New Delhi (IANS) The Steering Committee for Advancing Local Value-Add and Exports (SCALE), chaired by Mahindra & Mahindra MD and CEO Pawan Goenka, has suggested sector-specific strategy to boost local manufacturing and exports. The committee, which has submitted its report to … read more
New Delhi (IANS) Reliance Jio topped the subscription race in June, followed by Bharti Airtel. Jio added over 54.66 lakh subscribers during the month, taking its total subscriber base to 43.67 crore, data from the Telecom Regulatory Authority of India (TRAI) … read more
New Delhi (IANS) State-run NTPC has commissioned the largest floating solar PV project in India of 25MW on the reservoir of its Simhadri thermal station in Visakhapatnam, Andhra Pradesh. This is also the first solar project to be set up under … read more
Bengaluru (IANS) Flipkart Wholesale, the digital B2B marketplace of India’s homegrown Flipkart Group, on Thursday announced its plans to more than triple its geographical footprint in the country to close to 2,700 cities, with an aim to make business easier and … read more
New Delhi (IANS) India on Tuesday notified the RoDTEP (Refund of Duties and Taxes on Exported Products) scheme, meant to provide refunds to exporters on taxes and levies borne on exported products. “The scheme for zero rating of exports will boost … read more
Mumbai (IANS) Foreign portfolio investors (FPI) have made a net investment of Rs 2,085 crore so far in August in Indian equities, according to data from NSDL. The FPIs have made a comeback after a net outflow of Rs 11,308 crore … read more
New Delhi (IANS) A faster growth in private sector spending would be required to spur economic growth in the 2020 decade, Motilal Oswal Financial Services (MOFSL) said. The MOFSL research note cited limitations in government revenues to support growth in the … read more
New Delhi (IANS) India’s merchandise exports in July 2021 rose to $35.43 billion, higher by 49.85 per cent on a year-on-year basis, official data showed on Friday. Exports during July 2020 stood at $23.64 billion. The data by the Ministry of … read more
New Delhi (IANS) Lower food prices eased India’s July retail inflation on a sequential basis. Data furnished by the National Statistical Office (NSO) showed that the Consumer Price Index (CPI) slipped to 5.59 per cent last month from 6.26 per … read more
New Delhi (IANS) Billionaire Mukesh Ambanis Reliance Industries is weighing a bid for Deutsche Telekom AG’s Netherlands subsidiary, according to people familiar with the matter, Bloomberg reported. The Indian conglomerate is working with an adviser to evaluate an offer for T-Mobile … read more