rupee during the upcoming week.
Accordingly, other factors like failure of Brexit talks as well as changes in US…
CII Infrastructure Conclave in MP capital
Bhopal, Dec 14 (UNI) Madhya Pradesh Public Works Minister Gopal Bhargava on Monday underlined the crucial role of industrial institutions coupled with robust infrastructure in attaining the cherished objective of a self-reliant state,…
FM reviews progress of various schemes under 3 packages; banks sanction Rs 2.05 lakh crore to MSMEs
NEW DELHI: Finance Minister Nirmala Sitharaman took stock of progress made under various schemes under the three Aatmanirbhar Bharat Packages (ANBP) to help revive economy hit hard by the outbreak of COVID-19 pandemic.
Following…
GST officers arrest 140 persons on charges of fake invoicing
NEW DELHI: GST authorities have arrested as many as 140 persons, including five chartered accountants, in about a month's time on charges of issuing fake invoices, and have now trained their guns on entities transporting under-valued goods.…
With focus on tier-2 cities, Big Bazaar aims to have 300 hypermarket stores
NEW DELHI: Country's leading hypermarket chain Big Bazaar, which has its presence in over 100 cities across the country, is planning to open 16 more stores to take the overall count to 300 over the next three quarters, a company official…
ED finds Rs 2.21 crores in wanted Rauf Sheriff’s bank account
Kochi (Kerala) , December 13 The Enforcement Directorate (ED) has found Rs 2.21 crores in the bank accounts of Rauf Sheriff, general secretary of Campus Front of India, a student organisation. He was wanted in a money laundering…
November car sales rise; semi-conductor shortage likely to hit firms
NEW DELHI: Passenger vehicle sales (factory dispatches) grew by 4.65 per cent in November year-on-year, coming in at 264,898 units against 253,139 units sold in the same month last year, according to the latest data from the Society of…
India’s factory output grows 3.6 per cent in October
NEW DELHI: Signalling what appears to be a sustained recovery, India’s industrial production rose to an eight-month high of 3.6% in October on the back of pickup in manufacturing, consumer goods and power sectors. The IIP had contracted by…
Indian Oil launches 5 kg LPG cylinder ‘Chhotu’ in New Delhi
Mumbai: Indian Oil christened its 5 kg free trade LPG (FTL) cylinder, Chhotu, and launched it in New Delhi on Friday. In a small virtual ceremony, Indian Oil’s Chairman SM Vaidya along with Indian Oil’s Director (Marketing) Gurmeet Singh…
Recovery faster than expected; economic indicators encouraging: PM Modi at FICCI AGM
New Delhi: Prime Minister Narendra Modi said that India has been through ups and downs this year and it is good that things are improving swiftly. He said that while there are many challenges at hand, the government has the solutions and a…
Hyundai buys controlling stake in Boston Dynamics in $1.1bn deal
Boston: Hyundai Motor Group on Friday announced to acquire controlling stake from SoftBank in consumer robot maker Boston Dynamics in a deal that values the company at $1.1 billion.
Hyundai is taking about 80 per cent stake in the…
Amazon now biggest corporate buyer of renewable energy: Bezos
San Francisco: Amazon founder and CEO Jeff Bezos has said that his company has become the largest-ever corporate purchaser of renewable energy after it added 26 new wind and solar energy projects totaling 3.4 gigawatts (GW) of electricity…
