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European Parliament approves $1.2 Trillion Budget
Brusseles Dec16 (Sputnik) - The European parliament on Wednesday approved the seven-year budget of over one trillion euros ($1.2 trillion).
According to a statement published on the European Parliament, the legislative body agreed the…
Jaishankar launches govt website on economic diplomacy
New Delhi, Dec 16 (UNI) External Affairs Minister S. Jaishankar on Wednesday launched the government website on Economic Diplomacy-- www.indibiz.gov.in--showcasing the country's economic, sectoral, and State-wise strengths that make for an…
Bitcoin hits all-time high above $21,000
Moscow, Dec 17 (Sputnik) – The world's most popular cryptocurrency, Bitcoin, has hit a new all-time high of more than $21,000.
On Binance, the largest cryptocurrency exchange by trading volume, Bitcoin was trading up 8.31 percent at…
November retail inflation eases to 7%, food prices cool down
New Delhi: Cheaper food prices lowered India's sequential retail price inflation in November.
Sequentially, the Consumer Price Index (CPI), which gauges the retail price inflation, rose at a slower rate of 6.93 per cent in November from…
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…
